http://www.moneyam.com/shareprice/?epic=atuk




What is @UK PLC?
@UK PLC enables all sizes of business to trade online quickly and easily with all types of customers.
With @UK PLC , suppliers can not only take orders '24 / 7' from councils, businesses, schools etc, they can also send electronic invoices for accurate on-time payment.

If you sell to consumers, @UK PLC can also provide online card processing facilities. Larger suppliers can link their existing website into the @UK PLC network. Small suppliers can enter their item or service details quickly and easily into one of our low-cost hosted ecommerce websites, beginning at just 48+VAT pa. Once connected, customers can pass details of all commitments into their finance system, saving time and administration.

15 million of free advertising from Google to atuk customers shot the sp up big time as google don't do that without good reason. The co is well established already and the gov has just launched green initiative via its platform. It is expected that all gov depts can source goods as cheaply as possible and show the carbon footprint for each contract.
Hot areas--green initiative and economic benefits for the economy. so a sort of green ebay! I have great hopes for this one over time--thanks very much aldwickk for the chart.

Excellent post from cielo on the other thread about the barclaycard deal. All coming together nicely.

Looking very good for 2011.

Price has held up well so I agree a very good 2011 in prospect and the ceo has added to his 20 mill shares--strong reason to get the sp up!!

We're off again--must be good news coming. Very quiet here so far where is everyone?

After seeing the director buys at 11p decided to dabble a bit here and see where we go.....up I hope.,.

drat! but congratulations to all who have done well here - i sold way too early a while back as thought rise early on would never hold - having another look urgently! i like the director deals here, bc et cetera!

Long term this could be a real winner. Yes it has already done very well but with google backing it, a deal with barclaycard, government support for its services -it seems it has only just started to grow. imo.

Money exchanges online is growing and growing, got to pay my tax online, vat online plus all the commercial dealings. Shouldn't think it can go wrong.

mp / bb - agreed - i am hoping for a little dip to get back in but also very aware not to leave it too late - will watch this closely may need to pay more than i would prefer here!!

Directors buying more and nice rise again--looking good!! this floated at 60p so I'm looking forward to getting back there for starters-- same story here as blinkx share price which originally fell like a stone.

Well done to all on this threadespecially Money.good call..

drat drat & double drat!!! i was concentrating on other shares today - had atuk on the back burner - now it will cost me even more to get back in!! however well done to those who were in already - how i regret selling just over 6p - and that was a good profit!! but done ok elsewhere so cant grumble!! gla

Up another 17% wonderful.,.

The shares are so difficult to buy in quantity that I'm not taking profits. The directors keep buying so I'm staying long. I wonder if they are trying to protect themselves from a low bid. I made the mistake of selling asos and autonomy for a few pence profit,also took profits on a good chunk of my blinkx. It's never wrong I know but in hindsight I could be sat on my own island by now--feet up with a G&T!!

We could have had nieghbouring islands with asos, did exactly the same.

lol! My latest excitement is VMP--read the thread on the other side A+++N lots of posts today. serantel is the main man to read.

ditto - i am in now - eureka!!!

Took a punt along with you guys.....could do anything....

Sorry folks i'm in so it's always a good sign to get out hence the name...lol

agreed rf - and good luck - i am confident here now researched adequatelty - interesting times ahead here me thinks and i am prepared for any usual dips

unlucky - lol! lets hope things will change for the better for you here this time

Another good day at the office up 9.53%.

unlucky - i'm back in here so be confident!! :-))) lol

seriously in my opinion luck will not enter into it here - i'm looking fwd to the rest of this year & beyond here

Trading Update

@UK PLC, the AIM-traded provider of eProcurement and eCommerce software, is pleased to give an update on trading for the year ended 31 December 2010.

As previously announced, the year just completed has seen the launch of the Company's new eMarketplace, bringing together thousands of suppliers and public sector bodies; the launch of its unique Green Marketplace, enabling suppliers to accurately carbon footprint each of their products for a cost significantly lower than previously possible; the initiation of partnerships with Google and Barclaycard; and the raising of an additional GBP265,250 in January to assist with marketing to public sector organisations.

At the half year, we stated that our markets were about to improve significantly as the Public Sector actively looks to achieve the savings our product set can quickly identify and help realise. During the second half year, we have seen a significant up-turn in enquires and pipeline but this did not translate into orders for our Spendinsight, Marketplace and Procurement products and the Directors now expect these orders to be reflected in the coming year.

In spite of this delay overall trading during the year has been in line with market expectations.

