Fireangel Safety Technol... Share Discussion Threads

[bamboo2] 04/7/2018 14:36

I have tried to buy online through Halifax sd and they claim there is no stock available for electronic quote. Can only buy with an order, at a price they choose. Is this true of other platforms?

Has anyone else had problems, or is this another H sd exclusive?

[sebass] 04/7/2018 14:13

Thank you for update GHF

[glasshalfull] 04/7/2018 13:48

FireAngel Safety Technology

Courtesy update following a chat with the company.

* Stocks - AGM update reiterated guidance in the preliminary result statement. The company previously anticipated that with the removal of the DA would lead to retailers reducing inventory (First Alert & BRK products). Pleasingly they are now beginning to stock the new lines of FireAngel products.
* Contracts - The company are targeting opportunities in respect of multi-year contracts via FireAngel Predict which will find them changing from a hardware supplier to a tech provider. The company spoke of a number of opportunities in this area.
* Cashflow - The outstanding monies to Newall (£10.9m) clearly spooked the market but this related to normal creditor balances, DA fee & also cost of stock delivered up to 31.03.18. The outstanding balance was structured to even out cashflow demands. Company satisfied that cash more than adequate & confident it will rebound in 2019 as no £2.9m DA payment due; Newall payable position unwound; WC commitments for tooling upfront in 2018, one off due to change to FLEX & F East supplier; & move to improving margins. Adamant 3-year revolving credit facility more than adequate. I sensed again that they “kitchen sinked” with recent result announcement.
* CO sales - Following success of Project Shout the company are engaged in similar media campaign in Germany which only has 1% CO detector penetration despite 10x times level of CO deaths to UK. The company have their own sensor & therefore can command higher margins. Less competition in this space.
* Home Connected - as per update on “ContractsR21; above, company are convinced of market move to adopt this technology which they have spent 4/5 years developing. Currently the market are not attributing any value & IMHO it will take evidence of the company winning orders in this space before the market can assess the value/margins/recurring revenue characteristics.
* Germany - Pushing ahead with developments. Replacement cycle upon them (10 years since first alarms installed) & clear demand for connected alarm offering. Retail appears to be strengthening due to relationship with Siemens & other channels opening up for sales. The market moving to the higher margin connected alarms that the company have developed will be key here alongside opportunity to expand level of CO detector sales given the v low penetration to date.

Overall I got the impression of a company that were working flat out to address recent disappointment & hell-bent on proving that the time & monies spent on developing connected solutions were worthwhile.

I believe that once evidence on the recurring revenue nature of their connected offering becomes apparent then the company will undergo a significant re-rating. Market Cap is only £31m now and to think in 2014 they delivered over £10m op profit & cashflow.

Disclosure - Been nibbling away @70p level.

Kind regards
GHF

[sebass] 04/7/2018 10:52

Anyone went to the AGM? I could't go unfortunately

[the big fella] 03/7/2018 16:58

LOL. It wouldn't have been my choice of ticker!

[mr hangman] 03/7/2018 16:40

Yes a epic code of FA. just about sums this mob up

[20heronsmead] 30/6/2018 17:24

Excellent GHF. I think there is a decent chance that we have seen the bottom, so I added a few more on Friday to what is a fairly modest position.

[masurenguy] 30/6/2018 15:43

Cheers GHF - good summary in the first post.

[simon gordon] 30/6/2018 15:07

Hi GHF,

Hope all is well.

Richard Beddard wrote a piece on the company last week - had a couple of generalisations - but looks a fair appraisal:

Sprue Aegis: Do this and they'll be 'dirt cheap'




Chart wise, on the weekly, it's found support at a pivot point from 2011:

