aldwickk
- 06 Nov 2010 18:45
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.
dreamcatcher
- 06 Aug 2013 22:49
- 36 of 114
@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.
dreamcatcher
- 06 Aug 2013 22:52
- 37 of 114
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.
dreamcatcher
- 06 Aug 2013 22:53
- 38 of 114
dreamcatcher
- 06 Aug 2013 22:57
- 39 of 114
@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
dreamcatcher
- 07 Aug 2013 15:01
- 40 of 114
One word - flying.
dreamcatcher
- 07 Aug 2013 19:49
- 41 of 114
6 Aug Westhouse... 25.00 Buy
dreamcatcher
- 08 Aug 2013 11:30
- 42 of 114
up another 14% :-))
dreamcatcher
- 08 Aug 2013 17:14
- 43 of 114
Closed up 19.84%
mitzy
- 12 Aug 2013 10:18
- 44 of 114
Falling back today.
dreamcatcher
- 12 Aug 2013 19:21
- 45 of 114
Sold on Friday 22.25p
robstuff
- 13 Aug 2013 09:25
- 46 of 114
Back in dc? Your 10k?
dreamcatcher
- 13 Aug 2013 16:43
- 47 of 114
Good luck robstuff, you missed a ''0'' :-))
sniffer
- 13 Aug 2013 19:19
- 48 of 114
Not much sign of anything like 100k being sold at 22.25p.
dreamcatcher
- 13 Aug 2013 19:28
- 49 of 114
I was joking, hence the :-)). Good rise today, they look good.
robstuff
- 14 Aug 2013 08:07
- 50 of 114
Idiot, you've outed yourself
robstuff
- 14 Aug 2013 10:38
- 51 of 114
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.
dreamcatcher
- 14 Aug 2013 15:17
- 52 of 114
No idiot, I have my profit and moved on.
doodlebug4
- 14 Aug 2013 15:22
- 53 of 114
Well done dreamcatcher, I had this one on my watchlist in May when it was about 9p, but didn't buy !
dreamcatcher
- 14 Aug 2013 15:48
- 54 of 114
Well done doodlebug4, I see you are doing well.