Fireangel Safety Technol... Share Discussion Threads

[cc2014] 10/12/2020 09:32

I pop in to see another load of options granted at a crazy price.

This copmany is a disgrace. Has so little cash it has to take a low interest government loan and is therefore not allowed to pay dividends or director bonus, so instead gets round it by granting a zillion options.

[monkey puzzle] 10/12/2020 08:36

Shame really, promised a lot....maybe next year eh?

[onehanded] 10/12/2020 08:14

can't see much now in this share price Options as management get richer and last RNS about partnership was in a local magazine. Think the covid has not helped, but think it will slowly drift downwards. Other stocks look better now.

[onehanded] 30/11/2020 11:36

yes, this should be around 15p, so no rush to buy with no volume.

[noreply1] 30/11/2020 10:21

No volume?

[onehanded] 24/11/2020 14:00

spread to much or would buy.

[robow] 24/11/2020 12:31

modest reaction to such good news

[onehanded] 24/11/2020 08:09

news and last as contract starts...

John Conoley, Executive Chairman of FireAngel, commented: "The interview in Housing Technology magazine showcases FireAngel's unique technology and clearly articulates the benefits available to social housing landlords in deploying our affordable solution. As previously announced, the Ealing rollout is on track to commence this month, with installation of the network backbone followed by the installation of alarms in individual flats."

[shanklin] 17/11/2020 11:04

Not sure even this can help FA., but obviously can only be a positive for them...

Social housing residents will have right to smoke alarm after Grenfell

[davidosh] 09/11/2020 02:21

Just to mention that Judith Mackenzie of Downing who are one of the key shareholders in FireAngel will be interviewed by me on MelloMonday tonight. She will also be one of the panelists on the BASH session.

The Mello Monday event starts at 6pm
The full programme is available on the website. In the MelloBASH... The analysts, fund manager and well known investors on the panel will give their honest verdicts on whether four/five companies are a Buy Avoid Sell or Hold at this current juncture in the markets.



All investors welcome and if you use the code MMV5 you will get a half price ticket. Great investor content and entertainment. We had nearly 400 investors attend last month so these are very popular.

[epo001] 07/11/2020 11:53

The expectation about the effects of the Scottish legislation seem a little fanciful to me. There aren't going to kilted thugs kicking down doors to check compliance but merely a note on a home report when a property is sold.

I can't see a rush to comply next year, especially with covid. Many (most?) people will simply not bother. New builds, council owned and rental properties will have to be compliant from day 1 of course but the thing that would make me be compliant sooner rather than later is that it provides insurance companies with a new reason to deny claims.

[deanowls] 05/11/2020 09:11

Somethings wrong. There isn’t a profit warning.

[onehanded] 05/11/2020 07:15

ok update, will move post covid restrictions, a very slow burner lol.

[masurenguy] 05/11/2020 07:13

Update: 5 November 2020

Since 29 September 2020, when the Company released its unaudited interim results for the six months ended 30 June 2020, trading conditions in the Company's markets have generally continued to improve. October saw the highest revenue of any month so far this year by some margin, being 96%. of the level generated in October 2019. FireAngel's Trade sector continues to recover, with revenue in October 2020 being the highest in any month for almost three years.

Legislation in Scotland has been a key driver of demand for FireAngel's Trade sector in 2019 and the year to date. Whilst COVID-19 has dampened some of that demand, the Scottish Government has recently proposed a twelve-month extension for compliance to February 2022. If, as expected, this extension is approved, demand will be spread over that period rather than the opportunity to supply being lost and allowing for additional installation opportunities to be found.

As in many industries, online performance has seen a notable step change and significant revenue growth has continued in online retail in the year to date compared with 2019. FireAngel was the best-selling brand in Amazon UK's 'Smart Homes' category on Prime Day in October 2020, with revenue from sales to Amazon in the ten months to and including October 2020 being up by 20%. compared with the same period last year, with growing momentum.

As previously announced, on 30 June 2020, being the Company's half year end, stock stood at £9.4 million, which was higher than required due to procurement decisions taken before the imposition of lockdown restrictions. Stock at 31 October 2020 stood at approximately £8.0 million, validating the Board's expectations that stock levels would begin to fall as sales improved again. However, the imposition this week of renewed COVID-19 restrictions, which may lead to further uncertainty, may risk stock levels increasing by the end of the year.

Uncertainty caused by UK Government policy and that of certain other countries continues to impact the Company's ability to accurately forecast future sales and, therefore, the Board does not provide guidance for the Company's 2020 full year performance. The Board expects to provide an update in mid-January 2021 on the Company's 2020 full year performance.

[epo001] 21/10/2020 15:11

Scottish interlinked alarm legislation now shelved until 2022.

They may have had a publicity campaign planned but as of today there was no government campaign to warn/inform householders.

[monkey puzzle] 29/9/2020 11:30

wanttowin, me 2 nothing in that update to suggest any improvement in the near term. Will monitor for news only.

[tomps2] 29/9/2020 10:50

FireAngel Safety Technology (FA.) interim results overview with John Conoley, Executive Chairman, FireAngel Safety Technology

Video:
Podcast:

[wanttowin] 29/9/2020 10:29

Oh dear back in the bottom drawer for a long time now I suspect, disappointing.

edit : change of plan,, I'm out at a smallish loss, fed up waiting for an upturn here and reckon I can recoup quicker elsewhere..GLA

[onehanded] 28/8/2020 13:41

Need patience here lol. Hear all results in by beginning of Sept. Will wait... pay day beckons.

[monkey puzzle] 27/8/2020 15:11

Well they can't all be like MWG and SKIN but I have patience, as long we don't see any sellers spoiling things thru being bored. Should be seeing news any day...

[katsy] 27/8/2020 15:02

All go with this one I see....ZZZzzzzzz

[onehanded] 26/8/2020 17:28

We will know soon.... Good day for MWG holders i see. Sold all SKIN as prefer MWG. Hold 48,000 here and 100,000 MWG.

[monkey puzzle] 26/8/2020 12:15

I have taken some today. One handed hope your right!