https://www.britishbulls.com/SignalPage.aspx?lang=en&Ticker=BKS.L |
Interesting to know how the Company tripto New York this week progressed, and what was achieved. |
VANCOUVER - Canaccord Genuity Group Inc., based in Vancouver, Canada, has reported a change in its holdings in Beeks Financial Cloud Group PLC, a UK-based cloud computing and connectivity provider for financial markets. On Tuesday, the investment management firm's total voting rights in Beeks dipped slightly below the 10% threshold.
The adjustment to 9.9611% of voting rights, amounting to 6,688,296 shares, occurred on Monday, February 11, 2025. This change was primarily attributed to the dilution effect following the admission of 90,701 new shares to trading on the Alternative Investment Market (AIM) on the same date.
Canaccord Genuity's updated position reflects a minor decrease from the previous notification, where it held 10.0095%. The notification, completed on Wednesday, February 12, 2025, in Blackpool, England, was disseminated by RNS, the news service of the London Stock Exchange |
thank you zho, people do forget this is a world leader in a profitable and niche market and the value that having a nasdaq on your client list can bring to win new tenders and contracts
Strong future ahead! |
Yes, maybe, although the threshold date is different - 10/2/25 rather than 6/2/25 in the first TR1:
Canaccord discretionary clients 9.55% -> 10.01% |
Does this mean that Cannacord clients have reduced their holdings somewhat marginally? |
Canaccord discretionary clients 10.95% -> 9.55% |
Gervais Williams: "Beeks is a global winner".
from 7:50 |
It may well be included with date they announce Interim results date...soon |
Let's hope that they don't forget to issue the trading update which was expected last week. |
We might get an announcement next week whilst they're in New York.https://www.linkedin.com/posts/beeksgroup_tradinginfrastructure-networkanalytics-poweredbybeeks-activity-7293598926262194176-MYRr?utm_medium=ios_app&rcm=ACoAAFUEt0EBO6wkzCCly39mf8V2t3jf5Ysjejw&utm_source=social_share_send&utm_campaign=copy_link |
Lets hope its the first of many ! |
Technically, with a close @301p, we have a new ATH today ! |
Chart telling us we are about to break out to hit all time high and we know Trading Update due any day now ahead of results. Last year this caused a step change up in share price and I expect the same to happen again. |
>>Very bullish comment from the fund manager in that vox interview. >>
Indeed.
I did raise my eyebrows when Stephen English said that he sees “no reason why Nasdaq won't be able to charge [their clients] $1m per month per cabinet ...”.
We've been told that BKS are charging $250K per cabinet per year, c. $21K/month, so that would be a staggering mark up. |
The ATH close was 300p on Dec 16th last year. That could possibly be beaten today ! |
Not today Josephine |
As per last year |
Volume up and popped up at end of trade today...hmm RNS tomorrow maybe. |
Very bullish comment from the fund manager in that vox interview. Thanks zho |
GMc certainly said that the major exchange wasn't in the numbers, but Cannacord repeated that £40m FY2025 figure in their last note after the Nasdaq reveal, so that would suggest it is included in 2025 at least. If not and it is on top of the £40m then that would be huge. |
Using Canaccord revenues grow +27% (24), +39% (25), +25% (26) so the CAGR is +27% (2 yrs growth 24-25), +27% (3 yrs growth 24-26). An older note shows the original business is growing +15-20% pa. The new Proximity Exchange Cloud business has revs 3.5m (24), 9.5m (25), 11.0m (26). So the question is whether these numbers reflect the real size of the Nasdaq contract or not. |
FM Stephen English on BKS from 55:15 at |
I seem to remember that NASDAQ hasn’t been built into the forecasts yet. Due to the unpredictably of the timing of Exchange contracts I think BKS/Canaccord like to under promise and over deliver. I expect an uplift in the price target with the TU. |
I'm not sure what numbers you're seeing but the full Canaccord note has sales forecast at £39.6m in FY25 then only £45.7m in FY26, which hasn't been updated since Oct 24. So after 35% actual CAGR until now, a forecast 40% in FY25, they are saying growth will fall to only 15% in FY26. That's less than half the growth rate BKS was delivering without ExchCloud so is plainly nonsense. I'm not complaining. I do my own forecasts, so I'm content that when Canaccord correct their figures there will be a boost to the share price. |