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
- 13 Jan 2007 12:51
- 95 of 123
Profitability around the corner, some big client wins....
aevansdj
- 14 Jan 2007 18:55
- 96 of 123
Does anybody know who is considering a bid for ffastfill?
Must admit have weighed in & bought some more.
myway
- 23 Jan 2007 19:26
- 97 of 123
Any idea on who is talking to FfastFill re a possible offer for the company? The 28 day period is just about up.. An announcement should be made this coming week.. Reuters could be in the frame to make a move?
myway
- 29 Jan 2007 14:04
- 98 of 123
Ffastfill Plc Someone is looking at the books.. The Market Makers are holding the price at 7.88p which gives share-club-uk a profit of 111%. I have taken out the book price by selling off some shares. Now the big question is do I sell and take all of the profits or sit tight and wait for the outcome? Very soon we will find out the true intent of the company that has made the approach regarding a possible offerthe big question is the level of a bid.. If indeed there is a bid Any input please?.. deal or no deal? My own feeling is that FFA has a first class product. So I cannot see a fall in the S.P. in any case.. This week should be most interesting
myway
- 05 Feb 2007 11:39
- 99 of 123
Ffastfill Plc Approach regarding a possible offer for the company Patsystems is suspected of having an interest in Ffastfill.. However there could be a number of different people looking at the company.. A major shareholder, even a Bank or a competitorInside track market sources news is that any offer at all would have to be in the region of 14p conservatively, so a bid between 14p to 25p would be needed to get the board interested. However with the cost base now fixed and profits around the corner (with no tax to pay for a while, as they have been making a loss for so long). Who knows what they could be worth going it alone......
FFastFill Signs RBC Capital Markets for its CME FX on Reuters Application Service
LONDON AND CHICAGO, Feb. 2, 2007 FastFill announced today the signing of RBC Capital Markets to go on its CME FX on Reuters Application Service. This service gives Reuters Dealing 3000 users direct access to the CME's foreign exchange (FX) futures and options and enhances the ability to seamlessly trade FX spot and futures products.
FFastFill was chosen by Reuters as the launch partner for this project in May 2004 and has been responsible for building and maintaining a trade order routing service that enables traders using Reuters Dealing 3000 to also execute the CME's FX futures and options contracts. As a result the S.P. has moved up by o.50p to 8.38p
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?