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| Share Name | Share Symbol | Market | Stock Type |
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| @UK | ATUK | London | Ordinary Share |
| Price Change | Price Change % | Share Price | Last Trade
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| 0.00 | 0.00% | 52.00 | 01:00:00 |
| Open Price | Low Price | High Price | Close Price | Previous Close |
|---|---|---|---|---|
| 52.00 | 52.00 |
| Top Posts |
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Posted at 25/11/2013 18:40 by harebridge Has anyone seen this weeks Investors Chronicle? Tech stocks that could 10 bag- but no mention of @uk/ cloudBuy! I love this quote from the latest proactive investors article:"The company's recent trading update revealed that business was good in the first half of 2013 and now the building blocks are in place in the form of the Visa deal for it to rake in significant revenues and turn a profit".http://www.p |
Posted at 16/11/2013 14:00 by safman If you look @ Nick's research.. he mentioned @uk technology being light years ahead of its peers.. The next generation b2b ecommerce marketplace..And he is correct.. In order to grow, you need to have large partners.. and if you look @ Ariba in detail.. they had the premise and the technology which attracted some of the largest organisation's in the world.. including Cisco.. Big names such of those led to a game changer ( i.e it was the domino effect..).. henceforth, @ its peak.. it was valued @ $46 billion... (tech boom times for those that were there..) There is an opportunity for both Visa and @uk.. Visa would not motion a name change to cloudBuy, if there were not looking to roll it out globally.. Nothing is without risk.. so investors should be looking @ all angles here.. One thing is for sure.. when looking to invest.. always try to make sure the directors of your company have a decent stake.. I think I've mentioned before.. Nigel Wray method.. That is good news for @uk investors as both the largest two shareholders are RD and DH.. saffy.. ps. the way Visa works is a good link to understanding how they make money.. You can see why @uk could be a money spinner for Visa.. pcard etc.. |
Posted at 14/11/2013 13:04 by illtud I'll just add one more thing, then I'll leave the topic.On my browsing of the boards, I've come across the suggestion that there are gangs of professional investors targetting the discussion boards of companies that seem on the up, like Cloudbuy, in order to influence other investors and the share price by dominating the discussion and mocking and abusing anyone attempting to have a reasoned discussion. Apparently, some of them have a particular dislike of newbies and try to drive them off. Rather like was tried with me. I don't know whether any of this is true but it certainly seemed to explain recent events. illtud |
Posted at 08/11/2013 22:38 by safman Best of luck Nick.. difficult as it is, 'time is a healer'.. the unexpected tends to hit harder.. I, personally would know that..I also work in IT.. and have been over the past 20 years.. so I completely concur with the problems sitting over 8 hours a day.. What I do now, , is to take a 1 minute break every 20 - 25 minutes.. It helps significantly.. With respect to @uk.. what your posts have actually done, is to explain to investors (novices alike) how the business model works and how @uk make money from the services provided.. an idiots guide.. which is exactly what investors need to understand to make an investment.. Visa have interests in two Aim companies, Monitise and @uk.. and you can see the impact.. in fact you can go all the way to Ariba in 1997 to see how that developed.. We are (imo) entering a new phase of technology, with the twitter float, they mention the tech bubble.. I don't think its that.. who knows, it may be that in 2-3 yrs time.. and if anyone remembers the tech bubble, it was a very silly point in history.. Ariba @ its peak, for example was valued @ $46bill.. Now you have focal points such as cloud and mobile.. etc etc.. I know for a fact, that cloud has a impact on small SMEs.. making businesses more efficient.. in terms of the medium to larger enterprises.. clearly a lot of thought is there.. some don't want to be left behind, looking to reduce TCO.. however, I think most will be looking hybird.. Nick, I hope you carry on posting, although I reckon through your excellent analysis, you've already achieved what was probably to be achieved.. and that is, a thorough understanding of the @uk business model.. for investors.. Best of luck.. saffy.. |
Posted at 07/11/2013 15:13 by andrbea I know little but..these other players OpenText and GXS (rulers of the Cloud and B2B in the USA), are they likely to takeover ATUK, now that ATUK is launching first in Australia with VISA? also: Open Text shares hit a record $87.99 on the Toronto Stock Exchange on Tuesday, up 71 per cent from the 52-week low of $51.38 at this time last year. Open Text shares started to take off in late April after the company introduced its first-ever dividend payment, which yields about 1.6 per cent. The company, trading at 13 times earnings, is considered cheap by some investors, especially in comparison to a few of its software peers. TIBCO Software Inc. changes hands at 20-times profits, Constellation Software Inc. at 17 times and Progress Software Corp. at 16 times, according to S&P Capital IQ. hxxp://www.theglobea |
