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

Leadcom Announces New Win in the MEA Region

Leadcom Integrated Solutions Ltd. ('Leadcom' or 'the Company', (LSE:LEAD), a
leading international provider of innovative telecommunication solutions, is
pleased to announce it has been awarded a significant project in Israel. The
value of the project is approximately US$12 million dollars, and will be
recognized in 2008 and 2009, building upon Leadcom's backlog for next year.

The scope of work rendered will include planning, deployment, integration and
maintenance of data networks. This new contract is with an existing customer of
the Company.

Management expects this project to grow in scope and value.

half year report out, obviously the market was looking for more...

outlook for second half very good though

i don't think LEAD will ever become a rocket, but it is not unreasonable to expect sp to continue to grow steadily, even if rather boringly

All is fine in my book. The results are weighted quite heavily to H2 (expecially with the acquisition) and should level out on margins by full year. Its the nature of the beast, you have excellent visibility, however within years you get lumpy income.

Note we are now going to quaterly reporting.

Nice to see the cash generation this time around.

http://www.investegate.co.uk/Article.aspx?id=20070809070500Z9242

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And a new contract win thrown in as well :


http://www.investegate.co.uk/Article.aspx?id=20070809070000Z9246

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As Leadcom, as announced today, now report quarterly, for a shorter term trade, I would suggest Q3 results are going to be very nice, and so will take some extra short term positions going into them, to ride alongside the long term holding.

Estimate, Q3 will be around 61m US$, giving a single quarter which should "nearly" equal the past half year in terms of profit and earnings.

Q4 being around 80m US$ and of course, being better than Q3 ;)

Trades look as though a large holding was being sold for the profit by the big boys, probably to satisfy quarterly targets 20% return in 3 mnths isn't bad really, likely to see buying back in and lots of it whenever their quarter end is.

I agree papal, could be another good time to do short-med term trading. Personally a little surprised sp didn't at least hold on the outlook. Thats the market for you.

i sold a slice several weeks ago but reckon i shall buy back today even if at more than the price i sold at (don't care!) ...... have already taken other money off the table this morning as markets look to be heading south at least today

Post from AFN, self explanatory :

"babysitter - 9 Aug'07 - 13:30 - 5986 of 5988

>>NJP

as a fellow poster on MW i am happy to put your mind at rest.

just back from tel aviv analyst meeting.

margins in H2 will compensate for drop in H1 to run in line with annual trend.

at least $140m confirmed for 2nd half, terminology of approx. in release due to NOMAD.

lots more interesting and positive info gathered but the kids want to surf, so off to the beach.

will be happy to clarify points after webcast and beach.

my target is 4.5 eps for H2.

holding tight as directors comfortable with 2008 forecast of $320-330m.

oh, and guess where is the next massive market? "

bought this morning at 65.75 to take my holding back up to 100% of norm

Webcast of todays results briefing is now available, link below :

http://viavid.net/player/dcem.aspx?sid=000042BF


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New Investor Presentation is available :

http://www.leadcom-is.com/siteImages/IR_H1_2007_August_07.pdf


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Latest update from http://www.armshare.com

And at the present price, we are now sub times 10 PER for current year, and nearing sub times 6 for forward (2008)


......................A June update reported that several new contracts with an aggregate value of $21.5 million have been awarded in the Central, Eastern Europe, Middle East, Africa region - the value will be recognised in 2007 and 2008; a new development is Cell-on-Wheels (CoW), which allows the swift deployment of temporary networks, thereby enabling operators to record revenues immediately, even before the completion of a permanent network - CoW can also alleviate excess load on operational networks.

Later in June, a definitive agreement was entered into to acquire Ytelcom SAS for an initial cash consideration of $15 million, together with deferred cosideration estimated to be c.$3 million based on the 2007 results - the funding will be from existing resources. Founded in 1967, Ytelcom provides similar services to Leadcom's in French-speaking countries in West Africa (mostly where Leadcom lacks a presence). In the year to December 2006, Ytelcom achieved sales of 44.2 million and operating profit of 4.7 million. The acquisition was completed in August.

The June update re the interim results to June 2007 reported that they are expected to show sales of $83 million (2006: $62 million) at margins similar to those achieved in 2006; including Ytelcom, the 2007 revenue target is being raised to $225 million (see final results to December 2006).

An August update reported that a contract in Israel worth c.$12 million has been won for delivery in 2008 and 2009.

The interim results to June 2007 showed sales of $84.6 million (2006: $61.8 million), pre-tax profit of $7.4 million (2006: $5.7 million) and adjusted EPS of 4.1c (2006: 3.8c). The company reported that gross margin was 27.7% (2006: 28.5%) - the fall was partly due to geographic sales mix; full year sales are expected to be c.$225 million.


Research Standing

We said "Analyis is more easily practiced on operators nearer home." Despite this Little Englander stance, this company's performance commands attention.

