Fusionex Share Discussion Threads

[blah blah] 17/2/2017 13:58

Donald- you are spot on. The alternative thesis to the one I outlined is that the market makers are dropping the price to scare people out. For me the risk is too high to take a view but if we you are confident then so be it. Thanks for being grown up about it.

[donald trumpton] 17/2/2017 12:34

Insane drop.

Added.

[donald trumpton] 17/2/2017 12:30

Thank you for that Blah, but it is precisely what makes a market isn't it. Namely - Fear, and Greed.

If I've got this right, then great. If not, back to the drawing board!

[blah blah] 17/2/2017 12:20

For all your sakes I hope I'm wrong but the warning signs are here for all to see:

It's a Far East company; too many of those listed on AIM have turned out to be wrong 'uns
It disappointed the market before and shares crashed in advance of the announcement
It appears to be late publishing its results, there has been no announcement of what is going on and in the meantime people are selling and the price is falling

I'm sure holders will shoot me down, but I would say you have to be mad to be buying this close to results with these warning signs. Why not wait for results - I'm sure if you're watching it closely and the results are good you'll be able to get in early. I'd rather be buying 5-10% higher on the back of a positive statement than right now.

[its top up time] 17/2/2017 12:00

I'll have some mate!

This is a steal.

[berkeley hunt] 17/2/2017 11:56

Would you like some cheap stock governor?

Any nice FXI I can tempt Sir wiv?

Going nice and cheap.

[donald trumpton] 17/2/2017 11:51

I agree. Seems way too cheap at the mo'.

Bargain - snap it up.

[galeforce1] 17/2/2017 11:27

I'm also buying. Now 1.40 to buy.

FXI currently has an Enterprise Value of only £43m. This looks very low for a growth tech business with blue chip clients all over Asia, that has no debt and £22m in cash.

For the full year to 31/9/16 I'm looking for revenue of 90m MYR and GIANT customer numbers rising from 68 to 80.

The bottom line isn't going to look great because of heavy investment in marketing and product development. But that's normal for a growth business.

[donald trumpton] 17/2/2017 11:16

Hammering away on the Buy button me.

He who dithers..

[galeforce1] 17/2/2017 09:48

Now 1.42 to buy.

There's someone out there who's keen to sell.

[j777j] 17/2/2017 09:11

I note the average broker target price is 274p,sugggesting nearly 100% upside.The highest target price being 328p.

This from the last trading update at the end of October 2016...

"The Group's steady progress has underpinned a strong FY2016 financial performance. The Board anticipates that revenue will be in line with market expectations and, despite the significant planned investment in the marketing and promotion of Fusionex's products, EBITDA is expected to be significantly ahead of market expectations.

The Board expects the positive momentum experienced in FY2016 to continue in the current year."




In 2014 this was trading around 700p.

[abarclay] 16/2/2017 21:01

Where theres muck theres brass. Where theres chinese, theres usually a chinese take away.

Someone probably dumped a load of dung near the close. Who flung dung.

[saj3] 16/2/2017 15:48

looked like a tree shake! bought more at 140p only time will tell if it was a good decision.

[donald trumpton] 16/2/2017 14:03

Bang Bang Bang Bang

..goes the button.

[donald trumpton] 16/2/2017 13:41

Insane drop before results.

All I can do therefore, is Buy some more.

Thanks.

[galeforce1] 16/2/2017 12:45

The drop is on tiny volume, so hopefully it's nothing to worry about. Only about 12000 shares traded today so far.

There was a change of NOMAD announced earlier in the week. Anyone know of a reason for this?

[donald trumpton] 16/2/2017 11:44

Buying it good this morning.

Has to be done - it's a gift.

[meanwhile back at the ranch] 14/2/2017 16:04

Except this one - I'm Buying.

[saj3] 14/2/2017 15:50

No one seems to know! And I think some investors are getting bored and selling!

[blue sky territory] 14/2/2017 14:43

This year??

[donald trumpton] 14/2/2017 14:41

This month?