Posted at 05/11/2013 09:26 by troutisout Illtud, I tend to agree with you on the long term future, but as an investor you must always look at all the risks, we are lucky in the Group has just listed them for us in the latest placing document.Risks related to the Group The Group operates in an evolving market The ecommerce industry is rapidly evolving. The Group's business and prospects must, therefore, be considered in light of the risks and difficulties the Group encounters operating in this evolving industry. These risks and difficulties: * difficulties in managing rapid growth in personnel and operations; * complex technology that may require substantial investment to keep up with technological developments; * lack of profitability to date; and * reliance on customers to change procurement habits and adopt the Group's cloud solution. The Group cannot be certain that its business strategy will be successful or that it will successfully address these risks. The Group's failure to address any of the risks described above could have an adverse effect on its business. The Group's platform depends on the proper operation of the real-time communication network (typically the Internet) used by the customer and the Company's hosting sites The Group relies to a significant degree on the efficient and uninterrupted operation of its computer and communications systems and those of third parties, including the internet. Customer access to the Group's platform and the speed with which customers and suppliers interact with the online process of the platform may affect the retention of clients of the Group and the attractiveness of its services. Any failure of the network generally or any failure of current or new computer and communication systems could impair the processing and storage of data and the day-to-day management of the Group's business. While the Group does have extensive disaster recovery and business continuity contingency plans, no assurance can be given that, if a serious disaster affecting the business, its systems or operations occurred such plans would be sufficient to enable the Group to recommence trading without loss of business. Furthermore, the Group has, from time to time, experienced operational ''bugs'' in its systems and technologies which have resulted in errors. The Group expects operational bugs to continue to occur from time to time due to a combination of one or more of the following: electro-mechanical equipment failures, computer server or system failures, network outages, software performance problems or power failures. The efficient operation of the Group's business systems and IT is critical to attracting and retaining customers. If the Group is unable to meet customer demand or service expectations due to one or more of the aforementioned issues arising, deterioration in the Group's financial condition and future prospects may occur. Information security may be compromised leading to loss of contracts and reputational damage The Group relies on encryption and authentication technology to provide the security necessary to effect the secure transmission of confidential information from its customers. The Group cannot guarantee absolute protection against unauthorised attempts to access its IT systems, including malicious third party applications that may interfere with or exploit security flaws in the platform and the Group's services. Viruses, worms and other malicious software programs could, among other things, jeopardise the security of information stored in a user's computer or in the Group's computer systems or attempt to change the internet experience of users by interfering with the Group's ability to connect with its users. If any compromise in the Group's security measures were to occur and the Group's efforts to combat this breach are unsuccessful, the Group's reputation may be harmed leading to an adverse effect on the Group's financial condition and future prospects. The Group may be affected by an increase in governmental regulation of the internet and/or online service provision The application or modification of existing laws or regulations, or adoption of new laws and regulations relating to the internet and online operations could adversely affect the manner in which the Group currently conducts its business. The law of the internet remains largely unsettled, even in areas where there has been some legislative action. In addition, the growth and development of the market for online service provision may lead to more stringent customer protection laws which may impose additional burdens on the Group, all of which may have an adverse effect on the Group's financial condition and future prospects. Any expansion by the Group through merger and acquisition activity may be unsuccessful The Group may expand through mergers and acquisitions. In identifying potential merger and acquisition targets, the Group would make every effort to ensure appropriate due diligence is carried out. Merger and acquisition activity, including the difficulties involved in integrating companies, businesses or assets, may divert financial and management resources from the Group's core business, which could have an adverse effect on the Group's financial condition and future prospects. In addition, there can never be a guarantee that mergers or acquisitions will successfully achieve their aims. Technological risks The Group operates in an industry where competitive advantage is heavily dependent on technology. It is possible that technological development