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COMS Cloud Based Telephony Solutions (COMS)     

doodlebug4 - 27 Apr 2013 11:50

Topped the share charts on Friday following a lucrative contract announcement and is rumoured to have several more contracts in the pipeline.

Website www.coms.com

Chart.aspx?Provider=EODIntra&Code=COMS&S

doodlebug4 - 05 Sep 2014 10:59 - 1010 of 1120

Thank you skinny.

Alex 36 - 05 Sep 2014 11:53 - 1011 of 1120

skinny i have held onto a fair wedge of these since 2.1p and glad i did :-) i think
this company have great management that are well connected.


Have been looking at another little tech company lately - Boxhill Tech Plc

They put out a significant Rns this morning announcing a deal with SVS and this
should massively increase their revenues,is off the radar at moment but think it
could put on impressive gains from current 0.12p.Good one to be early on imvho

5 September 2014


BOXHILL TECHNOLOGIES PLC



("Boxhill", the "Group" or the "Company")



Boxhill Technology PLC subsidiary provides payment software to SVSFX for foreign exchange traders



The Company is delighted to announce that SVS Securities PLC has completed the integration of Pay Corporation's payment software platform into SVSFX, their foreign exchange business which offers Tradable and MetaTrader 4 Foreign Exchange trading platforms. Servicing international clients, Pay Corp's payment platform enables safe and secure card transactions for SVS's customers. Alex Gadd, Head of FX at SVSFX is delighted at the new opportunities that the collaboration with Pay Corp can offer their overseas customers.



Phil Jackson, CEO of Boxhill commented, "Foreign exchange trading forms the most liquid market in the world with trillions of dollars traded every day. Our first integration into the consumer end of this huge market opens up a new segment of customers for us in line with our plans to diversify our payments business customer base and we expect to add further FX trading companies who utilize MetaTrader 4, Tradable or any other FX trading platform in the coming months".

skinny - 05 Sep 2014 12:16 - 1012 of 1120

Thanks Alex - I did look at them a while ago - perhaps time to revisit.

Alex 36 - 05 Sep 2014 12:23 - 1013 of 1120

skinny as we know from coms if you get in early on these tech stocks you can see
some very nice returns.Boxhill tech is off the radar at moment but if you check their
newsfeed they have been linking up with some big industry names.I think this could
easily be three or four times higher by year end.Strong buy up to 0.20p IMVHO

http://www.boxhillplc.com/

skinny - 05 Sep 2014 12:38 - 1014 of 1120

Ok - just bought a small amount @0.13p

Alex 36 - 05 Sep 2014 13:11 - 1015 of 1120

skinny i think there were two 10m buys at BOX half hour ago that went through
isdx market.Will get very perky when they publish them!

parrisf - 05 Sep 2014 13:13 - 1016 of 1120

Just been offered 0.145p at 1.12pm

skinny - 05 Sep 2014 13:15 - 1017 of 1120

Same here - I only bought 150k @0.13p

skinny - 05 Sep 2014 13:29 - 1018 of 1120

BOX thread

skinny - 30 Sep 2014 08:11 - 1019 of 1120

Appointment of KPMG LLP as Auditor

Coms plc, a leading provider of telecommunications products, services and infrastructure, today announces the appointment of KPMG LLP ('KPMG') as the Company's auditor, with immediate effect.

Dave Breith, CEO of Coms, said:

"Today's appointment of KPMG following a competitive tender process is an important step in the company's future. I have been highly impressed by the KPMG team and look forward to working with them in the future."

Derek McAllan, Audit Partner of KPMG, said:

"We are delighted to have been appointed as auditor of Coms and have been very impressed with the work Dave and his team have done in the recent past in transforming the Company's fortunes. It is clearly a business with an exciting future and we look forward to working together."


ENDS

robstuff - 01 Oct 2014 10:37 - 1020 of 1120

From another inv board

Mike Stutter 1 Oct'14 - 09:20 - 433 of 440 0 0

Wednesday 01, October 2014
Redstone, a leading provider of infrastructure, smart buildings and support services, today announced it has partnered with IO, a worldwide leader in software-defined data centre technology, services and solutions, to accelerate the uptake of modular data centre services in the EMEA market.

Redstone will bring its decades of experience in structured cabling, data centre fit-out and support to customers who wish to take space in IO’s purpose-built Slough data centre facility, located in the heart of UK’s IT corridor. IO, meanwhile, will benefit from Redstone’s technical expertise and robust client base.

