Ft Fbt Discussion Threads

[geheimnis2] 06/10/2018 11:43

Great delusional thinking Nick!

You’ve been looking at the big picture for ten years plus now, right?

[nickb] 05/10/2018 20:20

Personally I’m Looking at the big picture of Cloud Video adoption not the minutiae of individual starter contracts.

[mcsean2164] 05/10/2018 18:34

Maybe another £100 per annum.

[chriscallen] 05/10/2018 17:29

IM liked a piece on the Scottsdale Progress a resurrected newspaper in the U.S. The link must be TownNews selling their services to other local newspaper groups and that must be good news as they add other news groups to the pot generating income but we won't get more RNS about this source as no win will be as big as the one already announced.

[bonio10000] 05/10/2018 17:18

I did a business valuation in a week that was more than that.

But they trumpet it like they invented water.

[mcsean2164] 05/10/2018 16:43

CC,

Appreciate that, just forgot how bad things are here for a little while.

You may recall FBT published a story in a magazine about this £15k deal



It's incredible. I would get bigger automation contracts than £15k. A company valued at £20million is RNS'ing and printing stories about peanuts.

I agree 100% with bonio, incompetence, let's hope that someone (GFinity ) is accumulating so we can escape this illogical train wreck.



Looking forward to a story about a new contract with the building maintenance engineer or maybe the local gardener?

[chriscallen] 05/10/2018 16:04

The problem with the management of news is that the BoD is damned if they do publish and damned if they don't. The cause of this is the very low annual turnover. Taking Gfinity as a case in point the announcement was made at the end of May 2017 when Gfinity's market was apparently growing at 41% and that rate appeared to be increasing. From the time of the announcement until 31/12/2017 FBT made sales of £15K which in a full year should be in the range £30K to £33K if there was no acceleration in growth. FBTs sales appeared to be declining quite rapidly at this point. If they continued to do so on a full year look and Gfinity hit a purple patch then an RNS might have been justified on sales alone. But the BoD actually said it was because this was a new, rapidly growing sector for FBT. Yesterday's announcement supports their decision. If they had not published the shareholders and the market might have had no knowledge of the new sector of activity. Personally I'd plump for more rather than less information whether it be RNS or trade release.

[bonio10000] 05/10/2018 14:45

Because the BOD is incompetent.

[mcsean2164] 05/10/2018 13:35

A friend of mine is working with a start up and he's had to talk at length tot he CEO of the startup about the cost of servicing a deal. They are getting lots of small sales but the sale doesn't cover the service cost on small sales, i.e they need 2 50k sales and not 10 small ones.

They're a startup with 8 people and there's no way they'd be rns'ing a 15k sale. The mind boogles. I don't understand FBT's business model at all. If they're hoping for a corporate takeover, why don't they approach the big companies to see who will buy them?

The fact they never talk about a buyout is the most worrying.....

[nickb] 05/10/2018 10:36

Our game-changing cloud video technology, Blackbird, received a lot of attention at IBC last month. You can read our thoughts about the show in our latest blog. #blackbird #cloudcomputing #cloudvideo hashtag#cloudadoption
(link: bit.ly/2zTQFDi

[mcsean2164] 05/10/2018 09:29

Good grief! I doubt £15k covered the marketing spend on Gfinity.

[bonio10000] 05/10/2018 08:21

As said before, eSports is disclosed as a separate note in the segmental analysis of turnover.

In 2017 it amounted to £15k, which would reasonably all be Gfinity.

It's money - but not big potatoes.

Meanwhile - how much did Sal spend travelling the world on this stuff?

[chriscallen] 05/10/2018 06:55

See Reflections on IBC on the Blackbird site. If they don't get extra income they must have a very poor pricing model.

[mcsean2164] 05/10/2018 01:46

Sounds good for gfinity, is it worth anything to FBT? Will FBT get something because they're using blackbird?

[sideshowbull] 04/10/2018 21:42

Well there you go.

ping ping kaching!

BWTFDIK.

[geheimnis2] 03/10/2018 20:14

More buffoonery in Q4?

You betcha!

[nickb] 03/10/2018 16:20

Microsoft is also doing something similar to Google project Stream for Xbox Cloud.

[chriscallen] 03/10/2018 16:03

Comments on Project Stream suggest a minimum of 25Mbps is required so there are a lot of areas in the UK in which it won't function.

[nickb] 03/10/2018 13:08

FBT picking up on the google announcement of project stream.

Video in the Cloud and gaming in the Cloud on a collision course I suspect.

Wonder if our Blackbird technology can help or should we worry that Google’s own technology threatens our Blackbird.

[nickb] 03/10/2018 10:29

MK
I think you are impressed by that development 😀👍

[_m_k] 03/10/2018 09:36

perhaps somebody who saw the java script editor at the recent show

[nickb] 03/10/2018 08:34

SSB
I think you could be right

[sideshowbull] 02/10/2018 21:16

Someone is buying, rule of trading, large sells or buys have recipients if the price is firm.

BWTFDIK

[geheimnis2] 02/10/2018 20:40

They would need a billion dollar cash pile!

Just a thought?