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COMS Cloud Based Telephony Solutions (COMS)     

doodlebug4 - 27 Apr 2013 11:50

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

Chart.aspx?Provider=EODIntra&Code=COMS&S

Dil - 07 Feb 2014 02:41 - 756 of 1120

He used to ramp Calluna and Bioprogress/Meldex if I remember right ... says it all.

doodlebug4 - 07 Feb 2014 09:46 - 757 of 1120

lol Dil! Brummer sounded like a football manager whose star player had just been given a red card for a badly timed tackle:-)

What is the point in having a Code of Practice for financial journalists if it's not enforced. The problem is some journalists think they are above the law.

doodlebug4 - 07 Feb 2014 11:49 - 758 of 1120

Chart.aspx?Provider=Intra&Code=COMS&Size

kimoldfield - 07 Feb 2014 16:45 - 759 of 1120

Oops! 138,333,333 new ordinary shares (the "Placing Shares") at 6 pence per share,

halifax - 07 Feb 2014 16:54 - 760 of 1120

so they have just paid £10m for a loss making company, with a turnover of £10m.

kimoldfield - 07 Feb 2014 17:17 - 761 of 1120

I hope Dave Breith knows something we don't!

robstuff - 07 Feb 2014 17:22 - 762 of 1120

3.4m read the RNS. Anyway, the shares are still going to plummet on Monday. I don't like the fact he needs all this extra working cap, suggests the TU will not be as good as many thought. Losses, acquiring more losses, extra staff and premises. Whilst the expected large contracts like the Mitie one last yr are not materializing. Oh dear.

halifax - 07 Feb 2014 17:31 - 763 of 1120

doodle the Daily Mail seems to have got it right 6p it is.

Dil - 07 Feb 2014 17:31 - 764 of 1120

Well I'm happy he's growing the company into something bigger and given his track record I'm sure he knows what he's doing.

Bit peed off that we couldn't buy some at 6p.

Balerboy - 07 Feb 2014 17:35 - 765 of 1120

transfer yr dosh to qpp dil.,.

Dil - 07 Feb 2014 17:39 - 766 of 1120

lol , happy to hold both

doodlebug4 - 07 Feb 2014 17:40 - 767 of 1120

The "rumour" published by Geoff Foster on Tuesday morning was indeed correct. It just goes to show what an advantage these financial journalists and City jobsworths have over the rest of us. As a shareholder I'm glad about the timing of the RNS, if that had been released this morning then the herd mentality would have been diving off the cliff again, at least people have the opportunity over the weekend to read the announcement thoroughly before jumping into silly decisions.

I haven't read this announcement properly yet myself halifax, so I don't know anything about the company involved without doing some reading!

halifax - 07 Feb 2014 17:44 - 768 of 1120

doodle yes the RNS gives some numbers what shareholders really want to know is when will this quite significant acquisition pay off.

Dil - 07 Feb 2014 17:47 - 769 of 1120

halifax - 07 Feb 2014 16:54 - 760 of 767
so they have just paid £10m for a loss making company, with a turnover of £10m


Lost about 700k but have made improvements and Breith see's about £3 million of synergies. Looks a bargain to me if the synergies are realised.

halifax - 07 Feb 2014 17:49 - 770 of 1120

Dil agree but as always the proof of the pudding etc

Dil - 07 Feb 2014 17:51 - 771 of 1120

Yep that's the fun of the markets halifax ... pays yer pound and takes yer chance.

doodlebug4 - 07 Feb 2014 20:47 - 772 of 1120

"kimoldfield - 07 Feb 2014 17:17 - 761 of 771

I hope Dave Breith knows something we don't! "

I'm sure David Breith knows lots of things we don't. There is a very strong smell emanating from the various goings-on this week! Geoff Foster certainly knew something as early as Monday afternoon that we didn't - until the markets were closed today.

HARRYCAT - 07 Feb 2014 21:46 - 773 of 1120

http://www.moneyam.com/action/news/showArticle?id=4753062

Well, I think that the RNS is pretty positive and at least DB has a strategy as to why the money was raised and how it's going to be used. In the short term I agree that the sp is going to take a dive, but surely that's why they are an AIM stock and not on the main index? I reckon this will fall sharply (whilst I lock in a more modest profit than hoped for) and then when the fast money sees the opportunity, they will drive the sp back up again. Question is, how low will it go before the hot money piles back in again?.....hopefully not leaving me behind!!!

This was from June 2013
http://www.youtube.com/watch?v=iiZoJRCb7wY

He seems as though he has quite a lot on his plate and it wouldn't surprise me at all, in response to db's comment, that he probably says too much on the social network circuit, which the ever prying press would pick up on. Either that or someone on the board is leaking info without his knowledge.

kimoldfield - 08 Feb 2014 00:29 - 774 of 1120

Doodle, such is life, the PI's, the one's who usually put most of the cash into a company, are invariably the last to know about a fund raising. Why the press should get priority is beyond me; it is time things were changed. It won't happen of course!

doodlebug4 - 08 Feb 2014 10:09 - 775 of 1120

Absolutely right kimo, time things were changed. The system as it stands is open to all kinds of abuse.
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