Cloudcall Share Discussion Threads

[qackers] 08/1/2019 11:45

Possibly moving up prior to trading statement on 15th and capital market day on 17th Jan?

[supernumerary] 13/12/2018 10:34

'We remain strong buyers.' - and yet they're not on the major shareholders list ;¬) I think they mean 'we recommend other people to do as we say not as we do, and buy lots of these shares.' Advice which, if taken, would have resulted in substantial losses.

[140661] 13/12/2018 07:35

This note was put out in late September by Cenkos one of Cloudcalls brokers. At the time the shares were 111p, since then they have fallen over one-third!

"Vonage has announced that it is acquiring one of CloudCall’s key competitors, NewVoiceMedia. This acquisition provides strongly favourable read-across valuation data. The CloudCall share price has now reached a level which is disconnected with anything approaching fair value. We are strong Buyers.
. Vonage acquisition. Vonage has announced the acquisition of NewVoiceMedia (NVM) for $350m. The acquisition will assist Vonage in offering an integrated cloud communications platform and strengthen its position in the mid-market. NVM is an unquoted UK company with a significant international presence. NVM’s unified communications platform integrates only into salesforce.com and it is therefore a competitor in this partner only to CloudCall. Its market positioning is subtly different too with its focus being on larger scale call centre operations with prevalently inbound contact environments.
. NewVoiceMedia. Headquartered in Basingstoke, we believe NVM has secured over $140m of funding in a series of financing rounds over the past few years. The most recently available accounts state that it generated an operating loss before taxation of £21.5m on revenues of £32.2m (+37% YoY) for the year to January 2017.
. Comparable growth rates. The enterprise value paid for NewVoiceMedia represents approximately 3.8x projected 2019E revenues (source: Vonage). CloudCall has a comparable growth rate in revenues to NVM (H1A: +30% YoY). Applying a 3.8x EV/Sales multiple to CloudCall’s 2019E sales we arrive at a target price of 205p. This stands 83% above the current share price.
. Unified solution. The strategic rationale of creating an end-to-end communications platform will not be confined to Vonage and this acquisition could well prompt further consolidation in the sector. CloudCall is trading on a 2019E EV/sales ratio of 2.1x only. We remain strong buyers."

[deltrotter] 06/12/2018 08:34

Fingers crossed 140661. I have always admired your faith in the company no matter what price they are, £3 or 60p.

[140661] 06/12/2018 08:31

I am definitely going to attend, come along del be nice to meet you. I understand your suspicion but if we look at the figures from the interims to June, the Company had net available cash of around of £4.25m so plenty of headway. The interims were disappointing but not terrible and since then the share price has fallen around 60%. The interims also mentioned a number of initiatives that the company had introduced to speed up growth. If these initiatives are paying off then we could be seeing a very positive backdrop to next year and in those circumstances the shares will look very cheap at today's levels. The question we should ponder is would the company go to the trouble of holding an investor day with Bullhorn and Microsoft representatives if the figures were going to be anything other than good/very good? Personally, I doubt it so that together with the shares being valued at less than 2x revenues for a SaaS business which is very low and finally some buying from one of the non execs who has not purchased for over two years tells me now is probably a good time to buy.

[deltrotter] 06/12/2018 07:53

Any report back would be appreciated timbo. I am very suspicious that they need to raise here. Again.

[timbo003] 06/12/2018 07:47

I think I will go along to this, I need to get up to speed on where they are and whether cash is required in order to execute the plan and if so, where is it going to come from.

[deltrotter] 06/12/2018 07:37

Could be ahead of another raise....

[140661] 06/12/2018 07:24

Copy of todays announcement shown below:

Reading between the lines, I suspect its quite likely the company will be saying some fairly positive things about trading in the second half, otherwise why host such an event? You would have to be very sadistic and stupid to put on such event if the figures were going to be disappointing. Recent fall in the share price here looks massively over done. Its probably a great buying opportunity now, shame we have such bad market backdrop, but fortune favours the brave!


CloudCall Group plc
("CloudCall", the "Company" or the "Group")
Notification of Capital Markets Day

CloudCall (AIM: CALL), a leading cloud-based software business that integrates unified communications technology with Customer Relationship Management (CRM) platforms, notifies that it will be holding a capital markets day to be held in the Cinema Room, Sky Light City Tower, 50 Basinghall Street, London EC2V 5DE between 12.30 and 14.00 on January 17 2019.


The day’s agenda will include:

Discussions on the underlying SaaS metrics behind January’s trading statement – due for release on January 15 2019

A chance to hear from Bullhorn and one of our Microsoft CRM partners
- Why they chose to partner with CloudCall
- Why are unified communications solutions important to their customers

A demonstration of our latest product innovations

Opportunity for a Q&A with partners and members of our senior management team


To register for this event or for more information, please contact the Company directly at [e-mail]

[deltrotter] 30/11/2018 09:54

Phew - like I said. Not a good sign when those guys buy.

