Hi Kiril,
I am never comfortable with any investment however my comfort grows when I focus on the numbers from the company.One of my rules is to invest in companies where the directors have a significant holding in the company even more so when the company is small.A directors holding can never be relied on in its own right but is a box to tick off.Also the company must have a profit history or be close to producing a profit.Lets look at the debts note 19 of FFF which total $74 million of which the banks are owed $45 million and directors owed $29 million.The banks would have first option as the note states secured so Tony Wales would rank after the banks.They have an operating cashflow of $7.6 million as of last year so a descent operating cashflow.Actually if they owed the banks the full amount I would not be interested.I had FFF on a watch but did not go into the company until the recent full year result.I was surprised that someone valued at over $300 million was involved then again the amount put in by Tony Wales is less than 15% of wealth.There are positives and negatives.As you say we are taking a risk but I am taking a calculated risk with FFF.
- Forums
- ASX - By Stock
- FFF
- fundamentals anyone following
fundamentals anyone following, page-8
-
- There are more pages in this discussion • 19 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add FFF (ASX) to my watchlist
|
|||||
Last
1.2¢ |
Change
0.000(0.00%) |
Mkt cap ! $2.726M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 84 | 1.2¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
1.3¢ | 314134 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 84 | 0.012 |
1 | 4000 | 0.010 |
1 | 25000 | 0.009 |
1 | 120000 | 0.008 |
2 | 272857 | 0.007 |
Price($) | Vol. | No. |
---|---|---|
0.013 | 314134 | 2 |
0.014 | 74267 | 2 |
0.015 | 56475 | 3 |
0.016 | 462131 | 1 |
0.018 | 2000000 | 1 |
Last trade - 16.12pm 26/07/2024 (20 minute delay) ? |
Featured News
FFF (ASX) Chart |
Day chart unavailable