Fd Technologies Public Share Discussion Threads

[moorsie2] 03/8/2018 15:43

No specific knowledge.

I have predicted offers before and got it wrong.

But the tidy up of Kx makes it a cleaner buy. Also the recent strategic deal with CGI gives them a good look inside without triggering any process. They are stated openly as acquisitive with 1.5bn dollar cash available and more can be drawn down if needed ( slides on their website). FDP will only continue to become more expensive. But a 60-65 pound per share offer would test the resolve of the board.

[algo1] 03/8/2018 15:27

MoorsieWhat makes you think this now? You've a great track record in anticipating events. Why this post now? What info do you have or is this an educated guess?I hope you're correct though, would close everything out nicely.

[moorsie2] 03/8/2018 15:06

I would expect an offer to be made before the end of this calendar year for the company.

Lots of potential interested parties. But it would need to be at a sufficient premium to get board approval and lock in of senior key people to ensure no leakage of talent and intellectual capital.

CGI are an interesting potential suitor to watch. Stated desire to build and buy their growth plans

[swiss paul] 31/7/2018 19:41

Good find Moorsie - well impressed

[moorsie2] 31/7/2018 08:49

Following win has not been released as a market update. But it is very significant as you can read below...





Kx selected by BroadBridge Networks to power its cybersecurity platform

31 Jul 2018 | Broadbridge Networks, cybersecurity, Kx Technology, network telemetry, Streaming Analytics

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London, UK (31 July 2018) Kx, a division of First Derivatives, announces today that its Kx technology has been selected by BroadBridge Networks to power its cybersecurity platform. The partnership provides access to the Kx technology stack, enabling BroadBridge Networks to provide streaming analytics on network telemetry at previously unachievable scale and cost.

BroadBridge Networks, based in Silicon Valley, provides a security platform which analyzes network telemetry, leveraging artificial intelligence and machine learning to provide human-centric data visualizations and security policy automation, allowing enterprises to fully secure their networks at scale, with a price point that doesn’t push feasibility beyond reach. BroadBridge Networks’ solution uses an intent-based networking approach that enables organizations to secure their entire network and have full visibility of communication between all of their assets.

Kx technology is optimized to analyze time-series data in real time, and is built upon kdb+, the world’s fastest time series database. This enables BroadBridge Networks Marathon and Centry products to store and analyze network telemetry (i.e., flows, packets, and logs) at network speed, allowing security and IT personnel to have full visibility, analyze all traffic and leverage security policy automation, in a single affordable and scalable platform.

The combination of Kx’s technology and BroadBridge Networks’ cybersecurity expertise provides a unique advantage by significantly increasing the speed and performance of data analysis and the ability to provide real time actionable recommendations and automation.

Kelvin R Franklin, CEO, BroadBridge Networks: “At BroadBridge, we saw the significant need for a more mature, easily accessible, and streamlined analytics platform in the cybersecurity market, which is precisely why we have chosen to partner with Kx. Because Kx technology is scalable, simple and fast, it is the perfect fit for our forward-thinking solution.”

Brian Conlon, CEO, Kx: “We are delighted that BroadBridge Networks has chosen Kx to power its disruptive network security platform. This agreement further demonstrates how Kx technology continues to be a key enabler of disruption across many industries.”

[moorsie2] 25/7/2018 16:35

big 28,000 share sell held the price down all day.

The question will be is there more such big sells depressing the share price as a share hangover or if that is cleared now...

[malcontent] 24/7/2018 18:19

I think some of those short might have closed today - strong bounce off the 200day MA

[sspurt] 24/7/2018 10:25

Worth a look as presented by the Kx Head of Products and has a few useful snippets re FDP

[swiss paul] 23/7/2018 15:04

so there could be some under the radar
A private share notification must be made when the net short position in shares reaches 0.2% of the issued share capital of the company concerned, and again at each 0.1% increment after that

[moorsie2] 23/7/2018 13:04

Swiss paul - 1.8% of the shares are being held as short positions.

[moorsie2] 23/7/2018 13:03

To be behind year to date after almost 7 months is not something the share has done in many years... would be expecting the floor to be somewhere close to here

[malcontent] 23/7/2018 12:28

next move will be interesting
the share price is testing the 200 day MA now- FDP hasn't traded beneath the 220 dayMA since 2014, if I'm not mistaken

[swiss paul] 23/7/2018 12:27

1.8% of what your aware fella

[moorsie2] 23/7/2018 09:25

shorts are only at 1.8% at the moment of issued stock. This is going through a usual pattern of dropping between announcements and results.

Nothing of concern in terms of inherent valuation.

[swiss paul] 21/7/2018 19:09

Shorts seem to be gaining momntum at the moment

[moorsie2] 16/7/2018 09:45

Thank you for the link.

It shows a short position of 1.77% of the issued stock which is a very low position compared to other companies and considering the institutional investors on board above the 3% declared threshold on the other side of the bet to over 30% of issued shares.

Not concerned

[skatersav] 16/7/2018 09:28

Shorttracker.co.uk

Just because you don’t like it, doesn’t make it fake news... good luck with your investment.

[moorsie2] 16/7/2018 09:20

By the way Skatesav - you never have backed up your previous post here about a "TT International" disclosing its short position on FDP. I can find no such information

Back up your statements of fact or please do not add fake news to this thread.

[moorsie2] 16/7/2018 09:17

Skatersav - you are analysing it incorrectly

The key value on FDP being sold is the deployment of the Kx technology to another company with the potential to exploit it to a much larger extent due to their bigger presence in vertical markets that FDP and Kx and not significantly in as of yet.

By your analysis it is impossible to explain the market cap of Ocado or ASOS in the Uk or them being taken out by another player who can exploit their platforms to a larger extent...

[skatersav] 16/7/2018 08:19

Moorsie... you are talking about them paying 130 to 200x forward earnings for another (largely) services company. That would be insane. It would knock the same mount of their market cap overnight.

[moorsie2] 16/7/2018 07:32

CGI Technology (their stated partner in this deal) is a 14bn pound market cap consultancy company based in Canada.

A takeout by these guys of FDP would create huge new value - FDP are much stronger on Financial vertical mkt while CGI are very strong in all other target Vertical markets identified by Kx and FDP. Also CGI have tremendous global coverage.

It would not be unrealistic to see a company like CGI make a bid for FDP as the consultancy, market presence and crucially IT products would open up whole new revenues for them helping to accelerate growth. This could value FDP between 2 and 3 bn and still affordable for a 14bn company.

Very interesting...

[moorsie2] 16/7/2018 07:11

Important strategic deal announced this morning.

Kx Sensors used as a energy market solution in Finland. More importantly it looks like the model for all EU countries to follow to implement a 2020 EU Directive .

It is very impressive how Kx is now being marketed and sold for other vertical markets rather than just finance

[ds8095] 02/7/2018 12:07

This is just bringing forward the payment of a cash flow that they were already legally obligated to pay. It has no impact on their P&L because they were already fully consolidating the subsidiary. It's just cash out earlier than had previously been anticipated. It cleans up the accounts, which were complicated by the non-controlling interests and the put option, and it means they don't have to pay out the dividend to the minorities each year, but they have to spend near $60m for the pleasure.

[hazl] 02/7/2018 07:38

thank you moorsie

[moorsie2] 02/7/2018 07:36

This news will drive the share price to 55 within weeks