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

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!

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

The COMS threads on the other side are like a zoo ( no surprise there ), everyone and their dog now has an opinion about this share, but in amongst all the utter rubbish being spouted there is the occasional good post. I thought this was a good assessment on the current state of play;

"Ivor Hunch 8 Feb'14 - 12:14 - 6586 of 6589 2 0


One of the main purposes of the stock market, be it AIM or FTSE, is for companirs to raise money for expansion by selling shares rather than by taking on bank loans. So an institutional placing well below the current price is normal and happens regularly. All this gloom and doom rubbish is getting tedious - the sp might well fall next week, but it will recover as the benefits of the acquisition filter through.
I am a big holder in Monitise which I have held for 5 years. They have issued many shares through placings over the last 5 years and the scribblers on these boards have regularly predicted the total collapse in the sp. But I bought at 19 and they are now 73p with a long way still to go.
If COMS is as well managed as MONI (and I don't know if it is) then there will be regular share placings as the company makes acquisitions and grows organically.Don't listen to the scare mongers - continue to hold COMS, maybe adding on dips, and enjoy your rewards in 3-4 years' time.
Ivor"

Sp was 5p three weeks ago. Since then nothing has changed, just words from management which hasn't been backed up with a detailed TU including the numbers. This is certain to head back to at least 6.5, maybe 6 and depending on more meat on the bones TU below 6p. If you hold and can get a decent price 1st thing tomorrow, I'd be inclined to take it.

Hoping to pick up some cheap stock from weak holders rob? ;o)

He's certainly not getting any of my stock !:-)

Well yes maybe, I sold at 10p as could see what was happening and was over the moon with that price, a year earlier than I thought. I won't rush in though, it could come back over several trading sessions, or even weeks. Of course I could miss the boat too, aware of that; so have kept a few. I still don't like the extra sum raised for working capital needs, suggests to me the TU could be not as super as David has lead most to believe.

A reasonable arguement robstuff. The trading update should prove interesting reading. Is it better to raise the necessary working capital by way of share placings - in order to expand and build businesses - or to borrow large amounts of money from banks and to increase the company debt?

doodle you are assuming banks would be prepared to lend.

Over the last 2 days I have answered a number of questions over on the LSE COMS Forum. (Which is where I now primarily post). Then in an exchange of emails with DB he asked if there were any additional questions. I shared my answers with him and raised a couple of additional points. concerning the timing of the RNS and whether there would be any overhang.

He replied as follows:

Pete,

The answers to the questions were 100% accurate.

We actually signed the deal less than 1 minute before the RNS went out, we needed to get this out as soon as we received notification as we had people outside ready to go and speak to staff in order they heard the news from us and not over the internet / friends / facebook etc. In summary timing was dictated by the deal and sign off by lawyers.

Amongst my main responsibility in growing this Company and making it the best there is and better than anything else anyone has ever seen, it is my priority to bring on solid institutions and grow our share register. All institutions that were invited to take part were part of this and will also be long term holders of the stock there will be no overhang by this placing be assured.

Dave

Coms plc (AIM: COMS) is delighted to announce it has secured a number of new contracts in addition to those announced in January.

The latest contracts awarded include:

· Installing structured cabling for a new office development which is part of the ongoing works at Kings Cross. This contract is worth £280,000

· A leading energy company has renewed a support contact worth £165,000 that will see Redstone support their intelligent infrastructure through until March 2015

· A project worth in excess of £120,000 to Coms Media working with a leading TV production house working specifically on graphics and enhancing the viewing experience

· Four individual contracts with one of the world's leading broadcasters worth in excess of £50,000. Each project carries different creative marketing requirements and are differing in lengths of project delivery. Furthermore, the content is extremely topical and will be seen on screens by many TV viewers across the world in the coming months

· Ten further media and marketing contracts signed by Coms Media totalling over £100,000 that further enhance the Company's reach and visibility.

Dave Breith, CEO of Coms, commented: "We have had a strong start to 2014 and the hard work continues as we strive to confirm our status as the leading end-to-end provider of business infrastructure and communications services to industries across the world. Increasingly more businesses are accessing our expertise and the 15 additional contracts secured by our newly established subsidiary Coms Media is hugely encouraging."

Omg . shock , horror .... COMS fails to crash and burn after placing !!!

Slick bit of timing? Release a 'Good News' RNS at the same time as the placing hits the market?

Anyone who was worried had the opportunity of selling out at a higher price this morning than it closed Friday.

My gut instinct was to buy more first thing. Pity I didn't follow it! :o(

Thats a monday morning blip...... you haven't missed anything kim.,.

I agree with that. Might see the sp drift a little as all the relevant news is now out and nothing immediate on the horizon to attract investors. Sold some of my holding this morning and hoping to buy back in a week or two.

What about the trading update HARRYCAT, which is due out "within the first few weeks of February"? :-)

I am assuming that the update will tell us pretty much what we already know and is just to comply with regulations. I may be wrong, but that is what I have based my strategy on. I have kept a third of my original holding, just in case I turn out to be wrong!

I wonder if the TU will give figures I.e. Sales rev approximation, Making profit etc. We might have to wait a few mths for the actuals