Cloudcoco (#CLCO) – completes disposal of its CloudCoCo Connect business
- 2024-11-01 07:33:47
UK 00:02 Tuesday, 29 September 2026
Breaking news and expert analysis on fast-moving AIM and LSE listed shares
Previously writing on group describing itself as “a leading UK provider of managed IT services and communications solutions to private and public sector organisations” CloudCoCo (CLCO), in November with the shares at 0.95p I wrote “year end trading update” attempts to reassure… but just stating “a key priority” doesn’t mean it will be achieved… currently still avoid/sell. It is today stated “we are pleased that we have been able to secure an extension to the loan notes with MXCG. This, together with the publication this morning of a solid set of results for FY23, will give our staff, customers and suppliers confidence over the immediate future of the business”, so what of a current share price response down from 0.75p to below 0.50p?
Describing itself as “a leading UK provider of Managed IT services and communications solutions to private and public sector organisations”, CloudCoCo Group (CLCO) emphasises a year ended 30th September 2023 “performance in line with market expectations” and that its action “positions it well for continued progress in FY24, particularly in the areas of Cybersecurity and Multi-cloud”. How well is it positioned from a current 0.95p share price?
Previously writing on group which describes itself as “a leading UK provider of Managed IT services and communications solutions to private and public sector organisations”, CloudCoCo (CLCO) with its shares up to 1.325p I noted argues “strong strategic and commercial progress”…but if EBITDA is bullshit earnings, what is “Trading EBITDA”?!. The group now states that it “is pleased announce its full year results for the year ended 30 September 2022”, so what of a now 1.25p share price?
UK provider of IT and communications services to businesses and public sector organisations, CloudCoCo Group (CLCO) states that it “is pleased to provide an update on its progress for the year ended 30 September 2022”... and the shares have currently responded approaching 40% higher to 1.325p. So how well is its trading going?
UK provider of IT and communications services to businesses and public sector organisations, CloudCoCo (CLCO) has announced results for its year ended 30th September 2021, emphasising a now “significantly enlarged customer base and enhanced capabilities from acquisitions”. So what of a currently unchanged 1.70p share price?...
UK provider of IT and communications services to businesses and public sector organisations, CloudCoCo (CLCO) has made a trading update – and the shares are currently approaching 24% higher in response, to 1.425p. So what’s the detail?...
UK provider of IT and communications services to businesses and public sector organisations, CloudCoCo (CLCO) has updated including “trading EBITDA, a key marker for demonstrating the success of the group's recovery to date, expected to be well ahead in H2” and “cash positive in FY20” – and the shares have currently responded more than 14% higher to 1.20p, but what’s the actual detail?...
“CloudCoCo (CLCO), a UK provider of IT and communications solutions to businesses and public sector organisations, announces the launch of a Secure Global Learning Access solution for UK institutions delivering education and their students, and inclusion of the solution in a leading education procurement framework”… and the shares have currently responded to 1.55p, approaching 30% higher...
“CloudCoCo (AIM: CLCO), a UK provider of IT and communications solutions to businesses and public sector organisations, announces its unaudited interim results for the six months ended 31 March 2020” – and the shares have currently responded to 1.40p, 87% higher...
