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

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

I think the company said the "actuals" would be released "within the first few weeks of February" robstuff.

Taken from another bulletin board, posted on 9th February at 11.30pm - the 'care in the community' scheme is obviously not working too well.

"turd boy:

I have a buy order set for 5.5p.

by the time it is filled your profit would have been pissed away as you are to dumb to have sold.

Good night."

last accounts showed a net loss of £119k they will have to run very hard to justify a market cap of £73m, admin costs constantly increasing and appear excessive. their year end is 31st January so don't expect results any time soon.

halifax - just in case you missed this RNS;

Trading Update
Coms plc (AIM: COMS) is pleased to issue the following trading update ahead of the Company's 2013/14 year end.

The company is pleased to state the following:-

· Revenues for the year will be significantly ahead of management expectations driven by significant growth in organic revenues as well as outperformance within Coms' acquired subsidiaries.
· EBITDA for the year will be positive.

The company anticipates giving a further trading update within the first few weeks of February once more accurate numbers are known.
Dave Breith, CEO of Coms, commented: "I am delighted with the successful turnaround we have managed to implement at Coms in the last year. The speed of integration and performance of the businesses we have acquired has been beyond our expectations and our recently announced contract wins give us great confidence that we can continue our growth going into the new financial year. "

doodle you know as well as we do that revenues are different to profits.at their half year to 31st july 2013 revenues were up 249% yet they still made a net loss, don't hold your breath!

We both know halifax that share prices are not driven simply by numbers on a balance sheet.

doodle we are not talking about their balance sheet (which is pretty small) we are talking about their profit and loss statement.