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

Good post PP, back in these this morning at 46.5p, time will tell if that was a good move, but i would consider as always, that the market has over-reacted somewhat...

O.k. should i be putting a stop in place...?!

Results on tuesday 6th now.
2517

Rightly or wrongly I've bought in @ 42p, seems wrongly atm.
2517

Catching a falling knife?

got to admit, i (obviously) thought it would bounce this morning, and although only buying a (smallish) slice, i'm considering buying some more at under 40p to make a relative holding...

Still dropping at 40p...time to get out for me.

Morning all, I have a holdiong of these which is niow sitting at a loss. Someone seems to be dumping a load of stock at 40p according to L2, so will need them out of the way before any headway can be made. 60k then 150k, now 63k, see what happens soon. Will try to keep you posted

Another 100k at 40p

Evening out a bit now

Altium and Panmure's significant downgrades will weigh heavily on sp for some time to come i fear, let alone in a bad market

Still having 100k regularly dumped.

Bad comments from Investor's Champion on LEAD on August 9th have turned out to be true.

Hyleo - from what I hear Investors Champion made comments on Debtor days and Cash (is that true?) - if they are now claiming thats true - then I fail to see how. The company have said clearly that cash is perfectly to forecast and that means no issue with debtor days. The issue is clearly defined as the US$ impact and also the Israeli CPI jump. So for anyone to make claims seems quite hilarious - did they really predict dollar impact and Israeli CPI figure jump ? or not.......... ;)

The answer I am hoping for on Tuesday during the webcast is that there is so much going on that Leadcom no longer need to be involved with low margin revenues any more. As I say revenue is vanity, profit is sanity. They are therefore adjusting themselves out of work where the margin is not acceptable and concentrating on the bigger and better opportunities ahead. We still have more to hear about this Indian contract direct with an operator ( as per the RNS on 12th Jan http://www.investegate.co.uk/Article.aspx?id=20070112125000Z6830 ) and the bias towards operator over vendor was emphaised in the last contract wins RNS where they specifically said all the contracts won were with operators (not vendors) as per 6th June RNS http://www.investegate.co.uk/Article.aspx?id=20070606070000Z4983

In the trading statement we all know so well now, Arik did say at the end "'We have taken decisive action to exit operations that do not offer an attractive return. This goes in line with our set strategic goals, to shift revenues toward operators, leading to overall growth and profitability. We are encouraged with the strong trading in remainder of the group. Looking forward to 2008, we anticipate continued strong growth whilst at least maintaining our normal standards of profitability.'

So emphasing the shift towards operators, and promising that in 2008 the MINIMUM we can expect is the same levels as past in terms of profitability and thus margin levels.


Anyway, roll on Tuesday. And this from Africa, more detail on the big spend in the coming years which has confirmed the correct decision of Leadcom to buy Ytel and their exposure to Africa.

http://allafrica.com/stories/200711020806.html

Africa: Mobile Operators to Invest Billions of Dollars

Highway Africa News Agency (Grahamstown)

2 November 2007 Posted to the web 2 November 2007
David Kezio-Musoke

Mobile operators MTN, Vodacom, Celtel and Orange are among the mobile operators planning to invest a tune of US$50 billion in the expansion and enhancement of their networks.

The GSM Association (GSMA) announced at the 'Connect Africa' summit held in Kigali, Rwanda that the mobile industry plans to invest heavily in sub-Saharan Africa over the next five years to provide more than 90 percent of the population with mobile coverage.

The GSM Association is the global trade association representing more than 700 GSM mobile phone operators across 218 countries and territories of the world.

Tanzania's Vodacom and MTN who operate in Uganda and Rwanda are GSMA subscribers. Celtel a subsidiary of the Kuwait based Zain Group also connects three of the East Africa countries to the GSMA.

With a primary goal to ensure mobile phones and wireless services work
globally and are easily accessible, the association's members serve more than two billion customers, 82 percent of the world's mobile phone users.

Tom Phillips the Chief Government and Regulatory Affairs Officer of the GSMA told High Way Africa News Agency (HANA) at the summit that, the GSMA projects have an increase of 10 percentage points in mobile penetration and that it would increase the annual growth rate of GDP by up to 1.2 percentage points.

There are more than 150 million mobile subscribers in sub-Saharan Africa today.

However, a further 350 million people have mobile coverage and are not yet directly connected.

It is against this background that the sub-Saharan mobile industry players are focused on using its economies of scale to connect these people. As the number of users grow, so too will economic prosperity.

