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| Share Name | Share Symbol | Market | Stock Type |
|---|---|---|---|
| Cloudcoco Group Plc | CLCO | London | Ordinary Share |
| Price Change | Price Change % | Share Price | Last Trade
|
|
|---|---|---|---|---|
| 0.00 | 0.00% | 0.225 | 08:00:00 |
| Open Price | Low Price | High Price | Close Price | Previous Close |
|---|---|---|---|---|
| 0.225 | 0.225 | 0.225 | 0.225 |
| Industry Sector |
|---|
| SOFTWARE & COMPUTER SERVICES |
| Top Posts |
|---|
Posted at 19/10/2024 14:00 by clem h fandango Yes I saw that.I think quoting his credentials from CLCO is quite the cheek. Maybe bang on about a 30m company from a standing start but he might want to caveat the share price destruction whilst at it.I can borrow 100k from the bank, it doesn't mean I've grown my assets by "100k from a standing start"! |
Posted at 17/10/2024 08:23 by freddie01 Further Upside For CloudCoCo Group plc (LON:CLCO) Shares Could Introduce Price Risks After 220% BounceCloudCoCo Group plc (LON:CLCO) shareholders would be excited to see that the share price has had a great month, posting a 220% gain and recovering from prior weakness. But the last month did very little to improve the 58% share price decline over the last year. Even after such a large jump in price, CloudCoCo Group may still be sending buy signals at present with its price-to-sales (or "P/S") ratio of 0.1x, considering almost half of all companies in the IT industry in the United Kingdom have P/S ratios greater than 1.5x and even P/S higher than 4x aren't out of the ordinary. Nonetheless, we'd need to dig a little deeper to determine if there is a rational basis for the reduced P/S. How Has CloudCoCo Group Performed Recently? CloudCoCo Group has been doing a decent job lately as it's been growing revenue at a reasonable pace. It might be that many expect the respectable revenue performance to degrade, which has repressed the P/S. If that doesn't eventuate, then existing shareholders may have reason to be optimistic about the future direction of the share price. We don't have analyst forecasts, but you can see how recent trends are setting up the company for the future by checking out our free report on CloudCoCo Group's earnings, revenue and cash flow. Do Revenue Forecasts Match The Low P/S Ratio? In order to justify its P/S ratio, CloudCoCo Group would need to produce sluggish growth that's trailing the industry. Retrospectively, the last year delivered a decent 7.2% gain to the company's revenues. The latest three year period has also seen an excellent 255% overall rise in revenue, aided somewhat by its short-term performance. So we can start by confirming that the company has done a great job of growing revenues over that time. Comparing that recent medium-term revenue trajectory with the industry's one-year growth forecast of 8.1% shows it's noticeably more attractive. With this information, we find it odd that CloudCoCo Group is trading at a P/S lower than the industry. Apparently some shareholders believe the recent performance has exceeded its limits and have been accepting significantly lower selling prices. The Final Word The latest share price surge wasn't enough to lift CloudCoCo Group's P/S close to the industry median. Typically, we'd caution against reading too much into price-to-sales ratios when settling on investment decisions, though it can reveal plenty about what other market participants think about the company. We're very surprised to see CloudCoCo Group currently trading on a much lower than expected P/S since its recent three-year growth is higher than the wider industry forecast. Potential investors that are sceptical over continued revenue performance may be preventing the P/S ratio from matching previous strong performance. It appears many are indeed anticipating revenue instability, because the persistence of these recent medium-term conditions would normally provide a boost to the share price. |
Posted at 16/10/2024 06:17 by clem h fandango So CLCO becomes a "Scan Computers" style online reseller to consumers and business, whilst the consultancy and support side of the business goes to pastures new.Growth opportunities aside (and the retained business was one of the bright spots in 2023/24) will be interesting to see what the future holds here. Market cap wise. We have what? An enterprise value of a few M of intangibles and nearly a million in the bank, plus the sale of connect to come. All at a mcap of just over a million. Will be interesting to see where this goes. |
