Beeks Financial Cloud Share Discussion Threads

[ninedoors99] 06/3/2021 19:38

Interims must be due v soon 2 March last yearMight be Monday then...

[ygor705] 24/2/2021 08:41

The share price has moved up from just under 90p to 115p+ in a few weeks with a zero news background. My buy order was set a couple of pence too low so I've missed the ride this time around. I like the company but it does have large capex requirements and the financial markets which it serves are still subject to uncertainty. If I had a 25% profit in the past few weeks I think that I'd be taking some profit as well!

[cordwainer] 23/2/2021 09:05

on the one hand the valuation seems stretched compared to a FY eps expectation of 2.1p but maybe not if the interims confirm transformational extra revenue and customers followed by an upgrade. I just decided to exit with a 19% profit having invested four months ago but maybe I'm just too cowardly.

[cordwainer] 23/2/2021 08:36

only 4 trades behind todays move so far

[cordwainer] 23/2/2021 08:32

There's a singular analyst target of 150p according to investing.com, and another analyst mysteriously rates as 'without opinion' on marketscreener

[the monkster] 22/2/2021 20:07

saltraider - i suspect it's both. substitute or with and.

[ninedoors99] 22/2/2021 17:02

Good to see some decent volume...Broken out finally into the £1 -£1.20 range Big trade last thing. Not sure if it was a delayed one.Hope there is some substance behind a decent rise and volume over the last few weeks ?9

[saltraider] 22/2/2021 15:07

Yes ... I have been watching this, too. I can't find anything in the public domain that might underlie this. Somebody knows something that others don't ... or is building a position?

[masurenguy] 22/2/2021 14:44

Up 17% on no news over the past 2 weeks and on normal average daily volumes of circa 45K.

[robow] 22/2/2021 14:29

heading that way today

[ninedoors99] 12/2/2021 19:46

Be good to push through a few pence and on to £1.20

[the monkster] 12/2/2021 11:08

yes...lots of inside trades. Hopefully ..

[ninedoors99] 12/2/2021 10:24

Decent amount of buying going on this last week..

[ninedoors99] 09/2/2021 18:43

Been here a while and believe in their proposition They Haven't issued a trading statement recently so can we assume they are not trading significantly over ( or under) expectations ? Hope they positively surprise us later this month. Fingers crossed

[masurenguy] 09/2/2021 16:14

Yeah - they were on 27th Feb last year.

[cordwainer] 09/2/2021 15:45

Approaching interims, about 3 weeks.

[masurenguy] 16/1/2021 09:17

Their focus was upon expanding the business with existing Tier 1 accounts since Covid could continue to delay corporate decision making. The interims are due in circa 6 weeks so we will see how well their business growth strategy fared during the summer and autumn period last year.

"While the ongoing Covid-19 pandemic may continue to cause a delay in corporate decision making, and in spite of the wider economic uncertainties, we are confident the long-term growth drivers in our market remain intact - with financial services organisations increasingly looking to take advantage of the benefits of Cloud infrastructure. We anticipate continued growth of our existing Tier 1 accounts, as they expand the use of our offering into new geographies, and we believe the launch of our analytics offering has the potential to layer on new SaaS product revenues. We are confident in our ability to convert our growing sales pipeline, and continue to be excited about the future for the Group."
Gordon McArthur 15 September 2020

[cordwainer] 16/1/2021 03:47

need news of at least another 'tier 1' customer as per confidence expressed in last forward looking statements.

[masurenguy] 23/12/2020 07:07

Looks like a strong and well-connected apointment !

23 December 2020 - Beeks Financial Cloud Group plc is pleased to announce the appointment of Kevin Covington to the Board as an independent Non-Executive Director effective from 4 January 2021.

Kevin has had more than 30 years' experience working internationally in the financial services industry for both vendors and banks, with a particular focus on M&A and advisory. Kevin currently runs a boutique advisory firm, Change Alley, which helps develop and grow organisations in the fintech sector. Kevin also acts as an adviser and mentor to a number of companies in the sector, including Adaptive Financial Consulting, KA2, Enyx and, prior to its acquisition by Beeks, Velocimetrics. Previous positions include CEO of a VC backed Australian technology company, Metamako, which was acquired by Silicon Valley based Arista Networks in late 2018 and CEO at technology company ITRS Group Limited. For a number of years Kevin has been ranked in the top 40 most influential people in Trading Technology by the Institutional Investor Magazine.

Beeks CEO Gordon McArthur said, "Kevin brings with him a wealth of industry knowledge and experience, having held a number of senior roles in the fintech space and I believe he will be a valuable addition to the Group as we seek to deliver secure cloud solutions to a growing global customer base. On behalf of the Board, I welcome Kevin to Beeks and look forward to working with him."

[masurenguy] 05/11/2020 07:37

Beeks launches Analytics as a Service

An industry-first, cloud-neutral monitoring solution for the financial markets.

05 Nov 2020 - Beeks Financial Cloud, a leader in cloud computing, connectivity and analytics for financial services, announces the launch of Beeks Analytics as a Service, the first cloud-neutral network monitoring and trade analytics tool for the financial markets. Using Velocimetrics technology, Beeks Analytics as a Service provides financial market organisations with the ability to consume powerful network monitoring and wire-based trade analytics as a cloud hosted offering.

Financial organisations require sophisticated network monitoring because of the richness of their connectivity requirements, the high volume nature of the market data that they consume, and their need to fully understand the latency profile of their trading platform. Beeks Analytics as a Service is the first product that offers all organisations sophisticated analytics that is available natively in the cloud, regardless of who hosts their infrastructure. Beeks Analytics as a Service is securely hosted on dedicated hardware within the Beeks Financial Cloud, at the same campuses as the infrastructure that clients will be monitoring. Clients gain the flexibility of cloud-based analytics without having to compromise on the location of their data.

Existing Beeks customers will be able to add the sophisticated network monitoring capabilities of Beeks Analytics as a Service to their existing deployments at LD4 or NY4 with just a single click in the Beeks self-service portal. Non-customers, who have their own separate hosting arrangements on the Equinix LD4 and NY4 campuses, will be able to monitor their systems using Beeks Analytics as a Service.
The launch follows the acquisition of Velocimetrics by Beeks earlier in the year and the Company's stated intention to add an analytics offering to its service.

Beeks CEO Gordon McArthur said, "Our mission is to make the cloud work for financial markets. Providing our customers with a view of their trading performance right the way down to individual network packets, at microsecond resolution, is a critical element that financial firms struggle with in the cloud and which Beeks is now able to offer. We feel there will be strong up-take for this product across all asset classes, but particularly in the FX market, where customers need to manage connectivity to large numbers of different sources of liquidity."

[maddox] 28/10/2020 15:51

Probably an FI buying and absorbing any selling pressure - nice to see some blue amongst the red. I would also expect that BEEKS' business benefits from market volatility.

[masurenguy] 28/10/2020 10:43

Some sudden upward movement on a down day in the general market this morning, without any news on circa 50,000 share volume in the first couple of hours (average daily volume is circa 48K). I wonder whether this has been tipped somewhere or if there is some news in the pipeline.

[masurenguy] 14/10/2020 17:23

RNS Number : 1190C
14 October 2020

The AGM will be held at 11.00 a.m. on Wednesday, 18 November 2020 at Lumina Building, 40 Ainslie Road, Hillington Park, Glasgow, Scotland, G52 4RU. The Board has proposed a final dividend of 0.15p. Subject to shareholder approval at the forthcoming Annual General Meeting, the final dividend is expected to be paid on 27 November 2020 to shareholders on the register at 23 October 2020.