Cloudcall Share Discussion Threads

[horndean eagle] 16/7/2019 13:51

Don't think anyone is happy they are missing forecasts. No one is oblivious to the fact they have blown through a lot of cash and lost a lot of money but the travel of direction is heading the right way. For now at least 2020 numbers haven't been adjusted too much. Indicates its more of a timing issue re customer sign ups and going live rather than a lack of demand for the product. Cleaver said their spending on product development is holding steady. If that is indeed the case then we should see steady progress on reducing losses on a monthly basis. Still looking at monthly breakeven second half of 2020. Whether than threshold is met 3 months or 9 months late is not a huge deal as long as growth still carries on at 20-30%a year thereafter.

[zipstuck] 16/7/2019 13:08

It doses look as if they have spent £2.2M raised in January and getting a larger borrowing facility points to another placing

[brucie5] 16/7/2019 12:20

"I don’t want CALL to be profitable if it’s at the cost of growth."

Interesting post, Jimbo. The US interest may well coincide with yours, then. I'm still very curious to see what PS says, though I suspect it will be more of the same.

[jimbojet17] 16/7/2019 12:16

I've always maintained that I don't want CALL to be profitable if it's at the cost of growth. I work for a US software company and have worked for a few others, Ive also invested in many over the recent years - they approach this totally differently. CALL is trending in the right direction. If there was deceleration in key metrics I'd be worried, but that's not the case. I accept it's not one for the retirement portfolio, but as someone who's held for 4-5 years, I'm happy with everything but the SP

[brucie5] 16/7/2019 12:15

US investors will be key. They have been buying into the recovery story, and will no doubt decide soon whether it was the right Call. Pun intended.

On the chart, FWIW, it looks no more than a pullback to the base of the rising trend, which has broken up over the 200. So in theory, a good price to buy.

[jimbojet17] 16/7/2019 12:10

Agreed, and Cleaver was refreshingly honest about some things that didn't pan out as expected which is rare.

[montyville2] 16/7/2019 11:53

While I understand investor frustrations, I think the call was very positive. We will see if the company is over-bullish, but I did get the feeling that everything seems positive, moving in the right direction. Time will tell of course but I will be keeping all my shares.

[pj 1] 16/7/2019 11:47

jimbojet17
16 Jul '19 - 11:35 - 681 of 681
0 0 0
Very fair comment. There is far more to be positive about here than negative. The only negative I can see is a missed broker forecast, but the upside surprise potential here is significant
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Doesn't every Company have '' significant upside surprise potential''?


You do not see the fact the Company burns cash and has never made a profit as a negative?

Seriously, the only negative the Company has is a missed broker forecast?

[deltrotter] 16/7/2019 11:43

Oh guys I agree, there is always a time to invest. I got it BADLY wrong. Horrendously so.

BUT, there have been MANY, MANY times over the years where the outlook was deemed to have been positive and yet it hasn't turned out that way. Each and every time, SC has said things are going great and we are nearly there.

Remember, he has to say that, anydeviation from that and the company is finished....

So, I am undoubtedly, because of my poor timing, biased and negative.

Maybe this time is different....

[gdjs100] 16/7/2019 11:43

Credit here to Simon Cleaver and team with regards to the regular webinars. Their openness and willingness to answer questions from private investors interactively should be commended.

[140661] 16/7/2019 11:42

The trading update podcast was reassuring and I remain a holder. I would expect to see the new US shareholder buying more stock at these levels.

[jimbojet17] 16/7/2019 11:35

Very fair comment. There is far more to be positive about here than negative. The only negative I can see is a missed broker forecast, but the upside surprise potential here is significant

[horndean eagle] 16/7/2019 11:21

i think its a bit harsh. compare where CALL is now relative to where it was. Eventually 30% a year growth in revenue will translate into a decent profitable business. There is slight sympathy for CALL in that they are up against competitors who are given huge budgets and able to rack up eye watering losses. CALL have to keep up pace on a tiny relative budgets.

[pj 1] 16/7/2019 10:29

2012 4.9 million shares x 85p = £4.2m MC

Share dilution of almost 400% to 26.5 million shares to date (undiluted)

Still no forecast profits for 2 years that I can see.


Zero free cash flow and NIL returns to shareholders

Director Remuneration of £3.537 million since 2012. (and counting)(£624k in 2014!!!)

It may be worth researching the lifestyle of these Directors and questioning them on the true agenda of the Company when first listed, as it seems to me the initial Market Cap has been given to the Directors in Remuneration.

I haven't checked options.

[deltrotter] 16/7/2019 10:13

How many times over the years could have copied your post there Horndean?

I have no doubt the call at 11am will hugely positive and a corner has been turned .....

[horndean eagle] 16/7/2019 10:09

Missed forecasts by some distance. Prob delayed start up and a timing issue but again the company seems accident prone. So frustrating.

[montyville2] 16/7/2019 10:00

Its a good update as far as I am concerned. Looking forward to the call at 11am.

Be interesting to see what Paul Scott says on the SCVP on Stockopedia later...

[jimbojet17] 16/7/2019 08:21

Bonkers that anyone would sell on this news given a decline in SP

[davr0s] 16/7/2019 08:16

It's noise - trading update price chops around especially in small caps. Not remotely bothered and no point trying to fit the news to the latest price

[zipstuck] 16/7/2019 08:13

I think its the cash burn. They've spent a lot of the recent placing and will need more,

Margins reducing and UK not performing.

Might come good.

[deltrotter] 16/7/2019 08:04

Maybe just cynicism / scepticism samsj....

[samsj] 16/7/2019 07:57

Is it right it's opening down 8%? Were forecasts higher? Cheers

[jimbojet17] 16/7/2019 07:55

Very pleasing update, and at last stringing a few of these together. I bet we'll hear some exciting hints at these big deals to come on the earnings call later...