basharat
- 15 Jul 2004 22:54
is there any body who could share his views about long term future of forbidden technology.i am holder from tech buble times and still hope best is yet to come for FBT
hlyeo98
- 30 Sep 2004 18:37
- 103 of 135
FBT looks cheap at its current price.
Haystack
- 01 Oct 2004 11:10
- 104 of 135
Or very expensive, if you have an alternative view. It has at least fallen today. The net assets are worth less than 3p a share and it has a tiny turnover.
snappy
- 01 Oct 2004 15:02
- 105 of 135
Could FBT become the new Tadpole for bb ramps?
basharat
- 02 Oct 2004 14:31
- 106 of 135
now i started to agree with haystack
this company is very expensive at this price but it is intresting and worth a punt @5p level
hlyeo98
- 04 Nov 2004 22:46
- 107 of 135
In Shares Magazine, FBT is regarded as a sleeping beauty, its price will soon soar.
Haystack
- 08 Nov 2004 01:10
- 108 of 135
This is one sleeping beauty that may turn out to be an ugly sister.
basharat
- 28 Nov 2004 18:59
- 109 of 135
bt is agin considering tv over internet.they had some testing before with bt and may be things are going to meterialise which we all been hoping for.
Haystack
- 28 Nov 2004 22:10
- 110 of 135
One thing that is for sure and that is that it won't be FBT that BT uses. Their compression and playback can't cope with the picture size and quality that is necessary for TV.
All discussions about TV over broadband contain references to the mpeg-2 and mpeg-4 standards. SKY for instance use mpeg-4 currently and a number of companies are planning to broadcast using mpeg-4.
hlyeo98
- 03 Sep 2005 11:38
- 112 of 135
Online video sharing platform specialist, Forbidden Technologies unveiled its interim numbers for the six-month period to 30th June. Shares were unchanged at 26.5p as the company posted pre-tax losses of 344,922 pounds as negligible sales. However, an upbeat accompanying statement gave cause for optimism, as Forbidden said that it was "more confident" about the prospects for sales expansion in 2006. Bearing in mind the company generated just 17,851 pounds in sales for the first half, the company is starting from a pretty low base, so sales expansion should hardly prove difficult. However, progress is clearly being made in both the professional market with FORscene and the consumer market with Clesh, so perhaps the company can build some momentum in sales going forward.
Haystack
- 13 Sep 2005 15:32
- 113 of 135
Terrible results once again. Lower turnover and higher losses and still the very large cash burn.
FBT are down again. every year now for some time the price has fallen after the IBC exhibition which is just ending. This year the price did not even rise before IBC. perhaps releasing the poor results just prior to IBC was bad timing.
FBT is now only 6.5p above its all-time low of 18.5p in 2001.
Haystack
- 17 Jul 2006 11:45
- 114 of 135
I went to the Broadcast Live show where FBT where exhibiting. Their stand was poorly attended while I was there. I watched a seminar by FBT given by Stephen Streater. He is a good speaker, but I thought the content was very poor.
The audience asked the usual questions such as why doesn't FBT stream a decent sized image and why can't there be an option to resize. The reply was that Java cannot do full-screen without more control of the PC which is not possible.
The answer I got from one of their staff was that the quality would drop severly and that they could not expect to compete with installed streaming players such as Real, Widows Media and Quicktime. This is beacuse their player is downloaded at the front of the stream and is therefore restricted in size and features.
Haystack
- 20 Jul 2006 12:52
- 115 of 135
Now only 2.5p above its all-time low set a few months ago and less than 1.1p in net assets per share.
This trading at around 15 times net assets. Turnover 59K, loss 725,379.
Haystack
- 07 Aug 2006 13:00
- 116 of 135
Another fall. Now only 2p above its all-time low and still around 15 times net assets. A fair price looks to me to be about 3p max.
Haystack
- 10 Aug 2006 14:20
- 117 of 135
Another 1p down. Now only 1p above its all-time low.
Haystack
- 11 Aug 2006 13:11
- 118 of 135
Another fall. Only 0.5p above historic low.
hlyeo98
- 28 Sep 2006 08:17
- 119 of 135
Forbidden Technologies PLC
28 September 2006
Forbidden Technologies plc
Interim Results for the six months to 30 June 2006
Forbidden Technologies plc ('the company' or 'Forbidden', AIM: FBT), through its
proprietary technologies, has developed and is marketing a range of Internet
video editing and sharing platforms for a wide range of market segments in the
wired and wireless world.
In the six months to 30 June 2006 the company recorded sales of 68,228 compared to 17,851 in the first half of the previous year. Administrative expenses were 384,760 (2005: 401,493) and the loss in the six months was 360,274 (2005:390,929).
At 30 June 2006, the balance sheet showed 655,474 of net current assets (2005:
1,328,915) and cash and liquid resources of 645,676 (2005: 1,280,451).
Sales are significantly higher than in the first six months of 2005 and in fact,
have exceeded the total sales achieved in the whole of the previous year (2005:
59,705).
With higher sales and lower administration costs, the loss is also reduced and
the cash outflow from operating activities is consequently lower at 305,543 (H1
2005: 337,837).
For the first time in this interim reporting period, we are obliged to implement
FRS 20, the new accounting standard which requires us to reflect the 'cost' of
share options in the profit & loss account of the company. We have included a
line 'FRS 20 employee share option cost' shown within 'Operating loss'. This
results in an increase in the reported loss for the six months to the end of
June 2005 by 46,007 and for the six months to the end of June 2006 by 55,638.
This is a non-cash item, does not affect cash flow and is neutral to the balance
sheet.
Progress and prospects
The Forbidden Team have just returned from the International Broadcasting
Convention (IBC) in Amsterdam. It is gratifying to note that, whereas a year ago
visitors to IBC were impressed by our technology, this year there was a marked
difference. Visitors looked at FORscene as a complete working product and were
primarily interested in how it could be used in their individual businesses. We
secured a large number of promising leads from the UK and from many other
countries and these will be followed up in the coming weeks and months.
At IBC the FORscene web-based post production platform was the base for IBC's
first citizen journalism project which allowed attendees to contribute their own
video stories through their mobile phones. The news clips sent to the IBC
Citizen TV base were edited daily using FORscene, which automatically formatted
and compressed the video into mobile-size clips for viewers.
Haystack
- 28 Sep 2006 10:33
- 120 of 135
More awful results. Their increase in sales only looks good because the previous six months and last year were so bad. The admin expenses were very similar and the loss was only marginally better.
This is clearly going nowhere as usual. The revenue is abismal considering how long they have been in business - 68k.
The shares are now trading at a new all-time low. Their net assets per share must be less than 2p per share now.
Haystack
- 23 Nov 2006 10:46
- 121 of 135
FBT has hit a new all-time low of 13.5p so far today with a 15.62% fall.
Two MMs are on 11p for the bid! The rest are on 13p.
It is hard to believe that at even 13.5p it is still valued at almost 20 times its net assets.
In the last set of results they lost 370k on only 68k turnover.
They have cash enought left for about 7 months at the current cash burn rate.
Haystack
- 24 Nov 2006 11:31
- 122 of 135
All SELLS today again so far. One MM still on 11p for the bid, one on 12p and three on 13p. It looks like it could go lower.
Even at a share price of 3p it would be valued at nearly 7 times net assets - amazing for a losss making company with a large cash burn and a minute turnover.