Ffastfill Share Discussion Threads

[spital23] 01/5/2008 21:57

HI All, Not into this stock but came across this in Growth Company Investor, hope this helps you. Good Luck

FFastfill - SPECULATIVE BUY
Companies: FFA
30/04/2008
Once the worst-performing new issue of 2001, having shed 96% of its value that year as well as its chief executive and finance director, FFastfill's business model has been changed under incoming executive chairman Keith Todd, who has now signed 21 major banks to the group's derivatives trading software.

In the years since he took over in 2002, Todd – who made his reputation by turning around ICL in the 1990s and more recently by selling ECSsoft and EasyNet for healthy premiums – has ironed out the glitches and brought the software up to the high industry standards. He has opted to sell the software as a service (SaaS), providing better revenue visibility for FFastfill and offering savings of 'at least' 20% to customers over traditional means.

FFastfill has concentrated on niches within the trading community in order to make its name, with derivatives being its core focus and more recently introducing foreign exchange and bonds. Derivatives is an especially good area to be building business now as traders wallow in volatility and risk, with trades in this area having reached record levels recently.

For the year to March 2008 – results are scheduled for publication in mid-May – broker KBC Peel Hunt forecasts a turnaround from losses to £900,000 of pre-tax profit, on sales increased 87% to £11.4m. Expected earnings of 0.27p put the shares on a forward p/e ratio of 25.5. Going forward, the plan is to 'harvest' further business from within the 20-plus large clients, cross-selling from, say, derivatives into other asset classes or offering its middle- and back-office functionality.

Given Todd's proven eye for an opportunity and track record of shareholder value creation, shares in FFastfill represent an interesting speculation.

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Oliver Haill
Market cap: £25.49m
PE Forecast: 25.5
Share price: 6.88p

[bugs bunny] 24/4/2008 10:56

Fair comment.
I see FFA just following their usual pattern here, which as past experience is anything to go by, is less less than heartening.
The purchase of EST probably has saved their bacon, as it is that area that is providing the only ray of hope!

[dyson3] 23/4/2008 19:26

comment back... Dubai Merc is an exchange and every ISV and trading house must run comformance testing with an exchange. Conformance testing is run against a test environment not production.

With Cheviot Asset Management and Global Trader: Eclipse is a former Exchange Systems 'product' and not a FFA service so they are not affected by operational issues with FFA services platform.

[bugs bunny] 23/4/2008 10:04

Dyson3.

I did some digging myself on FFA. I don't think any of the following would have happened if FFA had the problems your source has suggested.

FFastFill plc - 3rd April, 2008
Cheviot Asset Management LLP selects FFastFill's Eclipse Clearing and Settlement Solution for Futures, FX and CFDs


FFastFill plc - 5th February, 2008
Global Trader Choose FFasFill's Eclipse Multi-Asset Settlement and Clearing Solution
Global Trader, one of the leading providers of Contract for Difference (CFD) trading and spread betting, has selected FFastFill's Eclipse as its new back office system.


Gartmore Investment Limited 13% interest in FFA


FFastFill plc - 15th January, 2008
FFastFill Announces Dubai Mercantile Exchange Connectivity
FFastFill announced today that it has successfully completed conformance processing and now offers full connectivity to the Dubai Mercantile Exchange, the premier international energy futures and commodities exchange in the Middle East .

[bugs bunny] 22/4/2008 15:31

Thanks Dyson3....Interesting.


I see the FFA Share price doing its annual migration downwards before there results come out........Toddy's PR company have an awful lot to do too turn the cities boyz opinion round on this one.....Years of PR neglect and let down after let down when they annouce there results.

[dyson3] 17/4/2008 14:50

from what i hear, FFA have been cutting costs which has affected service quality resulting. with a number of customers having multiple service outages over the last 3 months because the systems were not configured correctly. On top of that, they had major power failures in the primary London data centre.

[bugs bunny] 17/4/2008 11:07

Dyson3

Please explain!!!!!!!

[dyson3] 16/4/2008 22:40

now they need to fix the service affecting power failures in the data centres!

[plast] 07/4/2008 20:06

good, time will tell.

[bugs bunny] 07/4/2008 12:56

FFA's New PR company

[bugs bunny] 07/4/2008 10:48

Contract win - Cheviot




RNS Number:7384R
FFastFill PLC
07 April 2008



Cheviot Asset Management LLP selects FFastFill's Eclipse Clearing and
Settlement Solution for Futures, FX and CFDs


London, 7th April 2008 - Cheviot Asset Management, one of the UK's fastest
growing private wealth management businesses, has selected FFastFill's Eclipse
for its new back office system. Cheviot will use Eclipse as a fully managed
service delivered from FFastFill's European data centres.

