ADVFN Logo

We could not find any results for:
Make sure your spelling is correct or try broadening your search.

Trending Now

Toplists

It looks like you aren't logged in.
Click the button below to log in and view your recent history.

Hot Features

Registration Strip Icon for charts Register for streaming realtime charts, analysis tools, and prices.

FXI Fusionex

63.50
0.00 (0.00%)
28 Mar 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Fusionex LSE:FXI London Ordinary Share JE00B8BL8C53 ORD NPV
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 63.50 - 0.00 00:00:00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
0 0 N/A 0

Fusionex Share Discussion Threads

Showing 1676 to 1698 of 2150 messages
Chat Pages: Latest  74  73  72  71  70  69  68  67  66  65  64  63  Older
DateSubjectAuthorDiscuss
05/6/2017
13:07
Well, a competitor could certainly cause a lot of mischief, buying up a stake on the sly?
zcaprd7
05/6/2017
12:37
The only two other "get out of jail" cards I can see are an about face to reverse this crazy idea or an opportunistic bid.
j777j
05/6/2017
11:09
But even if he has all of them in his pocket, it's still only 64% say? I guess we'll have to have holdings rns' if there has been any new positions...
zcaprd7
05/6/2017
09:55
zcard

I agree that on paper the situation looks finely balanced, but I'm suspicious about how up-to-date those schedules of II holdings are.

Before this unpleasant episode began, I thought that II holdings in FXI were around 25%, which seemed pretty safe, and included some reassuring blue chip names like JP Morgan AM and Baillie Gifford. But looking more closely at this list at least one of the holdings listed by the FT as an 'Institutional Investor' is probably just a nominee for a wealthy Malaysian ally of Ivan Teh - that is Jarvis Investment Management. This is listed as holding 5%. But it's a stockbroker in Tunbridge Wells.

I think that II holdings are reliably about 15%. Perhaps I'm being pessimistic here. I reckon the max figure is 20%, with 15% held before this week by independent PIs.

DO you know how many shares have been traded this week?

galeforce1
05/6/2017
09:38
I might be wrong, but I think he won't get the 75%, but will then make a low ball offer, afterwards. The damage is done, he's trashed the share price, and he can take it out on the cheap, regardless of the delisting vote... Very sneaky!
zcaprd7
05/6/2017
09:18
According to morningstar, there are only about 22% shares held by institutions and funds, that coupled with the management holdings (40% odd) still leaves them someway short of the 75% number?
zcaprd7
04/6/2017
22:20
Yes we all know. You've repeated it so many times...
zcaprd7
04/6/2017
18:18
zcpard-given well publicized concerns about big data and the potential legal repercussions of a customer exposing client data to analytical software without having done full due diligence on the vendors themselves, and that includes their business practices and integrity, it is obvious there would be repercussions if things go wrong. Big names are well aware of the potential damage to their own brands if they fail to do what is expected of them regarding data protection. imo
cumnor
04/6/2017
14:35
Yep, if I were him, I'd be feeling rather exposed until the vote...
zcaprd7
04/6/2017
14:00
Don't forget though the boss holds around 40% of this company does he not

He also has seen his shares drop around 75% in a week

He has lost more than anyone posting

One would imagine his business acumen is somewhat on the large side to have got to where he now sits.

Not a fool then , outside of the box thinking required for those brave souls thinking of taking a bath here

Lovely waterfall chart shape here though ....... very pretty

buywell3
04/6/2017
11:23
Be down to 10p soon
albanyvillas
04/6/2017
09:31
I don't know, perhaps because it works really well. But I'm sure if you keep repeatedly posting the idea on here, where I'm sure all their clients like to hang it, it will have a massive disruptive impact on their client sales...
zcaprd7
04/6/2017
06:35
Why on earth would any respectable business allow software like Giant 17 from a chap whose integrity after the past week is in tatters and whose company's highly suspect practices have been called into question by the Sunday Times, its broker and investors, anywhere near their clients data? Borders on the negligent imo. Do Amazon actually deal with this company? imo.
cumnor
03/6/2017
19:59
Why don't you doom and gloom guys set up your own business, IPO, delist and make fortune by encouraging investors to sell out and not even vote. I accept the fact that it's probably going to be s challenge, but why just hand it to them on a plate.
digger18
03/6/2017
14:49
by egm this will be sub 10p
larva
03/6/2017
12:11
This Business looks as though it may infact be exploiting Amazon Web Services or Google "Big Data" Analytics standard offerings wrapped up/branded as "GIANT".

