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

indeed .... am happy to do so, though sold some a week or so back at "neutral" as was overweight and wanted some money off the table

I too have held onto these and am now in a (small) paper profit, am leaving these alone, having taken a lot of money out of the market in last two weeks...

Some news :


1/ Idea 500m$ expansion is signed with Nokia.

http://www.thehindubusinessline.com/2007/05/18/stories/2007051805441400.htm

Idea signs $500-m deal with Nokia Siemens

Mumbai May 17 Mobile services operator Idea Cellular Ltd signed a $500-million contract with Nokia Siemens Networks for network expansion here on Thursday.

As per the two-year agreement, Nokia Siemens will expand Idea's GSM, GPRS, EDGE networks to........................


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2/ BSNL contract to be signed in next few days with Nokia / Ericsson.

http://www.thehindubusinessline.com/2007/05/18/stories/2007051805501400.htm

Ericsson, Nokia may bag BSNL contract

New Delhi May 17 Bharat Sanchar Nigam Ltd is likely to award the contract for its mega 45.5-million line GSM cellular project to Ericsson and Nokia at $250 million lower than what the lowest bidder had quoted.

While Ericsson had emerged as the lowest bidder after quoting $107 per line, the final purchase order is likely to be between $100 and $103 per line. Senior BSNL officials said that the evaluation is over and the purchase order will be placed in the next 2-3 days............................

Buyer been more aggresive today, nice to see, the seller is still there, but so is the buyer too :)

New holders, of course, friendly hands, being Israeli instis. :)


Leadcom Integrated Solutions LtdHolding in CompanyMay 30, 2007, Hod Hasharon, Israel - Leadcom Integrated Solutions Ltd.('Leadcom' or 'the Company'), (AIM: LEAD), was notified on 30 May 2007 that Sphera Masterfund LP and Puma-Sphera Masterfund jointly hold 6,633,084 of Leadcom ordinary shares, representing approximately 5.53 per cent of the Company's issued ordinary share capital.
Enquiries:
Yael Margoninsky - Leadcom
Tel: +972 9 769 0011


Leadcom Integrated Solutions Ltd. ('Leadcom' or 'the Company'), (AIM: LEAD), was notified on 30 May 2007 that Rimon ZZ Management (2005) Limited holds 7,150,000 of Leadcom ordinary shares, representing approximately 5.96 per cent of the Company's issued ordinary share capital.

Enquiries:
Yael Margoninsky - Leadcom
Tel: +972 9 769 0011

Potentially looking poised for a breakout, however, its been looking like that for some time.

However, the seller appears to be (visually at least) nearing the end of the line of stock. The buyer is getting more aggresive.

News flow is : anytime now contract news from India : end June/early July earnings enhancing acqusition news : August should be interims.

Therefore, if our seller is finally nearing being sold out, there is a very good chance of a solid break upwards from 63p (which is acting as long term resistance).

DYOR.

Some more India work for Nokia Siemens (sounds like the stuff Leadcom do best)

So Nokia/Siemens has now bagged 574m $ worth of work in a couple of weeks in India, and this is without it being the big BSNL or Reliance tenders...... :)



http://economictimes.indiatimes.com/Nokia_Siemens_bags_Rs_300-crore_Aircel_contract/articleshow/2088026.cms

Nokia Siemens bags Rs 300-crore Aircel contract

TIMES NEWS NETWORK[ THURSDAY, MAY 31, 2007 03:41:20 AM]

NEW DELHI: Nokia Siemens Networks on Wednesday announced that it has bagged a Rs 300-crore network expansion contract from Aircel Cellular (a subsidiary of Malaysias Maxis Group) to build and operate a greenfield GSM network in Kolkata. The contract includes supply of GSM/EDGE equipment, implementation, project management and managed services, such as operating and maintaining the network infrastructure, the company said.

The deal comes within days of the network major bagging a $500-million network expansion contract with Idea Cellular.

The two-year deal with Idea envisages that Nokia Siemens set up GSM, general packet radio service (GPRS) and Enhanced Data Rates for GSM Evolution (EDGE) networks, which will help cellular company to expand its coverage across six circles Delhi, Haryana, Uttar Pradesh (east), Uttar Pradesh (west), Andhra Pradesh and Kerala.

Last year, Nokia had bagged a three-year $400 million network expansion contract from Bharti Airtel. Aircels contract with Nokia Siemens follows its recent allocation of 2G spectrum by the Department of Telecommunications (DoT) to begin services in Kolkata.

Aircel aims to roll out services in Kolkata by the year-end and also plans to make the city its regional headquarters for the eastern region. (Bharti Airtel too has decided to set up its eastern regional telecom hub in Kolkata.)
Commenting on the partnership with Nokia Siemens, Maxis CEO and Aircel director said: Wednesdays announcement is a critical juncture in our network roll-out strategy, as Nokia Siemens Networks have joined the consortium of our prime network partners.

The Kolkata roll-out completes our East/North-East geographic footprint, besides lending us its strategic commercial importance in the region. Nokia Siemens Networks will deploy latest state-ofthe-art equipment like Flexi base stations, mini-ultra base stations, 3GPP-based mobile softswitching solution, including MSC Servers and Media Gateways, the company said in a statement.

