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

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 :-)

Completion of Acquisition

Coms plc ("Coms") completes acquisition of Comunica Holdings Limited
("Redstone")

Coms plc (AIM: COMS) is delighted to confirm that it has completed the acquisition from Redstone plc of Comunica Holdings Ltd - the ICT Infrastructure, data centre and smart building solutions business. Further to the announcement of the transaction on 5 November 2013, the conditions for completion, one of which was the approval of the transaction by Redstone plc shareholders which was received at the Redstone plc general meeting held today, have been satisfied.

The total cash consideration of the sale was £9.5 million to be settled by the payment of £7.65 million by Coms at completion and deferred consideration of £1.85 million and the transaction was effected on a debt free cash free basis. For the year ended 31 March 2013, Redstone reported revenue of £30.8 million and EBITDA of £2.5m.

Redstone will continue to trade as Redstone and will become an important part of the Coms plc portfolio.

Awesome potential & prospects here too! (imho)....onwards and upwards!

Significant Contract

Coms plc (AIM: COMS) is pleased to announce that it has secured a significant contract to supply a provider with up to 50,000 mobile SIM cards through the Company's newly built Mobile Network. Under the terms of the contract the SIM cards are expected to be rolled out over a 24 month period with the first order for 10,000 cards already received and due to be delivered by early 2014.

The customer estimates the contract will generate revenue to Coms of approximately £20 per user per month. In addition, Coms will supply the customer with other products and services, including VoIP telephony, lines and broadband and other data connectivity. These, in addition to inbound numbers and related services provide a true end-to-end solution for the customer's end users.

Dave Breith, CEO of Coms, stated: "Once the full roll out over 2 years of the SIM cards has been achieved, we estimate that the potential revenues from the supply of SIM cards only will be significant under the contract. The contract also provides Coms with further opportunities to upsell its other products and services, thereby providing significant additional income. The Company maintains that owning our own voice, data and mobile networks makes Coms' service offering highly attractive. This new contract demonstrates our ability to derive significant shareholder value from our new mobile initiative."

Nice!

Any chance you could re-post your chart from #499 please skinny?

EDIT : Thank you!

Very nice chart and good news today. Adds £12m pa once rolled out. First of many. Huge potential, i didnt anticipate the mobile market would figure, Coms is heading towards a 100m company next yr me thinks

Should I hold rob ?

Choo choo :-)

Director/PDMR Shareholding

Coms was notified on 26 November 2013 that David Breith, CEO, purchased 1,530,000 ordinary shares in the Company on 26 November 2013 at a price of 4.48 pence per share.

Following this purchase, David Breith is interested in 138,856,455 ordinary shares in the Company representing 17.58 per cent. of Coms' issued share capital.

Always good to see directors purchasing shares, he is obviously very confident positive News flow to come.

Just jumped back on the choo, choo. Looks like it's building up some steam again.:-)

chart bodes well, CEO buy, potential good news rns to come re the Mitie deal extension or new big deals to push sp to new highs before Xmas hopefully then on the lists for shares to buy for 2014..

I agree with all that robstuff - plus I hope the CEO has got over his initial obsession with posting on Twitter, which started about the end of July and he is now concentrating his efforts on the important business of winning contracts.

Trading Update


Coms plc (AIM: COMS) is pleased to issue the following trading update for the 9 Month period ending October 2013. The board is pleased to report and announce:

· That trading in the 9 month period to October 2013 has been strong and revenue and EBITDA are in line with management expectations. The order book for the remainder of the year is promising and we are confident of our prospects for the full year.

· That all acquisitions, including Coms' newly acquired subsidiary Communica Holdings Ltd. ("Redstone"), made during 2013 are expected to be fully integrated by the year-end.

· Further contract wins with Taunton & Somerset NHS Trust, London Borough of Barnet, University of Kent, North Wales Hospital, Surrey and Sussex Healthcare, Harrogate District Foundation Trust, West Midlands NHS Trust and Gateshead NHS Foundation Trust. These, and other wholesale contract wins, further demonstrate the Company's ability to achieve organic growth.

· That the new Headquarters in Stokenchurch, Buckinghamshire and "centre of excellence" will be operational within the next 10 days. Approximately 50 staff will move immediately into these new offices, which can accommodate circa 200 people with the additional capacity being used for the anticipated increased activity during 2014. Accordingly before the year-end the Company will close down its London, Cannon Street offices and move the London based staff into Redstone's offices in Old Broad Street in the City.

Coms revenues in line with forecasts
StockMarketWire.com
Coms is confident about its prospects for the full year after strong trading in the first nine months.

The group says revenues and earnings before interest, tax, depreciation and amortisation are in line with forecasts.

And it says sll acquisitions, including Coms's newly acquired subsidiary Communica Holdings ('Redstone'), made during 2013 are expected to be fully integrated by the year-end.

Chief executive Dave Breith said: "I am extremely pleased with our nine months trading result since my appointment as CEO at the start of the year.

"We have enjoyed record order levels combined with healthy cash generation throughout the period which, together with the acquisitions we have made, positions the Company well for a successful year and gives us confidence in continuing our growth into the next financial year.

"The group has executed all activity undertaken on time, to plan and within budget. This has been a transformational period for our business and I am looking forward to updating our shareholders on our last quarter's trading performance and publishing our full year group accounts following our year end on 31 January 2014."

LISTEN: Coms CEO David Breith provides a trading update

Click here to listen