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 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

StockMarketWire.com
Coms.Com Ltd has launched a number of new high-speed broadband products suitable for home and business users.

The broadband products offered start at monthly data allowance of 30GB and increase up to an unlimited Fibre offering, to ensure all needs and requirements can be catered for home and business.

Additionally, with broadband speeds matching those offered by other mainstream operators such as BT, Coms offers a real and positive alternative.

Coms chief executive Dave Breith said: "By providing these enhanced broadband products we are able to offer both business and residential customers a service that ensures they can continually stay online at a cost that is affordable. With our product's performance more than a match for our competitors - such as BT - current and future customers can be assured that the service they receive will be refreshing, dynamic and most importantly, robust."

It all sounds very good and it will be interesting to see how competitively priced these new products are.

consolidating nicely..I'm staying in for the big gains that are just round the corner (imho)

Chart looks great, a big push to new highs before Xmas I imagine before the new year tips, got to be one to watch in 14.

Ding ding all aboard please ....

It doesn't seem to like the air above 4.50p!

At least it's blue at the moment skinny!

This is true!

The SIM contract at £12m P.A. is bigger than the Mitie Contract. Remember what happened very soon June 14th, when it was announced that the £7.5m P.A. contract was with Mitie. In the next 2 weeks the SP rose 75%. I wonder what will happen when we get the announcement of who the SIM contract is with.

Sorry that should have said 70%

StockMarketWire.com
Coms has signed a multi-year teaming arrangement that widens initially the network and visibility of Coms hosted services into the PTS Managed Services business.

Based initially on providing Coms' core product hosted telephony to PTS Managed Services which can then be delivered to their client base, the opportunity to extend the agreement to PTS' client based to SIP Trunking and other products can be implemented at a later stage. This multi-year agreement will develop the company's relationship that are of benefit to PTS' many end user clients which are across a range of disciplines which include banking and finance, Insurance, local government, education, healthcare, media and not for profit.

From LSE:

"I'm not sure if the next contract win will be revealed before the New Year. But I can tell you the deal that I understand is nearly complete is with a household name with a significant number of sites. The deal will revolve mainly around M2M devices. In the new year COMS will launch their MVNO to the indirect dealer channel. If they get the service proposition and the pricing correct this will open a huge opportunity into the dealer network and although not huge margins, having a large dealer network will allow them to cross sell other products and bring volume which intern will help will help COMS buy better and increase the margin by a few points."

"M2M is basically machines / devices that take a SIM card and deliver information using data over the mobile networks. These SIMS are used in vending machines, banking terminals, Taxi's all kinds off different uses. MVNO is where you can run your own mini mobile network. you strike an agreement with a specific network, in COMS's case this will be Vodafone and you can sell and build your own packages."

Amazing technology. My combined electricity / gas meter now has a Vodafone SIM card in it and transmits the data directly to British Gas. No meter reader ringing the doorbell every six months (though that is probably not good news for the original guy tasked for the job) and no 'sorry we missed you' cards through the letterbox. Very impersonal, but also very efficient.

Geez ... ramp ramp ramp ramp

7p by Xmas .... choo choo :-)

Coms plc (AIM: COMS) announces the formation of a new subsidiary, Coms Media Ltd, following the acquisition of the media, design and animation specialist companies Clicks Media Studios Ltd and Darkside Animations Ltd.

Coms has agreed to pay a combined consideration of £167,000 cash which will be funded from the Company's existing cash resources plus £175,000 in shares at a price of 4.5 pence per share. The owners of both businesses will become Coms employees and have been restricted from selling any of the consideration shares for at least 3 months post transaction.

Through these acquisitions the Company has established a unique in-house capability, which will further strengthen Coms' abilities to produce new, exciting and dynamic content in its established markets of cloud based solutions, hosted telephony, broadband and mobile. Both Clicks Media Studios Ltd and Darkside Animations Ltd have established a successful track record in delivering cutting edge content for digital and non-digital environments to a wide client base which includes BBC, ITV, Virgin Media, Discovery Channel, National Geographic, Saatchi, Google, Warner Brothers, Channel 5, Universal Studios, Disney and Rolls Royce.

Through Coms Media these companies will:

· provide Coms and its customers with a unique in-house creative capability, including branding, video production, media services, radio and TV advertising expertise, digital applications, merchandise implementation and presentation production. This is not an exhaustive list; all output will ensure Coms and its customers have a dedicated marketing resource that stands out to define each respective brand; and
· offer commercial benefits to clients and channel partners- prospective and current - by providing a full suite of communications products and services from managed services to hardware to creative output. As an example this might include provision of everything from broadband, VOIP telephony and mobile to websites, apps and customer engagement campaigns using cutting edge digital technology. Through these acquisitions, multiple touchpoints will be created enhancing opportunities to buy and engage with the Company.

http://www.moneyam.com/action/news/showArticle?id=4725189