Paul Barnacle, Cheviot's Head of Operations, commented: "Following the rapid
growth of our Alternative Investments business, we are delighted to have a back
office system that can keep pace with our ever growing needs and can support the
wide range of investment strategies required to meet our clients objectives."

Patrick Thornton-Smith, Managing Director of FFastFill PTP, commented: "We are
delighted to welcome Cheviot Asset Management as a customer and look forward to
a long working relationship with them."

About Cheviot Asset Management

Cheviot is among the UK's largest independently owned discretionary investment
firms. Relaunched in 2006, it is the fastest growing wealth management firm in
the UK, with £2.5 billion in assets under management.

Cheviot provides independent, high quality advice to its clients, providing them
with tailored solutions. Its clients include private clients, trusts, charities
and pension funds. Cheviot is structured as an independent partnership allowing
Investment Directors freedom to build portfolios tailored to the individual
needs of each client. They choose from among the best and most suitable
investments from anywhere in the world to meet a client's objective, whether
their priority is growth or capital preservation.

[bugs bunny] 07/4/2008 08:50

FFastFill PLC
07 April 2008



7 April 2008

FFastFill plc
('FFastFill' or the 'Company')

Notification of Preliminary Results

Appointment of Financial PR Adviser


FFastFill (LSE: FFA), the leading provider of application services to the global
derivatives community, announces that it will report preliminary results for the
twelve months ended 31 March 2008 on Thursday, 22 May 2008.

FFastFill is also pleased to announce that it has appointed Financial Dynamics
as Financial Public Relations adviser to the Company.


AT LAST FFA HAVE SOMEONE TO DO THERE PR.....Better very late than never.

[gerri-c] 04/4/2008 11:16

I've found that after trading PXC a few times, I retained a few shares that I had all but forgot. Do I take it that the recent transactions have not negated the old PXC shares?

[bugs bunny] 04/4/2008 10:32

Thanks for the research.....But unable open the link.

[gyy] 03/4/2008 17:08

More research:


Jumped over a cliff?

[bugs bunny] 24/3/2008 12:19

Hi plast.

Ive been in FFA some time now and seen Toddy do the biz on this company...He turned them round and we are now fast approaching "Profit" So the next set of results will give us some idea where we are going.

Wh1spa....Doubling the share price is possible within 12 months....However with market conditions as they are at the moment who knows ?????

[wh1spa] 20/3/2008 12:22

double the current share price within one year .... thats where it is going!

[plast] 19/3/2008 18:56

bugs where do you see this going in the next year or so thanks.

[bugs bunny] 19/3/2008 16:35

Looks like someone bailed out yesterday.

[bugs bunny] 18/3/2008 14:44

Looks like the rest sheep....No sorry MM's need a shot of Brandy now to steady there nerves. BA BA BA BA BA

[bugs bunny] 18/3/2008 09:30

The Boys at SCAP are getting tad nervous.... Up a tick and then Down 2 ticks then up then down then down again..... Mind you Shore Cap did have some bad results.....Poor lads are in need of some Prozac a very large Brandy then chillout and try to relax because these volatile market conditions are going to last for some time.

[bugs bunny] 26/2/2008 16:03

An interesting days trading....Scaps down then up, then Scaps down again and then up again.

And yet another up movement on Scaps.....Those boyz at scaps have been working hard today.

[bugs bunny] 25/2/2008 15:19

Nice one Wh1spa......That would explain the rise last week.

Noted ! Our 100k buyer has returned.

[wh1spa] 25/2/2008 13:01

Keep on going FFA. All going swimmingly now! Wish the share price would reflect it!

[bugs bunny] 21/2/2008 11:03

The year end is March and the results usually come out in May.
The aborted bid last year pepped up the price at the time and lead to the purchase of EST.
The sector is ripe for consolidation as PTS look like they will fall to ION. Business for all the listed and unlisted suppliers of futures connectivity is at an all time high, so we can expect FFA to be experiencing similar. Their growing list of customers will be ramping up as the market for futures trading grows at double digit levels.
The company enjoys the support of a tight band of holders so any bid will need the backing of the board and I expect the recent buying comes from one of FFA's supportive holders and not from a potential bidder.
It remains a case of watch this space.