Ft Fbt Discussion Threads

[geheimnis2] 23/10/2018 20:47

Do I detect the hand of Vic Steel in recent successes?

Is the Prince over the Water about to return????

[mcsean2164] 23/10/2018 19:57

The Irish have Fr Ted and the underwater hairdryer. The British have Monty Python and FBT.

The real question is; what do you call an FBT investor from Ireland?

[nanga parbat] 23/10/2018 18:52

I do love Festool. Top quality!!

[paulcon1] 23/10/2018 18:46

My ancestors are also Irish, so I will also take the hit!!

[chriscallen] 23/10/2018 18:39

They could always get him earlier if they paid a release fee but I guess looking at previous comments this would not be met with unanimous approval. Well judged by IM!

[aimster4400] 23/10/2018 18:28

Nanga you really are a tool.

CFO looks great, weird to announce it this early, but I guess changing CFO is always a touchy topic.

[nanga parbat] 23/10/2018 18:11

Seem to remember that inventor was Irish. Is that correct Mcsean???

[mcsean2164] 23/10/2018 13:26

Don't worry - NickB has all the answers.

It's the market and the customers that are wrong, not FBT.

Didn't the inventor of the underwater hairdryer say something similar?

[bonio10000] 23/10/2018 13:25

Another fundraising?

[sharesoc] 23/10/2018 13:04

Forbidden Tech present at our growth company seminar in London on the 14th November, may be of interest to current shareholders or potential investors:

[bonio10000] 23/10/2018 11:59

Don't worry - NickB has all the answers.

[mcsean2164] 23/10/2018 11:46

Image 5 years ago the share price was 38p.... Is the trend reversing?



I blinking well hope so!

Imagine £10k invested 5 years ago is worth about £1.5k today. If we got back to 38p, £10k invested today would be worth about £60k at 38p.

That's the gamble i guess..

[bonio10000] 23/10/2018 11:44

IM can do DM's job. He basically does it anyway.

[cabi1] 23/10/2018 11:35

You’ve got a point, get rid of him as well.

[bonio10000] 23/10/2018 11:27

Irving should walk because he is a customer and a competitor.

No idea how they spin he should remain on the board and see company sensitive information.

[cabi1] 23/10/2018 11:11

I agree with Bonio, Main and Bentley should go, but I’d keep Irving.

[cabi1] 23/10/2018 11:09

I think it’s a positive sign. IM and family are heavily invested, so he’s not going to waste money hiring these people. I think it’s in preparation for what’s coming, plus these new hires must like what they see. I would imagine the rewards are going to come with options being awarded, but who cares as long as the get share price back up.If I had any spare cash I’d be buying a few today. Currently offered at 6.10p.

[bonio10000] 23/10/2018 10:51

Maybe IM can now work on getting rid of Main, Bentley and Irving?

[bonio10000] 23/10/2018 10:50

A drop to 5p will be nice.

Christmas bonus in the works - so can buy a few more prior to the news feed that will start in Jan and pre results.

[chriscallen] 23/10/2018 10:35

Back in September 2017 when he took charge IM could have persuaded the BoD to
appoint a new COO or CFO but he did do so. So it might have been in his plan but clearly something must have occurred that spurred the appointment now. Either they already have contracts in the line or they have trials underway that demonstrate big cost savings, enhanced speed of delivery etc and real , large increases in Revenue. Which ever way you look at it the new appointment is a confidence builder. Given his own investment in career reputation and £ IM is unlikely to have appointed these people on a whim with no expectation that they will be needed. I keep having to remind myself that the rules are that they don't have to issue an RNS unless they think the new contract is more that 10% of turnover so even 9.9% does not get reported (the 5% net profit criteria is clearly not in issue given the past results). Once a say £70K contract has slipped under the wire an extension to £250K does not need to be reported because it is not new. Most companies would do so but FBT hasn't in the past probably because they haven't had one... but here the benefits of a major surprise at the year end could persuade them that holding back has big benefits. If for example they could say that with contracts already signed they would break even + in 2019 with major contracts in discussion what would the share price jump to?

[nickb] 22/10/2018 23:29

Oh performance to date should be the technology / product development.

And that’s gone through the roof this past 2 years or so.

The other measure is the industry that we have to sell into.
They now have Cloud mindset.
Impossible to sell until that happened.

Imho

Remember it’s all high risk investing on AIM it should be a small part of your portfolio I reckon.
Probably 3-5% ?

[nickb] 22/10/2018 23:24

Paul

FBT is pre revenue there has been no real market for Cloud Video production as you should know.

So no idea why you look at the accounts for revenue or why you invested based on the accounts.
No one would invest in FBT looking at the accounts they look very dull at best.

It has all been about backing the technology development.

The adoption phase starts around now in theory.

Revenue will follow should the industry go for our solution.

Some investors appear to have invested before they should have done if they did not want to back the development of the technology and product vision.

Judge the revenue 12 - 18 months from now.

Or watch for high profile deal announcements to judge success.

All imho.

[paulcon1] 22/10/2018 20:24

Nick B

Your post is a possible scenario, agreed.

However, the only true, accurate, most recent and realistic metric of FBT's actual performance to date is:



GL

[nickb] 22/10/2018 20:12

Paul

Stephen White will have to manage the expected hyper growth.

We are (I believe) entering a new phase

The past has been about developing the technology and shareholders should have understood that.

Customers are now ready for Cloud solutions

Look for bigger video and technology companies to adopt our technology then we hit hyper growth.

Stephen will have to manage the financial demands of that growth.

Exciting times
All imho