Beeks Financial Cloud Share Discussion Threads

[5chipper] 19/9/2018 14:50

Well, looks like I top sliced too at early (£1.10p ish).. bloody fingers!

Still, kept most so am very happy with this consistent buying.

Are there broker forecasts out there?

[meganxmas] 14/9/2018 15:06

I bought 250000 asos at 5p and sold at 11p..... Hey ho.

[ccraig69] 14/9/2018 15:01

I sold ASOS at 12p

[5chipper] 14/9/2018 09:13

And still they continue to set new highs.

Mcap £65m

[douglas fir] 12/9/2018 15:18

"The unspoken sin of investing is selling good stocks too soon

A couple of years ago I met a fund manager in London who recalled with dewy eyes how cheap stocks became in late-2008 as the world trembled after the failure of Lehman Brothers. He fondly reeled off the household name blue-chip US companies his fund had snapped up at rock-bottom prices which went on to strongly recover the following year.

When asked if his fund still owned any of these wonderful shares he gave me a puzzled look. He was a value investor, he said somewhat defensively, and had sold all of them after they rallied and became, in his view, expensive. His fund was now filled with miners, foreign oil companies and all sorts of low-quality junk. Most of the excellent companies he had sold back in 2009 and 2010 have since trounced the wider market, and the performance of his fund.

The investing mistakes that commonly receive the most attention are when people buy something that falls in price and results in them suffering a loss. The second type of mistake people focus on are those of omission, or when an opportunity to buy a great investment is for some reason missed. Far less attention is given to a common mistake that is arguably a greater sin than both of these: selling an investment too early that goes on to perform fantastically well for many years.

The British fund manager John Armitage, one of the most successful, yet lowest profile, stockpickers in the world, described in an interview from 2007 how many of his biggest unforced errors tended to result not from buying bad stocks but from selling wonderful ones far too early.

Mr Armitage recalled how “I’ve bought stocks that have gone down, and they sear on your soul, but selling winners, that’s the big mistake . . . I have been a very bad seller of shares. I’ve sold lots of winners.”

I’ve bought stocks that have gone down . . . but selling winners, that’s the big mistake

John Armitage, fund manager
“Investors confuse rates of return with the potential for absolute gain. You make the mistake of misunderstanding the true potential,” he added.

It is easier to avoid overestimating the potential of a bad business than avoid underestimating the potential of a great one.

Frauds, fads and failures tend to burn out quickly, meaning their weakness becomes apparent over a few years rather than decades. The warning signs are usually clear. Bad businesses burn through cash rather than generate it, meaning they require constant access to fresh capital to keep going. They operate in highly competitive markets with no distinct advantage. They are prone to dilute investors by issuing additional equity or take on increasing leverage without generating sufficient returns on the capital they devour.

The long-term potential of exceptional businesses that compound their value over decades is far harder to spot.

It is a mistake committed by even the greatest investors. In 1966 Warren Buffett bought 5 per cent of Disney when it was a small-cap stock for $4m, and sold a year later for $6m for a 50 per cent profit. Disney is today worth just shy of $170bn and has returned billions in capital to its investors over the years.

“Psychologically, I don’t mind holding a company I like and admire and I trust and know that it will be stronger than now after many years,” he has said. “And if the valuation gets a little silly, I just ignore it. So, I own assets that I would never buy at their current prices but I am quite comfortable holding them.”

His advice in its broadest sense applies to all types of investors, be they hedge fund managers or individual savers who own low-cost tracker funds. Just because you wouldn’t buy now certainly doesn’t mean you should sell. As is so often the case in investing, once you have made a good decision, the best subsequent decision — and frequently the hardest to stick to — is to do nothing at all. "



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[otemple3] 12/9/2018 14:57

I have been the same but I have to keep reminding myself of other shares that I have sold out of after similar movements, only to regret it ever since. BKS are profitable, have significant skin in the game, huge margins and a massive untapped market - whats not to like.These could be many multiples of this price in 12 months imhoGLA and enjoy the ride

[boonkoh] 12/9/2018 13:51

SP definitely starting to enter blue sky territory! I'm so conflicted as I have equally good arguments to either sell my stake and bank profits or ride it even higher.

[29palms] 11/9/2018 21:07

A very good read from 5th July

Beeks Financial Cloud Secures 7000 VMs through Altaro VM Backup



For PI's looking to re-evaluate portfolio's and clear out some weeds you won't go far wrong with "out with the old and in with the new" by taking a stake in BKS

Maiden results were fantastic and paying a div

As always, DYOR

[hitsha1] 10/9/2018 16:31

hxxp://flip.it/F0h525

[hitsha1] 10/9/2018 16:22

Winklevoss Twins Receive Approval to Launch New Regulated Crypto Coin

[ragehammer] 10/9/2018 16:18

That article is from March.

