Fastforward Innovations Share Discussion Threads

[dillondon1] 06/7/2021 14:11

News is stacked from multiple PF parts. Will be a thing of wonder when significant news does drop.does not appear to be much In the way of stock available at this price if a few punters wanted to buy a couple of hundred thousand at the same time. Interesting from here

[888icb] 06/7/2021 13:35

Volume has just exceeded 200000 from 13 trades all showing as buys.Let’s hope for more volume this afternoon.

[mellonsbellend] 06/7/2021 13:31

Most long term holders are just waiting for Leap. The only thing that will move the share price any decent amount right now. Before it becomes a cannabis fund with no assets that have the possibility of a sudden increase in assets as most will be listed and the others updated more often. A slow / steady burn from that point. Some seem very optimistic in their valuation of Leap and many long term holders will be out after Leaps value is realised.

[jaylett] 06/7/2021 12:58

Ultimately if discount to NAV becomes too great and sustains at that level for a significant period of time, the Board become accountable to shareholders to either provide a means to close the discount (buybacks, increased promotion to drive volume) or to return cash to shareholders via asset sales and a special div.

For now, I'm happy holding what are vastly undervalued shares, safe in the knowledge that if FFWD keep doing the right things eventually value will out (most likely via a big news catalyst). There's clearly a material amount of upside here.

[dave4545] 06/7/2021 12:44

Bidding mid price online now very strong indeed.

8.25-8.444 best

[bagpuss lives] 06/7/2021 12:33

Their are more tradeable investments currently which allows for a slightly more accurate calculation to be put together for the Companies current NAV. Their are then two arguments if you think it is undervalued :
1) Keep quite and accumulate further while you can hope the company keeps quite while you do it or
2) Hope for update from the firm to highlight the underperformance and quicken the rerating.

Obviously this relies on any valuation you come up with being correct and whether or not you are already fully invested.

You pays your money and takes your choice

[888icb] 06/7/2021 12:13

After all the recent good news finally a small tick up of 1.2% on very low volume of 177000. It must be frustrating for the board doing all these deals but as Ed mentioned in his last interview their is still a large disconnect between NAV and share price
What’s not to like about a 40% discount?

[dave4545] 06/7/2021 09:25

Online is good 7.8-8.5p

8.025-8.4p so offer is nudging towards full price so it might go blue providing no more stale selling surfaces

[dave4545] 06/7/2021 08:47

I know cannabis stocks are no longer in a bubble but it still seems a little unfair that FFWD is struggling so much but mm's no longer need to up prices that often in this market because of the strong flow of 2 way trade, for every new buyer in a stock there seems to be somebody else giving up on it but getting out of the market not just ffwd.

Or everybody wants Leap news. Even if they got £7 mil for their stake that would do me then they can move on, have to hope for a premium but after Emmac it's best to be cautious as well.

[888icb] 06/7/2021 08:23

The news flow continues with another investment announced this morning. Just a £175000 CLN but looks a good opportunity to get into an established business pre a reverse takeover. It should produce a good return in a relatively short timeframe. Further evidence that FFWD can access the deals that are not available to PI’s. Another good days work.

[bagpuss lives] 05/7/2021 09:21

This seems much more of an "investment" than some of the others of late which were more plays on the IPO market. This looks to be much more like the Aphria/EMMAC type of investment and also of late Little Green Pharma.

Probably need to get to a corporate update or accounts summary to allow a full view of where the current portfolio and cash position is although if you have time to go through the recent announcements you can make a reasonable of where it all sits.

[jmid1000] 05/7/2021 07:51

Great rns, 3 mil Invested

[888icb] 02/7/2021 09:32

An interesting tweet this morning:
In April 2021,
@edmcdermott12
said “£30m mkt cap (13.3p) wasn’t a fair reflection of the assets we have”. To be fair we would all have to agree the nav has moved on a couple of pennies since then. Therefore even dealing with a slight discount on nav, 14p looks cheap! $ffwd #ffwd

It seems fair comment to me and another tweet has listed what’s coming
FFWD upcoming Q3
SWB IPO
Northern Leaf IPO
JUV close series C/IPO
Yooma UK listing
LGP UK listing
Leap liquidity event
New investments
Factom/inveniam update

It’s about time this started moving north again on the constant stream of good news.

[888icb] 01/7/2021 18:15

Common MM ploy to pull it down from 8.1 which is the mid price to 8.0 using the uncrossing trade. Should move back to 8.1 in the morning then on the back of the constant flow of good news we can continue to move higher.

[dave4545] 01/7/2021 16:27

Full 8.4p offer to buy now online so cleared a overhang but they can return fast in this market so not getting carried away

[dave4545] 01/7/2021 16:04

Tempting fate but online offer up to 8.196p so almost full offer

So might be ready for another run

[dillondon1] 01/7/2021 10:19

Jmid or anyone else do they share the same email & phone number?

[jmid1000] 01/7/2021 09:27

Post on lse

[jmid1000] 01/7/2021 09:25

Sorry I miss read someone's post

[dillondon1] 01/7/2021 09:00

The same email address & phone number?

[jmid1000] 01/7/2021 08:48

Not sure why they have to share the same email address and telephone number as well though

[monkeymonkey] 01/7/2021 08:37

sure it was office sharing, think its well over a year now if not longer, but it does make sense doing this.

[jmid1000] 01/7/2021 08:20

Yeah, But the chance of one of those 21 companies being IMG arena

[mellonsbellend] 01/7/2021 08:10

This one too. Lol.

TASTE OF CHRISTMAS LIMITED is a Private Limited Company incorporated on the 12/06/2008 and has the Company Number: 06618343. The company's Country of Origin is: United Kingdom
Company Address
BUILDING 6 CHISWICK PARK
566 CHISWICK HIGH ROAD
LONDON
UNITED KINGDOM
W4 5HR