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The spread is 33% at the moment. No way I'd consider buying at 16p ask and 12p bid.
More sells than buys, yet price is up 10%. Welcome to AiM world.
I got out at the last spike and have counted myself lucky. This is a total bag of **** stock .
Same again tomorrow would just put it nearer to where it should be. GL
Nice volume , way oversold in my view and late 20's initial target but some positive news and back over 30p! omho GL
tp 25p++
on
if ceo were stepping down, that would lifeboats time ....but it is the non exec chair ...priced for no growth already imv
Please explain why the company treading water until the new deals kick into the figures warrants another near 50% drop in the sp? IMV the drop is already overdone?
The RNS is an honest admission of the CEO who predicts a pretty poor year ahead with the company flat lining. Despite the deals made, he is stepping down and I feel that is a big giveaway to where this company is heading. I've been in this one for a while but I don't forsee news for a while and.this dropping sub. 10
Drop way overdone and perhaps orchestrated at 9.31 am? Company's figures are flat not down and will still be in profit! Look at all the progress they have made all in the RNS. Exiting chairman overly pessimistic and bounce to come but only imho. GL
to 20p ish? ..net net atm/dyor
how's it going??
Thanks for all the info cliveas ,well down here but will avg down soon waiting for the bottom which I hope is close one of my buys was at 49p ouch ,as you say their is lots of promise in the results ,and at this stage any sniff of good news will see us back at a more reasonable pe and sp
This appointment will enable RapidCloud to help Alibaba.com enroll Malaysian SMEs into its Gold Supplier membership, offering Alibaba.com's Malaysian Gold Supplier members, typically exporters, traders, retailers and manufacturers, certain value-added services via the international business-to-business platform operated by Alibaba.com. 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 Alibaba.com Malaysian Gold Supplier members. 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 Alibaba.com 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 of its existing 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. We expect the challenging trading environment experienced in the first half to continue through the remainder of the current financial year. We therefore expect the financial results for the 12 months to December 2016 will now be similar to last year, which is below current market expectations. However, the Company will continue to invest in its own corporate development to expand the number of products, services and territories it currently targets. Furthermore, with strategic distributors and partners now in place, the business is now on a much sounder footing than ever before and is well placed to benefit from any upturn in its end markets. Now if this is how the company performs in difficult market conditions then this company is going to grow thrive and survive imho. Now at PE of 3. Yes figures are flat but still generating a profit with a lot of growth to come.Will increase my position here. GL.
I believe R Chee has been overley pessimistic . I have found these positives in the report : During the six-month period to 30 June 2016, the Company launched a Disaster Recovery as a Service ("DRaaS") solution, appointed distributors in Thailand & Malaysia in addition to announcing a contract win worth approximately RM550,000 and, perhaps most importantly, signed a major strategic partnership with AliCloud for South East Asia. DRaaS Service DRaaS is a cloud delivered disaster recovery managed service for protecting companies from loss of mission critical data in the event of a man-made or natural disaster. It is designed to ensure business continuity by minimising downtime and disruption in the event of server failure or other disaster. RapidCloud has also successfully signed two strategic partnerships with Symphonet Sdn Bhd ("Symphonet") in Malaysia and Interlink Communication PCL ("Interlink") in Thailand to market its new disaster recovery as a service managed services. Both strategic partnerships allow Symphonet and Interlink to offer its customers a selection of RapidCloud's enterprise applications, beginning with DRaaS packaged together with their fibre connectivity, to provide a seamless and reliable high-speed transfer of critical data between the customer's primary server and RapidCloud's DRaaS facility. During the period, the Company announced a contract win with Wellmart Online Sdn Bhd ("Wellmart"), a subsidiary of the automotive & plantation conglomerate Delloyd Ventures Group, for the Company's e-commerce portal system development tools and consulting services. The contract is expected to generate revenue of approximately RM550,000 in its first year of operation. RapidCloud will also be providing its comprehensive ecommerce consulting services to Wellmart from Infrastructure to platform, to user experience and go-to-market strategies leveraging on its digital and social media marketing capability. In March 2016, the Company announced its wholly owned subsidiary, RapidCloud (M) Sdn. Bhd., had signed a strategic partnership and distributorship with Alibaba.com Singapore E-commerce Private Limited ("AliCloud"), the international business and cloud computing arm of the Alibaba Group (NYSE:BABA). In July 2016, the Company was selected by Sime Darby Global Services Centre Sdn. Bhd. ("Sime Darby"), a subsidiary of Malaysian conglomerate Sime Darby Group, for the integration between the IFCA Enterprise Resource Planning ("ERP") System and ReadSoft Process Director Business Automation tool worth approximately RM200,000. In August 2016, the Company was appointed by Alibaba.com, a global B2B platform of Alibaba Group, as an authorised Gold Supplier membership channel sales partner for Malaysia.
results out no time to analise but profits flat but still in profit and outlook is good?
As can't believe how far this has slipped off the radar! Alibaba indeed! GL.
I think this share will move up today
Only thing I can think of is a placing is coming. Cash is low and mms walking it down. Guessing they have an idea it's coming. Based on 30 plus sales guys I'd guess it's a mill at 25p area. Just a hunch but it's just dropped on great news
Taken 4 small lots now. Wondering if we will have a HNL effect. They had no real rise on the MOU for a week then it went mad from 4 p to 13p. We have not risen on our rns. Well I have another small order at 29p just incase.
Can't control the sp but I have been reading more and more. 4th buy from me on a drop . Missed 32p yesterday I will get it today if it drops.
Mms taking the ... I know it's a small market cap but still!
44p down to 32p. Some stops... top up chance. Taken 2 small lots will add another this week
well I wouldnt look at a quick trade! not much stock and MM's kepping it big.