Leadcom Integrated Solutions Share Discussion Threads

[studhaves] 07/3/2008 13:59

Papalpower probably gives a toss.

[masurenguy] 07/3/2008 13:55

Grow up - who gives a toss !

[studhaves] 07/3/2008 13:54

LOL! - look whos bottom of the share tipping competition!

[papa1power] 07/3/2008 12:35

.

Next stop 90p... choo choo

[jwe] 06/3/2008 14:12

yorked-you forgot complete loss of creditability,and in this climate that may take a long time to win back.For gamblers only(those that like the odds staked against them) i`m afraid currently

[february 30th] 06/3/2008 11:36

yorked,

Not a holder anymore, but I'm not sure how many of your points are valid. What's AIM got to do with? They've been raising money in Israel without any problems. The issuing of the new shares has raised added funds. Israel has always been in the Middle East, believe it or not, and Israel companies have very often had overseas operations. Hasn't stopped many Israeli companies growing and thriving, in terms of the both profitability and share price. Falling US Dollar? Who knows? Pound doesn't look very healthy at the moment, and I think there may be trouble on the horizon for the Euro. So surely it boils down to questions relating to margins and Nokia?

BTW PP != LEAD

[studhaves] 06/3/2008 02:02

LOL! - look whos bottom of the share tipping competition!

[haywards26] 26/2/2008 17:23

PP,

What is your hopes and thoughts as to the position at Lead? It appears the situation is worse than first reported (i.e Qtr 3) in addition to bedding in Ytelcom within the group. Got to say am very disappointed as to the last few months as a Lead holder and do not see a quick upturn occurring here. I believe in the future but management have disappointed this year.

[papalpower] 26/2/2008 15:22

You can listen the results web cast at the link below :





Open this URL in Windows Media Player.

[gryphon2] 26/2/2008 10:36

back from dublin to read the results.. How come they had no idea that this was happening the Finance Director should be fired at minimum!

[papalpower] 25/2/2008 08:38

Financial Highlights

-- Revenues up 87.1% to US$201.8 million (2006: US$107.9 million)

-- Positive cash flow generated from operating activities of US$3 million
(2006: negative cash flow used of US$13.9 million). Cash flow generated
from continuing operations - US$10.1 million

-- Normalized gross profit up 51.3% to US$47.7 million (2006: US$31.5
million)

-- Normalized gross profit margin decreased to 23.6% (2006: 29.2%)

-- Normalized operating profit up 8.5% to US$12.5 million (2006: US$11.5
million)

-- Normalized net profit from continued operations down 15.2% to US$6.7
million (2006: US$7.9 million)

-- Cash and financial instruments as of December 31, 2007, were US$37.3
million

-- Effective tax rate reduced to 28.5% (2006: 30.9%)

-- Net loss for 2007 of US$6.1 million (2006: profit US$8.7 million)

-- Shareholders' equity of US$37.2 million

Business Highlights

-- Continued strong organic growth in revenues

-- Acquisition of the YTelcom group, announced June 28, 2007, a strong
strategic fit to the existing business, markedly widens Leadcom's reach
in Africa

-- Strengthened presence and continued momentum in various existing
territories

-- Significant, profitable growth in the Indian operation

-- Discontinued operations with a leading vendor in CALA, as a response to
unacceptable profit margins, leading to one-off costs recorded in 2007

-- Operational challenges in other countries resulted in decreased margins
in 2007

-- Strong order book and management restorative action provides visibility
and confidence in performance for 2008

The full audited accounts are expected to be published in approximately one
week.

Arik Alcalay, Chief Executive Officer, commented:

'We are obviously very disappointed with our performance in 2007. Although this
is Leadcom's fifth consecutive year presenting over 40% growth in revenues, we
failed to translate this growth into the expected profitability growth, as our
margins were significantly reduced in certain regions. Despite these problems,
operating cash flow generation was positive.

Actions are already under way to restore profit margins, reflecting management's belief that Leadcom's priority should be focused on profitability, followed by growth in revenues.

Looking at our targets for 2008, we will enter the year scaled for a lower level of operations in CALA but expect continued momentum in most of Leadcom's other territories, accompanied by rigorous cost control measures, and an absolute focus on restoring profit margins.'

[egoi] 25/2/2008 08:34

Problems in Africa as well as CALA, margins slashed and the company not forecasting what they will be for 2008; confident of an 'improved performance' in 2008 but no mention of a return to profit; 10 million loss in the fourth quarter, and worst of all imho:

'The decrease in Company's tangible net equity to US$29.1 million
(leading to a ratio of tangible net equity to total tangible assets of 17.9%)
has resulted in a breach of one of financial covenants with its banks, such
covenant requiring a minimum of 25% ratio of tangible net equity to total
tangible assets. The Company is negotiating a temporary waiver with the banks,
to cure this situation......'

I said I thought they might be in trouble - looks to me like I was correct.

[kielbasa] 22/2/2008 10:19

What has happened to the massive deal from India which was to come LEAD's way?