Ffi Share Discussion Threads

[tsmith2] 20/9/2018 09:35

one to tuck away, like HEMO, SHG and AMER. 2-3 years will do stonkingly well

[dave4545] 20/9/2018 09:13

Back to full 36p offer online

I'm overweight in these but I do love a overhang play. I will look to reduce at higher prices and get that "free ride". It served me very well in Hvo this year.

[mister md] 20/9/2018 09:05

A slow but steady recovery in shareprice will do just fine

[backpacker] 20/9/2018 08:52

So is the 91p broker valuation still current?

[dave4545] 20/9/2018 08:24

Ooh do not sell at 32.5p the mm's will love that

[dave4545] 20/9/2018 08:21

35.1p to buy atm

Obviously a lot of people have bought at 30.3p so a few of them will take the quick 35p bid and a nice profit, that means we stall for a short while this morning while the mm's churn it

[tsmith2] 20/9/2018 08:20

It's what's we've needed - volume.

[its the oxman] 20/9/2018 08:18

40p plus and will still heavily oversold here. Management just need to deliver something positive. Fingers crossed.

[dave4545] 20/9/2018 08:05

Certainly no overhang now as 36p has just been paid

[solooiler] 19/9/2018 20:34

I've bought in today. Directors here who had zero benefit from the IPO including non execs bought the best part of 1 million sterling here before the last profit warning so around 75p. That shows a lot of confidence. Wondering if, assuming they are not restricted, they might add more down here

[pireric] 19/9/2018 19:43

Good to have you here GHF. I find myself somewhat agreeing on the bedding down of the acquisitions to date, though appreciate that no single one is super big. They've moved out of completion contracts and now have a presence across much of that entertainment value chain (design to distribution and pretty much everything in between). I mean, on that point, they've delivered what they said they would do with the cash at IPO, and haven't overpaid for the assets! I wouldn't be massively surprised id they followed on a couple more smallish bolt ons.

Clearly when you do so many acquisitions, it can be hard to keep track of all the moving parts in the short term, esp around costs. A lot of easy wins to do around merging the ERP systems, training the sales forces to understand what exactly the FFI portfolio now consists of, and think they'll be focusing on that as a first port of call.

Even mild success on this and confirmation down the line that they'll hit their expectations for 2019, and this should be substantially higher. What's a fair multiple here in the interim until they build a track record of public delivery? 9-10x ish? That would be somewhere around 60p

[eentweedrie] 19/9/2018 19:11

crazy - even 34p is a no brainer imv

[dangersimpson2] 19/9/2018 18:12

Still feels like there are larger trades that will need to be reported to balance the trades over the last few days and a holding RNS somewhere. Some of the 100k+ trades today delayed to reporting close at 17:15 look like buys as do the 20-30k blocks @30.3p that were delayed an hour or so and hence marked as sells based on the spread at reporting time. There is no way market makers are supplying the level of stock that has been bought today without having had a large line of stock in the background. That overhang does seem to be cleared though and any sustained buying now would be likely to move the price up fairly rapidly.

[tsmith2] 19/9/2018 17:26

large trades reported after close..

[dave4545] 19/9/2018 16:29

Seen so many of these today

1341 paid 34p just sold for 33.2p

And they wonder why they are buying such small amounts when they sell for a loss within a hour.

[mister md] 19/9/2018 16:16

The Board expects to report Underlying EBIT in the range of $20-22 million for the Financial year ending 31 March 2019.

[dave4545] 19/9/2018 16:14

They are all delayed buys, the big sales will show later or tomorrow

To round off a great day it's gone to N/T again at 34p offer

[glasshalfull] 19/9/2018 16:13

Courtesy to declare a holding here. I’ve picked up a few following considerable research over the last few days...my esteemed thanks to pireric for flagging on Twitter and prompting me to research the opportunity here.

I tweeted as much around midday today (glasshalfull1 on Twitter) & saw quite a bit of investor interest in attempting to pick the bottom.

With the share price down (-80%) since IPO it’s been v interesting reviewing the company performance/ acquisitions over the last 15 months. They really need to put the foot on the brake in respect of any further acquisitions at this time & move to one where they optimise performance in all the moving parts. Far better to under promise and over deliver from here on in.

If they do so the share price will re-rate significantly from here.

Kind regards
GHF

[tsmith2] 19/9/2018 15:53

Looks like we have someone dumping 50ks

[mister md] 19/9/2018 15:48

Added a few today. Cheaper than the 250k the COO bought earlier this year at 88p ;)

[dave4545] 19/9/2018 15:47

33.4-34

Can buy again and people clearly are getting stuck in

[dave4545] 19/9/2018 15:25

hey hey no quote to buy at 33p now

Nice when they turn, all stressful when big overhangs and no sign of them moving and the potential to drop further but great when they clear and everybody who took a chance and bought size when unloved should now make a great profit

[dave4545] 19/9/2018 15:16

32p mid price to buy gone

It's back to 33p full offer to buy.

Try not to bail out too soon here. Look at the chart it has a good bounce in this and they were piling into this at 50-55p on the 31st after the initial drop so 31-33p is just the start