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

This is true!

The SIM contract at £12m P.A. is bigger than the Mitie Contract. Remember what happened very soon June 14th, when it was announced that the £7.5m P.A. contract was with Mitie. In the next 2 weeks the SP rose 75%. I wonder what will happen when we get the announcement of who the SIM contract is with.

Sorry that should have said 70%

StockMarketWire.com
Coms has signed a multi-year teaming arrangement that widens initially the network and visibility of Coms hosted services into the PTS Managed Services business.

Based initially on providing Coms' core product hosted telephony to PTS Managed Services which can then be delivered to their client base, the opportunity to extend the agreement to PTS' client based to SIP Trunking and other products can be implemented at a later stage. This multi-year agreement will develop the company's relationship that are of benefit to PTS' many end user clients which are across a range of disciplines which include banking and finance, Insurance, local government, education, healthcare, media and not for profit.

From LSE:

"I'm not sure if the next contract win will be revealed before the New Year. But I can tell you the deal that I understand is nearly complete is with a household name with a significant number of sites. The deal will revolve mainly around M2M devices. In the new year COMS will launch their MVNO to the indirect dealer channel. If they get the service proposition and the pricing correct this will open a huge opportunity into the dealer network and although not huge margins, having a large dealer network will allow them to cross sell other products and bring volume which intern will help will help COMS buy better and increase the margin by a few points."

"M2M is basically machines / devices that take a SIM card and deliver information using data over the mobile networks. These SIMS are used in vending machines, banking terminals, Taxi's all kinds off different uses. MVNO is where you can run your own mini mobile network. you strike an agreement with a specific network, in COMS's case this will be Vodafone and you can sell and build your own packages."

Amazing technology. My combined electricity / gas meter now has a Vodafone SIM card in it and transmits the data directly to British Gas. No meter reader ringing the doorbell every six months (though that is probably not good news for the original guy tasked for the job) and no 'sorry we missed you' cards through the letterbox. Very impersonal, but also very efficient.

Geez ... ramp ramp ramp ramp

7p by Xmas .... choo choo :-)

Coms plc (AIM: COMS) announces the formation of a new subsidiary, Coms Media Ltd, following the acquisition of the media, design and animation specialist companies Clicks Media Studios Ltd and Darkside Animations Ltd.

Coms has agreed to pay a combined consideration of £167,000 cash which will be funded from the Company's existing cash resources plus £175,000 in shares at a price of 4.5 pence per share. The owners of both businesses will become Coms employees and have been restricted from selling any of the consideration shares for at least 3 months post transaction.

Through these acquisitions the Company has established a unique in-house capability, which will further strengthen Coms' abilities to produce new, exciting and dynamic content in its established markets of cloud based solutions, hosted telephony, broadband and mobile. Both Clicks Media Studios Ltd and Darkside Animations Ltd have established a successful track record in delivering cutting edge content for digital and non-digital environments to a wide client base which includes BBC, ITV, Virgin Media, Discovery Channel, National Geographic, Saatchi, Google, Warner Brothers, Channel 5, Universal Studios, Disney and Rolls Royce.

Through Coms Media these companies will:

· provide Coms and its customers with a unique in-house creative capability, including branding, video production, media services, radio and TV advertising expertise, digital applications, merchandise implementation and presentation production. This is not an exhaustive list; all output will ensure Coms and its customers have a dedicated marketing resource that stands out to define each respective brand; and
· offer commercial benefits to clients and channel partners- prospective and current - by providing a full suite of communications products and services from managed services to hardware to creative output. As an example this might include provision of everything from broadband, VOIP telephony and mobile to websites, apps and customer engagement campaigns using cutting edge digital technology. Through these acquisitions, multiple touchpoints will be created enhancing opportunities to buy and engage with the Company.

http://www.moneyam.com/action/news/showArticle?id=4725189

LISTEN: Coms Plc - New subsidiary following double acquisitions

Click here

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 :-))