Fireangel Safety Technol... Share Discussion Threads

[mr hangman] 17/2/2021 10:29

Some people, have not discovered the filter button yet, jeez

[shauney2] 16/2/2021 21:44

Sorry to any holders here of FA.but Mr hangman and his multiple handles seems intent on ruining threads.

Take a look at the way he ruined the BBUS thread.AVDFN don't give a toss.Never mind the quality look at the numbers is their mantra.

[shauney2] 16/2/2021 21:26

Wow Mr hangman.Just seen your posts on TRP.From 9 quid to half a p.No wonder you are bitter and twisted.


mr hangman - 30 Aug 2019 - 09:47:19 - 25393 of 26707 TOWER RESOURCES - TRP
LOL "Dead cert they have oil"

[shauney2] 16/2/2021 21:17

Before you go on your deleting spree
mr hangman - 12 Sep 2018 - 10:45:00 - 73 of 459 FireAngel Safety Technology (formerly Sprue Aegis) - FA.
Glad i braved this one out, when most where pushing their sell buttons

[shauney2] 16/2/2021 21:14

Aww Mr hangman.The destroyer of quality threads.
So looking at this thread alone you are not very good.Averaging down here from 1.50 ffs



Still holding ECO?The guru lol

[mr hangman] 16/2/2021 18:29

Hi BF I'm fine, yes to many experts with big Twitter followings tipping illiquid stocks for my liking, we have a new heard of investors that fall for it, over the 18-24 month period these look a decent punt, I have averaged down

[the big fella] 16/2/2021 10:33

Tiswas - yes agreed this will not feed through straight away but as their forward positions unwind it will make a big difference, and after all valuations are looking at next years numbers and beyond these days.

[the big fella] 16/2/2021 10:30

How are you Hangers. I rarely post on ADVFN these days. To much hype and too little research.

[mr hangman] 15/2/2021 19:36

Totally agree BF, with sterling increasing by the day, with every jab, that goes in the arm, I think we could be at the bottom here,One for the brave, your guru

[tiswas] 15/2/2021 19:21

My note on hedging, They have a rolling policy covering 100% of forecast exposure for the next quarter ahead, 75% for second quarter, 50% third quarter and 25% for the final quarter. So yes, as new hedges come in should make big difference.

[the big fella] 15/2/2021 18:35

I admire your optimism. At least the noises coming from the company have been a little more upbeat of late. Also the USD FX rate has continued to go their way. The annualised benefit from a rate of 1.40 compared to 1.20 must be in excess of 3 mil a year. Not insignificant.

[tiswas] 15/2/2021 15:16

Well, if I was looking for an excuse I would say that is a perfect bounce off the 61.8% retracement from the big move from 10p. But as I do not really believe in TA for these small caps I have to say that the bounce got well ahead of itself and this presents another buying opportunity for the brave!

Roll on late March

[jojaken] 25/1/2021 07:53

So Sales down £5.1 million(2019: £45.5 million - 2020: £39.9 million)at the full year verses £4.2 million(2019: £20.7 million - 2020: £16.5 million)at the half year, as reported back in September. That's a considerable improvement, although they still didn't quite make it to equaling last year's second half. Good to see a bit more clarity on the improved momentum previously reported.

[masurenguy] 25/1/2021 07:46

Encouraging, but some way yet to go !

Trading Update
Sales for the Year are expected to be approximately £39.9 million (2019: £45.5 million). Stock at 31 December 2020 stood at approximately £6.6 million (2019: £6.3 million), significantly reduced from £9.4 million at 30 June 2020, the Company's half year end.

Net debt, before lease obligations, at 31 December 2020 was £3.7 million (31 December 2019: net debt £4.9 million) and comprised cash balances of £1.4 million, invoice discounting drawdowns of £2.5 million and a Coronavirus Large Business Interruption Loan Scheme ("CLBILS") loan of £2.6 million. In December 2020, the Company successfully negotiated with its bank a revised repayment schedule due under the CLBILS loan in order to aid cashflows due to the continuing uncertainties referred to in previous announcements caused by Covid-19 and their impact on the business which are continuing into 2021. The Company has also applied for an increased CLBILS loan in order to provide further headroom and to support the revenue growth expected this year. A further announcement will be made in due course. As previously announced, the Company expects to announce its audited final results for the year ended 31 December 2020 in late March 2021 when it will provide a further update on current trading and outlook for the year.

John Conoley, Executive Chairman commented:"The impact of Covid-19 held the Company back from achieving what would almost certainly have been a significantly improved performance in 2020. The great progress made towards the end of 2019 and in the first months of the 2020 before the pandemic struck augured well for the Year. Combined with the growing momentum of our Connected Homes pipeline and sales-driven gross margin improvement plan, 2020 would have seen a material improvement in both revenue and profitability. Notwithstanding the enhanced lockdowns in the various markets we sell in, trading in January is in line with the Board's expectations. Despite the Covid-19 uncertainty, the Board is targeting improved performance and sales growth in 2021 versus 2020."

[the big fella] 14/1/2021 14:53

I agree this scheme is not appropriate. We are not the only ones to think this as the scheme is closing in q1 this year as stipulated by the remuneration committee. So depending on closed periods there maybe a rush of buying to "fill yer boots" before it is finally axed.

[monkey puzzle] 14/1/2021 08:09

What a ridiculous scheme, snouts in the trough for the bosses.

[onehanded] 14/1/2021 06:51

Nice if you can get this lol

As a result of the above purchase, under the Company's Share Matching Scheme, Nick Rutter will be awarded options to subscribe for 76,144 new ordinary shares at 2p per share.

[tiswas] 13/1/2021 20:44

Not much stock around so maybe they had to tempt a few sellers out to supply the 150k shares needed and then lowered the bid once filled? They certainly paid full whack but encouraging, wonder why they left it so long?

[the big fella] 13/1/2021 16:41

Graham Whitworth as a NED does not actually qualify for the scheme. Nick Rutter obviously does. I think I read somewhere that this was being axed shortly. Sooner the better.
Strange that the price falls when two stalwarts of the company buy.

[wanttowin] 13/1/2021 16:02

Wish I could buy one and get one free..

[tiswas] 08/1/2021 12:51

Well, I can sell 100k above the bid online and not even buy 25k without a telephone call so the demand is clearly there.

I am now back in profit, not too impressed with when I bought and how I averaged down but I am still learning the hard way.

The last update was bullish and we are waiting on more news re more housing association trials and contracts although the latest lockdown may well have delayed these. Just hope that the US shareholder/competitor is not looking to pounce and take them out on the cheap as I agree this has a long way to run imo.

[wanttowin] 08/1/2021 12:36

Despite the 100% rise, looking at the chart there is massive potential for multi-bagging here.. GLA

[pugugly] 08/1/2021 12:24

So what is happening here? Up some 100% in 4 weeks - including 18% today - Cannot just be penny-ante (or as we said in the old politically incorrect days with strip-poker "panty-ante") rampers.