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FTS F.T.S.-Formula

15.00
0.00 (0.00%)
28 Mar 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
F.T.S.-Formula LSE:FTS London Ordinary Share IL0010935257 ORD NPV
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 15.00 - 0.00 00:00:00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
0 0 N/A 0

F.T.S.-Formula Share Discussion Threads

Showing 1076 to 1099 of 1350 messages
Chat Pages: 54  53  52  51  50  49  48  47  46  45  44  43  Older
DateSubjectAuthorDiscuss
16/12/2010
10:14
MWE is better. Lots more cash than the market cap and a market leader in broadband aerials.
orinocor
15/12/2010
17:43
Thanks, now any new investor can read all your posts here, and then do their own research in part, based on your views.

For some reason you are of the view that the 90% owners of this company are going to tip down the drain $13M of their own cash.!!!

You also take the stand the company is rubbish, when i can only thank the directors for what they have done for me to date.

Now we will all have to wait and see what is in store for us shareholders.

My view is that the cash will be returned to shareholders after Xmas, and the rest of the group will grow [as stated in the last half year accounts]

HAPPY XMAS, [keep an eye out for the RNS telling us the deal has closed at the end of the month.]

tara7
15/12/2010
17:13
I don't know what will happen to FTS...

but 2 other Isreali companies involved in communications sector have not delivered ...worth being aware of I think

I-point and Emblaze

and Emblaze is now a tiny turnover company as result of sale of the part that was most of its turnover.....and had many years to deliver since region of 1999 and hasn't done so yet.....shares at around 50p and was much higher years ago....flotation price I can't recall but much higher....
I think that only got approx 10% of the assetts that it had...I assume that burned the rest....raised hundreds of millions if my memory is correct, cap. value now around 50M. Cash is in fact higher.
(if you have invested based on the cash held then you would have lost a lot of money between 1999/2000 and now)
(Emblaze has also recently sold off the main part of its business)

and I-point sold off its prior/existing business since wasn't doing well and has issued new shares and bought another business..shares now 1p !

and FTS has sold of 42% of its turnover...the most profitable part...FTS USA

3 out of 3 Isreali companies all involved in the comms sector all selling all or big chunks of their turnover/sales

.....interesting...

and sadly all 3 of them have fallen in price over the past years.....not a good sign in my view
(FTS by the way was clocking in T/O in the region of 30M$ in each of the years around 2006, 2007, 2008.....and much lower now...pro rata is 11M for 2011 if base on last company report and include sale of turnover of FTS USA....
...going in the wrong direction....

(I for one won't be buying FTS shares unless I think that it is likely that it will grow turnover and profit......any cash held will go soon enough if the company makes losses....and at the moment it is reducing turnover...by 42% by selling FTS USA. The lack of announcement of contract wins is also clear to see and reduction of revenue for each region and from each of the 4 big customers. And if turnover is based on 4 big customers, risky shares. I hope FTS turnover etc does grow, I am not anti-FTS, but there is no visibility of it happening from where we are now imo).

I think I give up FTS message board now.....and leave it to Tara7 to return to ramp it in peace !

markt
15/12/2010
16:15
One thing is for sure you did not buy for 10p and have a 8p divi last year did you.?
tara7
15/12/2010
16:12
You sound like a bitter loser!!!!

Have you ever had a ten, 30, or 50 bagger.!!

tara7
15/12/2010
16:11
Yes on that point you are 100% right but since when has any share been risk free.??

Are you on drugs.??

tara7
15/12/2010
16:09
Tara7
What about possible news ?

'as result of conducting due diligence the company planning to buy FTS USA has decided to withdraw its offer'
or

'as result of conducting due diligence the company planning to buy FTS USA has decided that the commercial value of FTS USA is lower than it believed and reduces its offer to a final non-negiotable offer of 8M$'

or

'the company planning to buy FTS USA notes that it will not take over the lease of the offices of FTS USA (moving staff to its own offices) and that FTS Global will need to continue with the lease payments' (hitting future profits of FTS)

or
'as a result of conducting due diligence the company planning to buy FTS USA has decided to increase its offer to 18M$'

Well, 1 of these 3 possible outcomes is ....impossible imo !
But the others could happen.

markt
15/12/2010
16:09
"Cause i want to warn people"

If those investors who you want to warn had taken notice of you this time two years ago they would have lost a gain of 326% in 2009 and 78% in 2010!!

