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FTE Forte Energy

0.0029
0.00 (0.00%)
03 May 2024 - Closed
Delayed by 15 minutes
Forte Energy Investors - FTE

Forte Energy Investors - FTE

Share Name Share Symbol Market Stock Type
Forte Energy FTE London Ordinary Share
  Price Change Price Change % Share Price Last Trade
0.00 0.00% 0.0029 01:00:00
Open Price Low Price High Price Close Price Previous Close
0.0029 0.0029
more quote information »

Top Investor Posts

Top Posts
Posted at 28/7/2016 16:42 by deltalo
Mabe seen the lowest price earlier today. Looks like its on the move up now. If you bought in at 0.003 with a mkcap of 300k then good for you. Nice to see pi's make money here as thats why were here right!!. RTO is next step and Darwin out we could be verging on massive gains here. Holding and buying on any dips has let me gain a huge holding here. GLA investors.
Posted at 27/7/2016 08:05 by mister md
more Darwin shares allotted to be sold into the market to gullible AIM investors ... ?
Posted at 24/7/2016 15:16 by hope67
Posted by Research Analyist on Lse (long post might be a bit much for Bloch to read)

Bos Global Holdings

According to the Wall Street Journal, investment in financial-technology (fintech) companies grew by 201% globally in 2014, compared to 63% growth in overall venture-capital investments, confirming this sector as a hot ticket.

Expectations for new digital start-ups in the industry continue to swell, with the amount of money flowing into first round investments alone growing by 48% in the first half of 2016.

Thus, it is clear that the digital revolution in financial services is under way, but the impact on current banking players is not as well defined.

Digital disruption has the potential to shrink the role and relevance of today�s financial institutions, and simultaneously help them create better, faster, cheaper services that make them an even more essential part of everyday life for institutions and individuals.

And while some are concerned that financial services will face its Uber moment, the reality is that the coming technology and business model innovations offer tremendous opportunities to reinvigorate and reinvent the financial services industry for institutions who are prepared.

For its part, the fintech sector is often characterised as a battle between the old and the new. But it�s worth noting that the flood of new money is being distributed across both parts albeit with a slight bias towards investments in more established companies.

This brings me to my subject matter � BOS Global Holdings (BGH).

Founded in 2000, BGH is an Australian-based financial technology business that is heavily geared towards enhancing the profitability and governance of banks, financial institutions, insurers and professional consulting organisations through its compelling suite of products.

Made-up of technology entrepreneurs, public and private sector organisations, and large global corporate clients, the company�s 200+ client base spans four continents: Asia, North America, Europe, and Australasia.

The company�s patented lead products have been co-developed by Symantec�s director of product management Anil Ravi and BYOjet�s chief technology officer Grant Chapman, both of whom have a distinguished track record in the fintech industry.

In his interview with the Sydney Morning Herald (on April 2016 with Nick Toscano), millionaire and serial entrepreneur Michael Travia was unforgiving about the company�s ambition as it embarked on the next phase of its development:

�Plans are well underway to increase our presence in North America, Asia and Europe in 2016. We are not only fiercely ambitious but we have both the intellectual and financial capital to back it.�

Indeed, two of the biggest successes of 2014 perfectly characterise this diversity in the market. On the one hand, First Data, a provider of payment processing services founded in 1971, raised $3.5 billion in private equity led by KKR.

On the other hand, we have a true, new wave, fintech poster child, the Lending Club. The peer-to-peer lending platform, founded in 2006, raised $865 million on the New York Stock Exchange, valuing its business at $8.5 billion and hitting the record for the biggest US tech IPO of 2014.

Lending Club�s successful IPO shows that a new wave of financial technology is building momentum, and will have a significant impact on the future of financial services.

Currently in the UK, there are ten, high-octane, fintech businesses that stand out:

1. Funding Circle: Founded in 2010, the company�s online platform lets savers lend directly to small businesses, cutting out the banks and offering more favourable interest rates than offered by traditional bank savings accounts. The company has raised �177m so far. The company is set to near triple revenues this year to �35 million.

2. TransferWise: Founded in 2011, the company matches people looking to send currencies in different directions, cutting down on costs by cutting out the actual transfer of money. Instead, TransferWise pays out of, or into, large accounts in each country.

