Ffastfill Share Discussion Threads

[wh1spa] 15/2/2013 08:05

Something going on!

[wh1spa] 15/2/2013 07:51

looks like a rise in order today

[wh1spa] 14/2/2013 18:16

Early bird catches ..............

[bluehair2] 14/2/2013 06:55

1.5 million bought shares neatly reported just after the close yesterday.

[bugs bunny] 13/2/2013 12:21

If no new contract wins are announced between now and the full year results out in May all we have is the trading update which usually come out in April.

[richjp] 13/2/2013 12:13

As well as a significant amount in GHT I also have a smaller sum in FFA which also has moved up a little in the last two days, so I will make the same post on both threads.

The chief exec of Fidessa, which for those that don't know is a major software supplier to the banking market, made some remarks on Monday which were positively and quite widely reported in the media yesterday. He said that although trading conditions had been tough, he thought that the banking industry was stabilising and that the future outlook was improving.

I wonder if that comment has prompted potential investors to take a look at smaller cap IT companies for value and people that may have had the likes of GHT and FFA on their watch list for some time, have decided to buy in now rather than miss the boat.

I suspect that may be the reason for the increase in the share price of both companies rather than any specific news. That is fine for me, however I feel these increases will need to be supported by some positive news in due course.

[bugs bunny] 13/2/2013 10:38

Maybe someone has seen reps from Pattington go into FFA offices LOL

[wh1spa] 13/2/2013 10:08

Little flurry ..... May turn into a big one!

[bugs bunny] 12/2/2013 12:11

Taken from Dreamcatcher.


A strong balace sheet means Ffastfill (FFA:AIM) is well positioned to capitalise upon any recovery at its investment banking customer base. One of the £70m caps key selling points is its ability to offer a complete back-to-front office solution that can be rolled out across an organisation's global network. The order book accounts for around 90% of this years £23.6million revenues. Organic sales during the interim period grew 14%, including a 21% SaaS revenue advance.With £2 million of net cash on the balance sheet, more acquisitions to add extra value are possible.
Earnings per share (EPS) this year of 0.7p could easily hit 1p in the 12 months to March 2014, and assuring a fairly typical sector-wide Price/earnings (PE) multiple of 20 for the company, that could spark a share price surge.

[bugs bunny] 05/2/2013 11:23

I think, maybe the movement upwards in the share price has some speculation after last weeks announcement from ION to shuffle there pack to another arm that took over PTS. We do have a trading update due early April.

[richjp] 04/2/2013 15:34

In my experience small caps often remain static for long periods of time before moving quite quickly. The company seems to be doing all the right things so perhaps the share price is just catching up a little.

[bugs bunny] 04/2/2013 12:47

MM's seem to be short of stock......Looks like the 250k trade was a Institutional trade to the MM something to trade with, The buys are small qty's relatively, small trader's hoping last weeks shuffle is going to lead to a bid.
Without any announcments from FFA its all speculation.
Up again,

[site manager] 04/2/2013 12:35

Smoke and fires anyone ?

[bugs bunny] 04/2/2013 09:35

Lets hope so.....However not holding my breath.

[wh1spa] 04/2/2013 08:33

Something cooking? volume picked up recently!

[bugs bunny] 29/1/2013 15:28

The NO show on the share price has me thinking......If there was a wiff of something going on the share price would have moved up.

[bluehair2] 29/1/2013 15:11

Fwiw the cynic in me thinks this is a very odd thing to do just before a takeover. It's like giving the market a heads up as to it's intentions, which in any normal circumstances would have the spiv punters buying and MM's hiking the price up on just the potential of this action alone..... and yet we've had nothing like that today.
I think "will they, wont they" is still here.

[bugs bunny] 29/1/2013 14:41

Its going to be interesting few weeks ahead....Well lets hope so, an end to this ongoing saga of will they, won't they.

[wh1spa] 29/1/2013 14:36

Many thanks Bugs. Be interesting to see how this plays out

[bugs bunny] 29/1/2013 14:29

ION made a Bid approach 28th November 2011 and Pattingham made a recommended cash offer 20th December 2011 and COMPULSORY ACQUISITION OF PATSYSTEMS SHARES Pattington Limited 21 February 2012
The time lines appear to be blurred.

[wh1spa] 29/1/2013 13:51

Does anyone know how soon before the offer for PTS the transfer from Ion to Pattington took place? Just trying to gauge whether an approach is imminent.

[bugs bunny] 29/1/2013 12:27

Lets hope Toddy and co get the real value for FFA, What would make it more interesting is if Cinnober would reappear.

[bluehair2] 29/1/2013 11:54

Thanks Bugs, I hope FFA don't just roll over without a fight (like PTS)

[bugs bunny] 29/1/2013 11:37

Just been trawling though statements on the ION, PTS takeover and it appears to be the same tactic.

Pattington Limited

20 December 2011

RECOMMENDED CASH OFFER FOR

PATSYSTEMS PLC BY PATTINGTON LIMITED

The boards of Pattington Limited ("Pattington"), a member of the ION Group, and Patsystems Plc ("Patsystems") are pleased to announce that they have agreed the terms of a recommended cash offer to be made by Pattington for the entire issued and to ...

[bluehair2] 29/1/2013 10:55

Does anyone know if ION made the same move at PTS and transferred the stock from their name into pattington's prior to making an offer?