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BKS Beeks Financial Cloud Group Plc

258.00
-4.00 (-1.53%)
22 Nov 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Beeks Financial Cloud Group Plc LSE:BKS London Ordinary Share GB00BZ0X8W18 ORD GBP0.00125
  Price Change % Change Share Price Shares Traded Last Trade
  -4.00 -1.53% 258.00 141,699 16:35:19
Bid Price Offer Price High Price Low Price Open Price
258.00 266.00 262.00 259.00 262.00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Computer Related Svcs, Nec USD 22.36M USD -89k USD -0.0013 - 174.65M
Last Trade Time Trade Type Trade Size Trade Price Currency
16:35:19 UT 5,000 258.00 GBX

Beeks Financial Cloud (BKS) Latest News (1)

Beeks Financial Cloud (BKS) Discussions and Chat

Beeks Financial Cloud Forums and Chat

Date Time Title Posts
22/11/202412:07Beeks Financial Cloud Group plc832
03/10/202410:37Beeks-
23/8/202410:10Beeks Financial Cloud Group 254

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Beeks Financial Cloud (BKS) Most Recent Trades

Trade Time Trade Price Trade Size Trade Value Trade Type
2024-11-22 16:35:19258.005,00012,900.00UT
2024-11-22 16:27:48258.0074190.92O
2024-11-22 16:27:47258.001641.28O
2024-11-22 16:27:47266.00615.96O
2024-11-22 16:26:22258.113,5419,139.68O

Beeks Financial Cloud (BKS) Top Chat Posts

Top Posts
Posted at 22/11/2024 08:20 by Beeks Financial Cloud Daily Update
Beeks Financial Cloud Group Plc is listed in the Computer Related Svcs, Nec sector of the London Stock Exchange with ticker BKS. The last closing price for Beeks Financial Cloud was 262p.
Beeks Financial Cloud currently has 66,659,074 shares in issue. The market capitalisation of Beeks Financial Cloud is £174,646,774.
Beeks Financial Cloud has a price to earnings ratio (PE ratio) of -2015.38.
This morning BKS shares opened at 262p
Posted at 19/11/2024 11:08 by felix1
Good question. Nasdaq has been an open secret for some time and has already lifted the share price. But Beeks were clear that it wasn't in their public forecasts so there should be a FY25 Beeks and broker upgrade when formally announced. But I think the bigger impact will be in Beeks's profile among investors. Beeks is not widely covered & volumes suggest mainly a PI trade. This is a big story for a small AIM stock. Furthermore with Beeks on a world tour of marketing events (currently at the World Fed of Exchanges conference), announcing Nasdaq alongside JSE gives them unique credibility across the full spectrum of exchanges. The business case for smaller exchanges is particularly strong and they are able to move more quickly than the big exchanges. .
Posted at 19/11/2024 08:17 by route1
Whether or not the Nasdaq deal has been announced, as currently it does not seem to be reflected in the share price.
Posted at 25/9/2024 14:36 by philly cheesesteak
Anyone read this article today?



"Aim shares face ‘cliff edge’ if UK axes tax break, warns Peel Hunt boss"

"Currently, shares held on London’s junior Aim market are generally exempt from inheritance tax. But there are rising concerns in the City that chancellor Rachel Reeves may remove the tax break to help shore up the UK’s public finances at next month’s Budget.

Peel Hunt boss Steven Fine has written to the Financial Conduct Authority to warn that such a move would trigger a sell-off in the market that could wipe up to a third off its value.

He said financial advisers would feel compelled to tell their clients to sell smaller stocks if the tax break were removed, owing to “consumer duty” rules that are aimed at protecting individuals from foreseeable harm.

“This would put further selling pressure on Aim stocks,” he told the FT.

“I’ve made the FCA aware that the abolition of Aim tax relief could cause severe market distortions, especially if advisers feel compelled to withdraw clients’ money for fear of breaching consumer duty rules if they don’t. But this could be one of those rare cliff-edge moments for Aim stocks.”

