Jimbo "Don't worry - it's just costing LSE another premium L2 member. One day they will realise the agenda posters have cost them their business model" Yes .. I've been saying that for a while now. I've been migrating to Twitter myself and am active in a number of closed Twitter groups. They are much better value at sharing research and knowledge without the noise of those with a clear agenda. My posts are reducing significantly on LSE as a result, and on some of my plays I haven't even posted once on LSE as the Twitter groups have provided all that I need. I used to post & share loads on FBT but rarely do now. I agree .. LSE days are numbered IMO
FBT1 .. You are so right IMO .. It's all about confidence with FBT. In October 2016, we were 13p per share with a MCAP of £19.5m (150m shares in issue) with £1.2m in cash and growing invoiced sales at 25% pa and were 6 months away from the POC outcome. In March 2017 , we are 6p per share with a MCAP of £10.8m (180m shares in issue) with around £3.2m cash and growing invoiced sales at 59% pa and are 1 month away from the POC outcome What's changed? … confidence and sentiment - nothing else. The underlying business is in much better shape, much better capitalised and growth is accelerating. We have 2 years cash in the bank that was raised at a 66% premium to today's price. Aziz has resigned due to personal reasons but let's be honest the bears nused him as a weakness of the company (i.e. He was a weak CEO therefore a weakness of FBT) They can't have it both ways! Lol I remain very confident here and added on Friday at 5.95p with 50,311 shares at 10:56am Patience here is all that's needed ... and to ignore the bearish scaremongering The bears will use the SP fall to re-inforce their case but the underlying business fundamentals cannot be ignored ... once sentiment changes, the bears will either disappear or turn to bulls .. as is always the case.
Whatever that trade was buy or sell it's a symbol of how the market is preparing for April IMO. We know that the POC 12 month period is coming up in April and it was confirmed by the company by email to an investor here. Either someone bought a shed load or the MM's were happy to take those on the chin (via a sale) at 6.53p We know the process on AIM .. overshoot or undershoot on news/sentiment is the norm. A sell down on the back of Aziz departure and a continued follow through on results which ironically exceeded expectations spooked some and drove the price to print a low of 5.8p There will likely be positioning for April and I wouldn't be surprised to see us back at the 10p placing price before the months out in prep for big news. There are very significant news items to land and if the MM's wish, they could drive this up very quickly and create a self fulfilling confidence rally. Firstly, news of a CEO could land anytime and that will be taken well IMO as it removes uncertainty. Another news item could be a TR1 update from Schroders ... the feeling from most is that they've been actively selling down since their last TR1 ... who knows but I think a reduced position would probably be seen as positive by the market as it would increase transparency on their position. Then there's the natural potential for a large deal to be announced on the back of their recent travels. Then the big one ... the Apple/BBC POC outcome. If that comes off as we expect (and there's no reason to think not) then that could be the company making RNS. If it's of a size that provides the market with a clear route to profitability then that's a total game changer. The consequences of that RNS landing at a time the SP is so low would be massive upside from here. Personally, I think it would have been easier for the BBC to pull out earlier in the trial and revert their processes before they became embedded. The fact it's going the full distance of 12 months bodes well IMO because to unwind everything now wouldn't make sense and would be increasing costs again. Forscene has even become something of a statement that BBC colleagues feel important enough to include on their CV. Whatever is going on, we can only speculate but this is AIM and expect the unexpected as usual. Positioning has begun and there is more to come here. The remainder of March and all of April will be very interesting and I know one thing for sure ... they ain't having my shares!
Thanks Pedro ... a very interesting read! Imagine how slick it would sound if the guy was from the BBC Factual department using the FBT camera SDX app and the wholes lens to screen process in under a minute. Remote editing by his wider team would be easy and if he was filing with in a low bandwidth area he'd still be able to edit and publish in lightening time. FBT is the future and it's become woven into the Factual department guys which we can tell by the way they highlight it on their CV's He described the cost/time benefits to him personally .. think about the corporate level .. the cost savings will be massive if they role our tech out ... hardware cost savings, staff costs, expenses and travel costs such as less flights, hotels and meals ... the list goes on Sometimes we lose sight of how valuable we are to the large organisations like the BBC
Spot on Jim ... I have said all along that no-one would devote a shed load of their time posting on a company (even the early hours of the morning) unless there was a serious personal motivation. He argues it's to bring balance for the sake of investors and newbies but that argument is seriously flawed as he only posts on 2 or 3 companies and it was genuinely the case he'd be fighting the bulls on all boards. When FBT comes good, which is a matter of time given the tech and industry migration to the cloud .. he won't be seen for dust. There may however be some people wishing they hadn't sold their shares at a loss having been influenced by him. Time will tell who is right and who is wrong ... for now he can crow that he is on the right side of the bet ... but with AIM that can change within a heartbeat