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FTI Future Internet

298.50
0.00 (0.00%)
23 Apr 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Future Internet LSE:FTI London Ordinary Share GB00B1L7NQ3 ORD 5P
  Price Change % Change Share Price Shares Traded Last Trade
  0.00 0.00% 298.50 0.00 01:00:00
Bid Price Offer Price High Price Low Price Open Price
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
  -
Last Trade Time Trade Type Trade Size Trade Price Currency
- O 0 298.50 GBX

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Future Internet (FTI) Top Chat Posts

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 Internet

PM: 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 01/3/2007 22:24 by guru11
Capitalised at £83m now ?
On what pe ratio ?
Is there a lot in the price now ?
Posted at 15/2/2007 13:52 by km11
Thanks for the reply but what caused the share collape?
I understand the consolidation, but based on the share price of mid last year, it should have traded at around £2-ish post consolidation.
Posted at 10/2/2007 13:26 by realism
The company said it continues to see 'encouraging' performance from its core business at Artilium.

It also said it is in talks that it is confident will provide an entry the North American market during the first half of 2007.

They have consolidated each five shares of 1 pence each into one share
of 5 pence each, the ordinary shares now have a par value of 5 pence.
Posted at 09/2/2007 16:39 by km11
Just returned to this stock.
Have been a holder for a while, about 6 months ago this was valued at around 50p per share. Since then there must have been a consolidation and a major price collaspe. Can anybody briefly tell me what has happened during the last six or so months. Thanks,
Posted at 11/1/2007 08:57 by realism
They have consolidated each five shares of 1 pence each into one share
of 5 pence each, the ordinary shares now have a par value of 5 pence.
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
Future Internet share price data is direct from the London Stock Exchange

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