Cable & Wireless(CW.)

Sector:

Fixed Line Telecommunications

Index:

FTSE 100

Market Cap

£3,459.14m

Change Today

Price Up7.80p (6.01%)

Share Price

137.60p

CW. Overview

Originally the phone company that linked the outposts of the British Empire, Cable & Wireless has been around, in various formations, since the 1860’s. The group operates through two standalone business units - International and UK. The group generates well over half of its revenues from the UK and Caribbean.

1 Day Chart (13-Oct-2008)

1 Day Chart

6 Month Chart

6 Month Chart

Income & Efficiency

Latest F'cast
Div Yield 5.5% 6.6%
Div Cover 1.1 1.1
Op Mrgn 7.8% 10.0%
ROCE 17.7%  

Valuation

Latest F'cast
P/E 20.2 15.1
PEG 0.2 0.4
Pr/Revenue 1.1 1.0
Pr/Book 1.8  

Growth

Latest F'cast
Revenue -5.9% 10.7%
PBT 7.2% 30.1%
EPS 97.5% 33.6%
DPS 28.2% 14.3%

CW. Fundamentals

Year Ending Revenue (£m) Pre-tax (£m) EPS P/E PEG EPS Grth. Div Yield
31-Mar-04 a3,671.00 a(224.00) (10.20)p n/a n/a n/a 3.15p 2.4%
31-Mar-05 2,948.00 167.00 5.70p 22.7 n/a n/a 3.80p 2.9%
31-Mar-06 3,230.00 100.00 (0.60)p n/a n/a n/a 4.50p 4.1%
31-Mar-07 3,348.00 249.00 6.30p 26.4 n/a n/a 5.85p 3.5%
31-Mar-08 3,152.00 267.00 6.80p 21.9 2.7 +8% 7.50p 5.0%

a. Based on UK GAAP presentation of accounts - includes discontinued activities

CW. Forecasts

Year Ending Revenue (£m) Pre-tax (£m) EPS P/E PEG EPS Grth. Div Yield
31-Mar-09 3,488.09 347.48 9.08p 15.1 0.4 +34% 8.57p 6.6%
31-Mar-10 3,797.56 450.51 12.76p 10.8 0.3 +40% 9.93p 7.7%

Covering analysts: ABN AMRO, Citigroup Investment Research, Collins Stewart, Credit Suisse, Deutsche Bank Research, Exane BNP Paribas, Goldman Sachs, HSBC Securities, Investec Securities, JP Morgan, Kaupthing Singer & Friedlander, Lehman Bros, Merrill Lynch, Morgan Stanley

CW. Company Announcements

Rule 8.3 - Cable & Wireless 09-Oct-2008 15:00 BW
Director/PDMR Shareholding 07-Oct-2008 18:07 RNS
Rule 8.3 - Cable & Wireless 07-Oct-2008 15:16 BW

CW. ShareCast News

Sunday newspaper round-up: Bradford and Bingley,... 28-Sep-2008 ShareCast
Sunday newspaper round-up: Barclays/Lehman Broth... 14-Sep-2008 ShareCast
Friday newspaper round-up: XL Leisure, Tesco, Kesa 12-Sep-2008 ShareCast

CW. Top Newspaper Links

C&W 'completes' Thus purchase 02-Oct-2008 The Scotsman
Cable & Wireless accelerates demerger plan 14-Sep-2008 Sunday Telegraph
Industry 'must pay for super-fast broadband' 13-Sep-2008 Guardian

Latest CW. Director Deals

No deals were found in the last 28 days.

Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

Note 3: Above ratios are on a 'per annum' basis, adjusted for corporate actions and based on the fundamentals of the primary listed security.

Note 4: Under IFRS, all figures are based on 'Continuing' operations unless otherwise stated.

Note 5: In the case of dual listed securities, broker recommendations and forecasts relate to the primary listing.

Note 6: Forecast figures based on normalised accounts.

 

CW. Market Data

Currency UK Pounds
Share Price 137.60p Price Up
Change Today +7.80p
52 Week High 195.40
52 Week Low 128.80
Volume 25,154,699
Shares Issued 2,513.91m
Market Cap £3,459.14m
Beta 0.80
RiskGrade 237

CW. Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
87.66% below the market average87.66% below the market average87.66% below the market average87.66% below the market average87.66% below the market average
100% below the sector average100% below the sector average100% below the sector average100% below the sector average100% below the sector average
Price Trend
60.10% above the market average60.10% above the market average60.10% above the market average60.10% above the market average60.10% above the market average
33.33% above the sector average33.33% above the sector average33.33% above the sector average33.33% above the sector average33.33% above the sector average
Income
31.80% above the market average31.80% above the market average31.80% above the market average31.80% above the market average31.80% above the market average
33.33% below the sector average33.33% below the sector average33.33% below the sector average33.33% below the sector average33.33% below the sector average
Growth
8.12% above the market average8.12% above the market average8.12% above the market average8.12% above the market average8.12% above the market average
66.67% above the sector average66.67% above the sector average66.67% above the sector average66.67% above the sector average66.67% above the sector average

What The Brokers Say

Strong Buy 6
Buy 2
Neutral 7
Sell 1
Strong Sell 1
Total 17
buy
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

CW. Dividends

  Latest Previous
  Final Interim
Ex-Div 11-Jun-08 21-Nov-07
Paid 08-Aug-08 25-Jan-08
Amount 5.00p 2.50p

Trades for --2008

Time Volume / Share Price
0 @ 0.000p

CW. Key Personnel

Chair Richard D Lapthorne
CEO Harris Jones

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