Fusionex Share Discussion Threads

[gucci] 05/2/2016 12:22

that was a nasty mm trick!!!!

[liam1om] 05/2/2016 11:49

Just entered here at 130. Missed the recent bounce so happy to add at this price.

Good luck all holders.

[ramridge] 05/2/2016 11:44

17% drop? wtf??

[gucci] 05/2/2016 10:52

Decent buys and price dropping?....
Mm games?...

[padgham] 04/2/2016 19:30

Jangaman - 20m in GBP but 77m in RM

[aishah] 03/2/2016 09:48

"Cash collection for the year was adversely affected by an increase in trade receivables as a result of the business moving increasingly to channel partners which enable Fusionex to support scalable growth and wider market reach. These channel partners however require extended terms of trade, which is not unusual in the software industry and has resulted in this increase in receivables. Since the year end, and in the ordinary course of business, RM23.4m (GBP3.8m) of the year-end receivables of RM28.5m (GBP4.6m) has been collected."

[jangaman] 03/2/2016 09:29

Revenues of 20million(ish), trade receivables of 28 million(ish). How does that make sense?

[gucci] 03/2/2016 07:46

The Company has received notification that Calvin Chun, Non-executive Director of Fusionex, acquired 2,000 ordinary shares in the Company ("Ordinary Share") at a price of 160 pence per Ordinary Share on 2 February 2016. Following the purchase, Calvin Chun has a beneficial interest of 8,666 Ordinary Shares, 0.02 per cent. of the Company's issued share capital.

[betelgeuse1] 02/2/2016 15:01

FXI could get a bid approach, got £40m cash ?

INTQ got one todaty and price up 60 per cent

[1628386] 02/2/2016 07:11

Another £130K delayed buy has popped up from Friday morning.

We saw multiple buys at this sort of figure on Friday ... These can't be PI buys.

I think we have an Institution buyer in the background mopping up shares and they eventually overwhelmed Inflection Points selling.

It seems simple to me ... If they saw value four months ago and bought into the placing at £3.25 on the basis of an accelerated growth plan, they must think anything at this price is a BARGAIN given the plan hasn't changed

[betelgeuse1] 01/2/2016 16:05

good point

[1628386] 01/2/2016 16:03

If I was a betting man, I'd say we'll have news this week on success of a contract or success in general.

The company will be keen to roll out good news to build confidence following the exit of Inflection Point

[betelgeuse1] 01/2/2016 15:44

twitching again and going up

[gucci] 01/2/2016 14:11

tree shake

[gucci] 01/2/2016 11:44

anyone with L2?
good 20k buy

[gucci] 01/2/2016 10:58

good to see nice steady buying today

[simon gordon] 01/2/2016 08:18

162,

I'm only in here for the bounce and a quick scalp. 2018 is a long way away. Share will probably find a level and then just zombify within a trading range.

[1628386] 01/2/2016 07:14

Fantastic news....

That's fantastic news, confirming Inflection Point are OUT.

Looks like the brakes were released Friday afternoon when that massive trade went through.

Let's see where fair value is.... I would expect a scramble 1st thing this morning for investors to snap up bargain shares now it's confirmed the seller has gone

[1628386] 31/1/2016 22:30

Simon

I've just noticed you would have a 'four bagger' if the price rises to my target of £5.

That means you have an average of £1.25 which is the same as me.

I only invested here last Tuesday so I guess you did the same. I'm assuming you sold your original investment and re-purchased this week viewing this price as a good entry.

If you don't mind me asking what's your exit strategy this time?

[1628386] 31/1/2016 17:04

Some interesting stats Henchard.

If you ran the figures 2 weeks ago, Fusionex would have been up 120% from flotation and the track record of Panmure would have looked excellent (even allowing for the dud Wandisco)

Once the Fusionex recovery settles, it would be interesting to re-run your figures.

Not a bad track record there. Some brokers have an awful record

[henchard] 31/1/2016 16:39

I take your point 1628386, re. IIs and O'Connor's standing and price target.

Just out of interest, I thought I'd have a look at the companies mentioned on a Panmure web page for O'Connor: "Notable recent IPOs include, Focusrite (+35%), Eagle Eye (+30%), Fusionex (+160%), Wandisco (+42%) and Escher(+19%)." The data Panmure is showing is evidently a bit out of date, but I've updated it and noted the broker's price targets at flotation and currently.

Escher:
Flotation Aug 2011 at 170p, current price 175p (+2.9% return in 4.5 years)
Panmure initial price target ???, current price target 367p

Wandisco:
Flotation Jun 2012 at 180p, current price 118.5p (-34.2% return in 3.5 years)
Panmure initial price target ???p, no current price target - Wandisco changed broker May 2014

Fusionex:
Flotation Dec 2012 at 150p, current price 155p (+3.3% return in 3 years)
Panmure initial price target 336p, current price target 744p

Eagle Eye:
Flotation Apr 2014 at 164p, current price 221p (+34.8% return in 1.75 years)
Panmure initial price target 229p, current price target 286p

Focusrite:
Flotation Dec 2014 at 126p, current price 152.5p (+21.0% return in 1 year)
Panmure initial price target 208p, current price target 217p

Judging by the price targets, O'Connor had Fusionex as more undervalued at flotation than the other companies, and it is also the one he sees as outstandingly undervalued today (although he did have a target of over £10 for Wandisco, at one time, before the company changed broker).

So, Fusionex currently seems to be the pick of the crop as far as O'Connor is concerned. As I say, this is just for interest.

[panic investor] 31/1/2016 15:24

Some great posts on here today guys - much appreciated.

[1628386] 31/1/2016 15:15

I actually agree with you both. The basis of what I am suggesting isn't based on II's or brokers. Where the conversation diverted on to that was their surprise at the investment cost impacting P&L.

The recent investor exit (inflexion Point) has clearly damaged the share price though and so their thoughts are important as they have the ability to drive the share price down or up.

As for George O'Connor, his target is 744p which is 50% more than mine so agree he is bullish. Nevertheless we can't argue with him being well respected. He was recognised in the investment industry as being the top tech analyst for small companies in 2013.

[panic investor] 31/1/2016 14:47

My first post here but I agree with Henchard, II's make all kind of mistakes and as for brokers notes I all but ignore them. Looking forward to further rises here.