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

mentor lucky we didn't shine your shoes at the end of last year ,you did 50% on several penny stocks ,lets hope this one's better for you.

Redstone Blog

The Intelligence of Things
Posted by Mark Braund on Apr 7, 2016 7:20:49 AM - By Mark Braund, CEO

Over the past two years we’ve discussed, alongside many other contributors, the potential and transformational impact of the Internet of Things (IoT) on the global digital economy. While IoT has yet to achieve the ‘revolution-level’ disruption being predicted; the rate of application and implementation of IoT solutions is accelerating.

We are already beginning to experience the increasing momentum of the intelligent sensor-connected economy. With a new perspective, that of smarter buildings and smarter spaces comes a new series of commentary; this series will assess what we can look forward to throughout the year and beyond. Furthermore, as we stand at what some call the edge of a 4th industrial revolution, we’ll discuss the transformations and potential benefits facing various industry sectors on the verge of an IoT make-over.

To recap, IoT is having an impact on the economy. Leading businesses, striving to take a position at the forefront of ‘Industry 4.0’ are investing heavily in IoT via acquisitions, investment and product innovations. This, supplemented with government investment; the re-modelling of staple industries – such as energy – driven by consumer demand, is fuelling consumer spending and generating wealth.

One key indicator or economic growth factor driven by IoT is in the labour market. Gartner predict employment in IoT related sectors is to grow 30%, year on year. Further, IoT technologies will drive the largest developments across technology trends enjoying structural growth: trends such as machine learning, cloud, mobile, social media and security. For example, over the last two years, there has been a rapid increase in IoT solutions being deployed to advance business intelligence.

Critically, the mass volumes of disparate data generated via endpoint sensors will require businesses to reassess their big data solutions; from data storage, mining and analysis to data strategy models. This could see new areas such as Data-as-a-Service (DaaS) become a key tool for businesses as they begin to realise the commercial value of their data… whether as a means of generating new revenue streams or by leveraging partnerships along market verticals to create added value propositions.

Infrastructure and telecom providers enabling transfer of this data will benefit too as data consumption soars. A key challenge will be to innovate existing physical infrastructure as the dreaded data capacity crunch threatens IoT development.

Despite challenges, IoT will drive the largest areas of growth in specialist technologies in the new digital economy… but how will we experience these technologies and what are the opportunities for businesses as more connected devices enter the market?

A major benefit of IoT gathering pace at the moment is the potential for transforming working environments; making them more cost effective, intelligent and agile. In fact, Gartner predict smart commercial buildings will account for 35% of the smart city market, driven through BIoT (Buildings Internet of Things) sensors. Between 2015 and 2020, IoT endpoints (or connected sensors) will increase five-fold, from an estimated 4.9 billion to 25 billion units while smart commercial buildings will accumulate 1,663% increase in installed IoT sensors over the same period, from 206.2 million units to 3.43 billion.

A key driver for this growth lies in optimising workplace environments as, currently, typical offices are only 50% utilised. By embedding smart sensors holistically throughout the physical environment, businesses are discovering evolving benefits…

The significant cost saving advantages IoT technologies deliver include anything from increased efficiency through intelligent lighting, energy management systems and workspace productivity to optimising occupancy management and reducing labour costs. In total, Gartner predict business ownership costs to be reduced by as much as 30% through smart machines and industrialised services.

While, the direct cost-saving benefits are substantial, there are far more exciting realities that can be created through intelligent sensors in working environments. Whether it’s retail, office space, manufacturing, public transport, private transport or public spaces – the mass volumes of data being generated throughout working environments will provide both end-users and IT & business leaders with actionable data to improve decision making in real-time.

Gartner expect leading businesses to invest in the alignment of the operational technology (OT) – used to manage the ‘building’ and enterprise information technology (IT), by doing so they will benefit from: greater situational awareness of productivity and performance; the ability to leverage data across OT and IT to support their big data initiatives; condition based maintenance, reduced operational costs, and a myriad of staffing cost based paybacks through establishing a more agile workforce and leaner processes.

Fundamentally, this actionable real-time data will make working environments agile. From ‘true’ hot-desking capabilities to the increased productivity of a ‘live working space’ – or campus-like working environments; business leaders will be able to make agile and accurately informed decisions that will transform the productivity of some of their largest overheads.