Ronald Duncan, Executive Chairman of @UK, commented, "2010 was a pivotal year for @UK, during which we enhanced our product offering, targeting new verticals such as the University sector and extended our market reach through partnerships with Google and Barclaycard. Our proven ability to quickly identify savings using our SpendInsight system and then quickly deliver millions of pounds in savings to the public sector through the implementation of correct eProcurement systems using our cloud ecommerce technology means we are well positioned to assist these bodies in meeting their cost-saving obligations.

"We have established the Company as the global market leader in the assessment of product-level carbon footprints, measured by number of products, by making product carbon footprint assessment affordable through our unique Green Marketplace platform.

"We therefore believe 2011 to be an exciting year for @UK as we help the Government deliver its savings objectives in an environmentally friendly manner".

The Company will be announcing final results on 23 March 2011.

Took a quick buck here this morning...in the nick of time....

This little co has a long way to go imo so well worth researching--the potential is enormous especially if the rumours of rolling out in the US come next. what a star!
It is difficult to buy many so if there is profit taking today that may be a good opportunity I'm holding tight to mine!

Good posts on the other thread thanks cielo. I'm not expecting brilliant results on the 23rd March as the contracts have only just started coming in. The float price however was 65p so I hope it will at least get back to that before xmas.

mp ditto your thoughts ref sp

I hope everyone saw the great announcement this morning. 290%!!

@UK, (AIM: ATUK) the AIM-traded Cloud eCommerce Marketplace provider, is delighted to announce that it has won a contract to provide a Spend Analysis Service and eCommerce Marketplace to the University of Huddersfield ('Huddersfield'). Huddersfield is one of the UK's leading universities, with a reputation for innovation and a high demand for graduates. The eCommerce marketplace project will help drive innovation in procurement and best value for the University.
Huddersfield is also a Barclaycard Commercial customer and @UK and Barclaycard are working together to ensure that the project delivers benefit to the University and its suppliers. The combined solution of the @UK eCommerce Marketplace with secure, embedded payment by Barclaycard Commercial ensures that suppliers are paid within three days of fulfilling an order. This is particularly important in supporting prompt payment of SME's and the University is committed to ensuring that as many suppliers as possible are paid by this method.
Ronald Duncan, Chairman of @UK said "We are very pleased to be working with Huddersfield as they are committed to 'pushing the boundaries' and making sure that the project is a success as quickly as possible. We are focused on results with Barclaycard Commercial and believe that Huddersfield will be an exemplar for the sector and shows the revenues being generated from our eCommerce marketplace."

More good news and even more contracts to come.

ULB

kerrrrrrrrrrrrrchinnnnnnnnnnnnnnnnnnnnngggggggggggggggggggg - lots more contracts to come this year - should be plenty more room of north movement today - you watch this afternoon - always ends strongly after contact news - last time 11/2/11 : Shares in @UK* (ATUK) soared 6.5p to 18.25p on news the provider of eProcurement and eCommerce software has been awarded a contract to provide an eCommerce Marketplace to a local authority and NHS Services partnership. Commenting on this, chairman Ronald Duncan said: "We...expect this segment of the market to grow significantly as part of the NHS restructuring and believe we are well positioned as the only company which is a market leader in both sectors to benefit from this growth."

only way is up for atuk imo - partnership with barclays, google etc

very cheap right now!!

Shares in @UK* (ATUK) soared 3.25p to 19.25p after the provider of e-procurement and e-commerce software announced that, in terms of the amount of procurement spend analysed, its cloud based spend analysis service, SpendInsight, achieved growth of 290% in the year to 31st December 2010. Commenting on this, the group said the growth was achieved due to investment made into fully automating the process using Artificial Intelligence and providing the service via the Cloud.

&


RNS Number : 9584B

@UK PLC

28 February 2011



For Immediate Release

28 February 2011

@UK PLC

("@UK" or the "Company")

eCommerce Marketplace Contract Win

University of Huddersfield selects joint @UK and Barclaycard Commercial solution

@UK, (AIM: ATUK) the AIM-traded Cloud eCommerce Marketplace provider, is delighted to announce that it has won a contract to provide a Spend Analysis Service and eCommerce Marketplace to the University of Huddersfield ('Huddersfield'). Huddersfield is one of the UK's leading universities, with a reputation for innovation and a high demand for graduates. The eCommerce marketplace project will help drive innovation in procurement and best value for the University.

Huddersfield is also a Barclaycard Commercial customer and @UK and Barclaycard are working together to ensure that the project delivers benefit to the University and its suppliers. The combined solution of the @UK eCommerce Marketplace with secure, embedded payment by Barclaycard Commercial ensures that suppliers are paid within three days of fulfilling an order. This is particularly important in supporting prompt payment of SME's and the University is committed to ensuring that as many suppliers as possible are paid by this method.

