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ACU African Copper

0.055
0.00 (0.00%)
03 May 2024 - Closed
Delayed by 15 minutes
African Copper Investors - ACU

African Copper Investors - ACU

Share Name Share Symbol Market Stock Type
African Copper ACU London Ordinary Share
  Price Change Price Change % Share Price Last Trade
0.00 0.00% 0.055 01:00:00
Open Price Low Price High Price Close Price Previous Close
0.055 0.055
more quote information »

Top Investor Posts

Top Posts
Posted at 07/5/2013 10:46 by jim rockford
For those new to this bb, a summary of events over the last few trading days:-

Zak Mir's 5p chart target, issued on the evening of 3 May.





On Friday 26 April we had the company changing announcement that COMS had been awarded a £15m deal, covering a two year period, with an outsourcing company that has a £2b annual turnover. This for a company with a market cap at the time of less than £3m was truly staggering and supports CEO Breith's prediction of 10p in the near future.

PLC%20Alert

This deal supports CEO Breith's prediction of a 10p share price in the short term.

Coms plc CEO Dave Breith talks about his company and that "10p share value as soon as possible".

"The Breith/Coms relationship has already got off to an exciting start with
a 280% increase in share value since my appointment as CEO. I am not one to
rest on my laurels though and want to push for a 10p share value as soon as
possible.
Helping achieve this aggressive target is the launch of Version 2 of the
Ask Merlin software which was so instrumental to the success my previous
company, O-bit Telecom. The software is "bigger and better" than version
1 and will once again lead the market in terms of automation, providing
interactive tools for resellers directly into the core network. I can't say too
much on this front, but any resellers wanting a demo should drop a call to the
office and we will be more than happy to arrange one.
In addition to attractive sell prices, golden hellos and industry leading
software Coms are also proud of their G-cloud accreditation which, I am keen
to add, will open up a new route to market for our resellers."

Daily Mail press coverage, 26 April




Independent press coverage, 27 April




Background interview, 31 January with Dave Breith.

An interview from jan 31 2013... from margin in voice & data web site.
An excellent read.

The founder and former CEO of O-bit Telecom Dave Breith played a blinder to grow the business and sell it to Daisy Group two years ago; and by bringing new energy and ideas to the table as incoming CEO of AIM listed ISP Coms Plc the serial entrepreneur is already well on his way to pulling off yet another remarkable coup.

Breith has set in train another potential success story and is basing the ascendency of his new venture on, for the most part, a tried and tested formula. Towering over his profession Breith's presence has already made an indelible impression on the future look of Coms Plc, but with a talent for seeing the whole picture he never loses sight of the fundamentals. "The first thing I will be doing is getting under the skin of the company," he said. "I will be concentrating on putting the basics back in place and ensuring the business is best positioned for the type of growth I have planned. Coms Plc has a fantastic route to market and offers services to the indirect channel but it has not experienced the type of growth I know it is capable of achieving. I intend to jump start sales and help establish the company as a main contender in the telecoms market."

Breith's opportunity looks bigger by the day but conducting a root and branch review of the organisation is a strategic priority that cannot be delayed. "I am not about to jump in feet first making changes before a proper assessment," he commented. "I need to assess the challenges of the business as well as the areas we should be promoting. Coms Plc offers the right mix of technical expertise and quality, which mixed with my skills in sales and marketing will, I believe, prove to be a recipe for success that will ultimately produce a fantastic return for our investors."

Breith's modus operandi illustrates an unyielding grasp of the core issues as if programmed to resist distracting thoughts about anything other than the task in hand. "I won't be underestimating the challenges," he stated. "I'm the new boy, involved due to my experience in developing a channel business and I appreciate that every business is different and has its own story. An AIM listed company brings new challenges and a steep learning curve for me. I have limited experience in this one area but we have some great people in the business who have been patient with me. I am surrounded by advisers so it will not take me long to get up to speed."

In tandem with Breith laying down the foundations of a channel growth strategy Coms Plc's staff are busy building a consensus of approval that will help to ensure the business plan is rapidly advanced. "I am fortunate in that the entire team wants a strategic growth roadmap and they have all been highly receptive to the changes I have proposed," commented Breith. "I have also been able to call on the experience of past colleagues and to an extent bring together some of the people that helped to make O-bit a success. Having a good track record has helped, but the proof will come over the next few months."