If it is then Customers could be investing in a "middle man" to generate custom offerings of those pre-existing Technologies, via a Vendor (F-Ex) Platform which ultimately is underpinned by something like the above.

It's a Business Model readily available via countless AWS Partners (and other Tier 1 Leaders in this field).

Maybe somebody's realised it's not actually competing at all well in the "Big Data" Analytics market afterall and that launching such a Platform 5-8 years behind countless UK, European, Asian & US players is not particularly cutting-edge ???

pottermagic2310
03/6/2017
12:05
A yes vote of 75% or more to delist is a certainty.

Salvage what you can at 38p before you lose everything.

highasakite
03/6/2017
11:42
c/o and many thanks to Doubleheadedcoin

over on LSE forum for the following:

RE: Ensuring you Vote NO.


Good Morning Everybody. If you wish to go through your broker to vote No then no problem and please do so but please note that as per the proxy form below you should be able to vote 3 ways in respect of the resolution to delist from Aim: Either in favour (you wish to delist), Against (you don't want to delist) or abstain. If voting No to delisting from AIM then you would be voting "Against" the resolution. Here though is the way to make sure that your vote is definitely registered. "A Form of Proxy for use in connection with the Extraordinary General Meeting is enclosed with this document (On the Fusionex Website under Investors / Annual Reports and General Meetings). Whether or not you intend to be present at the Extraordinary General Meeting in person, it is important that you duly complete, execute and return the Form of Proxy, in accordance with the instructions printed thereon, to Capita Securities Limited, at 12 Castle Street, St Helier, Jersey. JE2 3RT," Here is your voting form. hxxp://www.fusionex-international.com/Investor-Relations/Annual-Reports/Annual-Reports-2016/Form-of-Proxy-2017 The accompanying literature then goes on to say. Returned no later than June 14th at 10a.m. If late then it will be invalid. It might be worth someone kindly posting it across onto the III bulletin Board and I think ADVFN is another one that is commonly used. There may be others. Just to ensure that nobody misses the opportunity. Imo

also:

Doubleheadedcoin

RE: Ensuring you Vote NO.


The literature also goes on to say that you also send a signed electronic copy attached to an email to Amy.wolfe@capita.je; Or you can fax it to +44(0) 1534 847001 Imo

..I am sure she may also be able to forward you a copy of the Proxy Form if anyone is struggling. Imo


Please could someone repost the above onto the iii bulletin board to get msg out there (I have no access to iii..)

sm001
02/6/2017
22:46
Advice appreciated

I hold these via motelyfoolsharedealing (interactive investor). I have a corporate action note in my account NOT giving me the option to reject the delisting? Anyone else in this position? I see that Hargreaves Lansdown are giving holders the option to reject the delisting.

How do holders ensure they can vote?

(Furious as I was in profit last week..)

sm001
02/6/2017
19:58
Volume dropping off though... Surprised a few competitors haven't thought about buying a few.
zcaprd7
02/6/2017
14:54
chasbas

Never invest in a company run by tiddlywinks in future. Crooks the lot of them.

highasakite
02/6/2017
14:48
Sold yesterday as cannot hold unlisted companies in my SIPP. I must assume that Teh's friends have been mopping up the shares so getting more and more likely that 75% vote will be achieved. Despite all the negative comments I still believe this company will do well (in Asia) and so the shares are worth well above 200p.
Yes, we PIs have been shafted. Over and out forever.
BTW I will not be happier if proposal is defeated and share price rockets...good luck to the remaining PIs who still in.

chasbas
02/6/2017
14:09
If you look at other de-lists the reasons for it are carefully put together. It's made to look in the best interest of the shareholders. The shares drop because the marketability will be lost. If when off AIM few trades go through the company could buy the shares back at a price.
gears
Chat Pages: Latest  74  73  72  71  70  69  68  67  66  65  64  63  Older

Your Recent History

Delayed Upgrade Clock