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.

Featured as a BUY in Shares Mag, so its said.

AT Communications Group Plc 14 June 2007

AT Communications Group PLC ('ATC' or 'the Group')

Board Strengthened: Senior appointments underpin growth

The Board of ATC is pleased to announce two senior appointments: Mr Ian Crawley, ACA, (aged 45) has been appointed as Group Finance Director with effect from 17th July, and Andrew Parsliffe, ACA, who acted as Deputy Interim Finance Director, has been appointed Commercial Director with immediate effect. These are key appointments for the Company which will underpin the foundations for the financial management of the Group and its strategy of being a 'one-stop' ICT solutions provider, the success of which is evidenced by recent contract wins.

Mr Crawley has nearly 20 years of senior finance and telecoms experience. His most recent position was with Shell International, where he was responsible for major international M&A and project finance transactions.

Prior to Shell he was Chief Financial Officer at British Telecommunications Plc's BT Openworld division where he played a key role in transforming the business from a loss maker to a profitable UK leading internet service provider.

Earlier in his career he was a Director of Commercial Contracts at BT heading a group responsible for BT's customer and distributor contracts worldwide. Prior to that, he was joint Head of Corporate Finance with responsibility for BT's M&A transactions worldwide.

Mr Crawley was also Group Chief Financial Officer of Interoute Communications Group Ltd, an international telecommunications services provider. He began his career as a commissioned officer in the Parachute Regiment. On leaving the Army he trained as an accountant with Deloitte before embarking upon his career in telecommunications with Cable & Wireless.

At the same time, the Board is pleased to welcome Andrew Parsliffe (aged 52) as Commercial Director. Mr Parsliffe, who holds an MBA from Cranfield, has 30 years of senior finance and commercial experience within multi sector FTSE 100 and 250 companies including Scottish and Southern Energy Plc where he spent seven years as Group Financial Controller. He has played a key role in supporting the Group since his appointment as Deputy Interim Finance Director four months ago and his new remit will capitalise on his extensive experience of growing businesses.

Alex Tupman, AT Communication's Chief Executive, commented:
'I would like to welcome both Ian and Andrew to the Board at a time when AT Communications is rapidly growing its business. With their significant financial and commercial experience they will play key roles as we accelerate our growth and take advantage of the significant market opportunities that exist. Recent contract wins with FADS, Thistle Hotels and a new distribution agreement with Nortel are testimony to the strength of our solutions and services and with our integrated business model in place we can now service customers with five to 50,000+ employees. We have significant in-house ICT expertise, which is totally focused on securing long-term, higher margin, service-based customer and channel contracts. We are poised for growth and I look forward to reporting on further progress in due course'

Market likes the news, good rise.

Now that is some director buy, and a real statement to the market :)


RNS Number:3635Y
AT Communications Group Plc 14 June 2007

AT Communications Group PLC ("ATC" or "the Group")

DEALINGS BY DIRECTOR

The Board of ATC was informed today that Ian Crawley, recently appointed Finance Director, today purchased 1,511,429 Ordinary Shares of 1p each at a price of 38 pence per share which represents 2.28 per cent. of the Issued Ordinary Share Capital of the Company. Mr Crawley held no shares in the Group prior to this purchase.

Alex Tupman, ATC's Chief Executive commented:-

"I welcome Ian's commitment which is a clear message to the market that the ATC management team are focused on driving growth."

RNS Number:4987Y AT Communications Group Plc
18 June 2007

AT Communications Group PLC ("ATC" or "the Group")

Significant Contract Win with Dixons

The Board of ATC is pleased to announce a significant contract win with PC World
Direct, a division of Dixons Stores Group International, which is anticipated to
generate revenues in the region of #2m over the next 12 months.

ATC will advise PC World Direct on achieving the optimal sales mix of telecom
products and will be responsible for product supply, direct branded delivery as
well as marketing and training.

All telecom products will be supported by ATC's inventory management system
which will supply the client with a data feed providing instant product pricing
and stock information.

The contract, secured via the Group's Rocom division, is for an initial 12
months.

Alex Tupman ATC's CEO commented:

"I am delighted with this contract as it highlights the strength of our sector
expertise, products and services all of which will play key roles as we
accelerate the growth of our business."