Posted at 09/10/2024 11:47 by clem h fandango MXC really have to take some of the blame here. They had a presence on the board and knew the debt was looming - seems they were more focussed on the potential exit from their investments and shutting down than working with CLCO on a solution. If I were an MXC holder I'd be asking some questions as to why this was.As previously alluded to when having a sizeable holding, the least worst option was to convert the debt to equity freeing up CLCO to expand rather than be saddles with debt. At 1.2p to 1.6p and a market cap above the debt this was an option, down here I expect that door is closed. |
Posted at 05/8/2024 11:41 by cordwainer I suppose I just assumed it was about a competitor operating in northern england, but unsure if it was a threat to CLCO or just an indication of industry growth. Sorry I didn't do any extra research around it. |
Posted at 27/6/2024 06:30 by adrian j boris Interim ResultsCloudCoCo (AIM: CLCO), a leading UK provider of Managed IT services and communications solutions to private and public sector organisations, is pleased announce its interim results for the six months ended 31 March 2024 ("H1 2024"). Financial highlights: · Revenue increased by 11% to £14.3 million (H1 2023: £12.9 million), of which 62% was generated from Managed Services (H1 2023: 70%) · E-commerce revenues from MoreCoCo increased 125% to £3.6 million (H1 2023: £1.6 million) · Gross profit remained stable at £4.3 million (H1 2023: £4.3 million), a reduced margin of 30% (H1 2023: 34%) as a result of the increase in e-commerce and other one-time revenues which typically command a lower margin · Continued focus on saving costs and increasing efficiency, with administrative expenses reduced by 4% to £4.9 million (H1 2023 £5.1 million) · Trading Group EBITDA1 increased by 33% to £1.2 million (H1 2023: £0.9 million) Operational highlights: · 24 new "logo" customers added in the half (H1 2023: 27), reflecting the continued investment into the Group's sales and marketing functions · New multi-year customer wins including Support Warehouse, Allied Services Limited and High Availability Hosting Limited · Increase in Cyber Security revenues driven by real-time threat reporting and management · Strategic partnerships with Ingram Micro and Solace Global Cyber continue to enhance the Group's capabilities and create new revenue opportunities · Continued improvement in customer satisfaction levels currently sitting at 97.8% at June 2024 · ISO27001:2022 Accreditation extended across all Managed Services businesses 1 profit or loss before net finance costs, tax, depreciation, amortisation, plc costs, exceptional costs and share-based payments Ian Smith, consultant to the Board and Interim CEO of the Group's trading entities, commented: "These interim results do not reflect the period of my tenure, but they do highlight a number of the challenges that the business faces and which we will work on resolving to ensure the Company can meet its liabilities and is able to look to the future with confidence." |
Posted at 12/5/2024 14:31 by stockpicker12 Question is do they still have the same sales and growth fire power with Mark stepping down? He says on LinkedIn he’s still invested in CLCO, so there must be some confidence going on behind the scenes! |
Posted at 10/5/2024 08:29 by premium beeks MXC are really going to struggle to exit their investments and wind up as they want to.TIA results out, and not a single trade. Company doing well enough underneath but I do struggle to see how they exit without a wholesale sale to another insti. In this market not gonna be easy.An enlarged TIA/CLCO could have legs though. I wonder what the board are thinking? |
Posted at 10/5/2024 06:43 by premium beeks TIA results out today, very similar theme to CLCO.Bear in mind that CLCO took over some underperforming stuff from TIA (then IDE) which didn't help. I wonder how TIA would have looked if that had not happened. |
Posted at 09/2/2024 21:12 by stockpicker12 Historical index on London Stock Exchange : E "Should I invest in CloudCoCo Group stock?" "Should I trade "CLCO" stock today?" According to our live Forecast System, CloudCoCo Group Plc stock is an awesome long-term (1-year) investment*. "CLCO" stock predictions are updated every 5 minutes with latest exchange prices by smart technical market analysis. Q&A about "CLCO" projections. |
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