https://www.directorstalkinterviews.com/beeks-financial-cloud-group-plc-leading-the-way-with-nasdaq-partnership-canaccord-genuity/4121184940 |
In the realm of finance, swift and proud,
Stands Beeks Financial Cloud, a tech endowed.
With data flowing like a stream so clear,
Empowering trades, far and near. |
The live quote end up at 279/50k. Bodes well for next week. |
Now 277.6 for 50k live quote. MM have order to fill or stocking up ready for news. |
ii offering 272 for 50k live quote. I haven't seen a live quote for that sort of volume in a while. Hopefully spike up later. |
Thanks for clarifying.As things stand atm a share price of 550pshould be achieved fairly soon once other contracts are signed,together with the possibility of Nasdaq including the severalNordic Exchanges that it owns. |
The shareprice would have to effectively double from here to circa 550p for BKS to qualify for entry into the FTSE250. They would then also have to apply for a full London market listing to become eligible to be included in any FTSE index. |
Good to read and thanks for sharing.However I am left wondering that as BKSgrows its market cap would the possibility arise that it might move to another index such as the Footsie 250? |
Why we think Beeks Financial Cloud is primed for exciting growth
Under the radar data infrastructure firm is becoming a more mature, large-scale business
30 January 2025
Beeks Financial Cloud 260p Market cap: £174m. There is a lot to like about Beeks Financial Cloud (BKS:AIM). Namely rapid and (largely) profitable growth and improving cash flow and margin profiles from an expanding market niche. Compound average revenue growth since 2019 runs at 31.5%, and while profit has been lumpy, due to expansion investment, the shares have returned 18.5%. |
40k buy just gone through |
Getting buys today. Maybe the sell the news crew are out. In which case ATHs should be incoming |
I also sincerely hope not, hopefully they are focusing on the 50 or more other Exchanges and numerous Banks that will be queuing up to implement their unique system |
Beeks competitor Options was looked at by Canaccord in Oct. Their view was that Atlas was losing share to BKS with slower growth & lower margins, though Options is much larger. However Options has to service $263m debt which has to be refinanced in 2025. So I feel BKS has a big advantage in the ExchCloud space as first mover, with references from JSE, ICE/NYSE & now Nasdaq, as well as a lower risk financial status. I believe the high degree of automation which BKS has developed is key in enabling exchanges to resell the solution. Options appear to be relaunching Atlas but are not highlighting an Exchange version of the product. |
Having worked in IT sales, we should not underestimate the assistance to BKS that being able to say 'the NASDAQ is one of our customers' will be in closing future deals. BKS salespeople must be rubbing their hands with glee...
I can understand that NASDAQ might not want to say anything themselves...when you have a business edge do you really want to tell your competitors?
Canaccord said this back in July 2024:
FY25 "has started promisingly" with a record pipeline including advanced discussions with several major global exchanges, helped by the JSE providing strong references to potential customers.
I bet Gordon will be trying to close out 1 or more of these deals shortly on the back of the NASDAQ news. |
https://www.options-it.com/2024/10/02/options-technology-redefines-market-data-transparency-with-the-launch-of-its-atlas-product-suite/ |
It might not be as clear route as we think. One of their main competitors, Options Technology has recently launched a low latency product. |
Acquisition seems very unlikely to me. They have a very clear route to growth & increasing profitably. I can't see that they'd want to complicate things. It would be difficult to see what they could acquire to add value. A fundraise to advance buy kit for pending deals is an outside possibility but this would be a very positive sign as they already had £6.6m cash at the last results. Just profit taking on the announcement of expected news? Without doubt this will rise as further deals kick in. But patience may be required, at least until the trading update. |
Hope not.
Lots of small sells tanking the price (some PI exiting ?)
Trading update expected shortly.
Looks like the 33k at 266 was a sell, that started the fall, hoping they're done |
Starting to think there maybe a fund raising going on in the background, to fund an acquisition? |
This is getting battered now :( |
I find it strange they removed the news update from their website and LinkedIn page. |
Nasdaq said in SEC filings they would submit their POD/ExchCloud pricing (which is regulated) in parallel with implementation. They haven't done that yet, so it might be embarrassing for them (or an issue with the regulator) for BKS to be saying it's now live. They could argue that BKS were under pressure to issue an RNS because this is price sensitive info, especially since BKS will have to say in the trading update what they expect the impact on results to be. Or BKS agreement with Nasdaq was that it wouldn't be announced until implemented so BKS were within their rights to RNS but don't want to cause Nasdaq problems. |
I'm thinking maybe conflicting interests between BKS and NASDAQ.Possible that BKS want to announce the NASDAQ ASAP. Ideally before the next TU. Then they can put out a stonker of an update.NASDAQ may have wanted to wait until they are ready to start onboarding customers at the end of Feb. |
Cloud software is hardly an "import" into the USA that would be affected by any tarrifs. |
ianhamo
interesting point. I wonder if US firms are having to play down imports eg BKS to avoid the wrath of Trump. |
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