Fitbug Share Discussion Threads

[w0lf0fwallstreet] 19/11/2016 16:15

Big news this week fill your boots bottom reached on Friday the only way is up baby

[mudbath] 19/11/2016 10:32

Appcessories,the Glasgow based lifestyle and technology blogging team recently reviewd Fitbug.

Their views included :-

" Fitbug has made numerous efforts to be a leader in technology-driven wellness. Their products, especially Kiqplan, are designed for use by individuals as well as corporate users. Together, their products form four important pillars of a healthy and happy lifestyle; good sleep, regular activity, nutrition and coaching.
Even more convenient is its ability to connect to most devices and major fitness trackers. It’s 12-week programs consisting of challenges, motivations and helpful content are extremely helpful in creating meaningful individual progress toward set goals."

Looking at the three products we have reviewed, it is obvious that Kiqplan is their most successful venture. Its ability to understand the individual and provide customized guidance and coaching makes it a powerful tool in achieving fitness goals."

and concluded

"The world of wearables is evolving rapidly. With Kiqplan, Fitbug has created a platform that is bound to last for years and remain a strong brand in the wellness technology industry."

[mudbath] 18/11/2016 13:06

Today has already seen a massive turnover of Fitbug shares.Whether this is prefacing news of corporate developments remains to be seen.
Something though is certainly stimulating serious interest in this micro cap.

[hatey] 18/11/2016 09:11

A few buys and now you cannot buy online, quickly switched from being very weak at the open.

[mudbath] 18/11/2016 08:04

Pump and dump merchants,long term holders,speculators,newbies and anyone interested in Fitbug or the "Wellness" phenomenon are entitled to their opinions and agendas.

The world would be a duller place if we were all homogenised clones.

[dice1950] 17/11/2016 21:27

Avoid like the plaque he has had more suspended stocks than every poster on Advfn

[mudbath] 17/11/2016 18:22

Hatey.
Just keep an eye on the bid price.This could signal the next upward leg,once the price more mirrors the supposed current 0.24.

This is how Dr. Mark Ollila our Non Executive Director sees the future direction for Fitbit :-

"So how does Fitbit get me back? I am not compelled enough to buy wearable hardware at the moment. My Samsung fit is in constant reboot mode and I am hesitant to fork out $200 for a wearable that I will dig a grave for in the near future. What I am seeing is that there is an interesting possibility now to look at how revenue and customer loyalty could be driven by the concept of Hardware as a Service. No, not IT departments getting 1000's of PCs or such that they lease over several years from OEMs. I mean the idea that as a customer, similar to car leasing, that I develop a strong relationship to some technology brand with hardware and subscribe to them for the complete solution. This entails that new hardware (wearables or smart home , IoT gadgets) is provided to me over time as I continue to subscribe to the service. So Fitbit for instance could roll out a continuous program of new hardware for their users which is tied to their software solution to make life better and healthier for the consumer. I would absolutely subscribe to a monthly service of $19.99 from Fitbit that had new hardware and premium features in the software experience."

[hatey] 17/11/2016 13:24

Just pointing out that all the 0.24p trades showing as sales are buys and still
that price now.

Not sure why they show 0.24-0.25p when it's more like 0.23-0.24p

[mudbath] 17/11/2016 12:16

The Fitbug Group continues to focus on its pipeline of potential B2B opportunities working closely with its strategic partner Willis Towers Watson in South East Asia to explore further roll out opportunities.
Under the heading,"Marketplace Realities 2017. The search for growth",Willis Towers Watson identifies ,as a key example, the potential for supporting a healthy and productive workforce.

"We are finally attacking a prime example. Workers’ compensation and health benefits are still under different budgets and often in entirely different departments. But how different are they? Aren’t they both part of the same effort: to support a healthy and productive workforce? It would of course be a big change to bring those two together. But big change is what makes for growth and advancement. With conviction, vision and the data to back it up, we can make that happen."

I am not quite sure why FITB specify South East Asia when WTW enjoy a global presence.
Maybe a question for the AGM!

[w0lf0fwallstreet] 17/11/2016 09:53

It's about time Fitb had its day very very interesting developments

[mudbath] 17/11/2016 09:50

It's good to keep an eye on trading patterns hatey but I don't think FITB is quite ready to blow just yet.Indeed it would come as no surprise to see the share price worked back to to the 0.21/22 level.
There does seem to be much going on though at Fitbug.
The glossy brochures featuring our iconic Sally Gunnell are a good example of the company taking significant steps whilst not making waves publicity wise.
Any trading update(one was issued in December last year)could be the signal for serious investor interest.We might be presented with news of exceedingly positive developments on a number of fronts leading to an upward revision of revenue expectations for the second half.
Fitbug is a micro cap operating in a burgeoning sector.
Imo there is every chance we might see its transformation from a lame duck into a very fine swan .That is of course if a predator does not intervene first.

