Beeks Financial Cloud Share Discussion Threads

[melody9999] 22/8/2018 16:09

Looks encouraging

Beeks Financial Cloud has secured 7000 Virtual Machines and made 80% savings on global data storage using augmented deduplication:

hxxp://www.btc.co.uk/Articles/index.php?mag=Cloud&page=compDetails&link=8926

[masurenguy] 21/8/2018 08:35

Review of current shareholders here. Four hold almost 75% of the company.

Gordon McArthur 30,296,400: 60.5%
Octopus Investments Ltd: 2,402,700: 4.80%
Anthony Doleman: 2,350,481: 4.70%
Hargreave Hale Ltd: 2,192,302: 4.38%

[3500sr] 17/8/2018 13:11

Article mentioning Beeks in the Times Scotland today

hxxps://www.thetimes.co.uk/edition/business/cities-ride-high-as-unicorns-lead-the-way-6jkl07q9m?CMP=Sprkr-_-Editorial-_-thetimesscot-_-Unspecified-_-TWITTER

[cheshire man] 17/8/2018 10:47

Thanks Masurenguy let's hope they make happy reading :-)

[masurenguy] 17/8/2018 10:40

Hi CM - results likely to be published during the last week of this month.

[johnnyoz777] 17/8/2018 10:37

MicroCap Millionaire tip

[cheshire man] 17/8/2018 07:35

Buyers coming in for results perhaps

22/02/18

Half year report


Beeks Financial Cloud Profit Doubles In First Results Since London IPO
LONDON (Alliance News) - Newly-listed Beeks Financial Cloud Group PLC said Thursday it has had record results in its first half, matching board expectations, with the company confident of continued growth in the rest of its year.

Beeks, which completed a GBP4.5 million initial public offering on London's AIM market in November, posted a 40% increase in revenue for the six months to December to GBP2.6 million from GBP1.8 million.

Its pretax loss narrowed slightly in the period to GBP106,000 from GBP180,000. However, excluding IPO costs and amortisation of acquired intangibles, Beeks made an underlying pretax profit of GBP280,000, more than double the same period the year before's GBP130,000.

Margins improved across the board, Beeks said, driving the sharp increase in earnings.

Beeks had net cash of GBP2.6 million at the end of December, compared to net debt of GBP680,000 the same time a year previous.

Chief Executive Gordon McArthur said: "Our business opportunities remain strong going into the start of the second half of the year as we see continued momentum to our infrastructure as a service model. We are confident the business will continue to grow. We will roll out more cloud hosting and have a strategic focus on Asia over the near term. The formation of our Chinese entity and offering is progressing well. We are investing in our sales team to exploit and drive our business forward.

"With an established and growing customer base, high levels of recurring revenue and strong market drivers, we are confident in delivering a successful outcome for the year."

Beeks shares were down 4.7% on Thursday at 61.96 pence each.

By George Collard; [e-mail]

Copyright 2018 Alliance News Limited. All Rights Reserved.

[masurenguy] 17/8/2018 07:35

No news from Beeks so maybe this mornings uplift is due to a tip somewhere.

[davr0s] 17/8/2018 07:19

Yep and on strong volume too - hope it's not due to some tip somewhere

[5chipper] 17/8/2018 07:11

Lively start

[cheshire man] 13/7/2018 07:08

I recently bought back what I tops sliced on the spike, looking forward to final results end of Aug :-) DYOR

[5chipper] 02/7/2018 20:40

Topped up today. Happy that price has dropped back so I could buy more at 70p..

Believe that the future is bright here. Already cash generative with a few million in the bank.

Fast growing business with lots of positive already since listing and i'm sure still more to come over the coming months. Roll on end year trading update..

[masurenguy] 02/7/2018 09:41

An 18% price retracement over the past 4 weeks but on daily trading volumes that are approximately 25% below average. No news other than the positive Singapore announcement last week so it looks like a bit of profit taking has occurred.

[masurenguy] 26/6/2018 07:02

Another brick in the wall ! :o)

Glasgow, June 26, 2018 -- Beeks Financial Cloud Group Plc, a cloud computing and connectivity provider for financial markets, is pleased to announce the addition of Singapore as a new datacentre location. Beeks has taken space within Singapore Exchange's (SGX) own colocation facility in order to provide cloud and hosting services. This is Beeks' first point of presence in Singapore and provides Beeks' clients with greater access to Asian markets. SGX is Asia's most international, multi-asset exchange, therefore Beeks' space within SGX's colocation facility will allow its customers access to a wide range of trading and market data within equities, fixed income and derivatives asset classes. With direct fibre connectivity to Beeks' Tokyo, Hong Kong and London datacentres, this new location will act as a hub for customers looking for ultra-low latency connectivity options.

[melody9999] 14/6/2018 07:49

just took a few yesterday at 77 as an opening position

[someuwin] 08/6/2018 13:01

Enough consolidation. Time for the next step up methinks.

[masurenguy] 29/5/2018 16:13

"The Company confirms that it received notification today that on 24 May 2018 Will Meldrum, a Non-executive Director of the Company, purchased 23,500 ordinary shares at a price of 70.0p per share. Following this purchase, Will Meldrum holds a total of 23,500 shares in the Company, representing 0.05% of the issued share capital." RNS Number: 5852P, 29 May 2018

[cheshire man] 25/5/2018 07:52

Took a few off the table on that spike,,,,,,,,silly not to

[someuwin] 24/5/2018 11:29

Can't get any stock online.

[cheshire man] 22/5/2018 08:19

Yes impressive someuwin thanks for posting :-)

[someuwin] 22/5/2018 07:36

Watched the BKS Mello presentation. Very impressive...

[greenroom78] 08/5/2018 09:17

Has it been tipped somewhere?

[cheshire man] 08/5/2018 09:13

Great start to the week :-)

[5chipper] 05/5/2018 16:22

Thanks for the updates on numbers. Bought in a couple of weeks back on the brief period of weakness.

I'm hoping forecasts turn out to be slightly irrelevant as it feels like numbers will be upgraded then uprgages on the upgrades etc as strategy unfolds.

[cheshire man] 04/5/2018 15:06

A good end to the week for us :-)