He added that “some advisers have already told us that under consumer duty rules, they will feel duty-bound to tell clients to remove their money” if tax relief is removed, noting that Aim is already “an illiquid market”.

"Peel Hunt estimates there is around £6bn in funds created for Aim stocks with inheritance tax relief, while individuals have about £5bn directly invested. Removing this money would be likely to lead share prices down by 20-30 per cent across the index, Peel Hunt added."

--------------------------------

It's surely the perfect excuse for market makers to walk stocks down over the next month, as they are with BKS today, and plead they were simply 'managing their risk'. Either way, looks like another October nadir is heading our way, which would be the third in a row. Surely better times aren't far away.
Posted at 25/9/2024 08:18 by masurenguy
spwh100 - at circa 234p the shareprice has dropped by 18% from its ATH some 5 weeks ago. Daily trading volumes have been moderate - around 75% of average trading volumes over the past 3 months. To put this into further prospective, at the ATH of 283p on 22/8/24 the shareprice had trebled over the past year. Consequently some profit taking is inevitable. At todays price of circa 234p the increase in the shareprice is still 260% over the past year. Beeks is priced on potential rather than the normal valuation metrics that apply to more established companies. There is plenty of growth still to come but one needs to take a 2 to 4 year timeframe to see it significantly impact revenue and profits.

I have held this share for 5 years with an average cost price of circa 60p. I sold 35% of my stake in Septemcer 2021 @198p to recoup my entire investment leaving the 65% balance in place since I believe this will be taken out at a premium by another FinTech company in the future. I then watched the price gradually sink by circa 50% over the next 2 years to 90p last September. It then shot up by 300% over the following year to 283p. I still hold my 65% and and have not been tempted to take profits since this still has a long way to go over the next few years. This is a solid buy and hold and investors shouldn't be dispirited by the recent retrace as in the longer term this will not be significant.

Checkout the commentary from William Tamworth of Artemis that is referenced in my above post #673. His analysis of current and future potential is spot on in my opinion.
Posted at 15/9/2024 14:02 by masurenguy
Cheers ianhamo.

Gerais Williams commented: "What’s interesting about Beeks Financial Cloud Group is it’s quite a small company, but it’s got a global market leadership, particularly in its exchange cloud offerings. Proximity cloud has also been big, private cloud too, but particularly exchange cloud and that’s been very much rolled out in the Johannesburg Stock Exchange. What’s been interesting about that isn’t so much how successful it has been in terms of improving the efficiency of the market, but actually that they needed to roll out an additional contract extension very quickly afterwards. It led to extra volumes, it led to extra turnover, it led to better transaction prices, and that’s been a feature.

Of course, importantly, from our point of view, they’ve started winning out contracts, and they’ve announced a very large exchange contract. We don’t know quite which organisation it is, it’s going to be very big, it’s probably something like NASDAQ, we don’t know. Most particularly, this is a company where its service level offerings are going to be adopted, we think, considerably going forward. It has net cash, clearly the share price has come up with the contract announcements but it’s the nature of many of these small micro-cap companies. They start overlooked and then as they succeed, their share prices can appreciate quite significantly, and particularly because they’re in the UK, which is an area where a lot of share prices have been fairly depressed over recent years, we’re going to see, these kinds of companies if they succeed, hopefully generating not just attractive returns, but much better returns than you get in most other global markets."
Posted at 20/8/2024 15:06 by hatfullofsky
The potential is huge, clients connect to exchanges for various reasons, short term to test models, longer term to implement those models and trading strategies. All this takes time (especially for a new client), hardware, connectivity, validation, DR etc, this is costly and time consuming. BKS offer a cloud option with easy access, scalability and now resilience (which means end clients are adopting the BKS solution into their core processes).

If you know the Kano Model, Delighters (such as BKS, offering a new, innovative and better service) over time become standard features.

Members (clients) of one exchange are more than likely members of multiple exchanges (paying multiple fees) if they have a better service from one they will request (demand) the same service level from the other exchanges. So the growth for BKS could be exponential.

