Fd Technologies Public Share Discussion Threads

[moorsie2] 25/5/2018 10:55

not so sure about that - steady trading in 45-55 range over the coming months is my guess

[sogoesit] 25/5/2018 10:54

4400 done; now for the real test of TA ... haha:
Next TP should be approx. 5300 (recent top to trough of the big "U" added to the high) although continuation of the trend before it broke on 29/01 should see it well over 5800 in next few months.

[moorsie2] 25/5/2018 09:42

This is not the type of stock to try and trade in and out of.. Too illiquid and you can find yourself locked out

[moorsie2] 24/5/2018 17:55

Exactly my point.

The scale benefits for a bi industry player to utilise and deploy is absolutely huge and not even remotely represented in todays value.

Remember Kx was effectively a two person company for years. Then finally acquired by FDP they had now resources to exploit its opportunity. Conveniently at the same time its product was in great demand due to the explosion in the generation of data.

The value to a really huge IT company I in many billions not 1 billion as the price presently represents.

Buy , put away and smile at what it will give you over the next two years...

[sspurt] 24/5/2018 17:04

Moorsie - it is but to exploit Kx in all the possible verticals and in a timely manner requires resource currently beyond FDP's reach. They know the upside is huge but are constrained by keeping cost growth in check to keep shareholders happy. Different avenues to market are being explored in order to accelerate the process which should make a difference but if not I can see BC bowing to the inevitable. No clue what this means for the share price though on 50x current year...

[mach100] 24/5/2018 16:00

Nicely above it now with some selling at 4360p. it would be great to hold up above 4300p at the close.

[moorsie2] 24/5/2018 14:43

Busted it!

[mach100] 24/5/2018 10:35

Can we break through 4300p? If not we will tread around the range of 4100p to 4300p as we wait for direction. Important resistance in my opinion.

[flybyknight] 23/5/2018 13:50

We think more ( minor impac t) news to come in next 8 weeks.

Top up at ~38 looks like a good decision. Quick return of ~5% + potential divi if wanted. Holding on to 4800 and enter at below 4050 if possible.

Staffing is biggest issue with this in our estimation. We expect to see movement on this sooner rather than laterm.

All good. Safe investment.

[sogoesit] 23/5/2018 13:23

Berenberg raises TP from 4200 to 4300 today.

[mach100] 23/5/2018 12:34

Brave prediction but you have been on the money all the time here Moorsie. Certainly hasn;t retraced as much as I expected. I have been accumulating at 3750 to 3900p recently as I feel 4300p is certainly possible. It is a good indicator that even though news is out there now that the price continues to hold up.

[moorsie2] 23/5/2018 10:14

The market is struggling to hold the price at this level. Expect a kick on to 4300-4400 within hours..

[moorsie2] 22/5/2018 16:45

Another strong end to the day here. A classic sign of MMs short of stock and needing stock to fill orders.

Expect it to finish the week on Friday above 4500

[moorsie2] 22/5/2018 14:03

Walbrock - your analysis is good but fails to take into consideration the acquiring of Kx in circa 2104

This was hugely transformational for the valuation as up to that point the company was simply (though very successfully) a consulting company with a license to use and sell Kx product.

The combining of this technology with a scale company of consultants to sell and install it has created a very new valuation. Success at this level brings it onto the big table of successfully deployed IT world leading technologies.

I have held since 2005 and am still not selling a single share :)

[walbrock82] 22/5/2018 13:27

1). Long-term shareholders in First Derivative will know the company made them lots of money. Since 2010, the share price rose by 2,000%.
2). But, has the shares risen too far? Has the company fundament caught up to valuation? Is FD likely to face a correction? For more analysis,

[moorsie2] 22/5/2018 11:40

Hence why I cannot see this company staying independent

Market size huge,, technology world leading ..... Cash rich technology companies looking for the next angle and breakthrough of growth and uniqueness

[johnroger] 22/5/2018 11:08

Stand out paragraph for me

"The market opportunity for our platform and applications is enormous. During the year, working with industry analysts Gartner, we assessed its value, based on annual licenses alone, at least $63 billion in 2018 rising to $83 billion in 2020. The market for professional services associated with these licenses was estimated at a further $23bn for 2018"

[algo1] 22/5/2018 09:18

Further progress and increased div. Nice.we can debate the financials but this one IMO is all about the day when a FIS or Google or Masayoshi Son come knocking on the front door. That's when the real money will be made.The tech is solid and all FD have to do is keep calm and carry on.

[sogoesit] 22/5/2018 09:10

A bit like Fidessa then (one I missed!).

[moorsie2] 22/5/2018 08:33

In a recent interview, Mark Costar Fund manager of JO Hambro CM had the following to say about Kx Systems - a division of First Derivatives plc
“First Derivatives, via its Kx technology, has been investing consistently in R&D, in people and systems…And that has left it with the most competitive, most powerful and most interoperable, scalable database solution in the market, even more powerful than Oracle and Amazon


Pretty amazing statement!


This guy would have his facts right so it is impossible to see FDP staying independent over the next two years as this technology gets folded into a huge tech firm with a mega bid..

[sogoesit] 22/5/2018 08:21

Looks encouraging, solid as you say moorsie, but maybe has to move into the current valuation. Martech and "Other Markets" producing high growth compared to FinTech.
Let's see how the new clients and business in the pipeline generate profits (revenue was up 22% but so were costs).
Good luck.

[moorsie2] 22/5/2018 07:55

solid set of numbers and with none of the revenue from the major new deals in it based on the commentary...

Very happy with this update

[sogoesit] 21/5/2018 20:27

The free float is about 61%.
I think moorsie is right that the stock is “tightly held” with five principal shareholders owning over 50% of the stock.
The price action also bears this out ( abrupt changes in price on little relative volume) ... much like PPH.
It’s usually when major shareholders are induced to sell to “satisfy market demand” for stock that “traders”; begin to overly influence the price and trade takes place less on fundamentals and more “noisy”.
Anyway that’s my experience with the likes of BOO and FEVR recently.

[mach100] 21/5/2018 19:13

Very strong into the close! It would be great to hit new highs after results which I expect to be very good. The sell on the news brigade are the ones to watch. Moorsie is right though that trying to trade FDP is very trappy!