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Share Name Share Symbol Market Type Share ISIN Share Description
Rapidcloud LSE:RCI London Ordinary Share JE00B8FX4C95 ORD NPV
  Price Change % Change Share Price Shares Traded Last Trade
  +0.00p +0.00% 13.00p 0 05:00:01
Bid Price Offer Price High Price Low Price Open Price
0.00p 0.00p - - -
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Software & Computer Services 179.27 5.77 43.90 0.3 2.8

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big bear billy: LSE:RCI OKSearch Rapidcloud Share News (RCI) 7Follow RCI Share Name Share Symbol Market Type Share ISIN Share Description Rapidcloud LSE:RCI London Ordinary Share JE00B8FX4C95 ORD NPV Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade +13.00p +48.15% 40.00p 35.00p 45.00p 45.00p 30.50p 30.50p 162,006 11:39:48 Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m) Software & Computer Services 179.3 5.8 43.9 0.8 8.68 Print Alert RapidCloud International PLC Channel Sales Partner for in Malaysia 12/08/2016 10:57am UK Regulatory (RNS & others) Rapidcloud (LSE:RCI) Intraday Stock Chart Today : Friday 12 August 2016 Click Here for more Rapidcloud Charts. TIDMRCI RNS Number : 0553H RapidCloud International PLC 12 August 2016 RapidCloud International Plc ("RapidCloud", the "Company" or the "Group") Appointment as Channel Sales Partner for Malaysia RapidCloud International plc (AIM: RCI), an enterprise cloud computing infrastructure, software and solutions provider based in Southeast Asia, announces that its wholly owned subsidiary, RapidCloud (M) Sdn. Bhd., has been appointed by, a global B2B platform of Alibaba Group, as an authorised Gold Supplier membership channel sales partner for Malaysia. This appointment will place RapidCloud (M) Sdn. Bhd. as one of's authorised Gold Supplier Membership channel sales partners in Malaysia. This appointment will enable RapidCloud to help enroll Malaysian SMEs into its Gold Supplier membership, offering's Malaysian Gold Supplier members, typically exporters, traders, retailers and manufacturers, certain value-added services via the international business-to-business platform operated by In addition, RapidCloud will be able to up-sell its existing software suite including digital marketing, e-commerce and sales automation tools, e-mail and cloud services as well as provide local support and training services to both existing and prospective Malaysian Gold Supplier members. It is expected this agreement, which is complementary to the partnership with Alibaba Cloud (the cloud computing arm of Alibaba Group) announced on 8 March 2016, positions RapidCloud well to sell both Alibaba tools and services and its own proprietary software to Gold Supplier members to enable them to rapidly expand the volume of transactions they complete, thereby adding significant value to those enterprises. RapidCloud will initially deploy at least 30 sales people to capture this market opportunity over the first six months of the agreement, which will expand to at least 40 sales people within the first year of the agreement. Raymond Chee, Managing Director of RapidCloud, said: "The partnership with an esteemed global business-to-business leader such as will enable the enterprises in Malaysia to benefit from this powerful trading platform. We believe the ability to procure local support, training and access to other B2B products proprietary to RapidCloud, from a local company they are familiar doing business with is particularly compelling to customers and ultimately benefit enterprises across Malaysia. "Collaboration with partners who can offer complementary products and services will undoubtedly play a central role in RapidCloud's organic growth strategy. This partnership with fits particularly well with this strategy and delivers significant value to our shareholders." CONTACTS
nimrod22: re share price increase over last few days: Clearly many knew there was something good about to happen
a0502162: You can't beat a good news flow to boost a share price.
