Fitbug Share Discussion Threads

[yoyo2money] 18/1/2017 10:16

From what I can see, the devices alone should generate over £1,5mil revenue.
Looks like share is massively discounted.
I'm in long term.

[brx7] 18/1/2017 10:13

Unloading to buyers

[mudbath] 18/1/2017 10:11

I took my profits,selling out at .45.
This may prove to be not the most profitable exit point but there does seem to be a serious amount of "pumping" around this morning.

Should the "dump" follow then I will be more than pleased to reinvest at sub .20,for there may be bigger fish to fry down the line.

[crackdown2020] 18/1/2017 09:53

Two weeks after my first post and we fly sky high.
Well done Bod!
Thank you in advance hehe

[stealive] 18/1/2017 09:37

I know major hospitals are starting to use these to assess patients.

[twodegrees] 18/1/2017 09:36

the exciting news I believe is that this is proven technology and the contract is a big enough number to start with to show that the plan is good. Now that this is underway others will look at it knowing it has been tried and tested so contracts should be easier to capture off the back of this one....anyone agree

[trt] 18/1/2017 09:27

The Asian market is huge and I would expect they are working on more contracts off the back of this one. Look forward to further RNSs in due course and further large share price raises as well. Clearly this stock is undervalued and the market reaction today proves this.

[chesty1] 18/1/2017 09:24

Cheers marmar Hopefully this is just the beginning of the recovery.Never thought it would open so low after the rns.

[ravin146] 18/1/2017 09:23

Morning all,

That is great news...the fact that they can still sell is great. Market is liking this indeed.

Note not even related to sally gunnell contract so, the pipeline could be building as a result of this...may need more funding to fund these contracts...hence the new NOMAD?

gl imo to the holder, well done

[trt] 18/1/2017 09:20

The Asian market is huge and I would expect they are working on more contracts off the back of this one. Look forward to further RNSs in due course and further large share price raises as well. Clearly this stock is undervalued and the market reaction today proves this.

[twodegrees] 18/1/2017 09:14

the exciting news I believe is that this is proven technology and the contract is a big enough number to start with to show that the plan is good. Now that this is underway others will look at it knowing it has been tried and tested so contracts should be easier to capture off the back of this one....anyone agree

[chesty1] 18/1/2017 09:13

Just playing with you dussel Huge potential here just wish I had picked up a lot more.

[dusseldorf] 18/1/2017 09:11

CHESTY1 - Still riding free shares. I'm actually looking to repurchase some assuming it cools down, else still benefiting, though to a lesser extent. Risk mitigation for me, it's still hemorrhaging cash.

[trt] 18/1/2017 09:11

More orders to come no doubt. Should see share price rise further from these levels.

[tradermick1] 18/1/2017 09:11

What a spike.

Crazy Aim, guess on LSE it's getting pumped crazy !

[isaready] 18/1/2017 09:10

what I fail to understand is, lots of people purchased fitbits at xmas. so what's their revenue going to be like, whats their possible profit if any.

There are copies out there, similar products though which may mean their life span is limited. If they can build a community feel around the technology, well being, then this will help. The watch alone won't last.

[trt] 18/1/2017 09:09

The market agrees what a jump in the share price !!

[isaready] 18/1/2017 09:09

Hi mudbath11,

Maybe you can help me. Do they not have a CTO of some sort who was behind the product?

Marketplace scale up?

150K is an acceptable rate of pay for a role in London. It's not out of the ordinary for perm CTO or lead to be paid 130/150K a year plus. 2001, it was 90K, so goes without saying, 15 years on, inflation bumps it to 150K

mudbath11 Jan '17 - 19:51 - 70 of 83 0 0
Well if this is cost cutting .....

"Fitbug are seeking to recruit a Chief Technology Officer for a Marketplace Scale-Up,encompassing a £150k++ package."

Other AIM companies manage to finance a full BOD on less.

Still,the package dovetails nicely with the general largesse that Fitbug demonstrates with pay levels,as seen for example in 2015, when just 27 staff mopped up £2,063,000.

[chesty1] 18/1/2017 09:04

Düsseldorf doh!!!

[dusseldorf] 18/1/2017 09:01

I sold my stake at 0.27p holding the profit as equity as I think the reaction is overcooked. Free stock, so win win. Good luck day traders.

[tradermick1] 18/1/2017 08:58

Sorry but 14,000 is smallfry

It's a step in the right direction but more than matched by the price rise currently.

[marmar80] 18/1/2017 08:53

Well done Chesty!

[phil1969] 18/1/2017 08:53

Only a £3.4m mcap. This is tiny compared with many wearable tech companies who are still in the development or pre production stages with mcaps many multiples of FITB due to being over hyped. FITB at these levels has suddenly been de-risked compared with its peers and should have an mcaps to show where they now sit in the market. 14,000 units is not smallfry!!!

[marmar80] 18/1/2017 08:50

How much net for Fitbug for 14000 devices?