DS comment this morning :


AT Communications - BUY Price: 44p Target price: 70p Code: ATCG.L

New contract win ~ PC World

AT Communications Group has announced a contract with PC World Direct (part of Dixons Stores Group International) worth 2.0m for an initial 12 months, to advise on sales mix of telecom products, product supply, direct branded delivery, marketing and training.

All PCWD's telecom products will be supported by ATC's inventory management system which will supply the client with a data feed providing instant product pricing and stock information.

ATC has now redressed many of the issues of 2006, with the rationale for its acquisition of Rocom now bearing fruit. We expect further contract wins engendered by the opportunities created through the acquisition and the all-important crossover to ATCs two other divisions. In addition, the appointment of a new Financial Director, Ian Crawley, concludes a period of uncertainty. He joins effective July 17th. In his most recent role he was responsible for major international M&A and project finance transactions.

ATC remains excellent value at PE 6.x, EV/EBITDA 5.4x. BUY.

http://www.investegate.co.uk/Article.aspx?id=200707090700438498Z

AT Communications Group Plc 09 July 2007

AT Communications Group PLC ('ATC' or 'the Group')

Significant Contract Win with BT


The Board of ATC is pleased to announce that, in addition to its recently
extended six year contract with BT to support a wide range of Traditional and IPTelephony systems, it will now include the supply of the Mitel 3300 ICP and
SX-2000 range of products.

This is a significant announcement for the Group as it is now combining its
traditional support role via the Group's Servassure division with complementary
product supply to BT via the Group's Rocom division. The inclusion of the Mitel
product line together with associated support services is expected to generate
revenues in the region of 9m to the Group over the next three years.

ATC is an existing Mitel premier partner, the top tier of Mitel's channel
partner programme, and the Group will now provide BT with comprehensive Mitel
product supply and support enabling it to meet the demands of its customers who
require IP Telephony and associated applications. In addition, ATC will supply
BT with Mitel sales support, sales consultancy and customer help lines as well
as engineering support and product training.

Alex Tupman, CEO of ATC, commented:

'This contract represents a strategic development for ATC, which is now
supplying BT with products in addition to our established support service role.
As a result, we expect good growth in product revenues going forward. Mitel
recognise the value of the Group's end-to-end support capabilities to BT's
business customers. We have tremendous traction in our core market as indicated
by recent contract wins and we continue to consolidate our position as a leading telecom solutions provider to UK based businesses'.

Shaping up well for a good year.

DS comment this morning :

AT Communications - BUY Price: 44.5p Target price: 70p Code: ATCG.L Analyst:

Mike Jeremy | 020 7776 6570

ATC Group announces BT contract win

ATC Group has announced that it will supply a range of Mitel IP-based exchange equipment to BT Group, augmenting its current support role (via Servassure) with product supply via the Rocom division. It expects the BT contract to generate additional revenues of some 9m over the next three years.
For ATC this is a further example of the rationale for the acquisition of Rocom, following its agreement with Dixons to supply the full range of telephony products, and the cross-selling strategy that underpins the reorganisation, early in 2006, into three client-facing operations.

ATC remains compelling value at 6.7x FY07(DSC E) PE.

Nice write up from Colin at TMF on ATCG :

http://boards.fool.co.uk/Message.asp?mid=10615068


.

Excellent, that gets debt down and sorts a few things out. Nice to the new FD wade in with more big purchases, he appears to like what he sees then


http://www.investegate.co.uk/Article.aspx?id=200707130700411879A

RNS Number:1879A AT Communications Group Plc

13 July 2007

AT Communications Group plc

Placing to support accelerating growth Trading Update

AT Communications Group plc (AIM: ATCG, "ATC"), the business-to-business communications group, is pleased to announce that 10,638,298 ordinary shares of 1p each ("Shares"), have been conditionally placed at a price of 47 pence per ordinary share, raising gross proceeds of #5 million, (the "Placing").

The proceeds of the Placing will be used to reduce indebtedness in line with strategy and for working capital to fund the growth of the business.

