28 November 2013

@UK plc (the "Company")

CHANGE OF COMPANY NAME TO CLOUDBUY PLC (AIM: CBUY)


cloudBuy is a world-leading solution for corporate and public-sector procurement, offering major benefits to buyers and sellers alike. A cloud-based approach means that cloudBuy is an instantly available online marketplace to support the sourcing strategy of all procurement professionals, whatever their location with no IT support overheads. Front-line staff need almost no training as they use familiar Internet-style buying to access only approved suppliers of goods and services at contract prices. Because payment is via one basket and our VISA partner network, there is no need for invoice matching, and total accountability. Our cloudBuy system can link with existing ERP systems or provide full online purchase to pay. It is easy for suppliers to set up a cloudSell website available to their corporate clients, the public sector and ordinary consumers.

http://www.cloudbuy.com/

Launch of Confederation of Indian Industry (CII) e-commerce marketplace

On 5 December 2014, cloudBuy announced that it had signed an agreement with the CII to develop a global trading platform. cloudBuy is pleased to announce that the CII e-commerce marketplace is scheduled to be launched at the Global Exhibition on Services in New Delhi on 24 April 2015.

CII has over 7,000 member organisations and the Company is working to roll out a channel partner strategy, which will provide the resources to reach out to the CII members to enable them to go live on the marketplace and to up-sell trading websites to them. cloudBuy will generate revenues from transaction fees for orders placed through the marketplace and from the opportunity to upsell e-commerce websites to these member organisations.

In the run up to the launch, the Company has been working with a number of smaller Indian suppliers to build their e-commerce websites. To date, the Company has orders from 5 such companies with an average value of £5,000 each over a 3 year period.

In addition, cloudBuy has secured a 3 year contract to provide a purchasing portal to a large Indian construction company. The baseline revenues from this portal are £40k each year over 3 years, plus a small % of the value of the transactions passing through the portal.

And again - Humph! up 14.8%!

30 Mar Westhouse... 100.00 Buy

Watch them go to 100p just to rub your nose in it. lol

I'm an expert in this sort of (missing the) trade!

Spend your money on easter eggs instead. They may well of gone the other way on your purchase. :-))

Oh up another 17.50% skinny.

Yesterday was the lowest 18.875p, today was an early rise and then 3X1M trades, that made a few looking for cheap stock and a further rise to 20p

RNS just now
cloudBuy plc
Further re Director dealing

Further to the Company's announcements of 12 November 2014 and 27 November 2014, Ronald Duncan, Chairman of the Company, has notified the Company that he has agreed with Equities First Holdings LLC ("EFH") to provide cash cover to satisfy today's margin call event due to the average closing share price of the Company over the past 3 business days falling below 19.57p. The share sale and repurchase agreement between EFH, Mr Duncan and the Company dated 27 October 2014 remains in effect and Mr Duncan's interests in the Company's issued share capital are unchanged by the margin call event.

RESUME of past news

New investor - 23 July 2015

cloudBuy plc also announces that Roberto M. Sella and affiliates has become a significant investor in the Company. Mr Sella has entered into a subscription agreement effective 23 July 2015 with the Company under which he is subscribing for 5,000,000 new shares at 20p for a total consideration of GBP1 million (the "Subscription").

As a result of the Subscription and market purchases announced on 22 July 2015, Mr Sella is the beneficial owner of 10,675,000 shares, representing 8.3% of the issued share capital.

Roberto M. Sella is an accredited USA investor who is investing on a personal basis. He is Managing Member of LL Funds LLC with $1.5bn under management and is a former Managing Director at Morgan Stanley.

Application will be made for the admission to trading on AIM ("Admission") of the 5,000,000 Shares detailed above, and Admission is expected to occur on 29 July 2015.
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INDIA POISED TO FLOOD NEW EPROCUREMENT PORTA

8:11 AM EDT August 19th, 2015

Cloud-based eProcurement firm cloudBuy is anticipating high volume over its platform from India businesses — to the tune of billions of dollars. Reports published in The Economic Times of India on Tuesday (Aug. 18) said the U.K.-based company expects between $3 billion and $5 billion worth of B2B transactions in the near future stemming from businesses in the Asian country.

According to reports, cloudBuy has seen significant interest from corporations in India, both from members of the Confederation of Indian Industry (CII) and elsewhere. The CII and cloudBuy recent struck a collaboration to launch a B2B eCommerce portal in India in an effort to strengthen global trade.

“We at cloudBuy expect transactions worth $3–5 billion on this platform in the near term based on the initial response not only from the CII members but also from the non-member trade community,” said cloudBuy India Head Nilesh Gopali in a statement to the publication.

The CII currently includes about 8,000 members, reports said, and together these businesses account for about $80 billion in annual revenue. CII’s partnership with cloudBuy provides these companies a portal through which buyers and sellers can connect and transact thanks to several online B2B marketplaces powered by cloudBuy technology.

The service’s popularity could be attributed to its ability to serve India’s businesses like consumers, according to Gopali.

“Unlike a B2C online place, corporate purchases are done in a controlled environment without compromising on their ERP solutions,” Gopali said. “We have received enquiries from several large Indian corporates to establish a secured façade or solution between their ERP and a B2B online marketplace to provide a dynamic B2C-style experience to meet their procurement needs.”

According to Gopali, Indian corporations can save significant funds by conducting their procurement online. The nation’s manufacturers alone could increase operating profits by up to 20 percent, he added, if each saved just 5 percent through eProcurement methods.

hTTp://www.pymnts.com/news/b2b-payments/2015/india-poised-to-flood-new-eprocurement-portal/#.VdUCpPlViko
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Rising this morning, though some are already taking their profits (joke)

Roberto M. Sella and Affiliates

increased by 1M ( one of yesterday's 1M )
before 10.675.000 - 8.3%
after 11.675.000 - 9.09%

They could receive the 4.5m comp under their contract with Aus govt

From the CBUY web side today

cloudBuy Share Information (as at 12th October 2015)

Ordinary shares of 1p each	128,386,510	100%
Insofar as the Directors are aware the percentage of shares not in public hands and details of significant shareholders are as follows:
Percentage of shares not in public hands:	28.09%

Substantial shareholdings

As at 14th October 2015 the Company had been notified under the Disclosure and Transparency Rules of the following interests of 3% or more in its issued share capital:

RJ Duncan & HL Duncan	18,487,981*	15.0%
Roberto M. Sella	12,800,000	9.97%
Majedie Asset Management	5,700,000	4.44%
DJ Holloway	8,842,181	4.37%
ML Pasternak	6,350,000	5.24%
Herald Investment Management	4,994,986	4.12%

* The interests shown for RJ and HL Duncan include a joint holding in 14,783,404 shares

http://investor.cloudbuy.com/investor-information.html note - just noticed..............DJ Holloway - 8,842,181 - 4.37% wrong should be 6.88%

8.375p + 1.25 (+17.54%)

has been motoring today VOLUME + RISING = BULLISH

The RNS of Majedie down to 5.7M and 4.4% today was from the 12th, as on the last couple days the volume has been high, the market hope that the seller is gone by now or not many left.

Latest chart

needs to break for an easy ride to previous high prices

Today was a day of action on the stock, volume rise and BREAKOUT on a nice BOWL chart TA