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| Share Name | Share Symbol | Market | Stock Type |
|---|---|---|---|
| Fastforward Innovations Limited | FFWD | London | Ordinary Share |
| Price Change | Price Change % | Share Price | Last Trade
|
|
|---|---|---|---|---|
| 0.00 | 0.00% | 8.25 | 01:00:00 |
| Open Price | Low Price | High Price | Close Price | Previous Close |
|---|---|---|---|---|
| 8.25 |
| Top Posts |
|---|
Posted at 02/7/2021 09:32 by 888icb An interesting tweet this morning:In April 2021, @edmcdermott12 said “£30m mkt cap (13.3p) wasn’t a fair reflection of the assets we have”. To be fair we would all have to agree the nav has moved on a couple of pennies since then. Therefore even dealing with a slight discount on nav, 14p looks cheap! $ffwd #ffwd It seems fair comment to me and another tweet has listed what’s coming FFWD upcoming Q3 SWB IPO Northern Leaf IPO JUV close series C/IPO Yooma UK listing LGP UK listing Leap liquidity event New investments Factom/inveniam update It’s about time this started moving north again on the constant stream of good news. |
Posted at 29/6/2021 11:28 by 888icb A tweet this morning from EdEd McDermott @edmcdermott12 · 2h This is very much a ‘hiding in plain sight’ investment in my opinion. To be able to enter at these levels is fantastic. I feel If the mkt cap was $300m or even $400m it would be no surprise to the cannabis sector. Paper gains of circa £1m currently for #FFWD Quote Tweet FastFwd Innovations @ffwdinnovations · 28 Jun $FFWD has invested a further AUD$2.76m in its portfolio company, @LittleGreenPHAR , an ASX quoted medicinal cannabis business with operations from cultivation & production through to manufacturing and distribution #MedicalCannabis #VerticalFarming |
Posted at 22/6/2021 19:54 by dave4545 I'm pretty sure from memory when FFWD was in the 11-15p range Portage was in the 5-15 range.Now FFWD is in the 8-9 range Portage is in the 30-40 range There's just no logic anymore but I guess because the stake is quite small it makes little difference to FFWD unless a massive move up or down. |
Posted at 19/5/2021 13:30 by 888icb A tweet from Alfredo an hour ago:Alfredo Pascual Mate @alfrep28 · 1h Phenomenal interview where @edmcdermott12 explains why particularly in the cannabis industry @ffwdinnovations brings "so much more than just money" as an investor. #FFWD Quote Tweet Total Market Solutions @TMSreach · 6h Time to take a Leap into @ffwdinnovations ? “…WeR Here, #FFWD CEO @edmcdermott12 catches up with @copytaster |
Posted at 17/5/2021 09:25 by 888icb Extract from an article in Business cann about our new recruit:FFWD is the only European quoted investment fund with a stated focus on the cannabis space and features a portfolio of leading companies including; Northern Leaf, Yooma, South West Brands and Little Green Pharma. It recently secured an additional £5m in funds following the sale of EMMAC Life Sciences to leading US cannabis player Curaleaf. EMMAC was co-founded by Mr McDermot and FFWD had a 2.3% stake . FFWD says this exit cash brings it total investment pot to over £12m with Mr McDermott telling BusinessCann its expects to see ‘additional liquidity from legacy portfolio assets over the coming months’. Deals Imminent Adding: “The likelihood is that we will have a larger cash position to invest, than is currently stated, over the coming months.” He also went on to say that it expects to boost its investee portfolio to ‘at least six, in the very short term’. In his new role Mr Pascual will focus on sourcing and evaluating investment opportunities in the European medical cannabis industry as well as supporting the growth of FFWD’s portfolio companies in the sector. |
Posted at 09/5/2021 10:40 by 888icb I have a suggestion for Ed and the FFWD board to address the problem of the share trading at a large discount to NAV and to reward long term investors.FFWD should commit now to returning a proportion of the profit received from the sale of Leap Gaming to Shareholders by way of a special dividend. If he wants any help with this Jim Mellon has used special dividends in companies set up like FFWD with several investments. |
Posted at 11/4/2021 14:00 by bdog51 Zak's Sunday Roast 11th April, features Ed McDermott and FFWD discussion -FFWD discussion parts listed below - 16.35m Ed on people buying FastForward (FFWD) shares. 18.13m Ed on stock market discussion 19.38m FFWD's investments/strategy 22.00m Albert: What does FFWD actually do? 24.00m Ed on the FFWD focus 25.41m Phil: What does FFWD look for in investments? Yooma. |
Posted at 11/3/2021 11:42 by 888icb I think we will see the large increases in market cap this year because we have now reached the time for liquidity events in our early investments. Ed mentioned the 2 main drivers of the market cap and he knows what Leap should produce as he has all the accounting information as a Director of Leap.I think it is very useful to understand the history of FFWD as this gives further confidence in why I think it will deliver a good return. FFWD was set up by Jim Mellon inspired by his book of the same name to invest in companies at pre ipo stages not available to normal private investors. So you need people like Jim Mellon and high net worth investors who have access to those opportunities. Look at who our large shareholders are and look at their involvement as Directors and large shareholders in the companies FFWD has invested in. They will all make more money the sale of the underlying investments but will also want to make a return on the money they have had invested for years many at considerably higher share prices than today’s. In the early days the 2 main drivers were Jim Mellon and Lorne Abony both of whom were Directors. Over time both resigned as Directors to concentrate on the underlying investments which have all performed very well. But I also suspect they both resigned to avoid the potential conflicts of interests inherent in being Directors of the Investee companies as well as FFWD. So we then have Ed’s arrival on the scene and we are aware of his links to Lorne. So while Ed doesn’t have any shares himself there are a number of large shareholders who he won’t want to disappoint. Everything points to Leap delivering this year and with a 44% stake the lions share of the profits have to come to FFWD to put the original large shareholders into profit. |
Posted at 10/3/2021 11:51 by 888icb We all want to know a ballpark value for Leap. This is a tweet on FFWD this morningbergo @bergosbg · 1h Point of comparison for #FFWD #TBLD - indie game developer listed on #AIM this week for $474M (350GBP) !!! A 250GBP IPO for @leapgaming on the Nasdaq (not AIM) is not entirely unrealistic - the market for gaming is huge bergo @bergosbg · 2h 8/ #FFWD this would equate to 75-124M GBP to #FFWD - 3-5x current market cap and that's not taking into consideration #KNB, #CBX, #PRTG etc Note: Even if the IPO is 50% of that (to give the price time to scale to GAN / GMBL) levels, that's still 40-60M to #FFWD I have no idea what comparison he has done but it does at least start a discussion on Leap having a very significant value. |
Posted at 10/3/2021 11:23 by 888icb I agree David Burton makes some very good points.We have made a very good return on our investment just not as much as we had hoped or what could have been if the IPO route or a sale to a company not involved in recreational cannabis had been undertaken. I think people who have sold today out of disappointment will regret their decision because clearly the company is worth more today than it was yesterday. It will be ridiculous if the share price finished down today because the company has a bright future with a disposal of Leap and £8 million to invest now. I think Ed needs to show his commitment to FFWD by investing a significant amount of his profits from EMMAC into FFWD. Ed has made far more profit than FFWD. He and Lorne could have steered EMMAC down a different path but put themselves first rather than thinking about FFWD shareholders. If Lorne and Ed had held their interest in EMMAC via FFWD rather than directly I am sure we would have seen a different deal. |
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