Credit Suisse First Boston plans to issue 120 million locked-in return call warrants on PCCW Limited (0008). Details are as follows:

Issue price: $0.509 each (9.7% of reference spot)

Strike price: $6.28 (119.62% of reference spot)

Reference spot: $5.25

Premium: 29.31%

Gearing: 10.31x

Entitlement: 1 warrant to 1 underlying share

Maturity date: 10 March, 2005

Periodic fixing dates: 10 December, 2003
10 May, 2004
11 October, 2004
10 March, 2005
 

(Infocast News) Credit Suisse First Boston (CSFB) upgraded the rating on PCCW Limited (0008) from "Underperform" to "Neutral", partly due to a hike in valuation of the company's property projects.

Citing the strong sales of the company's Residence Bel-Air and the rebounding property market, CSFB raised its valuation of the company's Cyberport property development from $0.4 per share to $0.7 per share, and raised the 12-month fair value estimate on the stock from $4.75 to $5.6.
 

http://knobias.10kwizard.com/...k&ipage=2361034&doc=1&total=52&back=1
Financial Highlights
For the six months ended June 30, 2003
Profit/(Loss) for the period attributable to shareholders 703 (448)
                                                                      §
Basic earnings/(loss) per share 15.11 cents (9.77 cents)
                                                                      §
Diluted earnings per share 14.89 cents N/A
                                                                                §
   EBITDA*          §3,862 4,131
                                                                      §
Management’s Discussion and Analysis
• Consolidated revenue increased 5 percent to HK$10,726 million (approximately US$1,375 million)
• Group EBITDA1 margin before pre-sales of Residence Bel-Air increased from 40 percent to 42 percent
• Profit attributable to shareholders for the period increased to HK$703 million (approximately US$90 million) versus a restated loss of HK$448 million (approximately US$57 million) for the same period last year
• Net Debt2 as at June 30, 2003, adjusted for share placement completed in July 2003, was 8 percent lower at HK$30,327 million (approximately US$3,888 million)
• Substantial early success of new generation fixed-line services saw 350,000 customers signed up within 6 weeks after launch in July 2003.


na wenn das nix ist!  

und Aussicht auf A-Rating in 2005!
Thursday , October 09, 2003 03:22 ET HONG KONG, Oct 09, 2003 (AFX-ASIA via COMTEX) -- Lehman Brothers has rated PCCW Ltd (8.HK) "overweight" because of the company's fast sales at its residential Bel-Air project.

Analyst Peter Milliken said that of the total 2,800 Bel-Air units, the company has sold 1,100 since the project was first launched last year.

"The project appears to have been fast-tracked, allowing PCCW to recoup cash more quickly. Should it sell a further 200 units, it could receive 708 mln hkd in cash in the second half of 2004," he said in research note to investors.

PCCW has invested 4.5 bln hkd in the project.

Milliken said that by having generated sales proceeds so rapidly, PCCW has been able to reinvest cash into constructing the subsequent phases sooner. This all leads to a likely sellout by 2005.

"We estimate PCCW can repay its 1.1 bln usd convertible, which expires in Dec 2005, without needing to refinance. The cash generated will also help it achieve an 'A' credit rating, which PCCW desires before starting paying dividends again."

Milliken also pointed out that in the last three months the Hang Seng Index Property Sub-index has jumped 40 pct, while PCCW rose just 16 pct.

 

s.o.  

,- 60 cent ist kein schlechter start.

mit dem allgemein erwarteten aufschwung in china ist pccw ein muss ! im depot.
schlechter als die deutsche telekom steht sie auf keinen fall da.  

+33% in den letzten 3 Monaten!

Monday , October 13, 2003 06:53 ET The following article appears in today's Wall Street Journal Asia(tm) discussing PCCW Limited:
"Telecommunications Report: No Other Place Outclasses Hong Kong In Providing TV Services Over Phone Wires"
(NYSE: PCW) last traded at $7.26, up $0.32 (4.61%), on 14,900 shares.
Monday , October 13, 2003 04:33 ET Oct 13, 2003 (The Asian Wall Street Journal - ABIX via COMTEX) -- Richard Li, the CEO of embattled Hong Kong telco, PCCW Limited, has been cheered by the success of the company's Cyberport development. The real estate venture has already generated $HK8.8bn for PCCW following the sale of more than 1,100 residential units. This has had a beneficial effect on the telco's share price, which has improved by 33% in the past three months after a period of decline. On 9 October 2003, PCCW's share price stood at $HK5.50  

Infocast News) Betty Fung, Cyberport Coordinator, said that phase I and II of the Cyberport have occupancy ratios of 65% and 98% respectively, while the completed part of phase III has one of 26%. The Cyberport currently has 25 tenants, including 13 SMEs. Fung said that the Cyberport is currently leased at $11 per square foot, which she believes is competitive. She said the management has no plan to change the rental price.

In 2003, she said, the Cyberport will continue to cooperate with InvestHK, Hong Kong Trade Development Council and Hong Kong Science Park for better marketing. The Cyberport would also support the development of SMEs engaged in the IT industry by allowing them to use the facilities in the Cyberport.

Newly founded companies leasing properties in the Cyberport 1,000 square feet in area will be given a 50% rental discount for the first year of tenancy.
 

 

HONG KONG, Oct 22, 2003 (AFX-ASIA via COMTEX) -- Telecommunication company PCCW Ltd (8.HK) was higher in mid-afternoon trade as investors chased the laggard stock on hopes of further share price gains in the future, dealers said.

