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IFG - Infocus Group Holdings

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No news today (or this month), but FGL is popping its head up on increased volume.

Decent spike on 9 December too.

Something in the wind?

big.chart-FGL.gif
 
Frugl has signed an agreement for the provision of services with Metcash Trading Limited for focussed retail data analytics services generated through Frugl‘s leading price comparison technology platform for the Metcash Food division.

Two years initially; FGL has agreed to provide key data and analytical information to Metcash Food through the frugl and InFocus Analytics platforms to enable intelligence-lead retail decision making. The fees payable to Frugl for the data and analytical information under the Agreement are not financially material. Frugl will seek to develop its relationship with Metcash with a view to expanding the scope of the services Frugl will provide, in which case the Company would release a further market update.

- show us what you've got??
 
This is a company update from 16 Dec 2021:

It looks good because we are coming off a low base. Will this app dominate and be in the forefront of many minds?
HIGHLIGHTS
  • FRUGL ANTICIPATES CONTINUED QUARTERLY GROWTH ACROSS NEW USERS AND ACTIVE USERS
  • MAJOR APP RELEASE (V3.0) TO INCLUDE ADDITIONAL RETAILERS AND REFRESHED USER INTERFACE
  • FRUGL GROCERY MARKETING ACTIVITY DRIVING POSITIVE USER GROWTH AND BRAND AWARENESS
Click to expand...
 
Just came across this little tech firm.

Interesting times we are living in where people will tend to be more Frugal with their shopping as interest rates rise and as inflation starts to bite at the same time. The Frugl App might help save the retail shoppers with their shopping and groceries.

Chart looks like the worst of the downtrend may be behind it...:cautious:

1659275269522.png


Entered FGL for August stock competition.
 
aus_trader said:
Just came across this little tech firm.

Interesting times we are living in where people will tend to be more Frugal with their shopping as interest rates rise and as inflation starts to bite at the same time. The Frugl App might help save the retail shoppers with their shopping and groceries.

Chart looks like the worst of the downtrend may be behind it...:cautious:

View attachment 144804

Entered FGL for August stock competition.
Click to expand...
as a holder of this , long before it became FGL

i have just one word to say ... OPTIMIST !!

( but good luck in the comp. )
 
maybe

the deal with MTS might be a saver since MTS has already done a lot of hard yards in the restructure ( that all the retailers needed to do )

WOW for instance is liable to suck the junior partners dry
 
Miner said:
Tipped Fgl in oct
Click to expand...
Looking back, I noticed FGL had many names in the past. is it a rainbow stock then with multiple colors?
Any way, here go my posting to fulfil the conditions of tipping :)
On Friday the stock price dived down by 27%
1664611007492.png

Unfortunately on the same day, substantial shareholding notice meaning the holder Station Nominee got straight to south after increasing their stake. What kind of research was done before buy some 12 millions shares or what was the reason for the sliding motion ?
One of the directors also bought some 4.3 million shares.
the rights were issued at 0.01 considering the price closed at 0.011 even after 27% price slump.
Does it imply the stock price was artificially pumped up to support the capital raise.
I smell rotten fish.
1664611126566.png

1664611296303.png

The rights shares got undersubcribe too

1664611402412.png
 
REQUEST FOR VOLUNTARY SUSPENSION

Pursuant to ASX Listing Rule 17.2, Frugl Group Limited (ACN 096 870 978) (Company) requests a voluntary suspension in respect of its ordinary shares from the commencement of trading today, 10 January 2024.

The voluntary suspension is requested to facilitate an orderly market in the Company’s securities pending an announcement in relation to the proposed acquisition of a South East Asian based technology business (Announcement).

In accordance with ASX Listing Rule 17.2, the Company provides the following information:
(a) Reason for voluntary suspension – as set out in the trading halt request dated 8 January 2024, the voluntary suspension is requested pending the release of the Announcement.
(b) Duration of the voluntary suspension – the Company requests that the voluntary suspension remains in place until the commencement of trade on 11 January 2024.
(c) Termination of the voluntary suspension – the Company anticipates that the voluntary suspension will cease upon it releasing the Announcement.
(d) No reason – the Company is not aware of any reason the voluntary suspension should not be granted.
(e) Further information – the Company is not aware of any other information to inform the market about the voluntary suspension.

- ENDS -

i do not hold this share

but might be one for the traders among us
 
On November 14th, 2024, Frugl Group Limited (FGL) changed its name and ASX code to Infocus Group Holdings Limited (IFG).
 
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