Why don't you like it? If you have more money to put in you will get a bonus. If you don't but have already bought the right players then you should see some decent capital appreciation with the new money coming in. Plus extra media dividends. Seems ok to me and I don't really have extra money to make the most of the bonus.
Best posts made by Weggers83
RE: Not good for Swedish traders
RE: 900 for 1 p will not work
Over the last week we have seen a lot of debate about it needing 900 shares to increase a price by 1p. The main argument against seems to be that price movements will be slower and this will discourage new investors due to the psychological impact of not seeing price rises.
I agree with the theory, however I think we all need to give the platform some time as no one is really sure what it is going to be like now the share split has happened.
I was worried about the lack of movement, but in the last few days I have seen an increase of 0.5%. This is after the huge rises we saw during the split. Now 0.5% might not sound much, but if I made this every week that will be at least 20% in year, which seems pretty good to me.
Maybe I have just been lucky at the moment and the market is flat (not that unexpected considering the amount of money that has recently been pumped in). If the market remained flat for a month, then I would say we have a problem. However as @gregf pointed out, if the market it flat I'm sure FI will try their very best to stimulate the market. Only when this happens and they fail to stimulate the market, will I start to worry about the platform.
In short I think we just all need to give the platform a bit of time before making any hasty conclusions about what will and wont work.
RE: Share Split Announcement - Thoughts & Reactions
I really don't see anything major happening in the announcement.
They will tell us what the share split factor is and also how dividends will be factored. As in will they go to decimal places or whole numbers. As well as explaining if odd number prices are rounded up or down.
Other than that could tell us that they are opening MB to all. Can't see any other changes than that.
RE: Seems like 900 moves 1p
I think the problem can be summarised like this:
For old users before the share split.
Someone has 100 shares @ £21. For the price to move 3p there needs to be £6300 (roughly 21*300) of investment. If that happens the owners portfolio will go up £3
After share split they now own 300 shares @ £7. For the price to move 1p there needs to be £6300 (7*900) of investments. If that happens the owners portfolio will go up by £3
So for all the old investors, when £6300 is invested the portfolio amount will go up the same, its just pre split you would see the portfolio go up in £1 incrementals, where as now you will have to wait longer but the movement will be £3 staight away. This to me is not a problem
A new user comes in because they can now afford the most expensive players. They buy one share in the player above.
They will have to wait until £6,300 is invested before the price goes up 1p, and in turn for their portfolio to go up 1p.
As a result the FI is not as attractive to the new user and they may decide to leave.
The idea of the share split was to decrease the prices to encourage more new users to join. The new users may not like the system though as they are not seeing much growth. So the question comes down to, 'Can FI attract enough new investment that requires the prices to increase enough to be attractive for the new users?' On this only time will tell, but as others have stated on various threads this will need a big marketing push to get the new users in.
*Please note I'm aware that in this analysis I have made no consideration to dividend payments which is the whole point in investing in players, as this would over complicate things and my brain can't cope with bringing them into the equation!
Hope this makes sense to everyone, and that my understanding of the current situation is correct. Also @Ericali, I appreciate its not exactly 900 = 1p, but I was just using this as a rough guide to illustrate my point :-D
RE: Congratulations FI - Looks like a job well done
so the activity tracker is working! Can't read it because its flashing so quickly with new sales, but it is definitely working!
RE: Advinculas Tip of the week
Cheers guys. Wasn't quite how I anticipated CHO winning it for me, but I'll accept the trophy with pride. I will frame a picture of the trophy on my wall! Amazing how much fun yu can have with a small competiton that has no monetary incentive.
RE: April 15th announcement
FI systems can only just about cope with correctly giving dividends as it is. I can't seem them changing things this radically. Imagine it will be likely to open up to 5 places, with maybe 10p, 8p, 6p, 4p, 2p to the 1st, 2nd, 3rd, 4th , 5th place player.
RE: Your Opinion on IPDs
I was going to write about IPD's a few days ago, especially due to the negativity that surrounds them, but didn't want to get into a big debate. However as you have started a thread I'll join in. :-P
Firstly, yes IPDs received the greatest % increase in the recent announcement, but realistically I don't think FI had a choice unless they got rid of them completely. Dividends are 1p for everything except Defender goals. They couldn't go any lower, as I think fractions of a penny would be too confusing and not particularly enticing.