[glasshalfull] 30/6/2018 13:23

!FOLLOWFEED

[en masse] 17/5/2005 15:36

- 24 Feb'05 - 17:34 - 1643 of 4779Expect very hot news. share price will treble, could be better than GMC
- 24 Feb'05 - 17:38 - 1646 of 4779very reliable source
- 24 Feb'05 - 17:40 - 1649 of 4779very good news expected
- 27 Feb'05 - 08:01 - 1872 of 4779ZBA is likely to move north from tomorrow
- 28 Feb'05 - 10:28 - 1931 of 4779lol
- 4 Mar'05 - 13:06 - 2192 of 4779Could be RNS on monday morning....
- 8 Mar'05 - 15:28 - 2316 of 4779Any new developments from the company?
- 8 Mar'05 - 16:00 - 2318 of 4779I am out of ZBA, sold out on little loss.Nothing from the company.
- 8 Mar'05 - 16:48 - 2319 of 4779Bet it will move UP in the morning as i have sold mine.
- 8 Mar'05 - 19:17 - 2324 of 4779Needed funds. sold at a small loss
- 11 Mar'05 - 16:43 - 2523 of 4779Bought just over 87k at 2.22p. hope i can recover my small loss from last time.This is my long term investment. 12-18months
- 13 Mar'05 - 00:28 - 2541 of 4779knowing.....?????
- 18 Mar'05 - 08:25 - 2849 of 4779Big Hug
- 21 Mar'05 - 09:49 - 2956 of 4779ZBA
- 21 Mar'05 - 09:55 - 2959 of 4779don't like watching a straight line,
- 21 Mar'05 - 09:59 - 2963 of 4779Kany
- 21 Mar'05 - 10:39 - 2975 of 4779If no news to lift the share price by tomorrow then i will be out of it.
- 22 Mar'05 - 08:16 - 3059 of 4779I am going to dump soon
- 22 Mar'05 - 08:57 - 3072 of 4779i am about to dump
- 23 Mar'05 - 09:33 - 3143 of 4779RNS in the morning..hold tight!
- 23 Mar'05 - 11:01 - 3177 of 4779News is
- 25 Mar'05 - 13:40 - 3223 of 4779Nothing has changed and nothing will be for some years
- 26 Mar'05 - 14:46 - 3229 of 4779Lost interest on ZBA. I would get good interest from Bank than investing in ZBA.
- 30 Mar'05 - 17:55 - 3313 of 4779Is ZBA still in business?
- 30 Mar'05 - 18:09 - 3315 of 4779Thank you
- 4 Apr'05 - 10:47 - 3415 of 47792p?
- 4 Apr'05 - 13:50 - 3429 of 4779i will BUY @1p
- 4 Apr'05 - 14:11 - 3432 of 4779whiterussian
- 4 Apr'05 - 14:22 - 3434 of 4779Watch a very small OIL company to grow big overnight.
- 4 Apr'05 - 14:27 - 3437 of 4779Thanks gentlemen.
- 4 Apr'05 - 14:51 - 3440 of 4779I already placed a LIMIT BUY ORDER FOR JRVS shares 500000 @ 4p
- 10 Apr'05 - 15:27 - 3575 of 4782lol
- 11 Apr'05 - 10:14 - 3594 of 4782OK i will wait till sub 1p then get some. News won't be out by then.
- 12 Apr'05 - 08:24 - 3607 of 4782i will buy some at 0.0025p
- 22 Apr'05 - 17:29 - 4022 of 4782I will buy some at 0.5p.
- 28 Apr'05 - 09:19 - 4234 of 4782I wouldn't touch ZBA at this price. I find the share price still too high.
- 28 Apr'05 - 09:51 - 4243 of 4782sub 1p
- 28 Apr'05 - 15:32 - 4343 of 4782hope you are all Right about share price and i am wrong.
- 17 May'05 - 14:42 - 4757 of 4782I wouldn't BUY this even if the offer was BUY ONE GET ONE FREE.
- 17 May'05 - 15:03 - 4768 of 4782my loss is someone else's gain and vice versa

[johanks] 30/4/2002 11:31

I can pay about £120 each for 2 tickets and can meet you in London tomorrow.

Cheers,

J

[pommy] 30/4/2002 11:29

i got my ticket already, and certainly dont want blue tickets.
ANyway i know the result already!

[jeffmack] 30/4/2002 11:14

Going rate seems to be about £500 per ticket on auction sites

[reetus] 30/4/2002 09:53

You can win a VIP hospitality day out to the FA Cup Final at www.sportingcompetitions.com

[dailos] 30/4/2002 09:16

Too much Nelly, i'll probably be watching in a drunken slumber anyway! Have £55 tickets at present would upgrade to better at about £100 max.
Maybe the Gooner(pommy) will take them.

[nelly] 30/4/2002 09:10

Is that 600 quid per ticket?

[nelly] 30/4/2002 08:58

They are Chelsea tickets on the halfway line (block U). Target price in region of £200/ ticket.

[nelly] 30/4/2002 08:57

They are Chelsea tickets on the halfway line (block U). Target price in region of £200/ ticket.

[dailos] 30/4/2002 08:40

I will take all 4 if their blue, will pay more than pommy, it will be real money as well (-:

[wedgewood benn] 30/4/2002 08:23

600 pounds the bid...any other offers...4 days to go yet guys