Leadcom Integrated Solutions Share Discussion Threads

[papalpower] 28/6/2008 01:03

Getting near to 21p bid now (which is lovely when you have a holding at 19p level).

Still awaiting news of the TASE listing which is said to be "imminent".

That will really drive the buying of LEAD once we get all those potential investors, and of course stock can be moved off of AIM on to TASE - which will no doubt happen should there be sellers in London and buyers in TA.

[papalpower] 27/6/2008 00:29

Yes, its nice to see more blue :)

[haywards26] 26/6/2008 17:23

A nice little uptrend developing :) Still incurring a massive paper loss, but hope that the management here can rectify the performance here.

Still feel 30p is fair value for present situation.

[papalpower] 24/6/2008 15:57

Nice and blue again, and my 19p average holding is showing a lovely profit :)

For now anyway............LOL :)

[madalex] 24/6/2008 15:29

Tension building in the Middle East again.

VERY high risk to be investing in an Israeli stock these days.

[madalex] 23/6/2008 14:52

Not looking good for LEADCOM's profits in the Indian market.



Thats got to hurt when they next announce results.

[papalpower] 20/6/2008 11:45

Into a nice little profit for me now :)

Lets hope it keeps up, would be lovely to make a good few percent now. Still waiting for the TASE dual listing news.

[madalex] 18/6/2008 20:07

Oh dear I see PP has been ramping the latest rise on his thread.

Trying to suck some lemmings into buying some stock.

Poor old PP, he has been ramping this all the way from 90p down to 15p.

Avoid like the clap.

[longsight] 15/6/2008 14:49

pp always ramps the suckers' rallies.

remember pp = lol.

[papalpower] 14/6/2008 00:56

Haywards, as posted earlier this week, the seller stopped placing sell orders. They are either now cleared out, or are waiting for the price to go higher before resuming again.

[julianc35] 13/6/2008 17:33

Old Lane probably pulled out as they are being closed down by Citi.

[haywards26] 13/6/2008 17:17

I wonder if there is an RNS on its way? Would explain the todays rise and lack of selling! :)

[papalpower] 13/6/2008 15:41

Well well well, my long term holding is now back in profit :) The decision to average under 19p so far has paid off then, better make the most of it before the seller comes back ;) LOL

[papalpower] 13/6/2008 07:57

As its happening soon, some info.




Dual Listing

Table of contents
Why Should Companies Dual-List?
Why is Dual-Listing Good for Israeli Investors?
Who can Dual-List?
How to Dual-List on the TASE
After Listing – What are the Reporting Requirements?
Private Placements to Employees and Others
Delisting - Company's Initiative
Listing of Companies not Incorporated in Israel


The TASE offers companies traded in the U.S.A. and U.K. an attractive way to dual-list their shares on the TASE. Companies whose shares are traded on the NASDAQ, the New York Stock Exchange (NYSE), the American Stock Exchange (AMEX), or the London Stock Exchange (LSE) Main Market can dual-list on the TASE. Dual-listing is easy and simple, does not impose any additional regulatory burden, and does not entail significant costs.

Dual-listing has many advantages for the company and its employees, as well as for investors and for the securities industry in Israel.

The advantages of dual-listing have led more than 35 companies to list on the TASE under the terms of the Dual-Listing Law.


Why Should Companies Dual-List?
· The "home market effect" – these companies are renowned in Israel.

· More Israeli investors, both institutional and private.

· Index linked Notes and Mutual funds invest in companies that are included in all of the TASE's major indices.

· For TA-25 companies – investors who trade in options on this index.

· Capital can be raised on the TASE through convertible securities (convertible bonds, and warrants). The minimum required capital raised is lower than abroad.

· Continuous trading from 9:45 AM to 11:00 PM (Israeli time), for companies listed in the U.S.

· The Israeli Market can be beneficial during unfavorable sentiments for a specific company in foreign markets.

· Exercising options by employees is convenient and at a low-cost.

· The dual-listing procedure is easy and simple.



Why is Dual-Listing Good for Israeli Investors?
· Transaction costs are very low compared to fees in stock markets abroad – fewer middlemen, no need for currency conversions.

· Convenient trading hours, suited to business hours in Israel (trading in the U.S. only begins at 4:00 PM, Israeli time). Trading on the TASE continues on Sundays and other global stock market holidays.

