FFG 10.0% 0.9¢ fatfish group limited

What is Fatfish & its Primary Investments, page-112

  1. 1,516 Posts.
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    It is good to see support from holders during recent market interest fears that made the general market trend down somewhat and in the big end of town quick price corrections followed so they make their money again when the market trends up again. A merry-go- ground in a sense. It is not a GFC but attacks on nerves for those not sure of their apples. Will get back on track shortly in a more controlled fashion with the odd breakout occurring in between.

    Looking closer at FFG, it seems that we have a large number of partnerships and controlled holdings in many companies and many holders who seem to feel that that having balance- sheets and in more in control of workings would be better for more clarity. Not really, too expensive to pay running costs of all partnerships until they ready to reach new IPO status. In the meantime it is better to hold as partner ships/sub-sidliaries until ready to rock and roll. Again, imagine having to pay running costs on all partnership companies. Better to hold your cash share assets until you are ready to move. Warren Buffett holds mainly subsidiaries so we look and learn. But really, holders have to realise that their holdings are more valuable than they think if you understand the modus operandi.

    Looking at our iCandy holdings only, again it appears our holdings are even higher than thought with a subsidiary increasing the holding to almost a third of the company.. We are not ever going to get into financial trouble on this basis alone. I am afraid this has to continue until our other holdings move to IPO status or are sold as growth assets. Otherwise we each have to research elsewhere else on the notice board in the meantime and get noticed

    We should concentrate on what is hot or beginning to run like Fatberry or our recently BNPL product already launched and new boy moving in SE Asia with high possibilities I have no doubt.

    I just say to our stronger holding now; in my opinion it is pretty soon moving again.
    The price of Fatfish last time I Looked was back near the area of before our last large breakout which was premature that time. It is my opinion we are soon to start moving on again.

    At the moment we are priced only near our iCandy holding without the costs. I bought again.

    In my opinion only of course. Dyor and good luck..



 
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