Ffi Share Discussion Threads

[eentweedrie] 14/9/2018 10:07

quick question, why buy in 2 tranches? I am being offered 30.8 for 25k worth...so only diff is higher dealing costs

[eentweedrie] 14/9/2018 10:02

wtf 2 decent buys and we're marked down!? Large delayed sell i guess?

[dave4545] 14/9/2018 10:02

lol

I bought 25,000 at 30.75p and first thing the mm's did was drop the bid 2p to 28p

[eentweedrie] 14/9/2018 09:47

where is this from?

[tsmith2] 14/9/2018 09:27

TP from 100p to 91p, but the business is growing, with cash on the balance sheet, and trades on a CY 2019 P/E of 9.0xInvestors will be frustrated by another downgrade. However, it is important to remember that FFI is a world leading business in an exciting industry, that has cash on the balance sheet, has just delivered $17m of EBIT and should grow EBIT >20%, albeit helped by acquisitions. We value the shares at 12x CY 2019 FD EPS of 9.9c, which at $1.30 represents 91p, revised downwards due to the lower estimates and despite the stronger dollar. There is clearly scope to re-rate beyond that as confidence increases in the estimates. BUY.

[eentweedrie] 13/9/2018 18:30

yes interesting. could mean the tide is turning

[dave4545] 13/9/2018 18:00

150k buy at 31.25p yesterday also, so mm's allowed that sale to escape yesterday.

[dave4545] 13/9/2018 17:23

203,324 at 30p shows up, will check LSE after 15 min delay to see which day it's from but it explains the weakness

[eentweedrie] 13/9/2018 14:04

30.75p to buy - ouchTrouble is the momentum is not there; low volume

[tsmith2] 12/9/2018 23:06

price is mad

[dave4545] 12/9/2018 22:38

Still think there is a decent correction once the herd get involved and some volume arrives to take out the overhang/seller

Think offer dropped to 30.75p this afternoon.

[battlebus2] 12/9/2018 21:54

Yes so do I 🤞

[tsmith2] 12/9/2018 21:25

ah ok. that's what you mean for the share price to get back to IPO levels. sorry.I hope it's a lot lot sooner

[battlebus2] 12/9/2018 20:42

You may lol and I’m also a holder but it will take 2 years to get back to float price imv.

[battlebus2] 12/9/2018 20:21

Yes needs to prove itself, like I said before may take 2 years

[eentweedrie] 12/9/2018 15:35

Yes makes no sense!

[loser7] 12/9/2018 14:52

I have never came across any strong stock like this, constantly
dropping, not one day has this been blue.

I hope now it goes to 29.-29.50 in next day or so
I promise I will double my holdings. :-)

[eentweedrie] 12/9/2018 12:10

interesting that you were able to sell that quantity - it looks like the spread is a little more accurate now

[tsmith2] 12/9/2018 11:32

Yep, just the sort of thing you do

[dave4545] 12/9/2018 11:19

31.02p to buy now

I've sold my 2 x 5000 just to see if I can get the price to dip so I can buy much bigger size at a lower price

[costax1654x] 12/9/2018 08:54

Sbtx is starting Guys!

[eentweedrie] 11/9/2018 13:11

am being offered 31.34p for £10k so looks like it might be close to inching up