If there is a placing it looks like it will be at distressed levels....

[deltrotter] 09/10/2018 16:22

Not been a good sign in the past!

[ali47fish] 09/10/2018 16:07

both cfo and ceo bought today- hope this helps the sp

[jimbojet17] 09/10/2018 07:55

As has been said many times before, this isn't a stock for widows, but I remain a holder. Vs when I bought in circa 4 years ago things are (gradually) becoming more positive. They will be a good takeover target for one of the CRM vendors. I presume Bullhorn would be the most likely but MSFT could be a contender if they focus more on that partnership.

[jimbojet17] 09/10/2018 07:52

Miton did sell out, didn't see anything about L&G though

[the millipede] 08/10/2018 14:58

“That were sold? Why has the share price increased?“

Because we are seeing only the aftermath. Sales of that magnitude will depress the price while they are in progress. Ie while market makers are trying to shift such large volumes of stock and before we ever get to hear about it.

What the notification now tells the market is that the selling has stopped. So there is less stock around being shifted, which means any buyers have to pay a bit more to get hold of it..... hence the price goes up.

Weird but there you go.

[analyst] 08/10/2018 13:10

From the tranche sizes it looks like Miton and Legal & General have sold out. Buyer will have to be revealed in an RNS soon.

[nthn] 08/10/2018 09:54

That were sold? Why has the share price increased?

[gdjs100] 05/10/2018 20:47

Some of those trades were cancelled (this doesn't show up on the feed here, not on the mobile app anyway). There were 6 real block trades (1.6m, 1.34m, 1.146m, 595k, 191k and 100k) totalling almost 5m shares. Still over 20pc of the company!

[davemac3] 05/10/2018 14:54

that's about 10 million dumped at 90p

[deltrotter] 05/10/2018 12:42

To be fair, he has spun the company enough to last this far HE.

Considering it has not been able to break the cycle of cash raises that is an incredible effort on his part.....

[horndean eagle] 05/10/2018 11:55

Saw the overhang go. Was going to go and buy a few but just thought about it and decided not to. Think I have been in long enough to now given them zero benefit of the doubt. Think Cleaver has to go. Appreciate hes passionate about it etc but its been a disaster.

[davemac3] 05/10/2018 10:04

big volume this morning, looks like sells, maybe an overhang has cleared as share price is up

[jonbirdy] 26/9/2018 13:45

Thanks 140661. Very useful. Are you a Research Tree subscriber to see the whole broker note? Just asking in case it’s free-to-view elsewhere.

[deltrotter] 26/9/2018 08:01

Tx for that

[140661] 26/9/2018 08:01

Cenkos believe Cloudcall is significantly undervalued at 111p, at 100p its getting very tempting indeed.

CloudCall Group Plc (CALL LN, 111p, £26.8m, BUY)
Strongly undervalued


Vonage has announced that it is acquiring one of CloudCall’s key competitors, NewVoiceMedia. This acquisition provides strongly favourable read-across valuation data. The CloudCall share price has now reached a level which is disconnected with anything approaching fair value. We are strong Buyers.
n Vonage acquisition. Vonage has announced the acquisition of NewVoiceMedia (NVM) for $350m. The acquisition will assist Vonage in offering an integrated cloud communications platform and strengthen its position in the mid-market. NVM is an unquoted UK company with a significant international presence. NVM’s unified communications platform integrates only into salesforce.com and it is therefore a competitor in this partner only to CloudCall. Its market positioning is subtly different too with its focus being on larger scale call centre operations with prevalently inbound contact environments.
n NewVoiceMedia. Headquartered in Basingstoke, we believe NVM has secured over $140m of funding in a series of financing rounds over the past few years. The most recently available accounts state that it generated an operating loss before taxation of £21.5m on revenues of £32.2m (+37% YoY) for the year to January 2017.
n Comparable growth rates. The enterprise value paid for NewVoiceMedia represents approximately 3.8x projected 2019E revenues (source: Vonage). CloudCall has a comparable growth rate in revenues to NVM (H1A: +30% YoY). Applying a 3.8x EV/Sales multiple to CloudCall’s 2019E sales we arrive at a target price of 205p. This stands 83% above the current share price.
n Unified solution. The strategic rationale of creating an end-to-end communications platform will not be confined to Vonage and this acquisition could well prompt further consolidation in the sector. CloudCall is trading on a 2019E EV/sales ratio of 2.1x only. We remain strong buyers.