What right have you above any other poster on these BB to tell another investor what or where to invest.????

You post your views but much of what you state is as we have seen = pork pies.

tara7
15/12/2010
16:04
What is it like to be a loser.??
tara7
15/12/2010
16:03
But you did that on my Northacre thread, and you were wrong, shorting at 30p now a quid.!!
tara7
15/12/2010
16:01
"If you do not like a stock then why not stay away ?????????"

'cause I want to warn people, same as parallelx warned on other share thread, that you are blindly ramping this stock (same as you have with others)

you want to ramp this stock in peace ?
Unlucky !

(if you give balanced views and real facts and information, with logic...then maybe some educated discussion is possible.....
but if you blindly ramp....then I will highlight what you are doing)

markt
15/12/2010
15:59
IDG up from when i first posted, more pork pies.!!!!!!!!!!!! [Might like a read of the new broker report]
tara7
15/12/2010
15:57
Why are you shorting this stock!!??
tara7
15/12/2010
15:57
tara7
...don't forget to ramp/push IDG... !

...down to 25p from your tip at 30p....

annual results are out and the price has not gone up....looks like your arguments there were not correct/sufficient

wow, so many of your tips are for companies with such small turnover and cap. values 0-10M.

markt
15/12/2010
15:44
just looked at details for customer in South Africa

in Cape Town.....many streets in urban parts of the city....no wireless coverage !!

I'm talking about Cape Town not some village out in the sticks

...if no coverage for where you live then you ain't gonna sign up and if you dont sign up then in the end less income to FTS (at end of the day FTS contract will get paid more if work involves more customers,

and for 1 service it gives fair coverage and says 13 minutes to download 10MB of data !! 13 minutes !!

====

reported Customer in S.Africa is iBurst
looks like small set up, relative to big players like Vodafone, T Mobile, Deutsche Telekom, telefonica

Anyone know if any risk that small customers of FTS, like iBurst, may not continue to give revenue to FTS ?
eg. if VFone or A.N.Other announce that they will invest X billions and roll out wireless data links to all residental streets with brick houses (not in shanty towns) ....then if VFone or A Big Company uses company X to supply its billing systems in say the UK or Germany....then would it mean the end of iburst and hence of a customer for FTS ?

Noting that one section of sales went from 18M to 4M between 2008 and 2009. Overall sales from 30M to 19M. There are reasons for that massive drop. Anyone know the reasons ?

====

all fair enough for Africa and for small companies and very respectful work/contracts.....but any potential investor needs to note this....and be aware that appears that we are not talking about contracts with Vodafone or Ericsson for all Europe....

who are the big players in the market that FTS operates ? anyone know ?
has the FTS turnover dropped from 30M to 19M in 1 year because of competition from products from other company(s) ?

I assume that the R & D investment by companies that supply to Ericsson, Telefonica, Siemens invest millions each year....since the contract values for billing systems for say 20million customers in the UK or 30M in Germany must be massive. (global turnover of Vodafone is in billions I think...so I assume it spends many millions on billing systems....)
FTS has invested approx 3M/year in R & D in 2008 and 2009. (Investment in CRM, stopped and investment written off). With investment of 3M/year I believe that FTS can not make products that can win contracts from the likes for Vodafone for countries with many millions of customers.....since other companies must surely be investing tens of millions. Hence FTS is doing contracts in Africa, Indonesian Islands etc.....with relatively small user numbers compared with say Vodafone UK.

to value FTS really need someone that is an expert in these details..and that knows the products of FTS and its competitors....and that can predict the future changes in this sector...difficult I think (the financial numbers from the past are only a part of the picture)
...and looking at the posts on ADVFN looks to me like no-one has the expertise in FTS and its competitors

markt
15/12/2010
14:27
Markt, are you going to bid for FTS and do not want to see the stock price rise.?/
tara7
15/12/2010
14:21
Markt, if someone buys £5,000 of shares as with any investment they could lose the lot inc here.!!

This is a BB open to all.

Now i have told you time and time again how i come to my view that FTS will have cash = to its market cap after the US sale.

I am upbeat, all my posts are upbeat, i unlike you do not live in fear, fear of this fear of that.!!!

