Ffastfill Share Discussion Threads

[bugs bunny] 30/4/2009 10:43

Nice to see PTS coming to life....Maybe one day FFA will do the same.

FFA and the board seem to have a BIG Creditability problem.......They ( Mr Toddy and the Board) have done a superb job over the years to get things right......They have turned a basket case company loosing money to where we are now about to make a profit...yet our share price is DIRE and has been dire for years despite all the progress made......Whats the answer??? I dont know...Maybe a takeover of the company.

[gerri-c] 17/4/2009 13:37

I'm not sure the timing of the trades speaks transfer, but I suppose as always, wait and see...

[gogoneko] 17/4/2009 13:16

It looks to me like a 400k transfer of some sort, but there have been a couple of smaller outright buys to raise the bid.

[bugs bunny] 17/4/2009 13:10

Someone out there interested..... another 200k gone through or it could be a current holder toppiing up.....Either way its good to see blue.

[gerri-c] 17/4/2009 12:46

Some interest here today, and the 200k looks confident.

[bugs bunny] 08/4/2009 13:03

We seem to have picked up another MM "SING".......Must be expecting to make alot of money on FFA with all this mind boggling trades going through.LOL

[bugs bunny] 06/4/2009 10:22

I think Mr Todd and co should give up on making statements......They are not a good idea for FFA holders.....over the years the share price has gone down after a company statement.....The only statement that sent our share price upward was the poss takeover....OH HAPPY DAYS Now Memories of a share price of 8p

.

[bugs bunny] 03/4/2009 15:36

Looks like yesterdays announcement went down like lead balloon.....
The question is that word SMALL.

How SMALL is SMALL.

[bugs bunny] 02/4/2009 09:01

("FFastFill" or the "Group")


Year end update
Board and Management Changes


The Board of FFastFill plc (LSE: FFA), the leading provider of Software as a
Service (SaaS) to the global derivatives community, provides the following
update in respect of trading for the year ended 31 March 2009 and
announces several Board and management changes.
Trading update
At the time of its interim results announcement in November last year, FFastFill
referred to the exceptional conditions currently affecting the Financial
Services industry. These turbulent conditions continued into the second half of
FFastFill's financial year, resulting in some contract signings being delayed
beyond the year end and leading to an impact on second half revenues. However,
the overall performance in the second half represented a significant improvement
over the first half and as a result, we expect to report a small profit for the
full year.
Despite the turmoil, FFastFill has performed strongly relative to its markets
and particularly in its core SaaS business. As a result of a number of new
contract wins during the period, FFastFill's twelve month forward order book
stands at approximately GBP13m at the year end (FY 07/08: GBP10.3m) but most
importantly its SaaS twelve month forward order book has grown to approximately
GBP10m (FY 07/08: GBP7.1m). Cash balances at the year end were GBP2.2m (FY
07/08: GBP2.4m) in spite of the Company's significant investments in Asia
Pacific expansion, software functionality and core infrastructure.
Over the past few years, FFastFill has become the leading proponent of SaaS in
the Futures Industry. The Company can now offer a full Straight Through
Processing (STP) capability and has established its credentials in the provision
of multi asset class trading. As FFastFill reaches the end of this development
phase, the advances that have been made in software and operational processes
over the past few years are resulting in new productivity gains which have
facilitated several cost reduction opportunities. As a result of this FFastFill
has been able to effect various cost saving measures through some staff
reductions and building and data centre consolidation. These savings are
expected to total approximately GBP1.5m per annum when fully delivered and the
majority of this will be felt in the current financial year. These cost
reductions will offset some cost increases necessary to support our Asia/Pacific
expansion as well as improve underlying profitability. There will be a one-time
charge of approximately GBP0.6m to facilitate these reductions.
Board and Management changes
As mentioned above, FFastFill is now entering a new phase in its development.
The Board is therefore pleased to announce the appointment of Hamish Purdey,
currently FFastFill's Chief Operating Officer, as Chief Executive Officer with
immediate effect. Hamish has worked at FFastFill for the past eight years in
various roles in the UK, US and Asia and will now assume full responsibility for
the day to day running of the Group. Keith Todd will continue as Executive
Chairman, focusing on the next strategic steps in the development of the Group.
Hamish will also join the Board with immediate effect.
The Group also announces that Nigel Hartnell will be reducing the time he spends
with FFastFill as a result of which he will be taking a non-executive role on
the Board. In addition, Dr John Elmore will be retiring from his role as Chief
Technology Officer with immediate effect. The Directors of FFastFill would like
to express their sincere thanks to them both for the enormous contribution they
have made to the Group over the years.
Keith Todd, Executive Chairman, commented, "As we move into the next phase of
our growth plan, it is an appropriate time to hand over the CEO role. Hamish's
extensive knowledge of the company, industry, technology and our customers,
together with his energetic focus on customer service make him ideally suited to
lead FFastFill as CEO during its next phase of development."
"We believe that the actions we have taken to control costs significantly
de-risk the business and believe that the breadth of our offerings and
customers, together with our service quality, place the company in an excellent
position to benefit from the changes occurring across the financial markets."
FFastFill will report year end results for the twelve months ended 31 March 2009
on 28 May 2009

[bugs bunny] 18/3/2009 16:02

Wh1spa




FFastFill connects to EXL
ELX Futures (Electronic Liquidity Exchange) has announced that FFastFill plc has been certified for ELX order and market data flow connectivity.



Keith Todd, Chairman and CEO of FFastFill comments, 'This announcement underlines FFastFill's commitment to continually extending the number and range of trading venues to our customers. For some time we have been offering the BGC Partners eSpeed platform for cash bonds and the addition of the ELX further supports our multi-asset coverage.'


Full story follow this link:

[gyy] 10/3/2009 11:30

Seems to be holding up well despite the banking crash....

[bugs bunny] 17/2/2009 10:52

Are the MM's short of stock on this one now ???????

[plast] 16/2/2009 20:29

bugs well done keep it coming, thanks.

[bugs bunny] 16/2/2009 15:57

PATS increase DIVI.
Revenue UP 15%

FIDESSA full year revenue UP 40%

Now what can TODDY and co come up with in MAY

[bugs bunny] 11/2/2009 11:51

Gartmore have picked up another 5 million shares and now hold 19.5%

They must be confident in future results.

Wh1spa....We would all wish that.

[wh1spa] 11/2/2009 11:47

At the very moment you posted your message, Bugs, an announcement came thru re Gartmore upping their holding. Maybe if you put another one thru we'll find that FFA are about to be bought out for £1 a pop.

[bugs bunny] 26/1/2009 11:55

Just a thought.....Won't it be nice if Toddy could write a letter with the same positive forward content too the minority of hard pressed loyal small holders in FFA and the large majority of holders.....Having the same affect as BARCLAYS letter did to there share price

[bugs bunny] 26/1/2009 08:52

Hi, Still here but sat on the fence watching, waiting and hoping.

[gyy] 23/1/2009 12:43

Anyone home???

[bugs bunny] 16/12/2008 13:56

Could even be renamed FfastFreeFall


Someone picking up cheap stock.....If these trades are buys as reported.

[binley2] 16/12/2008 12:52

Surely its time to be renamed Ffastfall

[bugs bunny] 16/12/2008 11:10

SP in FREE FALL now.....Down nearly 40% in a month and 22% in a week which is more worrying.....Where's the bottom???