If all goes well I believe the trade sale will be at Unicorn levels, £1bn+ share price 1650p within 5 years.

Above £150m will get institutional investors interested, I think we'll see a little more of that now
Posted at 20/8/2024 14:18 by philly cheesesteak
Maddox, you have to do a bit of modelling work to start to understand why the last 6 months have been such a tipping point & why based on available info shares still look very good value.

Start with the last 4 sets of annual results. Note 3/4 which reconciles operating profit is particularly useful as it allows a private investor to strip out depreciation & amortisation and start to model what the next few years could look like if, as expected, those expenses plateau whilst revenue continues to expand.

Underlying gross margins here have averaged around 68% over the last 4 years, however they have been obfuscated by increased D&A, especially the last 2 years as they invested ahead of exchange cloud growth.

If we input £50m topline for FY27 and remove the 32% underlying COGS then we have an underlying gross margin of £34m. In H124 D&A totalled £3.2m, let's prudently assume this hits £9m by FY27. That leaves £25m to cover staff costs & other admin expenses, in FY23 this cost centre was £9.9m.

The point is it isn't a stretch to see 2-3 year PBT in the region of £10-15m, and that would just be the bull case based on NASDAQ adoption following a similar pattern to JSE.

If we get the ASX, TSX, Hong Kong & Singapore exchanges following the JSE & NASDAQ then top line could go well beyond £50m.

AIM / LSE participants seem obsessed with price anchoring & looking backwards, where could BKS get to in 5 years time? That's what the share price & market cap should reflect.
Posted at 19/8/2024 08:01 by philly cheesesteak
I always think it's easy to assume that most market participants on AIM small caps read bulletin boards, and would therefore be aware of the NASDAQ document that circulated last week, confirming they were the customer. However, the reality is that only applies if you were already interested in Beeks & happened to be switched on mid August.

For many would be shareholders, this is the type of contract that gets them interested in a new company. And with good reason too. It's transformational to the future prospects of BKS, and therefore the potential future value of the company. NASDAQ could quite literally partner with anyone in the world, its a massive vote of confidence for a £160m market cap & confirms BKS competitive position is second to none.

The share price is now in price discovery mode and has hit another all time high this morning. Once the partnership is officially unveiled in the coming weeks / months, I think we'll be trading substantially higher.
Posted at 14/8/2024 08:19 by faz
Kirkie Beeks sales are projected to be £30m ; their value on the stock exchange is nudging £150m, so 5x the amount. IT companies generally trade on high multiples rev. vs market cap and 5x is nothing to make an issue about . I think the point is spurious.

P/e is price to earnings ratio: the multiple of eps to share price. So an eps of 5p and a share price of 100 = p/e of 20. A forward looking p/e is the only measure to take note of and even then what is more important is growth. Check out the PEG which is the historic p/e (using last year's normalised Earnings) and dividing it by the consensus forecast EPS growth for the next year.

That's a better measure imho - a PEG of 1 or less is a very good sign. I make Beek's forecast eps growth around 30% for next year (min.) and their historic p/e in Oct 23 was 25- so a PEG of 0.83 a strong buy signal. But there y'go, (the current p/e is higher but eps growth might be higher) you make investment decisions based on the way you analyse a company's business and market value.
Posted at 22/7/2022 12:32 by maddox
Took the opportunity to top-up this am. At 132p we're way below the 165p "significantly oversubscribed" fundraise and on the back of two significant product launches - Proximity Cloud (just after last Fin Year)and Exchange Cloud (13 June - so very recent). Both of these are described as 'transformative' and at too early a stage to have a visible impact on the reported results.

We're in a risk-off market and BKS share price has drifted in the absence of any supportive news. However, the obligation to report new business wins has now reduced due to their diminished significance - so this may explain the silence.

All will become clear in the next trading update that cannot be too far off. And we should at least learn, in the next few months, which Exchange is launching Exchange Cloud - albeit probably white labelled and under their own 'brand'. Let's keep our eyes open for that one.

Regards, Maddox
Beeks Financial Cloud share price data is direct from the London Stock Exchange

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