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FST Frontier Smart Technologies Group Limited

25.50
0.00 (0.00%)
28 Nov 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Frontier Smart Technologies Group Limited LSE:FST London Ordinary Share KYG3730C1078 ORD 10P
  Price Change % Change Share Price Shares Traded Last Trade
  0.00 0.00% 25.50 0.00 00:00:00
Bid Price Offer Price High Price Low Price Open Price
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
  -
Last Trade Time Trade Type Trade Size Trade Price Currency
- O 0 25.50 GBX

Frontier Smart Technolog... (FST) Latest News

Real-Time news about Frontier Smart Technologies Group Limited (London Stock Exchange): 0 recent articles

Frontier Smart Technolog... (FST) Discussions and Chat

Frontier Smart Technolog... Forums and Chat

Date Time Title Posts
16/8/202112:14Frontier Smart Technologies2,534
14/5/201717:30activblue-

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Frontier Smart Technolog... (FST) Most Recent Trades

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Frontier Smart Technolog... (FST) Top Chat Posts

Top Posts
Posted at 03/8/2020 02:53 by grity
Would you Adam & eve it! The company behind the multi million £ order OF RAPID covid 19 tests (DnaNudge)
is non other than chris Toumazou CEO
Of TMZ/FST
Posted at 25/10/2019 18:11 by life of crime
The cheque has landed on the doormat. Sad end to what could have been a great story. As I have said before, I will be recycling some of my meagre return on this one into Science Group because Frontier will be a cash cow from next year onward, which explains why SAG were so aggressive in acquiring the firm. Don't get mad, get even.

Good luck to all TMZ/FST shareholders past and present with your future investments.
Posted at 03/9/2019 18:23 by life of crime
Indeed, Sethill selling up tells us all we need to know. His game is up and not before time.

FST will be the property of Science Group by November and I expect they will make a much better job of running it. My final contribution here is that investors should share in Science Group's good fortune in getting Frontier for peanuts by investing in SAG's stock themselves.

Good luck to all current and previous FST/TMZ shareholders for the future.
Posted at 21/8/2019 10:08 by varies
Having placed an order about a fortnight ago to buy shares at 31p, I must be thankful that it lapsed.
SAG seems to be striking a very hard deal. I was expecting them to extend or renew the offer.
SAG can now increase its proportion of FST's capital at only 25p with little restriction. So it is hard to see how the FST can recover to the 35p recently available.
Posted at 18/8/2019 14:41 by life of crime
At least with the departure of the NEDs and the Chairman, the CEO and CFO are less well protected and they need to go. I think SAG are going to need to put their hand in their pocket once Sethill and Apps are cleared out, in order to prop up the balance sheet while they restructure FST's debt.

It looks as if Science Group are not interested in taking the firm over, with all the administrative overheads that go with it. By holding 47% and having seats on the board they have huge influence but they can allow a new BoD to take responsibility for turning the firm around. I just hope that behind the scenes they are using headhunters to line up a new CEO, while presumably SAG's own CFO will manage the financial aspects eventually.

All they need to do is steady the ship this year, cut out everything apart from the DAB division and then wait for the cash to roll in next year as France goes DAB as standard, with Italy and Switzerland not far behind.

I am warming to SAG, as they see the potential in the business and seem to see this as a very profitable investment longer term. If FST turns out to be a cash cow over the next 2 or 3 years the share price could be light years from the current lows. If an industry buyer was interested at that point, they would have to be very persuasive with their chequebooks towards SAG if they wanted them to part with their 47%.

If that is the strategy then what is good for SAG is good for the rest of us investors. I am still holding my shares and if they can sort out the short term finance issues and get a respected new CEO to slim down the business, I think we will see a bounce in the shares and a rosy prospect for the next few years.

The sooner Apps and Sethill go, the better. They are proving what has long been suspected, i.e. they have treated FST as if it was a private firm and focused on their personal interests, not those of the shareholders. They should fall on their swords but are clinging onto their jobs (and high salaries) for as long as possible. In a way you can't blame them; after all, who would want to employ either of them after what they have done at FST!
Posted at 07/8/2019 10:58 by nod
Iamnoone, SAG will not diversify if FST customers walk i.e. go to another supplier. The greatest risk in a hostile takeover is alienating management and employees, and thereby alienating customers. FST doesn't have a monopoly. How does SAG ensure that FST customers will continue to buy from FST despite the change of ownership. Even a 10% loss in sales would be bad for FST/SAG.
Posted at 20/7/2019 15:19 by life of crime
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.
Posted at 18/7/2019 11:51 by 1goldfish
Just a thought, but if I was SG I would want to shake out as many holders as possible right now, if they can get over 50% of the share they can effectively control the company. So while they may pull their bid for a bit I think they will continue to try to mop up shares.once they have control they will probably stop and the share price may settle back down, but you would expect that they see value the current BOD are unable to execute on correctly which should be good for the long term share price ?
Posted at 16/6/2019 00:23 by p1nkfish
rmart, FST can do little without SAG say so if there is an alternate offer. They have FST by the short and curlies. Similarly, FST can cause severe aggro to SAG.

FST management only have themselves to blame as it's all related to poor performance. They probably just don't want someone keeping a close eye on them.

I doubt an arbiter would help having thought about it. No one on the FST side would co-operate as they are likely out the door when a credible purchaser takes over. Who would want to keep them?
Posted at 20/5/2019 07:35 by langham77
You Guys amaze me getting excited because the share price is up to 29p . Company totally mismanaged and Clueless. This Share Price was over Two Pound a year ago a long way to go yet to please Shareholders in my opinion.
Frontier Smart Technolog... share price data is direct from the London Stock Exchange

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