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| Share Name | Share Symbol | Market | Stock Type |
|---|---|---|---|
| Future Internet | FTI | London | Ordinary Share |
| Price Change | Price Change % | Share Price | Last Trade
|
|
|---|---|---|---|---|
| 0.00 | 0.00% | 298.50 | 01:00:00 |
| Open Price | Low Price | High Price | Close Price | Previous Close |
|---|---|---|---|---|
| 298.50 | 298.50 |
| Top Posts |
|---|
Posted at 08/5/2007 08:43 by abadan2 It is very interesting to see all these people who were formerly with Microsoft joining FTI. Robert Marcus, who is the new CEO, was a director of Mergers and Acquisitions at Microsoft, and they now seem to have a top sales guy who has joined. What's going on? |
Posted at 22/3/2007 12:21 by charlie NH: and I am also hearing that one market maker has deregisted itself in Future InternetPM: Goodness - who is that? NH: can't say but if you look at level 2 on your trading screen it should be clear PM: Why have they done that?? - especially got a top Microsoft guy from their "elite M&A" team - not just there bog standard one ... NH: i am told that they are concerned that the price of FTI has been manipulated PM: Surely not in any sort of criminal sense NH: no. it seems to be related to the fact that there is a very limited free float PM: Oh i see NH: just look at the chart, shares up 500% since December PM: Hmm PM: So what are the shares doing today? NH: they are off 13p at 239.5p NH: despite that the company is still valued at £130m PM: I was a seller at 243p yesterday. I willkeep the short open. PM: NH: supporters say the valuation can in part be justified by some of the deals the company has struck NH: for example with yesterday's results its reveled the acquisition for £0.3m of a 31% stake in a start-up hosting business, Chinook Hosting Corporation, based in Seattle - very deliberately sited next to Microsoft's Redmond headquarters!!!! PM: Right PM: So the new ceo can meet up regularly with his elite friends, i guess NH: indeed |
Posted at 20/3/2007 14:59 by nirvs Must be with all the previous RNS'. I bought in to FTI very late...only this morning...got lucky with today's move.Did the same yesterday with NICL. They happen in 3's don't they? lol |
Posted at 18/12/2006 14:01 by realism I think the bottum is round where we are now. FTI has now a clear strategy as explained below:The Company has also set out its intentions regarding its strategy, markets and planned product and service offerings which are, in summary, as follows: * Continue to build on the strong growth of the core Artilium business * Continue to expand Artilium's offering internationally, which has started encouragingly * Focus on new channels identified to broaden the customer base where early sales have been achieved * Leverage opportunity for a new profitable revenue stream already identified The Acquisition * On 7 March 2006 FIT announced that it had entered into an agreement to acquire 49 per cent. of the outstanding share capital of Artilium NV ('Artilium') for a cash payment of Euro7.5 million with the option to acquire the balance of the issued share capital of Artilium within 12 months. On 21 June 2006, the Company formally exercised its option to acquire the remaining 49% of the issued share capital of Artilium (the Acquisition). The consideration under the Acquisition will, following a variation of the terms announced on 24 November 2006, be satisfied by a payment of Euro2.1 million in cash and the issue of 2,000,000 Consideration Shares (equal to 400,000 New Ordinary Shares). This values the whole of Artilium at approximately #6.9 million (based on the cash paid and the shares issued at the Placing Price of #1.00 per New Ordinary Share). Information on Artilium * Artilium provides technology solutions to network operators and enablers. Its core product is a Shared Service Delivery Platform ("SSDP") which comprises a single technology platform offering a variety of services to both the network operator and its subscribers. * Established in Belgium in 1999 by experienced telecoms engineers, Artilium has an established market position which it has developed by supplying its products and services to a number of operators throughout the Benelux region and, in conjunction with its partnership network, has already established installations in more than ten countries across Europe. Background and reason for the Acquisition * Artilium has been successful in selling its platform throughout the Benelux region but as a "software engineering" focused organisation, the management of Artilium focussed on regional deals initially and provided a large amount of bespoke customised software in addition to its platform. * The Directors believe that Artilium has significant experience in the telecoms sector and in acquiring Artilium, FIT will be able to combine its experienced international sales and product marketing team with Artilium's engineering capabilities. * In the Directors' opinion the result is an opportunity to exploit Artilium's past regional success on a global scale, capitalising on demand for service delivery platforms. With a customer base of leading telecoms operators and a proven track record, FIT is confident it can extend Artilium's position as a leader in service delivery platforms from Benelux throughout the world. Intentions regarding the Company * In addition to extending Artilium's core business internationally, the Board believes there is a significant opportunity for Artilium to capitalise on another widespread technology trend, the delivery of software as a service ("SaaS"). * The Directors believe that, increasingly, businesses are coming to recognise that outsourcing the management of their technology is a cost effective decision. With the proliferation of broadband penetration into businesses, leading software providers including Microsoft and SAP have embraced the concept of delivering software over the internet. Warehousing and distribution costs are virtually eliminated, updates are more easily deployed and support can be provided more rapidly. * To obtain business users, software providers seek to include their applications within the product offerings of service providers (such as internet service providers ("ISPs"), system integrators and network operators). The Board believes this pool of service providers represents an ideal opportunity for the sale of the Artilium platform, which integrates business applications with telecoms networks. * In addition, the Enlarged Group can generate revenues via the resale of wholesale voice minutes through these business applications. Once enabled with Artilium technology, businesses will be able to purchase blocks of voice minutes from the same company providing their email service and their broadband access. This bundling of solutions simplifies technology purchasing for businesses and gives Artilium a substantial new market to address. |
Posted at 14/12/2006 16:37 by 74graham very strange trading today lets see what fti bring us tomorrow a very large rise i suspect ex ceo trying too trash the share it wont work in the long term .very bright future here |
Posted at 14/12/2006 15:48 by realism 74graham, Which is a screaming buy? Pele, Leg or FTI? |
Posted at 30/7/2006 20:05 by realism I expected an update around these days. I would like to understand where FTI is. They have very promissing technology. Anybody knows the current status? |
Posted at 19/1/2006 15:49 by indian3 chaps, dotcom mania is back, and i don't mean private investors, institutions would have raised eyebrows 12 months ago at raising further money at ridiculous prices, but in a bull market fund managers are bigger fools than PIs. just look at all the money they have lost in the dotcom boom.If VoIP is really the buzz word that FTI management are talking about then i know where i'd rather put my money, in Newport Networks, they are in that field where price is at 12 month low and are about to complete a placing on 23 january for £15m, market cap of £11m before the placing plus products on the market not to forget big clients, plus the Welsh multi-millionaire on board. I believe sometime we PIs can do better than institutions. |
Posted at 16/1/2006 02:59 by plainz FTI has value 9 times that of SCOOT!!!!!!!!!!!!!!! |
Posted at 13/12/2005 20:11 by dilcraper FTI-Market cap is about 50million and they have 8 million of cash.They are looking for a reverse deal. Then you have Vossnet (VOS) who are also a cash shell looking for a reverse deal. VOS has a market cap of 9million and only has about 100,000 of cash. Meanwhile Harrier(HRR) has a market cap of 4.4million and has 4.4 million of cash. HRR have Bob Morton with 29.9% of the shares. A reverse deal is also on the cards soon. I would rather buy HRR at current levels. How FTI can command such a valuation is very strange. |
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