Fusionex Share Discussion Threads

[lingy] 30/5/2017 10:37

There must be value to be had,or else why would he want to take it over.

[zcaprd7] 30/5/2017 10:36

If he gets support from other large shareholders then perhaps there is more than meets the eye?

[lampran] 30/5/2017 10:28

Shareholders have been left in the lurge here.. was going to buy in October...

hxxps://www.research-tree.com/blogs/news/fusionex-shares-collapse-as-company-announces-plans-to-delist

[zcaprd7] 30/5/2017 10:23

Well, selling isn't much of an option now, if I had the balls, I'd buy more. I suppose his plan is to make a low offer once it's delisted, without any pesky rules?

[cumnor] 30/5/2017 10:07

As to whether investors think Fusionex is a scam company or not-post 1478-such is the importance of security and INTEGRITY surrounding ANY business that provides third party software to brand sensitive banks and financial institutions that unfortunately customers will make up their own minds after no less an organ than The Sunday Times has, in no uncertain terms, made it clear what it thinks about Fusionex's boards actions. If Mr Teh is considered to have behaved dishonorably then will honorable businesses with reputations to uphold trust the software he sells? No doubt he would like the Fusionex name and brand to be disassociated from all this nasty delisting business but who is he kidding? It wont be, and he will be continually reminded of it. aimo

[galeforce1] 30/5/2017 10:05

Leedskier

DO you think it's sensible to hold on with Fusionex (assuming it de-lists) in the hope that it re-lists on NASDAQ or another more growth-friendly exchange?

I think that a re-listing somewhere else has to be Teh's plan, but what a crazy way to go about de-lsiting from AIM. It's very damaging to his and the company's reputation to behave like this. I guess they feel that their reputation in the UK just doesn't matter. All they have to do is stay inside the market regulations, even if the regulations are completely inadequate in this area. Companies de-listing on a 75% vote should be obliged to make a tender a tender offer to minority shareholders.

[chasbas] 30/5/2017 09:55

Last year FXI gave notice of Interim results (6 months to March) on 17th May.
Results were published on 1st June.
Is FXI trying to push the delisting vote through before announcing (strong) results?

[j777j] 30/5/2017 09:51

First of all they have to get 75% of shareholders to vote on something all who are not involved in the coup attempt,will vote against.

[j777j] 30/5/2017 09:48

Nothing changed unless you sold your shares.They will still be tradeable on a matched bargain basis and if as seems likely, they relist or getting taken over down the road your shareholding remains intact.

[blah blah] 30/5/2017 09:44

Oh well - you can console yourself with the fact your investment has been stolen by decent guys then.

[j777j] 30/5/2017 09:41

From LseToday 09:26 Beamer21 Ed Gasket 53.50 No OpinionWhilst I'm far from happy with the underhand behaviour demonstrated by the FXI board they are not a scam companyI've got friends at Dell EMC that work in collaboration with FXI

[leedskier] 30/5/2017 09:29

I have not been in this for about three years and therefore I am not an apologist for it.

But what is clear from both the graph here and at WAND -- both in big data -- is that that London has lived up to its reputation for being a very bad market for IT companies.

If most of the US IT companies were listed in London rather than on the NASDAQ there would be a significantly fewer number of $billionaires in this sector.

Snapchat had a market capital of circa $25 billion on listing, which valued it at more than 70 of the FTSE100 companies.

[j777j] 30/5/2017 09:22

Do you think Wand might take a look?

[zcaprd7] 30/5/2017 09:22

The shares have a value still, just won't be able to trade them. Why not get a listing in the far east (or nasdaq) and then ditch the aim listing, simply not cricket. Does anyone know the other shareholders percentages, because they had some big name backers, and seem to be a way off 75%?

[j777j] 30/5/2017 09:13

Chairman was only a non exec.Clearly there is a masterplan at work here.

[leedskier] 30/5/2017 09:12

J777J

Fred Walsh is the answer to your question, why Stifel!

He was the PG finance guru that brought this to the market and last December moved from PG to head up Stifel. See also WAND which signed up to Stifel last December too.


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[j777j] 30/5/2017 09:08

On just £400,000 worth of shares traded?Hmm

[albanyvillas] 30/5/2017 09:05

market telling you somethung ant right

[j777j] 30/5/2017 09:02

Quite an achievement for a co worth only £5 millionFusionex Wins Technology Partner Award from Amazon Web ServicesNEWS PROVIDED BYFusionex 08 May, 2017, 07:00 BSTSHARE THIS ARTICLE The tech company also bags the 2017 Most Innovative Company Award at the World Tourism Economic Conference (WTEC) in ChinaKUALA LUMPUR, Malaysia, May 8, 2017 /PRNewswire/ -- Fusionex, a multi award winning market leader in Big Data Analytics (BDA) and the Internet of Things (IoT), Artificial Intelligence and Deep Learning; today shares that it has recently won two prestigious awards that further stamp its capability in providing innovative technology. Fusionex was awarded the Top Technology Partner Award' at the recently concluded Amazon Web Services (AWS) Summit 2017 - in recognition of its being the highest performing AWS partner for 2016. This is the second consecutive AWS award for Fusionex, as the company won the AWS Top Innovation Partner at the annual summit last year.James Houng, Fusionex Senior Vice President says, "Fusionex is truly honored to receive both awards as recognition for the amazing work that our team has achieved. It is an uplifting and deserving recognition of the dedication and efforts of our team to provide Fusionex BDA and IoT software solutions that are compatible, not just via an on-premise basis, but also on the Cloud as well as via a Hybrid model."Fusionex is a part of the AWS Partner Network (APN), and provides a comprehensive, cloud enabled BDA and IoT platform that help businesses collect and analyse their customer data, to better understand customer patterns and needs.Customer Centric SolutionsFusionex's offerings are used by many industries including those in the Retail as well as Travel and Hospitality sector where it is essential for businesses to understand, at speed, their customers' needs and the changing trends. These solutions are instrumental in cultivating efficiency, increasing productivity, and boosting revenue.On top of that, the reliability and proven track record of Fusionex solutions earned them another feather to the cap with a surprise win of the Most Innovative Award, given out by the World Tourism Economic Conference (WTEC) that was held in Heze, Shandong, China.Houng further commented: "In order to stay ahead, customer centric enterprises need to be able to make informed data based decisions that are only possible with powerful analytics and data management solutions like Fusionex GIANT.The hospitality and tourism sector is one of our key focus sectors, and we are very excited and grateful that our solutions are receiving recognition across different parts of the World for their innovation and credibility in this space.About FusionexFusionex is an established multi-award winning international provider of software solutions, specializing in Business Intelligence, Analytics and Big Data. Its offerings are focused on helping clients manage, understand and derive value and insights from data.

[j777j] 30/5/2017 08:49

Cash £17 million mkt cap £22 millionReally only worth £5 million?

[kemche] 30/5/2017 08:44

J7 maintaining his unbroken, 100% record I see.