may reduce the importance of the Group's function in the market. Staying abreast of technological changes may require substantial investment. The Group's existing platform may become obsolete or may be superseded by new technologies or changes in customer requirements. The technology used in the Group's platform is ever evolving and is highly complex and may change rapidly. If it fails to keep up with technological developments and the resulting changes in user behaviour, its business, financial condition and results of operations may be materially and adversely affected. The ownership of the intellectual property within the platform used by the Group may be challenged by third parties that have contributed to its production The Group's intellectual property has been developed by a number of individuals, most of whom were directly employed by the Group, but also by a number of external contractors. The Group is not aware of any third party that has any claim over the intellectual property of the Group, however, if it was proven that part of the Group's intellectual property was in fact owned by a third party, this could lead to third party infringement claims and other litigation, the removal of certain functionality from the Group's platform, a possible suspension of access to the platform and the business, financial condition and results of operations may be materially and adversely affected. Intellectual property protection The Group has no registered intellectual property rights in respect of its platform, however, under English law the Group would usually be protected by copyright over its source code. Any failure to protect the Group's intellectual property may result in another party copying or otherwise obtaining and using the platform without authorisation. There may not be adequate protection for the intellectual property in every country in which the Group's services are made available and policing unauthorised use of proprietary information is difficult and expensive. The Group may not be able to detect and prevent infringement of its intellectual property. Any misappropriation of the Group's intellectual property could have a negative impact on the Group's business and its operating results. Furthermore, the Group may need to take legal action to enforce its intellectual property, to protect trade secrets or to determine the validity or scope of the proprietary rights of others. Litigation relating to the Group's intellectual property, whether instigated by the Group to protect its rights or arising out of alleged infringement of third party rights, may result in substantial costs and the diversion of resources and management attention and there can be no guarantees as to the outcome of any such litigation. Litigation Whilst the Group has taken, and intends to continue to take, such precautions as it regards appropriate to avoid or minimise the likelihood of any legal proceedings or claims, or any resulting financial loss to the Group, the Directors cannot preclude the possibility of litigation being brought against the Group. There can be no assurance that claimants in any litigation proceedings will not be able to devote substantially greater financial resources to any litigation proceedings or that the Group will prevail in any such litigation. Any litigation, whether or not determined in the Group's favour or settled by the Group, may be costly and may divert the efforts and attention of the Group's management and other personnel from normal business operations. Expansion into overseas/new markets The Group's future growth may be impacted by its ability to generate business in additional geographical markets. There is no guarantee that the Group will be able to generate the required level of sales or profitability if the costs of entry into and operating in these new geographical areas prove to be higher than expected. Other anticipated barriers to entry include language and the legal and regulatory regimes of the territory concerned. There is also no guarantee that expansion into additional geographical markets will not cause disruption and harm to the Group's existing business. Geographical expansion may present money laundering and other legal risks on the Group As a function of the Group's growth, the Group may have future engagements in countries that carry money laundering risks, other legal risks and/or sanctions. The Group will monitor brief and project delivery from these territories and flag any suspicious trends. Dependence on key executives and personnel The Group's development and prospects are dependent upon the continued services and performance of its Directors, senior management and other key personnel. The loss of the services of any of the Directors, senior management or key personnel or a substantial number of talented employees, could cause disruption or the loss of experience, skills or customer relationships of such personnel, which could have a material adverse effect on the Group's business, financial condition and results of operations. Potential requirement for further investment Any future expansion, activity and/or business development may require additional capital, whether from equity or debt sources. There can be no guarantee that the necessary funds will be available on a timely basis, on favourable terms, or at all, or that such funds if raised, would be sufficient. If additional funds are raised by issuing equity securities, dilution to the then existing shareholdings