Brought these shares as a spectulative share has anyone seen any news or read any reports about it's protential?

it has been one of my better performing shares.. only regret i don't hold alot .. hindsight makes a fool of us all!

Only a week to go before results any thoughts on what will happen after the results have been released, considering how well they r doing could we see 7p ? or higher let's hope so.

soz windy i have just started a new thread on this ..for some reason i couldn't find this ..my apologise

that all right kantona what do you think the effect's of the results will have on these shares?

I am in with 250,000 of these at 3.1p, cannot see 7p in the short term. I am hoping for 5p in the next fortnight. Results are expected to be impressive, how impressive will determine where this goes next week. I see 4.5p by Friday close.

windy..in response to ur question .. the share price has been very positive since the trading update they have moved up from 2.6p to around the current levels .. i am going to be cautiously optimistic and say i agree with Doshmaker with his analysis .. the current momentum in anticipation of the results should lift theshare price to the 5p mark ..after the results are known and then it's anyone's guess.

should be interesting few days ahead for this ..

P.S there is another co i hold chelford group (chr) ..very similar story to IDN a recovery play ..results due mid march --last trading statement very positive. etc etc ..is also worth monitoring. i vll dig out that thread as well

with good results on monday any reason for the price still going down?

Not going down any more. Appears to be significant number of buys. Been holding for a few months now. Can't see there being a sudden hike Monday, but a slow tick up will probably be on the cards.

impressive set of results .....

IDN Telecom PLC
08 March 2004


IDN Telecom plc
('IDN' or the 'Company')

Final results for year ended 31 October 2003

IDN Telecom plc, a leading independent provider of telecommunications services
for both landline and mobile, as well as data communication services and advice,
has today announced its results for the year to 31st October 2003. They show a
significant swing into profitability.

Highlights

Profitability increased

Full year pre-tax profits of 258,000 and EBITDA of 555,000. This is a profit
improvement of 2.4m over the 2.1m loss reported in 2002. In 2003 gross margins
improved to 30.3% from 27.1% in 2002, whilst overheads fell by 32% compared to
2002 on an annualised basis.

Revenue growth continues

Total revenues amounted to 9,209,000, a 21% increase on the annualised revenues
for 2002.

Cash flow and net asset improvement

Cash flow enhanced through a 430,000 share placement and rigorous collection of
receivables. Net assets improved from a negative 281,000 to a positive
407,000.

Performance improving each half year

Profit improved from 5,000 in the first half year to 253,000 (5% of revenues)
in the second half year. Similarly EBITDA rose from 157,000 in the first half
year to 398,000 in the second half.

Major Account wins

IDN has been successful in winning many major new accounts with annualised
expenditure in the range of 100,000 to 400,000. Successes have been recorded
in local government, health care and the corporate sector.

Product Portfolio strengthens

IDN has successfully rolled out the line rental product and now supports many
thousands of lines across its customer base. The IDN mobile product offering was
launched at the end of the financial year to provide IDN clients with a true
'one-stop shop' for their landline, mobile and broadband requirements.

Commenting upon these results Chairman Barry Roberts said:

'IDN made considerable progress in 2003. The Company is now well positioned to
capitalise on its market opportunities. I am confident that we will continue to
improve and further strengthen the Group's financial performance in 2004.'

For further information please visit
www.idn.co.uk
or contact:

Barry Roberts, Non Executive Chairman, 0870 777 1775
Mike Morrison, Managing Director, 0870 777 1775
Jeremy Porter, Seymour Pierce Limited, 020 7107 8000

Notes to Editors

Established in 1996 and floated on the AIM market in 2000, IDN is a leading
independent provider of telecommunication services in the UK.

Based in Solihull, near Birmingham, the Company has 35 employees and has now
built up to servicing nearly 1,000 clients across the UK business community. IDN
provides customers with advice on all aspects of communications management.

The Company's expertise lies in analysing a client's telecom call pattern and
costs, with a view to recommending and contracting to supply the most
appropriate and cost-effective solution.


