Beeks Financial Cloud Share Discussion Threads

[hatfullofsky] 14/3/2024 20:32

Husbod - LSEG partnered Microsoft, Deutsche Börse Partnered Google for their cloud provisioning .... but both mentioned the deals were part of their Cloud strategy (data and analytics NO MENTION OF TRADING AND MATCHING). I feel there is still room for BKS in those exchanges but time will tell.

[hatfullofsky] 14/3/2024 20:29

N.Channing

This is a great place to start the first 10 min should help you



Their latest win (expected to be NYSE or Nasdaq) was a competitive tender, so I have no doubts on their competitive advantage.

[husbod] 14/3/2024 17:46

A nice big European stock exchange would be nice. Howzabout the LSE. British company for a British Exchange or is that too big for Beeks at their current stage of development?Anyone know who the other existing SE client is (ie not Joburg)?

[felix1] 14/3/2024 17:14

Beeks 'secret sauce' is in a) the automation they have developed which enables new services to be set up, or existing services to be grown/shrunk quickly & efficiently, and b) more so in the presence they have in the major trading centres and the low latency connections to & between trading systems. This takes time to replicate because of the security & other approvals required. Plus c) the trust they have built with institutions to handle their core critical business, which also takes time. Whence the 'land & expand' approach.

[masurenguy] 14/3/2024 15:23

We're now at a 22 month high with an 80% rise over the past 6 weeks. It looks like we could be heading back above 200p again in due course where we reached an ATH almost 2 years ago.

N.Channing - you can evaluate their business model here:

[nchanning] 14/3/2024 12:51

Not denying there is a moat , just genuinely would like to understand it so I can start buying BKS and never heard it explained properly

[nchanning] 14/3/2024 11:31

Still can't quite get my head around the technology here . It's nearly ten years since Flash Boys was written about locating severs close to exchanges . Surely what Beeks is offering should be highly competitive , commoditised product . What exactly is the 'secret sauce ' that stops competitors doing exactly the same thing in a race to the bottom on price ?

[masurenguy] 14/3/2024 07:11

Exchange Cloud Contract Extension

Significant extension of JSE Exchange Cloud contract

14 March 2024 - Beeks Financial Cloud Group plc is pleased to announce that the Johannesburg Stock Exchange (JSE) has signed a significant contract extension for the provision of Beeks' Exchange Cloud. Following the successful launch of the JSE Colo 2.0 in September 2023, the exchange has signed a significant contract extension to meet stronger than anticipated customer demand for the solution and a significant pipeline. As a result, revenue expectations from the initial term of the contract have materially increased, further supporting the recently upwards revised Board expectations for FY25.

JSE is also exploring a second site from Beeks, for back up and disaster recovery capability and potential use of Proximity Cloud, highlighting the land and expand capability within Tier 1 clients. Colo 2.0 is an advanced managed infrastructure as a service based on the Beeks Exchange Cloud offering, in partnership with IPC. Colo 2.0 provides JSE customers with leading edge innovative hosting and connectivity solutions, accessing on-demand private cloud computing and low latency analytics.

Gordon McArthur, CEO at Beeks, commented: "We are delighted with the response from JSE customers to the Colo 2.0 offering and look forward to expanding our engagement with JSE to meet their customers' demand for on-demand cloud computing. The pipeline with other global exchanges continues to progress and grow and we remain confident in continued momentum."

[ali47fish] 09/3/2024 18:44

abnyone heard the comp meet presentation

[hatfullofsky] 08/3/2024 12:40

What's the view NYSE or Nasdaq for the big contract ?

Nasdaq power a number of exchanges with their tech, I wonder if BKS are in their crosshairs.

[hatfullofsky] 08/3/2024 12:38

Nope it's complimentary

[nchanning] 08/3/2024 11:31

Would exchange cloud cannibalize any of their existing business ?

[hatfullofsky] 08/3/2024 09:42

This will power ahead on reg approval for the latest Exchange Cloud contract.

[hatfullofsky] 08/3/2024 09:41

Yep and it was great as usual, it's up on a investorMeet

[ali47fish] 07/3/2024 18:16

anyone seen the presentation on company meet- interim report today. iddint make the time but i am watching it now but it does 'nt say it is the recorded version

[hatfullofsky] 05/3/2024 07:51

Traction and adoption is fantastic, great momentum. Fully priced on FY24 earning but FY25 could be spectacular

[ali47fish] 05/3/2024 07:32

amazing win rns

[tempted] 28/2/2024 13:00

Great podcast - maybe more will be revealed at the Interims on the 5th March? Along with the presentation on the 7th..

[masurenguy] 28/2/2024 12:46

Positive momentum still continues with a further 5% increase this morning on a down day in the markets. Shareprice has now risen by 77% in the 4 weeks since the begining of this month !

[masurenguy] 25/2/2024 17:11

Mark Niznik of Artemis discusses BKS with Paul Hill @4.20

[29palms] 23/2/2024 14:24

Good Podcast from Paul Scott interviewing Beeks CEO/Founder, Gordon McArthur

[masurenguy] 19/2/2024 08:52

Well it was very obviously published the day after the RNS on 7 Feb when the shareprice was 140p !

[ali47fish] 19/2/2024 08:30

what's the 140 p not target price surely the share price is 159p

[masurenguy] 19/2/2024 08:02

Another recommendation !

Beeks Financial Cloud
Interactive Investor

This technology firm provides financial-services companies with the digital infrastructure (such as cloud-computing and analytics) they need to run their operations. News of major progress on contracts has seen the shares surge by 50% this month and may herald an “inflection point”. Switching providers is a headache, so in this industry, clients tend to stick with their contracts and earnings are reliable. That could eventually open the way to a rerating or a takeover by a bigger industry player. 140p

[hatfullofsky] 15/2/2024 23:09

That did it