may result. Debt funding may require assets of the Group to be secured in favour of the lender, which security may be exercised if the Group were to be unable to comply with the terms of the relevant debt facility agreement. The level and timing of future expenditure will depend on a number of factors, many of which are outside the Group's control. If the Group is not able to obtain additional capital on acceptable terms, or at all, it may be forced to curtail or abandon such planned expansion, activity and/or business development. Market risks The Group faces competitive and strategic risks that are inherent in a rapidly growing market. The Group's technology platform is complex and may contain undetected defects; problems may also be discovered from time to time in existing, new or enhanced services. Undetected defects could increase the Group's costs or reduce revenues. Market opportunities targeted by the Group may change and this could lead to an adverse effect upon its revenue and earnings. Competition Current and potential competitors of the Group may have substantially greater financial, technical and marketing resources, longer operating histories, larger customer bases, greater name recognition and more established relationships than the Group and so may be better able to compete in the Group's target markets. Reputation The Group's reputation is central to its future success, in terms of the services and products it provides, the way in which it conducts its business and the financial results which it achieves. Failure to meet the expectations of its clients, suppliers, employees, shareholders and other business partners may have a material adverse effect on the Group's reputation and future revenue. Dividends The Group's current policy is not to pay dividends. There can be no assurance as to the level of future dividends (if any) that may be paid by the Group. Any determination to pay dividends in the future will be a decision for the Board (and, except in the case of an interim dividend, will be subject to Shareholder approval) and may depend upon the Group's contractual restrictions, restrictions imposed by applicable law and International Financial Reporting Standards, from time to time, and other factors the Board deems relevant. The payment of dividends by the Group is subject to its having sufficient distributable reserves and cash for such purpose, each of which will depend on the underlying profitability of the Group. The Group's objectives may not be fulfilled Although the Group has a clearly defined future strategy there can be no guarantee that its objectives will be achieved. The failure of the Group to fulfil its strategy as currently anticipated (whether in whole or in part) may have an adverse effect on future Group revenue. The Group has discretion as to the use of the net proceeds of the Firm Placing and the Open Offer and may not use these funds in a manner Shareholders would prefer The Group's management will have broad discretion in how it applies the net proceeds receivable by the Group from the Firm Placing and the Open Offer. In addition, the Group is unable to determine how much of the net proceeds will be used for any identified purpose because circumstances regarding its planned use of the proceeds may change, although the Directors currently have no intention of departing materially from the purposes referred to in section 3 of Part I of this document. Investors will not have the opportunity to evaluate the economic, financial or other information on which the Group bases its decisions on how to use the net proceeds. The failure of the Group's management to apply these funds effectively could harm investor confidence and cause the price of the Ordinary Shares to decline. Visa Agreement In the event that there is a change in strategy by the management of Visa then this may impact on the success of the Visa Partnership and the ability of the Company to succeed with the new business model referred to in the letter from the Chairman set out in Part I of this document. |
Posted at 30/9/2013 13:34 by nick2008 Thanks Guy,I know but things happened so fast that there was no time to react - just went blank with sudden departure....... Forgot to mention - still not my best so am forgetting as well. Why did the share price go up on monday to 70p? Was the news regarding 1-14 share offer leaked? not sure but someone or few of them definitely wanted to get in to take the offer. The other aspect is - will these investors or institutions who buy shares at 33p sell them right away? RD is always in favour of those institutions who buy stock under the VCT scheme i.e. capital gains is free if sold after 3 years. And ATUK stocks can be bought under this scheme. So, Im pretty confident that institutions won't sell till 3 years from now. Remember earlier this year, when an institution was selling it had completed its 3 years of investing into ATUK (as informed by RD in AGM). Same was true for earlier institutions selling in the previous years. investors who buy this under 1-14 share scheme, are denying the institutions their stake in the 2nd part of funding (2m one) i.e. institutions have already agreed to buy all the stocks for 2nd part as well worth 2m, but there will be claw-back when the investors take their offer of 1-14 open share scheme. This makes it interesting as it creates a demand for this stock by institutions....don' with high price, the investors who bought at 33p will hold on more tightly than ever as they will be in profit.....thereby pushing the price further up. Conversely, these investors will only sell if they fear that price may drop.....even if they do sell, I doubt if they will sell the entire lot, but just a small percentage bought at 33p. Yump, may be, just my thoughts. RD raised funds for the G Cloud contract where DH funded ATUK with 100k (placings at @9p) just prior to supplier credit assessment date. RD could have easily pulled off the RNS last week and waited for few days, but didn't. I'm sure RD would have had to make a difficult choice to publish a RNS with placings at 33p when the price was in 60s. Why this decision? there is more to it than meets the eye and my bet is in RD preparing the firm for credit assessment prior to contract winning. DYOR, Nick |