Ronald Duncan, Chairman of @UK said "We are very pleased to be working with Huddersfield as they are committed to 'pushing the boundaries' and making sure that the project is a success as quickly as possible. We are focused on results with Barclaycard Commercial and believe that Huddersfield will be an exemplar for the sector and shows the revenues being generated from our eCommerce marketplace."

Enquiries:

@UK PLC

Ronald Duncan

Chairman

Tel: 0118 963 7000

Beaumont Cornish Limited

Roland Cornish

Tel 0207 628 3396

Threadneedle Communications

Caroline Evans-Jones, Alex White

Tel 020 7653 9850

holding well - wonder who the 100k buy was just now

i re-bought 2000 does that count??

@UK has thunderous first half
By John Harrington August 06 2013, 12:16pm Ronald Duncan, executive chairman, commented, 'We are delighted with the progress made in the first half of the year, both financially and operationally,'Ronald Duncan, executive chairman, commented, "We are delighted with the progress made in the first half of the year, both financially and operationally,"

Shares in cloud eCommerce marketplace operator @UK (LON:ATUK) continued their strong run on Tuesday after a strong trading update.

The first half of 2013 saw the group deliver growth in ecommerce marketplace and spend analysis revenue of more than 100%, which more than compensated for the disappointment of a small decline in revenues at the Company Formations division.

In total, the volume of spend analysed by @UK’s systems now exceeds US$450bn. The company said it expects to gain both significant revenues from spend analysis, and convert these clients onto full marketplaces. The company operates a model where it gets a percentage of the volume passing through its systems.

Meanwhile, the second half of the year has started well, with the company boasting of strong cash generation that should finance the group’s plans for international expansion.

Executive chairman Ronald Duncan said the full year results should be in line with market expectations.

“The partnership with Visa underlines the superiority of our proven eCommerce marketplace and spend analysis software and we are confident that the combination of extended market reach Visa provides, and our switch to a business model where we take a percentage of the volume flowing through the system, will result in a significant increase in shareholder value," Duncan said.

Shares in @UK were up 15.9% at 11.88p in lunch-time trading and are up more than 50% over the last month.

Trading Update

RNS


RNS Number : 0044L

@UK PLC

06 August 2013











Embargoed for 7:00am release

6 August 2013




@UK PLC

("@UK" or the "Company")



Trading Update



@UK PLC (AIM:ATUK.L), the cloud eCommerce marketplace, today provides an update on trading in the 6 months ended 30 June 2013.



The Company has enjoyed strong trading in the first six months of the year, delivering growth in ecommerce marketplace and spend analysis revenue of over 100%. While the Company Formations division continued to see a small decline, overall revenues enjoyed strong growth resulting in a significant reduction in operating losses. Investment in the first half of the year to support the Visa roll-out resulted in movement into a net debt position, which has since been reversed.



The second half year has started strongly with significant cash generation to provide the funds for international rollout.



The rebranding of the operations of the business under the terms cloudBuy and cloudSell is progressing well, and we expect to launch with Visa shortly. The prospects for the business in Australia are strong and the UK Government pipeline is also looking promising with multiple engagements at the ministerial and the highest levels of the civil service.



In total, the volume of spend analysed by our systems is now over $450 billion, and we expect to gain both significant revenues from spend analysis, and convert these clients onto full marketplaces, and gain significant income from a percentage of the volume flowing through the system, delivering significant and rapid return on investment to our customers.



Ronald Duncan, Executive Chairman, commented, "We are delighted with the progress made in the first half of the year, both financially and operationally, and expect to deliver full year results in line with market expectations. The partnership with Visa underlines the superiority of our proven eCommerce marketplace and spend analysis software and we are confident that the combination of extended market reach Visa provides, and our switch to a business model where we take a percentage of the volume flowing through the system, will result in a significant increase in shareholder value."



Notice of Results

The Company expects to announce interim results for the 6 months ended 30 June 2013 in September 2013.

@UK delivering growth with Visa partnership

Mon, 5th Aug 2013

Ronald Duncan, Chairman of @UK (LON:ATUK), tells Proactiveinvestors that the association with Visa is a transforming event and enables the company to deliver growth. Ronald sees the projected revenues as laid out at the AGM as 'conservative'.


http://www.stocktube.com/video/-uk-delivering-growth-with-visa-partnership

One word - flying.

6 Aug Westhouse... 25.00 Buy

up another 14% :-))

Closed up 19.84%

Falling back today.

Sold on Friday 22.25p

Back in dc? Your 10k?

