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If the market likes them then the weekend papers may pick up coverage. Can work either way
Not a good omen
cloudBuy @cloudBuyplc � Feb 16 We're expanding our UK team of software developers! An exciting opportunity for those with C# and SQL experience
Good to see, and on relatively few trades as well. Would be nice to hold gained ground this time instead of slumping back to 2/3p. Wait and see.....
I think revenues will be higher than 2016 of 1.7m but below market expectations which I don’t know what they are. I expect loss to be around £2m and therefore see breakeven after that and then towards profitability. If all this materialises then the stock is incredibly cheap.
Revenues were about �1.7m (2016), but the key will be the reduction in admin costs which were a staggering �4.8m (2016) ...they did have �24m of tax losses(2016) to carry forward against any future trading profits (haha) The Directors expect the EBITDA loss for 2017 to be around half that of 2016.....which suggests that indeed, those admin costs have been tackled, head on So, the operating lossfor the yearcould come down to about �2m Amusing to think that the BOD could achive some of their massive options merely by closing loss making projects and cutting costs and shrinking the business ....shareholders must be chuffed at that thought, whilst most of them sit on losses
Results due in March. The way I read trading update is that it did not say revenues will be less than last year but said they would be lower than market expectations. I noticed a 100k buyer yesterday - 4 times!
Activity. Another P&D raid brewing?
We have to wait for results to see what Cloudbuy owes and is owed .Pointless doing any workings till results come out. Mr Gibbons does though appear to have a lid on costs.
Meant to use ‘are’ and not aid!
Agreed the NHS aid the key and must work. I was pleasantly surprised on the cash number. So they prob had about £800k still left excluding the £1.7m so they appear to have costs firmly under control. Cash burn had significantly come down in my view.
I don�t work for TW. He has got it in for this stock though, at the end of the day he could be correct. Revenues have gone down in 2017 that is not a good sign. It�s an expensive share if one adds up the sum of the parts. Around �12 M you can�t even deduct the �2.5 at year end because that�s required to get CLOUDBUY to profits. Reading between the lines after last weeks trading news its just the NHS that holds out any hope.
Dustbin - you have gone quiet again? Will you reappear again when there is some adverse news to report. Do you work for TW?
Just another question on the cash balance. What do you make of the amount Dustbin?
Did you see the cash in hand dustbin in the rns?
Dustbin can you answer my previous question?!
Cloudbuy � warns on revenue, when will the cash run out? By Nigel Somerville, the Deputy Sheriff of AIM | Thursday 25 January 2018 You have to pay to access the article I am told.
Maybe Mr Sella should become a customer too...nobody else seems to want to be.... If he bought himself a sales contract the SP would rise, doing himself a favour... The question is...how much more can they squeeze out of costs, whilst the revenues are so poor....?
Take a look at ffwd. Cash positive. Buying back shares 8 investments value hidden factom. Yooya nuu massive growth if your fed up with this
I take that to be a kind of 'profit warning' then. Thought recent rise was too good to be true. Glad I sold half my holding at 7p..albeit at quite a loss (10p avg), but doubt we will see that price again for some time, if ever! Hopeless company frankly. back to the 2/3p level I expect and zero interest from anybody.
Cash balance looks better than I thought it would!
As usual. I suppose the company Will survive. Usual share price up from 2p to 8p and then bac!kdown to 2p. Only for trading as it stands
I believe they do but it’s negligable
Correct me if I'm wrong but did the company earn a small fee from visa transactions or has that finished?
The big difference this year should be, that at long last, the expenses and the cost of running the company, should, come more into line with the slowly increasing revenues. They cast their net too wide,wasting money in areas that didnt bring in revenue. By now being more disciplined and more selective on customers things 'should' improve. The losses in the last few years have been unnecessarily high. It still is a slow train moving and personally I think it will take another 2 years before there is a significant change to the balance sheet. Sella could obviously do very well with this...looking at how many potential shares he could convert and how cheap....and while he waits he earns interest on the loans...potential lucrative win:win for him His loan notes conversion to shares is obviously dilutive depending how he drips them in and when IMO DYOR