“The data centre market continues to evolve at an incredible pace, with customers seeking ever-faster deployment and reduction in operating costs,” said Brendan Loughrey, managing director of Redstone. “IO has truly innovative solutions that can change the way that data centres are delivered. I am very pleased that Redstone has partnered with IO as it enters the EMEA market.”

IO.Anywhere® is the next-generation, software-defined modular data centre infrastructure that can augment existing data centres or serve as the foundation for a greenfield data centre. IO.Anywhere delivers a sustainable and secure data centre environment, on a just-in-time basis – anywhere in the world.

“In preparation for our launch in the UK, IO is developing a strong team, critical partnerships, and a state-of-the-art data centre in Slough,” said Ricky Cooper, Group Leader for EMEA Sales at IO. “Redstone will help IO gain traction in the EMEA market, and together, we will provide a compelling data centre offering in Europe, the Middle East and Africa.”

skinny - 13 Oct 2014 07:06 - 1021 of 1120

Trading Update and Recent Contract Wins

The Board of Coms today provides the following update on trading ahead of its interim results announcement for the six months ended 31 July 2014, which will be released by the end October.

The encouraging trading stated in the update provided at the time of the Company's Annual General Meeting, on 11 July 2014, has continued and the Board today reiterates its confidence that the Group will meet market expectations for the current financial year.

Since the update provided by the Company on 7 May 2014, new contracts totalling £7million have been secured across the Group's Infrastructure and ICT Management, Wholesale Telecoms and Mobile Telecoms operations during the course of the second quarter of its financial year. These include:

Infrastructure and ICT Management

o £630,000 of project works for a number of leading financial services clients, with a combination of infrastructure project work and deployment of Redstone's OneSpace service, which allows organisations to better manage the occupancy of their buildings, improving efficiency and potentially making significant cost savings in terms of their facility expenditure;
o £550,000 of infrastructure projects from a global financial services company, as it looks to refresh its network infrastructure in the UK;
o £350,000 of infrastructure work in the UK, with a multinational organisation;
o £320,000 of ICT and infrastructure projects with professional services companies including a leading international law firm;
o £160,000 for a major sporting project;
o £130,000 of data centre fit out with a leading global retail giant;
o £130,000 of infrastructure projects with a group of public sector clients.

Wholesale Telecoms

o Coms Wholesale has secured five new contracts with five different telecommunication resellers, all of which are in total worth £894,000 over a twelve month period.

Mobile Telecoms

o A mobile contract worth £3m over five years with one of the UK's largest recruitment organisations. Coms Mobile will provide a mobile product targeting the short and medium term contracting sector, offering reasonably priced international calls and priority access to contracting opportunities;
o A mobile contract worth £500,000, over five years, to provide an affordable consumer mobile product aimed at consumers and SMEs, offering simple contract mobile solutions.

Dave Breith, CEO, commented:

"Coms performed well in the first half of the financial year and the Board remains confident that the Group will meet market expectations for the full year. Our restructuring efforts, which are nearing conclusion, are delivering results, while trading across all divisions continues to improve as we anticipated.

"I am delighted with the contract wins for our Mobile, Wholesale and Redstone subsidiaries that we have announced today. It is encouraging to see we are gaining traction with a diverse range of clients, delivering a wide range of services within telecoms, infrastructure, ICT and our new OneSpace platform securing contracts with global banks, law firms and major retailers, demonstrating the quality of the Group's offering and the ongoing speed of our expansion."

ENDS

js8106455 - 14 Oct 2014 08:37 - 1022 of 1120

Listen to David Breith, CEO: Coms plc - Trading update and recent contract wins

Click here

skyhigh - 24 Oct 2014 22:05 - 1023 of 1120

Bought back in today on the back of the trading update and up and coming results etc,,

HARRYCAT - 31 Oct 2014 07:38 - 1024 of 1120

StockMarketWire.com
Telecommunications products, services and infrastructure provider Coms posts losses before tax and exceptional items of £417,469 for the six months to the end of July.

Exceptional items in the period include £797,067 of one-off reorganisation costs and £1m release of a provision for contingent consideration.

There has been a significant leap in the group's turnover, with revenue of £23.1 million (2013: £2.5 million), largely thanks to the acquisitions made in the latter part of the previous financial year and the early part of the first half of the current financial year.

