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.

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