Good luck robstuff, you missed a ''0'' :-))

Not much sign of anything like 100k being sold at 22.25p.

I was joking, hence the :-)). Good rise today, they look good.

Idiot, you've outed yourself

Started to rise again, seems to be gaining momentum possibly as institutions come in, small company funds etc. Capitalized at just 18m with projections of 50m income (and RD feels that is conservative) shares would be 20 times current value assuming profit 15m and low p/e around 18.

No idiot, I have my profit and moved on.

Well done dreamcatcher, I had this one on my watchlist in May when it was about 9p, but didn't buy !

Well done doodlebug4, I see you are doing well.

Yep well done here - looking sky bound.

Another good week. With the Chairman suggesting this could be a billion pound co with 50m earnings in short term, the role out in Oz to be replicated worldwide with VISA in partnership and very much spearheading the campaign, it looks an incredible find and could be the next ASOS type opportunity for those with the vision and guts to hold long term - potentially life changing

on my watch list for an age in and out several times - missed this big increase :-((

lol

still going up!! common sense tells me to wait - greed says buy now!!!

dilemma!!

or short perhaps LOL

dreamcatcher - 12 Aug 2013 19:21 - 45 of 57
Sold on Friday 22.25p

Oh dear.

Looking earth bound, On Friday, @UK PLC (ATUK:LSE) closed at 31.00, 34.04 % below its 52-week high of 47.00, set on Aug 21, 2013

Back in at 31.7p

Interim results Tuesday.

Half Yearly Report

RNS


RNS Number : 0614N

@UK PLC

03 September 2013











Embargoed for 7:00am release

3 September 2013




@UK PLC

("@UK" or the "Company")



Unaudited Interim Results for the six months ended 30 June 2013



@UK PLC (AIM:ATUK.L), the cloud ecommerce marketplace, today announces its unaudited interim results for the six months ended 30 June 2013.



Key Points



Financial

· Turnover increased by 26% to £1.375m (H1 2012: £1.095m)

· New Buyside ecommerce and Spend Analysis sales increased by 127% compared to H1 2012

· Ecommerce segment increased by 53% to £860k (H1 2012: £563k)

· Ecommerce margin increased to 96% (H1 2012: 91%)

· Company formations declined to £405k (H1 2012: £469k)

· Gross profit increased by 36% to £1,145,000 (H1 2012: £841,000)

· Gross margin increased to 83% (H1 2012: 77%)

· Loss before tax reduced by 17% to £301k (H1 2012: £363k)

· Strong cash generation of over £250,000 in the 36 days between half year end and announcement of trading update released on 6 August 2013

Operational

· 3 year exclusive global agreement signed with Visa

· First Australian contract win and appointment of country head

· Major Content Management System contract win with Invest Northern Ireland

· Significant contract wins for Schools, Local Government and Education

· Purchase of CloudBuy.com and CloudSell.com along with associated rebranding and trade marking for Europe and America



Ronald Duncan, Executive Chairman, commented, "I am delighted with the progress that we have made in the first 6 months of the year and expect to deliver full year results in line with market expectations.



"Our work with Visa and its member banks in Asia Pacific has demonstrated that we have a valuable and unique proposition, for which we now have a clearly defined 'take to market' strategy.



"Working within this channel is transformational for our business as it allows us to access and support a large number of major customers with a small focused team, and gives us a realistic global roll out plan which we can flex according to demand."

3 Sep Westhouse... 50.00 Buy

overall good rns - watching closely again :-0

Conditional Licence Agreement for Spend Analysis

RNS


RNS Number : 2299N

@UK PLC

04 September 2013











For Immediate release

4 September 2013




@UK PLC

("@UK" or the "Company")



Conditional Licence Agreement for Spend Analysis



@UK PLC (AIM:ATUK.L), the cloud eCommerce marketplace, is pleased to announce that Tungsten Corporation plc ("Tungsten") has signed a five year agreement to license @UK's Spend Analysis software, branded as "TungstenAnalytics", contingent upon the successful flotation of Tungsten on the AIM market of the London Stock Exchange, which Tungsten expects to take place in October 2013.



Under the terms of the license agreement, and subject to the flotation of Tungsten on the AIM market of the London Stock Exchange becoming effective, @UK will receive up front establishment fees and installation costs, together not expected to be greater than £0.5m. The total maximum value to @UK over the initial five year period is £3.4m.



Tungsten has conditionally agreed to acquire OB10 Limited ("OB10"), a leading global business-to-business e-invoicing platform, with a network of 122 buyers and 140,000 suppliers (of which 77,939 were active in the past 12 months), providing a large line-level item global data set. Under the five year rolling license agreement, @UK's Spend Analysis software will enable "TungstenAnalytics" to be delivered across this global network.



