yes it was.....
from the runs... " placing shares to be admitted to trading on AIM and Admission is expected to occur on 17 March 2016."
So can we expect the sp to fall below the placing price soon as so often happens in cases like this?
Coms, a leading provider of Infrastructure, Managed Services and Smart Buildings solutions, was notified on 4 January 2016 that Mark Braund, Chief Executive Officer, through the JMC Trust purchased 1,388,888 million ordinary shares in the Company today at a price of 1.89 pence per ordinary share
He knows something we don't, and he bought when he could before the close period, nuff said!
Dynamic new CEO now in place, restructured to focus on smart building sector, huge growth sector as companies embrace the internet of things, European expansion already underway, I believe revenues will exceed 50 m this year, expect rebranding announcement soon, perhaps to Redstone, very credible brand in the sector.
Year end this week for COMS update in Feb, expect more progress, director buys show confidence, I expect close to 3p by April and over 5p by year end, recent pull back offers excellent entry point.
This share appears to be recovering after offloading it's loss-making arm, which almost destroyed the Company.
Risky, with almost 1,000,000,000 shares in issue, but in my view, a very good punt for 2016.
Only invest money you are prepared to lose!
Although our SP has trebled since Sept there remains potential for further progress in 2016, supported by the recent substantial buying by Directors.
No regrets ,yet, at increasing my holding in Sept,although still a relatively small stake,despite our increased SP
Having made the last 3 posts i thought i would just keep quiet until someone else commented, happy with the recent director buys which shows good confidence from the management, no other reason i know of (but maybe the management who bought do know) but something has triggered them to buy and we should know soon enough. Back to 2p or maybe even the dizzy heights of 3-4p
this is making steady progress but no one is commenting on it. apart from the director buys is there anything going on that should make us feel confident that this will continue ? my buys at 0.5 and 1.00 now looking good but overshadowed by the previous buys above 6.00. but at least an 1.8 average is looking within reach.
Looking good,for now,but the new senior management team would not have signed up unless they thought they could turn Coms around & make a load of dosh for themselves.
Prob for me with these situations is that I may buy a small number,to have an interest, but I would not be prepared to buy a large enough number for it to make any difference if it does come good.There is still a very long way to go here before anyone can afford to be complacent
After todays RNS we have to consider whether the corner has been turned leaving us with 2 growing & profitable businesses together a few remaining "legacy " issues to be resolved (eg disposing of surplus leases) & the potential for some unquantified litigation (against us).
I recently bought a small number on the basis that I could increase if I considered that there prevailed a decent risk reward scenario.
We could easily go bust-but with a low Capitalisation & the suggestion that on an operating level we are trading profitably there is also the potential for our SP to increase substantially-particularly as our new CEO & FD are still coming on board.
I still like Coms and believe they will deliver, however JQW are really starting to take off and for
a penny share at present - it may not be long, and certainly this year, will be when it looses it's rank as a penny share. Worth some good research here.
2015-04-27 14:30:37 17.70 2,670 17.00 17.75 Buy 472 O
2015-04-27 14:30:28 17.48 21,137 17.00 17.75 Buy 3,694 O
2015-04-27 14:30:15 17.25 25,000 17.00 17.75 Sell 4,313 O
2015-04-27 14:29:29 17.25 14,420 17.00 17.25 Buy 2,487 O
2015-04-27 14:29:27 17.20 3,000 17.00 17.25 Buy 516 O
2015-04-27 14:29:18 17.20 20,000 17.00 17.25 Buy 3,440 O
2015-04-27 14:28:33 17.00 100,000 17.00 17.50 Sell 17,000 O
2015-04-27 14:28:33 17.00 0 17.00 17.25 Sell 0 O
2015-04-27 14:28:17 17.00 4,894 16.75 17.25 ? 832 O
2015-04-27 14:27:37 17.00 50,000 16.75 17.00 Buy 8,500 O
2015-04-27 14:27:33 17.00 20,035 16.75 17.00 Buy 3,406 O
2015-04-27 14:27:17 17.00 10,000 16.75 17.00 Buy 1,700 O
2015-04-27 14:26:12 16.99 29,502 16.75 17.00 Buy 5,012 O
2015-04-27 14:26:01 16.99 25,000 16.75 17.00 Buy 4,247 O
2015-04-27 14:25:51 16.99 5,901 16.75 17.00 Buy 1,002 O
2015-04-27 14:25:39 16.96 14,000 16.75 17.00 Buy 2,375 O
2015-04-27 14:25:35 16.75 2,389 16.75 17.00 Sell 400 O
2015-04-27 14:25:21 16.96 6,449 16.75 17.00 Buy 1,094 O
2015-04-27 14:23:25 16.90 17,751 16.50 17.00 Buy 3,000 O
2015-04-27 14:22:13 16.93 11,750 16.50 17.00 Buy 1,989 O
2015-04-27 14:19:55 16.93 23,559 16.50 17.00 Buy 3,987 O
2015-04-27 14:08:18 16.55 6,000 16.50
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