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Share Name Share Symbol Market Type Share ISIN Share Description
First Derivatives Plc LSE:FDP London Ordinary Share GB0031477770 ORD 0.5P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  -55.00 -1.83% 2,945.00 2,960.00 2,975.00 3,000.00 2,925.00 2,925.00 7,576 16:35:24
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Software & Computer Services 237.8 18.3 55.9 52.7 808

First Derivatives Share Discussion Threads

Showing 4901 to 4920 of 5125 messages
Chat Pages: 205  204  203  202  201  200  199  198  197  196  195  194  Older
DateSubjectAuthorDiscuss
08/2/2019
13:14
Because they don’t want to expose the revenue split between body count and software. The slides on “could kx be copied“ do not inspire confidence either.
ezram
08/2/2019
09:29
They said it would be a “meaningless exercise” to release the financial accounts of the Kx sub! How can that be meaningless?! It was the entire focus of the CMD and is clearly profitable, paying out £3m a year to the minorities. How can it be meaningless to disclose the economics of that subsidiary? This company’s governance is truly insane.
skatersav
07/2/2019
21:29
Let us see how we can all read the same document and take different conclusions I wonder did TW get his questions asked
ezram
07/2/2019
17:51
First Derivatives Investor Day Presentation: 102 pages, happy reading. Https://www.firstderivatives.com/wp-content/uploads/2019/02/CMD_Presentation.pdf
eagle eye
07/2/2019
17:04
Any info from the capital markets day
simonadvfn2
06/2/2019
17:32
The fact that they will lend money is a good sign. The rates are not on particularly good terms. It is bad news that such an overdraft is being asked for imho. What else is planned to be obtained? I have seen zero vetting on the value of previous purchases.
ezram
06/2/2019
11:34
Fair point. Confirmation bias and all that. I don't have any faith in banks as it happens but they usually have access to financial information denied to investors, at least at a more granular level anyway. FDP need to pay for the o/s balance due on Kx in June. Not sure the CMD will answer specific questions re numbers. They usually are pitched around strategy etc
sspurt
06/2/2019
09:10
Seems good news but you have too much faith in banks. Bankers are more driven by business/sales targets and the fees involved. Ask too many awkward questions and another bank will get the business. As for putting their own money on the line, surely it's someone else's money?
aa29
06/2/2019
08:55
Yes this is a big vote of confidence from organisations who would have looked in great detail at their finances and prospects, and have put their own money on the line.
mog
06/2/2019
08:36
NB Banks don't charge LIBOR +2-3% on £130m if you have cashflow and balance sheet problems. These are IMPROVED terms.
sspurt
30/1/2019
11:56
IG, yahoo, adv, all have conflicting volume data. Which is the most accurate?
badger36
30/1/2019
11:55
I guess TW will have another piece full of speculative innuendo to the detriment but skirting the zone of being deliberately libellous
badger36
30/1/2019
11:41
Good vol this morning. Looks like a run before the CMD on the 7th. Mog - 100% agree re accounting "issues". Anyone who thinks there is a problem here with accounting policies/disclosure is barking up the wrong tree. A look at the free cash flows over the last five years is enough to tell you that. The big issue for me is if Kx is stalling in its markets.
sspurt
29/1/2019
23:42
FD's 2015 report says when their holding went to 65% "The acquisition and the put are accounted for under the anticipated acquisition method." They don't explain this method, but from other company accounts I've found it applies where the buyer has committed to buy the minority interest, for example by writing a put option. Then they add the value of the put option on the balance sheet liabilities and otherwise treat the subsidiary as if they have acquired 100%. They do NOT declare a non-controlling interest anywhere. The key point is the put option making it an anticipated acquisition. Looks like this is all entirely correct by IFRS and consistent with other companies' accounting in similar situations.
mog
29/1/2019
00:27
To be blunt can I state that nothing dishonest is going imho. I do not think giving a breakdown of revenue by broad source (software vs consultancy) and sector (finance vs other) is a big ask. Nor would it reveal much of use to competitors. Not doing so has clearly damaged the company share price and hurt shareholders. The company have made a mistake with the information day IMHO btw. Making the event " invitation only " and essentially trying to control the content isn't a good approach, and adds fuel to a growing fire. Swiss do you have a professional relationship ( employee ex or otherwise ) with the company and/or are you still a substantial share holder? IMHO You have been a consistent contributor to this board and have always given a quite balanced view of the companies progress.
ezram
28/1/2019
22:30
Swisspaul, we’re not discussing speculation. We are discussing what the company has stated in their accounts! #faceslap
skatersav
28/1/2019
21:25
you dont respond to any market rumours, any NOMAD will tell you that. Nothing has been proven, so at the moment it is all speculation. If you or others think a fraud is being perpetrated then I suggest you report it as such, otherwise I wold be very wary about making accusations Mr Badger. On the side of transparency Ezra, why should they show that level of detail. do our competitors show that in their AR&A? - i think not. Let see how Mr market repsonds on the 8th - to me that will say more than the innuendo. best wishes to all
swiss paul
28/1/2019
17:34
Yes it would be much better if they were open about this. At the interims recurring licenses from fintech were up 9% to £13.3m and martech 42% to £9.8m so martech could well be overtaking fintech and there could be a lot more potential there. They did however also get a lot more perpetual licenses in Fintech, up 200% to £6.3m.
mog
27/1/2019
20:12
It's either creative/fraudulent accounting and the mere suspicion has decimated market cap so it behoves the company to set the record straight. Silence implies something is amiss
badger36
27/1/2019
14:38
I think what both of you two are saying is that the figures themselves need more detail. It brings to the forefront the need for the company to be more transparent about the actual sales going from Kx, both inside and outside finance and those revenues arising from the core initial group streams. Its not impossible that the Kx revenues inside finance have dried up, and no more large OEM size deals exist (only so many large institutions that these deals make sense for exist and most of these are customers from an inspection of the two websites history). That really leaves expansion then relying on deals in other sectors.
ezram
Chat Pages: 205  204  203  202  201  200  199  198  197  196  195  194  Older
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