Our view may differ on Real Madrid developing talent but we probably agree on four things:
a). Click needs a next generation CEO.
b) With a strong recurring revenue stream Click should be making money left and right.
c). Click should be a strong takeover candidate... but has been for 5+ years.
d). An acquisition price will be higher, however, if Click has a talented next generation CEO at the helm with an up-and-coming leadership team. Strong next generation leaders add value to any company being acquired. A 67 year old CEO, no matter how many options they have issued themselves or how many times they have spotlighted themselves in press releases, generates legitimate concern over how strong the second tier leaders are and who will run the company after the acquisition.
I agree with you 100% on the CEO.
I disagree with you on Real Madrid. It's a bad example.
Real does not develop young talent within, they spend huge premiums to buy very well established players, e.g Ronaldo, Bale, Benzema and many others.
Ben Bassat has to move to a chairman position and put a real force at the helm.
Moreover, with $60M in ARR, Click must make money right and left.
BTW, the ARR should hit $100M in 2017, makes Click a great candidate for a takeover,
In winning the Club World Cup Final yesterday Real Madrid extend their remarkable winning streak to 22 games.
At $7.20, only slightly higher than in June of 2009, Click shares are not on a winning streak. There are a few lessons Moshe might learn from Real Madrid.
a). Real Madrid would not send out a 67 year old player at mid-fielder... no matter how talented he was earlier in his career. The incredibly fast pace and fiercely competitive playing field make soccer, like the cutting edge field of mobility, a younger persons game.
b). Recognizing strong teams win games, Real Madrid invests aggressively in signing and then developing next-generation players. They would not, for example, issue a 67 year old player the highest salary (or in Click's case, the largest salary + pile of options) because he had played the longest time.
c). Real Madrid would not emulate Click by spotlighting their oldest player in every press release. That would raise concern that if that player retires (something many soccer players do at age 67) or gets hurt, the team doesn't have strong enough players behind him. In the case of Click, that concern undermines investor confidence (see $7.20 per share) and the perception of Click's acquisition value (see $7.20 per share).
I don't cheer for Real Madrid but was perhaps Click's most rabid fan for over a decade. Few investors are more appreciative of Moshe's persistence and leadership in the Click turnaround ten years ago. Few investors have been more disappointed watching him repeat three fundamental leadership mistakes over the past five.
-Continuing to serve as CEO rather than transitioning to Chairman.
-Issuing himself 100,000 more options rather than distributing them to next generation Click leaders.
-Spotlighting himself in the vast majority of press releases rather than highlighting next generation Click leaders.
Good luck to everyone.
What are you talking about?
BTW, it seems that the last trade is always below the bid.
There was a bid @ 7.23 all day long and they closed it @ $7.2.
It's all about earnings. Click needs to make sure they price their deals appropriately . Let's get back in the black.
Support fees are 18% per year. The first year in included in the license price.
It still seems that longer term cloud is more profitable.
That's interesting... but do they get to add support to that as well? I don't think so... for apples to apples I think you have to add the 500 bucks upfront and the annual support charges they get on an on-premise sales... so perhaps on a discount basis, they are pretty close to same ????
Oracle and Adobe results show that cloud revenues are growing rapidly.
I understand that Click gets on average $55 in monthly revenues for each resource.
That compares to $500 up front license payment for on premise for each resource .
So cloud revenues are equal to on premise within one year or so.
The good thing about cloud revenues are they are recurring every month !!
Ol' Larry beat the street estimates tonight... I saw one article that said ORCL doesn't think companys will want to integrate Cloud applications, preferring to get best of breed for their various needs... That would be good news for CKSW I think.... Larry should just buy CKSW too... oh how that would just #$%$ off SAP, something he likes to do every chance he gets....
Well at least it didn't crash when the market took a dump over the past week... although it did finally sell off some... Would like to see some more of their wins this qtr PR'd... The Russian sale was a good one but given the turmoil there it may never pay off...
Many small Israeli stocks on list were red today until the FOMC decision.
Others turned to small green but Click managed to finish in the red.
I still think it's a great value here,
Well, if he still owns shares it does not register in the major share holders category. I would think that somebody that has owned over 5% of the shares would not have to call in for questions on the CC to get info. Unless it is a set up question.