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

Dave Breith, Coms CEO, states:

"I am delighted that Coms is acquiring the Redstone ICT Business; it is a quality operator with a well recognised brand and a blue chip client base to which Coms can seek to leverage and cross-sell its broader suite of services. This will be the 7th acquisition since I became Chief Executive of Coms and I am pleased to report that we are well on our way to delivering our strategy of becoming a full service communications and ICT business"


"This acquisition is earnings enhancing and provides us with the scale we need to further build the Coms group of companies. It provides us with a significant increase in income generation to fund the enlarged business and also establishes a sound infrastructure, which allows the Coms group to provide an integrated service for our customers from "telecoms connectivity through to telecoms solutions". Whilst Redstone will operate as a subsidiary of Coms plc we have identified significant commercial synergies and cost savings that can be achieved by bringing these two businesses together under the Coms umbrella. As a result we will achieve a significant uplift in gross profit, access to European markets currently served by Redstone and a significant 'value add' to customers of both businesses. This acquisition fundamentally changes the dynamics of our business and positions us for the next phase of growth."

On an afternoon run +11.3%.

High of the day now at 3.975p

Moving to the top of what it seem a Double Bottom, next stop would be to break 4.20p

Some profit taking after falling to reach 4p at the start of the day, but has bounce since to 3.80p

Choo choo :-)

Let's have our own game of name the closing price xmas eve.

I'll go for 6.05p .... don't want to over-hype it at this stage :-)

I said 5p about one month ago and I'll stick to that!

WATCH: Coms Plc, CEO interview - Acquistion

Click the link to watch
http://www.brrmedia.co.uk/event/118335/

dil 6.05p

doodles 5p

skinny 60p


:-)

LOL

:-)

4.2p - Which gives me no pleasure as that is my buy price a while ago.

StockMarketWire.com
Coms says its trading division Coms.Com Ltd has been awarded the International Organisation for Standardisation's prestigious ISO 9001:2008 accreditation.

This recognises Coms.Com Ltd's implementation of a quality management system (QMS) and other focused initiatives to ensure that the highest quality telecommunications products and services are continually delivered to direct customers and channel partners.

This certification also recognises Coms's adoption of a dedicated program of continuous improvement to satisfy the evolving needs of all its customers and partners across the UK. The accreditation was evaluated and awarded by BSI Assurance.

Keep the faith Harry you'll be well rewarded imo but I would say that wouldn't I.

Oi skinny , if Bully buys for his pension I'm out ... last buggers he bought were Meldex !

:-)

I'm sticking with my LSE iPad guess of 7.75p.

LISTEN: Coms Plc - ISO Accreditation
Click here to listen

Dil - if Bully buys for his pension, you will be behind me in the exit Queue! :-)

Nah he rings me first for advice then does the opposite :-)