https://www.ft.com/content/30bb0752-6d5e-11e8-92d3-6c13e5c92914
Take a look Chils.
https://eurekalert.org/pub_releases/2018-11/imi-ans112518.php
https://coinmarketcap.com/currencies/factom/
I know it's not directly correlated to Factom inc. but when other cryptos are going down the fact that Factom coin is going up shows that people are expecting its usage to ramp up in a serious way.
Absolutely Pred, the AIM market is an incredibly frustrating market, but I do think we'll get there in the end. FFWD is managed by successful entrepreneurs who have invested in companies at the front end of highly disruptive industries such as blockchain, cancer immunotherapy, student finance, and gaming with some of the smartest people at the helm of those companies.
I appreciate what you're saying Pred but the reason people are losing money on this stock, (including me, and I have been in FFWD for three years now) is nothing to do with what people post, but rather that AIM investors are by nature more impatient than your blue-chip investors who sit back with their cigars and wait for retirement.
Aim investors, and I'm partly in this camp, want success tomorrow and if it doesn't happen they sell out. FFWD investors are not seeing the positive updates from the investment companies they had hoped for.
Ramping or deramping on the otherhand has no effect on the share price. What moves the sp is hard fact and good or bad RNS's.
My personal belief is that strong progress is happening, but its happening behind the scenes and we have to be patient. A blue-chip company may double in value in five years. FFWD could double in value in five minutes with one piece of good news. All I saying is let the rampers have their ramp if they want it. They are like excited puppies but quite harmless.
I dispair sometimes at this board with all the childish antics. Give it a rest the lot of you and stop all the bickering. At the end of the day we're all here to make money. End of, and let's not pretend otherwise. Some people will post positive statements about a company and some will post negative ones. As long as they backed up with informed fact and considered reasoning that is all that matters. I personally don't understand why some posters on this board are constantly deriding FFWD because if you are not interested in a company then why bother following it at all. Post on some other company's board. Others will post what some might consider to be overly optimistic statements (or ramping as some like to call it) I don't have a problem with rampers at all because I just see it as a bit of over exuberance but totally harmless, and anyone worth his salt should be able to make his own impartial judgements anyway.
Wadnob may fall into the category of being over exuberant but he does good research and posts useful and interesting links, and is therefore a valuable member of this board. So Wadders, ignore all the childish stupidity and keep posting. I'd rather read your posts than many others.
https://themreport.com/daily-dose/11-01-2018/the-top-25-companies-to-work-for-are
http://www.infomine.com/investment/warehouse-levels/nickel/
LME levels dropping heavily this year which bodes well for the Ni price going forward.
Cheers Wadders for the Intensity news. It would be interesting to know who has provided the $6.5 m. I was hoping FFWD might have taken up the option to invest further but I guess they have other investments in mind.
I think one of the issues here is that we're all comparing the share price to what it was a week/month/year/3 years ago and wondering why it's not steadily rising. The problem is the sp relates to market cap and net value which in FFWD's case you can't assign a value to because the normal metrics you would use to gauge value, i.e p/e, profit, revenue do not apply and we only have book value or purchase price to go on. If you assumed no progress has been made since the purchase of our investments then the sp would seem fair, but that is patently absurd as significance progress has clearly been made. But it's not being factored in.
It's a bit like assigning the value of a property to the cost price of all the materials used to make the house when the house is being built. The true value only comes through upon a sale. It's the same with FFWD. The true value will shine through upon the sale/IPO of the investee companies. Look how the sp went up on selling Nuuvera. And we don't just have houses to sell, we have mansions and grand estates! All in good time.