In our next post, we’ll look at some of the technologies driving innovations in some of the hottest IoT industries. However, in the meantime, if you would like to know more about intelligent work spaces, I encourage you to connect with us via twitter, LinkedIn or please comment below.

Thank you

Mark

1.625p +0.05p

moving on the right direction, though from time to time there is some profit taking, not yet on the share price movement so far

Compliments to "plantravel".....

Simply to make your home interactive.
The options are ever more interesting. Heating is becoming more and more linked to need, you can get your heating to turn on when you are about to arrive home simply by interacting with your phone, you can programme your fridge to reorder food, your lights to turn off when you leave the room etc.

This is what COMS does in offices, parking spaces can be designated by need not by person, heating requirements adjusted so that rooms heat up when they are about to be used, computers coded to have the specific interface for each user recognised when they log in, allowing hot desking.

The options are endless! What is brilliant is that the technology saves money. In other words if you are an office manager and you are not embracing this technology you will have to explain to your bosses why you haven't adopted the technology and saved the company money!!
I have a sales business, and selling is all about making the buyer look good to his bosses at limited risk. This technology ticks all the boxes.

Yesterday's marked down ( though there was large buys after ) was an opportunity for some this morning and up she goes 1.725p +0.125 (+7.81%), good size buying going on at the moment, with positive Level 2 of 2 v 1

Sold @ 1.71p for a 14.4% profit in a week

Slow Stochastic at overbought and SP close to higher Bollinger Band
Bought SPL, was ready to bounce

Bought back again @ 1.4925p

Has twice reached this point 1.45 v 1.50p and at those prices buyers are back, also had a 61.8% retracement the normal % for a retracement considered done

some large trades are changing the direction of the share price today, with positive level 2 on the bid side of 2 v 1

spread 1.45 v 1.50p

1.525p +0.075p (+5.17%)

Another day where there is interest on the shares and MMs have up their prices but just now they got into a large spread

What does your hamster think?

A bastard on the loose

Coms (AIM: COMS) is pleased to announce its final audited results for the year ended 31 January 2016.

Financial Highlights:
· EBITDA from continued operations ahead of management expectations at £1.3 million (2015: LBITDA £0.7 million) - increase of 274%
· Operating profit from continued operations before integration and transactional items £0.7 million (2015: loss of £1.3 million)
· Earnings per share from continued operations before integration and transactional items of 0.06 pence (2015: loss of 0.16 pence)
· Gross profit from continued operations up 35% to £7.0 million (2015: £5.2 million)
· Revenues from continued operations up 36% to £40.1 million (2015: £29.5 million)
· Positive net cash at year-end of £1.0 million (2015: overdraft £0.4 million)
· Disposed of the loss making Telephony Services division for £2.5 million in cash
· Disposed of the loss making Darkside Studios, Media division for a nominal consideration
· Successfully raised £2.1 million in new equity
· Successfully reduced costs associated with Group occupancy estate by £360k annually

Operational Highlights:
· Appointment of new experienced Executive Board
· The Group is now refocused around its remaining trading entity, Redstone, one of the UK's leading IT network and smart buildings systems integrators
· Key growth strategy going forward closely aligned to the provision of smart technologies
· Redstone secured a number of significant projects from within the financial services and media sectors during the year
· Successfully launched two new products - OneSpace, an occupancy management software platform and Distributed Antenna System ('DAS'), an in-building cellular technology
· Strong order book and new business pipeline from both new and existing customers in current financial year to 31 January 2017

Post year-end:
· Announced strategic contract wins for first material DAS contract for £0.8 million
· Acquired Connect IB, a smart buildings application software business for £1.3 million in March 2016
· Successfully raised £3.1 million in new equity to support the acquisition of Connect IB Limited and provide working capital to further develop the application software business
· Group to be rebranded to properly reflect its refocused strategy and direction


Mark Braund, Chief Executive Officer of Coms, commented:
"I am pleased to report our full year results for the year to 31 January. This was a transformational period for Coms, which saw the Company radically refocus its efforts in order to capitalise on the strong market position of our core Redstone operations which facilitate greater engagement between buildings and commercial spaces and the people who use them. We have now successfully exited our non-core businesses and, more recently, completed the acquisition of Connect IB, which further enhances our smart technology capabilities. The Company is providing enterprise-wide solutions to blue chip clients and, increasingly, achieving recurring and annuity revenues.

