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

Contract wins

Coms plc (AIM: COMS) has secured a number of new contracts over the past week within its retail division. Importantly, they are recurring annual service driven contracts with no associated cost of sales. Whilst no singular contract is significant, the combined Gross Profit of the contracts is £50,000 per annum and further demonstrates the Company's ability to win contracts with well-known organisations, including:

· Barking, Havering and Redbridge NHS Trust;
· Neopost;
· BT OneConnect / Lancashire County Council mission critical vibe;
· Dartford and Gravesham NHS Trust;
· My Claim Solved; and
· Glastonbury Festivals

Dave Breith (Coms CEO) states "Gary Day, our Retail Sales Director, has been extremely busy over the past month with the qualification and tailoring of our hosted solutions which has enabled the team to secure these contracts. Gary and his newly incentivised and motivated teams deserve all the credit in bringing in the new business and their success is reflective of the newly energised Coms."

It's all happening here - difficult to keep up with all these RNS's !!

"Whilst no singular contract is significant" - These are the bread & butter contracts, in their own way equally as important as the few blockbusters which send the SP rocketing when they are announced.imo

Hi doodlebug4

Just joined this forum after reading you very informative posts about Coms, where I have been invested since February. My usual BB is on London South East LSE where on their Coms BB I have recommended your posts here. If you get a moment it would be great to have you share some of you wisdom with us over on LSE.

http://www.lse.co.uk/ShareChat.asp?ShareTicker=COMS&share=coms

Oi pete wot about me ?

I blame skinny for the share price fall :-)

Don' t blame Skinny Dil! This company is doomed. Has absolutely no future and the sp will tank to nowhere. I know this for certain because I bought in on Tuesday, so sorry everyone, it is my fault not Skinny's but yes, if you like, let's blame Skinny anyway! 😜

Oi!! :-)

I think you are all being incredibly generous in not blaming me since I was responsible for starting this thread! :-)

Oh yes, that's right! You're off the hook Skinny! 😃

lol , all we need now is tabby to turn up and we'll know for sure we're fecked :-)

A little tick up at the close today - let's not get too excited, just yet.

Fair value for this shr is 3p IMO without further deals, I am expecting more deals before long which would improve this basic level, based on current gr margins and prospects of growth with a 12mth target of 5p (Breith's is 10p!) The turn upwards could be very quick

Dil, thanks for you contributions too.

We will not be disappointed with this share and 12 months from now we will amazed. I have emailed DB a few times now and today got an invite to connect with him on linkedin. He seems a really down to earth bloke.

So what are some of the highlights that we have in COMS:

It is one of the fastest growing companies on AIM and now has the finances in place to achieve further growth.

It is having to increase its number of employees by about 133% from 15 to 35 to deal with the workload and that does not include the call centre.

Its employees are now highly incentivised and will work really hard to see the SP rise.

It has a Cloud Computing/Telephony is a cutting edge product that will eventually replace PBX systems and will be extremely appealing to businesses who wish to vastly reduce their telephony costs.

It is gaining new contracts all the time, some are massive and some small, but even the small ones provide open doors that can then lead on to much bigger contracts.

The newsflow via RNS's is endless as the company is being transformed.

In David Breith, it has an inspirational and entrepreneurial CEO whose experience and knowledge in this field can only inspire confidence in his employees, clients and shareholders.

This is just the beginning of a very interesting journey.

Pete

New Accreditation

Coms (AIM: COMS) announces that it has successfully been added to the Government framework procurement "G-Cloud iii", being services accessible through the Cloudstore.

Cloud computing and Cloud based services have brought stepped changes in the economics and procurement of such services. The Government Cloud strategy will achieve:

· large, cross government economies of scale;
· allow for ICT systems that are flexible and responsive to demand in order to support government policies and strategies;
· take advantage of new technologies in order to deliver faster business benefits and reduce cost;
· meet environmental and sustainability targets; and
· allow government to procure in a way that encourages a dynamic and responsive supplier marketplace and supports emerging suppliers.

Coms plc has been successful in submitting 5 services:

1. Hosted telephony
2. SIP trunking
3. Lync 2010 Enterprise Voice
4. Integrated Mobile
5. Hosted Openscape Unified Coms

The Cabinet Office has announced that Government departments buying IT products and services will now be obliged to consider solutions offered by GCloud providers before they can consider alternatives.

The G Cloud Framework contract is run by the Government Procurement Service (GPS) In 2011-12 GPS managed £8.4bn of public sector spend, delivering price savings of £650m. Strategic alliances with other buying organisations demonstrate GPS's commitment to working in partnership to deliver savings that benefit the whole of the public sector.

Francis Maud, Minister for the Cabinet Office, which oversees the G-Cloud programme, said: "G-Cloud brings a step change in the way the government buys IT. It's quicker and more competitive, open to a wider range of companies, including a majority of SMEs and offers more choice and innovation"


Dave Breith (Coms CEO) states: "We are delighted that we have been successful in our submission to Cloudstore, I have had extensive experience in the past with Government contracts and there is not a shadow of doubt that all Government procurement over the next 1-2 years will be forced to procure services in this manner, and when that happens we will be ready"

Pete, welcome to the forum and thank you for your kind comments. Another nice RNS to start the day off!

For any Zak Mir followers - he has just reiterated his 5p target price.

The smart investors recognise today's RNS as comparable, in the mid term, to a large contract win. DB now has everything in place to really get this company motoring.

No one believed that Computers, Mobile phones and Microchips would become what they are today and people who invested in those sectors at the start are now, no doubt, happily retired.

Cloud Computing/Telephony is about to take off and Coms although small is very much one of the key players. I firmly believe that the downside from here is very small and the upside quite the opposite. Investing here is a no brainer. For the risk averse, you can always get a guaranteed 1-1.5% per annum interest in the bank. I preferred the risk and find myself up around 200% in less than 3 months.

Zak Mir Link:

http://www.tradersown.co.uk//magazine/read/coms-coms-half-way-up-to-5p_1600.html#sthash.mo5oNUGZ.dpbs

Press article today at:

http://shares.telegraph.co.uk/news/article.php?id=4596987&epic=COMS