Future Share Discussion Threads

[cyberian] 11/8/2003 14:49

My concern here is that EMAP which enjoys a PE of circa 23 can make an offer with their paper and see no earnings dilution in view of FNET present and projected earnings recovery and it's continuing growth prospects. There may be other potential suitors from the US but EMAP could be a better home IF they are running their eyes over it. Have no idea but in any case expect to see good news in September figures and beyond with the company's usual caveat over the importance of the 4Q into Christmas. The trend and solid base of good revenues will influence whether the shares rise any further....they appear fairly firm at present. (Famous last words...probably nose-dive now!!). Still overall believe FNET is now a safe hold.

[cyberian] 07/8/2003 18:23

Interesting to see late T Trades yesterday and today.....so someone (or more) parties want to pick-up size...the one today was 100,000 at 66p after yesterday's 68p. Any ideas or has the upside momentum stalled until the results or EMAP or another potential bidder make a move...time and patience will tell.

[iviighty_iviike] 05/8/2003 00:54

there is a bright future ahead for future ;-)

[hatman] 04/8/2003 19:25

Another little tick upwards today, to close equal to the previous double top. Another penny on the price and this will be recognised as a blue sky breakout - then I'll buy some more.

[cyberian] 04/8/2003 10:54

Is the interest purely based on excellent fundamentals and/or a trade buyer?
Appears that there is steady buying interest and perhaps a lack of stock available....ie. holders sense good reason to sit tight. I may be wrong...but Future looks more promising!!

[charles clore] 03/8/2003 23:31

Good Lord I think I had better get some of these tomorrow!

[hatman] 01/8/2003 22:43

Topped up today. Volume needs to pick up to confirm this upside breakout. Perhaps some news over the weekend will produce higher volume early next week.

[cyberian] 01/8/2003 17:03

I wonder if EMAP or ANOther are checking this name over as prospects look more encouraging after earlier mistakes. The management appears to be more focussed and they obviously have a very strong creative team. Outlook for the shares looks encouraging as as hatman suggests we have broken-out of the recent 60-65p range. I also like these single protected trades over recent days at above the then offered price. Results are in September and should be good after 10/7 preliminary announcement as to 5 months of 2003 trading....however, company cautions over importance of final quarter. Still, personally believe that trend in demand will continue to grow. DYOR

[hatman] 31/7/2003 19:50

Jumped on board today with an initial nibble of 20,000 shares. The chart pattern has popped up on my weekly analysis of shares, using a series of exponential moving averages. Medium to longer term, resistance at 60/65 appears to have been broken, opening up the possibility of a blue sky breakout. Will add more if current momentum accelerates.

[cyberian] 16/7/2003 11:50

Thought the MM's pricing structure was a bit rich this morning on the offer side but now looks better....price looks fairly solid and holders likely to stay with company in medium term as prospects from recent company statement were basically quite encouraging. The prospect of a move by EMAP is in for free, but IMO the shares should go higher on fundamentals with an ever improving backdrop to parts of the markets where actual earnings improvements are being looked for. Perhaps investors will focus more on FNET nearer the results in mid September.

[wole] 10/7/2003 13:56

One would have expected a better response!


LONDON (AFX) - Future Network PLC said the performance of its magazine
portfolio is progressing well, with both revenues and operating profit ahead of
last year for the first five months and in line with internal expectations.
However, shareholders are reminded of the importance of the second half of
the year, particularly the fourth quarter, said the company in a trading
statement.
Circulation revenue, which in 2002 accounted for 68 pct of group revenues,
was up 8 pct in the first five months of 2003.
Advertising revenues was up 5 pct and total revenue was up 7 pct against the
same period in 2002.
Revenue performance by sector for the first five months shows year-on-year
growth of 13 pct for computer games, 2 pct for computing, and 2 pct for
entertainment magazine titles, said the company.
Performance in the UK magazine business is "satisfacty", with revenue growth
of 4 pct, while computer games revenues have shown the strongest growth at 8
pct.
Mainland European operations are expected to show a small operating profit
for the first half, said the company.
Turning to its US business, revenue has increased 8 pct (in sterling terms)
in the first five months of 2003.
"Each of the magazines published in the US is performing better than last
year," said the company.
The company will announce results for the half-year to June 30 on Sept 16
2003, it said.
[e-mail]

[matthewa] 05/6/2003 10:33

Looks like the next upleg to commence. Video games magazine publishing market has been buyoant this year exepct further upside on these. WOuldnty be surprised if the likes of EMAP take these boys out. Would be a great fit.


