Cloudcoco Share Discussion Threads

[premium beeks] 08/5/2024 15:58

What's needed is the interim boss to give a candid update, and immediately get the trading update out. Plenty of synergies with TIA now, can't rule out some kind of merger there either in the long term.MXC want their value out, will be interesting to see how they play this.

[premium beeks] 08/5/2024 15:42

Still a good line available by the looks.

[premium beeks] 08/5/2024 14:15

Got 1.3m across 2 trades.Likely printed in an hour.

[premium beeks] 08/5/2024 14:01

I had an order in for 1.5m shares at 0.3. unable to fill less than 0.38p, so may be showing that a bottom is in for now.

[cordwainer] 08/5/2024 13:48

market cap now at approx. 25% of tangible assets.
but last 2 years annual losses > market cap.
the high admin expenses need looking into.

[premium beeks] 08/5/2024 13:00

Yada yada yada

[twodegrees] 08/5/2024 11:22

Feeling suicidal....I can't believe what is happening

[premium beeks] 08/5/2024 10:36

The issue now of course is as the market cap drops, the debt looms larger.I was "comfortable" at a bottom of 0.7p if clco inflated the debt away with shares - sure we would have 100% dilution but a very healthy company (from what we know) and little debt. A 5p upwards price not out of the question in that scenario.Down at 0.25, that dilution will wipe out if it happens, and I don't see many other viable options now on the horizon.Not read marks posts, my posts were always my honestly held views here and I documented all my thoughts, positive and negatively whilst publishing my trades. This will always attract the very dross of society like Markwell obviously is. I'm saddened for the people around him.

[premium beeks] 07/5/2024 13:34

Mr Halpin now a "Creative thinker driven by fire", according to his linkedin profile.

Oh well, at least his ego is still intact.

SCE in a similar boat.

[nigoil] 02/5/2024 10:32

You're a fine one to talk purple11........LOL

Just remind me how your 2.3p PPP shares are doing?.......LOL

Simples!........;-)

[cordwainer] 02/5/2024 07:54

Advfn currently showing 100% spread

[purple11] 01/5/2024 22:20

Premium Beeks

o dear

youre not having much luck in this game are you?

stick to Bingo with the ladies


now pull up your pants and shuffle off .........

[twodegrees] 01/5/2024 22:18

So I suppose until a new CEO is selected we will have no idea of the future direction.....which can only mean more share price falls. Surely this plays into MXC hands....they can mop up another load of cheep shares for a fraction of the cost...

[spittingbarrel] 01/5/2024 18:49

YEP mine, 100%, just like every other trade I've ever done :)

[premium beeks] 01/5/2024 17:36

That's a shame.Did we ever work out whose fault that was?

[spittingbarrel] 01/5/2024 16:47

Got rid of my last 400,000 at .4 this morning, nice to be free of them.

[premium beeks] 01/5/2024 09:51

I dunno, they seem to be doing ok out of it. A guaranteed rate of return year on year coupled with first dibs of the assets if they can't pay is not a bad place to be.Where else do you get such a return on investment?My shares got mopped up yesterday, so the "distressed" seller bit is out of the way for now. You may get a bounce back today so good fortune to all if you do! Fortune favours the brave!

[stockpicker12] 01/5/2024 08:52

The bit I’m confused about here is that MXC are a major stakeholder and therefore all they’re doing is stinging themselves by keep lobbing on this interest it’s like they’re trying to strangle themselves. Very strange you would think at with how the company is growing positively over the last few years they would cut themselves some slack. We as shareholders need some good news and MXC are now the only ones who can deliver this. If they want CLCO to be successful they really need to stop impeding the growth!!

[markwell] 01/5/2024 07:32

deekers, your post demonstrates that you are one of the few posters here who clearly understands the financial predicament. I also don't see how the existing debt to MXC can be repaid over the next few years plus the additional new £550,000 arrangement fee.

A possible solution could be for MXC to acquire the rest of the shares at a nominal cost, restructure the company and then sell it on as a debt free operation, with the consideration offsetting a significant proportion of the their outstanding debt. Of course, to achieve this they would need to keep the business operating and revenue increasing.

[cordwainer] 30/4/2024 20:49

Every board member / insider except Mark, plus MXC capital (was already on the board by owning >10%) equals just over 50% of the shares who could in theory have voted Mark out. Unless I've got the wrong idea about how that works. However, I'm not presuming that Mark needed to be pushed.