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

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

*****************************************

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."

*******************************

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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http://www.newratings.com/analyst_news/article_1593596.html

"Leadcom Integrated Solutions "buy"

Wednesday, August 15, 2007 1:22:18 PM ET

Panmure Gordon & Co

LONDON, August 15 (newratings.com) - Analyst Nick James of Panmure Gordon & Co maintains his "buy" rating on Leadcom Integrated Solutions (ticker: LMM). The target price is set to 110p.

In a research note published this morning, the analyst mentions that the company has won a new APAC contract with a tier-1 cellular operator in India. An initial purchase order valued at $9 million is likely to get recognized as revenues in FY07, the analyst says. The scale of revenue opportunity from the contract appears large as well as significant, Panmure Gordon & Co adds. "

That's an increase in the target price PP, by the way an excellent read (post 775) thanks.
2517

Leadcom Integrated Solutions Ltd Director Dealing

August 17, 2007, Hod Hasharon, Israel -

Leadcom Integrated Solutions Ltd.('Leadcom' or 'the Company', AIM: LEAD), a leading international provider of innovative telecommunication solutions, announces that it was informed today that Stewart Millman, Chairman and non-Executive Director of Leadcom, today purchased 60,000 ordinary shares of Leadcom at 0.61 per share. Mr. Millman now holds 160,000 shares, representing 0.13% of the Company's issued share capital.

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

Lovely, more India worked being awarded, this time Vodaphone and 1.8 billion dollars worth. And its very good news imv that NSN is getting the majority of the BTS and BSC stuff, now ain't that what Leadcom does best...... ;)



http://economictimes.indiatimes.com/News/News_By_Industry/Vodafone_to_award_18_bn_deal_to_3_firms/articleshow/2289835.cms


Vodafone to award $1.8 bn deal to 3 firms

18 Aug, 2007, 0314 hrs IST,Kalyan Parbat & Joji Thomas Philip, TNN

KOLKATA/NEW DELHI: After assuming the reins at the erstwhile Hutch-Essar, UKs Vodafone Group - the worlds largest mobile services company - is set to award one of Indias largest network expansion contracts estimated to be worth about $1.8 billion jointly to three equipment vendors - Nokia-Siemens Networks, Ericsson and Motorola.

Vodafone Essar currently offers mobile services in 16 of the 23 telecom circles in the country. Sources close to the development told ET that the contract would be discussed at Vodafone Essars next board meeting in September, the date for which is yet to be finalised.

According to sources, Nokia Siemens Networks is likely to be the principal supplier of network electronics like base tower stations (BTS), base station controllers (BSC) and transcoders in 12 out of Vodafone Essars 16 existing circles. Motorola, in turn is slated to supply BTSs, BSCs and transcoders in the companys Delhi, Mumbai, Kolkata and Punjab circles. As for mobile switching centres (MSC), Nokia Siemens will supply to almost all existing Vodafone Essar circles, with the exception of Mumbai metro circle where the MSCs will be supplied by Swedens Ericsson.

Vodafone offers second-generation cellular services in all the 16 circles. It operates in the 900 MHz band in 12 circles and 1,800 MHz band in the remaining ones.

When contacted, all three vendors neither confirmed nor denied the development. An Ericsson spokesperson said, We really cannot comment. Nokia Siemens Networks, in a reply to ETs queries, said: We cannot comment at this stage. Similarly, Motorola in a written reply, said: As per policy, we do not comment on speculation.

While it could not be independently confirmed, ET has also learnt that Vodafone Essar has also identified locations for setting up mobile towers in some of the new circles (Orissa, Bihar, Assam and North-East) where unified access service licences are held through its wholly-owned subsidiary Vodafone Essar Spacetel. But since these would be greenfield cellular rollouts, all decisions on equipment suppliers would be taken only after Vodafone Essar Spacetel receives spectrum from the department of telecom (DoT).

Eight months have elapsed since DoT issued licences for the Spacetel circles, but it is yet to consider Vodafone Essars application for 4.4 MHz spectrum in each of the circles.

This network deal apart, both Nokia Siemens and Ericsson have bagged a series of major equipment contracts in India over the last couple of months. For instance, Nokia Siemens had recently bagged a $900-million network outsourcing contract from Bharti Airtel.

Just prior to that, the company was awarded the contract to upgrade the broadband network of state-owned Bharat Sanchar Nigam (BSNL). It has also received a Rs 300-crore network expansion contract from Aircel Cellular to build and operate a greenfield GSM network in Kolkata in addition to bagging a $500-million two-year network expansion contract with Idea Cellular.

Similarly, Ericsson, which recently bagged a $2-billion network outsourcing contract from Bharti Airtel, is also close to inking a $1-billion plus deal with BSNL for both 2G and 3G lines. The Bharti deal was its fourth major outsourcing deal with Ericsson in as many years.

thanks to PP i am a fan of this stock though it is no rocket ..... in fact, it was just that that presuaded me to cash in my profits here yesterday morning when all was uncertain at best ...... i shall be back in even if it costs me the odd copper

Should anyone wish to read the latest (August) broker updates, please drop me an email to my user name and then @hotmail.com

Leadcom has a subsidiary in Uganda and also work with Alcatel-Lucent, so this news might lead to something, or it may not.

Two contracts for Alcatel-Lucent in Uganda announced late last week, and both needing a quick rollout (in time for the November Summit of Head of States of the Commonwealth meeting) :


Link 1 Click Here

Paris, August 23, 2007 - Alcatel-Lucent (Euronext Paris and NYSE: ALU) today announced it has signed a contract with Uganda Telecom Ltd for the extension of its GSM/EDGE mobile network and for the deployment of the first third-generation UMTS/HSPA network in Uganda, one of the first such deployments in the East Africa region.
The enhanced network will enable Uganda Telecom to expand....................

AND

Link 2 Click Here

Paris, August 23, 2007 - Alcatel-Lucent (Euronext Paris and NYSE: ALU) today announced it has signed a USD100 million contract with Hits Telecom Uganda, a new regional operator, to deploy a new mobile network based on GSM technology. The contract also calls for Alcatel-Lucent to provide a full suite of managed services.
The turnkey network Alcatel-Lucent is deploying will enable Hits Telecom Uganda to introduce.......................

First official media quotes of the pending TASE listing (should be a full London listing in March/April - so therefore off of AIM and then soon after the TASE dual listing).

http://www.globes.co.il/serveen/globes/docview.asp?did=1000243472&fid=942

".....................Leadcom CEO Arik Alcalay said, We believe that this contract has substantial potential for the company, and will serve as a building block for business in India. Under this contract, Leadcom will provide long-term operating and maintenance services under an annual maintenance contract. Last week, he said that he was considering dual-listing the company on the Tel Aviv Stock Exchange (TASE). ........................"