Ffi Share Discussion Threads

[ultimatewarrior] 20/12/2018 07:44

Needs directors to get involved tsmith The 91p target price had no effect previously why should it now

[tsmith2] 20/12/2018 07:38

Liberum BUY TP 91p

[buywell3] 20/12/2018 04:36

well noticed ... and ?

[keyno] 19/12/2018 23:39

I notice that "nakedinvestor" was "new" to advfn today when he made his virgin post.

[ultimatewarrior] 19/12/2018 20:39

Perhaps so the big fella, fully accept the bull case - my holding is not huge here and my current loss £300 so will keep holding to try and get parity and then leave No offence to you, and good luck if you do try and build up your holding again

[the big fella] 19/12/2018 20:36

Ultimate - I do not understand given your endless negative posts why you continue to be a holder. Surely your feelings are such that you should crystallise your loss and move on.

[ultimatewarrior] 19/12/2018 20:30

Odd that in the last full financial year before float the company made 3 million ebitda, even before this ebitda was all over the place - it doesn't appear to have shown any growth in lead up to float, a very strange valuation

[stemis] 19/12/2018 20:26

Yes I've read the admission document.

hxxp://www.filmfinances.com/ffi-media/uploads/2017/06/Final-Admission-Document-FFI-HOLDINGS-PLC.pdf

The company issued 21.0m shares for cash, placed 18.4m of the shares of existing shareholders and 117.7m of existing shares were retained by shareholders.

Cheers

[ultimatewarrior] 19/12/2018 20:15

For you stemis - has a lot of financialInfo on which the float valuation was based - it would seem half the placing funds went to existing investors half to company

[stemis] 19/12/2018 20:06

How this floated for nearly 200 million is ridiculous bordering on stupid

Actually it was £236m (at 150p). I tend to agree though. I'd love to see what the basis was for this. However I didn't buy at 150p but at marginally higher than the current price so it's pretty academic.

[ultimatewarrior] 19/12/2018 19:50

When the 30p mbo comes don't be shocked

[tsmith2] 19/12/2018 19:15

Read the reasons stated by the company. It's just deferral of a little bit of the imax stuff..

[buywell3] 19/12/2018 19:08

buywell3 is interested in making money


SteMiS19 Dec '18 - 17:18 - 1481 of 1488
0 0 0
I'm not really interested in people making random predictions, I'm interested in analysis and facts (for or against).

[ultimatewarrior] 19/12/2018 19:02

But you said that 6 months ago tsmith2How many profit warnings do you need to change

[tsmith2] 19/12/2018 18:47

Nice 50k at 30.4p at 16:49

[tsmith2] 19/12/2018 18:39

It's an excellent buy at these levels. Risk v rewards hugely attractivethe business is shaping up v m nicely imo

[tsmith2] 19/12/2018 18:36

If you work to a narrative you'll find anything that suits the point you are trying to make..the assumption is not a fact..it's just an assumption Read this slowly...Completion Contracts: Volume grew by 2% (77 titles in H1 2018 as compared to 74 titles in H1 2017). The Group maintained its average fee of production budgets. During H1 2019, fewer large budget productions resulted in the average budget per new order decreasing by 14% to $11.2 million in the period (H1 2018: $12.9m), which resulted in lower revenue despite providing more completion contracts in the period. The Group's pipeline shows more larger budget titles likely in H2 2019.

[ultimatewarrior] 19/12/2018 18:31

But the opinion then that the market where they draw this year an estimated 78% of of year start forecast revenues is shrinking is not a positive - in fact it's a major negativeHow this floated for nearly 200 million is ridiculous bordering on stupid

[tsmith2] 19/12/2018 18:16

I don't think he's surmised that having spoken to the company - the company's view is quite opposite - that's he view based on what he thinks is going on in the market.

[ultimatewarrior] 19/12/2018 17:47

But nakedinvestor has spoken to the business and summised the main market where they draw revenue is potentially shrinking - completion contracts - they have no options to buy other firms with the low share price - a mbo would potentially put the risk of a shrinking business with management A lot of things to think about here stemis

[stemis] 19/12/2018 17:18

I'm not really interested in people making random predictions, I'm interested in analysis and facts (for or against).

[ultimatewarrior] 19/12/2018 16:44

To be fair stemis buywell called this one correctly - I reckon about 15 mill ebita based on the assumption there main market is shrinking

[stemis] 19/12/2018 16:35

Buywell,

I've already addressed the increase in liabilities before.

I think we've all spotted that they aren't going to make $22-20m EBIT.

[tsmith2] 19/12/2018 16:23

good write up.

[ultimatewarrior] 19/12/2018 15:54

As well buywell your the only person to call this correctly