[hatey] 17/11/2016 09:26

0.24p trades of any size are buys, offering at bid price currently

[w0lf0fwallstreet] 17/11/2016 06:56

Heidi SteigerFitbug provides digital wellness solutions that empower employers to create a positive culture of health within their organization. By helping employees to embrace a healthier way of living, Fitbug can help maximise performance, reduce absenteeism, decrease the risk of chronic illness, and lower healthcare costs. My goals as a board member are to have input into the strategic plan, consult on M&A, and help accelerate the growth of the business. I will be accessing my network in the US, a key B2B market for the pioneering digital wellness platform that Fitbug is building.

[w0lf0fwallstreet] 17/11/2016 05:39

It's going to be Mega here today

[w0lf0fwallstreet] 16/11/2016 17:44

Something definitely going on here

[mudbath] 16/11/2016 15:14

Coincidence !
Anna Gudmundson Fitbug CEO sat on a panel at Bloombergs discussing "wellbeing" in between Pure Gym CEO Humphrey Cobbold and Virgin Active CIO Andy Caddy.
Christopher Lowe,Bloomberg TMT specialist subsequently tweets how he loves Fitbug as "one to watch in the near future".
Our CEO must have waxed lyrical over Fitbug's progress for him to express his opinion so robustly.
The fact that A.G. concluded by saying that at Fitbug they had a "very fast moving environment " is imo indicative of worthwhile momentum being achieved.

[twodegrees] 16/11/2016 15:08

remember that Open Offer - Directors' intentions to participate

Underwriting Update

Further to the announcements of 29 June 2016 and 20 July 2016, Fitbug Holdings Plc, the AIM quoted technology developer and digital wellness pioneer, provides the following updates in respect of the Fitbug Directors intentions to participate in the Open Offer, and an update on the Underwriting commitments.

Directors intentions to participate

Further to the Result of Open Offer announcement of 20 July 2016, the directors of the Company have indicated their intention to subscribe, at a price of 0.25p per share, for certain Open Offer Shares that have not been subscribed for by Qualifying Shareholders.

The directors buying at 0,25 was before the latest changes so the upside here is going to be even more than the current price. This rise today is only bringing us back to the price when directors bought...


so this was in july...new growth and Sally gunnel on board, so could we advance 50% from here....

[trt] 16/11/2016 14:30

Worth grabbing a few shares here I reckon !

[mudbath] 16/11/2016 12:58

It does have the flavour of an exciting punt hatey for there are several interesting strands relating to Fitbug's current situation.

Christopher Lowe,Technology,Media and Telecommunications specialist at Bloomberg has just tweeted:-

"FITBUG: love this CAMDEN based company .. One to watch in the near future as wellness tech evolves ⭐️ROCKSTAR"

It all helps to raise FITB's profile.

[hatey] 16/11/2016 12:23

I like the chart mudbath, so many stocks that have been stuck in narrow channels for
long periods suddenly break out and spike. Compare it with PPG for example.
If it starts moving I will have a gamble

[mudbath] 16/11/2016 11:43

Why so hatey ?
They could have acquired the whole company by not capitalising their indebtedness @ 2.5 pence per share, but chose instead to ensure that FITB remained trading AND a quoted company.
Now why would that be;unless of course they felt that Fitbug had a shot at success via their new Wellness division or had plans possibly for a reverse takeover.
Either way,unless the fat lady sings,their investment is in tact,if diminished.

[hatey] 16/11/2016 11:19

"At the same time, it is proposed that GBP8.4 million of the Company's existing indebtedness to Kifin Limited and NW1 Investments Limited will be capitalised into 336,000,000 New Ordinary Shares at 2.5p per share"

So basically they wrote off their investment ?

[hatey] 16/11/2016 11:09

Is the Advfn market cap correct/up to date ?

[mudbath] 16/11/2016 10:53

It could be a coincidence lovaine, but there has just been a sale transaction for one solitary share in Fitbug. These single share transactions are often followed by a company announcement and if so,Sally Gunnell could be in for a mention.
My fingers are crossed for I believe the company should make a big deal of her addition to the team,particularly as she has her own wellness programme.

[lovaine] 16/11/2016 10:34

WOW !!
Sally Gunnell , a winner and a legend.
Incorporating Sally into the Fitbug team should add greater credibility to the company. When the media pick this up, FITB could enjoy some good publicity. Everyone's a winner by the looks of it.