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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
  5.00 0.17% 2,870.00 2,870.00 2,995.00 2,900.00 2,825.00 2,870.00 11,187 16:29:59
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Software & Computer Services 237.8 18.3 55.9 51.3 794

First Derivatives Share Discussion Threads

Showing 5126 to 5148 of 5200 messages
Chat Pages: 208  207  206  205  204  203  202  201  200  199  198  197  Older
DateSubjectAuthorDiscuss
27/10/2020
13:49
Growth at First Derivatives was stalling before the pandemic. The year to March 2020 saw 10% revenue growth, 13% net profit growth and just 1.3% normalised EPS growth. Respectable, but not what we require from such a highly rated company. I'd suggest taking a look at Craneware (CRW) as a comparison. Hard to conclude anything other than First Derivatives being expensive at today's price. Asagi (short FDP) -- edit: thanks for discussing fairly, I'm not trying to panic people into selling for my own benefit, just with a different view on the stock
asagi
27/10/2020
13:14
Asagi - you highlight an interesting point - which is how are they defining 'medium term'. I do agree with you - that P/E ratio could look heady depending on how we view this medium term. For me, its more about replicating the investment banking penetration into other sectors which would make MY medium term look very exciting (assuming FDP aren't bought out). I could easily see one of the big consultancies thinking about the cross-sell and customer acquisition advantages of buying FDP outright and drooling...
moreearl
27/10/2020
12:51
Asagi, good try - but this little pandemic that's been affecting the world was to quote that master of understatements (Donald Rumsfeld) generally an 'known unknown'. No one fully understood how it would all pan out. So the 'guidance' given out 12 or 6 months ago can be taken in context of the overall world Am happy to forgo my divi as in this current climate I think it might be an unwise thing to do, but hey lets look beyond the cloud to the silver lining, debt down by approx half - what not to like about that! b/w Swiss PS in case it slipped you by - they put some Red X in the tanks Release of version 4.0 of Kx to further advance our performance lead, representing a major upgrade with performance gains of 5x over the prior version
swiss paul
27/10/2020
12:23
Asagi Dividend will be revisited at year end. I expect it to be reinstated. So the divi is imo only postponed. Debt being paid down substantially gives more wriggle room.
mach100
27/10/2020
12:15
very fair points being made here. Let's look at last year's interim results statement: confidence in the achievement of full year results in line with consensus forecasts this morning: outcome for the full year remains uncertain, with a wider range of possible outcomes than is typical my reading: 'we might end up making a lot less than you all currently think' anticipate our high level of repeat and recurring revenue will underpin our performance for the full year my reading: 'it won't be a complete disaster but we likely won't see growth either, or we'd be suggesting so' excited by the growth opportunities in the medium term my reading: 'it could be awhile yet before we are able to report growth' While today's statement isn't a profit warning it is a clear steer that there is little probability of earnings growth in the short term. How does that square with current forecasts? Today we have been told that EPS for the first 6 months of the year is down 10%. For the full year, EPS is forecast to rise 2%. Does today's statement on current trading give you confidence that the shortfall can be made up? The following year, a 30% increase in EPS is forecast but there is absolutely nothing in today's statement that I could find to help me understand where this increase might come from. This time last year, consensus EPS forecast for 2021 was 97p per share. Today it is 61p per share. In that time, the 2022 forecast has declined from 107p to 80p. These are substantial falls. The rating is way over the top here. Still no dividend. Asagi (short FDP)
asagi
27/10/2020
10:51
The current trading and outlook looks reasonable to me. What companies can predict with accuracy their forward looking results in the middle of a global pandemic and economic shock? In truth i'd be more worried if they narrowed it down to one surefire scenario. We've rebudgeted our topline 6 times where I work for 2020/2021 and the comment on the lengthening sales cycles is repeated globally as investment purchase decisions will naturally be postponed (certainly until clarity on a vaccine hits likely 2021). The hires and upgrades to KX indicate a confident push gearing upto growth. With reduced debt medium term possibilities look optimistic and i'm still unaware of anyone's platform/solution/software even touching KX yet. They've basically wrapped up investment banking and are concentrating on different sectors to push penetration. My biggest fear is actually they'll get bought way before potential unfolds
moreearl
27/10/2020
10:40
I think you'd be a lot better off if FDP did have a record of over delivery.
