Fairfx Share Discussion Threads

[wjccghcc] 26/4/2019 07:59

Tricky one. The big increase in capitalisation of R&D to 5.2mm actually means free cashflow is considerably below last year. Profits are now much more subjective than they were last year.

[rathean] 26/4/2019 07:39

Yep, margins turnover cash all improving at an impressive rate, and strategy statements very reassuring. On every measure a successful year. If I was a shorter I would, apart from crying a little, focus on the increased percentage of turnover from lower margin services but it's difficult to see that as a negative. All imo dyor ofc.

[petes5] 26/4/2019 07:16

A quick read, looks impressive but need to get my head around the cash position. Could take a few cups of coffee.

[nw99] 26/4/2019 07:11

Blow out numbers

[bamboo2] 25/4/2019 23:16

DD, my chart pointing to potential turns around 30/4/2019.

[discodave4] 25/4/2019 22:09

Results on a Friday?....or next week now.

[gerihatrick] 25/4/2019 14:02

maybe he is delaying things slightly so that he can announce at the same time the rolling out of the relationship of the NY Metropolitan Bank-it was predicted that it would have completed due diligence and roll out would be in Q1. Just my hopeful premise!

[johnv] 25/4/2019 12:50

Same here, now only 3% of my portfolio

[scooper72] 25/4/2019 09:09

Bought a few more on the hopefully short lived dip

[tomg23] 25/4/2019 08:31

Got to love panicking PIs selling first thing due to lack of results. MMs can smell the fear

[rathean] 25/4/2019 08:30

If you don't enjoy the waves of panic and excitement that come with trading you're in the wrong game... trick is not to act off the back of them. Plenty of stop-losses getting triggered, happy to hold for all the reasons previously discussed primarily exponential growth, US opportunities and a future buy - out target by a bigger player not wanting to reduce margins to compete imo dyor ofc.

[discodave4] 25/4/2019 08:29

All the best.

[bamboo2] 25/4/2019 08:20

Breakaway gap from 4/3/2019 is the likely target for shorts.
These news based gaps often form support zones.
Support zone measures 92-93

According to visible trades, this is now partially filled.

Started buying.

[lomax99] 25/4/2019 08:08

Like most companies, I do wish they would just publish trading statement dates in advance.

[discodave4] 25/4/2019 08:03

Reply to my email from Ian Stafford-Taylor (CEO) 12 days ago:?We don?t have an ?official? publication date - maybe we should do that next year.However, we are working to our normal timetable so results will likely be around 25thMany regardsIan?

[57eady eddie] 25/4/2019 07:44

That was my post, but i was basing that on a previous post which made reference to the CEO saying they were likely to be today. However, on reflection i think myself and others have taken this to be more definite than it sounded, so it might not be today but more 'around today'.

[podgyted] 25/4/2019 07:41

I can find no firm date - estimated today on Stocko.

[tomg23] 25/4/2019 07:31

CEO just said in or around 25th. Could even be next week

[tomg23] 25/4/2019 07:21

Who actually confirmed today was results day?

[gswredland] 25/4/2019 07:15

No rns on advfn
Anyone got results please?

[discodave4] 24/4/2019 21:10

No kidding! lol.Don't mind if short but do mind cheap deramps.Good luck holders for tomorrow, nice 5% (or more) beat and a positive update on US.DD

[discodave4] 24/4/2019 21:07

mammyWouldn't doubt it for a minute, as you are such an open poster then I guess you could point me in the right direction to your "just bought" posting on here, only I can't seem to find it.All the best

[57eady eddie] 24/4/2019 16:44

Thanks Rathean for your thoughts (say it how it is lol). This is a fairly decent discussion group and generally is free from random and unsubstantiated comments.
From my perspective, the profit figures are what they are but i don't think the market has priced in potential expansion in USA which we could really do with hearing about tomorrow. This is where we could get good upside. At the recent presentation FFX explained how they can enter the market at low cost and there is very little competition. Therefore imo this could be significant. Additionally, recent acquisition should start paying back and FFX has little/no debt which gives further scope

[rathean] 24/4/2019 16:26

He's a shorter, random negative comments earlier without substance. All eyes on the morrow.