Frontier Smart Technolog... Share Discussion Threads

[p1nkfish] 22/7/2019 13:01

Price down as expected, could go still further.
Market dried up.

[birkenhead] 22/7/2019 08:56

One is reminded of some lines from the Broadcast News movie:

Employee: You know, I’m just old enough to be flattered by the term “early retirement.”

AS: That’s wonderful. What a lovely line. Now, if there’s anything I can do for you…

Employee (on behalf of shareholders): Well, I certainly hope you’ll die soon.

[the drewster] 22/7/2019 08:14

wonder if anyone can still get 35p selling today, or whether they'll have to wait now?

[p1nkfish] 22/7/2019 07:53

Expect some carnage in the Boardroom.
Who would like to be a fly on the wall?

[p1nkfish] 22/7/2019 07:52

Sorted. Well done BoD, not.

[the drewster] 22/7/2019 07:11

47.6%
Done deal.

[battlebus2] 21/7/2019 01:02

I’ve sold mine as there’s no chance of a higher price, not the right outcome for shareholders. I made 7% on my purchase, a profit is a profit I suppose.

[nod] 21/7/2019 00:38

Companies are valued on profits or potential future profits. Institutions and PIs lost confidence that there will ever be profits or anything for shareholders in either capital growth or dividends. Even in good years, profits from DAB evaporated. This left FST exposed to a hostile takeover at a low price.

[life of crime] 20/7/2019 16:19

Science Group are very much in control now. I think they may keep extending the offer period and the Panmure facility so they can pick up the remaining 7% they need.

As I said in my last post, I am seriously considering offloading next week because I did not expect them to get another 8% of the stock this week and move so close to the finish line. 35p looks as if that is as good as it gets because I cannot see a rival bid at the last minute and they would need Science Group onboard, when they obviously want the business for themselves.

The crumb of comfort for investors is that Sethill and Apps will be out of very comfortable jobs and what other firm would want them in senior positions after they trashed the Frontier share price by around 90%.

This is one of the reasons I no longer invest in shares and am waiting for my legacy stocks, like this one, to be bought out or sold, as in this case.

It is a real shame because in another 12 months they would have seen the cashflow increasing markedly, as France goes for DAB as standard next January, which is precisely why Science are so keen to acquire Frontier at this rock bottom price.

[blueteam] 20/7/2019 07:58

Got to hand it to the management, going for options pay out. If Science decide not to buy anymore and they are below 50% then they may want price to fall and make any holders plus option shares back to around 25p. We will see. If over 50% then all over.

[tommygum] 19/7/2019 20:33

What are people's predictions on mid-term value if you decide to hold? (I appreciate short-term is a drop, but it can't get that much worse...can it?)

[blueteam] 19/7/2019 15:47

I think so BUT on monday that will change and be lower. We will see... if 50%, then shares will be bought at 35p as the takeover is complete anyway.

[revoman] 19/7/2019 15:31

No reported trades post 13.00, is the 35p still available out of curiosity?

[p1nkfish] 19/7/2019 15:16

No surprise if SAG are decent and offer a last chance at 35p for a short while. They can do that. The BoD are the responsible party and not even moving jurisdiction to UK. Cayman is great until something like this happens.

[life of crime] 19/7/2019 14:02

It is looking increasingly likely that SAG will take control, sadly. I am minded to think about selling because if they get 50% then we may end up getting peanuts.

It is a real shame but my fear was always that a predator would see the long term value at this low price. This a shameful BoD but they are not the first nor will they be the last. My advice is to sell while you can. The wolf is closer to the door than it was last week.

[firw00d] 19/7/2019 13:34

But John09 said this was going up up up, not just once but thousands of times over the last 2 yrs, John come back and tell us more

[birkenhead] 19/7/2019 11:01

A sickening end for long term shareholders. It is extremely unlikely, but I wish the major shareholders (who invested in Sensium & the Toumaz placings, etc) would initiate a class action lawsuit against Mumbles, Appetites and the remuneration committee stooges.

[langham77] 19/7/2019 08:15

Board should certainly be voted out they couldn't run a Tap . Bunch of Clueless.Clowns

[p1nkfish] 19/7/2019 07:45

SAG can't lose now. Get what they want by afternoon today or get what they want, cheaper, in a week or 2.

[blueteam] 19/7/2019 07:10

Sad day for many long term investors as the will be forced to sell at 35p by 13.00 or take the real risk of a big share price drop. Now Science group on 43%, so by end of day should be over 50% or very close. Board will be voted out on the takeover to end their big bonus and shameful running on the company.

[langham77] 18/7/2019 21:13

I am sure the Sag board can't do any worse than the Clueless Clowns at FST

[p1nkfish] 18/7/2019 20:58

If SAG can do a better job of it why not sell FST and buy SAG instead.

[juleshoddy] 18/7/2019 17:15

I bought in for sensium at about 12p in old money i think? They spent 40M on that and sold it for 1M to some dutch company. That was a disaster. I had the opportunity to sell about £1.80 a while ago, but didn't. Like most of my AIM "investments" i don't expect to see anything back these days. Charlatans the lot of them. Cayman islands reg should of been a big red flag in the first place. No one else to blame but myself.

[langham77] 18/7/2019 16:46

As a Holder off ex Toumaz shares 13.5 million at a price of 9p now holding 335k FST shares you can imagine how I feel about this Board . Having to liquidate at this price basically locking in a massive loss. This Board are a Absolute Disgrace shame on you Sethill you Clueless Clown.

[langham77] 18/7/2019 16:26

The Board are an Absolute disgrace Total Clueless Bunch Off Clowns. Ring Leader Sethill should join Billy Smarts Circus.