Ffastfill Share Discussion Threads

[mountain man] 23/5/2011 09:47

bb

Agree with you - nice set of results showing good progress and mildly upbeat going forward. Dividend is 1-2 years away I guess.
I think you will get your wish this year - although I hope not!

[bugs bunny] 23/5/2011 09:26

A fairly good set of results but yet again NO DIVI even though they can aford to give one.
The only way the small private investor is going to see productive return is through a takeover.......Lets hope we see one in the next 12 month or less.

[bugs bunny] 20/5/2011 12:15

Both holders over doubled there money. Mr underwood still has 2.5% any share price rise now is all profit as he got his original stake back.

Interesting to me...Mr Underwood sold 14.4 million shares....4.4 million went through the market yesterday so the MM's already have a home for those share's..... They wouldn't take that many as stock without a home, That begs the question, where did the other 10 million go.

We will have to wait and see LOL

[bluehair2] 20/5/2011 07:14

And why sell now??? Two large individual long term holders selling into a rising market... doesn't sound like a divi is forth coming.

Ahh well back to sitting and waiting.

[bugs bunny] 19/5/2011 23:43

Mr Underwood has gone but who bought his 3% ?????????????????

[bugs bunny] 18/5/2011 15:28

18 May 2011

FFastFill plc

("FFastFill" or the "Group")

FFastFill Partners with IPC Systems to Provide Robust Connectivity Across the Financial Community

IPC's Secure Financial Network to Support Low Latency, Non-Member Access to Exchanges and Trading Venues through FFastFill's Global SaaS Capability

FFastFill plc (LSE: FFA), the leading provider of Software as a Service ("SaaS") to the global derivatives community is pleased to announce that it has successfully entered a partnership with IPC Systems, Inc., a leading provider of electronic trading communications solutions to the world's top financial services firms and global enterprises, allowing members of IPC's Electronic Connectivity Services (ECS) community to make its pre-trade, post-trade and straight through processing services through FFastFill's hosted execution platform securing non-member access to exchanges and trading venues across the world.

FFastFill's broad range of application services will leverage IPC's fully hosted SaaS model to enable customers to trade a multitude of exchanges with minimal latency. Using FFastFill's new Horizon service, customers of IPC's Electronic Connectivity Services who are without direct exchange or market memberships will gain access to over 60 international trading venues across the North American, Europe and Asia-Pacific regions simply by using other member firms' market access. With new trading platforms proliferating, firms increasingly need access to venues where they typically don't have memberships. FFastFill's new Horizon service successfully removes the requirement for expensive third party connectivity or time-consuming broker-to-broker integration activities, resulting in reduced time to market and much greater flexibility in terms of broker coverage. "IPC's private and secure Electronic Connectivity Services financial network already connects thousands of financial market trading participants worldwide, making IPC's community an ideal partner for FFastFill and its portfolio of electronic trading applications," added David Brown, senior vice president, Global Operations for IPC Systems. "Both FFastFill and IPC are committed to providing an optimum trading services environment, and we look forward to enabling our Electronic Connectivity Services customers to both trade on new markets, as well as attract new order flows for venues where they are existing members."

IPC's global connectivity infrastructure is exclusively focused on providing financial institutions and software specialists such as FFastFill with connectivity for all aspects of the trade lifecycle. The company's global financial network connects the world's major financial centres across 200 cities in 60 countries, and is exclusively focused on providing market participants with the secure, high-speed connectivity they increasingly demand to support all aspects of their trade lifecycle. Specifically engineered for electronic trading applications, IPC's portfolio of ECS allows organizations to benefit from secure, dedicated bandwidth, and take advantage of scalable and flexible connectivity capabilities to support their evolving electronic trading requirements.

Hamish Purdey, Chief Executive Officer of FFastFill commented:

"Our new service platform Horizon offers the capability to create access quickly, cheaply and efficiently are is set to change the way clients trade on new markets, and we're delighted that IPC is making the service available to its global community of more than 4,000 trading firms."

[bugs bunny] 17/5/2011 14:23

Thanks richjp....Thought there must have a mention somewhere with all the small trades going through...
MM's seem to have stock now....
Now we will have wait till monday morning for the Full year results too see if there is going to be a Divi this time round.

[richjp] 17/5/2011 13:33

I bought into these for the first time yesterday.

There is a positive article about them in the current issue of Shares magazine. The article also mentions that I T spending in the overall banking market seems to be on the move again, after the disruptions caused by the financial crisis over the last couple of years.

It could be good timing for Ffastfill as they seem to have their finances in order, the Saas business model is becoming increasinly popular and the banks are starting to spend again.

[bugs bunny] 13/5/2011 14:58

Interesting.

[bugs bunny] 12/5/2011 15:52

MM's short of stock and punters buying before results out on the 23rd.....Nice

[bugs bunny] 25/4/2011 10:24

Old news but worth a another read.

