Ft Fbt Discussion Threads

[mcsean2164] 11/4/2018 23:23

NickB,

Cautiously optimistic☺5039;

[cabi1] 11/4/2018 22:04

Shirley83.

The new CEO has been buying.

[shirley83] 11/4/2018 21:49

Excited about what the next collaboration is with..

[geheimnis2] 11/4/2018 21:47

"Stephen Streater’s vision has finally arrived"


The Future has indeed arrived.

[shirley83] 11/4/2018 21:35

Great news flow so far.. Directors buy would set this on fire.. Not that it needs.. Word is spreading.. Tomorrow 10p fir starters

[cabi1] 11/4/2018 21:27

SSB. Stephen Streater’s vision has finally arrived. Good luck all the long term holders on here. Exciting times ahead. IMHO.

[nickb] 11/4/2018 21:16

Geh
Just taken you off filter and very pleased to read your last post😀

[geheimnis2] 11/4/2018 20:52

Happy days are here again!

[nickb] 11/4/2018 20:09

Mcsean
You happier these days?

[nickb] 11/4/2018 20:07

SSB

Indeed, well said.

[geheimnis2] 11/4/2018 19:32

Maybe I am being too bearish thinking a quid is sufficient?

[bonio10000] 11/4/2018 18:44

Is the first of the two new contract wins for an Eva rework product? Sounds like the audience app mentioned a while back as being developed on a Sky show?

[chriscallen] 11/4/2018 18:41

Perhaps it's an idea to look at what is needed to support a particular share price. There are 180,486,199 shares in issue according to the FBT website. For example, to get a price of £1.00 a share on a P/E of 15.0 earnings per share would have to be 6.7p. On a margin of 80%, which should be more than achievable in this sector that would require a profit of £12.1M and gross income for the year of £15.2M. Obviously the P/E ratio might be higher (lower for a growth business like FBT seems unlikely) but at least in the first few years support costs might be higher. But it is clear that the shares accrete value very quickly as turnover rises above £3.5M, which on the basis of the 2017 accounts is the approximate break even position.

When we see the results of the NAB efforts in terms of new customers it should be possible to estimate what the forward look over the next 2 - 3 years indicates. Given the size of the market that FBT is now aiming at and the staff IM has recruited I think £15M is a very low bar to jump. AVID in its last posted accounts turned over about £360M and FBTs product is genuinely Cloud based.

[geheimnis2] 11/4/2018 15:56

Would settle for 50p but 1 quid + now seems possible again

[sideshowbull] 11/4/2018 15:51

Nice 250k through, £1 at least for me.

[bonio10000] 11/4/2018 15:07

Wonder if the sports deal is due to be confirmed?

[geheimnis2] 11/4/2018 15:00

feels like we should be in the 15-20p range

[sideshowbull] 11/4/2018 14:55

The neck line of the massive inverted H/S runs at 13.70 area

Good to see FBT behaving like she used to, huge moves on low volume do to there being hardly any free float.

[nickb] 11/4/2018 14:52

Blue Sky share!

[sideshowbull] 11/4/2018 14:50

Cabi, don't want to jinx it! Will look later, but my targets are way way way higher.

[nickb] 11/4/2018 14:33

Double figures at 10p seems the next target to me.

[shirley83] 11/4/2018 14:31

12p was a year high

[geheimnis2] 11/4/2018 14:31

50p mate

The Blackbird SOARS!!!!

Takeover target this year when the big boys finally clue in to the value of this tech?