"We have made a strong start to 2016, underpinned by our outstanding team at Redstone, and are seeing opportunities from combining and leveraging the Redstone and Connect IB brands across the existing customer base and with potential new clients. The market opportunity for smart technology for buildings and commercial spaces continues to grow at pace giving us tremendous confidence in the Group's future trading prospects."

StockMarketWire.com
Coms has announced that Connect IB, its software and solutions business, has been awarded a contract by the owners and management agents of a major city centre shopping centre on the south coast of the UK. The contract sees the implementation of smart technologies to improve the shopper experience along with real time analytical reporting on shopper activity within the centre and the immediate surrounding area. The solution, due for public release in August, utilises smartphone and beacon technology to deliver location based services, loyalty, car parking integration and digital wayfinding within the centre and car park.

Connect IB's cloud-based platform delivers a loyalty scheme for retailers and partners in the immediate area including redemption and analytics. Key to Connect IB providing accurate location based services on Android and Apple devices will be the deployment of a wide area iBeacon network across the whole of the centre and integral multi-level car park, delivered by Coms's wholly owned subsidiary, Redstone.

The Company has announced that a Resolution will be proposed to Shareholders at the forthcoming AGM to change the Company’s name to RedstoneConnect plc. A rebranding exercise to communicate the Company’s refocused business will be completed in the coming months.

Coms has announced that all Resolutions proposed at the Annual General Meeting of the Group held on 27 June 2016 were duly passed. Shareholders approved the renaming of the Group to RedstoneConnect plc. The change of name was effective on 28 June 2016

29 September 2016
RedstoneConnect Plc
("RedstoneConnect" or the "Company")

RedstoneConnect to design smart city retail solution for Milton Keynes

RedstoneConnect(AIM: REDS), a leading provider of technology and services for smart buildings and commercial spaces, has been awarded a contract to help define a digital framework that will shape a smart retail and car parking offering, including the development of a digital retail centre wayfinding app, in Milton Keynes City Centre.

The contract is part of a wider Milton Keynes City Centre redevelopment project that will include refitting existing retail space and developing new car parking facilities, which forms an important component towards Milton Keynes' ambition of becoming a smart city.

The initial phase will see RedstoneConnect set out a framework for the future digital platform for the retail space, covering key aspects such as smart car parking and payment, customer relationship management and digital wayfinding solutions.

In addition, RedstoneConnect has been contracted to develop a digital wayfinding mobile application and interactive kiosk directories, which will support visitors to the existing Milton Keynes retail centre and the surrounding area.

This initial consulting phase of the contract will be completed by October 2016 with additional scope for RedstoneConnect to participate in the build and maintenance of the project during 2017.

Mark Braund, CEO of RedstoneConnect commented:

"We are delighted to be collaborating on what we believe is fast becoming one of the most important smart city initiatives in the UK. The integrated nature of this project, with its blend of smart car parking, payment, wayfinding, retail loyalty and customer relationship management solutions, is testament to RedstoneConnect's ability to provide a diverse range of solutions and marks an important milestone in the Company's ambition to deliver future smart city solutions around the world."

StockMarketWire.com
RedstoneConnect (Ex COMS) has been awarded a three-year contract extension to an existing managed services contract, valued at £2.8 million a year.

The contract for one of the world's largest financial institutions, which has been a long standing client of the Group's, will see RedstoneConnect provide IT infrastructure management services across a number of campus buildings in support of over 17,000 UK-based employees, nearly 25,000 desktop assets and an average of 10,000 desktop moves every year.

ex COMS called redstoneconnect REDS.

This share has been and still is the bane of portfolio.
Today has I type there has been 22million BUYS and not 1 sell, no movement in price.

Can anybody throw any light on it.

'Tis the Dickensian effect, the ghost of Coms past! :o)

I think the company is on a more sound footing now, hopefully it will start to grow into something at least half decent.