“Beeks! Who in Hell is Beeks?”
The activities of financial services group Beeks seem to sail worryingly close to the type of activities of its famed namesake from the 1983 film Trading Places. Regulatory concerns make the valuation look a bit rich to us.
Apologies to fans of the great 1983 film Trading Places for misquoting Mortimer Duke (who actually asks “where”, rather than “who” is Beeks, after private investigator Clarence Beeks goes missing), but we couldn’t resist the link to this richly valued financial services company.
But it’s perhaps a fairer question to ask: “What in hell is Beeks (AIM: BKS)?” The group describes itself as a low-latency Infrastructure-as-a-Service (IaaS) provider for automated trading in foreign…
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