Sapan Ghai, CCO at Sovereign Metals, discusses their superior graphite test results. Watch the video here.
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I'm also one that paid well over for this S**t share, just like VAST :(
The share that doesnt stop taking, what a sh.t fest this is!!
Thanks for your comments Trek. So based on your calculations do you think the current SP seems fair?
P.s it would be amazing if clco rerated like the other 2 companies you’ve mentioned.
It’ll come given another set of good ARR numbers.
Ebitda is £302k after acquisition costs against a recessionary macro outlook.
Same applies here as elsewhere, market is unconvinced as yet so folk watch from a position of cash waiting for the right time to invest.
There are also ‘better/safer’ plays available at least from a mcap perspective like CNIC, D4T4 etc
Good luck with your investments
Trek
Must be a re-rate coming!
How is a CloudCoCo now turning over £11m per year with promises of more to come only worth a market cap of £8m?
Losses attribute to acquisitions of 3 other companies just for this year so shouldn’t the SP be more?
Definitely on the right track and some great progress. Losses have increased as expected, but looking at the commentary these are now under control and the 2nd half of the year will again show further good progress. After a VERY long journey, the future is genuinely looking good for this business now. The next 12-24 months should see it really push on.
However, those who have been long suffering shareholders will know, don't expect good comms, or regular PR to come out. I suspect they will keep making very good progress and we'll see when the full year results are updated towards the end of the year. In the meantime - I live in hope of more regular updates/PR/news of client wins. Anything!
Well they're certainly on the right track now...
Looks like there has been a complete disconnect between revenue and Mkt cap. I know turnover and top line visibility mean little without a consistently decent operating margin, but to my eyes this is starting to look seriously cheap.
Looking through the interim results things are certainly on the move within the business, let's hope there is a positive move in the SP to match
Looking back at previous dates for interim results announcements, it could be anywhere between tomorrow (9th June) if in line with last year, or end of the month (28th) if in line with previous years before that.
Keep you eyes peeled people. Hoping for a good jump in revenue. From what I can piece together probably an increase from £4m to £12m, but with profitability negatively impacted due to IDE acquisition.
Let’s see what reality looks like. It’s time that re-rate happens which we’ve all been talking about (hoping for) for the last 2-3 years! ????
No - it’s just the relaunch of the more computers website. Which I have to say is considerably better and probably gives them the opportunity to add an extra £1m on to revenue in the next 12 months or so. But not a game changer or anything that’ll shift the SP.
the news cannot be that significant, they cannot release news which would affect the share price in advance.
Reasonably active twitter feed of late, there is some kind of procurement news landing tomorrow. Not sure if it will be market sensitive
https://twitter.com/cloudcocoPlc
Posted by twodegrees on the other site.
CloudCoCo Plc is looking for office space for up to 50 of its southern-based operations team as we continue to expand. If you have space just south of London Bridge then please get in touch as we want a modern new home for some of our amazingly talented 24x7 support and technical teams. Please email hello@cloudcoco.co.uk with details and prices. We'd like to be in as soon as possible
Todays trades (19th) were buys not sells as registered
Admittedly Hammered11 - it’s easier to say these things when you’re not in the red. At one stage in Adept4 days I was at 3p and SP at 0.3p! I’m confident though. Stick with it
Well, lets just hope you too are right as I am in here at over 2p and I'm not averaging down anymore, as all I see with my own eyes is a dropping SP with me going further into the Red.
Agree with justfacts. 1/2 year results will be out in early June where I think there will be good progress again.
But the market is nervous, liquidity and volume of this share is very low so the current SP is not any reflection on the company performance. Right now this is an amazing buy. This company will get snapped up in the next 2 years for 4-6p - in my opinion.
Nonsense. The share price and what is happening at the company often diverge. That's where smart investors make good returns. The share price has come off with market on low volumes. Great opportunity to add more of a fast growing and increasingly profitable company here.
This share is slowly but surely looking very dodgy, no interest across the market and gradual drop.
I have to say I am a bit worried here, and now wish I had sold out at 1.80 a while ago :(
That's something you should possibly discuss on the Loopup board as we're only interested in Cloudcoco here.
I see we're hiring again according to Twitter.
Loopup cloud telephony is way more advanced
How come the market caps are the same
I had a bit of change leftover from another trade I'd made.
@Magoo247 an interesting point, but it's difficult to swallow criticism from a poster that makes himself after a not too bright short sighted caricature.