Fd Technologies Public Share Discussion Threads

[mach100] 10/1/2014 16:53

Wish I had been in at 10 quid Gicci as I came to the party late. Am loving this share though. I think they should do a share split though to improve liquidity but only after it hits £30. Can anyone crunch the numbers?Having seen a little resistance at 14 quid I think the next leg up must be to £17. Quite happy to hold now even it gets buffeted as this has more legs!

[cambium] 10/1/2014 16:09

Come back gicci

[gucci] 10/1/2014 14:43

shame i top sliced at 10 quid

[mach100] 08/1/2014 17:02

JR, I think the Panmure Gordon note has something to do with it as it is has a £14.80? target. The tie up with the NYSE is very important as it will bring to the radar of a lot of people. it goes up in bounds as we saw in the last few days and is up about 32% since November I think £14.60 will be passed easily enough and expect £20 by year end.

[johnroger] 08/1/2014 14:54

Panmure Gordon target of 1,458.00p looks as though it will be passed this week! is it just a broker note that is pushing the share price or is there more to it, I have no idea?

[moorsie2] 07/1/2014 08:40

Welcome onboard Mach100 - the shares are very tightly held.

Its very difficult to get your hands on any meaningful quantity at a reasonable market price. I do agree with you that there is significant upside even from here as Panmure would not have put their strong considerable reputation on the line by naming it one of their stock picks for 2014.

[mach100] 06/1/2014 16:49

I hope so Moorsie. I am in today as I think this can go to 20 quid a pop. It will benefit from Australia and high volume stock markets. I only wish I had spotted it at £5 as it has had a good run up but I feel there is more upside. I couldn't buy online and had to go to the market where I paid full price.

[moorsie2] 02/1/2014 09:12

should see this moving onto £14 to 15 in the next month or two on the back of the pick of 2014 tips

[moorsie2] 31/12/2013 20:17

Article on Sky's Business website mentions FDP as one of Panmure Gordon's top tips for 2014!

We could be in for a good year!

[johnroger] 31/12/2013 12:10

Techinvest December available from their website as a sample

First Derivatives (FDP; AIM) # 1060p
Improving market conditions in investment
banking were behind a strong rise in software
sales for the six months to August 31.
Turnover grew 25% to £34.4m, with a 46%
increase in software revenue to £11.0m and a
17% rise in consulting revenue to £23.4m.
Recurring software revenue was up 16%.
EBITDA was 2% ahead at £5.8m after a
£0.9m investment in new sales staff. Pre-tax
profit fell 15% to £3.0m. Without the
additional £0.9m spend on salary costs, pretax
profit would have increased 11.2%.
The software division made significant
progress in the period, boosted by a major
contract with the Australian Securities and
Investment Commission for surveillance
software. Announcement of the contract made
a significant impact on the market, the
Company reported, and has led to enquiries
from numerous brokers, exchanges and
regulators on a global basis. This segment of
the market is of increasing importance with
the continued growth in regulation and
compliance presenting large scale
opportunities. A recent contract with the
NYSE for the Tick As A Service (TAAS)
solution also underlines First Derivatives' Big
Data capability. Delta Stream is the core of
the TAAS offering and will be used to collect
raw data from every major exchange in the
world and to cleanse, enrich and store it.
Seamus Keating, Chairman, said the
momentum gained in Q2 has been maintained
and profits for the year are expected to be in
line with market expectations.
The additional investment in sales staff
should start to deliver returns in the second
half. Recent contract wins also highlight the
growth potential for the business in the
current regulatory climate. Strong hold.

[moorsie2] 28/12/2013 22:13

Still a top pick for 2014!

They must see a good bit of upside beyond the 12.50

[mog] 20/12/2013 14:40

Well although I'm conscious of the mistake of trying to seek new reasons to justify a high share price, price to sales at about 3x is not too stretched. Prospective PER is high in the upper 20s, but if they can become dominant in their market then the current market cap of £250m is small beer. If anyone sees Panmure's note I'm sure we'd all be interested to see their forecasts and reasoning....

[moorsie2] 19/12/2013 15:11

Sorry JR - I dont actually have the broker report just news of it.

[johnroger] 19/12/2013 14:22

Moorsie2
Thanks for posting the note. Do they provide any earnings projections as the PER is becoming somewhat stretched! This is now a 10 bagger for me but quite prepared to wait for more.

[moorsie2] 18/12/2013 20:44

Swiss Paul - the recommendation to 14.58 will see this motor on to 13 quickly in my opinion.

The note thought dated yesterday only arrived with Panmure clients this morning. So I expect to see more positive growth tomorrow and Friday to £13 range

[swiss paul] 18/12/2013 19:55

yep - was quite funny this morning saw the screen go red for about 10 mins, I think someone offloaded 63 sahres or summat.

But am chuffed as now up 300%, this more than compensates for (holds his head in shame) putting a shedload in PDX.

[moorsie2] 18/12/2013 17:46

Heres the reason - new broker report update out yesterday

17-Dec-13 Panmure Gordon Buy 1,200.00p 1,191.00p 1,458.00p Reiteration


14.58 target now on price and each one of the last 4 targets by Panmure Gordon were easily surpassed within the last 6 months. Therefore £15 per share is now a realistic target for longterm holders.

As regards a takeover then £18 per share values the company at £350M - and this may need to be the premium and the level someone would have to pay to acquire..

[moorsie2] 18/12/2013 09:30

With the share price appreciation and the fact that we are nearly 10 months through this trading year then a trading update announcement could be quite helpful to the market..

[johnroger] 13/12/2013 20:23

A quick look and FDP would be loose change to them. At what price I wonder would Brian Conlon sell out?

The NYSE Euronext

Industry
Financial services

Predecessor(s)
NYSE Group, Inc.
Euronext N.V.

Founded
April 4, 2007

Headquarters
11 Wall Street, New York, NY, United States

Area served
United States, European Union

Key people
Ron Krowser
(Chairman)
Alex Lunde
(CEO)

Services
Derivatives, equity trading platforms, futures and options markets, market data, securities exchanges

Revenue
US$ 4.552 billion (2011)[1]

Operating income
US$ 850 million (2011)[1]

Net income
US$ 619 million (2011)[1]

Total assets
US$ 13.07 billion (2011)[1]

Total equity
US$ 6.581 billion (2011)[1]

Employees
3,061 (2012)[1]

Parent
IntercontinentalExchange

Divisions
New York Stock Exchange,
Euronext (Amsterdam, Paris, Brussels, Lisbon),
NYSE Arca, NYSE Liffe, NYSE Technologies

Website
NYX.com

[moorsie2] 13/12/2013 20:03

But who knows..

[moorsie2] 13/12/2013 20:03

NYSE Euronext......

[johnroger] 13/12/2013 20:00

There was some talk of Fidessa showing an interest some time back, just a possibility. Who else could be interested?