The gross margin in the first half was 23% compared with the margin over the comparative period of 41% and for the whole of 2014 of 34%.

The lower margin reflects the higher proportion of the Company's business generated by the Infrastructure division which was acquired in November 2013 and which is generally lower margin than the other divisions.

Chief executive David Breith said: "The key challenge for Coms in the first half of its financial year has been to integrate the businesses that have been acquired, in particular CloudXL, in order to align our cost base and position the operating divisions to maximise growth opportunities. While this process is not yet complete, we have made good progress and the vast majority of restructuring costs have already been incurred.

"In a short space of time, we have successfully built an all-encompassing telecoms business that offers a broad and technically robust range of services. Our aim now is to leverage this and ensure that all operations build on their current market positions and deliver the growth potential that I firmly believe exists within the Group.

"The results we have reported today I believe do not fully reflect what the business has achieved to date but also provide an indication of what is possible in the future.

mentor - 31 Oct 2014 09:10 - 1025 of 1120

Jam tomorrow?

That is what the company wants you to believe, but the figures from the last results where telling the investor, not everything was working to plan.

Today's Interims cornfirms, there is plenty of work to be done and share price much more to come down.

note: A fool and his money should never have gotten together in the first place!

certainly not invested on this jam tomorrow stock

js8106455 - 04 Nov 2014 10:04 - 1026 of 1120

Dave Breith, CEO, Coms plc, discusses the highlights of the period
Click here

skinny - 10 Nov 2014 07:20 - 1027 of 1120

Final payment re Redstone acquisition

Coms, a leading provider of telecommunications products, services and infrastructure, today announces that payment of the final deferred consideration, due on 21 November 2014, in relation to the Company's acquisition of Comunica Holdings Ltd (since renamed Redstone) from Castleton Technology plc (formerly Redstone plc) was paid three weeks early, on 31 October 2014 with an agreed amount between the parties of £825,000.

ENDS

jaknap - 29 Jan 2015 19:13 - 1028 of 1120

i think next month is gone be very good month for coms also in any case coms will not drop below 2.45, last two days coms has hold the price strongly, shows its got some thing good to be declare in coming month , its worth trying to get in to while it holds the price at 2.45,

skinny - 25 Feb 2015 07:08 - 1029 of 1120

Trading Update and Requisition of General Meeting

The Board of Coms plc ("Coms" or the "Company" or the "Group") today announces an update on trading for the financial year ended 31 January 2015.

The increases in revenue reported for the six months to 31 July 2014 continued during the second half of the year and as such the Board expects to report revenues in line with market expectations.

Gross margins have continued along the lower trend seen during the first half and will be lower in the second half than for the first six months. Furthermore, the restructuring process referred to in the interim results continued during the second half of the year but the anticipated re-alignment of costs has not been achieved. As a consequence, the Board expects that the Company will report a substantial loss for the financial year ended 31 January 2015 of at least several million pounds.

In light of this very disappointing financial performance, the Board is reviewing the Company's strategy with the aim of ensuring that improved returns will be delivered across the businesses and to shareholders.

The Board has concluded that it is necessary to strengthen the Company's executive management team at the earliest opportunity and is currently in discussions with potential candidates with the appropriate expertise and knowledge of the wider industry in which Coms operates. In addition, Diana Dyer Bartlett, Non-Executive Director, has taken on the responsibilities of the finance function, pending the appointment of a finance director.

The Board also announces that on Friday 20 February 2015, the Company received a requisition from Dave Breith, CEO, to convene a general meeting of the Company for the purpose of considering resolutions to remove Frank Beechinor and Diana Dyer Bartlett as directors of the Company and to appoint Iain Ross, Neil Taylor and Brendan Loughrey as directors of the Company (the "Proposed Resolutions").

The Board is required to convene a general meeting to consider the Proposed Resolutions by 13 March 2015. A further announcement detailing the background to the requisition and the Board's response will be made in due course.

Finally, the Board received notification on 18 February 2015 from Dave Breith that on 25 July 2014 he purchased 20,000 Coms ordinary shares. The Board has since sought clarification from Mr Breith as to the circumstances and details of the dealing, including as to why no prior permission to deal was sought from the Board, but to date no such clarification has been forthcoming. The Board will make a further announcement regarding this transaction as soon as full details are available.
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