Fd Technologies Public Share Discussion Threads

[badger36] 02/6/2021 20:18

Mrs Conlon should sue both the BOD for failing to perform their fiduciary duties by appointing an insider to a position way beyond his pay gradeSecondly the re-pricing of the option is another indication of greedThe abolition of the dividend to shore up the balance sheet rather than cutting costs Lastly whoever advised her to hold on to the balance when the death of KX as a disruptive tech was signposted many moons ago by the departure of key developers

[asagi] 02/6/2021 15:31

weirdly, I think that the problem here is less the management or the company. The problem is the share price.

The revenue and EPS growth is simply not worth the valuation. 44 times forecast earnings for 2022 after five years of EPS growth going backwards.

Who the heck is advising Mrs Conlon?

Asagi (short FDP)

[badger36] 02/6/2021 14:06

Not long now once it goes below 20 it's panic on the ratiosCan they have the effrontery to re-price the options or let key developers leave for lack of financial security Keating needs the boot.Conlon's remaining chunk next to be dumped before it's worthless

[badger36] 02/6/2021 10:09

Need to lower the option strike AGAINGood stuff now that the teens are a certainty Ratio of debt/equity next up Raise ?

[asagi] 01/6/2021 11:18

KX showed just 10% recurring revenue growth in 2020. The market is currently asking people to pay 43 times forecast (Feb 2022) earnings for that.

"Targeting growth in KX exit annual recurring revenue (ARR)* of at least 25% for the current financial year"


that's not an exit run rate 25% higher than at the same time in the previous year. It's a target of 25% uplift in recurring revenues for the year.

Last year we got a trading statement on July 8th, hopefully we will hear of progress again at a similar time this year.

Asagi (short FDP)

[badger36] 01/6/2021 09:31

They would rather let the ship sink than do the right thing. Anyway the 300 hires is seen for what it was: a desperate attempt to hoodwink the market that they actually needed them when in fact it was cost cutting that was required If FB and Goog are losing key developers to TikTok what hope has a boring service with legacy products have KX is now the raison d'etre Once it's clone is out there turn off the lights

[asagi] 01/6/2021 08:34

The inability to bring in an outside CEO is nepotistic

I guess people might look back on that as a warning sign.

Asagi (short FDP)

[badger36] 27/5/2021 08:55

Typical parasites. Never buy out of own pocket. They will be repricing again for sure They one beauty for shorts is once they vest it crystallised a CGT liability They will then sell them and that's more downward pressure

[sharpish] 27/5/2021 08:33

Page 118, 2020 annual report "During the year the company modified the exercise price of a tranche of share options previous issued from £25.37 to £22.35"Share price goes down, option exercise price goes down.

[badger36] 26/5/2021 19:26

You can rest assured Tata will not pay above the odds Drive a hard bargain but with their backs to the wall I guess "any port in a storm" will do Company is floundering looking for a white knight

[asagi] 26/5/2021 16:47

This was a bit whiffy to my mind. Released with the set of finals before last:


no value specified. No date that the agreement came into operation specified. Just put out at the same time as a disappointing set of results, in a likely attempt at hyping perceptions of the company as a growing global player. A real red flag moment.

Asagi (short FDP)

[badger36] 26/5/2021 15:11

Not far off the teens now Key staff have nothing to keep them now as the options are becoming less and less rewarding As it sinks into a spiralling negative debt ratio it's only a matter of time until we hear of staff layoffs The mirage of 300 highly skilled hires will be seen for what it was: a desperate attempt to hoodwink that major contract wins were in the pipeline What we got was noses in the option trough

[badger36] 26/5/2021 08:27

Yes indeed. To throw in the sectarian comments outs Simon as suchIf that's the excuse for a 50% collapse, cancelled dividend and failure to control costs well...

[swiss paul] 25/5/2021 20:54

me thinks Simon is local - and I mean very local to the base

[ezram] 25/5/2021 19:58

must be a loyalist thing.

What this mean

[badger36] 24/5/2021 22:16

Simon all you need do is look at the chart?

[simonadvfn2] 24/5/2021 21:43

You guys need to get a room and just private msg each other.No-one else is talking or cares about the wife of the founder.I also don't know of any intelligent investor who would reveal their insights to the miss pricing of a company. Isn't it wise to hold that information so you can make a more informed decision? Unless of course you want the price to go down for your own benefit. Would seem odd given you wouldn't have the ability to short the stock so I have to question your intentions. Ah I know.. must be a loyalist thing.

[badger36] 24/5/2021 20:54

2 shares traded in US at 32.03$That's some comment

[badger36] 24/5/2021 19:03

Meanwhile twlo at 324.35 get an upgrade today and seen as cheap by CRFAAn attractive entry point at 324 and this pos is 50% than a while ago Needs a complete clear out and sell the remaining asset as these fools have not a clue

[asagi] 24/5/2021 16:41

"Is First Derivatives still cheap?"

that could have been a much shorter article.

Asagi (short FDP)

PS here it is:

[badger36] 24/5/2021 13:57

Is First Derivatives still cheap?According to my price multiple model, where I compare the company's price-to-earnings ratio to the industry average, the stock currently looks expensive. I've used the price-to-earnings ratio in this instance because there's not enough visibility to forecast its cash flows. The stock's ratio of 68.2x is currently well-above the industry average of 61.94x, meaning that it is trading at a more expensive price relative to its peers. In addition to this, it seems like First Derivatives's share price is quite stable, which could mean two things: firstly, it may take the share price a while to fall back down to an attractive buying range, and secondly, there may be less chances to buy low in the future once it reaches that value. This is because the stock is less volatile than the wider market given its low beta.

[asagi] 24/5/2021 13:38

"Wait until Mrs Conlon clears out her balance and this could hit 12"

that's closer to the price that it should be badger36.

But I think that true value is lower still.

Asagi (short FDP)

[badger36] 24/5/2021 13:24

3 years ago to the day this was 46Creative accounting is your only way Wait until Mrs Conlon clears out her balance and this could hit 12