[douglas fir] 10/9/2018 15:32

Feeling good,Louis!

[martywidget] 07/9/2018 13:31

Stockwatch: This AIM share could be a new growth play
by Edmond Jackson from interactive investor | 3rd September 2018 14:13

www.ii.co.uk/analysis-commentary/stockwatch-aim-share-could-be-new-growth-play-ii506688/

[masurenguy] 07/9/2018 13:12

Paul Scott's view on the recent results presentation:

In a videoed results presentation from Beeks, the CEO & FD talk through the presentation slides, then answer Q&A. What particularly impressed me, is that some of the audience questions are quite searching. Management answered them honestly, and were happy for the video to go out as is. That gives me a lot of confidence. Lesser companies would want the difficult questions edited out of the video, which does nobody any favours in the long run. Other interesting points from this video;

*Beeks has a stronger moat than I realised - the CEO said it took 5-6 years of blood sweat & tears to create its network of connections to over 200 financial exchanges worldwide - so not something that could be quickly or cheaply replicated.

*Strong organic growth, and rising gross margins expected - this should give a nicely leveraged benefit to profits. I wonder if forecasts might be too cautious?

*In the past, there was little to no sales effort - growth came from inbound sales enquiries, often referred by the exchanges themselves. This is remarkable in itself. However, Beeks is now building a proper outward looking sales force. This could turbocharge growth, I hope

*Despite a revenue miss (but margin beat) in recent results, the monthly run rate of revenue growth in Q4 had recovered strongly. There's a slide which explains this. There was a glitch mid-year basically, which has now been resolved. So the revenue miss is not important

*No competition with a self-service portal, so Beeks really does have a lovely market opportunity

*This video once again reinforces just what a high quality management team Beeks has - unusual for a £50m market cap company. I've come round to the view that successful small caps investing is mainly about backing great management, who also have a good business plan. Poring over the historic figures, and obsessing about valuation, is actually less important (although it still needs to be done). So in the case of Beeks, I accept that the shares are not cheap, but am prepared to overlook that, as my focus is on the longer term growth opportunity. The growth is not just hope/hype, it's actually happening - that's absolutely key

It's one of my larger long positions now, so obviously am talking my own book here. I intend holding this share for years, so very much an investment, not a trade. This could be a multi-bagger, looking say 5 years ahead, in my view, providing the growth rate is sustained.

[meijiman] 06/9/2018 14:29

I'm sure it could be done in half the time. Nontheless a compelling story.

[tomps2] 06/9/2018 14:25

Beeks Financial Cloud (BKS) Full year results presentation September 2018



(Audio & slides only)

Gordon MacArthur, CEO

Introduction – 00:17
What Beeks Financial Cloud does – 01:05
Global footprint – 03:00

Simon Goulding, CFO
Financial highlights – 04:50
Income statement – 07:38
Balance sheet – 08:17
Cash flow- 09:13

Capital expenditure – 10:25
Gross profit – 12:31
Sales – 14:15
Free cashflow – 16:55
Growth strategy – 17:55
Market opportunity – 23:40
Strategic priorities – 31:19
Summary & outlook – 41:57

[masurenguy] 05/9/2018 08:19

Well it motored straight through the 100p threshold - latest buy was @105p !

[masurenguy] 04/9/2018 16:17

100p threshold now breached with two buys of 2500 - one @100p and the other @101.98p. :0)

[tenapen] 04/9/2018 16:10

:(


Missed it !

D'ho.

[masurenguy] 04/9/2018 09:08

This mornings rise means the shareprice is up by 20% since results were released last Wednesday :0)

[masurenguy] 03/9/2018 19:32

Closed at an ATH. Someone paid 91p to buy just before the close !

[greasynut] 02/9/2018 08:14

The big investment houses that engage in High Frequency Trading (and front running) already have their servers set up in the exchanges. This created the infrastructure that Beeks have taken advantage of to provide a service to smaller funds and individuals who want to trade rapidly with algorithms.

It is a niche market at present and not of much interest to institutions (IMHO). I would imagine that competition is more likely to come from a start-up copying - or improving upon - the Beeks approach.

If the company executes as we hope/expect there may well be a trade sale further down the line at a few multiples of the current market cap.

Meanwhile we are relying on continued momentum to justify & advance the current share price

[masurenguy] 01/9/2018 12:58

Good response 5chipper. Beeks are focused upon being a low-latency provider to institutions on a global basis. Quite a niche market and they are not diversifying into other services.

I think that Gordon McArthurs reported riposte at the Derby presentation was spot on. If a large player like AWS wanted to extend their reach into this area, it would be far simpler (and probably cheaper too) just to buy Beeks rather than devote time and energy to compete with them. That would require setting up the processing facilities and then enticing Beeks existing customer base to change horses. I think that this will be Beeks ultimate destiny - to be bought out by a larger player who wants to add this facility to their portfolio of services.