Reasonable value and in sound financial shape. At least that is the view on here [link]
NEW ARTICLE: Why RapidCloud surged 465% in days "LSE:RCI:RapidCloud made an impressive market debut in 2013, but tax issues and geographical hurdles have kept its share price on a downward trend ever since. However, after making an all-time low in January, the cloud subscription-based computer ..."[link]
Buy buy Good time to buy. Well undervalued.
46p short term target.. The stock of RapidCloud International PLC (LON:RCI) is a huge mover today! The stock increased 23.53% or GBX 5.06 on February 29, hitting GBX 26.56. About 270,758 shares traded hands or 687.55% up from the average. RapidCloud International PLC (LON:RCI) has declined 20.00% since July 29, 2015 and is downtrending. It has underperformed by 12.91% the S&P500. The move comes after 8 months positive chart setup for the GBX 6.17M company. It was reported on Mar, 1 by Barchart.com. We have GBX 46.21 PT which if reached, will make LON:RCI worth GBX 4.57M more.RapidCloud International Plc is a provider of software solutions to businesses through Southeast Asia. The company has a market cap of 6.17 million GBP. The Firm provides cloud computing, Web hosting, online business services and information technology services. It has 8.68 P/E ratio. The Firm offers three types of cloud computing delivery models, namely Software-as-a-Service (SaaS), Platform-as-a-Service (PaaS) and Infrastructure-as-a-Service (IaaS).
Outlook, Excellent .. OutlookThe Company is encouraged by new tendering opportunities which it is being invited to participate in, particularly of a larger scale. Furthermore, the Company has also received positive feedback for its new product developments and expect these to contribute to growth in the business in 2016. Raymond Chee, Managing Director of RapidCloud commented: "Whilst the period under review was challenging, we believe the Company is now well placed to return to meaningful growth in 2016. All the directors are committed to delivering shareholder value and demonstrated this by electing to receive the scrip dividend earlier in the year. "The economic environments in which we operate appear to be improving and we believe our enhanced product and services suite is well placed to capitalise on any growth in our target markets. Management is therefore confident 2016 will be a much more positive year for the Company."
Current share price/Value So with a company value of £6.202 million at the current share price of 30p.The company has stated they will make the same as 2014 so £3.2 million.It may well be one of the most undervalued companies on the market?I bought today and am very happy to continue buying.Results are due on or around the 6th like last year. BUY!!
Exciting Times Something exciting is going to happen here soon. Experience tells me. Stand by for fireworks.
Strong Buy Market cap only £7m Expecting strong results.
Re-Wake up Hi Guys.What does it take to wake up this bb.This will be a 10 bagger.
Re: Re-CEO Sorry guys it is not this ceo but it is the chairman.
Re-CEO This ceo knows what he is doing.he was involved in SQS.just look at how that has turned out.Top man for the job.