Posted at 27/9/2013 12:21 by vasilis GoblinYou state :- 'From my somewhat limited understanding, am I correct in the assumption that Lima 2 is suited to individuals partaking in either trading, and not for the long term traders.' As no-one seems to have responded, allow me to enlighten you a little if I may as the kind of comment you make just re-enforces my view that in my experience no person should be able to deal DIRECT in the stock-market without first undergoing a basic and approved course in investment - including a basic overview of Level 2. Those wishing to invest in the stock-market without any training should have to go via an authorised and trained intermediary just as they would in any other activity which can be hazardous and detrimental to the financial wealth of the untrained. Why? Well in the same way that market professionals have to undergo a variety of training courses and, depending on their roles, also have to pass certain exams, private investors are at an even greater disadvantage if they do not have even the most basic training if they 'swim in the same sea' as professionals. After all, everyone has to pass a driving test - even if they just go on an occasional 'Sunday drive' - so as to be able to navigate our roads safely, yet untrained folks are free to dabble in a specialist area such as the stock-market where they have little or no understanding and can literally lose everything they have. No wonder up to 80% of private investors are said to lose money and thousands fall prey to illegal share scams every year because they can be duped due to their own ignorance of how markets really work. Make no mistake Goblin, ignorance is an investor's worst enemy and the price of going on a good basic course can be worth its weight in gold. I happen to have an MBA and also have attended many investment courses including an ADVFN Level 2 course many moons ago which has repaid itself many times over. And yet, I still regard myself as a 'student' in this area after over 30 years of trading and I still invariably learn something almost every day. You get to know who the knowledgeable posters are when you've been with ADVFN for as long as I have - and you also get to know those whose sole existence appears to be to prey on the 'sheep' - 'blind sheep' at that. So, whether you just buy the occasional share or trade regularly, please go on at least a basic investment course of some kind. If not, chances are that sooner or later you are going to fall prey to rampers and shysters who understandably most definitely do NOT want you to have your eyes 'opened' and will want you to place your money down to suit their - not your - interests. Still, that said, it is of course your choice in the end as it's your money. All I'm trying to say is that you greatly increase your chances of retaining and increasing your money through knowledge of how markets work. That way you will learn to separate the wheat from the chaff, or as the classic German saying goes : 'Scheisse glanzt nicht, wenn man sie poliert' (Sh*t doesn't shine however much you polish it). With best wishes in your future investments Vasilis PS: The above is only in answer to Goblin's general question, nothing to do with @UK per se which I bought some time ago after my own research and of course Nick's excellent BB. |
Posted at 22/9/2013 15:02 by tara7 Serica Energy plc - Moderated - SQZ kaii - 12 Aug 2013 - 18:57:48 - 5774 of 5856 Swooped, full analysis in my view would have been completed. There is 'another' reason why the results have not been published. It may be in part due to BP or other factors in the background, we may not know. A few years ago, Dominion Petroleum investors were awaiting the publication of the long awaited seismic for Kenya. Never materialised and the company was bought out by Ophir. I'm not for a minute suggesting that something similar may happen with Serica, however there is often something going on in the background that we as investors will not be aware of. "As a long term investor in Serica, I am content to wait for the story to unfold. I have confidence in the board, the assets and the lack if dilution over the number of years, a rare quality for aim listed oil producers/explorers. LOL.!!!! Down from 80p to todays few pence just about a five year low.!!! Now we know why you were not to happy to post your WINNERS.¬!!!!! |