If you do not like a stock then why not stay away ?????????

tara7
15/12/2010
14:12
Tara7
if someone buys 5k pounds worth of shares...following your claims that the company now has 13M$ nett cash in its bank account....

and

the annual report reveals that it only has say 4M$ left after losses....and that struggling to balance the books and that outlook in short term is difficult and that it looks like the cash balance could be consumed....

and if share price falls as a result

will Tara7 pay back to anyone the losses they make on their shares ?

My point ?
That your posts are intentionally not true. No one outside of the FTS directors and maybe the 1 top financial manager knows what the annual report will reveal for nett cash.
They sold the best part of the company for cash (since needed cash imo), the profitable part ! .....that makes me worry, it makes you ramp !
=====

I hope the company does well.

My posts give numbers and logical reasons. And I note that I do not know the sector that FTS works in, although I can picture the key points/factors (system operators and system makers are the decision makers, the big companies include Ericson, Nokia, Siemens, and Vodafone, O2, Telefonica, France Telecom, T Mobile, Deutsche Telecom, BSKYB ?, USA cos, etc etc.....if your T/O in that sector is only 10M$/year then you are a very very small fish imo exposed to very big risks.
Noting that doing contracts in Nigeria, Indonesian islands. Not exactly the global contract for Vodafone. Nigeria, Indonesian islands....I assume contracts that the big players did not want to modify their systems to meet the requirements.
FTS is not winning the big contracts imo or its turnover would not be 10M$)

tara7 posts give no replies and concentrate on 'buy, buy !'

markt
15/12/2010
14:09
Did you work for FTS and get the sack.?
tara7
15/12/2010
14:04
Ask again, why do you want this stock lower.??
tara7
15/12/2010
14:02
Please do not take this the wrong way but, have you a clue about accounts or the stockmarket.??
tara7
15/12/2010
14:01
So you have now changed your $10M loss [post 82] into a $1.6M loss
tara7
15/12/2010
13:57
Been a very good investment from 10p two years ago.

More pork pies i see, "i point", never heard of them looks as if you lost a lot on that stock.!!

I do not claim 100% divi, do I?

I state they COULD pay 100% based on last weeks RNS and the fact they DID pay a 30% divi last year.

Not sure if your fight is with the company or me.!!

tara7
15/12/2010
13:47
Tara , you say profit reported in the interims. Not true.

from the set of accounts that is on ADVFN, it says

"Net loss for the six months to 30 June 2010 was $2.071m (2009: net loss of
$0.076m). "

from interim report.

I said 5M$ loss.....that was for 2009 I think....if I said it was for 2010 interims, then my apologies.

"Nett decrease in cash and cash equivalents" 2.936M$ . 3M$

Cash at end of June 5,341M$....but ....bank loans of 5-6M and required to have > 6M $ cash....so, strictly speaking, broken bank covenants.
I am not an FTS director....but maybe they sold FTS USA because they desperately needed the cash.....if banks had called in the loans since broken the bank covenants (as reported in the accounts) then the co. would, I assume, have had no cash to pay wages.

Segment profit loss
Europe 387k$ loss. Asia 49k$ loss. Africa 371k$ loss. USA 1.369M$ profit BUT NOW SOLD FTS USA !!

(HQ costs ?, listing costs?....etc )

Loss of remaining parts after sell FTS USA.
= 387 + 79k +371 (all losses = 837k$ loss. in 6 months.
'If' loss is same in 2nd half then = 1.6M$ loss.

BUT
these calcs. are not reality....major re-structuring going on....and market segment is in tough situation as results show (one part of accounts went from 18M to 4M between 2008 and 2009 !!!, frightening stuff. overall T/O from approx. 30M to 19M. That is severe. They cut costs from 27M to 22M in last financial year. There are major problems...will it now bounce back or suffer from on-going imbalance of costs with sales....at end of 2011 we will know !)

i-point
other Isreali company....shares at 1p...also in comms software market...and sold off its normal business and taken on another 1 !!

there are risks out there
anyone who believes Tara7's claims of 100% dividend payout and inferences that there is no risk....is blind imo...

looks to me like a typical situation.....if turnover goes up 50% in 2011 then the shares now are probably cheap, if it struggles in 2011 then share price could easily go down.
Shares were 120p in 2005, now 30p. Not been a good investment. Share price track record, terrible/disaster.

markt
Chat Pages: 54  53  52  51  50  49  48  47  46  45  44  43  Older

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