Financial Payment Systems Share Discussion Threads

[seanmiller] 12/5/2008 15:28

chancer 6 trying to add up, lets see

"He bought the 1.76m shares at 0.31p and 3.30m shares at 0.33p last week (totals the number on the RNS)....time to pile in imo and rises to 1.50p is days away."

1.76m + 3.30m = 5.06m, so no I'm afraid, wrong again. And see my previous posts re: the RNS (already posted it you novice lol)

DONT LET CHENCER SUCK YOU, SHE WANT THE EXIT AND SHE NEEDS YOU TO GET HER THERE BY BUYING SHARES. NOTICE THE OTHER PART OF THE RNS

"
Furthermore, the Company was informed on 7 May 2008 that Fidelity International Limited no
longer maintains a notifiable interest in the
total issued share capital of FPS."

THEY ARE SELLING UP, AND QUICK. HE PICKED UP A TOTAL OF £16,875.00 WORTH OF SHARES !!!!!! PEANUTS!!!!

[chancer6] 12/5/2008 15:24

Need to find background info on this guy now and what his intentions could be as did not hold any shares prior to the 0.31p and 0.33p purchases.

[chancer6] 12/5/2008 15:22

He bought the 1.76m shares at 0.31p and 3.30m shares at 0.33p last week (totals the number on the RNS)....time to pile in imo and rises to 1.50p is days away.

[chancer6] 12/5/2008 15:22

I was right and the million trades at 0.33p and 0.31p were buys: someone sniffing around as I said.

Holding(s) in Company

RNS Number : 2159U
Financial Payment Systems Limited
12 May 2008

Financial Payment Systems Limited

("FPS" or "the Company")

Holding(s) in Company

The Company was informed on 6 May 2008 that Mr Douglas Gourlay, following a recent
acquisition, is now the holder of 4,500,000 Ordinary
5p Shares held in the nominee name of TD Waterhouse..

Mr Gourlay's holding represents approximately 4.91 per cent. of the Company's total issued
share capital.

Furthermore, the Company was informed on 7 May 2008 that Fidelity International Limited no
longer maintains a notifiable interest in the
total issued share capital of FPS.

Simon Leathers
Tel: + 44 (0) 20 7776 6550

Daniel Stewart & Company plc
This information is provided by RNS
The company news service from the London Stock Exchange

END

[seanmiller] 12/5/2008 15:19

Wow, he now owns £16,875 worth of shares lol.

Fidelity International seemed keen to get rid of these shares?

You can buy this company out for just under £350,000, why anyone wouldn't want to do that if the shares are worth about £1m according to chancer6 is is anyones gues, but I'll have a go........

............cos chancer6 is wrong with the valuation lol

this is best avoided IMO, even Mr Douglas doesn't want to risk more than £16,875 of cash on this lol.


£16,875!!!!

[seanmiller] 12/5/2008 15:14

RNS Number : 2159U
Financial Payment Systems Limited
12 May 2008

Financial Payment Systems Limited

("FPS" or "the Company")


Holding(s) in Company


The Company was informed on 6 May 2008 that Mr Douglas Gourlay, following a recent
acquisition, is now the holder of 4,500,000 Ordinary
5p Shares held in the nominee name of TD Waterhouse..

Mr Gourlay's holding represents approximately 4.91 per cent. of the Company's total issued
share capital.

Furthermore, the Company was informed on 7 May 2008 that Fidelity International Limited no
longer maintains a notifiable interest in the
total issued share capital of FPS.

[chancer6] 12/5/2008 13:13

Hard to buy over 100K online...bigger rises later this week imo and possibly more movement later.

[chancer6] 12/5/2008 12:49

Someone's just bought some again?

[double6] 12/5/2008 12:43

"No resistance" - you were saying 1.1p a few days ago before it fell back!

[seanmiller] 12/5/2008 12:40

Suspension looming here IMHO, mm's trying to drag in the last few dregs of PI money. They won't re-rate cos it is already overvalued.

No buys today bar one for £300.00!!!!

[chancer6] 12/5/2008 12:24

Seems keen watchers presssing the re-fresh button every min...left it too late and hard to buy decent quantity at 0.50p now online....what a waste of time since the 0.33 buy days. 1p next stop on the chart with no resistance at all.

[seanmiller] 12/5/2008 11:13

Cash burning!!!!!!!!!!!!!!!!

Company will be suspensed soon all IMHO

Definaltey one to avoid at all costs, there are plenty of other less riskier stocks to get involved with rather than lose your money on this one!!

All IMHO

[chancer6] 12/5/2008 10:49

Links to post 491:-

'The Company's current cash position is just under £2 million of which
approximately £700,000 is held in the China Joint Venture and maybe to subject
to transfer restrictions'.



'The Group cash balance saw a decrease from #3,220,759 as at
31 December 2006, representing a burn of about #635,000 for the Half Year or an
average of #106,000 per month. It is anticipated that the burn for the remaining six months in the current financial year will not deviate significantly from the Half Year.'

[chancer6] 12/5/2008 10:26

0.34m mkt cap now after the tick up today yet Feb RNS states cash was just under 2 million. In the interims last Sept the cash burn was announced at 100K a month and not likely to change was also said. That would put cash at 1.50p or thereabouts with just 92m shares in issue.

[chancer6] 12/5/2008 09:33

250k will cost 0.55p...next smallish buy should see the screen offer moving up. All the buyers at 0.70p from 3 wks ago have held strong.

[chancer6] 12/5/2008 09:10

Can sell 750K with etrade online at 0.27p and buy 100K at 0.50p...spread should narrow as the price is corrected to cash position. Watch out imo for more millions buys!

[chancer6] 12/5/2008 08:42

Good start to the week....hopefully see the correction to 1.10p minimum very soon. IMO the bigger rises are imminent.

[seanmiller] 12/5/2008 08:14

Must try and get that back down today lol......................

Be back later ;)

[lord santafe] 12/5/2008 08:08

double6?,
I just can not make out why you have not took a gamble here?. I know chancer6 is usaully very unlucky, but dont the fundamentals count?.

I have seen you dabble in companys that announce to be delisted in the past, and those mostly never return to the stockmarket.

[double6] 11/5/2008 20:07

LOL - we await the rise!

...and the update on your portfolio losses in the current year....

[chancer6] 11/5/2008 17:08

Current mkt cap = 0.32m. Cash in February was 2 million and cash burn is 100K a month still leaves 1.70m cash equivalent to around 1.75p with 92m shares. 3,053,961 BUY at 0.33p last tuesday, interested parties in a cash rich shell are sniffing around imo and big re-rating looms.