The company became one of the few UK technology start-ups to be valued at $1 billion (�650 million) earlier this year when Silicon Valley venture capital fund Andreessen Horowitz invested $58 million (�37 million) in the company.

3. Blockchain: Founded in 2011, the company is the world's most popular bitcoin wallet provider, with over 4 million users worldwide. Its wallets let people store and spend bitcoin, and it also builds software that lets businesses accept bitcoin. Backers include Virgin billionaire Sir Richard Branson. It has raised �22m so far.

4. WorldRemit: Founded in 2009 by Ismail Ahmed, offers cheaper international money transfer services than traditional rivals. The Hammersmith-based company focuses on transfers to emerging markets like Africa and Asia, where mobile wallets have leapfrogged bank accounts. WorldRemit was valued at $500 million (�326 million) in a recent funding round in which it raised $100 million (�65 million).

5. Zopa: Founded in 2005, the company�s online platform lets savers lend directly to small businesses, cutting out the banks and offering more favourable interest rates. The company has raised �35m so far.

So, an impressive confirmation that the fintech industry is real and attracting institutional investors by the droves.

For its part, BOS Global Holdings is likely to find itself in the enviable position of being the only, AIM-listed fintech company with a 200+ established global client base (built through its consultancy business) and a compelling suite of robust (brainchild of Ravi and Chapman) products that are currently being showcased across its platforms.

And as is the case with high-octane tech stocks, the first signs that BGH�s products are gaining traction will substantially propel the company�s market cap.
Posted at 16/5/2016 12:47 by andrea152
This company is finished and I sincerely hope someone puts a bat down Mark Reilly's nightdress at some point. He has lost investors a fortune, in order to maintain his own lifestyle.
Posted at 18/12/2015 11:41 by andrea152
I'm amazed that AIM regulation allow this farce to continue, but then again AIM regulation itself IS a farce. So until the AIM market itself is disbanded, this shameful charade, which takes money off ill-informed and ignorant private investors, will continue.
Posted at 18/12/2015 07:24 by sleveen
As has been said before, selling today's shares will net a cool 100%.

Particularly if "investors" buy first thing , poor deluded fools.
Posted at 17/12/2015 20:35 by hope67
The advantages of public trading status include the possibility of commanding a higher price for a later offering of the company's securities. Going public through a reverse takeover allows a privately held company to become publicly held at a lesser cost, and with less stock dilution than through an initial public offering (IPO). While the process of going public and raising capital is combined in an IPO, in a reverse takeover, these two functions are separate. A company can go public without raising additional capital. Separating these two functions greatly simplifies the process.

In addition, a reverse takeover is less susceptible to market conditions. Conventional IPOs are risky for companies to undertake because the deal relies on market conditions, over which senior management has little control. If the market is off, the underwriter may pull the offering. The market also does not need to plunge wholesale. If a company in registration participates in an industry that's making unfavorable headlines, investors may shy away from the deal. In a reverse takeover, since the deal rests solely between those controlling the public and private companies, market conditions have little bearing on the situation.

The process for a conventional IPO can last for a year or more. When a company transitions from an entrepreneurial venture to a public company fit for outside ownership, how time is spent by strategic managers can be beneficial or detrimental. Time spent in meetings and drafting sessions related to an IPO can have a disastrous effect on the growth upon which the offering is predicated, and may even nullify it. In addition, during the many months it takes to put an IPO together, market conditions can deteriorate, making the completion of an IPO unfavorable. By contrast, a reverse takeover can be completed in as little as thirty days.

Expect they will use Ftes' tax losses
Posted at 17/12/2015 08:41 by borisjohnsonshair
Shocking friends & family fun. Moron greedy investors need protection from this daylight legal robbery.
Posted at 16/12/2015 11:14 by andrea152
The sad thing is, this POS Company is still sucking in private investors, who will almost certainly lose all of their money. Meanwhile, Reilly & his BOD continue to take their large salaries. Mugs game.
Posted at 11/12/2015 09:06 by leegtr
Jungmana,

No reason which is why this is a really simple play now.

New investors won't care what has happened but are now interested in what might happen.

For LT holders I feel sorry as always but the announcement yesterday makes it an interesting share new investors yesterday and for the next week or so.

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