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| Share Name | Share Symbol | Market | Stock Type |
|---|---|---|---|
| Beeks Financial Cloud Group Plc | BKS | London | Ordinary Share |
| Price Change | Price Change % | Share Price | Last Trade
|
|
|---|---|---|---|---|
| -1.50 | -0.85% | 175.00 | 08:45:26 |
| Open Price | Low Price | High Price | Close Price | Previous Close |
|---|---|---|---|---|
| 176.50 | 175.00 | 176.50 | 175.00 | 176.50 |
| Industry Sector |
|---|
| SOFTWARE & COMPUTER SERVICES |
| Top Posts |
|---|
Posted at 19/2/2024 08:02 by masurenguy Another recommendation !Beeks Financial Cloud Interactive Investor This technology firm provides financial-services companies with the digital infrastructure (such as cloud-computing and analytics) they need to run their operations. News of major progress on contracts has seen the shares surge by 50% this month and may herald an “inflection point”. Switching providers is a headache, so in this industry, clients tend to stick with their contracts and earnings are reliable. That could eventually open the way to a rerating or a takeover by a bigger industry player. 140p |
Posted at 06/2/2024 16:17 by philly cheesesteak Worth listening to the October investor meet company call again. One question asks what a large exchange deal looks like, the answer was around $50m over 4 years. This was based on the top 5 exchanges each having around 800 customer racks in their data centres, of which 200-300 might be available to BKS. If they got 20% of that then it would equal $50m. Today's deal is with "one of the largest exchange groups globally", does that mean one of the top 5?Gordon goes into detail about how long the due diligence process has been for the second client after Johannesburg, and that the deal size would be much larger than that deal, which sounds like it may end up in the middle of their £5-20m estimated size. $12.5m incremental revenue per annum on top of the £39.6m Cannacord forecast would certainly move the needle. |
Posted at 11/7/2023 09:01 by maddox I was reading in the FT that data from global funds network Calastone showed that investors moved £662m out of equity funds in June. Whereas, £1.38bn went into fixed income and money market funds, presumably attracted by rising Interest rates and avoiding falling equities in the face of an expected recession. June was the 25th consecutive month of equity outflows.The Chronic Investor also reported that the share of the UK stock market now owned by UK pension funds and insurance companies has declined from 39 per cent to 4 per cent. It didn't specify a timeframe but I assume it's over a few decades. Clearly, this is the underlying reason the UK is comparatively cheap. |
Posted at 12/6/2023 18:11 by masurenguy Shareprice has just continued to drift down to circa 110p in the absence of any news since the excellent interims circa 15 weeks ago. It's now at a two year low so it could be quite an opportune time for new investors to take a position or for a top up by existing investors. |
Posted at 03/1/2023 16:09 by masurenguy Shareprice is down by almost 40% from the ATH last April and is also at a 21 month low. Its also 27% below the oversubscribed fund raising last April. No discernable reason for this decline since the business continues to expand and the profitability continues to increase. AIM stocks have generally been hit by 30% - 40% falls over the past year and although the Beeks valuation remains rather rich, it still has a strong business model surrounded by a good moat. Looks like this could be a good point to add or for new investors to climb aboard. |
Posted at 07/10/2022 15:49 by masurenguy Beeks will publish their final results for the year ended 30 June 2022 on Monday 10 October followed by a live investor presentation via the Investor Meet Company platform on Thursday 13 October at 13.00.Worth remembering the y/e trading update that was issued almost 4 weeks ago. "Beeks has delivered a record trading performance in the year, delivering growth on the prior year and in line with upwardly revised market expectations. The Group has exited the year with Annualised Committed Monthly Recurring Revenue of over £19.3m, growth of 40% on the prior year, providing a strong basis for further growth in FY23. "The success of Proximity Cloud and Exchange Cloud have contributed to a fantastic trading performance in FY22 and we enter the new year with a record sales pipeline and confidence in our ability to continue to capitalise on the significant opportunity ahead." Gordon McArthur, 12 September 2022 |
Posted at 25/9/2022 08:18 by masurenguy Some good advice from AJ Bell which could apply to Beeks as a long term hold. DYOR."An economic downturn is difficult for all businesses, but can be particularly challenging for smaller firms. Coupled with the fact that the average UK smaller companies fund has dropped by over 20% this year already, investing in such businesses may seem counterintuitive. However, AJ Bell argues that those price drops present investors with the opportunity to build a decent position in a more affordable way. Should those businesses grow in the years ahead, then you will have got in at a cheap level." |
Posted at 14/7/2022 11:15 by masurenguy Beeks slipping back into bargain territory close to the lows of last August. Daily trading volumes have been below average for the past couple of months with no news since the positive interims/PC contract announcement in March, other than the recent launch of Exchange Cloud. Current price is now 20% below the "significantly oversubscribed" fundraising 3 months ago so it could potentially be a good entry point for new investors or for a top up by existing shareholders. No advice intended - DYOR ! |
Posted at 06/5/2022 16:57 by ali47fish this has now reached the placing offer price- does it still represent a good entry - any comments from savvy investors please! |
Posted at 25/3/2022 15:38 by masurenguy Post #222 - interesting analysis Riv, which is perfectly reasonable if one is just utilizing conventional financial metrics to try and determine a realistic valuation equation. However, this is a leading edge tech company and momentum, potential and first mover advantage are all relevant factors in determining potential valuation.Below is a link to the company investor presentation on the recent interim results that was made yesterday if you, or any other potential investor, would like to explore their business model further. I first invested here some three and a half years ago and when the price hit 200p circa 6 months ago this became a 3.3 bagger for me. I felt that it had run ahead of itself at that point so therefore I sold just over a third of my shares @198p to recover my complete investment and have kept the rest as a long term free asset, so I remain positive on their future potential. In due course I am certain this will be acquired by a larger operator, probably a financial broker like IG or Cantor Fitzgerald, who could derive greater integration/cross pollination value from both existing and legacy clients. I note that someone has provided an interesting alternative perspective which I have reproduced it below. I don't endorse or critique either view - everyone must draw their own conclusion and the company presentation and the two different views can contribute to that process. "The writer doesn't appear to understand Beeks business or opportunity at all, which is a shame really as it is the least I'd expect from someone commenting and writing on the company. I would perhaps direct them to the recent investor meet presentation to get a more informed view. The current cloud opportunity to financial institutions is huge. The revenues are phenomenally sticky, annually recurring and tend to run for many years. The company has gained a distinct momentum now with a key inflexion point reached of being credible & accepted in tier 1 financial institutions as a private cloud provider and will benefit from the herd effect. The current opportunity does require a reasonable amount of upfront capital on hardware though and management are quite open on this. They took the decision to invest the additional revenue into the business as there is a high operational gearing effect in future years, all noted in the recent contract win RNS's. The extra capital is being addressed in a couple of ways. Firstly by making some changes to contracts whereby money is paid upfront to fund that capital requirement. Secondly by looking to enhance the balance sheet. It could, as the writer says, be an equity raise but they are actually exploring asset financing and debt as well. The former appears to be the preferred option. So the business invests in growth that plays through as annual recurring revenue. As the investment phase slows down the profits shoot up. In my opinion the business could easily be doing 10p+ of eps in the next 24 months if they so wish. I suspect it is likely to be bought out at some point though. Generally these type of businesses with valuable preferred supplier statuses in top tier financial institutions go for high multiples. I can think of a number in the 40* earnings bracket in recent times. Of course the writer should know much of this if they had researched a bit more throughly in my view. A disappointing piece." |
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