As part of the Placing, Ian Crawley, who will become the Group Finance Director on 17 July 2007 as announced, has purchased 851,064 Shares, increasing his total holding to 2,362,493 Shares or 3.07 per cent. of the total Shares in issue following the Placing.

Admission to AIM of the Shares is expected to take place on 7 August 2007 and is conditional upon approval by shareholders at an EGM to authorise directors inter alia to disapply pre-emption rights which has been convened for 6 August 2007.

ATC Directors in addition to Ian Crawley represent 24.34 per cent. of the Issued Share Capital of the Company and will vote in favour of the resolutions at the EGM.

The Company's recent strategy built on the twin platforms of IP-based telephony and cross selling through its three divisions has been very successful. A good new business pipeline is beginning to build for the second half and prospects for the year as a whole look very encouraging.

Interim results for the six months ended 30th June 2007 are expected in September at which juncture shareholders will be updated on ATC's further progress.

Daniel Stewart comment this morning :

AT Communications - BUY Price: 48.5p Target price: 70p Code: ATCG.L Analyst: Mike Jeremy | 020 7776 6570

Debt addressed

AT Communications has raised (gross) 5m through the placement of 10.638m shares conditionally placed at 47p, with proceeds allocated towards debt reduction and for working capital to fund growth.
Ian Crawley (Group Finance Director from July 17) purchased 851,064 shares
Post issue the key ratio is net debt / EBITDA, which should decline to 0.98x by the year-end, creating conditions for reduced interest costs and for the flow-through from top-line contract wins (the most recent being the BT 9m Mitel contract) to EPS. We estimate 18% EPS growth 07-09.

AT Comms trades on an extremely attractive 7.2x FY07 PE, 6.0x 08 (post-issue calculation). Buy.

Colin covers ATCG in the "The Week That Was" post this week on TMF

Link to the post is : http://boards.fool.co.uk/Message.asp?mid=10621144


Extract of the part on ATCG is below ;


"....................Placing of the week take two

AT Communications Group plc (ATCG) announced on Friday 10,638,298 ordinary shares of 1p each ('Shares'), have been conditionally placed at a price of 47p per ordinary share, raising gross proceeds of 5m, (the 'Placing').

The proceeds of the Placing will be used to reduce indebtedness in line with strategy and for working capital to fund the growth of the business.

http://www.investegate.co.uk/Article.aspx?id=200707130700411879A

The new FD is keen, Ian Crawley, who will become the Group Finance Director on 17 July 2007 as announced, has purchased 851,064 Shares, increasing his total holding to 2,362,493 Shares or 3.07% of the total Shares in issue following the Placing.

ATCG also announced a trading update: The Company's recent strategy built on the twin platforms of IP-based telephony and cross selling through its three divisions has been very successful. A good new business pipeline is beginning to build for the second half and prospects for the year as a whole look very encouraging.

Placing was at a shade below the opening price, the market thought the placing was a 'good thing', ATCG's SP ticked up 7% on the day.

The SP finished the week at 52p.

Contract of the week

Busy week for ATCG on Monday a significant contract was announced:

The Board of ATC is pleased to announce that, in addition to its recently extended six year contract with BT to support a wide range of Traditional and IP Telephony systems, it will now include the supply of the Mitel 3300 ICP and SX-2000 range of products.

http://www.investegate.co.uk/Article.aspx?id=200707090700438498Z

I have written about ATCG earlier this week:

http://boards.fool.co.uk/Message.asp?mid=10615068

For the avoidance of doubt, the phrase The inclusion of the Mitel product line together with associated support services is expected to generate revenues in the region of 9m to the Group over the next three years means an additional 9m of revenue over the next three years..............."

Bought into these on Monday, looks undervalued on forecast EPS however upbeat noises about additional deals and growth due to cross-selling, heavy director buying and placing at 47p to reduce debt and provide working capital all gave me confidence to buy some. May buy more if there is any weakness.

Good idea Andy!!!

Profit-taking and last weeks general market sell-off means that in a loss now but hey, it has today triggered my buy order and have added at a price I thought I'd missed. Nothing has changed with this company in one week, still under-valued on forward earnings, good growth and if FD can spend amost 1m of his own dosh including 400k in the placing at 47p then that is good vote of confidence.