An analysis by TungstenAnalytics of an anonymous sample of UK invoice data identified potential cost savings related to price variance of 1% of total spend; it is believed that a price benchmarking exercise could produce further savings of up to 4%.



Edmund Truell, Group CEO of Tungsten Corporation plc, commented, "We have an exciting opportunity to create a disruptive global player, by enhancing the offering of OB10's leading global e-invoicing network which already serves a number of the world's largest corporates and governments. In addition, we believe that TungstenAnalytics can provide considerable savings for buyers on the platform from which we would expect to benefit."



Ronald Duncan, Chairman of @UK plc, commented, "Tungsten carried out extensive market testing and our unique ability to rapidly analyse complex data down to line item level and immediately provide significant savings to our customers was fully proven. We look forward to working with Tungsten to deliver the benefits of TungstenAnalytics to the Tungsten customer base and our wider value proposition."

Choo,Choo. :-))

Well done dc, I might join you on this choo,choo. Any seats left? :-)

In at 31.7p on 2 Sept, fell back 17% odd yesterday. Jump aboard doodlebug4, choo,choo. lol

dc easy to say why not tell at the time?

If one opened ones eyes . Post 60, yes.

Target 50p

05 Sep 2013 @UK PLC ATUK Westhouse Securities Buy 35.75 35.25 50.00 50.00 Reiterates

this is very very speculative however the news flow looks good and the visa deal sounds good. could be a multi bagger or.............abyss

The company came 5th in Shares what makes the best Aim company achievement.

The criteria being-

Strong sales /earnings growth

Excellent total shareholder return

Consistently good execution of corporate strategy

Successful completion of key deal, fundraising or refinancing

Consistent message to the market

Visa and @UK plc to Launch cloudBuy

RNS


RNS Number : 3691N

@UK PLC

06 September 2013











Embargoed for release at 7am

6 September 2013




@UK PLC

("@UK" or the "Company")



Visa and @UK plc to Launch cloudBuy, Asia Pacific's First B2B Global e-Marketplace Solution

Organisations can strengthen and streamline e-commerce procure-to-pay processes





@UK PLC (AIM:ATUK.L), the cloud eCommerce marketplace, is pleased to announce that governments and enterprises in Asia Pacific now have an easier way to manage the procurement process with cloudBuy, the region's first business-to-business (B2B) integrated e-marketplace solution.



An exclusive partnership between Visa and @UK PLC, one of the largest e-commerce marketplace solutions, cloudBuy brings together an ecosystem of suppliers and buyers, regardless of geography, to offer cloud-based real-time integrated services thereby enabling a safe, controlled and convenient online purchasing experience. Visa is the only payment card accepted on cloudBuy.



"Many organisations in Asia Pacific are looking at ways to be more efficient by automating current procure-to-pay processes. This partnership with @UK PLC is timely, as we bring cloudBuy to the region, offering organizations a solution that addresses their needs," said Olivia Leong, Regional Head of Enterprise & Government Payment Solutions, Commercial Products, Visa, Asia Pacific, Central Europe, Middle East and Africa



"The partnership combines the strengths of Visa's issuer relationships, a proven network and a track record of bringing innovative payment solutions to the market, with @UK PLC's foresight in developing e-commerce and cloud computing solutions," she added.



Key features of cloudBuy include:



· First B2B procurement solution with complete pricing accuracy, which improves efficiency by encouraging take-up of corporate cards in a B2B environment

· Spend insight solutions which cover price variance, benchmarking, spend analysis and supplier rationalization

· Marketplace facilities that span contract pricing to requisition approval processes in a controlled ecosystem

· Reporting tools that cover purchasing data and analytical tools including CenSA carbon analysis.



"This multi-faceted partnership with Visa is an extension of our collaboration in the UK since 1999. It now allows us to expand our cloud-based e-marketplace value proposition to organizations globally not previously available. We will be able to resolve the security, efficiency and pricing issues that is prevalent in legacy systems, hence ensuring that we remain steadfastly committed to helping organizations innovate purchasing processes and achieving their strategic business goals," said Lyn Duncan, CEO of @UK PLC.



"More than 44 million items have been sold through this system to over 30 million visitors. Today there are 4.7 million items on sale to a 1 million strong community of buyers and suppliers, and over US$500 billion of spend analyzed," Duncan added.

Now we have the VISA campaign launched, expect deals galore and the sp rocket.

Another good day.

