Rapidcloud Share Discussion Threads

[a0502162] 27/3/2015 14:40

Keep us posted, sounds interesting!!

[shammytime] 27/3/2015 13:30

6 Degrees Managed Data are sniffing around. Should have more information very soon...

[gocanes] 17/3/2015 10:16

perhaps the market has concerns over the level of receivables and cash collection

[a0502162] 16/3/2015 11:02

Not yet, shame really, perhaps folks don't like to see a profitable company!!

[packman8] 16/3/2015 09:06

No interest in this share after positive update this morning.

[a0502162] 19/2/2015 07:56

At last, some positive news that someone seems to like.

[a0502162] 04/2/2015 21:28

So, by the article you posted why should this be 5p .....after all it has business in Singapore??...........or have I missed the point here? Over to you stevio!

[steveo18] 04/2/2015 19:15

Interesting primer


How The Foreign Corrupt Practices Act Is Affecting Asia
Posted by: Asia Briefing January 10, 2015

The Foreign Corrupt Practices Act (FCPA) is a piece of United States federal law that aims to achieve accounting transparency and clamp down on corruption. Its remit is extensive and includes both U.S. companies and companies incorporated in the U.S., along with their officers, directors, employees, stockholders, and agents. The act prohibits payment to foreign officials, which it broadly defines as being: “any officer or employee of a foreign government or any department, agency, or instrumentality thereof.”
Although in place since the late 1970’s, actions under the act have been particularly prolific over the last year. The American government has already settled a number of corporate FCPA enforcement actions, including the US$384 million settlement in January with Alcoa Inc for the bribery of officials of a Bahraini state-controlled aluminum smelter.
As foreign investment into the Asia-Pacific region has increased dramatically over the last decade, so too has the scrutiny and enforcement efforts of the FCPA. The act’s investigators are likely to be even more active in the coming year, with the U.S. Department of Justice claiming that the investigations will be conducted more “swiftly, efficiently, and effectively”. As we approach the new year, we take a look at how the FCPA might affect key nations in Asean.

PHOTO: Gunawan Kartapranata
Asean Headquarters in Jakarta
The 10 member states that make up Asean are among the most populous and fastest growing economies in the world. Thanks to an abundance of cheap labour, the region is fast replacing China as a global manufacturing hub and the land is rich in natural resources. The December 2015 deadline for the Asean Economic Community (AEC), which aims to turn the 10 nation bloc into a single market and production base, is just around the corner.
Tariffs and other barriers to FDI are being slashed; previously well-guarded sectors are, for the first time, being opened up to the outside world; and movement of labor is growing ever freer. It therefore comes as no surprise that foreign investment into the region has been increasing dramatically in recent years.
However, as is often the case with fast-growing frontier markets, corruption is rife. Underpaid bureaucrats and government officials will often expect payments for providing routine yet necessary services, and there is often a lack of political and regulatory transparency. The line between the public and private sectors is often blurred, and there are constantly opportunities for bribery, either unwitting or otherwise.
Inevitably, the increasing flow of foreign investment has attracted the attention of FPCA investigators, who have been stepping up their efforts throughout the whole of the Asia-Pacific. In November, U.S. President Barack Obama met with APEC leaders who agreed to “elevate their efforts in fighting corruption and bribery” across the region.
Violating the FCPA can have severe consequences and a full understanding of the law and how it affects where your business operates is therefore paramount.
Singapore
The city state is something of an outlier. It ranks consistently high in Transparency International’s Corruption Perceptions Index (CPI) as not just the least corrupt Asean nation, but one of the least corrupt countries in the world. This year it ranked seventh out of 175 countries. Its transparent legal regime and modern banking system have made Singapore a popular destination for foreign investment, particularly amongst those hoping to launch their operations into Asean. Risk of corruption is minimal, and there has been no recent action by the FCPA there. Indeed, Singapore has become something of a compliance hub for the region.


Read more: How the Foreign Corrupt Practices Act is affecting Asia hxxp://www.establishmentpost.com/foreign-corrupt-practices-act-affecting-asia/#ixzz3QnzVYRpV

[santar] 01/2/2015 08:54

Insightful research from steveo18 - another moron filtered

[steveo18] 31/1/2015 12:33

cant believe this is not 5p yet

[aylingd] 30/1/2015 09:30

Hopefully this change of advisor will do some good & get us some wider coverage. I've not seen anything from Allenby since June 2014 when the share price was circa 75p.

There certainly have been some erratic price movements of late with no explanation from company or advisors to put shareholders minds at ease.

D.

[a0502162] 13/1/2015 08:53

Not sure what's happening with it really…….but something is stiring, me thinks.

[cascudi] 12/1/2015 19:15

market maker game to get cheap share? ???
don`t think there are many share available

[a0502162] 12/1/2015 11:40

Oooops clicked twice.

[a0502162] 12/1/2015 11:40

Yes, basically at the end of Fridays auction or, balancing act, the mid price shot up to 50p.....................hence the fall this morning to get it back to where it should be....................daft but true!!

[packman8] 12/1/2015 10:04

Any ideas for the 21per cent drop today with no shares traded?

[a0502162] 09/1/2015 08:22

Even odder opening!!

[a0502162] 08/1/2015 17:05

Odd close!!

[a0502162] 10/12/2014 12:44

In a normal share this would be classed as getting volatile..................almost!!

[a0502162] 02/12/2014 15:57

Something is stirring but it could just be that "it so low it's probably worth a punt" attitude!!
Still I think it's a worthwhile company despite being in Singapore...................which does happen to be a very successful country.

[raysor] 02/12/2014 10:40

Anyone still following Rapidcloud?
Drifted down to 40p from placing of 54P in July.

Announced what appeared to be two very large orders in August which briefly stemmed the decline.

Last couple of days looked interesting with rise of 7-8p over two days. No volume though.

Announcement of directors purchases seem to have triggered the rise. But there can't be anything in the pipeline otherwise the directors wouldn't/couldn't have bought.

To me it seems an interesting company but maybe Singapore puts UK investors off?

[a0502162] 01/12/2014 12:12

Seems to be a bit of buying interest going on?