The network will be supported by the multi-technology, multi-vendor NetAct network and service management system, and will be ready for commercial operations by December 2007, it added.


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Nokia Siemens wins GSM deal in India

June 1st, 2007 8:41 am

Nokia Siemens Networks said it has won its first contract from the operator Maxis Group, operating under brand name of Aircel, to build and operate a GSM network in Kolkata, India.
In a statement, Nokia Siemens said the deal runs for two years and is valued at some 55 million euros ($74 million).
The contract includes supply of GSM/EDGE equipment, implementation, project management and managed services, such as operating and maintaining the network infrastructure.
Nokia Siemens will deploy Flexi base stations, mini-ultra base stations, a 3GPP-based mobile soft-switching solution including MSC Servers and Media Gateways PDH and SDH.

The network will be ready for commercial operations by December 2007.



(PS... This might be why the buyer has been more aggressive since June 1st, as simply this could mean that (as the system is to be on line prior year end) that this Aircel order, if passed on to Leadcom, means that Leadcom are now guarenteed to pass the 180m $ revenue for 2007, without any contribution from the big BSNL order). DYOR !!!

news re: contract should lift sp

Leadcom Integrated Solutions Ltd


Leadcom Announces New Wins in CEEMEA Region

June 6, 2007, Hod Hasharon, Israel - Leadcom Integrated Solutions Ltd.
('Leadcom' or 'the Company'), (AIM: LEAD), a leading international provider of
innovative telecommunication solutions, is pleased to announce it has been
awarded several new contracts in the Central, Eastern Europe, Middle East,
Africa region (CEEMEA), for an aggregated value of US$21.5 million. The value of
the contracts will be recognized in 2007 and 2008, already building upon
Leadcom's backlog for next year.

All new contracts are with regional operators in East and West Africa, and in
Eastern Europe, who are existing customers of the Company.

Most of the new orders encompass the delivery of turnkey solutions, including
works and services pertaining to deployment and construction of telecom sites.

In addition, Leadcom is delivering the Cell-on-Wheels (CoW), an advanced
solution developed by the Company, which allows the swift and flexible
deployment of temporary networks, thereby enabling operators to record revenues
immediately, even before the completion of deployment of a permanent network.
The CoW can also alleviate excess load on operational networks.

Arik Alcalay, Leadcom's CEO, commented: 'This flow of recurring revenues and
follow up orders from existing customers is evidence to Leadcom's delivery
abilities and professionalism, as well as the strength of our positioning in
this ever-growing market. These orders provide us with further confidence in
meeting and exceeding our ambitious goals for 2007.'

Nice to see the "exceeding" word in there.

delighted for you (and me) that at long last your ramping (sorry; lol!) of LEAD is at last proving have some substance!

Lol cynic, its always had substance, just nobody bothered to look at it. As we stand now there is minimal PI holdings, which is good, as that protects any against any corrections.

lest you missed this RNS (today), extract below ......

Panmure Gordon also reiterated its 89 pence target price on Leadcom, adding that the stock continues to represent very good value relative to its prospects ........ Meanwhile Altium has a 75 pence target price on Leadcom ...... it will revisit its estimates once it gets further revenue visibility, but added that it would be surprised not to be edging them up from current levels.

i got in too PP, because of your posts on here and TIM, thanks. Mind, I got into pele too!!!!!!! :-(, the profits on lead have nearly covered the losses on Pele.

Lol kivver...... :) I know that feeling..............

hmmmmmmmmmm ditto...lol
i also got into CSR at the (wrong) time, this game takes patience, but the worry of the summer sell off remains...

am in CSR (again!) at the moment .... still running at a profit though it has taken a pasting over the last couple of days ..... will stay put i think

Here is a post I put on TMF as a reply, its all IMO, but there you go :



"Well Dave, LEAD is very much in profit for me, and I'll be holding for the future, as it looks very exciting. I put a post on AFN, which I will copy below.

To add on to the post below, for the future, one must not forget than Indian mobile growth will run for 5 to 8 years more (thats excluding Wimax and new developements, just pure line capacity expansion). Whilst Leadcom have said they would look at China once they were happy that the Indian set up was underway, they seem to also be looking further ahead. It is known that Africa is now starting at the bottom of a potential hyperbolic growth in mobile use (as simply its cheaper than installing landline systems). To this end the potential acquisition news late this month or early next month will, if you note, increase Leadcoms coverage in...yes...Africa. I really do see Leadcom continuing to grow for many a year now, they have gone past the critical mass consolidation year, and its back to unadultered growth again, with the capital needs for that covered.

You might be able to run Leadcom as a CQ entry for a few more times in the coming months I feel, perhaps :)

Anyway, here is that post :


"PapalPower - 6 Jun'07 - 01:45 - 5185 of 5237

Gryphon, the fundamentals that are visible, and that the market can work on, do suggest a price in excess of 80p.

The inside track is of course different, if you are prepared to add up a sum of other parts.