· Diverse investment possibilities on the TASE.



Who can Dual-List?
· Companies traded on the U.S. stock exchanges NYSE, NASDAQ, or AMEX, or on the LSE Main Market, for at least one year. Companies traded on these markets for less than one year may dual-list, under the Dual-Listing Law, provided their market capitalization is greater than $150 million. Companies on the NASDAQ Small-Cap list that have traded for at least one year are additionally required to have a minimum market capitalization of approx. $30 million at the listing date.

· All companies are required to have one type of share in their issued capital.



How to Dual-List on the TASE
· Publish a registration form, including only technical information about the company and its issued securities.

For companies listed on U.S. stock exchanges – enclose the most recent periodic financial report submitted in the U.S., and a copy of disclosures published since the periodic report. (If the company has not yet been required to publish a periodic report, it should attach the prospectus used for the IPO in the U.S.). If a prospectus was published during the year preceding the year of the periodic report, or after the date of the periodic report, it should be enclosed as well.

For companies listed on the LSE – enclose the most recent periodic report published in the UK and the most recent prospectus approved by the UK Listing Authority (or a later report that includes disclosures that are identical in essence to the disclosures in the prospectus approved by the UK Listing Authority). Also enclose a copy of disclosures published since the publication of the most recent periodic report.

· No translation into Hebrew is required for documents submitted abroad.

· Open an account with one of the four banks' Nominee Companies.

· Trading begins three trading days after publication of the registration document.

· Exemption from listing fees and annual fees for the first year.



After Listing – What are the Reporting Requirements?
· Financial statements and all other disclosures submitted abroad are also submitted in Israel, in exactly the same format (no translation into Hebrew required).

· Financial statements are submitted according to the schedule that applies abroad. Immediate reports required abroad are submitted in Israel according to the schedule specified in Israeli regulations.

· A copy of reports, received by the company, concerning changes in holdings of interested parties must be submitted in Israel as well.



Private Placements to Employees and Others
· For employees – the rules applicable abroad apply.

· In other private placements, if a disclosure was published abroad, it must be submitted in Israel as well.

· Exemption from TASE requirements regarding private placements.



Delisting - Company's Initiative
Shares can be delisted from the TASE with a three months notice.


Listing of Companies not Incorporated in Israel
The Israel Securities Authority (ISA) can allow companies incorporated abroad to list under the dual-listing procedure.

[papalpower] 11/6/2008 15:01

Sell side of the order book now clear.

Question is, was Arik buying the signal that finally, after many months, the overhang is nearly clear ?

Or will another load of sell orders appear later.

All good fun.

[studhaves] 09/6/2008 13:07

Hows the recovery going PP?

When you started & named this thread it was about 30p - its now 15.5p





Another PP classic!

[papalpower] 06/6/2008 04:44

Leadcom CEO increases stake

Old Lane called off talks to acquire the company.

Tali Tsipori 4 Jun 08 15:02

Leadcom Integrated Solutions Ltd. (AIM: LEAD) CEO Arik Alkalay yesterday bought 200,000 shares of the company at £0.16 per share for a total of ₤32,000. He now owns 2,091,300 shares, representing 1.74% of the company's issued share capital worth about ₤330,000.

Leadcom builds mobile and transmission networks. The company today traded at ₤0.165, giving a market cap of ₤19.9 million.

Alkalay is the only Leadcom executive who has put his money where is mouth is. Some parties at interest in the company are selling their stakes. Sphera Masterfund LP has sold shares to reduce its holding to less than 3% and Rathbone Brothers plc (LSE: RAT) has done the same. Elco Holdings Ltd. (TASE: ELCO) has sold no shares, and still owns 9.5% of the company, Pamplona Global Emerging Markets Fund has increased its stake in the company in February, and AXA Investment Managers owns 6.30%.

Last week, Leadcom announced that it and Old Lane (UK) LLP have mutually agreed to terminate the acquisition process by Old Lane, "due to current market conditions."

Published by Globes [online], Israel business news - www.globes-online.com - on June 4, 2008

[papalpower] 05/6/2008 02:27

What will change the chart ? Perhaps the TASE listing will and its due anytime now.

If Israeli retail investors like the stock, they will buy it, stock will get transfered over from AIM to TASE to fulfill demand, and demand is what makes stocks rise.

