Feedback Share Discussion Threads

[ged5] 18/11/2024 16:33

Well perhaps they will give him a bigger bonus after getting this fundraise done. What was it 55% discount to recent sp? Can't be bothered working out the discount to the last fund raise.

Technology is the way to go and I'm not thinking of Bleepa. Need to fly higher.

[ged5] 18/11/2024 12:26

I see they were pleased that the retail offer managed to raise £530K after hoping for £1m. Perhaps they thought retail had been duped enough and not expecting anything. OK for institutions it ain't their money to lose.

Is it too soon to write off the remaining shares I own after all TO is about to become a shareholder?

[yump] 07/11/2024 20:01

Was that re-election to organise the secret Santa ?

[digger2779] 07/11/2024 16:33

See Tom is up for re-election. Never guess what I voted.

[terminator101] 05/11/2024 13:35

Oh no gerbils. This debt ridden cashless lifestyle pish is down again huh

[yump] 05/11/2024 13:06

I thought about 12 months worth of working capital, but given the way revenue from the collaboration is likely to flow, not enough.

Saving grace might be if any sort of initial contract payment is likely to cover some costs before there’s a flow of patients that results in the per-patient payments.

Never know - perhaps a likely or guaranteed number of patients can be pre-paid from the funding.

I can’t believe that any business would enter into a committment without any guaranteed payment. FDBK isn’t a travelling salesman working purely on commission.

[yump] 05/11/2024 12:56

Strange person filtered.

[jamescopperking] 05/11/2024 11:02

What are the thoughts on the amount raised? Seems to cover 12 months cash burn?

Wouldn't Unicorn look for assurance before investing a further £900k that the the total amount raised would be sufficient to reach the revenue inflection point.

[lionel kipper] 05/11/2024 10:52

Is that even in English lool , sadly for you ,no one replies to you as you're insignificant to them , I reply as I feel your pain , do you need me to!

[yump] 05/11/2024 09:34

Perhaps TO has been told to put his money where his mouth is by some placees.

Perhaps we’ve under-estimated him. He came from the NHS, so he would know that however fantastic a product is, most people will be 10 years older or dead before there is any chance of large scale adoption in the NHS.

Knowing that, it would seem very wise to wait at least five years before buying shares.

I should have followed what I really knew already and not even put a small investment in.

Certainly wouldn’t now so I reckon his hand has been forced.

I hope that Wes Streeting can change the speed at which new tech. is adopted but don’t hold out much hope, given the trusts all work independently and the consultants are in charge, not the managers.

My wife used to return from work (as a clinician), regularly complaining about the farcical clinical meetings where every tiny decision, even about a new printer, had to have a controlling input from the most senior consultant in the room. Every attempt by managers to manage (eg fair consulting room use) was met with a requirement for a major discussion between clinicians because the managers “didn’t really understand clinical demands”. ie. the consultants could book rooms even if they had noone to see and then they were held, despite being empty, even if someone more junior needed them.

Its very clear who rules the roost.

[yump] 04/11/2024 20:12

Just think, if the shares were only 1p you could buy loads more and the idea of them getting to £1 would be even more inspiring.

[orange1] 04/11/2024 16:57

Good news! Tom has subscribed for £ 10000's worth of shares in the placing.

[ged5] 04/11/2024 16:28

That was for 2022-23. Basic was to go up for 2023-24.

But even out of 210,000+ he can manage £10000 in the fundraise. Must be very confident about his own BS.

Octopus and Unicorn must believe the story.

[jamescopperking] 04/11/2024 16:18

Positive to see the major shareholders backing the placing. Unicorn added 4.5m.

I'm in

[yump] 04/11/2024 15:26

The salary isn’t that high really - its all the BS and waffle reporting that takes the biscuit. Never been any details on how many trusts have been approached, what the pipeline looks like - qualified leads etc or whether NHS silos and budgets have caused the lack of traction, or whether trusts have no incentive to implement, or whether every NHS decision involves so many people that nothing can get going, or whether all the consultants want to do their own thing etc etc.

But what CEO really ever admits difficulties, other than saying its challenging.

TO never even said that.

We’ve paid him just to talk and visit conferences by the look of it. With no personal investment on his part.

[yump] 04/11/2024 13:38

“Wealthoracle” - oh the irony !

[martinmc123] 04/11/2024 13:24

2*
Feedback plc, the clinical infrastructure specialist, posted FY results for the 12 months to 31 May 2024 this morning and these were pretty poor. Headline revenue performance was strong with a 15% increase in revenue to £1.18m (2023: £1.02m) with Bleepa® contributing 87% of the total. But sales were down to £0.95m from 2023: £1.27m, a drop of around 25%. And the Group slid further into loss as well with EBITDA loss increasing to £2.73m from 2023: £2.61m...

...from WealthOracle

wealthoracle.co.uk/detailed-result-full/FDBK/941

[terminator101] 04/11/2024 13:00

Maybe if you listened to people warning about this pile of lifestyle pish instead of sticking your head in the sand you wouldn't have lost so much huh.

[yump] 04/11/2024 12:00

Orange1

Maybe we can make a mint by betting with Billy Hills that the name will indeed be changed to blooper - sorry bleepa.