Hi {{ first name | there }},

It’s often said that the London Stock Exchange lacks quality companies.

Sure, it lacks the old FAANG stocks or the new ‘Magnificent Seven’…

But despite that, the UK outperforms the US when it comes to small cap multibaggers.

Which is great, because that’s what I’m interested in.

And though I’ll admit that many of the UK multibaggers aren’t exactly super alluring rapid growth tech businesses… it just doesn’t matter.

Because a stock has the potential to double or even triple.. do you really care what it does?

Exactly.

It’s possible I may’ve found one.

But beware. It’s not cheap. Often quality growth stocks aren’t.

I said exactly that in this newsletter when I highlighted Intercede at 115p.

It’s now 170p+ and even more expensive.

I remember back in 2016 I didn’t buy Boohoo and Fevertree because their PE ratios scared the hell out of me.

And, well, the rest is history.

The were the stock market darlings of that bull market.

Now, I’m not suggesting that this stock is the next Boohoo or Fevertree.

Who knows?

But what I am suggesting is that at the very least it goes on your watchlist.

It’s rare that quality companies with defensible moats appear in the UK.

Enter Beeks Financial Cloud (BKS).

Beeks is a specialised Infrastructure as a Service (IaaS) provider, which tailors for low latency trading in the capital markets and financial services sector.

What does that mean exactly?

To put it simply: Beeks builds, maintains, and analysis the digital infrastructure that allows financial transactions to occur at unparalleled speeds.

This company listed in 2018 to much fanfare. And back in Mello 2018 it was standing room only for the presentation.

The chief executive Gordon McArthur was in full flow.

He was charismatic, it was an exciting growth story, and I knew it would be the stock people would be talking about over the conference.

So I loaded up during the presentation knowing that if people got excited and bought the stock, the price would rise.

And if they didn’t then the price would probably by the same.

As it happened, they did buy, the stock went up, and I dumped for a nice profit.

It got hyped, then everyone realised that growth would be slower, then it sold off.

But six years on the company appears to be coming of age.

Contracts have started flowing, and the price has started uptrending.

And the company last week signed a contract with “one of the largest exchange groups globally”.

The beauty of Beeks Financial Cloud’s offer is that it’s incredibly difficult to budge.

Once it’s in - it’s staying in unless there’s a problem.

Winning contracts on sensitive security infrastructure such as stock exchanges is not done on cost. It’s done on safety and reliability. And once it’s in - unless there’s an issue from Beeks’ end - why would the client change?

There has been some speculation over who this client is.

But some digging on Google reveals that it’s none other than the NASDAQ.

This is publicly available information (for those who look) on the Federal Register (the daily journal of the United States Government).

It doesn’t get much bigger than the NASDAQ. It’s a huge client win.

And not only that, the RNS said that there are “advanced discussions taking place with other major Exchanges across the globe”.