18th October 2007 : Leadcom voted "AIM International Company of the Year for 2007"




Main Web Site : http://www.leadcom-is.com/

Investor Relations Email : investorsinfo@leadcom-is.com

Yes KD, just buy 5 shares and you can pop in for tea and biscuits :)

Buy 5 million shares and I am sure you can have a beer too :)

MACD just about to cross, should be looking at a strong run now, AGM on 22nd, Q2 update end of month if not before, and India contract news possible anytime late June/July :)

Leadcom Integrated Solutions Limited (the "Company")

Holding in the Company

The Company was notified on 1 June 2006 that Universities Superannuation Scheme
Limited ("USS") has purchased 1,190,476 Leadcom ordinary shares. Following the
purchase of these shares, USS holds 4,675,476 Leadcom ordinary shares,
representing approximately 3.93 per cent. of the Company's issued share
capital.

Enquiries:

Eytan Muzcnik, Chief Financial Officer

Tel: +972 3 557 6 990

Asian markets up at the moment, and the Dow should open higher. US CPI figures being bad later today is priced in, so can only rally if they are not bad.

More and more companies reporting good earnings (which rather kills the supposed "inflation" worries and corporate earnings falling).

Been a great shake down on the markets, from today onwards I would say is the time to buy back into loads of run down prices, I have already topped up with a number of stocks this week, and will continue to do so. Average PER ratios on the FTSE are now under times 12.....thats an undervalued situation. Many companies like LEAD are now trading on single figure pr PER's and given high growth (proven and present and potential) are absolute bargains.

General market pick up should not be far away now I think.

Not much today, just a single MM move up to make L2 2 v 2

Buyers coming back today.

Solid day today on LEAD.

AGM next week :)

Trading update first week of July I think too :)

Not expecting any India news from the AGM this coming Thursday, just perhaps a statement saying how well the year has started and yet more growth etc..etc... :)

Altium reiterate their Buy rating today for LEAD.

Let me now, before the AGM update and Q2 trading update expand a little more on India. I feel like having a good old fashioned rose tinted spec. gush of pro-Leadcom feelings.

Firstly there are 2 tenders for big amounts of work. One is the BSNL one that everyone on here is aware of, there is also another one for Bharti Airtel, of equal size.

So, BSNL tender in India is for 60 million lines and is around 4.5 billion dollars.

Now, the other one is Bharti Airtel and is for 60 million lines and is agreed, rumour says, with Ericsson !!!

So now you see 2 tenders both for 60 million lines :) and both happening now.

First news up might be the BSNL tender, Alcatel have already got 25% of this order (15 million lines) and it is said Leadcom are working with them. The remanining 45 million lines has been shortlisted down to Nokia, Siemens, ZTE, Ericsson and Motorola (5 from 18 bidders). This will be cut down to 2 who will be awarded the deal (60% going to the cheapest of those 5 and 40% to the second cheapest). This news is expected in around 2 months (August).

So, on BSNL there is a chance of Alcatel news July with their share, and then the other news late August/September for the chosen 2 of the 5 bidders.

On the other (Bharti Airtel) 60 million line tender, its been awarded to Ericsson it is said, and news on this one should come soon.......so the potential for news on this in July from Leadcom, latest August I would guess but fingers crossed for July.

The other good news is that this is just 120 million lines and India is contracting at present to install 1.2 BILLION lines, so work the figures out of remaining work in the next 10 years, work out why Leadcom moved into India with a JV, and why Leadcom represents one hell of a growth play. The potential for "company maker" news from Leadcom over June to December of 2006 is very very good.



An extract of the business times to whet your appetite :


"..................Nokia-Siemens gets edge in BSNL bid

Our Economy Bureau / New Delhi June 20, 2006

The coming together of Nokia and Siemens AG's telecom equipment businesses has happened at a time when Bharat Sanchar Nigam Ltd (BSNL)has received bids for 45 million mobile lines, which is clearly the largest deal underway.

While a private operator like Bharti Airtel is believed to have chosen Ericsson recently for an equally massive order, the key impact of the deal will be on BSNL.

Bharti and BSNL are contracting to buy 1.2 billion lines, in a market that has just over 100 million cellphones and adds over 4 million every month to be the fastest growing globally.

This is unlike elsewhere in the world, where major markets have already reached saturation point. Of the five companies in the fray for the 45 million line BSNL order - Nokia, Ericsson, Motorola, Siemens and Chinese company ZTE - two have come together................ "

strow - 21 Jun'06 - 20:25 - 1392 of 1393

papal-thanks very much for that-leadcom is the "approved service provider" for ericsson-does this mean that all of their subcontracting should come leadcoms way here ?


