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

The growth story is there for all to read, well done Papal, time to get in if not already for those on the sidelines IMHO

Yes steveo, it looks like the time is coming when Leadcom should start to move back to a more accurate rating, and that being 15 times current year forecast at the very least.

Just some comments from AFN posts :

February 30th - 18 Feb'07 - 19:06 - 3743 of 3746
"Confirming the move, Mr Dayanidhi Maran, Union Communication and IT Minister, said while BSNL was capable of handling the crisis arising out of the Court case, it has now placed additional orders with the equipment vendors which had won the contract the previous time. As per the tender conditions, BSNL can give additional orders of up to 20 per cent to the existing vendors without going for a rebid."

Does this mean that BSNL can award contracts of up to 20% of the delayed contract - in other words 20% of 60 million, which is 12 million? If so, could further contracts be awarded, up to another 8 million? Or have I got it wrong? If so, this would take a lot of the immediate pressure off BSNL, and mean that in terms of the legal proceedings, BSNL would fit it easier to hold out.


Sithuk - 18 Feb'07 - 22:21 - 3744 of 3746
Feb: I agree with your understanding that BSNL is going to release $12million for expansion more or less immediately. I'm not sure where you get the additional $8m from?


February 30th - 18 Feb'07 - 22:29 - 3745 of 3746
Sithuk,
I'm talking lines not dollars.
The original contract was for 60 million lines, so 20% of that is 12 million lines. A contract has just been awarded for 4 million lines, so theoretically there could be other contracts, totally another 8 million lines.


PapalPower - 19 Feb'07 - 00:24 - 3746 of 3746
Yes, Feb 30th you are correct, they can now start to release a further 20% (eg 12 million lines) of awards.
Of the original 60m the first 15m were awarded to Alcatel as part of a previous arrangement. The remaining 45m went to tender and are held up as we know in court. Now they can award a further 20% (12m lines of the original 60m).
If you go at 107 $ per line, it means that this 12m lines is worth 1,284 million dollars, and now perhaps I understand where Leadcom got there "minimum 180m$ revenue in 2007 from" given they get a percentage of that, with this 20% extra being the back up should the main 45m lines get held up and fall into late 07/2008/2009. As of end Jan they had over 100m$ for 2007 in the bag, with an outlook of 600m$.

The now historic figures for 2006 will be reported late Feb 2007 (based on 1.96 X rate)

2006 Sales 70.79m
2006 Pre-Tax 8.55m
2006 EPS 4.60p
2006 DPS 0.86p
NAV 21.8p


Current Year 2007 forecasts

2007 Sales 93.75m
2007 Pre-Tax 11.82m
2007 EPS 5.67p
2007 DPS 1.15p
NAV 28.2p


Forward 2008 forecasts

2008 Sales 119.96m
2008 Pre-Tax 15.16m
2008 EPS 7.66p
2008 DPS 2.27p
NAV 36.71p


On Line Limits

Buy 10K at 58.75

Sell 75K @57.5


L2 3 v 1 @57/59 after the last moves up.


Looks like the 75K block buyer is back for more.

With thanks to another, I now have an English copy the Midroog A3 credit rating report for Leadcom from Dec 06. It is very detailed and thorough (as you'd expect), and to get through that with an A3 rating is very impressive.

If anyone wants a copy, then please let me know.

On line limits now :

Buy 7.5K @ 59.63p

Sell 75K @ 58p


L2 is now 5 v 4 @57/60


So you can take it the buyer wants more..........

For those averse to email, I have hopefully put the Midroog Dec 06 A3 rating file as per the Bond Issue on e-snips, and you can download from the link below....

http://www.esnips.com/web/LeadcomInfo

It is very throrough, as you'd expect, and it reads well and ends well for Leadcom to get an A3 rating.

The Unterberg BUY note and 95p target is also in the same folder as the post above.

but who are Unterberg???

A big company.


http://www.unterberg.com/

oh, american tossers ..... should we trust what they say then?

