Beeks Financial Cloud Share Discussion Threads

[masurenguy] 28/2/2019 13:27

Ridiculous - there has been no Buy at 65p. The current buying price is 94.8p

[volsung] 28/2/2019 13:04

A buy at 65p

[masurenguy] 28/2/2019 12:46

PER's are really not a relevant metric on an early stage company like this one where the shareprice reflects forward potential not current sales and profits.

[windsor430] 28/2/2019 11:40

I'm in - tempted yesterday, took the plunge today. Really like the model, margins & having been in both tech infrastructure & finance can see this solution tapping into the growing globalisation of trading. Only minor I see at this stage, is I'd just like them to scale a bit quicker.

[greenknight1] 28/2/2019 10:38

Make that a PE of 40!

[greenknight1] 28/2/2019 10:38

Unfortunately I can see this dropping down to the 60s now. 25% growth anticipated does not justify the heady current PE of 37.

[spann_703] 28/2/2019 08:15

No reference to the effect on revenue as I could see.

I'm not sure as to the point of this RNS. As I mentioned yesterday, there's something about the communications method and style of this company that makes me slightly cautious.

[melody9999] 28/2/2019 08:14

I take comfort from the fact our MD Gordon McArthur owns a large % of the company so that his interest are exactly aligned with ours. IMV the business has a strong moat and will continue to build - the share price just got a bit ahead of itself.

[masurenguy] 28/2/2019 08:02

Beeks Financial Cloud hosts Cryptocurrency Exchange, BeQuant

Glasgow, February 28, 2019: Beeks Financial Cloud Group Plc, a cloud computing and connectivity provider for financial markets, is pleased to announce a collaboration with BeQuant Exchange ("BeQuant"), a leading cryptocurrency exchange based in London and Malta. Beeks will be hosting BeQuant's matching engine in London, within its dedicated network. BeQuant offers deep liquidity and FIX connectivity for low-latency traders and has a reputation for flawless up-time and high availability. This new collaboration with BeQuant allows for the guarantee of consistent speed of access to all participants utilising the proximity hosting and bare metal server options provided by Beeks.

Beeks' partnership with Equinix facilitates this setup, with BeQuant's matching engine being hosted on Beeks' network within Equinix's LD4 datacentre in London. The Beeks Cloud operates within nine Equinix datacentres globally, providing ultra-low latency hosting and connectivity within and between these sites. This announcement follows Beeks' on-going expansion of its cryptocurrency offering.

Gordon McArthur, CEO, Beeks Financial Cloud, commented, "The cryptocurrency market is constantly expanding and by adding exchanges such as BeQuant to our portfolio, Beeks is able to facilitate access to these markets for our customers. Guaranteeing that no customer will have greater access speed than another is a unique offering and we're delighted to announce this new partnership with BeQuant."

Eleni Coldrey, Business Development Director at Equinix, commented, "Cryptocurrency exchanges that access key markets such as New York, Tokyo and London, with interconnection to the FX fiat ecosystem including liquidity providers as well as market data providers, provide critical services today, and enable global trading opportunities in the future. Beeks Financial Cloud powered by Platform Equinix provides the scalability, reach, and market connectivity that this growing ecosystem requires."

George Zarya, CEO of BeQuant, commented, "Digital assets have continued to generate interest among institutional investors. As a result, businesses dealing with cryptocurrencies need to provide a high-quality service that appeals to the demands of these clients. Through partnering with Beeks, BeQuant will continue building a reliable, trusted and efficient exchange platform that will have transparency and compliance at its heart."

[windsor430] 27/2/2019 14:55

This been oversold?

[lukejfmccann] 27/2/2019 14:44

I bought at 45p.

It’s because of trigger happy attitudes like yours that cause the uneccesaary, over eager fluctuations like we have seen today.

Of course that’s disappointing, but we will be at new all time highs by the full year results come out.

[firtashia] 27/2/2019 13:08

1- the market cares- it doesn't believe the company can meet forecasts. Did not the company have some input into those forecasts in the first place?
2- how do you know what price I bought in at? My logic is "sell on profit warnings". What's yours? Thank you for your concern, but my performance and strategy have nothing to do with you.
3- what the share price did last year has no relevance to what it will do this year.
4-Yes, improving, but not at the rate the market expected. Hence the drop today.

Why have you come on here to reply, only to be so condescending -I think its because you're angry and you believe you have lost money. Emotions form no part of a trading philosophy so I certainly don't need lectures from you.
Filtered.

[lukejfmccann] 27/2/2019 11:56

1 - I don't think anyone particularly cares whether you take his words at face value or not. That's the information we have been presented with.
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.
3 - Shares fell significantly on the day Interim Results were annonced last year, conversely they rose significantly on the day Final Results were announced, so yes there is rationale in what he is saying.
4 - The company's fundamentals are clearly improving, while they continue to expand. Profit taking was done today, with net sales of roughly £90,000 today alone, and yet the share price is the same as it was last Thursday.
In short - Get a grip.

[firtashia] 27/2/2019 10:25

McArthur states "As is usual, we expect to see the majority of new contract wins and growth to be weighted in the second half of the financial year."

For me the key word is "usual". Can anybody find evidence that this company's growth is usually second half weighted? I couldn't see anything to this effect in the admission document or in last years H1 results, although it may have been a "man look". Can anyone provide a convincing argument as to why I should take McArthur's words at face value and continue to hold?

[5chipper] 27/2/2019 08:14

Was really hoping for a c90p buy price!

Maybe too much wishful thinking

[cisk] 27/2/2019 08:10

Well they’re down 17% as I write. For me, it’s one to tuck away, let’s see what the second half brings. I can see them being taken over for several multiples of the current price a few years down the road.

Reduced PBT due to increased investment must have spooked the market. I’m less concerned as they’re expanding their reach.

If they sign a few more T1 clients this year then I think they’ll grow into their valuation.

And I suspect we’ll start to see some buyers nibbling soon.

[spann_703] 27/2/2019 07:40

It will be interesting to see how the price reacts today. Comments such as "Reduced underlying PBT FY2019 forecast reflects investment in platform infrastructure and operations, increased depreciation and amortization as well as geographic expansion" may be seized upon in current market conditions, and drive the price negatively.

I'm also not necessarily impressed with the constant variation in metric used, PBT, EPS, EBITDA, to suit the narrative in these interims.

I like a lot of things about this company, but the valuation as stated is undeniably rich. I would not mind the opportunity to pick up further shares at a lower cost, so I guess I'm happy whichever way it goes.

[melody9999] 27/2/2019 07:33

given the positive outlook, may be an opportunity to add.

[melody9999] 27/2/2019 07:33

given the positive outlook, may be an opportunity to add.

[spann_703] 27/2/2019 06:02

Good morning all.

[greenknight1] 22/2/2019 09:09

Looks like folk are taking positions prior to results. Looking forward to the update on progress.

[masurenguy] 21/2/2019 16:29

Beeks results due next Wednesday (27/2).

[davidosh] 16/2/2019 02:22

Just to let you all know that Beeks Financial will be exhibiting and presenting at the Mello2019 event on Thursday 16th/Friday 17th May



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

More info and tickets here...

[greenknight1] 12/2/2019 13:56

Results most likely next week. Hopefully confirmation of continued strong organic growth. I would also like an update on how the ongoing search for an acquisition is progressing and whether any good fits have been identified.