Share Name Share Symbol Market Type Share ISIN Share Description
Cloudcoco Group Plc LSE:CLCO London Ordinary Share GB00B8GRBX01 ORD 1P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  -0.15 -13.95% 0.925 0.90 0.95 1.05 0.925 1.05 1,204,005 09:07:05
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Software & Computer Services 7.3 -5.6 -2.3 - 5

Cloudcoco Share Discussion Threads

Showing 276 to 298 of 300 messages
Chat Pages: 12  11  10  9  8  7  6  5  4  3  2  1
DateSubjectAuthorDiscuss
17/2/2020
11:07
The release of FY results from Warrington-based provider of managed and professional services to UK SMEs Adept4 - now renamed CloudCoCo following the £6.1m acquisition of the latter in October 2019 – marks the end of a phase for the company that has had problems acquiring new customers (see here). As the CloudCoCo acquisition closed after the 30 September 2019 year end, the FY results reflect the legacy Adept4 business which showed a decline in revenue from £10.2m in the prior year to £7.3m and deeper operating losses of £5m vs. £3.4m. Having struggled to attract new customers Adept4 decided to concentrate on its existing customer base, while reducing costs. It was also hit by the loss of a significant customer who contributed revenue of £0.7m in the prior year. Following this challenging period, the enlarged CloudCoCo entity can look forward to a new phase in its lifecycle. It has set four goals: increasing sales and cash generation, and reducing churn and costs. And there is an enhanced focus on customer satisfaction for both existing and new customers. A lot will be resting on the plans of Andy Mills, former chairman of CloudCoCo who has been appointed CEO; Mark Halpin, CEO and founder of CloudCoCo and now MD at the new entity along with his experienced business development team; and on the performance of the sales team. There is a plenty of experience within the enlarged company so it will be interesting to how it progresses over the coming year.
chimers
17/2/2020
07:12
Final Results RNS Number : 1324D Cloudcoco Group PLC 17 February 2020 CloudCoCo Group plc ("CloudCoCo", the "Group" or the "Company") Final results for the year ended 30 September 2019 CloudCoCo Group plc (AIM: CLCO.L), formerly Adept4 plc ("Adept4"), the AIM quoted provider of IT as a Service is pleased to announce final results for the year ended 30 September 2019 ("FY19"). These results reflect the performance of the legacy Adept 4 business only over what was a well-documented challenging period. FY19 Summary · Revenue in the year of £7.3 million (FY18: £10.2 million) and gross profit £3.7 million (FY18: £5.7million), reflecting the reduced emphasis on new business generation after the Board's strategic review; · Trading overheads2 fell by 23% to £4.0 million (FY18: £5.1 million), due to reduced cost base required by as a result of the Board's decision to focus on existing customer base; · Resultant Trading Group EBITDA1 loss of £0.2 million (FY18: profit £0.6 million); and · Reported loss after tax of £5.2 million (FY18: £3.8 million), stated after a significant non-cash impairment charge of £3.0m against goodwill and other intangible assets. Post Year End · Completion of acquisition of CloudCoCo Limited on 21 October 2019, bringing a strong and experienced sales and business development team to the Group; · The acquisition was satisfied by the issue of 218,160,568 ordinary shares of 1 pence each in the share capital of the Company, representing a total value of £7.2 million on completion; · Appointment of Andy Mills, former Chairman of CloudCoCo Limited as Chief Executive Officer of the Company; · Refinancing of the Group's debt, reducing loan note debt from £5.0 million to £3.5 million and extension of a new £0.5 million working capital facility; · Rebrand and change of the Company's name to CloudCoCo Group plc on 29 November 2019; · New business already being won and value of sales opportunities growing evidencing strong sales pedigree of CloudCoCo Limited team. Simon Duckworth, Chairman of CloudCoCo Group plc, commented: "The past couple of years have clearly been extremely challenging for the business. However, with the acquisition of CloudCoCo we believe we now have the right platform and the right team to re-invigorate the business and return the Group to growth. We are focused on four key objectives: increasing sales, reducing customer churn, reducing costs and returning to a net cash generation position. There are significant opportunities to improve performance by increasing customer satisfaction through improved customer service, combining CloudCoCo's proven and experienced salesforce with our existing operations. This will enable more sales to the existing customer base as well as driving new customer sales, and this is already being evidenced by new business wins and a growing sales pipeline. We can now look forward with renewed confidence."
moneymunch
10/2/2020
17:19
Steady climb back above 4p short term is my guess
computercoders
10/2/2020
16:02
Screaming buy
computercoders
08/2/2020
21:42
2,500,000 late report...could this be a rollover
twodegrees
07/2/2020
11:45
9 code = going to 9p. If you're a believer!
computercoders
06/2/2020
10:23
100 block buyer 1.04p printed. I'm taking some EUA profits over here shortly.
computercoders
06/2/2020
10:08
Fission453 - why does your handle sound like an anal tear?
computercoders
06/2/2020
09:16
What happened... U still holding from 2p!
matunde24
06/2/2020
08:35
Likewise. I like the odds.
chimers
06/2/2020
08:01
I took a couple of tranches at 0.95p seemed a no brainer
computercoders
05/2/2020
20:56
1p is very tempting.
chimers
05/2/2020
20:13
Monkey munch gone awol as usual... Shame on you
matunde24
05/2/2020
15:15
Hi everyone hope you are all doing well. I spoke to Mr Andy Mills on the phone this afternoon and thought I would give a brief update. As in the past, I confirmed with him beforehand that I would do this. So, everything is going to plan, the share price is as much a disappointment to them as it is to us. Nothing significant can be said as such without breaking the rules but we will get an update and results over the coming weeks. They are well aware that we want news and are working on a system to provide more regular news updates in the future. There is nothing to panic about the company has solid backing from MXCP and others. They are working on several fronts to start making a return for us all. Sit tight if you hold and I think over the coming year we will be rewarded. Perhaps one of you can mention this on the LSE site as I am not on that site.
tobyjugears
03/2/2020
14:24
How are a large number of the buys cheaper than the sell prices???
specialonek
03/2/2020
14:21
Because there is no news at all and people are bailing out. I do not blame them. A regular bulletin would help.
specialonek
03/2/2020
14:13
No reason for it as far as I'm aware. We'll have to wait and see.
freddie01
03/2/2020
14:00
why the drop?
fission453
03/2/2020
14:00
Buys almost caught up with the sells.
freddie01
03/2/2020
13:51
And before you slag me off, I am a supporter!
fission453
03/2/2020
13:50
moneymunch and Chimers, what have you to say?
fission453
03/2/2020
13:48
Clco cucuko is finished...
matunde24
03/2/2020
12:25
Haha are you sure this aint moneymhnch alias or chimers combined
acuransx
Chat Pages: 12  11  10  9  8  7  6  5  4  3  2  1
Your Recent History
LSE
CLCO
Cloudcoco
Register now to watch these stocks streaming on the ADVFN Monitor.

Monitor lets you view up to 110 of your favourite stocks at once and is completely free to use.

By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions

P: V: D:20200218 00:54:21