Yes cynic... ;)



From AFN :

rivaldo - 20 Feb'07 - 14:13 - 3783 of 3783

News....interestingly RedKnee are coming to AIM soon aiming to raise 17.5m on a 62m m/cap:

http://www.prnewswire.com/cgi-bin/stories.pl?ACCT=104&STORY=/www/story/02-20-2007/0004530419&EDATE=

"Redknee and Leadcom Offer Latin America Converged Rating and Charging



Agreement Extends Redknee's Flexible Rating and Charging Solutions to
Operators in Latin American Markets

TORONTO, Feb. 20 /PRNewswire/ -- Redknee Inc., a leading provider of
innovative infrastructure software that monetizes and personalizes services
and content for mobile users, today announced Leadcom Integrated Solutions
as its newest reseller in Latin America. Leadcom Integrated Solutions Ltd.
is an international leader in the provision, implementation and management
of telecommunications network deployment services and solutions for global
telecom vendors, operators and major enterprises. Leadcom employs over
1,150 professionals and operates in over 40 countries, with regional
headquarters in the Americas, Europe, Asia and Africa.
Redknee's converged rating and charging system (URCS) is flexible,
highly adaptable and modular, helping operators to differentiate their
voice, messaging, data, and m-commerce services in a continuously evolving
mobile landscape. Redknee URCS complements an operator's existing
infrastructure by integrating prepaid and postpaid services on a single
platform enabling new products and services, personalizing subscriber value
through bundles, group sharing, easy top-ups, group discount plans and
m-commerce capabilities.
"Differentiation is a key driver for our customers' healthy ARPU
statistics. Leadcom is delighted to cooperate with Redknee in offering our
customers innovative solutions to ensure they receive the very best return
on their investment. This partnership brings to the marketplace a winning
combination of a mature and proven solution, implemented with an
unsurpassed commitment to quality and service," said Uri Dotan, General
Manager CALA, Leadcom Integrated Solutions. "The Redknee URCS solution will
enhance our existing infrastructure helping us to better segment our
market, and introduce new service features."
The subscriber-centric approach of Redknee URCS enables operators to
better divide their market and combine the latest services across various
wireless, wireline and cable technologies. By helping operators evolve with
the pace of subscriber demand, users are given an unprecedented level of
personalization by mixing and matching services spanning from voice to
IPTV.
"Redknee has an advanced, easy to manage, real-time platform that
supports pre-paid and postpaid rating, charging and billing for voice,
messaging and data," said Lucas Skoczkowski, CEO at Redknee. "We are
pleased to be working with a turnkey communications group, such as Leadcom,
to efficiently deploy our converged billing solutions in new markets."
This release comes one month after Redknee announced that its solutions
can process 2.4 billion transactions per month through deployments at its
30 operator customers worldwide."

did you sell your SOLA?
smartarse here got out of balance this morning

LOL, there is a note out today from Lemming, a cooling effect saying present price is "toppy" perhaps.........

As is to be expected, they are expanding, and as per the previous profit warning from Motech, when you expand you lose efficiency and increase waste....which hurts your PBT....

Back to LEAD, no worries with the PBT here :) and the valuation is sub x 10 going forward..........

still holding my unintentionally large holding! ...... in fact, having had a good run over the last couple of months, my holding in LEAD is now "norm" or thereabouts

Different write up of the Redknee/Leadcom deal released today.

http://biz.yahoo.com/prnews/070220/sftu082.html?.v=94


Redknee and Leadcom Offer Latin America Converged Rating and Charging

Tuesday February 20, 7:00 am ET

Agreement Extends Redknee's Flexible Rating and Charging Solutions to Operators in Latin American Markets................................

Lively today, has anyone seen anything from India, the BSNL case should have got going again yesterday I think.

PP .... just let sp keep ticking up ..... let the lawyers have their day; they need the money!

So, now its closing time and results tomorrow, I'll go for :

Revenue nicely up last year and continuing the CAGR of around 40% year on year.

Earnings not up, but we know the factors for this, being the secondary placing increasing the shares in issue, and that this year Leadcom must pay 30% tax, compared to half that in 2005. In US cents terms it might come out roughly the same as last year, but not in sterling terms I do think.

EPS figure, I'll go for my conservative estimate above of 3.8p.

Should be at least 100m $ of firm 2007 order book in place, it would be great if they could say 110m to 120m $ already firm for 2007.

Potential order book standing at above 600m $.

Post year end event being the Bond Issue after getting the A3 rating, and cash in bank levels are good at present.

NAV per share increased upwards again.

figures will (i hope) be jolly .... was not aware they were due tomorrow, though looking back, i see they were scheduled for "late February" so close enough