Ffi Share Discussion Threads

[dave4545] 18/9/2018 15:59

100k buy hello

[eentweedrie] 18/9/2018 15:56

100k buy im assuming...

[dave4545] 18/9/2018 15:33

Delayed buys still coming through

[eentweedrie] 18/9/2018 15:20

yes, good time to average down - after buying in initially at 67, my avg is now half of that so looks a little better!

[dave4545] 18/9/2018 15:10

Added 15k at 30.3p looks much better

[eentweedrie] 18/9/2018 14:58

seems to be picking up....

[pireric] 18/9/2018 09:48

Will gradually produce more :0)

Unless this is an outright fraud, which it 100% isn't, then extremely difficult for me to see this anywhere near the current price in 6 months time. And so any price action between now and then doesn't bother me

As Dave notes, still a decent overhang. Will get cleared, though with a new IPO, takes time for funds considering purchasing to do their DD.

[eentweedrie] 18/9/2018 09:41

great work! Yes i think the £10m ipo costs certainly didnt help!

[dave4545] 18/9/2018 08:52

29-30.3p

Can sell no problem too but overhang remains, can get a quote for 75k at 30.9p

[pireric] 17/9/2018 21:25

Some introductory analysis. Market cap should read £47.3m. Reaffirms that the valuation down here is incredibly low

[pireric] 17/9/2018 18:58

Well put. I'm mocking up a series of stuff over the next week as I mentioned. Nothing too stressful on a Monday night to start with. Risk-reward here seems exceptional.

[eentweedrie] 17/9/2018 17:16

I think ultimately it was just a case of unfortunate timing - it only bombed a few months after listing following the fallout of the Weinstein saga as reported in their hy t/u. FFI have been around and been profitably trading for many decades. They have extremely competent mngt. This is what mainly draws me to it. There is good history and substantial growth opps in the acquisitions.The shares are now substantially oversold and based on f/eps trades on a pe on circa 4.I doubt we will see the IPO share price anytime soon but agree that we should at least be in the 50's in a few months time after the herd realize the value here.

[eentweedrie] 17/9/2018 12:38

glad to see someone shares our view!

[pireric] 17/9/2018 09:47

:0) you'll never know!

This is far outside what I normally touch, but i have a high level of confidence here. My research to follow over the rest of this week. Lots of things about the biz I dislike, but I'd care about most of that if it was at 60-70p, not at 30p. I don't think 50p in the next 6 months is unrealistic

Core completion contracts business, if you do the maths, is valued at a take it or leave it level, which makes no sense

Edit: added further

[dave4545] 17/9/2018 09:39

Perhaps it's the 27500 just showing delayed one hour.

29.1-30.5p

Overhang still there but I still think some are going to do well getting size now even if it dips a little first, when the overhang goes it will probably shoot up, but from what level ?

[tsmith2] 17/9/2018 09:22

What's a sizeable stake?

[pireric] 17/9/2018 09:16

I've followed this for a long time and done a lot of research on it more recently. Bought in a sizeable stake today and see scope for significant upside.

Really complex story, shambles since IPO, but all of that is more than discounted now. Will be posting a lot of research on this moving forward.

Hopefully this marks the trough for existing holders

[dave4545] 17/9/2018 08:16

It's a uncrossing trade at full offer.

Not with the mm's so price remains 30.4p offer, no quote to sell atm, they are taking the mick at bit but clearly the overhang remains

[tsmith2] 17/9/2018 08:09

I was going to ask if they were buys or just late reported sells.Not moved the price at all..price here bonkers.

[eentweedrie] 17/9/2018 08:05

quite nice buys off the start

[dave4545] 14/9/2018 18:54

Little shake.

You have to wait a while for the bigger delayed trades to show so I make it a 50k buy and a bigger 64k buy at full 31p offer which the mm went to 30p bid, took a fraction of that then dropped back.

Think it's coming now, volume rapidly increasing again and a serious attempt at clearing the overhang. Like I said you can only get size in overhangs, when this clears you will not be getting quotes for 50k or more online to buy !

[eentweedrie] 14/9/2018 16:21

back to 30p to buy now unbelievable!

[tsmith2] 14/9/2018 16:13

Better volume today..