Venture Life Share Discussion Threads

[apad] 24/4/2017 13:43

ps
difficult to trade I believe?

[apad] 24/4/2017 13:34

Good post dacian. I'm trying to get over my 124% gain in order to buy more! I've been waiting for them to drift - fat chance.
apad

[essentialinvestor] 24/4/2017 12:21

red, as mentioned last week on SKG, I would eat my hat if you did
not make money on that holding, add on the dividend and you must be
at about breakeven already, or in profit?.

[apad] 24/4/2017 09:44

ps
Interesting list.

[apad] 24/4/2017 09:40

FFX homebrew:
"Regarding the E-money licence we acquired in early 2017, this enables FairFX to hold electronic balances on behalf of its customers. This opens up a whole range of possibilities for the Group in terms of both the products we can offer and also the payments systems we can directly interface with. We will be selectively using the benefits of the licence in 2017 and beyond with an initial focus on enabling our customers to place and hold funds with us across a range of currencies and thereby create a FairFX eco-system within which we can move funds without incurring banking charges. In addition, the E-money licence allows us to provide digital banking to our customers, with a FairFX sort code and bank account numbers supported by full-service banking facilities with the exception of paying interest or extending credit. We see particular potential for this in the Corporate SME space where customers are poorly served by the incumbent Banks. Finally, the E-money licence allows us to become our own Issuer of our prepaid cards and accordingly we will examine the costs and benefits of this in 2017."

[homebrewruss] 24/4/2017 09:27

APAD thanks for the FFX reply. I feel like I'm a little late to the game. I still need to do some more research and now digest the results.
As for the banking license I think it could be interesting.
With Monzo it's the youngsters in our office that are using it most and I think they eventually see it as an alternative to bricks and mortar banks which they distrust.

Re BOO and US expansion, I saw this stat related to US retail which I think echoes Paul Scots feelings on the bricks and mortar retail sector:

[apad] 24/4/2017 09:25

Doubt it mod. Crowd excitement perhaps, it's very prominent.
Could go up prior to results and then fall back on great numbers. Who knows?
Bought some at 178p ten days ago because I didn't know where to put some RDSB profits. Can't say it was a sensible decision - just somewhere with news coming up.
apad

[modform] 24/4/2017 09:04

Looks like BOO results leaked ?

[apad] 24/4/2017 09:00

Just so. The marketing effort eventually builds up its own momentum, if it is successful, and this creates a barrier to competition and enhances current spending.
Looks like FFX is in this space.
apad

[modform] 24/4/2017 08:51

The issue with FFX is the marketing spend which needs to be high to increase revenue, but the revenue increase may become recurring by returning customers which should be good for the company.

[redartbmud] 24/4/2017 08:30

Looks like EI's playground is GSK for now.

red

[redartbmud] 24/4/2017 08:25

Talk of European markets rising 10 - 20% from this point based on French elections.
Loony tunes gone mad on CNBC this am.

The surge in my Skg will keep me out of the workhouse, for now at least!
No tempted by Cna below £2. The game has changed. I still don't see how a cap on energy prices to customers can possibly work - on multiple levels.

red

[redartbmud] 24/4/2017 08:14

End result - boost in sales of headache tablets for the drug makers.
Hey ho


red

[apad] 24/4/2017 08:12

Irrational exuberance in the market this morning. It can be a ludicrous place at times.
apad

[apad] 24/4/2017 08:04

Desperate times warrant desperate measures, red.
Pity I didn't buy more FFX by the looks of it. Hope it doesn't become an AIM favourite.
apad
FFX
"The Company had a very successful 2016 beating expectations in terms of all KPI's, with turnover increasing strongly, revenue breaking through the £10 million barrier and improved margins boosting gross profit. FairFX also made big strides towards profitability, with the loss for the year more than halved compared to 2015 and profitable trading achieved in the final quarter of the year. Importantly, the 2016 results were achieved whilst FairFX maintained its marketing spend, capturing a significant number of new customers and further building its brand awareness. Even more pleasing is that this was accomplished despite the challenging trading conditions that resulted from the prolonged Brexit referendum process in the first half.
"The top line growth has continued into 2017 through the first quarter and the Company is significantly better equipped to maintain this growth as it targets a net profit for 2017. With the continuation of the Company's strategy to maintain momentum in the retail product, whilst successfully growing the corporate offering, the board is confident that the outlook for the full year remains in line with market expectations."

[redartbmud] 24/4/2017 07:55

APAD

I understand, but Ror are using it as a tool to build a long term relationship with customers. Some kit has a long lifespan and it will only be upgraded when the time comes. This gives Ror some leverage. AGM on Friday and I am planning to pop down to ask a few questions.

Have you ever considered therapy or tablets for this urge to cross dress?
Please give me the heads up, if you do, and I will add to my holding of Gsk.

red

[apad] 23/4/2017 23:23

My view is - that is ordinary engineering development, red.
And that it is nothing to do with what Intel and Cisco do.
Remote monitoring and control is routine, not special. Just good practice.

I've abandoned ROR after a lifetime's devotion, so our two positions will be interesting over the current year. I look forward to the developing story. Mantlepieces are not forever.

Le belle France is looking very different. Macron. God's teeth.
I've always viewed France as the status society - Grandes Ecole and all that.
Everything can change! I once gave a lecture at Bordeaux Uni and it took almost the same length of time to get paid, with much formal introductions and shaking of hands. I quite liked it really!

apad

[redartbmud] 23/4/2017 20:18

APAD

I would class that as an excellent appointment.
Ror has been trying to add value to products by the use of technology. A meter on a submerged pump, in a remote location, that can be monitored at base can be very cost effective. More so if it can act as a regulator. The instruments division grew turnover by 46.5% and operating profit by 26.6% last year. It is now 3rd largest division out of four.
Maybe Weir is looking for similar opportunities.

red

[apad] 23/4/2017 18:39

Red,
The Weir boat is already rocking.
Management shouldn't be independent of context. Intel & Cisco!
apad

"The Weir Group PLC has appointed Geetha Dabir to its Group Executive in the new position of Chief Technology Officer.

An electrical and software engineer, Geetha has held a number of leadership roles with Intel Corporation and Cisco Systems Inc and brings a wealth of electrical and digital experience which will support Weir's technology strategy. Geetha, will join the Group in March 2017.

Geetha joined Cisco in 2001 and held a number of senior roles during her thirteen year career with the business, including Vice President and General Manager of IoT Applications. She joined Intel in 2014 as Vice President and General Manager of its IoT Applications Ready Platform Group. Geetha was recognised as one of the 25 most powerful women in Engineering and Technology by Business Insider."

[redartbmud] 23/4/2017 16:28

APAD
Weir
It will be an AGM statement on 27th, so should be bland. The y'oodles are slowly increasing the number of rigs in production. Fracking appears to be mildly in favour.
famous last words - I can't see the new CEO rocking the boat.

red

[big7ime] 23/4/2017 13:03

Many a U.K. Co has been ruined by their foray into the US

[apad] 23/4/2017 12:54

Intellectually I am happy with my position on BOO.
Emotionally I am scared of 20% of my portfolio depending on a few lines of text!
It is strange how a US presence has become the key to a leap into hyperspace.
Thanks for the cold compresses, folks.
More attacks of the vapours on the way next week:-)
apad