Beeks Financial Cloud Share Discussion Threads

[someuwin] 09/8/2024 10:09

Solid buying today.

[ninedoors99] 09/8/2024 10:08

Getting frisky again...Just recovery in the market I wonder

[ianhamo] 08/8/2024 15:08

Now quoting 205.1 for 10k shares

[ianhamo] 08/8/2024 08:16

ii live quote 204.5 to sell 10k. They want your shares!

[saltraider] 07/8/2024 13:48

@ianhamo ... Sure, but they can't make one up. It is what it is. Patience is required.

[masurenguy] 07/8/2024 11:54

The shareprice got ahead of itself with a rise over 130% from January to the end of July so some profit taking is inevitable, especially after a short-term market fall. The daily trading volume is not significant so there is no indication that "a lot of shareholders have lost patience and are bailing out?".

[route1] 07/8/2024 11:19

The footsie is up nearly 1% but BKS is down 3.37% currently. I know that they are waiting for regulatory approval but it seems like a lot of shareholders have lost patience and are bailing out?

[ianhamo] 07/8/2024 09:39

Could do with a new contract announcement to fill in the void waiting for the regulatory approval.

[someuwin] 06/8/2024 19:44

Gordon McArthur of Beeks: The Opportunity is Getting Bigger

[someuwin] 06/8/2024 08:30

Took advantage of the drop.

[ianhamo] 05/8/2024 12:09

Yes totally agree. I wasn't aware at the time of posting. Good top up opportunity.

[hatfullofsky] 05/8/2024 10:45

It's not a tree shake, it's a market correction that includes BKS. Short term volatility long term solid buy and hold

[ianhamo] 02/8/2024 11:11

Is this the last tree shake before news next week?

[hatfullofsky] 31/7/2024 01:16

McArthur has repeatedly said he has a number in mind. Not a contract, or a couple of swallows or anything else. He has a number. I think that number is a unicorn. I believe he will get there within 3-5 years.

[masurenguy] 30/7/2024 15:16

Just updated the major shareholders in the header. Only two significant changes over the past 10 months. Artemis have increased their holding by 44.6% during this time while Gordon McArthur reduced his by 13%, apparently due to the outcome of a divorce settlement. Other shareholders above the reporting threshold have not shown any material change in their shareholdings since last October.

NB: ianhamo - it's been my view over the past 3 years that the final exit here will be as a result of the company being taken out by a predator as I noted in the header back in September 2021. This could potentially follow a new Exchange contract announcement either now or in the future.

[ianhamo] 30/7/2024 15:15

If they announce a deal with NYSE, then I think an offer for the company will come in pretty rapidly. From someone like AWS.

[valustar1] 30/7/2024 15:00

That's possible. But maybe there might also be an indication as to what other exchanges they are in advanced discussions with.

[masurenguy] 30/7/2024 14:58

The shareprice is really motoring now - up 138% since the begining of the year. When the new Exchange Contract announcement is finally released, it could either support further momentum or alternatively trigger a wave of profit taking.

[ianhamo] 30/7/2024 10:48

In February McArthur said regulatory approval should take approx 3 - 6 months. So 6 months is about now. When does the term "shortly" start to be perceived as delayed? By the end of August I would say.

[hatfullofsky] 30/7/2024 08:12

They have stated it's a long term partnership with one of the largest Exchange groups in the world. Considering they already have a relationship with ICE owner of NYSE, it's not a great leap of faith to figure out which one.

[masurenguy] 30/7/2024 07:26

An announcement is imminent. "Advanced progress has been made on this approval process, in line with expectations, and Beeks looks forward to updating shareholders on the outcome shortly." 22 July

[route1] 30/7/2024 07:21

Okay, got it thanks.

[masurenguy] 30/7/2024 07:18

We know the contract is with another Exchange but Beeks has declined to divulge any further information until regularity approval has been obtained. See the recent TU issued on 22 July.

[route1] 30/7/2024 06:52

I appreciate your post , but are you able to give any specific details of the contract that the Company is now waiting for regulatory approval, I would imagine that it is for another Exchange,similar to the JSE contract which has already been secured?

[masurenguy] 24/7/2024 01:20

Beeks are in a sweet spot at this time !

Alphabet profits jumps 29% as cloud computing sales boom

Growing cloud computing sales and search engine advertising have powered a rise in second quarter profit at Alphabet, the parent company of Google. Google’s cloud computing division saw revenues rise 29% to $10.3bn, as companies adopt AI technology.