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FITB Fitbug

0.1675
0.00 (0.00%)
28 Mar 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Fitbug LSE:FITB London Ordinary Share GB00B57JBH88 ORD 0.1P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 0.1675 - 0.00 00:00:00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
0 0 N/A 0

Fitbug Share Discussion Threads

Showing 8601 to 8624 of 9800 messages
Chat Pages: Latest  356  355  354  353  352  351  350  349  348  347  346  345  Older
DateSubjectAuthorDiscuss
16/11/2016
09:23
Got these tucked away in the bottom drawer (alongside CRND!!!)

Hoping for a QXL style bounce.... I can dream!

robfitz
15/11/2016
20:48
And even more positivity from Fitbug today under the caption:-

"Wellness: Crisis, Opportunity for Change, or Both",
suggesting that companies supporting wellness could expect to see a market value increase of some 12% .
From the FITB CEO sitting on a Bloomberg panel:-
hxxps://www.linkedin.com/pulse/wellness-crisis-opportunity-change-both-anna-gudmundson?trk=hp-feed-article-title-like
"Our current situation is already costing employers a lot in terms of insurance premiums and absence, and surely a lot more than they are aware of with regards to productivity. With the current trajectory there is a real necessity for companies to look after the health of their workforce. As well said by Head of Wellbeing, Beate O'Neil, at our partner PSHP - wellness programmes are fast becoming a must-have and not just a ‘nice-to-have’.

"The good thing is that the employer can really have a great impact here. We all spend a lot of time at work and with the support of people around us it’s much easier to change behaviours towards a healthier lifestyle. Our clients aren’t trying to spy on their employees; they choose to work with Fitbug because they genuinely want their employees to feel better, happier and be healthier. They also understand that this is the only way to change the otherwise inevitable course towards increased costs related to sickness, absence and lost productivity. (Lost productivity alone was recently estimated at £57 billion in the UK and about $260 billion in the United States.) "

mudbath
15/11/2016
19:20
Evening allAs I indicated a few weeks back...the positive momentum continues........https://www.linkedin.com/pulse/wellness-crisis-opportunity-change-both-anna-gudmundson?trk=hp-feed-article-title-likeSally Gunnel, Punter Southall and Fitbug imo collaboration shown on social media pic today!Let's wait and see, not far off pushing the buy button.Dyor
rameshh
15/11/2016
18:33
The enrolment of Sally Gunnell to promote Fitbug's corporate wellness programme looks to be something of a coup.
There would surely have been some rock solid assurances regarding their financial status for Sally to have committed to the role..(imo)

mudbath
14/11/2016
11:52
Holmes Place (very much involved in the "garden party" ensuring Fitbug's current survival),grew from just one outlet in Chelsea 26 years ago and has continuously evolved and expanded ever since.
2006 saw a shift and an exit strategy is set in motion, leaving all UK clubs to be sold to a major competitor. In the following year the Fisher and Kirsch families joined efforts to buy back the worldwide rights to Holmes Place and expand to Germany, Austria and Switzerland. By 2011 the brand claimed the record for the largest privately owned quality health club chain in Europe.

Fitbug's digital wellness platform focusing on the corporate sector would imo compliment the Holmes Place business .It strikes me as beyond coincidence that the Kirsh and Fisher families continue to express faith in FITB,via their funding.
The current political/health organisation/ corporate focus on employee "well being" could provide exceptionally fertile conditions for that necessary scale to be achieved.

"Quality",is imo the key word involved.
The key task of the BOD should be ensure that the Fitbug name can be made synonymous with a similar level of quality.
If they can achieve this....

mudbath
12/11/2016
22:02
Good evening rameshh
It was good to see your link for the upcoming appearance of the FitbugActive team.
Thanks.

mudbath
12/11/2016
20:50
Evening all...Positivity with big names, cost cutting program, momentum changing and corporate restartup gaining traction..."Kim Nilsson ?@kimknilssonWohoo! Next #BizDS meetup announced: https://www.meetup.com/Business-Analy... 12 Dec with speakers from @Barclays prowler.io @FitbugActive @marksandspencer"Certainly will need to consider next trade soon, maybe they'll update at start of Dec?!Imo, dyor
rameshh
12/11/2016
10:13
One thing is certain.

