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

Critch, only a single MM move down on L2, had 1 on their own on a 1p higher bid, they dropped and joined the others thats all.

Bit of July weakness, as is normal in the markets, watch LEAD climb back up as August starts, if not before :)

Please do comment on the price in September and December as well ;)

Good news here, financial tender bids were closed on June 12th and results expected "in a few weeks" so anytime July/August.

This is backed up by Leadcom trading update of "imminent" contracts and news from India contracts "as soon as known".

Should not be so long to wait now :)

And the last paragraph shows the potentail for work and contracts in India over the just the coming 4 years. 45million lines is 4.8 billion $, and they want to put in another 300million lines by 2010, thats 32 billion $ worth of contract awards, perhaps one of the reasons why Nokia and Siemens joined hands.


http://www.dnaindia.com/report.asp?NewsID=1035088


Five submit bids for BSNL tender

Nivedita Mookerji
Monday, June 12, 2006 21:50 IST

NEW DELHI: After deferring the deadline of its mega GSM tender several times, telecom PSU Bharat Sanchar Nigam Ltd (BSNL) finally closed the process of accepting technical and commercial bids here on Monday.
Although 18 companies had shown interest in the project and had bought the documents, only five have submitted bids for BSNL's $4.8-billion tender to add 45.5-million GSM lines.
Motorola, Siemens, Nokia, Ericsson and ZTE have submitted their bids, but only two will qualify.
The tender document states that 60% of the contract would go to the lowest bidder and the remaining 40% to the second-lowest.
In all, BSNL is planning to add 60-million GSM lines, out of which 15 million have already been awarded to the ITI-Alcatel joint venture.
Huawei was at the centre of controversy recently when the Chinese vendor along with HFCL had failed to supply equipment to BSNL on time for its CDMA project.
There was a talk of blacklisting Huawei too, but subsequently the government decided against it. Meanwhile, Huawei's application to set up a manufacturing base in india has been pending with the government for over a year now.
One of the clauses in the tender specifies that at least a third of the equipment bid for in the tender must be manufactured in India. This is being seen as communications minister Dayanidhi Maran's objective to develop India as a manufacturing hub in IT and telecom.
Only last week, US-headquartered Motorola announced plans to set up a manufacturing plant near Chennai. Nokia also has a manufacturing set-up near Chennai.
Among other bidders, Ericsson has a manufacturing facility in India, while Siemens and ZTE have announced their plans too.
The technical bids for the BSNL tender have already been opened, but the process of selection based on financial bids will take a few weeks, a BSNL official said. The tender is expected to cater to both 2G and 3G services of BSNL.
At the end of May, India joined the M-5 club when it crossed the 100-million mobile subscriber base.
Other countries with over 100 million subscriber base are China, the US, Japan and Russia.
The total telecom subscriber base in the country is around 145 million now.
Communications minister Dayanidhi Maran set a target of 250 million phone users by the end of 2007 and 500 million by 2010.

4m shares traded after hours yesterday, looks like the seller who was holding it back has been cleared out. Up by two ticks so far today, so lets hope it is so, and we can get a quick recovery in the SP, ahead of last week August interims, and India news whenever it is :)

Leadcom Announces New Win in the Caribbean Islands

11 July 2006

Leadcom Announces New Win in the Caribbean Islands

Leadcom Integrated Solutions Ltd. ("Leadcom" or "the Company"), (AIM: LEAD), an international provider of telecommunications network deployment services, is pleased to announce it has signed an exclusive Letter of Intent with an operator in the Caribbean Islands, to provide turn key solutions, including civil works, installations, commissioning and integration. The value of the agreement is approximately US$ 15 million, for the next 18 months, a third of which is expected to be recognized in 2006.

This is another win for Leadcom in the Caribbean Islands, demonstrating Leadcom's continues successful performance, fuelled by the vast variety of skills and services offered by Leadcom in Latin America, as globally.

According to Mr. Uri Dotan, GM of the CALA Region, this exclusivity agreement is likely to be followed by extensions in both scope and volume.