Earnings enhancing acquisition, should add a little, however the more interesting thing is if it works well, for if it does it will give the directors the confidence to buy more companies. As from 2008 they will start to generate lots of cash, and this will then give them something to spend it on if we see a row of EPS enhancing acquisitions.

Large deals in India. Whilst a number of smaller deals are being done, the BSNL one is yet to be awarded. Also, there is a larger Reliance order to be worked out. Spending in India on mobile networks in the coming 5 years will be massive.

Talked about TASE listing, this will enable the PI demand there to buy Leadcom stock easily. There is demand, however there is resistance to buy stock from a foreign market, and the demand has suggested a local TASE listing to enable that function. This dual listing will also then enable LEAD to go into ISA's, which then also enables a larger section of UK investment money to buy LEAD.

Full London listing, some historic Israeli companies on AIM have created a bad impression, perhaps confidence is low for the Israeli AIM sector now, due to the past. Therefore, Leadcom should (and are as far as I know) considering a move up to a full listing, to get them off of AIM. With a full listing the market can have greater confidence in the company, and this can be reflected in a higher valuation.

Leverage, as Leadcom grows in size, so their leverage with end users becomes greater, and they can utilise this to promote (on commission or discount purchase or other basis) products from various companies. Hopefully the Redknee and Samsung agreements are the start towards a move into this area in greater depth, as this will help keep margins high.

Wimax, its a technology that will come in in greater amounts as the years pass, and yes, Leadcom do Wimax infrastructure.

The more they grow, the more they perform, the more they will be used. This will put more and more pressure on the smaller operations, family run ones, who as they lose business, will then look to sell up.........and well, back to acquisition strategy potential.

Sterling, the present strength against the dollar was a factor in "dampening" last years figures, only due to the fact of the conversion rate of earnings from cents to pennies. It is widely ackowledged that the mid term outlook for sterling is now very weak, and before too many moons pass Sterling should start out on a voyage to weakness. A return to 1.7 levels in 2008 cannot be ruled out, but this gives a near 15% boost to earnings figures (in sterling terms) for foreign companies.

On the sterling point, you'll notice that Leadcom do not do a "song and dance" routine, they report in US$ and you can convert over on the rate of the day for sterling values if you so wish.

Some other companies you'll note (in a rising sterling trend) will report in their currency, then use a backward average weighted price of their currency to sterling (which is of course much lower than the actual rate at the time the results are published) and then convert at this lower average rate into sterling, and put this manipulated sterling value into their results. There are other things other companies do to try to create the impression of higher earnings levels - however, not with Leadcom. Very much WYSIWYG."

And they pay a divi, although you have 15% Israeli Tax deducted.

Some sector news :

http://www.i4u.com/article9422.html


Indian Mobile Firms add 5.04 mln GSM users in May

Posted on Fri, 8 Jun 2007 08:10:00 CDT | by Luigi Lugmayr

MUMBAI (Reuters) - Indian mobile phone service providers added more than 5 million GSM customers in May, taking the user base to 130.6 million in the world's fastest-growing cellular market, an industry body said on Friday.

The Cellular Operators' Association of India, which represents nine carriers offering wireless services based on the widely prevalent GSM platform, said 5.04 million users signed up in May, compared with 4.13 million in April.

Including the operators that run on the rival CDMA platform, India has been adding more than six million new users every month lured by call rates as low as one U.S. cent a minute.

Bharti Airtel Ltd. , India's top mobile service provider, gained 1.85 million customers in May taking its user base to 40.7 million.

Hutchison Essar Ltd., in which British phone firm Vodafone Plc bought a controlling stake this year, added 1.51 million users in May and boosted its total subscribers to 29.2 million.
The company climbed to the third position, dethroning state-owned Bharat Sanchar Nigam Ltd. which got just 238,553 users in May, taking its user base to 27.99 million.

Reliance Communications , with 30.5 million subscribers, is India's second largest mobile services provider, but a majority of its subscribers are on the CDMA platform.

The company had said on Thursday it added 1.4 million subscribers in May.

Fifth-ranked Idea Cellular gained 703,412 subscribers in May, lifting its total users to 15.3 million

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http://news.monstersandcritics.com/business/news/article_1315453.php/New_Zealand_Telco_to_build_new_mobile_network

New Zealand Telco to build new mobile network

Jun 9, 2007, 8:23 GMT

Wellington - New Zealand's dominant telecommunications company Telecom is to build a new NZ$300 million (US$226 million) high-speed mobile network to improve customer connections with the rest of the world and hold onto corporate customers, according to reports Saturday.

The new 3G network, which should go live by late 2008, would improve broadband speeds, increase customers' capacity to 'roam' or use cellphones around the world, and give customers a greater choice of mobile handsets, Telecom said in a statement.

The New Zealand Herald newspaper noted that fewer than 20 per cent of mobile networks around the world use Telecom's current technology, which reduced customers' roaming options.

Telecommunications analyst Greg Main told the newspaper that Telecom estimated was missing out on revenue from 'roaming' customers that used the rival Vodafone worldwide network. The analyst estimated this foregone revenue at NZ$100 million (US$75 million) a year.