FFastFill
12/04/2011 Ben Jaglom

Derivatives trading software concern FFastFill (FFA) released a trading update in which it reported that results will be 'in line with market expectations.'

The AIM-quoted venture declared that in the period for the year to March the company 'has continued to grow successfully' also making 'further progress in the implementation of its global Software as a Service (SaaS) strategy.'

It drew attention to what it described as 'significant contract wins' in the areas of trade execution services, middle and back office with the board adding that it is 'pleased with the progress' made in growing the business in Asia. A year end position of £3.3m in net cash was reported (2010: £2.4m)

Chairman Keith Todd enthused that the 'competitive strength of our offering' remains strong adding that 'we continue to see an improvement in the business environment and we have a strong pipeline of prospects across all three regions where we operate.' Full-year results are to be released on 23rd May.

Following the update analysts at Canaccord held their existing forecasts. The analysts are forecasting pre-tax profits to almost double from £1.2m to £2.3m, on revenue of £15.3m (2009: £14.3m). Furthermore EPS of 0.59p and 0.7p is pencilled in for 2011 and 2012, respectively, with the shares currently trading at just over eighteen times 2011 earnings.

Last recommended by Growth Company Investor this January at 9.25p the shares have gained 19% since, currently trading at 11p. The company has gained traction of late as the recovery among its customers gathers pace following the fall out from the financial crisis. We upgrade the shares from hold to add.

Tags: Derivatives trading, SaaS, Trade execution services

Sector: Software & Computer Services

Companies: FFastFill

Market cap: £44.15mPE Forecast: 18.6

[bugs bunny] 19/4/2011 10:39

MM.....I wouldn't think there stakes are up for sale at the moment because the share price would not where it is, I do feel they are in trouble and can't now buy FFA or PTS. I think they will support any other buyer as long as the price is right and 25% is a long way there.
This set of results are going to be very interesting.....FFA rep has gone from basket case to one of the market leaders.

[mountain man] 18/4/2011 16:59

bb
Totally agree and would not be surprised if the stakes were for sale now - nice idea at the time but events have overtaken them I think.
Progress is slow but steady and whilst I've held for a couple of years I continue to hold for what I believe will be later rewards.
Looking forward to next results.
DYOR

[bugs bunny] 18/4/2011 15:08

I dont think we are going to see any bid for FFA now from ION......I wonder if there backers are in trouble and caught up with the Irish banking meltdown...That would explain why they haven't taken out PTS or FFA.

[bugs bunny] 07/4/2011 15:20

Looking good today but lets wait and see if they announce a Divi in the full set of results in May. That would put FFA in a new league and an investment.

[p@] 07/4/2011 08:01

7 April 2011

FFastFill plc

("FFastFill" or the "Group")

Trading Update

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 on trading for the financial year ended 31 March 2011.

The Board is pleased to confirm that in the period under review FFastFill has continued to grow successfully, making further progress in the implementation of its global SaaS strategy. As a result, the Group expects to report results in line with market expectations.

During the year the Group has achieved significant contract wins across all of its product offerings: Trade Execution Services, Middle Office and Back Office. The recently announced "Horizon" service that allows sell-side brokers to efficiently cross connect has been well received and has added to the competitive strength of FFastFill's Trade Execution Services offering.

The Board is also pleased with the progress FFastFill has made this year geographically, in particular in the Asia region. The Group's growth has been achieved in spite of the aftermath of the recent financial crisis, which resulted in a number of customer changes that impacted revenue when compared to the previous year. The Group finished the year with GBP3.3m net cash (31 March 2010: GBP2.4m, 30 September 2010: GBP1.4m).

Keith Todd, Executive Chairman, commented:

"The competitive strength of our offering, our SaaS-delivered approach, remains strong and is positioned well to support our Group's continued growth in the new financial year. We continue to see an improvement in the business environment and we have a strong pipeline of prospects across all three regions where we operate."

FFastFill will report year end results for the twelve months ended 31 March 2011 on Monday, 23 May 2011.

[bugs bunny] 23/3/2011 09:34

Somebody still dumping and the MM's still running scared.... Yesterdays annoucement was very good news for the long term.
The penny still hasn't dropped....I thought it had....Looks like its going to take a very good set of results and MAYBE an annoucement of a possible DIVI in the near future.

[bugs bunny] 22/3/2011 11:48

Looks like a distressed punter dumping and the MM's taken full advantage of the fact and getting very cheap stock to pass on to our buyer who I think is still in the market.

[bugs bunny] 22/3/2011 10:30

Very good news

[moraine] 21/3/2011 21:17

More positive news

[bugs bunny] 19/3/2011 15:13

Hi Bluehair....I had noticed the trades and the share price rise at PTS......We should be seeing a trading update in the next few weeks for FFA,

[bluehair2] 18/3/2011 17:54

Bugs,

Have you noticed those 500k purchases over a PTS recently?

[bugs bunny] 16/3/2011 12:03

Looks like the buy order is still active.