Breith plans to grow Coms Plc's market share in the channel substantially. The process and internal structures are already in place and he is not short on options. "I have many ideas based around the overall proposition being taken to market, in particular how bundle buying will influence the distribution/reseller relationship. But they also extend to include the whole Coms Plc team in the direction of the business," noted Breith.

"The environment I promote is to play to the key strengths of the personnel to ensure the service offered to clients is second to none. Therefore invigorating the team and generating an enthusiasm within the business is important to the success of my strategy. In terms of the new ideas, that would be telling, but think value add, think wrap and think best of breed and you won't be too far off the mark."

Coms Plc will be offering a service wrap the allows resellers to manage base margin rather than product. This approach, says Breith, encourages strategic relationships and the development of business synergies that will ultimately protect clients from churn. "Resellers and distributors need to look at the whole picture as well as the margins and keep a keen eye on operating cash," he added.

According to Breith the growth trends to watch include mobile and the impact 4G will have on working environments along with BYOD. "Data, however, will remain the biggest driver," he noted. "Resellers are finally understanding the technology and are able to promote it effectively to their base. It is likely to be this solution that drives down the margins on traditional voice as resellers choose to look to the overall margin of a client."

Breith also believes that hosted IPT is on the cusp of widespread adoption. "End users have a far better understanding of the technology and there is a growing demand for this among resellers," he added. "The PBX vendors all now have their IPT offerings and cannot push them enough. They know their current boxes have a shelf life and they are all eager to gain momentum on their IPT offering."

Breith believes that resellers are having to work a lot harder and 2014 will separate the men from the boys. "The whole sales process has evolved," he stated. "You can't survive by selling a line here or shifting a box there. The relationship has to be far more strategic. There is simply not as much margin in products, which means a full service wrap needs to be addressed with a true understanding of a client's business in order to build value into what resellers are doing."

Not surprisingly the main product development in the first quarter will be the introduction of a full communications package into the current IP-focused business along with traditional products and services. "We will use this suite of tools to help partners facilitate a move from traditional technologies into the solutions of 2013 and beyond," explained Breith. "The introduction of the Merlin portal will help achieve this seamlessly. It is not only a tried and tested platform it ensures the entire portfolio of services is centrally managed from provisioning to billing through to customer service and faults."

Breith's gaze has also fallen on Coms Plc's network proposition and its key suppliers to ensure that all services offered by the firm are complementary and best of breed. "I will then be introducing the Ask Merlin platform to offer resellers an interface between them, the business and all our suppliers," added Breith. "This platform gives resellers access to the type of instant information they require to run their business successfully."

Mission accomplished? Not quite. Breith will also be introducing a new suite of communications services to complement the existing hosted proposition, meaning that Coms Plc will be supplying a full portfolio of solutions from traditional PSTN and broadband through to hosted IPT and wider area networks. "All this will be coupled with creating great awareness around our activities through an integrated sales and marketing plan," added Breith. "It is going to be a busy few months but this is something I know very well. It is a very exciting time."

Breith is building a platform for resellers who are struggling to find a new role in the changed world of communications by combining IT and telecoms expertise to truly bring together the local and wider area network proposition. "IP and IT will enjoy a closer relationship in 2013 and we will be working hard to establish ourselves as the largest value added distributor in the channel," he added.

Breith's remarkable career to date has recorded many highlights and triumphs but his biggest achievement so far, he pointed out, is adapting to changes in the market while retaining a smile and the ongoing hunger to help communication resellers build their businesses. "I learned a tough lesson in my 20s when I realised that ownership over your base was paramount," he said.

"This prompted me to start O-bit Telecom and I have not looked back since. I truly believe in what I do and I still believe it is simple to achieve, you just have to be careful not to get clouded by outside influences. I am proud to say I have never lost sight of the big picture for either my company or my resellers. And it is nice to look back on all my clients and realise I have grown to consider quite a few of them as personal friends."


