Fairfx Share Discussion Threads

[tomg23] 06/3/2019 23:14

https://www.proactiveinvestors.co.uk/companies/stocktube/12486/fairfx-ceo-ian-strafford-taylor-updates-on-supply-c

[epicsurf] 06/3/2019 21:22

Can't post link

[epicsurf] 06/3/2019 21:19

Nice interview on proactive investors
FairFX CEO Ian Strafford-Taylor updates on supply chain streamlining
[...]

[mcljeremy] 06/3/2019 19:24

Difficult to tell whether FFX will be damaged by product association with Revolut, or benefit from differentiation through strong, stable management with a solid business plan.

[rampmeister] 06/3/2019 11:11

Does anyone know where Revolut is listed or maybe they are not a plc. Found below from Draper interims

In May, we invested GBP7.4 million in the latest Series C funding round for Revolut, the London headquartered fintech company, taking their total funds raised to $340.0 million since their launch in 2015, making them one of the fastest growing tech companies in Europe. With over 250,000 daily active users and, a target of 100.0 million customers in the next five years, the business is at the forefront of app-only digital banking.

RM

[petewy] 06/3/2019 10:34

They are not FFX?
Revolut Vs FairFx which should I go for ?
hxxps://www.thedibb.co.uk/forums/archive/index.php/t-1006921.html

[alan@bj] 06/3/2019 07:33

Metropolitan Police now investigating Revolut after a customer complained that a £70,000 payment was not credited to their account.

[11_percent] 05/3/2019 18:12

bamboo, will have a look.

[tomg23] 05/3/2019 15:06

Where have all the sellers gone. Funny how sentiment changes all of a sudden. Was way overdone. People now kicking themselves selling at the lows and rushing to buy back in

[bamboo2] 05/3/2019 14:09

11%, If you look into the Bulkowski section on Head and Shoulders, you will see that the prior chart pattern was a confirmed Head and Shoulders with a tp approx 87.

The H&S tp and potential apex based turn in the trend both occurred on the same day, 1/3/2019.

New chart pattern and tp to follow eod.

[11_percent] 05/3/2019 13:57

So.....what was all that about...…̷0;……...looks like someone was doing a share shuffle down at 90p...……………;…….and I hope now over...

PS, and whoever it was has just made an easy 10% for nothing.

[mcljeremy] 05/3/2019 10:06

I think if we can sustain a break above 95-97p then we could move back to the pre-January trading announcement level of 120p, especially if Brexit finally gets resolved.

[its the oxman] 05/3/2019 09:46

Could even happen today , just gone 97p bid.

[its the oxman] 05/3/2019 09:45

Be nice to climb back over 100p

[glaws2] 05/3/2019 06:51

From the Times - Shares in Fairfx Group (FFX) rose by more than 4% per cent yesterday after it said that it had renegotiated terms with some of its supply chain partners. In an update, the company said its plan, announced in January, to rationalise its supply chain and improve margins in its corporate card division was ahead of schedule and that it would benefit from a “greater share of revenues” in future. Last month, the Bank of England granted it access to settlement accounts, allowing it to process payments for customers using apps in real time. It is only the fourth non-bank to win access. Ian Strafford-Taylor, 58, its chief executive, said: “An integral part of our strategy has long been to enhance our supply chain, both in terms of internalising processes where appropriate to increase share of revenues and securing better commercial terms to reduce our costs, the benefits of which improve as the business scales.”

[mcljeremy] 04/3/2019 20:48

Yes a nice article in the Telegraph highlighting the differences between the two companies would be perfect

[11_percent] 04/3/2019 17:40

Indeed....and Revolut's problems could be good for us.

[mcljeremy] 04/3/2019 17:11

The contrast with Revolut couldn't be greater and will hopefully show through in the share price soon. FFX is clearly well managed with a proper business plan and a strong and stable management team.

[bamboo2] 04/3/2019 17:05

This mornings Breakaway gap up, 92-93, is the new support zone.
Eod close above 96.8 is next objective.

[rathean] 04/3/2019 14:13

Bid at 95 now, advfn share price markers behind the curve... another penny or two and the chart suggests a more prominent rise. A finish circa 95 mid price and it's anyone's guess imo dyor ofc.

[epicsurf] 04/3/2019 07:48

FairFX set for more revenue as supply chain streamlining completes ahead of schedule

Share 

07:23 04 Mar 2019

The firm said as a result of “better financial terms” secured with its existing suppliers, it would benefit from “a greater share of revenues” going forward

FairFX had been looking to remove a layer of its supply chain as well as improve margins in its corporate card division

FairFX Group Plc (LON:FFX) is in line for a larger slice of revenues after a rationalisation of its supply chain was completed ahead of schedule.

The e-banking and international payments firm said as a result of “better financial terms” secured with its existing suppliers, it would benefit from “a greater share of revenues” going forward.

[11_percent] 01/3/2019 22:47

bamboo, cheers.

Have started on "Getting started on chart patterns" which you suggested.

[discodave4] 01/3/2019 19:05

Thanks bamboo.