Fd Technologies Public Share Discussion Threads

[badger36] 29/11/2019 13:49

All the tweets and stock falljngv

[mog] 14/11/2019 14:05

Kuvari Partners are reducing their short position according to this

[mog] 07/11/2019 07:23

Some thoughts on the competition. Obviously competition in a new market like time series databases (TSDB) is a double edged sword. On the one hand it has the potential for taking away business, on the other hand new entrants show that there is a strongly growing market.
Companies like InfluxData and Timescale have started up in the last 5 years. They are private so there's not much information but they have raised totals of $119m and $31m, InfluxData $60m just this year. Those companies and their investors see the huge potential of TSDB.
FD are investing in TSDB from their own resources and debt rather than issuing huge amounts of equity, which should be better for shareholders. They're also collaborating with third parties. FD's investment in Kx is probably ahead of the competition so on that simplistic basis should be able to compete very well, at least they are not being swamped by a competitor spending billions.
One thing the competitors bang on about is being open source. Well that's a way of widening the user base with students and hobbyists but not a great way of making money on its own. It looks like FD are responding but in a measured way.

They really should be able to attract a top class CEO to push Kx forward, although they may not want to relocate to Newry (attractive though it is) so may be based in the US or London, it's going to be very interesting to see who they appoint.

[mog] 05/11/2019 11:15

Yes pleasing results, revenue, profits and dividend all up 10-12%, and they confirm forecasts around 12%.
Bit of a glitch in licence revenue as one-off perpetual declined but recurring increased for overall up 3%, but the recurring bodes well for the future.
Cash balance up from £13m to £20m (all the extra borrowing was spent on Kx so didn't contribute to cash)
Widening the base of Kx users - made developer tools available to all enterprise customers, released a number of software tools as free and open source versions.
Looking forward to the shorters having to buy back their shares.
On tenterhooks for a new CEO to really get this going.

[sspurt] 05/11/2019 10:54

Well done FDP. As good as hoped and H2 should good news on a number of fronts. More than happy with progress and all the OEM software work should yield long term annuity type revenues over the long term

[craffert] 05/11/2019 09:11

Solid numbers across all fronts. And crystal clear accounting. If they can achieve this despite all the headwinds of 2019 they have a very bright future as the tech world discovers the power of Kx.

[swiss paul] 05/11/2019 08:51

Seems ok to me - am sure the bears will try another raid

[jomool001] 04/11/2019 12:43

@jspuds, where did you learn that COO is moving on?

[sspurt] 01/11/2019 10:28

Figures and analyst presentation on Tuesday. Looking forward to hearing about progress.

[badger36] 30/10/2019 08:53

Judging by volume of late it's just dead. No deals. All the hyped up 300 employees was just bluff

[jspuds] 29/10/2019 16:56

No sign of a CEO announcement? Wonder is anyone lined up
Also, the moving on of the COO is troublesome
Glad I got out around the 30 mark (albeit at a small loss)

[badger36] 23/10/2019 11:06

High of 48 to 20. Nuff said. Accounting gymnastics won't keep you floating for long. Pathetic

[glavey] 12/10/2019 05:15

Hmm, that's probably a 'no' then, I guess...

[badger36] 11/10/2019 10:16

Funny when the market proves the pumbtards wrong the standard answer is why haven't you sold out rather than addressing the abysmal performance Perhaps the rumours of incompetence and staff disaffection are facts rather than what dreamers want to believe as "rumours"

[glavey] 09/10/2019 01:08

Sold out then?

[badger36] 08/10/2019 22:58

No need to talk it down: it's now viewed that TW was spot on Ineptitude, lack of clarity in accounting, failure to get new product revenue....It's just a basic service business and product seen as legacy

[ezram] 08/10/2019 21:41

Badger36
What is the goal? If it is to talk down a share price, then you are failing miserably

[badger36] 08/10/2019 18:51

Down 6.5% in US. They sure are living on borrowed time as without a major win all those new hires will be shown the door

[badger36] 03/10/2019 09:59

Yes indeed and not at all happy with the lack of development notwithstanding the untimely demise of BC. The company is and was not just "one man" and sadly the performance of the team as a a cutting edge outfit is very disappointing

[glavey] 03/10/2019 06:32

badger36 - 14 Nov 2018 - 08:53:39 - 4740 of 4986

"Have a large position bought at 29 and 38"

[badger36] 02/10/2019 10:32

Big miss in not getting the Paddy Power/Flutter business. Another missed opportunity. Not capable of the growth plans they kept shouting about. Bluster accompanied by ambiguous accounting policy set this up to destroy shareholders value. Heads should roll

[mog] 01/10/2019 09:01

I guess it will take 3-6 months to appoint a new CEO, we've had 2 months so hopefully by the end of the year. An external appointment would be good news.

[mog] 24/9/2019 21:03

Just to note the legal action was discontinued on 23rd August with a "notice of discontinuance without prejudice"
hxxp://iapps.courts.state.ny.us/iscroll/index.jsp and then search for case 654782-2019

[badger36] 09/9/2019 08:42

Cafe pharma is a similar vector of frustration, rumour, lies, genuine concern but most are from people who either are unsuited or incapable of the job and the fault lies in the recruitment firms who earn a handsome premium on using unqualified junior staff to assess the candidates. I've heard now of CVs being culled by scanners that look for certain key words which are the new stock in trade of MBA schools but are meaningless