Fitbug entertains the aspiration of being a global operator in the most topical and potentially burgeoning market across commerce and beyond;
namely "Workplace Wellbeing".
Ever since the Government commissioned PriceWaterhouseCoopers 2008 paper "Heath/Work/Wellbeing-Building the case for wellness";the topic has attracted increasing scrutiny.



There are now almost daily utterances on the subject from Whitehall and indeed the Government last week launched yet another new consultation on the subject.Topics in this consultation include," the role of employers and work coaches, improvements to the welfare system, investing in innovative services, occupational health support and changing the culture around work and health."

Fitbug is at the moment only a ripple upon a ripple in this market place.Yet the players in the background can no doubt see the benefits of Fitbug starting to achieve scale.

Imo this makes for an interesting,if risky,speculation.
Any rewards though could be equally interesting.

mudbath
09/11/2016
09:58
Fitbug owes its continuing existence to a most intriguing group of investors referred to as the Concert Party.

The Concert Party comprises NW1, Kifin, Prime Interaction, Allan Fisher, David Turner and members of their immediate families. Allan Fisher and David Turner are both founders and were (until 28 June 2016) directors of the Company. They have other business dealings and experience in health clubs with Mr Fisher being one of the founders of Holmes Place International ("HPI") and Mr Turner being a co-founder of LA Fitness. Mr Fisher continues to be a director shareholder in HPI and Mr Turner is also a director of HPI, representing the interest of the independent shareholders.
NW1 is an investment vehicle with the adult children of Mr Turner and Mr Fisher being the two shareholders of that vehicle.
Kifin is a Kirsh Group subsidiary. In 2007, HPI had the opportunity to acquire other elements of the old Holmes Place Europe business and Kirsh Group provided the funding for that acquisition and became a 30 per cent. shareholder in HPI. The Kirsh Group subsequently made a further investment into HPI taking its stake to 49.9 per cent.
Prime Interaction is an investment holding company whose directors are Barry Stiefel (who is also the manager of the Kirsh family office) and Robin Fisher. Mr Fisher has, in addition, a distant family connection with Mr Kirsh whose net assets total over £3billion.

In view of the ongoing support being provided by the Concert Party,it would seemingly follow,imo,that they will have influence or indeed control over the day to day decisions and future strategy at Fitbug.It might follow then that Heidi Steiger's Board appointment(and that of Richard Goodlad )are part of that strategy.Might that strategy include a relocation to the USA,or elsewhere,for one of Richard Goodlad's stated credentials,upon his appointment as the new Fitbug Finance Director was that he migrated the Blue Hackle Group,whilst he was CFO there, to the US following the sale of 48% to a US private equity fund in 2010

mudbath
08/11/2016
10:03
Heidi Steiger is an interesting addition to the BOD.
Not quite sure where she is coming from-although she is certainly into female empowerment-this is Heidi speaking yesterday on the eve of her appointment.

mudbath
08/11/2016
09:34
I cannot see Fitbug ever being able to trade out of their horrendous financial deep hole,so there will have to be a saviour emerge from somewhere if this abysmal outfit is to continue trading.The key in my book is for Fitbug to maintain the momentum of sales in the B2B sector which in the past six months amounted to £562,219, a 52% increase in like for like sales for 2015.If they could demonstrate just some potential for actually achieving further worthwhile client numbers in the B2B sector then a predator might emerge.The current 6 months are therefore critical and some newsflow regarding client gains would be reassuring.(and probably stimulating for the SP)
si_9125945
08/11/2016
07:00
Morning all,DUSSELDOLF I agree with you, there is fundamentals and then there technical analysts!There is money to be made, and that's is why we are here, as I certainly won't post on BB for a long time with no investment or intention. Gla to you, imo fitbug is in a much better state than a year ago and just look at CTAG...need I say more, fitbug is looking good.
rameshh
07/11/2016
08:56
An excellent article appeared on Thursday in Mobihealth news under the heading,
"Fitbit lowers earnings projections for year".



