Adrian Hargrave, CEO of SEEEN, explains how the new funds will accelerate customer growth Watch the video here.
Morning Horsford, market all over the place not sure how long before MM�s have to report trades but delays of 3 days leaves it open to manipulation. Expecting the next two weeks ahead of the CE to reflect a more orderly rise then, assuming the rns also gives information on Agreements etc, perhaps a significant jump in sp....be nice to at least be in the 4�s again and pushing >5p towards year end. Just hope post CE that the BOD gives regular market updates on sales and product development, cannot let the sp drift through lack of information.
Agree Botak, and this could be very significant and if we are now at the stage of commercialisation can we get the BOD to make strong supportive statements in order to put FDBK on investors radar. No point in having a highly valued but anonymous product imo.
Yes ja, nobody doubts the product but we do need more regular positive comments from the bod to position its merits in front of investors. Once CE is announced then FDBK needs to get noticed and be on the radar, then the sp will be related to where it should be.......not a time for shrinking violets imo.
My thoughts exactly Hors and I have often said that it is the shareholding power of TB&TC that can change the way our BOD present FDBK to the investing public. For all their supposed acumen their communication skills have been abysmal, Alan Green must pull his hair out. Oh well tomorrow is another day of hope.
Hi Bo, yeah I know but does that mean I shouldn�t be here? In my view current sp should be 4-5p given the pending announcement but we bumble along with buying prices lower than selling....even El can�t make sense of that, talk about madness.
Afternoon Hors, I like 2+2=4 I cannot understand why anyone would be selling now it�s not logical unless they know there is seriously bad news around the corner. All indications however are quite the opposite so why not hold until at least CE is announced and the results are out...its only another 2 weeks, illogical imo.
HI Botak, think you are right but it doesn�t seem logical for either TB or TC to be offloading at this level given that they could probably get 50%+ more in a few weeks. Why anyone would sell in volume now is beyond me, at least wait until the AGM (even AR cannot fail to deliver the CE by then!). I don�t think I have ever held a more frustrating stock yet I remain convinced of the merits, it just has to perform at some stage.
Afternoon hors, and in response to your upbeat assessment the sp....falls. With CE so close I am amazed there hasn�t been a preparatory rise! When Lung is certified we really need to know what the next product is and how long before that gets CE. Then the market can star looking at income streams and rating FDBK as a tech growth stock I.e. 20 x per. If only eh?
Hi Q123, there have been false dawns haven�t there but we are assured by comment within the Results announcement that CE for TexRAD Lung will be delivered by the end of this month. I am confident this will be so asthere would be mayhem with further delay and the AGM is on the 30th. It has been a most frustrating stock to hold but 2018 could be very interesting for us all. Good luck.
Morning IF, agree with huge potential provided there is the dedication from BOD to maximise. I cannot believe the CE will not land this month...there would be more than red faces at the AGM if it didn�t. I am very tempted to add but this is already my largest holding by far and I am still smarting from earlier misjudged comments and lack of communication. No forward projections for sales targets/revenue so difficult to judge how successful they are (sales team). May grab a further 50k later.
Ho Bo, wasn�t going to comment but that is just so funny! Perhaps TC will lurch from the background and with an arm around AR�s shoulder say �you remember shareholders Alistaire, they�re the ones you keep making promises to....then forget about�. Hilarious cameo, but you know what AR all will be forgiven if you get us to 10p+ next year.....promise!
Echo that Chaz. 5p seems very distant now but hopefully the CE can reignite interest and may we dare to think of 6p by the year end? Then we really should be expecting almost explosive growth from a virtual standing start next year and favourable comment could encourage FDBKonto more investors radar, let us hope.
Morning Hors,El,IF are you good folks attending the AGM? I sadly shall not be able to go but if you are there can I please raise a couple of points: - do the BOD expect profitability this next financial year? - with CE delivered (?) and a sales team enhanced by earlier fundraise what are the targets for TexRAD Lung? - what are the likely next TexRAD incarnations and how long to get their CE? We also need far more proactive positive comments from FDBK, the passive almost apologetic stance does no favours for the sp. Lastly of course will they REALLY commit to communication on a regular basis. It seems there is a slightly more positive feeling in the market but that shouldn�t hide the misgivings of the last several months. Be nice to think this actually is a multi bagger in the offing but the BOD need to support the market for Alan Green�s prophesy tostand any chance. Good luck.
Good evening Hors/El I agree with all your thoughts and am very disappointed with the way the results are at oddds with comments by AR earlier in the year. I share your concerns El regarding the effectiveness of small shareholders it really needs action by TC &/or TB to force the BOD to reveal more detail. I am extremely disappointed with the way previous erroneous comments are treated as unimportant when many people make informed decisions on these comments. I do hope a justified rough ride ensues at the AGM, at least that may cause pause for thought next time around. Disilutioned!
Typical frustrating mix of news imo. Yes there is definitive expectation of Lung CE by end Nov and surely they cannot disappoint again, but equally I was hoping for higher revenue and a close shave with profitability. Lots of talk regarding future potential but we have heard that so often. Sorry to sound underwhelmed but how many of Horsford�s checklist were actually dealt with? Be nice to have had a target for future income/profitability and note of which TexRAD incarnations are being lined up to follow Lung and when. Also commitment to regular shareholder updates would have been nice.....that may be too much to hope for though. Let�s see how the sp responds to the CE later this month.
Hi adrianz, it�s an interesting comparison isn�t it? I really don�t know how active AR has been but it certainly LOOKS as though he needs to raise the game imo. If FDBK fails to deliver through BOD inaction that would be a travesty, you would think the major shareholders i.e. TC and TB with most to lose would be asking serious questions at the AGM. This disregard for investor information cannot continue.
Afternoon El, Horsford; I am tempted to join the rush to buy and had a little look in the piggy bank but I am reluctant to open it in the total absence of communication for months and now the possibility that the results may be delayed in breach of AIM Rules (speculated I confess). Agree there is possibly little downside risk but real confidence remains in short supply....it is tempting though at this sp. Leaving aside the CE question what is your take on FDBK profitability, likely to at least break even this time?
Morning Horsford, am I missing something as I cannot see how FBDU can acquire their CE mark for a product based on TexRAD if that has not received the same registration? If their definitive 6 week period is real do we also assume they believe TexRAD will be CE marked within this period? Just seems odd to me.