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

LISTEN: Coms Plc - New subsidiary following double acquisitions

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Article today in Daily Mail exert:



"David Breith, an award-winning techno entrepreneur, became chief executive of Coms, the internet service provider, in January and splashed out £247,000 on 81.4million shares at an average 0.43p a pop. He has transformed the company, with stock taking the gold medal with a rise of 970 per cent."

"Contracts have been signed with various institutions to sell broadband and lines. Customers now include Taunton & Somerset NHS Trust, London Borough of Barnet, University of Kent and North Wales Hospital.

Bolt-on acquisitions have been made and the board recently revealed a promising order book and profits in line with management expectations."

2013: A good year to take AIM
By John Harrington January 02 2014, 3:16pm blur Group, one of the top three performers on AIM in 2013

It could be argued that 2013 was the year AIM, London’s junior market, grew up.

Helped by changes to legislation, enabling investors to wrap AIM shares in their individual savings accounts (ISAs), the AIM All-Share index rose 19% in 2013, outperforming the FTSE 100 index, which rose 14%.

While Footsie’s best performer on the year, airline IAG (LON:IAG), managed to double its share price in 2013, there were scores of AIM stocks that bettered that, with four stocks racking up gains in excess of 500%.

Top of the tree was Coms (LON:COMS), the cloud-based telephony specialist. Shares rose a staggering 950%, with the rapid ascent starting in April on the back of a big contract win with outsourcing firm MITIE (LON:MTO); “big” in the context of Coms being £15mln, which is not bad for a company with projected annual revenues of £11.3mln.

The top line is tipped to rise to £41.2mln in the year to 31 January 2015 and that, if broker forecasts are to be believed, will lift the company into profit for the first time.

I own IAG & COMS - unfortunately, I only managed +75.9% on COMS.

I managed about the same first go and about 40% so far on the second go.

I haven'i got any IAG :(

Update on New Contracts

Coms plc (AIM: COMS) is delighted to announce the recent award of a number of new contracts that focus on the delivery of its innovative connectivity and communication services. With work beginning early in the New Year, these contracts will start making a contribution to the Company during the year ending January 2015.

In summary, the contracts awarded include:

· a contract to supply telecommunications solutions including hardware, hosted seats and broadband to a brand new division of a blue-chip multinational company. Providing services to over 1000 users, this contract will be worth £850,000 per year;
· a data centre project for a leading UK university worth £460,000, with the design process starting in Spring 2014;
· an infrastructure project worth £330,000 at the headquarters of a major commercial law firm;
· an infrastructure project worth £250,000 for the London offices of an international bank, with installation scheduled for completion in March 2014;
· a contract to supply 600+ broadband lines each month for the next 12 months, starting today with estimated annual revenues of £108,000.

Going great.

Chart is looking better now!

All time high.....I think.

I'm now +95% :-)

Drinks all round :-))

About to test the 5p resistance level?

Choo choo :-)

.

The runaway train came down the track and she blew,
The runaway train came down the track and she blew,
The runaway train came down the track, her whistle wide and her throttle back,
And she blew, blew, blew, blew, blew.


Choo choo :-)

Fly me to the moon
Let me play among the stars
Let me see what spring is like
On a-Jupiter and Mars

Whooooosh :-)

LOL

Awwww feck somone light the booster rocket quick :-)

Come Dil - more ramping! :-)

Needs to consolidate for a few days with a close above 5p and then 6p should be on the cards before the end of the month I reckon.