This is the second part of the article [3]. In the first paper we developed a cyclic homology theory for B–module coalgebras with coefficients in stable B–module/comodules where B was just a bialgebra. The construction we gave for the cyclic homology theory for B–module coalgebras used mainly the coalgebra structure on B. In the first part of this paper, we present the dual picture. Namely, a c...