Ffi Share Discussion Threads

[ronwilkes123] 21/9/2018 09:52

Well buy them Dave, buy all you canYou will go see willy wonka

[dave4545] 21/9/2018 09:44

Here we go

5000 max online buy at 33p

edit 2500 max buy at 33p now

[dave4545] 21/9/2018 09:12

Told you, there is no overall overhang in this now

It's just mm's v pi's and a lot of them in at 30.3p bailed for quick profits and allowed the mm's to offer stock again this morning but a few buys and delayed ones I'm sure and already it's just 10k max buy at 33p now

It will be up and down a lot today as mm's try to flush out traders

[dave4545] 21/9/2018 09:00

Looking miles better now

Just 10,000 max offer at 31.99p, bidding a nice premium now

[eentweedrie] 21/9/2018 08:56

i take it you bought at the top of the spike ron? can't blame you for feeling a little aggrieved but it will take a little patience.as the saying goes, wealth passes from the impatient to to the patient.

[ronwilkes123] 21/9/2018 08:40

Where's the bounce Dave ?Back where it started - pump over imo

[eentweedrie] 21/9/2018 08:30

Yes, that is the downside with AIM listed stocks, hence the reason I tend to steer clear.Apart from great little stocks like FFI!

[dave4545] 21/9/2018 08:19

mm's are out to screw over any weak holder this morning eent

It might even drop to 31p offer again

edit but they delay such small trades such as 25k you do not even know if there
is buying until they show the trades 1-2 hours later

[eentweedrie] 21/9/2018 08:16

double bounce?either way, all this needs is time...

[dave4545] 21/9/2018 08:05

Looks like it's going to dip again.

First sale of 8k sells for 30.5p, talk about giving them away and it's 32p bid price to buy currently

[eentweedrie] 20/9/2018 22:17

all sorts of creatures seem to be crawling out of the woodwork!

[dave4545] 20/9/2018 17:58

There's still delayed buys from today at 32p when 31-32p coming through now.

[tsmith2] 20/9/2018 17:52

a lot of deck clearing going on. Look at the late trades

[dave4545] 20/9/2018 17:38

I did say a lot of yesterdays buys will show a day late.

Anybody want to still say there is a overhang now ?

Loads of 6 figures at 30.3p level where main overhang was, then a lot of big buys at much higher prices when it cleared.

700k buy 30.93p and 250k at 34p late on. Might give the little pi's who bailed today something to think about.

edit 2 mil of delayed buys

[dave4545] 20/9/2018 17:02

Actually just looked at your recent history and you are instantly filtered again.

[dave4545] 20/9/2018 16:58

Tell you what I've unfiltered you.

The overhang was cleared, are people that stupid on here, how many people have been allowed to buy in sub 31p in the last 2 weeks, of course of lot of them bottled it when the price started falling because they were still selling for a profit, that is where the mm's got their stock from today, a small run of buys and they quickly ran for cover so no sign of a overhang for me and I've been making good money out of overhang plays for 15 years

[ronwilkes123] 20/9/2018 16:49

But ffi is back where it started - imoThe overhang isn't cleared

[dave4545] 20/9/2018 16:36

I've got a very long memory of usernames on this site and know the ones that go around and deramp stocks, probably got nothing better to do.

FFI cleared a massive overhang yesterday and the price is up 2p from the low just 2p
it has dropped some 50p recently so that shows you the potential upside to come when a seller is out.

I do know that there's lurkers on popular twitter accounts like remora fish they get in on the tip and dump just as quick. It's no pump and dump by those main accounts that bought in, it's just the idiots now that cannot hold stocks, the market is a ponzi now and fundamentals seem not to matter.

Still confident of 40-50p for my stock, that is my target especially as overhang got cleared, now it's mm v pi

[ronwilkes123] 20/9/2018 16:16

No need to be nasty

[dave4545] 20/9/2018 16:09

Exactly. ..really well bid again. ..flushed a few out there

[tsmith2] 20/9/2018 16:04

Of course it's hidden, just that you know about it or maybe the company set it out in the RNS..#idiocy

[mister md] 20/9/2018 15:38

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

[pireric] 20/9/2018 15:28

I appreciate other viewpoints :0). Makes a market! Any recovery will likely be steady over a period of weeks and months rather than days

[ronwilkes123] 20/9/2018 15:22

Excellent post pireric and May wellCome to pass in the medium to long termThe 80% is too big a drop for me I'mAfraid

[pireric] 20/9/2018 15:13

Ron - we already know there was a profit warning .. that's why the stock is on less than 5x earnings. The market has little trust in the stock having warned twice since IPO. Its not really going to change its opinion overnight. Of all the things to cause the profit warnings, an industry-wide issue and higher fixed costs are not two that derail the long term story.

You seem to be suggesting that the profit warning means that this should trade at zero. Everything has its price and this is far beyond what is reasonable.

The business this IPOd based on is being valued at around 1x EBIT. Of all the times I've seen such crazy valuations in the past, these sorts of anomalies don't persist. Could the business suddenly implode such that it cannot even churn one more year of EBIT? (Having existed for 60-70 years as a market leader)

Think we both know the answer. I'm more than happy to add more over time

Side point, we also know there is an overhang here. Why should I be concerned about that? I've said the same before on other stocks, to worry about that would be to worry about what someone else thinks of the stock without forming your own opinion. Several times I've seen stocks faced with a big overhang have been phenomenal medium term opportunities.