First Derivatives Share Discussion Threads

[swiss paul] 28/8/2019 16:25

Badger - can you provide copy please as not a subscriber. thanks Swiss PS who does not use accounting gymnastics these days that is why the UK audit profession is held in such disdain

[badger36] 28/8/2019 16:04

Interesting article in the Phoenix this week. Not exactly complimentary and citing accounting gymnastics mainly the spend of 10.7 m on software development and only capitalised 8.6m which boosts bottom line by 2m.Can't justify trading at 31 p/e multiple and slowing growth and no obvious successor the BC(RIP)

[skatersav] 28/8/2019 10:32

"You don't respond to this sort of thing." Would you be kind enough to expand on that opinion, Swiss Paul? I'm scratching my head... Normally, I find your arguments cogent and so I'm assuming I have misinterpreted what you are saying here. Do you mean FD should ignore the articles released by ShareProphets? Or do you mean they need not, in your opinion, make a public statement about the lawsuit?

[glavey] 28/8/2019 06:19

Storm in a teacup. Badger, without evidence you just guess and present as fact. Foolhardy.

[swiss paul] 27/8/2019 15:25

You don't respond to this sort of thing.

[ezram] 27/8/2019 09:24

Clearly the management think they have achieved nothing wrong They should issue an RNS calling out TW

[skatersav] 27/8/2019 07:23

I would have thought there would be an RNS out at 7 this morning (as there should have been at some point last week).

[sweet karolina2] 25/8/2019 21:02

Https://drive.google.com/viewerng/viewer?url=https://www.shareprophets.com/partners/1191000-1191229-654782_2019_tower_legal_staffing_v_tower_legal_staffing__summons___complaint.pdf Here is the summons.

[skatersav] 25/8/2019 12:20

nobody can say they weren’t warned. Bad luck to all you baggies still holding this thing. Staffing is not worth 40x earnings! Can’t wait to see the RNS on this one. :)

[ezram] 24/8/2019 17:35

That is not ideal

[waterloo01] 24/8/2019 15:45

I'd avoid shareprophets then unless you're short!

[ezram] 23/8/2019 13:08

Retail investors are last to know Terrible

[badger36] 19/8/2019 00:05

Don't forget the estate of BC will be offloading and I mean that with the greatest respect to his bereaved colleagues and family but that is a fact of life for us all

[badger36] 19/8/2019 00:04

Guess the oft promised buyout has dissipated by now

[ezram] 18/8/2019 20:09

If you are that concerned you should close out. I am sure Aqua has been eating into revenues of FDP. The relationship between the companies was lukewarm at best. I fear with no senior driving influence FDP price will plummet further.

[badger36] 18/8/2019 17:14

Don't think aqua are in the same space. FDP was supposed to be industry leaders and after the Red Bull deal it was assumed more enterprise growth would follow. The announcement of an extra 300 developers now appears to have been a red herring to disguise declining nett income and it is now seen as a "come and get me" before we become unaffordable. Well TW put the kibash on that when he challenged some of the accounting and the sad demise of BC has left them naked. Market has lost confidence in these bozos I'm am a long suffering holder so those that claim that any negative comment is the work of a short have decided to ignore reality and that is clearly seen in the collapse in market cap

[ezram] 17/8/2019 12:59

Badger are you an employee or ex employee? Are you familiar with Aqua, another company in the same space?

[ezram] 17/8/2019 12:52

A harsh assessment at this stage. It takes time to make changes. Time is running out though.

[badger36] 17/8/2019 08:59

Sadly after the untimely passing of BC it appears then shoulders onto which it fell have proven ineffective

[ezram] 16/8/2019 16:05

If an undisclosed issue appears and is not reported in means the CFO and senior management are complicit. If the projections and sales figures have been massaged same thing applies. With share price falling staff retention via options is diminished. Can the senior management react? A vote of Confidence would be a set of director buys.

[badger36] 15/8/2019 16:23

Looks TW was right Nothing now but stock in free fall being further discredit and thereby any client will run a mile fearing a serious underlying undisclosed issue with either accounting gymnastics or software security issues

[badger36] 15/8/2019 11:48

No need to be the comments of shorts that irritate it's that of a disgruntled long that has seen this pumped by management to 46 only for all the statements to be puffery on potential

[ezram] 06/8/2019 15:50

I’m happy to listen to both points of view. But when persons are just trolling it begs the question “ why troll”? my outlook now is flat here so people can see how transition happens and what planning was achieved in last months

[malcontent] 06/8/2019 11:09

shorters rarely provide evidence they just want to stoke fear