cottoner: Malaysian cloud player makes debut on London's AIM Edwin YappAug 16, 2013 •Good start to Rapid Cloud International's listing on London's AIM exchange •Banking on Indonesia, Thailand, Philippines for next expansion wave MALAYSIAN software development and cloud service provider Rapid Cloud International Plc (RCI) was successfully listed on the London AIM (Alternative Investment Market) on Aug 14. Comprising four subsidiaries – Emerge Systems (M) Sdn Bhd, Emerge Software Solutions (M) Sdn Bhd, Emerge Systems Philippines and Emerge Systems Thailand – RCI's share performance rose consecutively over two days of trading, hitting a high of £0.79 as at press time (Aug 15). Its share price closed at £0.69 or 29% higher than its offer price of £0.54 on its debut on Aug 14. Raymond Chee, managing director and majority share holder of RCI, said the higher-than-expected debut trading price was not anticipated and that company officials only expected a 10% to 15% premium on its first trading day. "I'm pleased with the performance of the shares on the first day of trading [when it went up 29%]," he told Digital News Asia in an email. "It clearly shows there are investors who are interested in technology companies which are involved in the enterprise cloud computing sector based in South-East Asia. "The group has a lot of growth potential and will leverage on its initial public offering (IPO) to expand into fast-growing countries such as Indonesia as well as to expand its offices in Malaysia, Thailand and the Philippines," he added. Established in 1999 by Chee and his cofounder Kenneth Cheng Ju Wan, RCI claims to have a scalable business with a base of over 36,500 customers, including small and medium enterprises (SMEs), government agencies, multinational corporations and large enterprises. RCI provides a range of proprietary products, including core web and mobile site builders and e-commerce products, and also engages in software development projects for enterprises. It also offers infrastructure-, platform- and software-as-as-a-service to its customers. For its financial year ending 2012, RCI recorded an EBITDA (earnings before income, taxation, depreciation and amortisation) of RM4.3 million on the back of RM9.4 million in revenue. It also recorded a compound annual growth rate (CAGR) of 25% between 2010 and 2012, while its income as a percentage of sales grew from 5% in 2010 to 39% in 2012, according to company filings. Chee (pic) said that the higher-than-expected share price on the first [and second] day was bolstered by the company's positive cash flow, zero debt and the anticipation of paying a regular dividend to its investors, something that many investors in the AIM market look for. When asked what were his near-term expectations in the coming months, Chee said he expects his research and development (R&D) team to continue to develop relevant web-based applications for its enterprise customers. At the same time, Chee said RCI would also be actively looking into the possibility of strategic acquisitions within the region in order to complement its organic growth of its business in South-East Asia. According to company documents, the AIM listing has raised approximately £1million (before expenses), through the placing of 1,851,948 new ordinary shares at £0.54 per share. The placing was arranged by Allenby Capital and First Columbus Limited and the number of ordinary shares in issue immediately after admission was 17,368,971, giving RCI a market capitalisation of £9.4m, the company said in a statement. Company documents noted that the purpose of the IPO was to fund the growth in RCI's business, and that the net proceeds of the placing will be used for geographical extension and expansion. This includes Indonesia, where the group does not yet have a local presence, as well as in Thailand and the Philippines. Additionally, funds will be used to enhance RCI's group sales and marketing teams, fund its investment in innovation and R&D, infrastructure expenditure and working capital purposes, the company said. RCI counts amongst its customers Deloitte, BAE Systems, Canon, AmAssurance, AmBank, the Securities Commission of Malaysia and the Companies Commission of Malaysia
raysor: I initially thought this was just a company jumping on the cloud bandwagon and wasn't convinced after a conference call before the IPO. Not so sure now but the share price has rocketed anyway. This is the second successful placing by Allenby in a row. You have to be careful when talking about the cloud as it has been around for ages (the internet is basically in the cloud), in fact since the 1950's but, I believe the exciting part of cloud computing is its ability to connect a multitude of users in different locations sharing resources and communicating with each other as if they were in the same room. It has got a name but don't ask me what it is. There are of course some major players involved: IBM, Amazon,VMWare but there must be opportunites for niche players like RapidCloud (and, of course, Iomart). You might find this thread of interest. hxxp://
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