Beeks Financial Cloud Share Discussion Threads

[ali47fish] 29/7/2019 18:35

does any one know when the next update is?

[masurenguy] 23/7/2019 16:30

Small top up today.

[melody9999] 23/7/2019 13:02

Sold out today. Suspect that the good news is in for a while now. Guess they will meet 'market expectations' for 2019 but what next? Total respect for Gordon McArthur and wish BKS well..will watch with interest. GLAH.

[masurenguy] 23/7/2019 08:10

A strong second half and two new significant customers !

[5chipper] 23/7/2019 07:11

Good news well done Gordan and co.

[masurenguy] 11/7/2019 08:05

An interesting partnership ! IPC is a privately owned US corporation with annual sales of $500m. They are owned by a private investment company, Centerbridge Partners, who have $25bn in capital under management. They could potentially be an acquisition predator for BKS in the future.

Beeks Financial Cloud Group PLC Beeks Financial Cloud partners with IPC

Glasgow, July 11(th) , 2019 -- Beeks Financial Cloud Group Plc, a cloud computing and connectivity provider for financial markets, is pleased to announce a collaboration with IPC Systems (IPC) a leading global provider for the financial markets community, delivering secure, compliant communications and networking solutions. IPC will act as the preferred vendor for Beeks' global WAN infrastructure, while Beeks will be the preferred cloud vendor for IPC's Connexus Infrastructure Services, underpinning and providing infrastructure for IPC's Connexus Cloud customers. This collaboration delivers a unique opportunity for customers to benefit from IPC's market leading network ecosystem and Beeks' leading financial cloud.

IPC is a global provider of mission-critical network services and trading communication technology to the financial markets community. With complete focus on this sector and over 40 years of expertise, IPC provides customers with integrated solutions that support traders and participants across the entire trade lifecycle including sell-side and buy-side financial institutions, inter-dealer brokers, liquidity venues, clearing and settlement firms, independent software vendors, corporate finance departments, financial information exchange providers and market data providers. IPC’s offerings include a unified communications/application platform, award-winning trading positions, managed voice and data connectivity solutions, compliance technologies, infrastructure management and a suite of enhanced service offerings. IPC’s global reach extends to more than 60 countries – including a network of 5,000 customer sites over 700 cities and an installed base of approximately 120,000 trading positions deployed worldwide. Headquartered in Jersey City, New Jersey, IPC has over 900 employees located throughout the Americas and the EMEA and Asia-Pacific regions. IPC’s mission is to continually innovate to support collaboration across the global financial community and address our clients’ needs in an ever-changing landscape. For more information, visit www.ipc.com.

[carcosa] 19/6/2019 09:40

Am not a shareholder of BKS but have been following the story since IPO. It will be interesting to see how they develop over the medium term (years) and whether they see things like Starlink as a threat or opportunity (presumably can piggyback on the network?)

Details here:
But perhaps from 10:30 onward is more relevant to Beek's business model (?)

[melody9999] 18/6/2019 11:36

Nobody will be more disappointed in this share price drop than the CEO Gordon who owns 50%+ of the shares. I attended the recent Mello conference where he acknowledged that the sales cycle for the tier 1 customers was longer than expected. However he manages the business very prudently and I know he will also control costs / capex very tightly dependent on sales activity. I think patience will be rewarded here.

[cockerhoop] 18/6/2019 10:32

Perhaps this?

[blondviking] 18/6/2019 10:30

Why the big drop today?

[masurenguy] 14/5/2019 07:49

Beeks Financial Cloud Group PLC
14 May 2019

Beeks Financial Cloud expands into second Equinix New York datacentre

Beeks Financial Cloud Group Plc, a leading low-latency Infrastructure-as-a-Service (IaaS) provider for financial markets, is pleased to announce that it is growing its portfolio of datacentre locations by deploying in the NY5 New York datacentre of global interconnection and data centre provider Equinix. In addition to this, Beeks has extended its current rackspace in Equinix's LD4 datacentre in London by taking a third cage. With presence in a total of eleven datacentres currently, this move allows Beeks to continue to increase its offering to customers, supplying the opportunity for further connectivity options to financial exchanges from the new location. It also allows the company to scale its current Equinix footprint by expansion into these particular datacentres, with Beeks running at nearly 200kva of capacity within Equinix sites. The Beeks Cloud will now operate within ten Equinix datacentres globally, providing ultra-low latency hosting and connectivity within and between these sites.

Russell Poole, Equinix's Managing Director for the UK and The Nordics, commented, "Beeks Financial Cloud is a key player in our financial services (FS) ecosystem, and it's great to have them doubling their footprint in two of our leading FS markets - London and New York. By expanding in both LD4 and NY5, Beeks can offer its customers latency in the region of 30 milliseconds between the two cities - a crucial advantage in the trading world."

Gordon McArthur, CEO of Beeks Financial Cloud, commented, "We are delighted to strengthen our partnership with Equinix by expanding in these sites. The London LD4 datacentre has always proven a popular location for our customers and it is satisfying to be able to continue to meet this demand by adding our third cage. An additional New York site will bring further hosting and connectivity options to our clients."

[masurenguy] 09/5/2019 10:35

Interesting synergetic acquisition !

RNS Number : 4392Y
Beeks Financial Cloud Group PLC
09 May 2019

Acquisition of Commercial Network Services

Beeks Financial Cloud Group plc (AIM: BKS), a cloud computing and connectivity provider for financial markets, is pleased to announce it has acquired the assets of Commercial Network Services ("CNS"), a US-based online service provider, for a total consideration of up to $1.4m.