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[matthewa] 05/6/2003 10:29

Looks like the next upleg to commence. Video games magazine publishing market has been buyoant this year exepct further upside on these. WOuldnty be surprised if the likes of EMAP take these boys out. Would be a great fit.


.

[cda] 04/4/2003 08:48

Citywire:


* Future Network (FNET) specialises in video games magazine publishing, which has benefited from the continuing popularity of games consoles. This helped it to announce a maiden profit last month but chief executive Greg Ingham has taken the chance to bank some profits from his holding in the £155 million company.

On Wednesday Ingham transferred 317,826 shares into the name of his wife Jane who sold the lot on Thursday at 47p per share, banking a little less than £150,000. However Ingham still has a hefty 4 million shares, equivalent to 1.26% of Future Network.

Despite Ingham's sale the shares added 1.75p yesterday to close at 50p as it recovers slowly from a recent slide to a low of 47.5p having begun the year at a high of 57p.

Last year Future Network made a pre-tax profit of £10.7 million, its first profit since floating in 1999. The turnaround was impressive from a £121 million loss the previous year especially considering it came in a year when advertising revenues were flat for many publishers.

Future Network holds worldwide rights, apart from Japan, for authorised magazines for the Sony PlayStation 2 and Microsoft Xbox.

[iviighty_iviike] 03/4/2003 15:08

Wole,

i think that would be a tax thing.

as you say, "nothing to worry about"

cheers

[wole] 03/4/2003 10:14

Didn't notice this yesterday. Nothing to worry about IMO.

LONDON (AFX) - Future Network PLC said chief executive Greg Ingham has
reduced his holding in the company to 1.26 pct, or 4.04 mln shares, via the
transfer of 317,826 shares to his wife and their subsequent sale at 47 pence
each.

[wole] 24/3/2003 13:50

Uneventful start to week!

[fozzie] 17/3/2003 13:40

Improved results from Highbury House (HHO) today show that this
sector may be on the turn. Positive write up on Citywire.com for
both FNET and HHO! Both look like a very strong hold over the
coming year. Regards, Foz.

[wole] 14/3/2003 10:45

Another good one from the stable!

Future Publishing releases bimonthly software bible

Substantially covermounted PC Software provides value-packed proposition

Future Digital, the computing magazine portfolio of Future Publishing, is this month launching a bimonthly magazine that comes complete with a considerable software collection.

Aimed at all levels of PC enthusiasts from complete beginners to the more advanced and technically adept, PC Software's main focus is to provide a best value for money package.

Each issue of the soon-to-be-released PC Software magazine is covermounted with three CDs and retails at £3.99.

Offering £288 worth of applications with its first issue, PC Software's three covermounted CDs provide a mix of 300 utilities, 1000 tools and tweaks and 11 full programs amounting to 1.8Gigabytes of software.

Subject areas covered include image editing, music making and website design, as well as practical topics such as Windows optimisation, file protection and browsing the Internet without popup ads.

PC Software magazine itself counts 100 pages and is a combination of walkthroughs, in-depth tutorials and Q&As, providing readers with a guide on how to get the most out of the provided collection of software.

Dave Taylor is publisher of PC Software. Commenting on the launch of the magazine, he says:

"A first from Future Publishing’s computing portfolio, PC Software provides everything a value-minded customer needs to get the most out of their machine. We believe it offers unrivalled value for money."

Issue one of PC Software goes on sale 27/03/03.

-ends-

[l2e] 12/3/2003 09:49

the media sector is set for a recovery...but fnet is the only real star so far this year....looks like a bright future...just a shme that an economic downturn is around the corner!

www.polskishop.com

[wole] 11/3/2003 15:53

Some pretty heavy selling going on here today! Not a great day to release good news!!!

[wole] 11/3/2003 07:37

Great set of results. Well in line with expectations.



Should climb steadily over coming days.

Well done to all holders. All the best.

[wole] 11/3/2003 01:26

Future Network, the consumer magazine publisher, is expected to report a swing to pre-tax profits of £14.7 million, against a loss of £14.7 million last year, when it reports 2002 results tomorrow.

Source:

[boram] 09/3/2003 14:52

Future Network, Finals are out on Tuesday 11th.