PapalPower - 21 Jun'06 - 20:38 - 1393 of 1393

strow, - macansy and myself have been referring to "company maker deals".....Bharti Airtel might make Leadcom before BSNL puts the icing on the cake ;) LOL


No figures on the Airtel deal....but BSNL is 4.5 billion dollars, so expect Airtel to be around the same, the difference being of course that Airtel is 100% awarded to Ericsson so rumour says, BSNL is already 25% awarded to Alcatel and 75% to be awarded to two of the five left around August time.

Ericsson could well be putting some very large slices of work the way of Leadcom :) perhaps you can read in the timing of the recent PLACING - it was nothing to do with the 4.5 billion BSNL project, but possibly everything to do with the 4.5 billion ? dollar Bharti Airtel project :) As Airtel is private its a whole different ball game, and only now are leaks coming out that its possibly all going to Ericsson, which explains Leadcoms rush for working cap recently.

9 billion dollars to be awarded by end August in total, if Leadcom can pick up 5% of that total in subcontracts its company making in a big way for Leadcom, anything more is not worth thinking about, just let it happen if it does.



Some more links :

http://www.siliconindia.com/shownewsdata.asp?newsno=32174&newscat=Technology

http://www.business-standard.com/common/storypage.php?autono=95530&leftnm=1&subLeft=0&chkFlg=

LEAD is profitable and growing, and on its present rating its cheap.

The downside is minimal, the upside huge, bigger than any other stock I know off on the AIM market should these 2 big (BSNL and Airtel) contracts totalling around 9 billion dollars throw some work LEAD's way.

L2 presently 2 v 1 after a move up earlier ( @ 63/64.5 )

pp there was a 46000 deal at 64p- can you tell what this as and how L2 is looking- fairly wide spread at the moment

coeliac1, I would guess the 2 Broker buys were what caused the 100K T trade.

Balancing of buys and sells at the moment everyday, so would guess that all the placing shares not taken up yet, due to market conditions when it happened.

Pretty much a standard AGM statement, but then again with a trading update on the 3rd of July now its all to be expected at the moment, but bot long to wait for the trading update.

We know (nigh on confirmed) that Ericsson has been awarded the 4.5 billion dollar India Airtel project 100%. We also know that Alcatel has been awarded 25% of the India BSNL 4.5 Billion dollar project and Nokia/Siemens are in pole position for the large chunk of the remaining 75% BSNL tender on offer.

I reckon (with fingers crossed) Airtel news for July, along with possible some news on BSNL Alcatel, with the remaining news for around August/September when the other 75% of the BSNL deal is awarded, although with the size and complexity of the deals, its going to take time so delays are to be expected in terms of contract news.

Therefore, 3rd July, will it possibly be the smaller Alcatel slice of BSNL tender ? or will it be the massive Airtel project with Siemens, or both, or neither.........They have promised an India project update to many and soonest, lets hope the first signs come the first week of July.

Copy of a post I put elsewhere for info :

"strow, I would not be sceptical so much, as I said earlier, 2 people at the same meeting will have different takes on events. And having different view, bulls, bears, cautious and rosy spec's always makes the discussion more interesting and allows everyone to see the different sides and views :)

As Leadcom goes along there will be a lot of discussion between bulls and bears, hopeful and sceptical, worried and not worried.

At 63p its on a pr current year EPS of x 10 (not taking into account possible upgrades) which underlines the price where it is, and allows upside as this is too low for such a growth stock.

Yael and the Leadcom crew are in London (you see what a good move it is to have a gorgeous IR director, it means you get invited to lots of presentations and discussions with prospective and current investors ;) ). They should be strutting their stuff ahead off and after the Q2 trading update as well.

So, the price is low based on current year earnings forecasts, however the big question is just what does next year and the following years present. Next year is key as this is the forward rating and what most base their assumptions on. With any India deals falling into next financial year and the one after, the speculative side of Leadcom will be the effect on forward earnings. We are not taking "guesswork" here, if the deals go ahead we are talking prime firmed up order book, in the bag stuff. We can all safely say news will be in 6 months, but the question remains will it be 1 month, 1 week, 3 months, 5 months etc.... and that remains key to me, to be in and holding plenty of fully paid up shares ahead of the news. If I have to wait 5 more months, so be it, if news comes next week or next month then I am not going to be cursing for not having my fill ahead of it.

The size of the potential deals could, and its only could, be such so as to put Leadcom EPS up from the 6p to 8p range this year, to the 18p to 20p range in 2007/8. This is where the rerating potential comes from.