Fitbit state that,"“We are actively looking to expand in adjacent markets, especially digital health, in order to diversify business,” Park said on the call. “We expect additional penetration and expansion to occur both via organic development and through M&A, and we see disciplined use of M&A as a key tool in accelerating our strategy.”

Park went on to say that,
"the meager growth in other regions(is) "disappointing," and said the company is looking to find more ways to engage ..."

This dovetails perfectly with Hybridan,FITB's joint house broker's, observing that,"the industry continues to consolidate.... A market value of £2.77m arguably represents pocket change for a predator looking to pick up a fully developed platform complete with distribution channels."

Fitbit is of course only too keenly aware of Fitbug !

mudbath
07/11/2016
08:30
The share price has been stuck at this level for ages. Still have small holding here but the lack of news is concerning to say the least. Some corporate news must happen over the next three months or more funds will be required. A RTO is definitely an option here now
knigel
07/11/2016
08:08
rameshh - My view on Fitbug has not changed (though I used to be interested in buying, but remained cautious, research first unlike most it seems) and by not buying into the hype - I saved lots of money. You can trade as opposed to invest, but 90% of those who do, lose, because they are greedy or believe every company will fulfill its vision and put in more eliminating prior profit.

Avoiding poor stocks is an equal to investing in good ones - I have learned this through experience - yes, I've made poor investments before - but you have to learn from it.

mudbath - fair enough re: your trade. historic 'watchlist' traders (waiting for something for old times sake) and the lemming brigade can spike any share price. Something needs to happen here, so on the basis that NW1 want to make some money back at some point - there may well be action in the coming months. The price is fair for a speculative punt (as opposed to backing legacy business) IMO, so if that's your game - good luck, you could well trade out a profit.

dusseldorf
06/11/2016
11:25
With Fitbug operating and administrative expenses amounting to an eye watering and profligate £5,241,000 in 2015 against revenues of just £1,259,000 there is obviously an urgent need for the, "significant reduction in permanent cost base and engagement of outsourced service providers for development of platform and ancillary services (IT, logistics, finance admin)"specified in the recent interim results.

At least Fitbug are now acting swiftly with the dispensation of the services of SVP Business Development
being an early example.

"January 2016 – September 2016 (9 months)London, UK / Chicago, IL
Recruited under Vander Zanden Group to advise CEO & Board of Directors(of FITB) as an expert on US Health Care market. Joined company as SVP Business Development to initiate US turnaround Strategy, re-launch US business, and manage US operation. Departing company after business transition due to shortfall in global funding plan. "

mudbath
06/11/2016
10:31
"Fitbug is a dynamic, global wellness tech company, providing digital wellness solutions that empower employers to create a positive culture of wellness within their organisation. By helping employees to embrace a healthier way of living, Fitbug helps maximise performance, reduce absenteeism, decrease the risk of chronic illness and lower healthcare costs.

Their technological edge allows them to address holistic wellbeing by engaging both individuals and teams through intelligent, personalised interaction and gamification and is an opportunity to make incremental behavioral changes that will last a lifetime. The progress of individuals then translates to actionable data, meaningful reporting and insights that allow the organization to monitor the impact of the program and to refine it in order to achieve success."
-------------------------------------------------------------------------------------------------------------

These are Joint Broker Hybridan's fairly positive views published in October 2016.
"Fitbug still has some way to go in establishing itself as a major supplier of
digital corporate wellness solutions. However, the journey is well
underway and a combination of unique technology, focused
management team and select strategic partnerships is already seeing roll
out across organisations with employee numbers in the thousands. The
corporate wellness market is forecast to reach $12.1bn over the next five
years in the US alone.
Fitbug needs to build scale, and we believe the Kiqplan and Corporate
Challenge platforms, offer a compelling proposition for employers to
engage their staff in improving their wellbeing. The industry continues to
consolidate with MobiHealthNews reporting 18 digital health acquisitions
in the first half of this year. A market value of £2.77m arguably represents
pocket change for a predator looking to pick up a fully developed platform
complete with distribution channels."

