Firan Technology Group Corp FTGFF

Wow

[Chefboy69]

I was out all day and just saw this news release. I am completely flabbergasted and really really like this acquisition. I have been waiting for this company to announce a dividend but I guess they have decided to grow through acquisitions. I think that's a great idea and actually prefer it as an investor. I see this now being easily a $10 stock once analysts and Market people start covering it and now it has become a real true defense / Aerospace company in Canada which is pretty rare. Congratulations long-term shareholders and any new ones

[tannin]

Don't count your chickens yet Chefboy, I"m not interested in FRN offer for my FLY shares...we'll see how others feel.

[Mick67]

Your next offer was zero!

[tannin]

You know nothing about FLY 'Mick67".

[tannin]

Mick67, Firan is in slow growth, low margin stodgy businesses; FLY is hi tec, hi margin with new product lines approved/being approved, 3 mill cash, growing saas income and universal recognition in airline biz. Of course Firan wants FLY, it just doesn't want to pay for it.

[profitprophet1]

Firan is the superior company judging by the cash flows, profits, debt levels, share price and other metrics. Obviously Flyht has potential and the only people upset that Firan got a good deal on the acquisition are disgruntled holders of Flyht. As a Firan holder I'm happy with the acquisition.  Glta.

[tannin]

Of course Firan wants FLY, it just doesn't want to pay for it.........too bad, good fit.

[Possibleidiot01]

tannin You do have a point about Firan having lower margins but low growth?     TORONTO, ONTARIO – (February 7, 2024) – Firan Technology Group Corporation (TSX: FTG) today announced financial results for the full year and fourth quarter of 2023. Full year bookings were $149.5M, up 32% over 2022. Fourth quarter bookings of $39.0M were up 9% sequentially and up 22%