PCCW was up 0.15, or 2.59 pct, at 5.95 hkd on volume of 96.51 mln shares.

The company bucked the trend of declining telecom stocks with Hutchison down 0.25 at 61.75, China Unicom down 0.05 to 7.60 and China Mobile down 0.05 to 23.25.

The Hang Seng Index was up 4.83 points at 12,255.53.

A local dealer said a Japanese-based investment firm has been buying into PCCW.
 

ich bin damals bei ,-55 eingestiegen.

war kein schlechter tip, zumal die aktie bei steigendem interesse an china mit sicherheit  profitiert.

bei rücksetzer nachkaufen!  

ich schreibe auch bei ragingbull und WO darüber  

 

Habe heute nachgekauft.

1.nnt Ihr mir sagen ob die schon einen Reversesplit hatten oder geplant haben?

2.wieviele Aktien haben die nun am Markt, hoffe nicht so viele wie Tom.com?

Wer kann helfen?

Danke im voraus!

Soros  

Habe heute nachgekauft.

1.Könnt Ihr mir sagen ob die schon einen Reversesplit hatten oder geplant haben?

2.wieviele Aktien haben die nun am Markt, hoffe nicht so viele wie Tom.com?

Wer kann helfen?

Danke im voraus!

Soros  

URL  http://www.pccw.com  
IssShare  5,368,754,074  
MktCap (m)  $ 30,333.46  

von reverse split ist nicht die Rede ,denke auch dass das nicht kommt,guck dir an wieviele Aktien als Pennywerte agieren in HK  

und 62% der Broadbanduser in HK sind bei PCCW,jährlich sollen 250 Millionen in den Ausbau des Netzes gesteckt werden
30 Oct 2003 14:33 Market News

(Infocast News) PCCW (0008) Chief Operating Officer Michael Butcher said during a seminar that the company's "now" broadband TV operation has had 100,000 registered users now, of whom 50,000 can already watch TV programmes. Of all of the 800,000 broadband Internet users currently in Hong Kong, 500,000 are customers of PCCW, according to him.

PCCW's broadband service will be expanded to provide digital household network services in future, as part of the management's effort to develop the company into a multi-purpose network services provider.

He also said PCCW will spend $250 million each year to enhance its network.

 

Danke für die Info! Ganze menge Aktien am Markt. Werde meine langfristig halten , meine Tom.com ebenfalls. Der Trend bleibt in Zukunft China...Irgendwo hatte ich was gelesen von einen Reversesplit?

URL  http://www.pccw.com  
IssShare  5,368,754,074  
MktCap (m)  $ 30,333.46  


Bis danne

  Pacific Century Regional Developments gibt Geschäftszahlen bekannt  10:56 01.09.03  
    FNN   PCCW schreibt schwarze Zahlen, Gewinn unter den Erwartungen  11:45 29.08.03  
    FNN   PCCW platziert Anleihen im Wert von 500 Mio. Dollar  11:35 11.07.03  
    FNN   PCCW weist nach US-Bilanzierung höheren Verlust aus  11:45 02.07.03  
    FNN   Presse: PCCW denkt über Privatisierung von PCCW Japan nach  09:56 23.06.03  
    FNN   Richard Li tritt als CEO von PCCW ab  17:35 17.06.03  
    FNN   PCCW vom Handel ausgesetzt, Cable & Wireless verkauft Anteile  11:26 05.06.03  
    FNN   Cable & Wireless verkauft PCCW-Anteil  09:55 05.06.03  
 

reverse split war wohl im Januar,bei ragingbull ist einer dessen Bank hat die noch immer richtig gestellt in Germany.Gibt aber auch ne nicht so gute news:
PCCW-HKT Telephone Limited ,Tochter von PCCW ,die schonmal 2,8 Milliarden Anleihe brauchte,braucht schon wieder 4 Milliarden
31 Oct 2003 15:00 Market News

(Infocast News) Foreign newswire reports quoted from Basis Point that PCCW-HKT Telephone Limited, a subsidiary of PCCW Limited (0008), is seeking a $4 billion debt refinancing with a term of five years and is now inviting banks to bid for the arranger role of the deal. It is said that the company looks for a madated price at mid-60 basis points or below.

The company had completed a seven-year $2.8 billion loan deal in August

übrigens PCCW ist ne reine Hongkongaktie allerdings mit 50% Tochter Unihub in China
guck dir mal avichina an,seit gestern gelistet in HK und München heute +9%,scheint mir interessanter als tomcom  

Intel stockt PCCW-Beteiligung auf
(Instock) Der US-Chipriese Intel (Nasdaq: INTC) hat seine Beteiligung am chinesischen Fest- und Kabelnetzbetreiber Pacific Century Cyberworks (PCCW) auf 11,4 Prozent aufgestockt. Bis dato waren die Amerikaner nur mit 6,2 Prozent an dem im Hang-Seng-Index notierten Unternehmen beteiligt.

 

 

PCCW gained 23 cents, or 4.7 percent, to HK$5.08, set for its highest close since Nov. 27. Wong, chairman of Smart Rich Energy Finance (Holdings) Ltd., said he plans to raise HK$30 billion in an initial public offering of a new company to fund the purchase of PCCW's fixed-line, mobile-phone and pay-TV units, Radio Television Hong Kong reported yesterday.