The company broker's note dated 3rd August projects EPS of 12.59c for 2007 and 18.29c for 2008 representing P/Es of 10.0 and 6.9 respectively based on the share price of 62.5p at 10th August and =$2.022.

good politician's stance ..... actually does not recommend buy or hold (one presumes not sell!), let alone give a target price

seriously punished today, good to see it recovering a bit. Someone has unwound a big position. Wish I had the ability to buy at this price, but overweight already.

It was interesting in the Webcast the talk of "Indonesia invitation".......from one of their core customers.

Wonder if its anything to do with this ;


http://www.kauppalehti.fi/4/i/eng/releases/press_release.jsp?selected=other&oid=20070801/11863913076360〈=EN

ERICSSON: Ericsson awarded network expansion contract by XL in Indonesia

Monday 06 August 2007 12:08 EEST Kauppalehti Online

PRESS RELEASE 6.8.2007

Ericsson

Ericsson awarded network expansion contract by XL in Indonesia

Ericsson (NASDAQ:ERIC) has been awarded an expansion contract by PT
Excelcomindo Pratama Tbk (XL) to expand its GSM/GPRS and WCDMA/HSPA
in the country.

Under the three-and-a-half-year frame agreement, Ericsson will supply
both best-in-class 2G and 3G radio access network and MINI-LINK
transmission equipment, as well as deployment of its proven Mobile
Softswitch Solution. This is a step forward for XL in the evolution
to an all-IP network, which is necessary to support the rapid growth
and cost-efficiency of network capacity and coverage.

Ericsson will also supply the network deployment and integration, as
well as network and technology consulting, such as network
performance improvement, network capacity and design, among other
services.

This network expansion will extend XL's footprint and enable it to
address the ever-increasing need for mobile communications and
broadband services in Indonesia.

Ericsson supported XL in its first introduction of 3G technology and
services to Indonesia. This new agreement strengthens its position as
a reliable partner for further expansion.

Hasnul Suhaimi, President Director of XL, says: "High-quality network
coverage, bandwidth capacity, innovative products and services are
key to our long-term growth and sustainability. We have selected
Ericsson because we need a partner who can support us in fulfilling
these requirements."

Bengt Thornberg, President, Ericsson Indonesia, says: "Ericsson has a
longstanding relationship with XL and this major contract
demonstrates the trust and commitment between the two companies. It
showcases Ericsson Indonesia's capability to support our customers in
all product areas - as well as services - in this high-growth
market."

Ericsson's relationship with XL began in 1996 when it was first
awarded the contract for GSM 900 in Jakarta and surrounding areas,
followed by an expansion of the network to the rest of Java, Bali,
and Lombok.

Ericsson is shaping the future of Mobile and Broadband Internet
communication through its continuous technology leadership. Providing
innovative solutions in more than 140 countries, Ericsson is helping
to create the most powerful communication companies in the world.

Read more at http://www.ericsson.com

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Of course, it could be fulfilled by some of the 500 Ytel employees.......as its best for Israeli's not to travel to Indonesia....for obvious reasons.

Which is why the Ytelcom acquisition has opened many new doorways for Leadcom, like this big new Ericsson deal in Indonesia perhaps ;) All very interesting !!

Mentioned in Colins TW3 post on TMF :

http://boards.fool.co.uk/Message.asp?mid=10660378


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14/08/07

Leadcom Integrated Solutions Ltd

Leadcom Announces Significant Win in the APAC Region

Hod Hasharon, Israel, August 14, 2007, Leadcom Integrated Solutions Ltd.
('Leadcom' or 'the Company', AIM: LEAD), a leading international provider of
innovative telecommunication solutions, is pleased to announce it has concluded
a five-year frame agreement with a new customer of the Company, a major cellular operator in India.

This new contract encompasses the delivery of works in a Full Turnkey model,
providing both products and services pertaining to construction of telecom sites in various areas of India.

The value of the order, received by the Company for the first lot of sites under the Agreement, is approximately US$9 million, and is to be recognized in 2007.

Under an agreement, yet to be finalized, Leadcom will also provide long-term
operation and maintenance services under an Annual Maintenance Contract.

Management believes this agreement to be of great potential and to serve as one
of the building blocks of its future performance in India. Management expects to announce further purchase orders relating to this frame agreement in due course.

-0-

The nice bit is of course not only its a 5 year agreement, with year 1 (well in fact just 4.5 months of year 1 being worth 9m US$ BUT

News flow......... "Management believes this agreement to be of great potential and to serve as one of the building blocks of its future performance in India. Management expects to announce further purchase orders relating to this frame agreement in due course."

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It will be interesting to find out who this is. Its obviously not the BSNL or Bharti Aritel orders.......as this is sub work by Ericsson / Nokia (and BSNL is not agreed as yet).

Its a new customer, so must be direct with the telecoms company. An interesting development, who is it ???

Excellent write up on Leadcom on TMF :

http://boards.fool.co.uk/Message.asp?mid=10665418

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