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

Reasonable volume, but the market seems underwhelmed!

Dil needs to stoke the boiler!

My gut feeling is telling me that there is something not quite right here anymore and I don't know why, perhaps it's this whole Twitter nonsense that is filling me with unease. Certainly the interim statement was very positive and David Breith has done a good job since taking over the helm and perhaps I'm just expecting too much in too short a time - given some of the rhetoric coming from the CEO. ( Just thinking out loud here! ) I'm certainly surpised the share price hasn't gone even slightly North today.

Oh! please no! Just making £277 and need more to make up for the dammed Biome. Like everyone, if one sells it will go up. Rather getting the gitters though - I must admit.

Presumably the market thinks that c4p is fair value at the moment. Interims were pretty good, but you could argue that they were built into the rise from 2.8p in June. At least the sp has consolidated though the company is still making a loss. Hopefully I would expect the next rise to coincide with another contract win. Ever the optimist!

Oh dear, I should have sold - not looking good today.

Hopefully has found support around the 4p level now after a lot of selling.

The warrant converters selling has pulled them back. Results as expected, I am encouraged by margins and will be just a matter of time for a few more large deals to be announced. Hold on to your shrs, the 10p (revised to 30 not sure how serious the latter was) in sight once deals announced. Rumour on another board although don't like them is that a big deal dwarfing the mitie contract about to be

"about to be" ----------- what robstuff? I hope you were not about to say -------- announced on Twitter by David Breith!!!!!!!!!

No, hearsay on another board. IMO DB will be announcing more big deals, these take time, I'd like to know the progress of the Mitie business and whether more business to come from it as reported in the Daily Mail a while ago

RNS Number : 1342N
Coms PLC
03 September 2013
NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART, DIRECTLY OR INDIRECTLY IN, INTO OR FROM ANY JURISDICTION WHERE TO DO SO WOULD BE A VIOLATION OF THE RELEVANT LAWS OF SUCH JURISDICTION (EACH A "RESTRICTED JURISDICTION")
COMS PLC
("Coms" or the "Company")
Statement Regarding a Possible Offer
3 September 2013
The Board of Coms plc (the "Board") notes the recent share price movement in the shares of Pinnacle Technology Group plc ("Pinnacle") and confirms that it is considering a possible corporate transaction with Pinnacle that could result in an offer by Coms for the entire issued and to be issued ordinary share capital of Pinnacle being made. In the event that an indicative offer is made, it is the current expectation of the Board that any such indicative offer would be at or around 21p per Pinnacle share.
This is an announcement falling under Rule 2.4 of the City Code on Takeovers and Mergers (the "Code"). It does not represent a firm intention to make an offer under Rule 2.7 of the Code. Discussions are at a very preliminary stage and accordingly, there can be no certainty that any transaction or offer for Pinnacle will ultimately be forthcoming.
In accordance with Rule 2.6(a) of the Code, Coms must, by not later than 5.00pm on 30 September 2013, either announce a firm intention to make an offer for the Company in accordance with Rule 2.7 of the Code or announce that it does not intend to make an offer, in which case the announcement will be treated as a statement to which Rule 2.8 of the Code applies. This deadline will only be extended with the consent of the Takeover Panel in accordance with Rule 2.6(c) of the Code.
A further announcement will be made when appropriate.

I think we need to find out how this indicative offer might be funded.

I've sold out here as I'm not happy with various issues, one of them being that the CEO seems to be very much up his own exhaust pipe and he may be trying to take this company too far, too fast. I can't see how this proposed offer for PINN can be funded - without some sort of placing/fund raising.

I have sold, I know I've not made much and half the amount I could have had on Monday but cannot sit and watch me loose anymore money. Watch them fly now.

I have sold, I know I've not made much and half the amount I could have had on Monday but cannot sit and watch me loose anymore money. Watch them fly now.

PINN equity will cost approx £6.7m at 21p per share. Net cash at COM is currently £1.026m. As you say db4, question is , how are they going to raise the money? However, if the deal goes through, the acquisition should then strengthen the COM position in the market, turnover, profitabilty etc.

Going up since my sell. Wish you had posted the above earlier Harrycat as I got the gitters and went. Ah! well, story of my life. gl

It depends on your trading/investing strategy 3m. Some people will sell immediately on the issue of fund raising or any other reason that the sp might drop in the short term, but others will hold on seeing past the short term pain for the longer term gain. COM must think that buying PINN strengthens their position, so once the deal is concluded, assuming PINN accept the price, hopefully the sp will recover. Even if the deal falls through, the sp was happy at the 4p level, so I would expect it to regain the lost ground.

21p per Pinnacle share does seem to be rather generous when you consider that the sp has gone down from 32p in April to around 17p in August. I agree with you HARRY and think the COMS sp will get back to 4p.

So why did you sell then db???