I think IPD trading brings a purpose to the lower price players. The big names are not really affected. Yes there is a lot of volatility around these players, however if you are patient and buy the players for a long term hold, this shouldn't really worry you, as over time the prices do seem to gradually increase. For those that do like to risk a bet with IPDs there is potential to very profitable. I don't really go chasing IPDs but another benefit of this volatility is that if I have a player I want to sell, I wait for a goal and the surge that follows, and then sell the player on the high.
As you have mentioned, the volatility is great for FI and allows them to make a profit. If FI is successful, then ultimately I believe the traders will also be successful. Extra profit should hopefully mean the ability to increase dividend again and expand / improve the platform making it more attractive to new users.
It also captures some of the betting market that like the thrill of a quick bet. I was just talking to my friend who has made a decent profit with FI. However he said, he justs the big players making him money and is getting a bit boring. So despite being profitable he still wants the excitement of a quick bet. IPD's allow him to do this.
I have waffled on a bit there, so will summarise my main points!
- IPD's cant realistically be any lower so I don't necessarily think this is a big push my FI to make them more important
- The volatility is great for FI, and i believe anything that is good for FI should be good for the long term investor
- IPDs provides an excitement that long term holds don't.
- Can be profitably if you play it correctly, however you have to accept there is an increased risk.
- Yes they increase volatility, but if you are a long term holder this shouldn't worry you too much, as most prices tend to grow, some just go though a bit of a rollercoaster to get there.
RE: How is the platform sustainable?
Football Index makes money out of the commission they take for every time someone sells shares in player. This is 2% if you sell to market, or even more if you instant sell due to the spread. Also if someone sells to the market, it means someone else has bought, so the amount of money invested in the player remains the same, but FI have just taken a 2% cut and will take another 2% when the the second buyer sells.
Shares are only valid for 3 years, so everyone will have to sell at some point ensuring FI take their commission.
As long as this commission is bigger than the amount they have to pay out in dividends then FI are in profit. Now they will lose money on some players, but considering there are over 2,000 players, there are a lot of players who will never win dividends but FI will still take commission.
Hope that makes sense.
RE: Newbie trading diary
The 2% commission would widen spreads but may make market sells more likely. So not all doom and gloom.
As for valuing your port, I do it both ways so you know the best and worst outcome. The reality will be somewhere in the middle depending on a whole host of factors.
I still believe market sells will happen especially when all football has returned. You may just need patience for your player to hit good form / transfer spec / both
My friends are always asking why players don't rise much after scoring or assisting a couple of goals. My answer is always the same. Look at the PB score. Despite scoring twice his PB score was not that impressive. What does he have to do to win PB divs! Forwards need to be more than just great finishers to be good on FI.
RE: Which 1 Tip would you like to pass on to new traders?
The advice I give to any of my friends who have signed up recently is to read this forum. So much good information around, helps understand players prices and current trends, gives a different view point and also learnt about players I've never heard of before. (Pumping players is annoying but a good pump has me researching that player and buying on some occasions)
RE: Has everyone calmed down now 😂
The fact that they have the right to reclassify positions is generally not being disputed. The main aggravation for me and many others was the lack of warning. When FI make other major changes, like share splits, changes to dividends, promotions we are forewarned, but we were not on this occasion. FI have even come out and say they will try to handle it better in the future, so it would seem they agree.
I agree the general panic this created was surprising and people insinuating it was a devious plan from FI are massively overacting. It just seemed to be an oversight on FI's behalf (and some people don't even see it as an oversight). As a still relatively new company this will happen and I am pleased they have acknowledged the anguish this has caused some investors.
But to answer the original question, yes I have calmed down lol
This has really pissed me off. If something happens in the news and you don't react then its your fault and you have to suck it up. But when such a substantial change is made without any warning or communication (apart from maybe on Twitter) then I think it's really poor form by FI. Kimmich is now down 60p or 22% !
RE: Saul niguez
From what I saw during the winter transfer window, the longer the potential transfer is drawn out the higher the price goes, as the player is constantly in the media. However, as soon as the transfer takes place the price tends to drop. There are some exceptions but that was the general pattern that I noticed.