6 Sep Westhouse... 50.00 Buy

that will be raised again, as we break through it Monday imo after the weekend press. This confirmation means VISA are serious, they have picked Atuk to use their system alone for billions and billions of pounds worth of transactions potentially being procurred through the system (a no lose for the client so easily sold by visa) and a small percentage of all could mean hundreds of millions revenue to atuk. 96% margin so huge profit, seems to good to be true and ceo Ronald Dincan has had to hold back on his projections for not wanting to sound a crazy man.. His 50m is conservative, watch the youtube clip - you get the feel that he means much higher. Shares are cheap on forward business likely. There are risks but these have been reduced today imo.

Fast approaching the 50p

New adjustment to the Westhouse target78p

http://www.youtube.com/watch?v=DJ03ZrU5q9k&safety_mode=true&persist_safety_mode=1&noredirect=1

only 768 views, wait til this gets seen globally along with the Visa marketing, on website etc attracting new investors.

Very interesting robstuff, left the live feed below.

http://www.youtube.com/watch?v=DJ03ZrU5q9k&safety_mode=true&persist_safety_mode=1&noredirect=1

A good 15% rise, not far of its high.

In Shares this week - there could be more to come as it develops an existing partnership with US financial giant Visa. The cloud based enterprise commerce business provides a platform that allows clients to extract the best value from contracts and procurement ,potentially saving thousands of pounds.

@UK boss: Visa deal creates inflection point
By Jamie Nimmo September 18 2013, 10:26am




Ronald Duncan’s push towards profitability has been aided by a three-year partnership with payments giant Visa in the Asia Pacific region – a deal @UK's chairman describes as “a complete no-brainer”Ronald Duncan’s push towards profitability has been aided by a three-year partnership with payments giant Visa in the Asia Pacific region – a deal @UK's chairman describes as “a complete no-brainer”

Cost savings have become a staple of company diets in an increasingly cash-starved business world.

But this belt-tightening has played into the hands of Ronald Duncan, the executive chairman of e-procurement firm @UK (LON:ATUK).

Like many of its AIM counterparts, @UK is still a loss-making venture, but broker Westhouse believes the group will post a maiden profit this year. So, you are catching this company at an inflection point.

Getting the market to understand exactly what @UK does is key. Put simply, its system allows businesses to analyse their annual spend and work out ways of doing things cheaper next time round.

Boss Duncan’s push towards profitability has been aided by a three-year partnership with payments giant Visa in the Asia Pacific region – a deal he describes as “a complete no-brainer”. And it has provided helpful third-party validation that what @UK does works.

The deal with Visa means that when one of its member banks implements a procurement card programme, it gets a small percentage of each transaction.

Before this, the company was charging a flat fee, but now the more money its customers earn, the more its revenues rise.

“Our technology allows Visa to get ten times as much spend through the customer,” Duncan explains.

“So they get ten times the fees and they can provide us with a small percentage rebate, which means the customer gets paid to use our system, we get a percentage of the money going through it, and everybody benefits.”

It is a new model that Duncan believes could transform @UK into a business generating £50mln a year in revenues in the next three to five years.

But he admits that if things go to plan with Visa “we should be up within a number of years with trillions going through the system and us having a small percentage of it”.

“If we get a small percentage of the trillions that are going through Visa, then we should be making billions,” the CEO points out.

@UK’s cloud platform already has over a million users, including many of Britain’s universities and colleges, which use the ‘generic emarketplace’ tool to buy anything from chairs to highlighters.

Another major customer is the NHS, which has identified over £500mln in cost savings using its SpendInsight programme.

The company formations business meanwhile has proved something of a cash cow – the revenues from which cover @UK’s overheads.

“The difference with us is that we’ve done all the expensive technical investment,” Duncan continues.

This means that if the company lifts revenues from £2mln currently to say £10mln, it will make a healthy profit, instead of a loss.

Duncan, a former British ski racing champion, knows a thing or two about downhill speed, but is hoping @UK’s share price continues apace in the other direction.

The stock has quadrupled since the recent trading update, valuing it at around £25 million.

It is among a number of tech stocks that have grabbed the attention of investors this year amid a commodities slump that has seen the market lose faith in mining stocks.

A quick glance at the FTSE AIM All-Share table for the last month and you don’t have to scroll down far to find @UK’s name – in fact, it is one of the top five risers.

It comes as no shock to find that the rally has coincided with the inclusion of AIM shares in ISAs, effective as of August 5, which has revved up the retail market.

The company’s recent trading update revealed that business was good in the first half of 2013 and now the building blocks are in place – in the form of the Visa deal – for it to rake in significant revenues and turn a profit.

Westhouse Securities is a backer of the stock and has just doubled its target price to 50p to keep up with the recent rally (current price 30p).

