Leadcom Integrated Solutions Share Discussion Threads

[papalpower] 01/6/2008 05:54

The Q1 webcast is worth a listen to for anyone interested :



Lots going on :

1800 employees reduced to 1450.
Focus on high margin countries only, from 40+ countries focus now on circa 20 countries.
Countries walked away from, moved to "dormant" status - easy to start up again should opportunities at decent margin arise.
Impact of this move on revenue minimal, impact of margin expected to be great.
North America and South America merged into just one America's area, with one GM.
New Chairman
Dual listing happening very soon - to be TASE and AIM listed.
Benefits of changes made in Q1 will be seen mostly from Q2 and Q3 onwards
Asia-Pacific and Africa business growing well.


Concerns for margins going forward :

Weakened dollar - effect via impact on Israeli operations as Shekel strengthens.
Steel prices - could effect.

Outlook for 2008

280m US$ revenues for FY.
Better margins than Q1 going forward, Q1 08 better than Q4 07 - continuous improvement target.


etc....... worth a listen.

.

[longsight] 30/5/2008 12:50

sp going down again.

another pp classic

[papalpower] 30/5/2008 09:48

Yes, did not expect the Old Lane deal to go through in the present enviroment. Provided Leadcom are now "cherry picking" only the good deals, and reducing their order intake, then all that cash held up in working cap flows back into the business, which will satisfy outgoings.

Was the Old Lane offer just a way of preventing Electra from getting a load of cheap shares ? Might have been just a blocking measure ? And of course, they can now actually pick up perhaps 5m to 10m shares at 17p. Money better spent at this price, rather than 31p.

Did well to be cash flow positive whilst paying off all those redundancy costs in Q1, less of these costs in Q2, as well as more cash flow in from reducing debtor days should be hoped for at the interim results.

They can manage their way out of their problems, provided they do things correctly. If they fail, then a nasty panic fund raising will have to happen and dilute the hell out of things.

If they manage to manage their way out, they will end up in quite s strong position.

Not for the weak hearted as it contains plenty of risk.

So time to sleep this thread until interim results later this year.

[haywards26] 30/5/2008 09:04

Offer talks terminated due to current market conditions. Sounds like Old Lane were not willing to pay 31p/share when Leads current share price is nearly half that.

Good and bad news I think. Good if Lead can manage to meet liabilites and working capital from existing funds, as will mean no dilution to current holders. Bad news if they will have to look elsewhere for funds as dilution would be at a much greater extent.

IMO Lead will only be able to fund themselves as currently, if they are now profitable. Lack of profitability will mean extra funding required to meet all liabilites and ongoing operations.

[longsight] 29/5/2008 11:52

sp going down again.

another pp classic

[longsight] 29/5/2008 11:52

sp going down again.

another pp classic

[longsight] 29/5/2008 11:51

sp going down again.

another pp classic

[haywards26] 27/5/2008 08:58

Hmm results could have been better. Loss for period and only just cashflow positive. As per above looks like funding from Old Lane will be required.

Cost cutting measures in place, but the restructuring is hurting. Am surprised at the speed of decline, from steady profits and cashflows to the sturrgle we are currently experiencing.

Improvement on prior quarter, but less than I was hoping for. Share price will be sat in this region I would expect for a while now.

[haywards26] 23/5/2008 13:50

Ahh just taken off Leads website. Results on Tuesday. Fingers crossed for a return to profitability.

27/05/2008
Q1 2008 Financial and operating results

[haywards26] 23/5/2008 13:46

A week to go until the deadline on the due diligence with Old Lane, hopefully the outcome will be favourable to Lead, and some uncertainty can be removed.

If the Old Lane investment goes through we should start to see a move up in share price to the 30p levels IMO

They are taking their time getting the Q1 results published though!

[longsight] 16/5/2008 14:44

pp - start talking

[longsight] 16/5/2008 11:47

sp going down again.

another pp classic

[longsight] 15/5/2008 10:18

Suckers's rally.

Looks like a sell signal. At least can save 17p - better than 2p in 1 year time.

pp's ramps are reliable sell signals.

[papalpower] 15/5/2008 02:00

Well, it just 0.25p on the mid price my long term holding will be on the turn into profit.

The seller has stopped selling so much past few sessions, in fact today being the first that they were totally absent.

Buyer still there, and pushing the share price up 0.25p at a time, obviously testing the water to see if the seller is finished, or is just waiting for the share price to rise a bit before selling more.

Can LEAD deliver good news ? or will it be more warnings and trouble ? Only time will tell now. Enjoy.