Presently at 63p on just over 10 times pr current year EPS of 6p.

If Leadcom were to take on a "standard" 15 times pr forward PER rating, then at present it should be 15 times 8p, or around 120p.

If the pr forward EPS is upgraded at any time in the next 6 months to take in some major work in India, then 15 times 18p becomes 270p.

This is what it all comes down to in simplistic terms, and a high forward rating would be fine given that the order book would be firm, and not "hopeful" after such contract signing. So in these very simplistic terms it is why I am holding a bucket load of Leadcom shares, and more than happy to wait.

It has to be noted that "to use the words of Colin" there is no smell to Leadcom as there is with CHNS, and also possibly RCG it could be said. From top to bottom and accounts all look solid, its simply a waiting game now and a belief that they can get a lot of work from India, whether it be 1 month or 6 months.

I am holding CHNS and RCG, but I am weighted to LEAD as I think it holds more potential, but thats my personal take and others will disagree."

The Leadcom India jobs section is getting longer.

http://www.leadcom-is.com/careers.asp?CatID=9&country=India

On some of them reference to Nokia/Ericsson experience, and also lots of mention of GSM rollout, system rollout etc.....

Patient and happy.

30 June 2006

Leadcom Issues H1 Trading Update

Leadcom Integrated Solutions Ltd. ("Leadcom" or "the Company"), (AIM: LEAD), an
international provider of telecommunications network deployment services, is
pleased to provide the following trading update for the six months ended 30
June 2006.

The Company has made good progress during the first half of the current year
and expects to report turnover for the six months ending 30 June 2006 of
approximately US$62 million, compared to US$46.8 million in H1 2005, and
compared to US$50.6 million in H2 2005. Normalised profits before tax
("Normalised PBT") margins are expected to be maintained at approximately the
same level as in 2005.

As at 30 June 2006, the Company's order book of signed orders and frame
agreements stands at approximately US$80 million, the vast majority of which
will be booked in 2006. The Company's pipeline of opportunities currently
exceeds US$300 million. The Leadcom board believes that the Company's usual
conversion rate will apply to its pipeline, part of which may convert in the
current year and the majority of which will fall into 2007.

During the first six months of 2006 the Company experienced an increased volume
of activity in existing and new markets, and was awarded a number of contracts
with annual values ranging from $1 million to $5 million, for example, in
Chile, Gabon, Tanzania, the Democratic Republic of Congo and Italy. Leadcom is
in the process of advanced negotiations with potential customers in new
countries, and expects new and follow-up orders from its existing regions of
operations, supported by funds recently raised.

Leadcom continues to build its market presence and competencies in India. We
will announce any outcome of contacts when these are known.

The Company is delighted that, on 26 May, 2006, it successfully raised US$ 22.4
million (12 million) of additional capital (before expenses) through a placing
of 19,070,000 shares with new and existing investors in the United Kingdom and
the United States. Management believes that its significantly strengthened
balance sheet will contribute to the above-mentioned acceleration in growth and
that the recent share issue will not dilute earnings per share in 2006.

Management anticipates announcing the Company's full results for the six months
ending June 30 2006 during the last week of August 2006.

Enquiries:

Yael Margoninsky - Leadcom

Tel: +972-3-557 6990

Ben Thorne / Garry Levin - Altium

Tel: +44 (0) 20 7484 4040

Luke Ahern - Corporate Synergy

Tel: +44 (0) 20 7448 4430

Beverley Weber - Fishburn Hedges

Tel +44 (0) 20 7839 4321

About Leadcom

Leadcom, established in 1982, is an international provider of
telecommunications network deployment services. Incorporated in Tel Aviv,
Israel, Leadcom was admitted to London's AIM market in April 2005.

Partnering with Nokia, Nortel, Ericsson and developing relationships with
Siemens, Alcatel, Huawei and others, and with activities in over 40 countries
throughout the Americas, Europe, Africa and Asia, Leadcom operates in the
supply, implementation and management of telecommunications network services
and solutions.

For further information visit www.leadcom-is.com

Fag packet back of, Based on 2005 interims we should be looking at Interims 2006 of :

Turnover 62m$ UP 32%
Gross Profit 17m$ UP 31%
PBT 5.6m$ UP 33%

With cash at around the 27m$ level on the books.

http://www.citywire.co.uk/News/NewsArticle.aspx?VersionID=83242&NewsPage=5


Published: 09:05 Friday 30 June 2006 PAGES: 5
By: Phil Cozens, Stockmarket Correspondent

* Altium Securities reiterates its buy rating for Leadcom and has an add rating and 11.26 target for Northgate......................