The TASE dual listing also means of course LEAD becomes ISA'able.

They said "imminent" so hopefully not too many months now until its live on TASE.

They have also intimated in the results that Q2 and Q3 will see the benefits of the changes they have made, so getting the TASE listing done before interims is key, as it offers at least 2, if not 3 sets of results (Interims, Q3 and then prelims) where they should be saying good things. That will boost the confidence of investors on the TASE.

[phil2003] 04/6/2008 15:46

Haywards "CEO buying shares. Trying to inspire some confidence after the Old Lane withdrawal I would imagine"

spot on (imho) transparent & a worry so soon after talks broke down, he should wait till Oct this year atleast, lead will see 10p imho.. what excactly is going to change the current "chart frown" upside down ?? Maybe the investment credit crunch will suddenly stop next month, (banks and mobile infastructure investment alike) LOL.

anyhoo, that's probably a deramp, I'm staying 75% in cash till atleast Sept/Oct whatever happens.

[haywards26] 04/6/2008 11:38

Exactly. Would inspire some confidence in that the major forces within Leadcom are confident they can work themselves out of the trouble they have got us all in!

[papalpower] 04/6/2008 01:28

Would be nice to be followed by the FD buying some, and next week the new Chairman, and then other execs.

[haywards26] 03/6/2008 16:58

CEO buying shares. Trying to inspire some confidence after the Old Lane withdrawal I would imagine.

June 3, 2008, Hod Hasharon, Israel - Leadcom Integrated Solutions Ltd.
('Leadcom' or 'the Company', AIM: LEAD), a leading international provider of
innovative telecommunication solutions, announces that it was informed today
that Arik Alcalay, Chief Executive Officer of Leadcom, today purchased 200,000
ordinary shares of Leadcom at £0.16 per share. Mr. Alcalay now holds 2,091,300
shares, representing 1.74% of the Company's issued share capital.

[papalpower] 03/6/2008 12:07

Pulls Out of Talks

2008-06-02

Independent, The; London (UK)


By NICK CLARK

Small Talk

The tremors from the credit crunch continue to hit companies listed on the Alternative Investment Market. The latest group to feel the after-shocks is a company that was fted last year as the top international group on AIM. Leadcom Integrated Solutions suffered last week as a Citigroup-backed hedge fund walked away from providing a $15m (7.6m) cash injection after two months of talks, blaming the state of the market.

The Israeli telecoms company said on Friday that Old Lane, the hedge fund set up by the recently appointed Citigroup chief executive, Vikram Pandit, had pulled out of talks. It was the second time this year the group had lost potential financing partners.

In a statement, Leadcom said it and Old Lane had "mutually agreed to terminate the process by Old Lane, due to current market conditions".

Old Lane first approached Leadcom in February, and made a "non- binding offer for an investment" in early March. At the time, the hedge fund had a 4.15 per cent holding in the telecoms firm. The initial plan was to subscribe to a further 24.6 million shares at 31p each, to raise its stake to 18.9 per cent.

The reasons for Leadcom to encourage the investment were clear. "The injection of funds into Leadcom will improve the company's balance sheet," the group said. The investment would allow it to fund "additional opportunities in the Indian market," a particular focus for the group in the past year. Old Lane was also to provide two directors to the board.

The collapse of the talks will be a blow; especially given Old Lane's approach helped to kill a rival offer of a cash injection. In February, Leadcom signed an agreement with the Israeli group Electra. Leadcom was to issue 28 million shares for 7.8m, which would bring Electra's holding to 18 per cent of the share register. The talks collapsed at the end of March, with Electra blaming the fall in Leadcom's share price, its belief that Leadcom's shareholders would not approve the deal, and the emergence of Old Lane.

Leadcom was set up in Hod Hasharon in 1982, and was listed on AIM in 2005. It provides fixed mobile and transmission networks and has working agreements with brands including Nokia-Siemens and Ericsson. It enjoyed a strong 2007, including signing a $9m five-year agreement with an Indian mobile phone operator, culminating in being named the AIM International Company of the Year in October, an award presented by AIM to companies incorporated outside the UK.

[gryphon2] 03/6/2008 08:58

$280m of revenue forecast market cap £20m ... someone will have a pop at these to get hold of the revenue .. strip out the overheads and have an instantly profitable business!