Fd Technologies Public Share Discussion Threads

[algo1] 17/1/2018 14:00

MoorsieYour summary yesterday is what I'm also hoping for. Only question is the share price multiple. For me, the new vertical solutions amount to proofs of concept - if they go well, it's clear that KX has a massive potential footprint. The bigger boys have the resources to bring forward development and existing sales channels. They can also retain or spin off the consulting arm.Questor article:http://www.telegraph.co.uk/investing/shares/questorbuy-big-fast-data-firm-one-uks-truetechnology-leaders/amp/

[moorsie2] 17/1/2018 13:22

Can you post the entire wording?

[aa29] 17/1/2018 12:19

Rated a buy in the Questor column in the Telegraph today based on fund manager rec from Harry Nimmo, Aberdeen Standard life.

FDP is acknowledged as expensive on current forecasts but view relies on company to make more breakthroughs into new markets alongside the technology sector remaining strong.

Nimmo has held since 285p in 2010 and says strategy is to find fantastic companies such as this and hold them for a long time.

[moorsie2] 16/1/2018 12:10

I guess we will only find out in May with the full year results and updates on all Kx vertical markets.

Standing back from this share it is evident that Kx as a stand alone company did not have the scale or resources to exploit its product fully. That was the beauty of the FDP acquisition as they had much more consultants on the ground and the capability to do more with the technology.

But FDP is only small fry compared to the very big players in database software and implementation - so the value that FDP can exploit from this (as evaluated by Citi) is most probably less and significantly less than a market big player can do. that's why I foresee a takeout at a number of times today's valuation.. The longer that is put off the better it is for us private investors to maximise fully. Worst thing that can happen is for it to be bought out too early

[algo1] 16/1/2018 11:49

The report is dated 12 Jan 2018 and is the one referred to in RNS. I have not read it but my guess is that they are making a best case scenario for a 60/65 quid share price but at this stage initiate cover with 50GBP. Seems Citi is being a bit conservative?

[moorsie2] 16/1/2018 11:20

Hi Algo1 - is that a 2nd report by Citi? That is , is the report referred to out next week or does it refer to the broker coverage started last week??

On the broker coverage it had a price target of 5050

[algo1] 16/1/2018 11:06

Citi report subject to public embargo until next week but it's title sums thing up: "FDP.L Big Data Play Offers Potential +55% Bull Case Upside".Authors are Kyle Twomey, Michael Goldman and Charles Mortimer.+55% = >£60 SP

[becalm] 16/1/2018 10:44

hxxps://www.americanbankingnews.com/2018/01/14/first-derivatives-fdp-receives-new-coverage-from-analysts-at-citigroup.html

[sogoesit] 16/1/2018 10:01

Berenberg today says HOLD from buy with TP 4200p

[moorsie2] 15/1/2018 13:39

Can anyone get their hands on the Citigroup broker buy recommendation??

[sogoesit] 15/1/2018 12:57

Thanks Moorsie.
Yes noted. It was the investment in growth and its impact that I was alluding to.
But it's a relatively early story so I expect some time until it stabilises and we see economies of scale kick-in.

[moorsie2] 15/1/2018 12:19

p.s. also the beefing up of the board with an expert in global software sales is a very positive sign

[moorsie2] 15/1/2018 12:18

Welcome onboard Sogoesit.

It is important to separate the underlying profitability and the ongoing acceleration of investment in future growth.

When results come out for full year to the end of Feb in May or so this is the key thing to watch for

[sogoesit] 15/1/2018 12:00

Looks interesting growth story.
Hopefully profits will keep up with revenue growth.
Just seeded my first position... hopefully more to come!

[moorsie2] 12/1/2018 16:05

Just saw that myself Mach100

That is excellent news that such a large analyst firm is now covering it and places its first value over 50 quid a share!

My personal expectation of 60 by end of 2018 is not so unrealistic then....

[mach100] 12/1/2018 13:36

Citigroup today initiates coverage of First Derivatives PLC (LON:FDP) with a buy investment rating and price target of 5050p.

I'll buy that for a dollar! looks like the chances of success here are 5050

[moorsie2] 04/1/2018 09:59

Last big trades were 91k shares at 41.75 on 28th/29tth Dec

Today - 29k shares at 42.30

The big buyer is still active

[moorsie2] 02/1/2018 12:13

the fact that such a company is profitable never mind paying a dividend is remarkable. The amount of investment needed to scale up and capitalise on such technological advantage is huge.

This share has transformed from a consulting business to a software and world leading technology company in the last three years. This is only being recognised and rewarded now.

Analysts and the market are only catching up on this change

[mach100] 02/1/2018 12:08

Yes quite perky again today. The capital growth to date is phenomenal and although not complaining it is only serving to make the dividend yield miniscule.

[johnroger] 02/1/2018 11:04

A good start to January with the price up almost £2 this am

[swiss paul] 31/12/2017 21:56

Happy New Year to all

[moorsie2] 29/12/2017 12:50

Happy New Year to all holders.

Bring on 2018 :)

[moorsie2] 29/12/2017 09:19

Another 41k of shares at 41.75

The big buying continues

[moorsie2] 28/12/2017 14:39

50k shares bought at 41.75 just now.

That is constant large tranche buys from 35 up to now 41.75 in the last three weeks. Feels like there is a large buyer prepared to pay up to 45 a share to get a position here. Let the trend be your friend :)