---


This is just the beginning of the re rating for a company that is delivering on its promise to grow organically and by acquisition. The Enterprise (£1m pre tax profit within 2 years) and In-Direct Divisions (£1m leads in its first MONTH since it was created) are proof of the latter. Both are highly incentivised.
Posted at 15/10/2012 14:49 by lesteague
i'd guess potential investors are watching to see the next qtr update to see if the production figures are continoues or just a lucky one off.
Posted at 03/10/2012 15:53 by lesteague
I feel the same. ACU currently feels like it's stuck in dead water.

Something needs to happen in order to get it going, ZCI sell out, a chinese/indian company buys it or ACU update their JORC resource statement.

Production is certainly up which is a good sign, perhaps potential investors are watching to see the next quarter report to see if the higher recoveries are not just a one off!
Posted at 17/2/2011 08:48 by outsourcer
an operations update would be good right now, as we are now back below 5p, yet world copper prices are still at record levels. I would say the investor relations dept need a kick up the a@se, but I guess when ZCI own over 80% they don't really care about us PI's
Posted at 29/12/2010 11:13 by hiram abiff
.....hopefully ACU management read this bb and will be encouraged to put out an RNS to clarify why the ACU is falling rather than moving up like the rest of the miners; - especially Cu miner.

However, with so few private investors I suppose the only two investors they really need to inform are ZCI and Brad Kipp.

I suspect that the FSA will look into any inappropriate share price manipulation given the amount of complaint / comment directed to them - especially if ACU make a sudden ZCI takeover statement / RNS.

DYOR

HAb
Posted at 05/12/2010 16:24 by hiram abiff
...given all the media coverage and predicted $10k / ton price of Cu for 2011, I see ACU as a viable option; especially as production ramps up and enhanced processing plant is close to bringing online.

In my view it is time to start 'dipping the toe back into the water' in ACU. I suspect there is a dubious reason why the share price is being held down now. Reading that 70% of the copper market has been cornered by a large City company, means that the market demand will force up the price of Cu over the near term; - perhaps over the next 3 years global commodities boom.

The fact that the price of Cu is predicted to rise, will help ACU borrow money from investors / markets. Even if it works a hedging deal against future production. This should bring down costs as production ramps up. Now that Cu and ACU in particular will b e comming onto larger investors radar, perhaps an ACU additional hare offering may be on the cards again to bolster the share base and reduce ZCI large holding from the extortionate 12% interest they are charging ACU.

We certainly need more specific information in an RNS from the ACU Management, to re-assure investors they are not being scammed by ZCI.

DYOR

HAb
Posted at 15/10/2010 00:16 by ted1806
Or it could be a new investor.

Gold and copper are often found together but I don't know if they need a different process to clean them up.

I think the best thing that can happen is ZCI buying on the dips and holding
the price up. I am sure if they wanted to they could just buy it in full.
Posted at 14/10/2010 23:44 by 1144523
Then again it might just be one of the existing investors but that type of investor is more likely to trigger their 1% change in holding (if above 3%).

The share price May 09 to Jun 10 just says to me, oh dear it looks like ZCI might dilute my holding. I think that fear is lifting, and ZCI might might wish to drive confidence in order to place shares at an higher level and create a floor.

Then again this isn't a gold miner. Thats where the money is. Nano caps are up 80 odd % in 4 months.
Posted at 14/10/2010 21:35 by 1144523
My story is a mirror image. Last Sept I sold my whole portfolio,gold bullion & oil ETF's that I had bought in middle of the crash. I was all set to go 'all in' with Shanta but got talked into spreading the risk. Oh well. My average at ACU is 8.29p.

I think we have been suffering from the fall out from that massive spike upwards in 09 but In my opinion this stock struggles to attract the interest of any larger investors. There won't be any placings, other than to ZCI. There is no chance of anyone developing a large stake. I think the onus is on ZCI to inflate the share price I think that is what they are doing now. At the end of the day, they just want to develop ACU into a profitable miner and then sell them on.

I'm going to let this run. I was so desparate to sell out at break even at RKH that I sold in 40's. I'm not saying I would have sold at the peak but it makes you think. Kind of happy it is faling heavily now. But that's another lesson - take some profits just in case (even if its just one for the trophy cabinet)
Posted at 23/9/2010 12:58 by 1144523
Nice to see some new investors. Hopefully a new leaf is being turned over. I won't hold my breath.

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