Final results for year ended 31 October 2003

Chairman's Statement

In 2003 the IDN Telecom group enjoyed a very positive year and we are now
trading profitably after the years of establishment losses. Last year we worked
very hard to secure significant improvements in profitability and revenue
growth. The further strengthening of our product and service offering helped us
to achieve several new major customer successes.

The Company has been successful in winning many major new accounts with
annualised expenditure in the range of 100,000 to 400,000. Successes have been
recorded in local government, health care and the corporate sector.

Revenues in 2003 totalled 9,209,000, which was a 21% increase on the annualised
revenues for 2002. Full year pre-tax profits closed at 258,000, which is a
2,438,000 improvement over the 2,180,000 trading loss reported in 2002. EBITDA
amounted to 555,000 (representing 6% of revenues).

Gross margins improved in the year to 30.3%, which was a healthy increase from
the 27.1% in 2002. Overheads for 2003 fell by 32%, as compared to 2002 on an
annualised basis, and closed at 2,499,000. As a percentage of revenues
overheads have been reduced from 48.2% in 2002 to just 27.1% in 2003.

Cash flow in 2003 was enhanced through a 430,000 share placement and rigorous
collection of receivables. Net assets improved by 688,000 from a negative
281,000 in 2002 to a positive 407,000 in 2003.

The line rental product has been successfully introduced into the product
portfolio and the majority of new customer accounts now take advantage of this
product. Improved purchase rates from our network providers and our enhanced
focus on tariff management have combined to enable IDN to offer competitively
priced services to its customers whilst improving financial performance.

IDN's offerings are based on being competitive whilst striving to ensure that
customer service standards are second to none.

As a 'Virtual Service Provider' without fixed infrastructure, carrier
relationships are of crucial importance. IDN will use only those carriers that
offer a first class network for national and international traffic, competitive
tariffs and excellent customer support. To minimise risk IDN will continue to
spread its network requirements amongst 4 to 6 carriers.

The product portfolio has been strengthened considerably in 2003. As one of the
first adopters in the UK of the BT line rental product, IDN has successfully
provisioned and now supports many thousands of lines across its customer base.
The mobile product offering, which was launched at the end of the financial
year, now helps to provide IDN clients with a true 'one-stop shop' for their
landline, mobile and broadband requirements.

The current trading year will see a further expansion of the product portfolio
in line with the communication requirements of the market place.

The Current Year

Throughout 2004, multiple product penetration strategies will continue to be
deployed, as there is a significant opportunity to enhance revenues and customer
satisfaction via the broadening of the offering into existing and future
clients.

Financially, IDN will drive for increased revenues via both direct and third
party channels and enhanced profitability through tariff management, margin
control and improved productivity.

In summary, 2003 was a very satisfactory year for IDN. The Company is now well
positioned to capitalise on its market opportunities. As a Board we are very
confident that we will continue to improve and further strengthen the Group's
financial performance throughout 2004.

The improvement in the Company's results would not have been possible without
the commitment and hard work that has been shown by our employees during the
year, to whom I extend my appreciation.

Barry Roberts
Chairman

with such impressive results why as the price dropped so much, is this just profit taking?. I am surprised to see it drop so much was expecting the price to go the other way, maybe it will by the end of the week, anyone got any views ?

now the results r out have poeple lost interest in this company?

iam amazed, this company with these results make them very attractive to be bought out.profit takers are in.

I am rather shocked. Expected a nice tick up after the results. Instead, the drop was totally unexpected. So are these going to slowly tick up again???? Anyone got any ideas?

still seem to be going down for no reason can anyone shed some light on the matter?

I think a lot of profit taking has been going on. Especially at the end of the tax year. Even at this price it is still double the price it was at the beginning of the year. I bought at 1.25p but I am holding as I am convinced their is still a lot of upside in this stock.

I am holding and agree with jenger that people are just re-assessing their portfolios before the end of the tax year. Fingers crossed

look's like they are set to fly again :-))

Hope they 'fly' - would be nice to get back to what I paid for them and MORE!

AGM next week...should be bullish.

what date is the agm?