Fd Technologies Public Share Discussion Threads

[mach100] 24/5/2018 09:35

Can we break through 4300p? If not we will tread around the range of 4100p to 4300p as we wait for direction. Important resistance in my opinion.

[flybyknight] 23/5/2018 12:50

We think more ( minor impac t) news to come in next 8 weeks.

Top up at ~38 looks like a good decision. Quick return of ~5% + potential divi if wanted. Holding on to 4800 and enter at below 4050 if possible.

Staffing is biggest issue with this in our estimation. We expect to see movement on this sooner rather than laterm.

All good. Safe investment.

[sogoesit] 23/5/2018 12:23

Berenberg raises TP from 4200 to 4300 today.

[mach100] 23/5/2018 11:34

Brave prediction but you have been on the money all the time here Moorsie. Certainly hasn;t retraced as much as I expected. I have been accumulating at 3750 to 3900p recently as I feel 4300p is certainly possible. It is a good indicator that even though news is out there now that the price continues to hold up.

[moorsie2] 23/5/2018 09:14

The market is struggling to hold the price at this level. Expect a kick on to 4300-4400 within hours..

[moorsie2] 22/5/2018 15:45

Another strong end to the day here. A classic sign of MMs short of stock and needing stock to fill orders.

Expect it to finish the week on Friday above 4500

[moorsie2] 22/5/2018 13:03

Walbrock - your analysis is good but fails to take into consideration the acquiring of Kx in circa 2104

This was hugely transformational for the valuation as up to that point the company was simply (though very successfully) a consulting company with a license to use and sell Kx product.

The combining of this technology with a scale company of consultants to sell and install it has created a very new valuation. Success at this level brings it onto the big table of successfully deployed IT world leading technologies.

I have held since 2005 and am still not selling a single share :)

[walbrock82] 22/5/2018 12:27

1). Long-term shareholders in First Derivative will know the company made them lots of money. Since 2010, the share price rose by 2,000%.
2). But, has the shares risen too far? Has the company fundament caught up to valuation? Is FD likely to face a correction? For more analysis,

[moorsie2] 22/5/2018 10:40

Hence why I cannot see this company staying independent

Market size huge,, technology world leading ..... Cash rich technology companies looking for the next angle and breakthrough of growth and uniqueness

[johnroger] 22/5/2018 10:08

Stand out paragraph for me

"The market opportunity for our platform and applications is enormous. During the year, working with industry analysts Gartner, we assessed its value, based on annual licenses alone, at least $63 billion in 2018 rising to $83 billion in 2020. The market for professional services associated with these licenses was estimated at a further $23bn for 2018"

[algo1] 22/5/2018 08:18

Further progress and increased div. Nice.we can debate the financials but this one IMO is all about the day when a FIS or Google or Masayoshi Son come knocking on the front door. That's when the real money will be made.The tech is solid and all FD have to do is keep calm and carry on.

[sogoesit] 22/5/2018 08:10

A bit like Fidessa then (one I missed!).

[moorsie2] 22/5/2018 07:33

In a recent interview, Mark Costar Fund manager of JO Hambro CM had the following to say about Kx Systems - a division of First Derivatives plc
“First Derivatives, via its Kx technology, has been investing consistently in R&D, in people and systems…And that has left it with the most competitive, most powerful and most interoperable, scalable database solution in the market, even more powerful than Oracle and Amazon


Pretty amazing statement!


This guy would have his facts right so it is impossible to see FDP staying independent over the next two years as this technology gets folded into a huge tech firm with a mega bid..

[sogoesit] 22/5/2018 07:21

Looks encouraging, solid as you say moorsie, but maybe has to move into the current valuation. Martech and "Other Markets" producing high growth compared to FinTech.
Let's see how the new clients and business in the pipeline generate profits (revenue was up 22% but so were costs).
Good luck.

[moorsie2] 22/5/2018 06:55

solid set of numbers and with none of the revenue from the major new deals in it based on the commentary...

Very happy with this update

[sogoesit] 21/5/2018 19:27

The free float is about 61%.
I think moorsie is right that the stock is “tightly held” with five principal shareholders owning over 50% of the stock.
The price action also bears this out ( abrupt changes in price on little relative volume) ... much like PPH.
It’s usually when major shareholders are induced to sell to “satisfy market demand” for stock that “traders”; begin to overly influence the price and trade takes place less on fundamentals and more “noisy”.
Anyway that’s my experience with the likes of BOO and FEVR recently.

[mach100] 21/5/2018 18:13

Very strong into the close! It would be great to hit new highs after results which I expect to be very good. The sell on the news brigade are the ones to watch. Moorsie is right though that trying to trade FDP is very trappy!

[mach100] 21/5/2018 13:55

I don;t think I would trade it myself Moorsie but if this positioning before results holds up I suspect even stellar results will be met with sellers as people lock in profits.

[moorsie2] 21/5/2018 12:29

last 3 hours of trading before results... interesting to see if this brings any volumes

[moorsie2] 21/5/2018 11:47

Mach100 there are very few traders on this stock as the number of shares in issue are low and the spreadbetting and CFD companies do not have large positions on it.

Most holders know the inherent value and are not short term holders

[mach100] 21/5/2018 11:42

FDP certainly looking chirpy now. I do expect a wave of selling when the update comes as investors look to lock in profits. It would be a pity of course if investors don't see through the numbers to see what the prospects are here but considering how long we were hovering under 3800p it must be a no brainer for some to exit at 4200p. Still a committed holder myself and although i should proably sell some into strength I think I will hold as the share has served me well.

[moorsie2] 21/5/2018 08:55

I am expecting a strong update.

Profits to be only marginally ahead of forecast due to an even heavier than expected investment in people and technology for future growth.

The updates on sales progress in new vertical markets with Kx is the key thing I will be looking for

[johnroger] 21/5/2018 08:28

Strong rise this morning,results anticipated to be good

[sogoesit] 18/5/2018 18:33

Chartwise the break-out confirmed.
Should get to the 4400's in due course.

[moorsie2] 18/5/2018 09:08

42,000 shares easily moped up at 3850 this morning. This provides MMs with the stock needed as demand moves in now with results on Tuesday. I expect this to move sharply. Significant difference expected between closing price on yesterday and closing price next Thursday..