Ffi Share Discussion Threads

[ultimatewarrior] 19/12/2018 09:24

You don't actually hold big fella ? I don't think anyone apart from me is a lth here - most seem to be traders - parob, yourself

[the big fella] 19/12/2018 09:20

Just sell if you are that bothered. I am looking for this to drift a bit lower to buy back.

[ultimatewarrior] 19/12/2018 09:01

It's not a recovery share anymoreIt's I hope I get my money back share - to the bottom drawer

[bad speculator] 19/12/2018 08:22

Opposing views make the market - some of us see value, some warning signs. You pays your money...FWIW, to my mind today's results give further reasons for the recent departure of their CFO - this person, whoever it was, obviously had no clue how to manage expectations and forecast while allowing some internal margin for unforseen delays.Get some professionals on board who know how to run publicly listed company and this is a lump of coal waiting to be polished into a diamond - but the underlying quality is visible already if you look carefully

[tsmith2] 19/12/2018 08:17

I think we may well see directors buying..

[dave4545] 19/12/2018 08:16

Cannot buy at 32p now

Director buying would be nice, surely they will at these levels ?

[ultimatewarrior] 19/12/2018 08:16

Nothing but traders messingWait till they leave

[dave4545] 19/12/2018 08:14

wow

Can sell at 31p now

Those that sold early at 25.5p ish got robbed

[tsmith2] 19/12/2018 08:13

MMs fleeced a couple

[tsmith2] 19/12/2018 08:12

Even a modest share buy back here would get us moving up sharply.intrinsic value much much higher

[tsmith2] 19/12/2018 08:10

You miss the fact that the miss is purely down to delays in the IMAX roll out nothing the company can do.just some lumpy revenues been moved into FY2020 (April 2019 onwards)otherwise in line or better and up tick in business across board..

[dave4545] 19/12/2018 08:08

one more

27p mid price bidding 28.5p online

Make of that what you will

[dave4545] 19/12/2018 08:07

Leave you to it but the price is extremely well bid on the mark down. They were bidding close to 32p yesterday so would always take size at 25-27p

[ultimatewarrior] 19/12/2018 08:06

Yes Davros writing on the wall here imho

[davr0s] 19/12/2018 08:05

Was it Einstein saying doing the same thing and expecting a different outcome

[ultimatewarrior] 19/12/2018 08:04

Give it up DaveWe are just waiting to be taken out at 30p now - mbo Continual warnings - it's ominous

[dave4545] 19/12/2018 08:03

26.6p bid now despite a sale at 26.4p

[dave4545] 19/12/2018 08:02

25-27p

Sell at mid price no quote to buy at open online

[dave4545] 19/12/2018 08:01

As expected cannot buy even 5000 unless others sell out at the low

[ultimatewarrior] 19/12/2018 08:00

MBO I wouldn't hold your breath for 50pImo

[the big fella] 19/12/2018 07:59

MBO on the cheap at the bottom of the cycle. Wouldn’t be the first time

[ultimatewarrior] 19/12/2018 07:57

The comment by the ceo that they are disappointed in the share price and they will investigate ways to improve itStop issuing continual profit warning may be a start

[pireric] 19/12/2018 07:54

Hi UW

It's weak. I was expecting $8m+ which I had lowballed, not $6m. Rating somewhat absorbs. No punches. I'll cut my FY EPS by 35% = 4.2p of EPS so 7.5 PE. "Separately, the Board is clearly disappointed by the Company's poor share price performance ... exploring the options..." However, I'm not going to chuck the baby out with the bathwater. It's not shocking given the rating it was on. Ive lowballed my FY eps to get to that 7.5x rating, which is more aligned to reality. 5x was not sustainable, in this case because the market expected a big haircut which it has now got. It's cheap enough to look though IMO given they are "exploring options", which I suspect may end up including the likes of a tender offer for some of the stock at a higher price (buyback too illiquid) or an MBO at a higher price. If the decline is sharp today I think it'd be overdone, just because of where this is at. Plus you get some more acquired growth kicking in next year so shouldn't just be a linear decline at all. And more comforted that its budget size versus budget quantity that's an issue this half

[dave4545] 19/12/2018 07:54

And the price reflects that.

£40 mil cap

12-13 mil cash pre tax profits £3.5-4 mil

Seems good value to me

[the big fella] 19/12/2018 07:53

The profit warning is actually a profit deferral. This year’s numbers will be weak. Next year with any kind of recovery they will be up against weak comparables and so the cycle begins. In this market you have to post stellar results just to stand still so unsurprising to see the mark down pre market.