14 Nov
FD Technologies (AIM: FDP.L, Euronext Growth: FDP.I) announces that the Company has been notified by CFO Ryan Preston that on 13 November 2023 he purchased 2,786 ordinary shares of 0.005p each in the Company at an average price of 922p per share.
16 Nov
FD Technologies (AIM: FDP.L, Euronext Growth: FDP.I) announces that the Company has been notified by CEO Seamus Keating that on 15 November 2023 he purchased 10,500 ordinary shares of 0.005p each in the Company at a price of 926p per share. |
a delegation of 50 US business people including representatives from meta, google, microsoft visited FD HQ in Newry on Tuesday as part of a tour looking for potential investment opportunities in NI. Is there any chance anything will come of it?
hxxps://www.belfasttelegraph.co.uk/business/technology/warm-welcome-for-joe-kennedy-iiis-business-delegation-on-first-day-of-northern-ireland-visit/a691776188.html
hxxps://www.belfasttelegraph.co.uk/business/technology/tech-giants-meta-google-and-microsoft-to-join-joe-kennedys-northern-ireland-investment-tour/a2026437319.html
The group, including people from financial services, green tech, IT and cybersecurity, will visit Belfast as well as Newry to learn about opportunities along what’s known as “the Dublin-Belfast corridor”.
In a briefing ahead of the visit, Mr Kennedy said the region between the two cities was expected to become “one of the most significant economic corridors in Europe in the years ahead”. |
Interim Results 2023/24
hxxps://stream.brrmedia.co.uk/broadcast/651bdc4e86684bfe61813a27/6537f65d60419d1d649d1866
Current short 1.2%
will see if it changes later this week.
I leave you with this thought
we trained hard-but it seemed that every time we were beginning to form into teams, we would be reorganized. I was to learn later in life that we tend to meet any new situation by reorganizing; and what a wonderful method it can be for creating the illusion of progress while producing confusion, inefficiency and demoralization. |
2019 annual report: no mention of AI or vectors R&D 10.7m
2020 annual report: no mention of AI or vectors R&D 13m
2021 annual report: 1 mention of AI, no mention of vectors R&D 15.8, capitalised 13.3
2022 annual report: 1 mention of AI, no mention of vectors R&D 18.6, capitalised 16.1
2023 annual report: 16 mentions of AI, 1 mention of vectors R&D 23, capitalised 19
This year on track to spend 25m on R&D
KX revenues in 2019 were 90m
KX revenues this year are 72m
So to confirm, in the last 5 years FD have spent 106m on R&D, on a database that fits on a single floppy disk (not joking the executable is tiny) and managed to reduce revenue.
The product is 30 years old. Anyone who would need it (quants) knows about it. No one else needs it however much they pretend there are new markets to conquer. If they stopped all R&D, sales & marketing that's 40m per annum back in shareholders pockets. |
Goodbody quotes the company as hoping to almost triple revenues from Kx in the next 42 months, question is whether they have the funds to invest in the project to accommodate the growth, assuming it takes place? |
Yes indeed. Clowns. Bragging of hiring 300 when it was laying off and cutting back but no... mouth big. All hat and no cattle as they say |
Poor Mrs Conlon |
I no hopes for their new KX AI offering. EVERY database vendor is now claiming that they are a vector database so what makes KX so special? They are pumping millions into this. |
ghastly figures, have to read a lot of narrative before they're disclosed: the only decent part of this is Kx but that's not profitable for another 2 years at best. |
1x sales is pretty cheap for a business which is software (in part). Not getting involved, but seems bit extreme. I mean you could probably break the business up and see decent value. |
The algo's workig hard from what I can tell.. |
But you never know. |
Not now I don't think. |
Ouch poor s/hFalling knife - 500p today? |
clearly not as thick as the yanks then. |
The attempt to hoodwink shareholders with the false AI claims sure was a howl |
Ex growth then death? |
Don't you think the market would already know ?A blatant attempt to keep investors happy when holders exit |
someone offloading? Or do the shorters have the game |
I wonder if any of the below will put their hand in their pocket and pony up. It may encourage me
FD Technologies (AIM: FDP.L, Euronext Growth: FDP.I) announces that on 28 June 2023 the Company allotted 15,802 new ordinary shares of £0.005 each in the Company ("the Ordinary Shares") to Non-Executive Directors in line with the terms of their service contracts.
Non-Executive Chairman Donna Troy has been allotted 3,950 Ordinary Shares, Non-Executive Director Virginia Gambale has been allotted 2,963 Ordinary Shares, Non-Executive Director Ayman Sayed has been allotted 2,963 Ordinary Shares, Non-Executive Director Thomas Seifert has been allotted 2,963 Ordinary Shares and Non-Executive Director Usama Fayyad has been allotted 2,963 Ordinary Shares, each calculated using a share price of £16.88 in accordance with the terms of their engagement. |
Sometimes bad news is nice https://www.ft.com/content/e5d14398-e866-44b3-8ecb-4e6371167c6d#comments-anchor |
Octopus increases holding
Position of previous notification (if applicable) 10.280000
Resulting situation on the date on which threshold was crossed or reached
11.040000 |
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