Cheers Pred. It is frustrating that there have been no more investments recently, as that always seems to inject a bit of positive sentiment in the company, but I suspect the board are holding back until the market settles down a bit. Probably not a bad strategy. I agree another cannabis investment could be good and certainly the sale of Nuuvera was hugely profitable for FFWD but I'm concerned that the cannabis market will eventually be dominated by the big players like Canopy, Aurora and Aphria, whose share prices are already very high and have factored in future growth, leaving the smaller players trodden underfoot. Also I feel the cannabis industry is very over-hyped at present. I personally would like to see a bigger stake in Juvenescence, as it has exposure to some of the most promising companies in AI medicine, which I believe is a very low key still in terms of public awareness but utterly transformative going forward as an industry.
It's been a real test of nerve for FFWD shareholders in recent weeks, and the frustrations are all to apparent from the posts and twitter messages recently. We appear to be in a bear market or at least a 'correction phase,' so things will not turn around much in the near term. The uncertainties of Brexit and global economic conditions generally are weighing down on markets. But the markets will recover, as they always do.
As far as FFWD is concerned, ignore the doom-mongerer posters who contribute nothing factually and who shouldn't be posting anyway if they have no interest in FFWD. Forget also the share price for a moment and look at the facts.
FFWD current market cap £16 m.
Our portfolio consists of amongst others:
(1) Leap Gaming which was nearly sold for £6m a year ago, before several tie-ups with major global games providers. Could now be worth £12 m??
(2) Yooya, the dark horse but currently in profit and generating well is excess of 2 billion views per month.
(3) Intensity, just posted very positive clinical trial results showing good safety and efficacy at low dosages. Could eventually be bought out for over a billion, worth at least £18m to FFWD.
(4) Juvenescence - plans to IPO next year. Currently worth $250 m so could IPO for $1 billion. FFWD stake would be worth $8 m.
(5) Factom - Enormous progress being made with series B fundraising ongoing and set to become leading global blockchain company in data security. Tim Draper predicting eventual market cap in excess of that IBM, Oracle and Palantir combined. Even if Factom achieves just 5% of the predicted future value FFWD stake could be worth $380 m.
FFWD has a diversified portfolio in some of the most promising technology areas of the future. Blockchain, cancer immunotherapy, longevity, video-gaming, student debt crisis etc.. Cash in the bank of about £4m following the placing, with more investments to come. My advice, hold and wait!
Very encouraging update from Intensity. It's still early days and the phase 1/2a trial won't complete until 2020 but at least we know that (1) the drug is safe in its IT delivery, (2) there is tumour shrinkage both at the local and distal tumour sites and (3) some evidence of immune activation. So all three boxes ticked in phase 1 alone which is quite remarkable. The exciting part starts now when they start increasing the dosage and eventually add immune activating components to the drug. Exciting times ahead for FFWD and SALV holders.
Yooya are tweeting again. Must be all the bird feed.
https://www.youtube.com/watch?v=H1Ow9eLp8ZA
Listen from 10 min 30 secs onwards. This is the sound of a chairman of a company that is going places. The whole interview is worth listening too however.
Our ESMO poster presentation will be available on our website Saturday October 20th.
http://www.lse.co.uk/share-regulatory-news.asp?shareprice=FFWD&ArticleCode=vc9dhtw3&ArticleHeadline=Agreement
Anyone in any doubt as to Factom's progress should have another read of this. FFWD are hardly going to make their biggest investment so far unless they have total confidence. Factom cannot make announcements under NDA terms, but it doesn't mean that strong progress isn't being made.
I hope FFWD end up with a stake in Emmac as there aren't many plays in the medical cannabis space on the London market so it's a great opportunity and gives FFWD further diversification. We do need some updates soon though as patience is wearing thin. PR is definitely not their strong point.
Tweets from Intensity are coming in thick and fast now. I think the guys are really onto something.
So what's with the cryptic Nuuvera and Antonio Constanzo reference? Is someone implying that Emmac is on FFWD's shopping list. This is just speculation as there is no information to verify it, although there is the Ed Mcdermott link I suppose. I can see FFWD wanting to get back into the cannabis space after the Aphria success. Well time will tell.