ATCG Results due monday expected to be good, returned to profit last interims, major new contracts won recently with Vanco, Siemens and extended contract with BT for a further 6 years. Share price has suffered lately due to Mark Woodbridge leaving (he was previously director of Torex Retail June 2000 to 2003). Expect a strong recovery on back of these contract wins and aquisition of Rocom

AT Communications Group Plc
06 December 2006

6 December 2006



AT Communications Group Plc

Trading update and major new contract win



AT Communications Group Plc (AIM: ATCG; 'ATC' or the 'Group'), one of the UK's
leading business to business communications groups, today announces a trading
update for the year to 31 December 2006 including expected profits and progress
on the integration of Rocom, as well as a major contract win with Siemens.

Trading continues to be generally strong, with the Group awarded a substantial
new contract with Siemens Enterprise Communications for online services using
Rocom proprietary e-trading platform, RocomX, as well as the provision of
managed services.

The Board expects to secure additional contracts during Q4 but the bulk of these
revenues will be recognised in 2007. The Group expects to report pre-tax and
pre-goodwill profits in the order of 4.5 million, having reported a loss in the
previous financial year. The Board also expects to pay a maiden dividend for
the year to 31 December 2006.

Since the Rocom acquisition in August 2006, the Group has largely completed the
reorganisation and integration programme and will fully operate as three key
business units with effect from January 2007.

The Rocom brand is now used for all distribution and channel customers with ATC
indirect (channel) customers now serviced by Rocom, as service teams of both
organisations are fully integrated. Cross-selling opportunities across the
direct sales teams are also already being exploited.

The Group is about to launch a newly branded Service division which comprises
engineering and technical service delivery to direct and channel customers as
well as third parties such as BT and Vanco.

Up this morning: ATCG Bid: 42p Offer: 45p Change: 2 on 55K traded. Low volume compared with yesterday's 500K turnover.

But at least I've now broken even :o)

Nice....102p :)

up some more: ATCG Bid: 44p Offer: 47p Change: 4 now 615K traded

Tipped in Trendwatch earlier this week it appears from a post on AFN. Trendwatch refer to the latest DS Note and quote a prospective PE of just 4.7 for 2008 and a PEG of just 0.15. Their conclusion was that those who had originally participated in the placing last summer (to partially fund the Rocom deal) will see a share price well ahead of the 48p that they paid then !

PP, I too calculated a ridiculously tiny PEG. Nice.

All ATCG now needs is a bit more media mention......

- and today it has broken through the 45p resistance level!

More like crawled through - but hey, the volume was decent by the standards of this stock. 400,000-odd.

The move up looks not solid as yet, a move to 46p bid price would be better imo.

Tick up, 2 v 1 but still not 46p bid yet......

Nice news :)

http://www.investegate.co.uk/Article.aspx?id=200704180700300372V

AT Communications Group Plc 18 April 2007

2.5m voice services contract secured

AT Communications Group plc (AIM: ATCG; 'ATC' or 'the Group'), one of the UK's
leading information, communications and technology (ICT) groups, has secured
2.5 million of annualised reseller contracts. ATC's Rocom division will now
manage the reseller contracts on behalf of a leading UK-based telecoms operator
and carrier. These contracts were migrated to ATC as a result of the Group's
ability to provide a broad range of communications technology and solutions.

In addition to the enhanced earnings visibility through the existing annual
voice services contracts, ATC is now actively working with these customers to
cross-sell additional products and services from the Group's broad portfolio
under the existing supplier relationship.

Alex Tupman, AT Communications Group Chief Executive, said:
'This is a significant development as it demonstrates that our revamped reseller
and end-customer propositions are extremely strong and broad. Our strategy of
focusing on both direct and indirect routes to market is enabling us to maximise
the opportunities across the UK ICT market.'

pp - we needed that!

Comment from DS this morning :

AT Communications - BUY
Price: 47p Target price: 70p

ATComms announces 2.5m reseller contract

AT Communications Group has announced a 2.5m (annualised) reseller contract via its Rocom division for a leading UK-based telecoms operator

In addition to the enhanced earnings visibility through the existing annual voice services contracts, ATC will cross-sell additional products and services

Comment:

This is an extremely encouraging endorsement of ATCs strategy in acquiring Rocom, and the clearly-stated rationale for the acquisition which is to cross-sell a wide range of managed solutions to its customer base.

ATC remains highly attractive on 6.7x DS&C 07(E) or 10x at our target valuation, with 19% CAGR (EPS E) to 2009, compared to peers Alternative Networks on a (FY07 consensus) multiple of 15.0x; Maintel 15.1x; BNS 14.2x; Vanco 18.2x

Great news, let's have some more like that!

SP: ATCG Bid: 44p Offer: 47p Change: 0.5 108K traded.

