Cloudcoco Share Price (CLCO)

Some good observations there ragnarlothbrok. Liquidity is an issue with this share, but I'm a big fan of the new BOD (since cloudcoco came in). Its a very capable sales team and deliery looks to have improved no end. Great sector to be in. This is just a matter of time. But there is a need to be patient as turn arounds are never as quick as you'd like.

Agreed - if the manage to land and then do some PR around a decent client win, it could make a big difference along with the improved 1/2 year results which will be out in June. It needs a bit of consistency and momentum to shake of the Adept4 hangover.

Looking back on the trades this week my 2 top ups on Monday were the only volume of the day! And those 2 trades alone moved the dial by around 5%. There is no stock around on this, a bit of good news will light one under it. You just don't see this type of business trading at 1x revenue these days. Quiet times like this are the best time to accumulate, not getting caught on the spike when results in a few months will likely show another healthy increase in sales. They have already told us that trading results are ahead of last year after only 4 months...

One downside of which I am well aware (and there are others) is that revenue would need to double to make a profit. Another is that I have no idea how much cash they have. And another is that loan note which will need to repaid at some point, although expiring in October 2024 and held by what appears to be a supportive shareholder, its a millstone incurring high interest p.a. and you would expect that to be converted to equity in the absence of a meaty raise or some serious cash generation over the next three years.

But I love a good turnaround story and management are spinning a good yarn

I've been buying a few of these over the last few days. This type of business should go for at least 3x recurring revenue. It's currently about 1.5x. They managed to grow revenue and start to get costs under control over the last year despite Covid, which is very positive. We could see some pretty rapid growth from a very low base. With a £7m cap it could all go pear shaped pretty quickly. It will take some time to rinse off the stain of the Adept reputation but the Redcentric link gives added confidence and it could very easily double on a bit of revenue growth. It doesn't look like we will get much news on this until results in June so may have to sit tight and be patient but it seems they made a good start to 2021 so lets see what happens

Somebody is hungry this morning 400k shares brought.
With a market cap of 7M & Softcat 4Billion, if we are 1/2 as big that’s a 100 bagger!!!
Linmited shares in issue all directors big skin in the game.
We have 600k cash in the bank should be trading in the 3-4p range on fundamentals alone.
Any news on new contract or renewals will see this re-rate big time!!
My price target is 10p in 12-18 months & a market cap of 50M.
GLA

This was 3 years ago today when the CloudCoCo journey and brand started as I launched the website. A company launched purely to provide the right answers to business with the right technology, rockstar service and highly talented and kind people. Over 350 customers have joined our technology movement since then and now have their IT provided and supported to market leading standards by our unbelievable teams.

Who knows, in 3 years time we might be as big as Softcat plc :) What I do know is I am highly grateful to those people who have supported us and believed in what we have been building here.

#thefuturestartsnow #dreambig with CloudCoCo Plc

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