The Nextel contract will generate $550K a year when fully implemented.
The OI contract in Brasil few years ago was worth $10M, so Nextel is a small change.
All the new enterprise customer cloud wins in 2014 generated $3M in revenues.
The shorts established their position prior to earnings because they knew that Q4 and full year 2014 will be a miss.
They did not take into account the false article about selling the company for $300M (A joke).
What really scares me is that they did not cover and instead shorted more.
For Click to meet their 2015 guidance, they have to convert the soft backlog ($14M) in full during 2015 to meet the low end of guidance.
For a company that misses guidance year after year they think its a good bet.
I think its scary to short 700K shares in such a thinly traded company but I learned long time ago that shorts are not stupid or self destructive investors...
Just watch out,
I covered my short the other day based on your advice.
Now I feel it was premature. Shorts usually are right in regard to Click.
The short interest in CKSW as of 2/13/15 is 686K, the highest in over a year.
I was expecting that the shorts would cover after the article in the Israeli paper.
Instead, they've increased their short position.
I hate to disappoint you... I shorted 10K on that crazy run to $8.45 last week.
If it breaks $8, we can test $7.5 quickly,
I guess the key word in your statement is "Wait"....
BTW, for those who asking why I'm posting again, I established a small position.
As some here mentioned the fact that I don't have financial interest in Click I should not post here.
I decided to take their advice and decided to move on.
Good luck (You may need it),
If the results Click reported are without a competition, that's very scary !!
Revenues down YoY with no competition? Imagine if there was a competition.
Starting Q2 the copms will be very tough. They will include Xora revenues from last year and they will show no growth at all.
I was replying to a previous message about selling the company @ $18.
Moshe has no plans to sale the company prior to 2017. The BOD are his puppets and basically he can do whatever he wants.
Moshe has different plans than most share holders.
He is planing to get tons of options until 2017.
His master plan calls for $100M in ARR in 2017 then he would cash in.
Until 2017, he is happy if the shares linger around $7 so he can get more options on the cheap.
Enjoy your wonderful CEO,
Another post without merits.
Xora was purchased for 16M-18M, Yes they generate 16M-18M in revenues.
The sad part that you are overlooking is that Xora is losing 4M-5M per year.
They had 150 employees when they were purchased, about 100K in revenues per employee.
A profitable software company should have 250K+ in revenues per employee.
No wonder they were cheap,
No wonder I make money.
I'm competing with people without reading comprehension.
Where did I say XOOM? I never heard about it until Flying mentioned it.
I said MODN which is similar to MOON.
You guys make me lough so hard....
Zacks is the worst and you know it. They had a sell at $7. The evidence is the stock is up a huge 6c !!
Q4 numbers were bad. Revenues were down YoY if you exclude the Xora revenues.
What really scared me was cloud revenues. If you exclude Xora's $4.5M in cloud revenues, Click's cloud revenues were 700K in Q4.
They claim they signed 55 enterprise cloud customers in 2014. How does it add up to 700K in revenues.
I guess those enterprise customers start with 10 users and keep it under 100 for a full year.
How Moshe could miss the low end of revenue guidance once again after the reiterated in November 2014?
The only reason to hold the stock right now is the false story in the Israeli paper.