FFX.L Share Price (FFX)

New thread on lse for FFX:

http://www.lse.co.uk/ShareChat.asp?ShareTicker=EQLS&share=equals_gp

Was not expecting that...

hi compadre. I'm not advocating divis that would reduce investment/takeover potential. What I would advocate is a token tiny divi for the following reasons.

1. Providing a competent BoD has run the company well then a token divi shows a positive statement about the future.

2 It provides a cheap form of advertising.

3. The number of PI's and II's who invest in dividend paying companies far and away outnumber those that don't.

By paying a divi we immediately go on the radar of a whole lot more of deep pocket long term investors, some of which may well dip a toe in the water.

I hold IDEAGEN a software company that does this and also grows by both acquisitions and organic revenue. The income is insignificant but the share price has trebled in just over three years.

FairFx are presenting at a Shares magazine investor event in Manchester on 25 June. A video of their presentation should be available on Shares website shortly after that.

FFX is steadily rolling out new products (and potential revenue sources) and the development pipeline is healthy with a number of things happening in the background.

Its all about scale and using the platform for adding revenue with minimal costs. We want a network of partners who lack the platform and are willing to take on the counterpart credit risk.

The AGM statement indicated we are on track to meet expectations despite the sterling weakness (always flagged as a major headwind). A P/E of 14 for next year, debt free and strong top and bottom line growth with improving margins all make me pretty comfortable with my position.