aa29
27/10/2020
10:17
Asagi - yes but its always under promise and over deliver. The reduced debt was quite good and and that is a one positive. Unfortunately I could not attend the webex and am hoping that its been recorded. Still long!
swiss paul
27/10/2020
09:52
did anyone think that this statement: "Current trading and outlook We delivered a resilient performance in H1 2021, taking into account the macroeconomic effects of COVID-19 which saw lengthening sales cycles across the Group. The outcome for the full year remains uncertain, with a wider range of possible outcomes than is typical. Despite this uncertainty, we anticipate our high level of repeat and recurring revenue will underpin our performance for the full year. We are confident in our strategy and excited by the growth opportunities in the medium term and will continue to invest to maximise our market position." was a bit short on content regarding current trading? Asagi (short FDP)
asagi
27/10/2020
08:55
Nothing in the figs to move the dial. Cash conversion was a positive but short on specific news on Kx wins. Glad to see they have restarted graduate recruitment.
sspurt
27/10/2020
08:28
Pretty solidhttps://firstderivatives.com/news/first-derivatives-announces-interim-results-2020/?utm_source=Twitter&utm_medium=Socials&utm_campaign=Interim%20Results
badger36
26/10/2020
12:59
Figs tomorrow. I think it is too early to see an acceleration in Kx sales on the back of the increased sales resource and new appointments but I would like there to be optimistic noises about sales pipeline and/or new partnerships. I am expecting CV19 to continue to hold back business on the managed services and consulting side. We shall see.
sspurt
20/10/2020
13:46
I've owner thinly traded stocks but FD must be a record An expensive listing in NY and hardly ever trades. Surely it would save cash to delist from USBTW twlo has hit over 340 bucks Can fdp follow ?
badger36
09/10/2020
09:27
Tata group flagship firm Tata Consultancy Services (TCS) on Thursday became the most-valuable information technology (IT) company globally, surpassing rival Accenture for the first time.  At the last closing price of Rs 2,825, TCS was valued at $144.73 billion (Rs 10.6 trillion). Accenture is currently valued at $142.4 billion, while IBM’s market cap is $110.5 billion.  TCS now is much more richly-valued with a price-to-earnings (P/E) ratio of 34x compared to Accenture’s Interesting re partnership with FDP /Kx
moorsie2
28/9/2020
14:31
EPS +1% last year. EPS forecast to rise 5.4% this year (2021) then 21% the year after. Trades on 42 times 2022 number. Has debt. Dividend cancelled. Asagi (short FDP)
asagi
25/9/2020
15:56
Must be very naive those new Board members?Perhaps they should have checked with you first Easy be posting after the fact
badger36
25/9/2020
12:01
Hear now this, O foolish people, and without understanding; which have eyes, and see not; which have ears, and hear not. There are none so blind as those who will not see. You have been warned. If you want to see my record look at the BB of Arrow Global where I started shorting the price at 430p. Now 113p. I am confident I will win out here.
wiseacre
23/9/2020
19:53
Wiseacre in the words of Diana Ross - I'm still waiting. Either pony up or STFU
swiss paul
23/9/2020
09:12
Ha! Wiseacre, you sound so well informed (sarcasm in case you didn't pick that up) have you ever met them?
moreearl
16/9/2020
17:01
my largest finntech holding by far held through the doldrums and now starting to get really quite exciting
malcontent
16/9/2020
16:43
Thanks mog - i agree a nice hire and shows they're wanting to build credibility in the 'tech' space to justify their valuation. Personally can't see this breathing until £35, then it'll probs need a reset and may daudle for a while until good news pushes to £40.
moreearl
16/9/2020
11:03
They certainly shouldn't. Just to save anyone time looking this up, it's Steve Fisher formerly Chief Technology Officer of eBay Inc.
mog
10/9/2020
18:51
Anybody know if twilio work in same space as FD?They went from 75 usd to 34 and now 236 down from 250. The potential for FD must be similar?
badger36
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