Posted at 12/9/2013 22:24 by safman Q&A with Edi TruellAlec Macfarlane 05 Sep 2013 City financier Edi Truell's Tungsten Corporation this week announced its intention to float and clinched a deal after months of speculation as to what it would buy. Financial News speaks to the Duke Street founder about the deal. Q&A with Edi Truell On Wednesday Tungsten, a vehicle run by Edi, brother Danny, former ING banker Phil Ashdown, and ex-Duke Street partner Jeff Belkin, announced plans to raise up to £160 million through a listing on London's junior Alternative Investment Market. The vehicle, which is chaired by financiers including Peter Kiernan, the former head of UK investment banking at Lazard, will use the proceeds to buy a business-to-business invoicing network called OB10 for £99 million as well as the UK arm of First International Bank of Israel, which will be used to pay those invoices, for £30 million. Tungsten said in a statement that completion of each of the acquisition of OB10, the placing and admission is expected to take place next month. The news ends more than a year of speculation as to what Tungsten would invest in. Media reports have linked the financial services-focused vehicle to a number of deals, including a £600 million bid for the Co-operative Group's general insurance arm, and Equity Red Star, the troubled motor insurer. Financial News: Can you explain what Tungsten is? Edi Truell: It's a one-off vehicle. The idea of Tungsten was to find a financial services business to acquire. We've looked at various things. We got very close to buying motor insurer Equity Red Star. This [invoicing deal] is the one for Tungsten, and it ticks my box in the sense that it's got that global scale and the capacity to become really big and will hold my interest. FN: Can you explain the deal? ET: We've acquired the world's largest electronic invoicing network. It has 122 buyers, including Nestle, Apple and Unilever, and they provide suppliers with a cloud web page to submit invoices. Suppliers can press the green button for cash as soon as their invoice is approved, and automatically their money is transferred. We've bought a bank to give them that money, subject to Bank of England approval. It transacted over £100 billion of invoices last year, so there's an enormous flow of funds over the network. FN: Will the two businesses be incorporated into one entity? ET: I will be the group chief executive. For regulatory reasons we need to run the bank separately from the processing, so we'll have a separate team running the bank a friend of mine, [Tungsten partner] Phil Ashdown, will run that and we've got about 250 people around the world on the electronic invoicing. There's a third twist that we've also added. We've acquired an analytics license so that in real time the buyer can see that its supplier has overcharged them. For the first time, in real time, you can get down to the granularity of an invoice and make sure that the price is correct. FN: Given your private equity background, how similar is this to a traditional buyout deal? ET: It's not unlike some deals I've done in the past. Fifteen years ago we incubated Getty Images. The territory the equivalent to the invoice processing platform was to acquire millions of photos, and we then invested £12 million to digitise and distribute them by putting them on a CD and later the internet. It's not a dissimilar deal to that. It's all about having global scale, presence and being prepared to invest money into that global roll-out that will eventually yield a very significant profit. FN: Why have you chosen a listed structure for this, as opposed to a private fund? ET: In a private fund you typically have to sell out when you go public. We made six times our money in 15 months on Getty. When we sold it we took it onto the Nasdaq and if we'd been able to hang on which we weren't able to in a private equity fund we'd have made 30, 40, or 50 times our money. A lot of the money in this deal is from my colleagues on the board, the management team and I we're putting about £35 million on the line and I'd like to run that money for 10 years. I don't want to sell out too early. I really do want to build a big business here. FN: Who else is following a listed deal by deal strategy in the market at the moment? ET: Andy Higginson [the former Tesco Finance chief executive who leads W&G Investments, a UK-based group of institutional investors], trying to put together a bid for the RBS branch network. That's probably the closest comparator. FN: How easy is it to win auctions with this model? ET: It's bloody tough. I've risked a lot of my money and my colleagues' money and it's been spent on lawyers, accountants and brokers and all the rest of it because you've got to pull together a fully- fledged prospectus, do all your due diligence and everything else, which is not a cheap exercise. Even the best financed private equity firms are pretty nervous about doing this sort of thing. FN: What are your thoughts on the current private equity model? ET: I'm not a great fan and I've been fairly public about it, though it is slightly biting the hand that fed me. Too many private equity firms aren't adding a great deal of value and investors are beginning to realise that, and the cost of getting through the multiple structures is too high. With my London Pension Fund Authority hat on, the smart investors are looking at co-invest and deal by deal, but the flipside is you've got to be a smart investor and you've got to be resourced. You can't just sign up as a limited partner and see how they go in five years' time. You need to have pretty engaged people, and not many pension funds and insurance companies have got those sorts of people. --write to alec.macfarlane@wsj. saffy... |
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