DS 11th April 07 update for reference :

http://www.danielstewart.co.uk/CMS/nmanagerpro/attachments/ATCG_2pg_Apr07.pdf



.

Makes very good reading doesn't it. :-), good price at the moment won't stay there too long.

Contract Win RNS this morning, and DS comment afterwards is as follows :


"AT Communications - BUY Price: 39p Target price: 70p Code:

ATCG.L Analyst: Mike Jeremy | 020 7776 6570

First contract win for SiNET hosted VoIP service

AT Communications has announced its first major contract for its SiNET hosted IP telephony product. The contract is for FADS, UK decorating specialist, via the integrator division ATC Solutions and is evidence that the hosted IP market has appeal in the UK.

ATC Solutions will provide SiNET to 60 (of 70) FADS sites (plus HQ) in a 3-year contract including voice telephony, IP-based trunk provision, installation and maintenance. ATC reports trials underway with other prospective clients.

Subsequent to the acquisition of Rocom in 2006, ATC reorganised into three divisions; ATC Solutions, offering systems integration solutions to SMEs; Servassure providing resale, distribution for telecoms carriers; and Rocom, a distributor and base for the introduction of other services.

Following this major reorganisation we expect FY07-08 to be a phase of implementation, as is evident in the FADS contract and a 2.5m Rocom win in April.

ATC currently trades at a huge 65% discount to an average of its peers, 5.8x compared to 16.3x (FY07 E) whilst offering 16% 07-09(E) EPS CAGR against a comparable 18.8% average. BUY. "

Ticking up again today, good support at 40p now, should start moving upwards from here, what was that target again? 70p.............tasty.

Trading statement

http://www.moneyam.com/action/news/showArticle?id=1984000

Nice bullish AGM statement.


AT Communications Group Plc 24 May 2007

AGM Trading Statement

At today's Annual General Meeting of AT Communications Group plc (AIM: ATCG;
'ATC' or 'the Group'), one of the UK's leading information and communications
technology (ICT) groups, Gerard Spencer, Non-Executive Chairman of ATC, will
make the following statement:

'I am delighted to report that current trading continues to be in line with the
Board's expectation.

'The Group continues to benefit from its strategy to focus on large enterprise
customers with significant new contract wins including Nottinghamshire Primary
Care Trust and Thistle Hotels. The Nottinghamshire PCT win is a good example of
cross-selling; a previous Rocom Corporate customer, the account is now part of
ATC Solutions, and the historical trading relationship was a crucial factor
behind ATC Solutions winning the IP telephony contract. Thistle Hotels is
benefiting from our Servassure service delivery business through its contract
with BT.

'The Group has broadened its IP product portfolio with an additional
distribution agreement with Nortel for the Rocom division. This agreement is for
the distribution of Nortel's range of BCM IP telephone systems, which are
targeted at SME customers, and for Nortel's SME range of data products.
Nortel's share of the market in traditional PBXs is amongst the largest in the
UK, so this distribution partnership positions Rocom at the forefront of the
shift to IP technology through the reseller channel.

'The acquisition of Rocom has bedded down well, and the integration of back
office systems and the centralisation of the Finance, IT and Procurement
departments is underway, resulting in greater efficiencies in the medium to
long-term.

'In April, the Group announced a migration of 2.5 million annualised reseller
contracts for the provision and management of voice minutes services to end-user
customers. The expansion of our reseller base provides continues to provide
considerable opportunity for cross-selling and enhances visibility of earnings.
Major telcos continue to re-evaluate how they manage their customers and
channels, and we anticipate that this trend will result in further deals along
similar lines during the course of this year.

'The formal launch of Servassure as an independent service delivery business has
already meant that our year-to-date business with BT has grown significantly. We
have developed a web portal for BT to engage with Servassure, which has helped
to facilitate increased levels of assurance contracts being placed by BT with
Servassure. The web portal and helpdesk model of engagement is now being
established to engage with other Servassure partners, including Rocom resellers.
There has been significant channel interest in using Servassure's suite of
engineering and network services to complement and complete their offerings to
the market.

'Yesterday, we announced a significant three-year contract for SiNET, our hosted
IP telephony service, with FADS, the UK high street decorating specialist. This
is our first major contract for SiNET and a significant endorsement for the
product which is being trialled with several major UK retailers. The contract
will cover the provision of SiNET, combined with voice minutes, IP trunks and
full installation and maintenance services, across 60 sites and FADS'
headquarters. Another SiNET trial will be underway shortly with Empire Cinemas.

'Our recruitment process for a new Group Finance Director is progressing well.
We hope to be in a position to announce an appointment soon.

'Finally, the Group has just been named as 'Networking/Comms Reseller of the
Year' at the MicroScope awards, in recognition of our capability in delivering
complex ICT solutions to larger businesses.'


Enquiries:

AT Communications Group plc 08700 55 80 80
Alex Tupman, Chief Executive

http://www.atcommunications.co.uk