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

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

Looks like good results but still the share price drops. WHY????

Lost its mojo for the time being parrisf. Perhaps too much hype from David Brieth.

parrisf

ref - share price drops

post 973 tells you why .... overvalued

TEMPORARY SUSPENSION OF TRADING ON AIM

At the request of the company (COMS) trading on AIM for the under-mentioned securities has been temporarily suspended from 12/06/2014 2:30pm, pending an announcement.
ORDINARY SHARES OF 0.1P EACH, FULLY PAID (B3CDXQ4) (GB00B3CDXQ41)

Cancellation of the MITIE contract maybe? David Breith, in a podcast, did mention that the company had done well over the last 12 months (which it has of course) even without the MITIE contract. I'm not sure if anything was meant to be read into that or not.