Ridiculously cheap? | Lending book growth | Concerns
The product offering from a “social entertainment powerhouse” covered in our update here won’t appeal to everyone, but the shares are starting looking incredibly good value as we reflect here. Elsewhere, positive contract news from a connectivity provider for financial markets has lifted the shares, but we continue to have concerns about its capital demands and business model. Read on here for more on this and other small cap news.
Beeks: plenty of contract news, but…. Beeks Financial Cloud (AIM: BKS), a cloud computing and connectivity provider for financial markets, has announced three additional contract wins across its Analytics, Proximity Cloud and Private Cloud offerings, with a combined total contract value of c.£1.7m. Revenue recognition for £1.1m of this is expected to commence this month, supporting expectations for the current financial year to the end of June – so in the nick of time! The latest contract news has come shortly after Beeks announced a first contract for Market Edge Intelligence®, its analytics platform. Beeks has signed a 5-year contract…