Leadcom Integrated Solutions Share Discussion Threads

[haywards26] 05/2/2008 22:14

Yes, patience will be key in that time will be needed to regain the confidence of investors.

The error here by management was the profit warning in Q3 not being sufficient enough, covering the whole of the discontinuation costs etc, as they have now needed qtr 4 results also to issue a further profit warning which could have been avoided IMO

The TASE listing may well provide a short term boost purely through the extra demand for shares.

I do not believe either that the recent Isreali funds were buying in blind!

[rivaldo] 05/2/2008 22:00

Hmmm...not a good one to come home to. I still hold a few unfortunately.

I tend to go with Haywards26 in that 2007 is a "bung in everything" year, with 2008 set to be a year showing lessons having been learnt - the Indian contract (the largest ever) is hopefully just the start. But the market may take a while to regain its faith given what has become a series of surprises to the negative and blows to management credibility.

Think I'll hold and see this one through given it's a relatively small holding and 30p-odd seems a low valuation in relation to what is still a substantial business.

[haywards26] 05/2/2008 21:45

Still holding.

I believe the 2007 results do include a kitchen sink job, clearing of the decks, so that 2008 starts with no continuation discontinuation nightmare that has plagued the 2nd half of 2007.

I am hoping that 2008 proves to be the start of Leadcoms recovery and the large Indian contract will be the beginning of further contract news in India and Africa, where the potential lies.

Not happy, but still believe there is no point selling at this point. Be interesting to hear in the qtr4 update as to their now 2008 forecasted revenue figures, has to now be in excess of $230 million as they confirmed they had $200 in the bag in the qtr 3 conference call.

[masurenguy] 05/2/2008 21:00

Jwe - sold out 90% between 41p and 53.5p (average price of 47p) and took a 22% hit. Residual balance now held is at a cost of 51p so I'll just sit on them until the price eventually recovers - just relieved that I didn't hold on to take a much bigger hit today.

"Well it appears we all spent far too much time looking out for Indians and took our eyes off the Cowboys, who were infact, running the company!"

Like the black humour Steg - sorry you had such a big hit but at least in was only on a small shareholding.

[jwe] 05/2/2008 19:49

On the positive side it does look that someone is buying up distressed sellers in quantity this MAY underpin the sp

[stegrego] 05/2/2008 19:00

Well it appears we all spent far too much time looking out for Indians and took our eyes off the Cowboys, who were infact, running the company!.


Not happy with this after keeping faith and i assume that many others did the same otherwise the price wouldnt have risen from 40 to high 50s.

Could have sold out at a profit at the turn of the year but didnt, as i was keeping the faith, but have sold out completely today at 31p for a loss approaching 50%. Hardly happy but as it was only 3% of portfolio its only made a 1.5% sized dent, so hardly a disaster.

No faith in management now and what broke the camels back was the fact that this news clearly leaked today, if not several days ago.

Smells bad. I couldnt care less if its the bottom or the top - just glad to be out. Will make a nice tax loss against this years gains.

Good luck to all holders left.

PP - another bloody classic

[sithuk] 05/2/2008 18:19

divina: ...and ipl, and atcg, and vyke.

My heart goes out to the guy :(

[jwe] 05/2/2008 17:50

Because it was obvious from the Q3 announcement there would be a further warning now(although this is much worse than expected)It beggars belief really.
Does anybody else get a feel from the announcement that there could also be some problem in bedding in Ytelcom?
M-glad to here you were largely out!You certainly would have got better prices than i did!

[masurenguy] 05/2/2008 17:46

Well these have dropped 40% in the past 3 weeks from 52p to 31p at todays close. There was obviously a leak before this afternoons announcement since the price had already dropped to 38p before it was released.

This was previously one of my top 3 holdings but I had already reduced my position by 90% between November and mid January. The residual 10% makes this a comparatively small shareholding which I'm fairly relaxed about holding for the longer term. I'm sure that there will be a 'kitchen sink' factor in this years accounts so that they can make a clean start in the new fiscal year. Still could be some good future potential here especially with their Indian contracts but I would wait until they report a good profitable quarter before looking at any further investment opportunities here.

[blackbear] 05/2/2008 17:35

Why should they know.

[julianc35] 05/2/2008 17:25

what i find interesting is how the Israeli instituions were buying in at the high 40s and 50s. surely they would have known of this debacle.

[jwe] 05/2/2008 17:15

My sympathies to all holders.Certainly a lot worse than i expected.Personally i think it could well go lower.Q1 statement is now key.After selling my entire holding for a near £20k loss at 42.5p it looked for a long time that i had made a big mistake.I`m glad for my own peace of mind that i called it right but sorry for those caught now.
If i held now i think i`d still sell as it is highly likely you could buy back lower.Makes you wonder how high paid analysts in institutions set their buying criteria
PP`s comments welcome!

[divinausa1] 05/2/2008 16:44

Oh dear Oh dear Oh dear

PP having a terrible time AST now LEAD

shame!!!!!!!!!!!!!

[safman] 05/2/2008 16:38

yeah, to make announcement, even with the large contract but falling profit margins was not, to say the least, best of timing.. a bit of a squeeze in the telco sector at present ...

all the best..

saffy..

[blackbear] 05/2/2008 16:34

Yes I was recently thinking I missed a nice recovery after selling at 43p in December taking a big loss at the time... sorry to see this fall today.

[m5] 05/2/2008 15:30

Sorry to all holders, I was a holder myself for quite sometime and managed to get lucky the first time around. Amazing what has happened here.

[lqs] 05/2/2008 15:16

PapalPower is a liability. Hes a danger to your wealth. He was pumping this at 70p plus.

[shafaq] 05/2/2008 15:16

egoi,
with results on 25th ,could there be a 3rd or now is a good time to have a punt before the results?

[lqs] 05/2/2008 15:02

PapalPower - 31 Jan'08 - 21:43 - 7066 of 7079

Buyer still there, as is seller. Looking good though, the buyer is not rushing and is quite happy to allow the seller to move down and sell lower, although the seller appeared unwilling to go below 45p, so it might be the turn of the buyer to push it back up a little now.

Classic comedy this.

[julianc35] 05/2/2008 14:56

this news obviously leaked to insiders.