In a related statement released at the summit the GSMA says the investment will be used to extend the reach of GSM mobile networks, enhanced with third generation (3G) technologies like GPRS, EDGE and HSPA, to provide a rich suite of mobile multimedia services, including Internet access.

Since sub-Saharan governments began liberalising their telecommunications sectors at the turn of the new millennium, the GSMA estimates that the mobile industry has invested $35 billion, providing more than 500 million people (67% of the population) in sub-Saharan Africa with mobile coverage.

"This surge in investment by the mobile industry has changed the lives of millions of Africans, catalysing economic development and strengthening social ties," said Rob Conway, CEO of the GSMA.

"We have the passion and dedication to provide Africa with a world class infrastructure," said MTN Group President and CEO Phuthuma Nhleko.

?We are proud to be a leading "nvestor in Africa, bringing world-class services to our customers on the continent through our Celtel subsidiary," added Dr. Saad Al Barrak, CEO of the Zain Group.

Alan Knott-Craig, CEO of Vodacom Group, said, "We are proud of our investment in Africa, and we will continue to focus on our customers and the development of products and services that benefit them."

The GSMA estimates that an increase of 10 percentage points in mobile penetration can increase the annual growth rate of GDP by up to 1.2 percentage points.

In order to create the conditions that will maximise the benefit of this new investment, the GSMA also called upon governments across sub-Saharan Africa to follow the President of Rwanda, His Excellency Paul Kagame's advice.

Kagame's advice is that, "the barriers that governments put in the path of entrepreneurs need to be urgently removed. Individuals and companies create wealth, not governments. This is not to say that the state should become invisible. But governments should see their roles as enablers of business, and not gatekeepers that control and hamper it."

The GSMA said that it believes that, "The world's governments have an opportunity to narrow the digital divide between those who enjoy high-speed access to multimedia services today and the many people who can't yet be economically served by broadband networks."

According to Tom Phillips, "It is important that the world's governments set aside this spectrum in a harmonised way, enabling handset makers to achieve economies of scale, thereby reducing the cost of access devices for consumers."

"African Governments also need to address other barriers to the uptake of mobile communications, such as high consumer taxes," Phillips said.

Mobile specific taxes are levied in Ghana, Kenya, Tanzania, Uganda and Zambia; if these were lowered or removed, government tax receipts would actually increase as more people will connect and use mobile services, boosting Value Added Tax receipts and stimulating wider economic activity.

High license fees and other regulatory bottlenecks, such as international gateway monopolies, also constrain the competitiveness of African business.

Some decent size buys this morning...



5-Nov-0709:01:3746.0025,000Buy* 45.7546.0011.50kTrade Type:
Automatic execution

5-Nov-0708:59:4846.0070,000Buy* 45.5046.2532.20kTrade Type:
Automatic execution

5-Nov-0708:59:2746.008,000Buy* 45.5046.003,680Trade Type:
Unknown

5-Nov-0708:58:4746.0042,000Buy* 45.5046.0019.32kTrade Type:
Automatic execution

5-Nov-0708:57:1646.0050,000Buy* 45.5046.0023.00kTrade Type:
Automatic execution

5-Nov-0708:55:1746.00195,000Buy* 45.2546.0089.70kTrade Type:
Unknown

5-Nov-0708:54:4846.00105,000Buy* 45.2546.0048.30kTrade Type:
Automatic execution

5-Nov-0708:53:3846.0040,000Buy* 45.0046.0018.40kTrade Type:
Automatic execution

5-Nov-0708:52:5846.002,783Buy* 45.0046.001,280Trade Type:
Automatic execution

5-Nov-0708:52:1646.0022,217Buy* 45.0046.0010.22kTrade Type:
Automatic execution

5-Nov-0708:48:4546.002,217Buy* 45.0046.001,020Trade Type:
Automatic execution

I have just closed my first position at breakeven, but i bought more on Fri @ 40p am holding and have placed a stop...

Big Ted-----yes nice volume, I'd like to think the worst is behind us now, LEAD have brought their 3rd qtr results forward to tomorrow, whether that's to re-assure investors or to get all the bad news out of the way in one hit, we should know by tomorrow. Good luck all.
2517

going into reversal as i type 48.25/48.25 being quoted, have no longer got L2 so difficult to gauge trades...

i would guess, though that is in part because i hold, that if the figures have been brought forward, it is because it is good news, if only to clarify the previous RNS ..... market truism is that good figures are quick to add up and bad ones slow!

Inclined to agree, Rich. Using an execution only broker, i am having to manually raise the stop, but it is heading in one direction only at the mo, tomorrow will tell, but as usual the market appeared to have over-reacted.