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

start moving

Moving in the wrong direction, similar to many other shares over the last few weeks. Volumes need to pick up to get things going generally. More standard 'bread & butter' contracts are not going to move this anywhere right now.

Contract Wins

Coms plc (AIM: COMS) is delighted to announce the signing of a single new contract worth £9.3m plus a further £4.9m of contract wins across its diverse business.

· The £9.3m a new contract with an existing customer with a major brand and will be spread over the next five years. More details will be released in due course.

· Redstone has been awarded three new contracts including a £1.5m contract to provide onsite technical infrastructure and support to a global investment bank; a Smart Building contract worth £800,000 with a leading retail agent and structured cabling contracts for two widely known, highly recognisable brands in overseas offices worth £1.5m

· In addition during the last month a further £400,000 of structured cabling contracts have been won as have contracts worth £450,000 as part of Coms' wholesale base transfer with two telecommunications resellers further securing market share gains in the Wholesale channel.

· The remaining new business announced today is through Coms Media, the Company's animation and visual effects arm and through CloudXL, which Coms acquired in February 2014.

Dave Breith, CEO, Coms plc commented: "I am delighted that all our business lines are contributing to the growth of the Company and we are continuing to win contracts both large and small. This demonstrates that we can achieve our ambitious revenue and profit targets over the coming years and build a substantial and sustainable business in the long term."

For me the graph indicates an outright buy now, and excellent news today

Trading Update

On 24th February 2014, the Board of Coms (AIM: COMS) provided an update on the expected outturn for the year ended 31 January 2014 covering revenues, EBITDA (Earnings Before Interest, Tax, Depreciation and Amortisation) and Profit Before Tax. This was based on information at hand at that time and as then indicated, was subject to audit review and sign off.

The Board is very pleased to state that as the audit process nears completion, it is now apparent that whilst revenue numbers for the year will be approximately £14 million, as previously indicated, EBITDA and Profit Before Tax will be, in each case, significantly greater than the £0.75 million and £0.45 million respectively, that was announced previously.

The Board still envisages that the annual report and accounts will be finalised by the end of May and further updates will follow in due course, as appropriate.

That news hasn't exactly set the sp alight! As someone else has pointed out on another BB, net margin is barely 5%, which isn't very encouraging. Seems the hype and hot money have moved on!

Stick with it folks!... and top up when you can! (imho & dyor)

2013/14 Trading Update

Following on from the trading update released on 14 May 2014, where it was stated that EBITDA and Profit Before Tax will, in each case, be significantly above market expectations, the Board is pleased to announce that the audited results for the 12 months to 31 January 2014 will be released on Monday 9th June.

Iain Ross, Chairman states "We are looking forward to announcing our results on 9th June and updating the market on what was a transformational year for Coms and also to outlining our plans for the future"

Can't make up my mind whether to have a speculative punt on COMS pre trading update, or whether the good news is already priced in. Far too many shares in issue for my liking, but maybe the 'pump & dumpers' will visit briefly!

I'm holding from 2.3p and ruing not selling @11p - so a hold for me.

Any reason you didn't trade it? 11p down to 5.6p is quite a drop in profit!

Stupidity!

Ah, sorry, didn't mean to rub salt in. I thought you might have had a cunning plan!

I wish...

LOL.,.

Preliminary Annual results for the year ended 31 January 2014
http://www.moneyam.com/action/news/showArticle?id=4825867

A quick look at the figures and find nothing out of the normal but

Revenues rose to £14.0m
pre-tax profit of £1.2m
Earnings per share 0.22p

CONCLUTION
1 - The high valuation £65m last Friday, is not represented yet on the profit front and on a net margin profit of less than 10%
2 - The market cap is 4 times sales
3 - Historic PE of 30
4 - The chart is not looking much better at the moment

Listen: David Breith, CEO, Coms plc discussing the final results

Click here to listen

Publication of Audited Annual Accounts
RNS
RNS Number : 2946J
Coms PLC
10 June 2014



10 June 2014



Coms plc

("Coms", the "Company" or the "Group")



Publication of Audited Annual Accounts for the year ended 31 January 2014



Coms plc (AIM:COMS) a leading provider of telecommunications and infrastructure is pleased to announce that its audited annual accounts for year ended 31 January 2014 are now available on the Company's website at www.coms.com.



Financial Highlights



· Revenues increased by 863% to £14,002,866 (2013: £1,621,960)

· Gross profit increased by 511% to £4,755,050 (2013: £926,576)

· EBITDA increased by 187% to £1,495,958 (2013: minus £797,421 loss)

· PBT increased by 132% to £1,241,455 (2013: minus £936,415 loss)

Copies of the annual accounts will be posted to shareholders on 17 June 2014, together with a Notice of Annual General Meeting to be held at 10 a.m. on 11 July 2014 at Coms plc, Beacon House, Stokenchurch Business Park, Stokenchurch, Buckinghamshire. HP14 3FE