Fireangel Safety Technol... Share Discussion Threads

[roughandtumbleone] 08/4/2021 14:38

So those that doubt this should pick up the phone and speak to Fire Angel. Steve Boggis their UK Sales Manager will verify all that's below.Fireangel are working on multiple contractors based on the same remit they've achieved success with the German energy and efficiency service provider and though this partnership is with a significant partner who's turnover was 317m for 6 months.They are working in conjunction with multiple housing associations and affordable house builders, particularly in light of Grenfell and issues for all Councils and Boroughs. However the big opportunity is multiple companies larger than the German property partner that based across Europe, Middle East, Far East and the Americas. They are taking the "blue print" hence the comment about the contract was transformational to the group.DYOR of course but this is a lion waiting to be woken.FireAngel (AIM: FA.), one of Europe's leading developers and suppliers of home safety products, announces that it has signed a long term partnership agreement with a German energy and efficiency service provider for the real estate sector (the "Partner") to provide a fully funded research and development programme for a new generation smoke alarm. The Partner which was founded nearly 70 years ago provides services to approximately 12 million apartments worldwide and in its most recent financial period, being the six months ended 30 September 2020, had turnover of approximately EUR 317 million. Following a competitive tender process and almost 18 months' co-operation between the parties, including extensive customer-led research, FireAngel has agreed to provide the Partner with a new 10 year connected smoke alarm based upon FireAngel's Gen6 platform. This next generation alarm will offer additional, innovative safety and environmental features to meet the increased demands of landlords as well as tenants. Both parties will have the right to use any foreground IP resulting from development of the new smoke alarm.

[roughandtumbleone] 08/4/2021 10:45

Looking at the share register this morning and it's clear the free float is incredibly small. What would be nice is for this new partner to take a stake in the company. Now that would be the utopia having a strategic partner aligned with shareholder interests too.

[the big fella] 07/4/2021 21:12

Lol. Played a links course and was blowing! No windmills though.
Hope you are doing well Hangers. Nice to see a few old timers still on these boards.

[mr hangman] 07/4/2021 20:56

Yes, certainly one for the Chartists out there, I played golf today, always find getting the ball through the windmill the most difficult

[the big fella] 07/4/2021 19:12

Back from an afternoons golf. Baltic and windy but won it on the last hole. Interesting UT close at 28p well above the then spread might get a few Chartists salivating.

[roughandtumbleone] 07/4/2021 15:52

Time for some more ...

[zb27] 07/4/2021 14:41

So this was 388p only 6 years back. Anyone feel like this can bounce back to that level overtime? With the increased no of shares this is equivalent to 130pence. I think it can get there in very quick order!

[roughandtumbleone] 07/4/2021 13:53

Agree.126,558,845 shares with the free float being very tiny.Market cap 34m ... go figure with today's news.

[zb27] 07/4/2021 13:49

Expect past 30p by close. And easily 40p+ come tomorrow. Just this one deal 21m deal, 35m market cap, the market has got this one horribly wrong, with todays RNS atleast minimum 80-100pence. The question is how quick will the rerate be. I reckon with the extremely low free float, this will come alot quicker than most think. Its impossible to buy!

[roughandtumbleone] 07/4/2021 13:21

Sorry to mislead. The trade I said wasn't showing is in fact showing on AQSE at 12:07.So currently over 2.6m shares traded across both platform...it's being squeezed

[roughandtumbleone] 07/4/2021 13:02

If this attacks 30p shortly, the upside is literally blue sky. Broker notes are likely to proceed this news and I'm still confident this will see 60-100p in quick succession.

[lomcovaks] 07/4/2021 12:30

Not much spare cash but just topped up at 26.2p giving me 31k shares at an average of 17.88p. Good luck to all holders.

[roughandtumbleone] 07/4/2021 12:12

Purchased more chunks.19778 at 25.2521056 at 25.4 which isn't showing for some reason.Going to continue Good luck all.

[roughandtumbleone] 07/4/2021 12:04

I agree with that. For a company with a MC of just £25m they've openly said this contract will produce royalty fees of upto 21m and the fact the development fee is being paid to use the IP rights. It's "transformational" for the group. I think a 3 figure valuation is more likely and valuing a business at 100GBP isn't blue sky valuation. Shares held tightly and free float low... buying more right now.John Conoley, Executive Chairman of FireAngel, commented: " This is the most significant development for FireAngel for several years and is expected to be transformational for the Group. The directors estimate that, during the life of the partnership, the Company should earn up to EUR21 million in royalty, management and support fees. The Company's long-standing commitment to R&D, combined with the adoption of development processes from the IT world, have contributed to us signing this partnership which will be materially cash positive and contribute financially to the Company for the long term. Finally, it reflects our aim to spend more of our time and resource on higher value activities. The customer has acted like a true partner throughout this long process."

[zb27] 07/4/2021 11:42

Looks like a rerating to 50-60p in the next few weeks at the back of that transformational news. Company changing news. Small free float, very difficult to buy. This could seriously move very fast, not on many peoples radar yet, and still easter week, so many people switched off.

[aba978731dom] 07/4/2021 10:08

Are we expecting results this April and what are the positives? Thanks

[roughandtumbleone] 07/4/2021 09:49

I was pulling your leg. No dramas

[csmwssk12hu] 07/4/2021 09:20

Stick with the original if it keeps you happy rough, hope it turns back higher later

[roughandtumbleone] 07/4/2021 08:51

Edited your post I see!!

[roughandtumbleone] 07/4/2021 08:50

Not convinced it's topped. Circa 120mShares in issue and today's announcement on a low forward PE its multiples of today's current price.

[csmwssk12hu] 07/4/2021 08:46

I think it’s topped

[tiswas] 07/4/2021 08:45

We've had worse days Rodney!

[babbler] 07/4/2021 08:40

Well it's half way there.

[the big fella] 07/4/2021 08:31

They topped at £3.50 ish. One year paid 10p in dividends. Those were the days :)

[csmwssk12hu] 07/4/2021 08:31

It looks very good, 21m in royalties over a few years is significant for a small company with 25m market cap, I can’t get any but will watch with interest, will be no doubt be personally gutted if this goes up 200% today but hope it does for those that are in