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Sunday share tips: Panmure Gordon, UK housebuilders, Fastforward Innovations

Sun, 14th Feb 2016 15:48

(ShareCast News) - Sell shares in Panmure Gordon said the Sunday Times' Inside the City column. The broker's historic, 140-year-old brand gives it an advantage but as a specialist in small cap and mid-cap clients companies, it has seen its pipeline for flotations, fundraisings and M&A deals run rather dry. And what thin pickings there are have to be fiercely fought for with rivals like Canaccord and Cenkos in what is a crowded shallow end of the pool of London stockbrokers and investment banks.A profit warning in December revealed Panmure expected a loss after tax for the current financial year from normal operations of around £4m to £4.5m. Since then, markets have tailed off even more and some rivals have already begun the bloodletting. Panmure's coffers are down to £8m, meaning it might have to again shake the tin at investors, led by Qatari 43% shareholder QInvest. In the last 12 months, the share price has tanked from 134p to under 54p, though this might tempt the Qatari owners may be tempted to take up one of the merger or takeover offers it sometimes receives.UK housebuilding stocks were a 'sell' for Questor in the Sunday Telegraph. Reading the runes, one might view the UK housing sector bubble is close to bursting. House prices are levelling off, the London market is cooling due to various factors affecting overseas buyers, the imminent increase in tax and stamp duties on buy-to-let property is expected to rock the market around the country.As for housebuilders, companies like Redrow's profits are being artificially inflated by government policy pumping up high house prices. While it and peers like Persimmon have pledged mega cash returns for investors, this is not likely to last for long in what is a cyclical industry. Berkeley, which is centred almost entirely on London, looks the most in danger for when the capital's bubble bursts, and others are also far from impervious.Fastforward Innovations, the AIM-listed investor in emerging technology companies, looks a good punt for very brave investors, said Midas in the Mail on Sunday. The company offers adventurous small private investors a means of speculating on the potential 'tomorrow's world' technology, which has mostly been the preserve of Silicon Valley venture capital funds. Fastforward, which changed its name from Kuala after investment guru Jim Mellon joined as chairman last year, is a tiny company but has some big names on board, with Mellon joined by Canadian entrepreneur Lorne Abony as CEO and some other heavyweight private investors.Thus far, Fastforward has invested in five companies, including Satoshi Pay, a company focused on 'nano payments' using Bitcoin to enable online publishers to charge for small items such as individual articles or videos. Elsewhere there is Vemo, whose technology aims to help students pay off their debt. The Diabetic Boot Company has developed products to help heal foot ulcers, a common problem of diabetics. Capitalised at just over £15m and with £8m cash freshly raised, this requires a leap of faith from investors who will need to believe in the leadership team and sit and wait possibly many years for their investments to bear fruit.
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19 Aug 2019 10:47

FastForward Investee Juvenescence Ends USD100 Million Series B Funding

(Alliance News) - FastForward Innovations Ltd on Monday said its investee Juvenescence Ltd closed series B funding at USD100 million target.The AIM-listed company, which invests in fast and

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12 Aug 2019 16:33

FastForward Says Cryptologic Issues Wayland USD5 Million Bridge Loan

(Alliance News) - FastForward Innovations Ltd said on Monday investee Cryptologic Corp has issued Wayland Group a USD5.0 million bridge loan ahead of the acquisition of its Canadian cannabis will

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7 Aug 2019 13:39

CORRECT (Aug 6): FastForward To Exit Cryptologic Over Cannabis Buy

(Correcting that Cryptologic signed a non-binding letter of intent, previously reported as a binding letter of intent.)(Alliance News) - FastForward Innovations Ltd on Tuesday said it is to

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18 Jul 2019 13:05

FastForward Notes Termination Of Talks For Yooya Acquisition

(Alliance News) - Investment firm FastForward Innovations Ltd said Thursday that discussions for the potential acquisition of Entertainment Direct Asia Ltd by Hong-Kong listed Regent Pacific Group

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11 Jul 2019 18:30

FastForward Sells 2% Intensity Stake For Shares In Portage Biotech

(Alliance News) - FastForward Innovations Ltd on Thursday said it has sold its entire stake in Intensity Therapeutics Inc for USD1.3 million in shares.The USD1.3 million price for the 2.0%

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29 May 2019 15:58

Regent Pacific To Buy FastForward Investee Yooya For USD15.0 Million

LONDON (Alliance News) - FastForward Innovations Ltd on Wednesday said that Hong Kong-listed Regent Pacific Group Ltd entered a non-binding offer to acquire Yooya for a consideration of USD15 owns

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13 May 2019 11:47

FastForward Innovations Sells Partial Stake In Vemo Education

LONDON (Alliance News) - FastForward Innovations Ltd on Monday said it disposed of part of its shareholding in investee company Vemo Education Inc for USD442,235.The deal represents the of

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18 Apr 2019 11:56

FastForward Investee Gets US Fast Track Designation For Cancer Drug

LONDON (Alliance News) - FastForward Innovations Ltd said Thursday investee Intensity Therapeutics Inc has been granted fast track designation by the US Food & Drug Administration for its a in

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3 Apr 2019 16:37

Regent Mercantile Cuts FastForward Innovations Stake To Below 3% (ALLISS)

LONDON (Alliance News) - FastForward Innovations Ltd on Wednesday said Regent Mercantile Holdings Ltd had reduced its stake in the end-stage focused investor to less then 3%.Prior to this,

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20 Mar 2019 14:15

FastForward Innovations Completes Investment In Cannabis Firm EMMAC (ALLISS)

LONDON (Alliance News) - FastForward Innovations Ltd on Wednesday said it has completed a GBP2 million investment in medical cannabis firm EMMAC Life Sciences Ltd.All regulatory filings are

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7 Mar 2019 17:01

FastForward Invests GBP2 Million In Medical Cannabis Firm EMMAC (ALLISS)

LONDON (Alliance News) - FastForward Innovations Ltd on Thursday said it invested GBP2 million in EMMAC Life Sciences Ltd by way of a share subscription.The AIM-listed company said it has a

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15 Jan 2019 16:30

FastForward's Juvenescence Raises USD46 Million In Funding Round (ALLISS)

LONDON (Alliance News) - FastForward Innovations Ltd on Tuesday said investee Juvenescence Ltd has completed the first part of its funding round.Juvenescence, a biotech firm, has raised at

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3 Jan 2019 12:21

FastForward Hires New Finance Director And Operations Chief

LONDON (Alliance News) - FastForward Innovations Ltd on Thursday said it has appointed Lance De Jersey as finance director & chief operating officer with immediate effect to replace Ian Burns,

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12 Dec 2018 13:42

FastForward Innovations Net Asset Value Increases In First Half

LONDON (Alliance News) - FastForward Innovations Ltd on Wednesday said its net asset value per share grew in the first half of its current financial year.The stock was trading 9.5% higher a

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3 Aug 2018 10:43

FastForward raising a crisp £4m through placing

(Sharecast News) - FastForward Innovations has agreed to place 30,769,230 new ordinary shares at a price of 13p each with a number of new and existing investors, it announced on Friday, raising gross proceeds of £4m before expenses.

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