F.T.S.-Formula Share Discussion Threads

[pre] 30/12/2010 10:04

tara7...has this gone ex div yet or is it likely co will be paying dividend?? tia

[moreforus] 30/12/2010 09:56

only 2 mms and limited liquidity means a few sell sor buys can have a large impact on the share price ..

[oilbagger] 30/12/2010 09:52

Looking briefly at this share for recovery potential; I thought the confirmed sale would have been good news.
why the sharp drop today?

[tara7] 30/12/2010 09:45

Well, now worth 20% less than cash.

Me thinks buyers will show up at this level, and the buyer might well be me if it stays low as cash comes free.

[daicaprice] 30/12/2010 09:41

Well I have to say I didn't expect to be 20% down on my purchase price of 23.25p yesterday morning!!

DC

[moreforus] 30/12/2010 09:14

lol thats taken a bit of a kicking...

[encarter] 30/12/2010 09:13

Yikes! bombing now. Hope it's just post Christmas blues and nothing more serious.

[encarter] 30/12/2010 08:53

It seems not. A quiet time of the year but once we have news of any divi the buyers will come.

[moreforus] 30/12/2010 07:45

will there be buyers today (-;

[tara7] 29/12/2010 20:43

FTS had bags of cash so paid out a huge 30% divi, now they have just been handed another £8-9M that they can hand back to shareholders .

They own most of the stock so, the divi goes to them.!!

[waleriuszwatrobka] 29/12/2010 20:40

...I see some of you expect special dividend to be paid, fair enough after such a positive asset's disposal, but then anybody knows what was the reason for dividend being paid last year, when company, as it looks from their financial reports hasn't done particularly good, but yet was in a position to pay 8p per share, tia ?!

[5pongebob] 29/12/2010 20:10

IDMFTS

RNS Number : 6843Y

F.T.S-Formula Telecom Solutions Ltd

29 December 2010

FOR IMMEDIATE RELEASE

FTS Completes its Sale of its North American business to PAETEC FAIRPORT, N.Y. and Herzliya, Israel | December 28, 2010 | PAETEC Holding Corp. (NASDAQ GS: PAET), a FORTUNE 1000 company, and FTS Ltd. (LSE: FTS) a global provider of billing, customer care and policy control solutions for communications and content service providers, announced the completion of the sale of assets and certain liabilities of Formula Telecom Solutions, Inc., a wholly-owned subsidiary of FTS, to PAETEC Software Corp, which was originally announced on December 10th, 2010.

The acquisition includes the Leap RevChain billing system which PAETEC has been using to deliver its invoices to customers for over 12 years. PAETEC announced that the Leap RevChain product will be renamed, "RevChain" and will become part of the newly formed RevChain Solutions division of PAETEC Software Corp.

"We are thrilled to have Shaul Ganel and his team launch RevChain Solutions today as a division of PAETEC Software," said Robert Moore, PAETEC executive vice president and CIO. "RevChain is one of the strongest telecom and B2B billing solutions available today. We plan on not only accelerating its innovation and development as part of PAETEC Software, but will maintain RevChain's well-deserved reputation for world-class customer service."

"PAETEC will benefit from both a powerful billing platform and a great team," said Amos Sivan, FTS' CEO. "We are proud of the work we have done at FTS Inc., and we will now continue our focus on delivering innovative and flexible billing and policy control solutions."

FTS will continue to offer solutions that will assist leading carriers to increase both revenues and customer satisfaction, as well as use their BSS as an enabler to drive the creation of new products and services.

###

About PAETEC

PAETEC (NASDAQ: PAET) is personalizing business communications for medium and large businesses, enterprise organizations and institutions across the United States. We offer a comprehensive suite of IP, voice, data, and Internet services, as well as enterprise communications management software, network security solutions, CPE, and managed services. For more information, visit www.paetec.comwww.paetec.com or www.revchain.com.

About FTS

FTS (LSE: FTS) is a leading provider of billing, customer care and policy control solutions for communications and content service providers. By analyzing events from a business standpoint rather than just billing them, FTS allows providers to better understand their customer base and leverage business value from every event and interaction. FTS deploys its full range of end-to-end, stand-alone and add-on solutions to customers in over 40 countries and implements solutions in wireless, wireline, cable, content and broadband markets including multiple cross-network installations. Serving the evolving needs of telecommunications providers, the company's operations comprise international R&D locations and strategically-located sales support offices worldwide. Further information is available at www.fts-soft.com.

