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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
|
|
|---|---|---|---|---|
| 2.00 | 0.79% | 254.00 | 13:04:31 |
| Open Price | Low Price | High Price | Close Price | Previous Close |
|---|---|---|---|---|
| 252.00 | 252.00 | 255.00 | 254.00 | 252.00 |
| Industry Sector |
|---|
| SOFTWARE & COMPUTER SERVICES |
| Announcement Date | Type | Currency | Dividend Amount | Ex Date | Record Date | Payment Date |
|---|---|---|---|---|---|---|
| 08/03/2021 | Interim | GBP | 0.002 | 18/03/2021 | 19/03/2021 | 01/04/2021 |
| 15/09/2020 | Final | GBP | 0.0015 | 01/10/2020 | 02/10/2020 | 27/11/2020 |
| 02/03/2020 | Interim | GBP | 0.002 | 12/03/2020 | 13/03/2020 | 01/04/2020 |
| Top Posts |
|---|
Posted at 12/11/2024 09:28 by 74tom felix1, the same filing also said that POD that it won't be implemented until they establish fees;"The Exchange intends to submit a fee filing in the future to establish fees for POD, including fees for a dedicated server, a dedicated server with analytics, and a virtual machine. Implementation of the proposal described herein to offer POD would coincide with the subsequent fee filing." There has been no fee filing submitted yet, and given all filings appear to have a mandatory 3 week SEC comment window, the implementation doesn't look to be imminent. The ball is in NASDAQ's court, and that is likely the reason why BKS didn't include any revenue for this in their FY25 forecasts |
Posted at 07/11/2024 11:38 by ianhamo Thats what I was hoping Hydrus. Surely AWS and Microsoft would be thinking about taking out BKS? |
Posted at 07/11/2024 09:10 by ianhamo Not sure how BKS fits here?https://www.dat |
Posted at 14/10/2024 10:19 by 74tom I mean he's got the current PE wrong as well - the basic EPS was 3.33p, which should be used for BKS because the major adjustments are depreciation related & that CAPEX is fundamental to their growth. If they didn't have a need for such material CAPEX spend then they would be paying a significant dividend...So it's on a PE of ~76x and a forward PE of ~50-60x depending on depreciation expenses for FY25. It's no wonder Cannacord are offloading. |
Posted at 25/9/2024 14:36 by philly cheesesteak Anyone read this article today?"Aim shares face ‘cliff edge’ if UK axes tax break, warns Peel Hunt boss" "Currently, shares held on London’s junior Aim market are generally exempt from inheritance tax. But there are rising concerns in the City that chancellor Rachel Reeves may remove the tax break to help shore up the UK’s public finances at next month’s Budget. Peel Hunt boss Steven Fine has written to the Financial Conduct Authority to warn that such a move would trigger a sell-off in the market that could wipe up to a third off its value. He said financial advisers would feel compelled to tell their clients to sell smaller stocks if the tax break were removed, owing to “consumer duty” rules that are aimed at protecting individuals from foreseeable harm. “This would put further selling pressure on Aim stocks,” he told the FT. “I’ve made the FCA aware that the abolition of Aim tax relief could cause severe market distortions, especially if advisers feel compelled to withdraw clients’ money for fear of breaching consumer duty rules if they don’t. But this could be one of those rare cliff-edge moments for Aim stocks.” He added that “some advisers have already told us that under consumer duty rules, they will feel duty-bound to tell clients to remove their money” if tax relief is removed, noting that Aim is already “an illiquid market”. "Peel Hunt estimates there is around £6bn in funds created for Aim stocks with inheritance tax relief, while individuals have about £5bn directly invested. Removing this money would be likely to lead share prices down by 20-30 per cent across the index, Peel Hunt added." -------------------- It's surely the perfect excuse for market makers to walk stocks down over the next month, as they are with BKS today, and plead they were simply 'managing their risk'. Either way, looks like another October nadir is heading our way, which would be the third in a row. Surely better times aren't far away. |
Posted at 15/9/2024 20:58 by hatfullofsky The really interesting news is that JSE have ordered a disaster recovery site, that means their customers are incorporating the BKS into their main stream banking processes. That then become incredibly sticky. There's a long way to go with BKS. We're talking Unicorn level opportunity |
Posted at 21/8/2024 12:54 by hatfullofsky It's very simple, the document is legit. Banks have to submit a regulatory request to the SEC, those requests are publicly available (and have been found).NASDAQ can have an NDA with BKS preventing BKS naming the exchange but the can't have an NDA with the SEC.Therefore the regulatory request is a public document and freely available (if you have the inclination to search for it) |
Posted at 20/8/2024 15:06 by hatfullofsky The potential is huge, clients connect to exchanges for various reasons, short term to test models, longer term to implement those models and trading strategies. All this takes time (especially for a new client), hardware, connectivity, validation, DR etc, this is costly and time consuming. BKS offer a cloud option with easy access, scalability and now resilience (which means end clients are adopting the BKS solution into their core processes).If you know the Kano Model, Delighters (such as BKS, offering a new, innovative and better service) over time become standard features. Members (clients) of one exchange are more than likely members of multiple exchanges (paying multiple fees) if they have a better service from one they will request (demand) the same service level from the other exchanges. So the growth for BKS could be exponential. If all goes well I believe the trade sale will be at Unicorn levels, £1bn+ share price 1650p within 5 years. Above £150m will get institutional investors interested, I think we'll see a little more of that now |
Posted at 19/8/2024 12:16 by masurenguy When the "further announcement" is made by BKS and "the Exchange", formally revealing that it is NASDAQ, then this should create some media coverage which will bring Beeks onto many more peoples radar. Given that BKS is also engaged in "advance discussions" with other major Exchanges around the world this should heighten some further interest in the forward potential for the shareprice."Following receipt of regulatory clearance, the deployment of services and recognition of revenue has commenced. A further announcement will be made by both the Company and the Exchange when the full platform is available for customer deployments in due course. This deal marks the third international exchange to sign up to Exchange Cloud, Beeks' multi-home, fully configured and pre-installed physical trading environment fully optimised for global exchanges to offer cloud solutions to their end users. With a proven ability to secure contracts with the world's largest exchanges, Beeks remains highly confident in fulfilling the product's transformational potential. The Exchange Cloud pipeline continues to build, with advanced discussions taking place with other major Exchanges across the globe." extract from 14 August RNS statement. |
Posted at 16/8/2024 21:08 by philly cheesesteak Worth relistening to this interview with Paul Scott from a few months backhttps ://shows.acast.com/p 24 mins in they discuss exit valuations etc, the CEO states that US PE buyers value companies like BKS at 18-20x EBITDA, they do so because they know that a business growing at 30% PA is going to make a price like that look cheap in 5 years time. Current FY25 EBITDA forecast is for £14.3m, then £16.2m for FY26. Remember though, that these numbers don't include anything for the NASDAQ deal as they didn't want to front run the regulatory approval process. Either way, at 18-20x next years EBITDA we get a market cap of £260-280m, which is £4-4.25 a share. At 11x right now, shares are still cheap. And imagine what a boon the NASDAQ win will be for accelerating the deal pipeline. I think BKS could rapidly move past £50m turnover / £20m EBITDA in the next couple of years and get closer to whatever number the CEO has in his head for an exit. I do think £500m - £1b is achievable when you consider the moat they have built & the economies of scale they should enjoy over the coming years. |
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