mudbath
05/11/2016
19:23
Good evening all,Before we all head off to bonfire night...Düsseldorf you are better of throwing your ideas into a fire! "Dusseldorf - 03 Nov 2016 - 23:41 - 8424 of 8425 - 0...'We' have all been proved as predicted 100% correct..."...this seems to have always been short term not long term as you state!Imo, there has been opportunities to make money here on the spikes in the last few months. I'm sure more to come, with the positive outlook for new strategy focusing on corporate wellness, a huge growth prospect proven by the global players.It seems you are very bitter as DUSSELDOLF MADE NO MONEY over the years.Imo great positivity by the CEO and great progress on working with Sally Gunnel. Cost cutting and restart up on a new business.Dyor, imo.
rameshh
04/11/2016
14:17
Dusseldorf is correct in all that he says.
Yet, whilst he has indeed called the share price all the way down to its current .21/.22 quote,this does not mean that there is not an opportunity to speculate profitably.
I have just bought around 1.5 million shares today and would be very surprised if it failed to yield a good or even spectacular capital gain over coming months.
If there were to be a reverse even hinted at then any rise could be very exciting indeed.
We know that the garden party participants have the deepest of pockets, with Nathan Kirsh in particular holding an array of interesting investments.
Obviously a total punt with the risk of a 100% loss,but possibly one well worth taking at today's prices,imo.

mudbath
03/11/2016
23:41
Not sure what relevance your post on those with a negative view has. 'We' have all been proved as predicted 100% correct - I for one have called this down 99% since its quite frankly unwarranted and rediculous short term rise when all others said it was the next big thing, which was nothing to do with the company and all to do with lack of knowledge or basic research of those buying.Sally Gunnel? I'm sure she's a lovely lady, but hardly a household name anymore.I struggle to see how fitbug will be in existance in its current form in 12 months without a) more funding, or b) actually becoming a completely different company by reverse, which would be the final admission there is just no money in corporate wearables and tye software faces too much competition.One factor alone keeps this trading and thats NW1 investment. Either they are incredibly stupid for throwing good money after bad, or there is a reverse coming.
dusseldorf
01/11/2016
22:29
Good evening, So as I stated recently, I was planning on looking at this again soon...see old post below:....................................Good evening,Dusseldorf I have no position here at present, have set buy order if prices meet my target. I'd expect news/update before year end.Just read through this board and it seems the negative posts (Düsseldorf, Dt1010, Mister MD ...to name a few) are from those that may have missed the opportunity to make money. Most likely they will reply and lie and don't expect anything else on an anonymous share board.Imo. Good luck current holders, still positive that good luck will gain momentum though will take time untilNext trading update...........................According to social media of these days, the good luck is continuing and positive indeed as Sally Gunnel, the British athlete whom runs a wellness product, imo may be collaborating/partnering fitbug. Tweets from the CEO and herself indicate this at a recent presentation.Imo, potentially another wellness partner, most importantly a sporting ambassador and personality would be great news if this is the case...let's wait and see...maybe an update soon and as earlier than i had expected, may need to look at re-entry soon.Gla, imo, dyor.
rameshh
27/10/2016
19:57
Come on Anna, break a nail and type an rns - just for fun !
caledoniaman1
20/10/2016
11:31
And all the supposed buys today are just more bailing out disguised by the spread - just the usual AIM pish on a stock about to collapse IMVHO.
caledoniaman1
20/10/2016
11:29
Agreed Dusseldorf, however presumably Anna can concentrate on some new Corporate deals rather that her twitter account and eating habits ! She would better just getting on with her job !!!!
caledoniaman1
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