Latest News
-----------

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.'

---------------
Thoughts anyone?

Another blue sky share rewarding patience.
Have held since publication.

B_askin I think we are on to a winner here should be some good news by March.

Put on a good 9% today lets see what tommorow brings I have a target of 9.5p to 10.5p mid price with current info and news. There is a lot of info at www.advfn.com on the bb and at these links if you want a more indepth analysis, im not sure how many people view these thread let me know if the info is worthwhile, and ill post some more research cheers.

Evening Standard article 13 August 2003:
http://www.thisismoney.com/20030813/nm66497.html

More research:
http://www.lemminginvestor.com/FFILL.html

http://www.chuffy.net

Joey123
I would appreciate any information from whatever scources.
Look forward to your postings.
Regards.

Joey

Yes please to more info

Taken from advfn.

Recent share placings have given the company the funds needed to continue to grow. Better times ahead for shareholders. IMHO.

On 13 Nov 2003, the interim results to 30 Sep 2003 stated: "The market continues to be challenging but significant progress has been made:

* Turnover has grown by 317% to 1.6m.
* We have delivered two further quarterly software releases, both on time,
to specification and with high levels of reliability.
* We have further enhanced the product functionality raising all
components to the level of our industry leading risk management system.
* We have increased again the scope of our exchange connections to include
LME, IPE, and e-CBOT. These bring connectivity to 12 exchanges worldwide.
* We have made good progress in bringing forward our 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.

Outlook

While budgets for IT expenditure in the financial services sector remain
constrained, derivatives volumes are growing and our 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."

PLUS: The following share options details gives a good indication of where management appointed in October 2002 want to take the company:

"The Company will issue options to Mr Todd for 14,808,072 shares, to Mr Hartnell
for 4,936,025 shares and to Dr Elmore for 4,936,025 shares;

* the exercise price for the share options will be 7p
* these options will vest in 3 tranches
* tranches two and three being subject to the market capitalisation of the
company reaching 14.45m and 24.45m respectively."

Ironically, buying at 7.75p now is a lot less risky than at 3.5p or so last year when those options were granted given the funding that has been raised and the progress that the company has made.

Current shares in issue about 102m after the recent placings (incl. 22 Dec 03 RNS). Mkt cap at 7.25p is 7.4m.

DrKW also have nearly 10m warrants exercisable at 7p a share. This could raise more funds if needed and could happen anytime if the share price rises over 7p again. All IMHO. DYOR.

I reckon these shares are building up a head of steam and will zoom with just a tiny bit more good news! A lot of little shares are moving this January - it looks like the wider market sees a lot of value in these co's that have held on, improved management and got sound recent funding. Here's hoping...

Looks like you're right! Well done..

A late 2.8 Million buy near end of session. interesting.

This one has been on my radar for some time now, and they look about ready to really go.

Well somebody putting that sort of money into the company is clearly in the know.Must be Directors or someone with very close links.Maybe some news to be announced later today

If it were directors they would have to inform the market.

UP again today..anyone know why...could this be the start of something bigger?

Apparently FFA are about to release details of a new deal for their ASP software. Could be big judging by the increase over the last few days.

If turnover is going to double for full year results and if the company is near enough profit anyone clever enough to know the value of this company in the share price in real terms, is it already priced in?

Sold my Pipex Com shares and reinvetsed into FastFill...The market capital is ONLY 4m...and very very undervalued....expect this company to deliver in the weeks to follow and share price to increase as a result..of course DYOR AS always....

Note today's RNS announcement Today's EGM regarding the placing of 57,142,857 new ordinary shares at 7p per share to raise 3.8m. after expenses was approved. Results due 13 May.

something IS happening at Ffastfill and, as we all know, it aint what you do its the way that you do it.You know, so much information comes out of Barbados that one might be forgiven for believing that ALL the big deals and dealers were centered in that small island. Well, maybe not ALL but pound for pound there is more cash washing around Barbados than many 'financial centers' and more millionaires ready to make 'just one more deal' If that sounds patronizing, forget it. Most of the deals coooked up in Barbados are sound and profitmaking - what WE have to work out is 'is there MORE TO COME' on the FFastfill deal or is the info coming out of the Carribean Island 'old hat' P.S. it also helps to have a rich Mum who retired there and who LOVES to gossip.

We all agree it's undervalued and set for a rally but when? The results on May 13th if I'm reading up right should be well ahead of even the most bullish analyst expectations I've read...assuming they have held costs steady but what is unknown is how much they've reinvested behind ASP and new business development. We'll know by the 13th I guess...I'm getting edgy as the price has eased 5% this week and I just cannot fathom it out...anyone have any point of view?

Excellent set of results cash burn under control and costs loss per share reduced to a measly 3p from 10p a 6.6% rise today onwards and upwards.