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FNET Future

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Last Updated: -
Delayed by 15 minutes
Share Name Share Symbol Market Stock Type
Future FNET London Ordinary Share
  Price Change Price Change % Share Price Last Trade
0.00 0.00% -
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Future FNET Dividends History

No dividends issued between 26 Apr 2014 and 26 Apr 2024

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Posted at 07/1/2005 11:29 by bulls hit bears
From Citywire Monday 03 January 2005

DEREK STUART, ARTEMIS
Artemis UK Special Situations (Artemis UK Special Situations) manager Derek Stuart, AAA-rated by Citywire thinks the market will be 'pretty much unchanged' next year. He said: 'The economic headwinds will make going slow, at best the market will grow in the low single digits percentage-wise.' The one bonus according to Stuart is the fact the corporate sector is very cash rich.

Stuart will look out for profit warnings and tough trading conditions to provide buying opportunities particularly in the consumer sector. The Artemis team are still fans of the oil sector and in particular the oil services sector where the recent buoyant conditions have yet to really filter through. Stuart favours Abbot Group (ABG) and Expro International (EXR). In mining he holds Xstrata (XTA), Lonmin (LMI) and European Goldfields (EGU).

Other sectors Stuart has bought recently include healthcare, IT and media where he has added to his holdings in Future Network (FNET), Centaur and Taylor Nelson Sofres (TNN) although he is keen to stress these are stock specific picks rather than sector plays.
Posted at 22/9/2004 18:04 by initiate
Yes very odd and some large MM trades too. Time to take a closer look at FNET ?
Posted at 27/5/2004 17:39 by neilavery
Could this be the start of a bounce for FNET? 60p is certainly an important support area! If this fails we could be sub 50p. The problem is we have resistance at 65p.
Posted at 12/5/2004 11:40 by neilavery
Nice to see FNET break through 70p again. Chart and indicators looking good!
Posted at 07/4/2004 12:49 by chas51000
Good to see that they have chosen to use Marketforce as distributors when this used to be an over my dead body issue for current management.

Big survey being conducted in marketplace on what influences peoples decisions to buy games - do not expect magazines to feature. Given how many people buy games circulations of these specialist magazines are poor both relative to this population and also historically.

Can not see an exit so dividend not sufficient reason to invest. Ex growth and not large enough.
Posted at 28/11/2003 08:43 by darias
Nobody bother to report news anymore.

You miss this one when it has been tipped by almost every business publication in the country. You obviously do not believe in making money!

RNS Number:6075S
Future Network PLC
28 November 2003



28 November 2003



THE FUTURE NETWORK PLC



Trading Update



The Future Network plc, the international magazine Group, today issues the
following trading update.



Trading in the four months to 31 October 2003 has continued the trends evident
in the results for the first half-year to 30 June and overall, the Group's
magazine portfolio continues to show progress. Accordingly, the Board remains
confident that the Group's profits for the year 2003 will be in line with
current consensus market expectations.



Revenues for the first ten months of 2003 include the impact of the magazines
acquired from Hachette in France on 28 April 2003; and one month's revenues of
the recently acquired Guitar World title in the US.



For the first ten months of 2003, total Group revenue increased by 12% compared
with the same period last year. Circulation revenue (which for calendar year
2002 accounted for 68% of Group revenues) grew by 14% compared with the same
period last year. Advertising revenue rose by 9%.



Revenue performance by sector for the first ten months shows year-on-year growth
of 18% for games, 6% for computing, and 10% for entertainment magazine titles.



Future's UK business is trading satisfactorily. Future's US business has
continued to experience very good year-on-year growth. Integration of the
recently acquired Guitar World and Guitar One magazines in the US is on track.



The Group expects current trading patterns to continue for the remainder of
2003.



The Company's results for the year 2003 are to be announced on 10 March 2004.



Company Visit



On 5 December 2003 Future will be holding a company visit to its UK operations
in Bath. The purpose of the visit is to provide analysts with an opportunity to
enhance their understanding of Future and to meet additional members of the UK
and US management team. No new financial information will be disclosed. Copies
of any presentations used during the visit will be made available on the
company's website at the conclusion of the visit.



Enquiries:

The Future Network plc
Greg Ingham, Chief Executive Tel: 01225 442244
John Bowman, Finance Director

Hogarth Partnership
James Longfield/Georgina Briscoe Tel: 020 7357 9477



About The Future Network plc



The Future Network plc was founded in the UK in 1985. Today, it publishes over
90 specialist consumer magazines worldwide, is the world's leading publisher of
games magazines and is the fifth largest magazine publisher in the UK.



Future employs around 1,000 people in offices in the UK, US, France and Italy.
Nearly 100 international editions of Future's magazines are also published in 30
other countries across the world. The company is listed on the London Stock
Exchange (symbol: FNET).



Future announced on 16 September 2003 its financial results for the half-year to
30 June 2003. Future reported an adjusted operating profit of #6.5m on turnover
of #80.6m; and net cash at 30 June 2003 of #17.3m.






This information is provided by RNS
The company news service from the London Stock Exchange
END

TSTVDLFLXFBEFBB
Posted at 11/11/2003 14:21 by cyberian
With EMAP looking so strong I still feel that the latter must have an iterest in FNET by using its more valuable paper. They are a PE more than twice that of Future....by the way I liked their new Laptop magazine...first rate, and should sell well.
Posted at 23/10/2003 09:57 by liquidkid
Cash acquisitions is what caused FNET to blow up last time around and the end result was a 120% share dilution and a 20p share price. I'm sure this time they'll do it better - it's the only option that can be used to produce any significant growth as present. They might be jumping the gun with the games mags though as the present cycle looks to be coming to an end - Sony last night reporting "poor performance for its PlayStation2 game machine. its game business took a heavy toll on Sony's bottom line in the second quarter. Operating profit in the division plunged 91% to Y2.18 billion for the July-September period."
Posted at 22/10/2003 14:10 by darias
>>Liquidkid

The company appears to have researched the mags pretty well - a number of provisos in the final deal which safeguard fnet's position. Surely the purpose of cash in a company such as Fnet is to ensure that there is future profitable growth. These acquitions appear to have acheived that.

Still each to their own particular point of view. However the markets have responded positively to the deal.
Posted at 11/10/2003 12:51 by cyberian
Despite level of large sales at just above the bid in recent days it could suggest that there is a continuing taker of stock by a single party. This could be an intersting development or we may continue to see the same pattern at current levels. Allldepends on whether provider (seller) is finished or not. With the markets behaving better and with FNET entering into their most interesting and valuable trading period we should see a gradual improvement in share value. Certainly there is considerable growth in the US and the need to be informed through the FNET publications is even more critical with expanding hardware/software products/developments.

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