For further information please contact:


PAETEC Media Contact PAETEC Investor Contact FTS Media Contact
Chris Muller Pete Connoy Moshe Peterfreund
[phone] [phone] [phone]
[e-mail] [e-mail] [e-mail]
Joshua PR for FTS Seymour Pierce Limited
Patrick Smith Mark Percy
[phone] [phone]
[e-mail] [e-mail]


This information is provided by RNS

The company news service from the London Stock Exchange

END

DISTLBFTMBITBTM

[5pongebob] 29/12/2010 20:07

For anyone not seen this yet.......lets hope this is an interesting day tomorrow.................

IDMFTS

RNS Number : 6843Y

F.T.S-Formula Telecom Solutions Ltd

29 December 2010

FOR IMMEDIATE RELEASE

FTS Completes its Sale of its North American business to PAETEC FAIRPORT, N.Y. and Herzliya, Israel | December 28, 2010 | PAETEC Holding Corp. (NASDAQ GS: PAET), a FORTUNE 1000 company, and FTS Ltd. (LSE: FTS) a global provider of billing, customer care and policy control solutions for communications and content service providers, announced the completion of the sale of assets and certain liabilities of Formula Telecom Solutions, Inc., a wholly-owned subsidiary of FTS, to PAETEC Software Corp, which was originally announced on December 10th, 2010.

The acquisition includes the Leap RevChain billing system which PAETEC has been using to deliver its invoices to customers for over 12 years. PAETEC announced that the Leap RevChain product will be renamed, "RevChain" and will become part of the newly formed RevChain Solutions division of PAETEC Software Corp.

"We are thrilled to have Shaul Ganel and his team launch RevChain Solutions today as a division of PAETEC Software," said Robert Moore, PAETEC executive vice president and CIO. "RevChain is one of the strongest telecom and B2B billing solutions available today. We plan on not only accelerating its innovation and development as part of PAETEC Software, but will maintain RevChain's well-deserved reputation for world-class customer service."

"PAETEC will benefit from both a powerful billing platform and a great team," said Amos Sivan, FTS' CEO. "We are proud of the work we have done at FTS Inc., and we will now continue our focus on delivering innovative and flexible billing and policy control solutions."

FTS will continue to offer solutions that will assist leading carriers to increase both revenues and customer satisfaction, as well as use their BSS as an enabler to drive the creation of new products and services.

###

About PAETEC

PAETEC (NASDAQ: PAET) is personalizing business communications for medium and large businesses, enterprise organizations and institutions across the United States. We offer a comprehensive suite of IP, voice, data, and Internet services, as well as enterprise communications management software, network security solutions, CPE, and managed services. For more information, visit www.paetec.comwww.paetec.com or www.revchain.com.

About FTS

FTS (LSE: FTS) is a leading provider of billing, customer care and policy control solutions for communications and content service providers. By analyzing events from a business standpoint rather than just billing them, FTS allows providers to better understand their customer base and leverage business value from every event and interaction. FTS deploys its full range of end-to-end, stand-alone and add-on solutions to customers in over 40 countries and implements solutions in wireless, wireline, cable, content and broadband markets including multiple cross-network installations. Serving the evolving needs of telecommunications providers, the company's operations comprise international R&D locations and strategically-located sales support offices worldwide. Further information is available at www.fts-soft.com.

For further information please contact:


PAETEC Media Contact PAETEC Investor Contact FTS Media Contact
Chris Muller Pete Connoy Moshe Peterfreund
[phone] [phone] [phone]
[e-mail] [e-mail] [e-mail]
Joshua PR for FTS Seymour Pierce Limited
Patrick Smith Mark Percy
[phone] [phone]
[e-mail] [e-mail]


This information is provided by RNS

The company news service from the London Stock Exchange

END

DISTLBFTMBITBTM

[philjh] 29/12/2010 17:42

RNS confirming the disposal released at 16.44

[tara7] 29/12/2010 13:45

Well if they pay a divi = to the share price.!!!!!!!!!!!!!!!!!!!!

[n4ds] 29/12/2010 13:26

How high should this go tara

[tara7] 29/12/2010 13:24

Great news, so 100% cash in bank.!!!

[daicaprice] 29/12/2010 13:24

Good spot encarter, hope you don't mind but I shared it on the CR thread.

DC

[encarter] 29/12/2010 13:21

MMs have no stock, when they annouce it officially it should fly.

[moreforus] 29/12/2010 13:03

looks like its filtering out now

[encarter] 29/12/2010 12:59

News is filtering through now. The share price peaked at 37p when the news was first announced but drifted back on completion doubts. We should reach at least that now that it is complete, we just need the announcement.

[encarter] 29/12/2010 12:38

Yes it's nice to get in before the crowd.

[daicaprice] 29/12/2010 12:04

Just picked up 7k odd but not showing, been watching for a while but looks interesting when the RNS is released.

DC

[encarter] 29/12/2010 11:53

So they have £10m cash and 2/3 of the business left and market cap is only £8m?