“With the e-procurement market forecast to grow substantially in the next three to five years, we were most encouraged by the developments highlighted in the trading update, particularly the reference that the company was now generating cash,” said analyst Robert Sanders, who expects some activity on the acquisition front.

While there are a number of strands to the business, Duncan says the main focus is now on the Visa alliance and watching revenues grow as its new partner urges more customers to sign up to @UK’s services.

“The core business is going to be that e-commerce side of things, which will then give us more resources to address the other ones. But we’ve got some quite tasty opportunities.

“At the moment that’s the core focus and what value you realise from that. One of our challenges is we’ve got great technology, but we haven’t got the revenues at the moment to be bought by the billions by SAP or Oracle.

“So our challenge is to get the revenues up as quickly as we can so that if we want to exit with those guys, we have the option.”

@UK delivering growth with Visa partnership
By Proactive Investors August 05 2013, 8:14am
Ronald Duncan, Chairman of @UK (LON:ATUK), tells Proactiveinvestors that the association with Visa is a transforming event and enables the company to deliver growth. Ronald sees the projected revenues as laid out at the AGM as 'conservative'


http://www.proactiveinvestors.co.uk/companies/stocktube/2130/uk-delivering-growth-with-visa-partnership-2130.html

From the above -

A quick glance at the FTSE AIM All-Share table for the last month and you don’t have to scroll down far to find @UK’s name – in fact, it is one of the top five risers.

Going very well

Closed up 9.41%

atuk as solid as ever - fantastic share :-0

Wow, will it hold, what's it going to close? No news.

fantastic

yeeeeeeeeeeeeeeeeeeeeeeeehaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaa

gla

Certainly is . :-))

Closed up 30.11%

placing @ 33p.................................

Quite small though so not a heavy dilution and strengthens the position to expand rapidly.

Back in again at 5000 for 51p.

Me, some more too

looks like we have seen the low and will continue north

this is not unlike asos in some respects - remember that from 20 to 30p to where it is now - obviously asos is a fashion / clothing brand but similarities are there
gla

Visa Announce cloudBuy in Asia Pacific Region

RNS


RNS Number : 6000P

@UK PLC

03 October 2013








Embargoed for release at 7am

3 October 2013





@UK PLC

("@UK" or the "Company")



Visa Announce cloudBuy in Asia Pacific Region





@UK plc (AIM:ATUK.L), the cloud eCommerce marketplace, notes that Visa has announced cloudBuy into the Asia Pacific Region. This is the first stage of @UK's the 3 year exclusive global partnership with Visa for the global roll out of @UK PLC's technology under the cloudBuy brand.

Ronald Duncan Chairman of @UK commented "I am delighted that Visa have kicked off the cloudBuy marketing campaign in the Asia Pacific region. There will be a range of activities including events, road shows, conferences and other promotions in different regions up to the official launch which is expected to be in early 2014"

The original Visa press release is reproduced below:

Visa and @UKplc announce strategic partnership to launch cloudBuy, an advanced Procure-to-Pay and business planning tool in Asia Pacific.



SINGAPORE, October 3, 2013 - Global payments technology company, Visa and @UKplc, one of United Kingdom's largest eCommerce marketplace solutions providers, today jointly announced a partnership that will position and deliver effective cost management for Governments and Enterprises in the region. The partnership will launch a cloud-based, advanced e-procurement system that extends the capabilities of existing procure-to-pay products, into business planning and improving interaction between buyers and their suppliers.



cloudBuy is an integrated solution that takes a corporate buyer through a procurement process, from sourcing, order placement, payment, through to analyzing the purchase from a cost management standpoint, in a few mouse clicks. The solution then takes the process further with in-built controls and immediate audit facilities, eliminating rogue buying and off-contract pricing as well as ensuring compliance.



cloudBuy has an exclusive partnership with Visa, which offers a safe and controlled payment environment. The payment method also ensures that buyer organizations do not lapse on payment schedules with their suppliers and that suppliers have better cash flow with shorter payment periods. The payment method will particularly benefit SME suppliers who often suffer cash flow problems because of payment delays by buyers.



"Economic forecasts in Asia Pacific markets, particularly the more developed ones, have called for austerity measures. We acknowledge that organizations are under pressure to cut costs and improve efficiencies quickly. They are looking for solutions that are not just quick fixes but provide sustainable cost management possibilities," said Olivia Leong, Regional Head of Enterprise & Government Payment Solutions, Commercial Products, Visa, Asia Pacific, Central Europe, Middle East and Africa.