More good news :)

http://www.investegate.co.uk/Article.aspx?id=200708020700393671B

AT Communications Group Plc 02 August 2007

AIM: ATCG

AT Communications Group PLC ('ATC' or 'the Group')
http:// www.atcommunications.co.uk

Marks & Spencer plc (M&S) Contract Win

The Board of ATC is pleased to announce that the Group is supplying M&S with a
range of Freeplay environmentally friendly electrical products, which will be
launched at the end of August. This contract was secured via the Group's Rocom
division and is expected to generate revenues in excess of 1m per annum. The
product range will be branded Freeplay and will be in M&S packaging.

Freeplay Energy plc is the original and leading global brand of clean,
dependable energy products. Freeplay Energy's patented technology harnesses
human, solar and rechargeable energy and converts it into electricity to power
unique portable, consumer products replacing conventional disposable
battery-powered systems that are environmentally toxic and expensive.

The current product range includes mobile phone chargers, radios, torches,
lanterns, and standalone foot powered generators. Freeplay Energy's Lifeline
radio is distributed throughout the developing world by the Freeplay Foundation
(www.freeplayfoundation.org) as well as by aid and humanitarian organisations
such as Unicef and other United Nations agencies.


Alex Tupman, CEO, commented:

'We are pleased to announce this contract win with M&S as it further
demonstrates the Group's combined strength as being able to sell to and supply
major high street brands. This follows on from our recent contract with Dixons
Stores Group International.'

Daniel Stewart comment :


AT Communications - BUY
Price: 47p Target price: 70p Code: ATCG.L Analyst: Mike Jeremy | 020 7776 6570

New Contract Win

Following the recent news of a 5 million placing to reduce debt, AT Communications has this morning announced a new contract win to provide M&S with a range of environmentally friendly electrical products through its Rocom division.

The win demonstrates the Group's continuing ability to sell to recognised high street brands, having recently won a contract with Dixons.
The stock now trades on a PER of 7.1x, falling to 5.6x.

We recommend buying up to 70p, 48% upside.

Post from AFN :

Stegrego - 6 Aug'07 - 22:00 - 479 of 490

Given 'Share of the Month' in Hargreaves Lansdown Penny Share Prophet

After a period of acquisition and reorganisation
ATCGs prospects have never looked better in our opinion.
The shares, however, are currently priced on 7.6 times estimated earnings for 2007, falling to 6.0 times if forecasts for 2008 are achieved and we think that the shares look cheap at current levels.
The company is one of the UKs largest independent business communications groups, providing a comprehensive portfolio
of voice, data, mobile and video solutions, specialising in Information Processing (IP) technology. It focuses on small to medium enterprises (50 to 5,000 employees) and operates through three divisions:

ATC Solutions, which deals direct with end users, mainly towards the higher end of medium in size;
Servassure Strategy, which has a Broad Network and Engineering Services portfolio and its services are packaged
for resale, distribution or wholesale consumption;
Rocom Strategy, with a primary focus on volume channels.
Since coming to AIM in 2005 there have been four acquisitions, Rocom Strategy being the most significant. It added 30,000 customers and effectively transformed the group.
The significance of this was demonstrated by the announcement on 09/07/07 that the major ongoing contract with BT has been expanded to include the supply and maintenance of Mitel and SX2000 products, strategic development bringing together products and support functions.
2006 was a year of progress with the formalising
of the operational structure and the announcement of pre-tax profits of 2.8m compared with a previous loss of 22,000.
Earnings per share were 7.12p and a maiden dividend of 1p net was declared. Acquisitions and strong organic growth pushed turnover up from 15.1m to 54.1m. Operating profits
more than trebled from 5.7m to 18.8m.
The group is now focusing on the fast growing IP sectors of the market.
Acquisitions have increased the breadth of coverage and its in-house expertise means that it can attract more lucrative contracts and further acquisitions are likely. The market
consensus is that pre-tax profits for the year to 31/12/07 could emerge at around 6.3m and in 2008 at 7.8m. Consider as a buy.
(A T Communications is quoted on the higher risk Alternative Investment Market. We met with the management on 26/06/07).

A good write up from Colin who attended the EGM :

http://boards.fool.co.uk/Message.asp?mid=10653137


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