That's good news, thanks PP, the sp has ticked up a bit as well.
2517

Bit of a Tech Stock recovery on the US markets, a good sign ahead of the Autumn :)

Interims last week of August, so once we get August underway should be plenty of interest. Late August/Sept is the cyclical recovery period of AIM shares, the start of it, and with Tech as well coming back into the interest arena, things look positive for August/Sept and also the final 2 months Nov/Dec.

LEAD presently on a forward PER of just over times 9, and that is without ANY India potential, as the brokers say, anything from India will be an immediate upgrade, and could in total put that forward PER down to under times 5. For a stock that should be on 15 times forward at least, that means there is POTENTIAL for plenty of upside. So sit back and enjoy the Autumn and Winter :) once we get boring July out of the way.

Altium Capital reiterate their Buy rating and 105p target price :

11-Jul-06 Altium Capital Buy 58.50p 105.00p - Reiteration

(This excludes any potential India work, as the broker note says, anything from India is an immediate upgrade to forecasts)

And that target excludes any India potential, as per the write up, extract below, and link is posted before (Altium 2nd July report)


"With regard to India, where Leadcom opened an office earlier in the year, progress has been encouraging and the company is bidding on a number of opportunities, some very significant, and will announce any contract wins in due course. We reiterate that there is nothing in our forecasts for any revenue from India and therefore any contract win would lead to an upgrade."

Interview with Leadcom CEO Ari Alcalay
Chief Executive Officer

Dated July 12, 2006


Listen with Windows Media Player, link below :
http://www.wallstreetreporter.com/interview.php?id=19030&player=wma

Listen with Real Player, link below :
http://www.wallstreetreporter.com/interview.php?id=19030&player=real

So from the Altium report (2nd July) they say forecasts do not take anything from India into account, and any contract wins will be an immediate upgrade.

Arik says in the WSR interview "India will have "some impact on 2006 H2" but MAJOR earnings impact in 2007".

This firms up a bit the "company maker" potential of the Indian deal, some deals that could double 2007 pr EPS, and make LEAD very undervalued going forward, with such high visibility of orders and order book.

Still no official news on the Airtel & Ericsson mega deal in India (the other one) reported in the Indian press (from sources) mid June. Obviously the sources were wrong about "pending" news, and negotiation is still going on.

Press link Airtel ( http://ia.rediff.com/money/2006/jun/15eric.htm )
Press link BSNL ( http://www.dnaindia.com/report.asp?NewsID=1035088 )

The links below help understand the major projects presently being bagged for Ericcson and Nokia, so worth watching for first news on any India deals, Airtel or BSNL. Ericsson rumoured to take on Airtel, with Nokia/Siemens getting the 60% of BSNL.

http://today.reuters.com/stocks/KeyDevelopments.aspx?symbol=ERICb.ST

http://today.reuters.com/stocks/keydevelopments.aspx?ticker=NOK.N

If news is just around the corner, why are people still continuing to sell?

kazik, because you find most private investors sell just before news...........as they do not watch the big picture.

Most recent sells will have been due to mid-East violence, its all small stuff, 1K here, 5K there, 25K here...........small PI's selling.

Time will tell on this one, you can ask the same question on HML, I was buying at 0.7p when others were dumping their loads selling at 0.6p.........and who was right ? Or when I was buying OSH at 9p when people were selling at 8p and the story goes on and on..............not that I am always right, as often wrong ! :)

July 2006 Investors Presentation : Link Click Here (PDF File)

If you want to keep an eye on a summary of infratructure contracts awarded (not full list but gives most of them) to different suppliers (like Nokia, Nortel etc...) then this site is very helpful :

http://www.mobileisgood.com/vendors.html

Spiffing-----down 10% so far on small volume, I don't know but I sure as hell hope it's the MM's trying to lower the price before topping up.
2517

I can't imagine the Israel/Lebanon/Gaza conflicts will do a lot for the PR of the company.

Yes, went down badly on the Israel/Hezbollah situation, but although its battered the price, the company remains the same, still growing etc... just this present ME crisis is making it really cheap to get into high growth profitable Isreali tech stocks.

From the big mid price trades yesterday it would suggest a forced seller or distressed seller was taken out at 48p, thats why the sudden drop down. Pulling back now.