Highlights

-- CNS specialises in hosting low latency algorithmic trading systems, virtual private networks and streaming media from data centres in London, New York and Los Angeles.

-- Founded in 2000, CNS provides services to approximately 1,000 retail traders across multiple geographies.

-- CNS has annualised recurring revenue of approximately $1.0m and delivered a profit before tax of $0.17m in the year to 31 December 2018.

-- The Transaction brings additional customers and datacentre locations to Beeks' retail offering and is expected to deliver cost synergies.

-- The Transaction is expected to be earnings enhancing within the first full year of Beeks' ownership.

This Transaction is in line with the Group's stated strategy to grow both organically and through tactical and strategic acquisitions. With an established customer base, high levels of recurring revenue and strong service offering, the Transaction adds both scale and cost-synergies to Beeks' retail trader offering. Under the terms of the Transaction, $1.3m will be settled in cash on completion (the "Initial Consideration") with $0.1m held as retention subject to satisfactory completion of warranties (the "Contingent Consideration"). The Initial Consideration and Contingent Consideration will be financed out of the Group's existing cash balance and banking facilities.

Gordon McArthur, CEO of Beeks Financial Cloud commented:"At the time of our IPO we stated our belief that the fragmented nature of our industry would provide us with the potential to augment our organic growth with both bolt-on and strategic acquisitions. Commercial Network Services is a profitable business whose services reflect those we offer to retail traders. The business therefore fits well within our acquisition criteria and we anticipate will be a valuable addition to the Group."

[sharesoc] 22/4/2019 15:09

Beeks Financial Cloud are exhibiting at Mello2019 which may be worth attending
ShareSoc have a special discount for our full members to the Mello2019 show! So, if you are planning on going to the Mello event it may be worth joining us as a full member too here:
You can save up to £60 on the £149 ticket if you join ShareSoc!

[davidosh] 18/3/2019 20:41

Just to let you all know that Beeks Financial will be exhibiting and presenting at the Mello2019 event on Thursday 16th May



They will almost certainly be doing two presentations so one in the morning and one afternoon.

More info and tickets here... If you use the code ADVFN30 you will be able to receive a 30% discount off the ticket price

[melody9999] 04/3/2019 15:55

Hmmm - listening to that they have obviously had some challenges, and they are not close to landing the large tier 1 deal that would provide a step jump in revenue. I like the business and know that as the largest shareholder Gordon will be keen to make it happen - just don't hold your breath in terms of timescale.

I have halved my position and am probably happy to await developments with that reduced level of exposure - suspect the share price may stay around 80 - 100p in the near term.

[tomps2] 04/3/2019 14:28

Here's the results presentation given by Gordon McArthur (CEO), and Fraser McDonald (CFO), last week.



(Audio and slides, c.40 mins.)

[windsor430] 28/2/2019 18:05

Sometimes i wish I did charts - bit old school in having a shortlist of co’s & prices I’m waiting to pay. Seen too many climb whilst others suggested it’d drop further. Smaller caps have seen some big recent losers like ACSO, XLM, PLUS etc, which seemingly to Chartists predict the end of many!

[hpcg] 28/2/2019 16:53

I bought in in the 80s, last August, some more at 117p on 26th September and sold them all at 132p on 3rd October when it went a bit vertical. The rise at the end of 2018 looked interesting, tempted me to think someone knew something, but then that sold off. High growth, and high quality growth is definitely worth paying for but erratic growth isn't. I bought in on the chart leading up to the 29th Aug finals, and happy to hold and add on the strength after that.

After I posted I went short actually, seemed foolish not to; the chart is awful for one. Cash is down, and anything "broadly in line" i.e. a bit below, is not good enough to support a very high multiple.

[firtashia] 28/2/2019 16:51

hpcg & windsor430. The "dreaded" second half weighing sentence could turn out to be true, in which case the market has overacted (for example, as happened with D4T4 last year), and this could prove to be a good point to buy once the selling subsides - or it could be the precursor to a profit warning later in the year- and a further drop in share price(for example W7L). Its a tricky call- and it depends on whether you trust the management to deliver, hence my question in post 198. I'm still sat on the fence with this but I only have a small position here anyway. Good luck with your holdings.

[greenknight1] 28/2/2019 14:21

A PER of 40 is steep for growth of only 25%. I would want to see a PEG of sub 1 for value which would be a PER of 25 which even then gives a price of 56p.

[windsor430] 28/2/2019 14:17

hpcg… literally two hours ago I said I was a new investor here - so this attracts people like me. I think it's an attractive market too - personally seen big successes made by firms like UKFast, AWS, Akamai, Rackspace - not identical of course, but have parallels. What share price did you buy in at and sell at hpcg? or if you don't want to reveal - what "high growth characteristics" did you observe when you did buy in?

[hpcg] 28/2/2019 14:07

r.e. 199
2 - If you sell now after shares have just dropped by 13% in a matter of hours, I can only assume you have never made money in trading and investing, and if you have it was more through luck than logic.

Almost always the correct thing to do over the medium term. Very short term price tends to reflect back some of the move, but not always. Company is no longer showing high growth characteristics which suggest it needs a reset of its multiple. Could be low 80s or mid 60s. Not sure who would be a new investor here.

[volsung] 28/2/2019 13:35

It will be a buy for me at 65p