skids
- 13 Nov 2003 09:59
Latest News
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LONDON (AFX) - FFastFill PLC saw its pretax loss narrow in the six months to Sept 30 2003.
It said the past six months has been a period of consolidation and progress for the company providing a strong platform from which to launch its new application service offerings.
The results show a pretax loss of 1.2 mln stg compared with 2.6 mln and a massive 317 pct increase in turnover to 1.6 mln stg.
The group said it has made good progress in bringing forward the next generation of software; this is planned for delivery during the first half of 2004.
'We now have a strong pipeline, which will lead to more new customer signings later this financial year,' it added.
Cash at the end of September was 1.588 mln stg, down from 2.45 mln. No interim dividend is proposed.
Executive chairman Keith Todd said that, while budgets for IT expenditure in the financial services sector remain constrained, derivatives volumes are growing and prospects and customers are looking for efficiency improvements in the delivery of their technology.
'The board has confidence in the competitiveness of the company's software and services and in its ability to deliver its plans.'
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Thoughts anyone?
queen1
- 05 Feb 2007 19:17
- 100 of 123
Nice to see you on here as well myway. I bought FFA at 11p and they've headed south ever since so 14-25p would be great!
myway
- 12 Feb 2007 10:43
- 101 of 123
Hi Queen1
Ffastfill Plc The investors in Ffastfill are still waiting for news regarding any offer for the company. The only news coming out at the moment are the buy-sells Under the provisions of Rules 8.1 of the Code, all 'dealings' in 'relevant securities' of FFastFill by a potential offeror, or FFastFill, or by any of their respective
'associates', must be disclosed by no later than 12.00 noon (London time) on the London business day following the date of the relevant transaction.
I have been tracking the companys news reports and listing them on the www.shareclub.uk website for any one who is interested to view.. The Share Price has moved up this week to close last night at 9.25p.
queen1
- 12 Feb 2007 13:31
- 102 of 123
Cheers myway - a watching brief....
myway
- 26 Feb 2007 09:34
- 103 of 123
Ffastfill Plc Under rule 83 of the takeover code Mr Ian Richard Kergel has declared holding in the company of 15,000,000. The company product is now making headway in the market place.. After a long time standing still..
queen1
- 26 Feb 2007 19:41
- 104 of 123
...and we ticked up today which was encouraging.
myway
- 05 Mar 2007 12:41
- 105 of 123
Hi queen1 news just out...
Mon 5th March.
End of talks announcement and trading update FFastFill has now terminated these discussions. FFastFill that the unsolicited approach was an encouraging endorsement of the company strategy of their overall application as a service provision, it failed to recognise the true company value
You can find the full text of the report at www.shareclubuk.co.uk The upbeat news is the true fact that FFastFill is continuing to engage with and sign up new customers, such as the contract with Natexis Commodity Markets which was announced on 27 February 2007.
As a result, therefore the Board remains optimistic about FFastFill's prospects as an independent company, with a bright future.
myway
queen1
- 05 Mar 2007 12:48
- 106 of 123
Hi myway
I don't think that this is necessarily a bad thing although the market has obviously reacted badly. It's good to see a Board with believe in itself and its Company, who are not willing to sell cheap for the sake of it. If contract wins continue apace I think FFA will be worth a lot more than 9-9.5p in a couple of years time. We may look back on today as a lucky escape!
skyhigh
- 05 Mar 2007 14:32
- 107 of 123
Yep, worth hanging on in there... don't see any adverse reason to sell... as long as they keep growing and winning contracts and deals etc, then the rewards should follow ! (imho)
queen1
- 06 Mar 2007 15:32
- 108 of 123
Indeed they should....!
myway
- 26 Mar 2007 10:38
- 109 of 123
FFastFill was chosen by Reuters as the launch partner to allow customer to go 'live' on its Application Services platform. This service gives FFasFills clients commodity markets users direct access to a large number of futures and options exchanges which will include LME, Euronext Liffe and ICE. The partnership with Reuters has open up new business for FFastFill. The next stage is winning new contracts.
myway
- 02 Apr 2007 10:30
- 110 of 123
FfastFill is continuing to engage with and sign up new customers, such as the
contract with Natexis Commodity Markets which was announced on 27 February 2007, and New client win 30 March FFastFill signs Calyon Financial for its Application Service. Full report can be found at www.shareclubuk.co.uk well worth reading as more good news and background on the company
queen1
- 02 Apr 2007 13:36
- 111 of 123
Thanks myway.
myway
- 10 Apr 2007 14:31
- 112 of 123
Hi queen1
Pre-Close Statement 2006/7 The company plans on issuing its results at the end of May, the company expects to report financial results for the year to 31 March 2007 broadly in line with market expectations despite the short term operational impact of the recently terminated talks with a potential offeror. The company finished the year with a significantly increased order book for the next twelve months. Chairman Kaith Todd has worked hard to turn the company around.
myway
queen1
- 10 Apr 2007 15:02
- 113 of 123
Yes, it all looks very positive myway.
Claretdabbler
- 14 Jun 2007 12:14
- 114 of 123
Almost all sales &the price holds or even goes up! Is somebody able to explain?
skyhigh
- 14 Jun 2007 12:17
- 115 of 123
beats me also.. not complaining though as 75% in profit,..think this'll go higher (imo)
myway
- 20 Jun 2007 14:55
- 116 of 123
Ffastfill at long last this old dog is on the move. The acquisition of Exchange Systems Technology Ltd., represents an attractive opportunity to expand FFA's product set and accelerate its growth. At shareclubuk.co.uk FFA is indeed our number one stock.
myway
- 02 Aug 2007 12:08
- 117 of 123
Ffastfill hit the jackpot with their first project from the stable of EST which it recently acquired. The new business win was undertaken for SEB, although the bank has been a long standing customer of EST. shareclubuk.co.uk was also pleased to read this announcement as its a prominent share of the clubs portfolio
queen1
- 17 Oct 2007 18:23
- 118 of 123
Some positive movement every day this week. Anyone know why this may be after a very quiet period?
myway
- 22 Oct 2007 14:04
- 119 of 123
Hi Queen FFA is starting to take advantage of its new set up service, which is much faster so traders are showing interest.
FFastFill is the leading provider of application services to the global derivatives community. FFAs services and solutions use the latest developments in technology to automate trade flow processes across a firm's front, middle and back offices. FFA's solutions encompass electronic order routing, clearing, risk management and back office as part of integrated, yet modular system architecture. FFA's application services provide institutions with cost savings in their administrative and IT
departments and significantly reduce or eliminate the investment costs associated with maintaining their own technology infrastructure. All of FFA's services are
delivered against a contracted Service Level Agreement (SLA), which can be
tailored to an institution's business requirements. This quality of delivered service has been enabled through the deployment of a uniquely engineered and totally managed software and technology infrastructure. FFA recently acquired Exchange Systems Technology Ltd a company supplying back office (Post Trade Processing) systems to the financial markets.
At shareclubuk.co.uk meeting this morning the general feeling is that the merger with ETS has gone well, over the last week the share price has traded up, we all look forward to the next set of figures due to be released in November. One of our best investment to date.