Flying Brand Share Discussion Threads

[ryan83] 01/9/2015 10:37

Nick, look at the post agm RNS, liabilities gone, only asset £60k, then they have CLNs convertible at 1.1p

[the stigologist] 01/9/2015 10:16

lol

ryantard the financial expert

can you tell us the difference between a bond paying 7% interest and having a 7% equity interest in a stock ?

[nick rubens] 01/9/2015 10:15

Just looking in the balance sheet and shows negative net assets of £40,000

Have I missed something in terms of financial accounting or is this correct and the company has no assets at all?

[clocktower] 01/9/2015 08:06

What a lot of twaddle being talked about on the older FBDU thread. This is a very high risk play and not one for widows or orphans as can be seen by the recent ramp that was only to fall on its face the moment the RNS was issued. What is odd the ramp started on the day of the RNS which was issued after mid-day. So did someone have wind of it and its timing?

[swizz] 01/9/2015 07:57

ryan, Indeed he does......GL S

[ryan83] 01/9/2015 07:53

Riddler you really need to read the recent RNS's.

They had £60k cash after disposing of ALL legacy assets leaving them an empty shell. then they set up the convertible loans as a source of cash to keep the company going upto £300k worth at 1.1p. Therefore if they need any of the £300k it turns into stock at 1.1p, just like the first notice of £25k. I think there is £259k of the convertible loan left. Therefore say the current mar cap is £300k, if all the convertible loans are converted and that can at 1.1p then the shares in issue will double, so £600k with £300k cash. However there are a couple of things, one bieng that Trevor Brown the CEO has stumped up £150k of them and a company he owns has stumped up another £125k for these convertible loans. This gives confidence on a few measures, 1) his interests are aligned with investors, 2)once converted they should be tightly held and not supplying the market 3) fact CEO is stumping up this cash suggests there is a plan.

Gla

[3riddler] 01/9/2015 07:42

FBDU will be the next multibagger, more cash in the bank then market capital, ii buying, directors and most ii bought above 59p, current share price 1.40p. Only 30 million share in issue and 37% of that not in public hand. New investment news anytime

[datait] 01/9/2015 07:07

will end up suspended

[3riddler] 31/8/2015 22:27

FBDU is likely to top the riser board tomorrow again

[3riddler] 31/8/2015 22:03

Lot of interest on FBDU, Twitter crew at it too, could bounce to 3p short term, only 30 million share in issue and 37% of it not in public hand. Next investment news on pipe

[swizz] 31/8/2015 21:46

Silenus have reduced and the shares they have sold, have been acquired by Sunningdale, that said, it is still an intriguing development and it appears to have been an off market transaction, the background of Sunningdale is equally intriguing, as is the directors and associated connections of Sunningdale, one to watch and it is worth researching further IMHO,.....GL S

[3riddler] 29/8/2015 14:28

Old story: The shares are down 50%, the profits are poor and there was no dividend, so things aren't that good for the company. However it is sitting on £6m of freehold property and has net debt of only £2m. The year's share price high was 251¼p and word is if Sir Tom was to table a cash bid in the region of £50m, or £2 a share, everything in the garden would be rosy.

[3riddler] 29/8/2015 14:15

Silenus Investments Limited increased their holding from 5.23% to 10% now, they could buy more.

Sunningdale Investments Limited bought in 5.12%.

This 2 company bought in last month, other large holders still have same holding

[3riddler] 29/8/2015 13:30

Major holders haven't sold anything: hxxp://www.flyingbrands.co.uk/shareholder-information/

[3riddler] 29/8/2015 13:29

Out 28 million share in issue, 37% is not in public hand

[3riddler] 29/8/2015 13:10

FBDU current assets 287 million and mc only £300k, directors purchased above 59p

[3riddler] 29/8/2015 12:32

I have taken a position here, it should return 70 to 100% short term, current mc £300k, share price dropped all the way from 150p to 1p.

[clocktower] 26/8/2015 10:14

At the price you got them swizz they are as you say a fair punt if you are happy to sit and wait for the spikes and take profit where you can from time to time. It maybe some time coming and nothing may come of it in the end. However there are much better punts out there imo, and many already have businesses that are of some value. This is not worth a cent at present imo.

[ryan83] 26/8/2015 10:08

a spike to 2p on nothing had to be sold, I am a buyer at 1-1.3p, simple really.

[swizz] 26/8/2015 10:06

ct, setting aside yesterday's noise, as you have suggested in your header, there is a decent enough back story to be reviewed, for me it stacks up to have small amount invested here IMHO and I have added today......GL S

[clocktower] 26/8/2015 09:43

It was pretty clear what it was Stig but there seems to be some support today. Dilution will continue to occur with the outstanding loan note come what may.

[the stigologist] 26/8/2015 09:16

lol how brazen

yesterday he claimed he was 'happy to wait' today he claims he dumped without telling anyone



A new start but will what comes next FLY? - FBDU

ryan83 - 25 Aug 2015 - 14:26:15 - 28 of 42

the announcement of the deal is what we are waiting for yep. Happy to wait


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ryan83 26 Aug'15 - 09:13 - 190 of 191 0 0

FBDU was a good trade cheers. Buy low sell high, thats how you trade stig

[the stigologist] 26/8/2015 09:02

oh dear frauddy strikes again

ryantard very quiet, probably dumped but won't say that

typical aim cesspit pump and dump antics