"We decided to extend Visa's collaboration with @UKplc that started in Europe, to Asia Pacific. Through cloudBuy, we bring to market an enhanced electronic procure-to-pay solution that doesn't just provide immediate cost savings, but will push companies to reassess their buying behaviors and payment methods to meet long-term cost management objectives," Leong added.



Visa says that the partnership combines the strengths of the company's issuer relationships, a proven network and a track record of bringing innovative payment solutions to the market, with @UKplc's experience in developing and running e-commerce and cloud computing solutions for Government and corporate clients

 

cloudBuy - Going Beyond Procure-to-Pay



A key differentiator of cloudBuy is its starting point. The system operates on artificial intelligence technology that analyses a buying organization's spend detail in just days. It gives an immediate assessment of compliance to raising purchase orders, price variances for the same product across the organization locally and globally, lost opportunities with volume discounts and special promotions, as well as a global price benchmark for the same product. The data and analysis will assist buying organizations to set realistic cost management targets even before cloudBuy is implemented.



Upon implementation, cloudBuy continues to offer data analysis that produces extensive reports that assist organizations with supplier management, contract negotiations and renegotiations, as well as real time tracking of cost management leading to better business forecasting.



"We have at hand the intelligence of having analyzed more than $500 billion of spend through our SpendInsight tool," said Lyn Duncan, CEO, @UKplc. "cloudBuy's client base will benefit from the knowledge gained from @UKplc's experience in analyzing corporate buying behavior as well as price variances across the globe. We remain steadfastly committed to helping organizations improve purchasing processes and achieving their strategic business goals."



Working with Visa, we have been challenged to bring to market a technological solution that is easy to implement and use. Buying organizations need not deal with high up-front investments and complicated set-up procedures. There will be a minimum training requirement for administrators and users.



"Using the system is intuitive as it has been modeled to be an eCommerce site for corporate purchases. So anyone who is capable of online shopping through an amazon.com or Travelocity will breeze through cloudBuy. This ensures that the adoption rate is higher and organizations will see the benefits of implementation much faster," said Duncan.



cloudBuy for Suppliers



Another e-commerce influence that buyers can see on cloudBuy is its catalogue management system. Typically in e-procurement systems, catalogue management resides with buying organizations that have to manually load suppliers' spreadsheet catalogues into their portals. This results in extra work for buyers and suppliers as well as out-of-date content and a limited ability to deal with services and more complex products.



cloudBuy enables suppliers to manage their own content. Suppliers are provided with a B2B website which enables them to manage their catalogue of goods or services, time based booking, pricing and discount structures, inform buyers of delivery charges, stock levels, as well as tax and currency. If suppliers maintain their own websites, cloudBuy can work with them to make those sites interoperable with the buyer's cloudBuy portal.



This is a significant step forward from a supplier standpoint as the website structure allows for them to promote their products and services at the right price, ensuring availability, and eliminating hidden costs for buyers, significantly reducing the possibility of disagreement on final purchase prices.



cloudBuy will be first launched in Australia in late 2013. Other markets earmarked for first phase launch include New Zealand, Singapore and Hong Kong.



For more information, visit www.cloudbuy.com.

Shares today - Profit takers have picked an odd time to top slice cloud procurement developer @UK (ATUK:AIM) given today’s launch of its cloudBuy platform with Visa in Asia-Pacific. The shares drift 1p to 43p despite this promising development, although we must remember the stock has jumped from less than 10p in less than two months.

Confirmation of 5 Year License Agreement

RNS


RNS Number : 0336R

@UK PLC

22 October 2013




22 October 2013



@UK PLC

("@UK" or the "Company")



Confirmation of 5 year Spend Analysis License Agreement



Further to its announcement on 4 September 2013, @UK plc (AIM:ATUK.L), the cloud eCommerce marketplace, is pleased to announce that following the successful IPO of Tungsten Corporation ("Tungsten") on 16 October 2013, the conditional 5 year license agreement with Tungsten for @UK's Spend Analysis is now confirmed and the first payment of £300k has been received. The total maximum value to @UK over the initial five year period is £3.4m.

Back on track it seems.

it does - 60s / 70s do not look far away at all
fantastic
onwards & upwards
gla

Classic chart back to 60p soon imo.

Looks good, another strong day.

Were at 60p mitzy, lol

Yes we are dreamcatcher.. that was quick.

Pick the next high quick. lol

Difficult to say heading to 100p I would guess.

Looks good.

lol 60s already - 70s look next!

yeeeeeeeeeeeeeeeeeeeeeeeeeeehaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaa

gla

Profit taking today.

http://www.citywire.co.uk/money/expert-view-special-nine-small-caps-set-to-shine/a715177?ref=citywire-money-latest-news-list#i=8