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

This might be a startig point

ROFLOL

I received a copy of the annual report a few days ago to take a look.

It has been falling consistently for 10 months.

It has less than 3p per share of net assets. The rest is hype.

At end December last year FBT had 2.3M. At the end of the previous year they had nearly 2.8m. So they had a cash burn of about 440k. We are about 6 1/2 months into this year. At that rate they have spent another 238k or more (probably more as the cash burn has increased every year).

This means that the cash reserves are now about 2.13m or less. There are 75.47m shares in issue. That is 2.8p net assets per share.

The shares are trading at 22p. That means they are trading at 7.86 times their net asset value.

This is very high for a company that has never made a profit, has a tiny turnover and sells non standard products that the market doesn't seem to want.

Thank you Haystack - If only the majority of posts were as concise and easy to understand.
Snappy - what does ROFLOL mean. Seems to me that a thread containing abv might be a good idea.

"The shares are trading at 22p. That means they are trading at 7.86 times their net asset value.

This is very high for a company that has never made a profit, has a tiny turnover and sells non standard products that the market doesn't seem to want."

Sounds very similar to Tadpole!

ROFLOL stands for roll on floor, laugh out loud

Haystack, have taken into account all those users paying 10 to alpha test the product in your ca$h burn predictions ? ;-)

ROFLOL

snappy - thanks LOTFCIMM - "Lying on the floor crying in my milk" - putting this one on my watch list.

why are we so negative about this stock
anyone with serious comments pls

basharat - just wait until after the IBC, after which I'm sure you shall see a very sharp rise (see graphs after last years event), but I wouldn't expect FBT to be making any seriuos money in the short term, as they are still in the R&D stage, the long term that's a different story

Tokyo you always seem to appear on bombed out hugely speculative shares. Is this coincidence?

FBT has been in the R&D stage for years. It looks like never finishing.

They are still heading down a dead end as the rest of the world is using streaming systems based on the mpeg-4 standard. They make a sizeable loss (getting bigger each year), have only about 40k turnover, have a large cash burn (getting bigger each year) and hardly any customers.

i think we are at the bottom price noew for this cycle.there is surely some serious money to be made in commimg month and if we get one good contract which i believe we are in negotiation at the moment this share could fly beyond our imagination. i still have faith in this company and will surely give it atleast one more year.

Very difficult to spot a share at the bottom of a cycle or anything else.

A share price can alwasy go lower!

there has been some poitive movement today.any body sitting on any information

Would expect it is a build up to the conference next month

FBT moves up briefly and then drops back lower than where it started about once a month. Sometimes it is a rumour or just the MMs playing games.

In June it moved up by a larger pence value and % than today and in a few days was lower than is started.

Every time punters get excited and lose a bit more money. I suspect that the MMs move it up to encourage buying and then back down again to its more realistic level.

The IBC conference in September has over 1,000 exhibitors and is a broadcasting conference and exhibition. FBT are in a small side hall at the exhibition and will be a small sideshow. Have you ever been to the Ideal Home Exhibition and seen the stands where some guy is demonstarting a wonder mop.

blue again today!!!

Yes. It often is up for a couple of daya before it drops again. It has that saw tooth pattern you get with a lot of falling stocks.

Look what it did in June and May and March and February.

http://news.independent.co.uk/business/analysis_and_features/story.jsp?story=546697


THE NEW THREAT - VIDEO OVER BROADBAND?

Cable television was always seen as the main threat to BSkyB's dominance of the digital television market. The so-called "triple play" - bundling telephone, broadband and television services together - was supposed to be enough to draw consumers to cable rather than satellite.

But it didn't happen. The two main UK cable companies, NTL and Telewest, ran out of money. Growth in cable television subscribers was reduced to a trickle.

However, the emergence of new technology could shake up the market. Video over broadband will allow people to watch programmes over an internet connection. BT and Wanadoo, which is owned by France Telecom, are planning launches next year. And NTL and Telewest are said to be working on similar proposals.

In the long term, this promises to change television viewing and could force BSkyB into a strategy rethink.

BT and Wanadoo maintain their planned services won't rival Sky's. "If you have a Sky box, then you will want our offering as well - not instead of," insists Pierre Danon, chief executive of BT Retail. Privately Wanadoo, which is headed in the UK by Eric Abensur, spins a similar line.

To make their video over broadband services a success, both companies need BSkyB's content, and not just its home- grown programmes. Trevor Brignall, business development director at Cap Gemini, says: "BSkyB has a lot of buying power and is well connected with the film studios. There is now a real opportunity for Sky to act as a wholesaler."

Video over broadband has advantages over satellite. Programmes can be watched on-demand, with more interactivity between the viewer and, importantly, the advertiser. Rebecca Jennings, senior analyst at Forrester Research, says advertisers may be prepared to pay a premium of up to 15 per cent for an interactive advert.

If BSkyB judges that this technology could one day become mass market, it will have to develop its own broadband plans. Speculation is rife over its next move. Adam Daum, chief analyst at technology research company Gartner, says: "I suspect BSkyB will sit back and watch other companies lose a lot of money. It will then magically announce a deal with BT for video over broadband."

http://news.independent.co.uk/business/analysis_and_features/story.jsp?story=546697