Fdm Share Discussion Threads

[paddyfool] 24/7/2006 11:51

Thanks for that. The profit figure is going to far exceed 2.7 million. If the current level of trading persists then £4.5 will be the answer. I would expect the company to become aquisitive as well. Being in the tech game I can say that the demand for resource is as high as it is has been since y2k. In particular the very hot spot is .net. Most major corporates are in teh game of spending and increasing that spending through 2007.

[tole] 24/7/2006 11:16

Lots of background on their business - Highlightining the differences in FDMs business from other IT recruitment companies because it has its own employed consultants which it hires out at higher margins than standard freelance
contractors.

Puts some of FDMs success down to it concentrating on niche markets. Increase in demand for people with certain programming skills. Mentions its move into the Microsoft .NET market which should bode well for the future since it is a growing market etc etc

Reviews the share price trading at just below April 2005 float price despite the postive trading update.

Recent results showed a rise in turnover from £33m to £35.1m and an increase in profits from £1.8m to £2.15m. Net cash was £2.3m at the end of 2005.

2006 should see the benefits of the investment in growing the number of employed consultants with profits forecast to rise to £2.7m but this figure could be upgraded following the positive trading statement.

Shares trading on less than l0 times the previous forecast earnings for 2006 falling to little more than 7 in 2007.

[paddyfool] 24/7/2006 10:54

Realy? What did they say?

[tole] 24/7/2006 10:04

Was tipped in Hargreaves Aim newsletter this month..

[paddyfool] 24/7/2006 09:39

To fly the good nnews needs to be more widespread and this company needs to develop a following. The story is great this year they are likely to make around 4.5 million profit with a market cap of £20 million.

[tole] 24/7/2006 09:07

Nice rise today.

[merroth] 17/7/2006 09:35

seems good Paddy, I have a few of these and they are way undervalued. I don't want to put too much of a price on them until the new financials are out but my gut feel isn't too far off what you say!

[paddyfool] 10/7/2006 07:35

Well the announcement is out trading is ahead at least 20% from last year. This should translate into a much bigger growth in profits. Soon someone will take notice....my price target is £1.50 by year end.

[paddyfool] 19/5/2006 08:45

And still the good news comes! and nothing happens, this company has a PR problem!

[paddyfool] 07/4/2006 05:39

The company is worth 19 million it had a profit in 2005 of 2.1 million. In the first quarter of 2006 it has traded over 20% more business than last year. It is boom time in the IT placing industry......sooner or later sokmeone will pay attention.

[paddyfool] 05/4/2006 14:08

At some point this will get noticed!!

[paddyfool] 04/4/2006 10:02

Contractor numbers up 20% in the 1st atr of this year! Stunning and yet no one takes any notice. Sooner or later they will....

[paddyfool] 25/3/2006 12:23

Accross the board IT resources are back in demand. Trying to get good IT people is now as tough as it was leading up to y2k. Unless these guys are complete numpties the results should therefore be good and the prospects yet better.

[Abuse team] 19/3/2006 20:16

Post removed by ADVFN

[wiganer] 19/3/2006 20:04

Company Website:



Edison Research Note:

[dashwood2] 19/3/2006 20:00

The Mail on Sunday recommends a sell after tipping this very highly last May. I wonder if this will drop tomorrow.

[golla] 08/3/2006 12:59

It has been long time since last thread.Any views on this stock at this level is welcome.This co. seems to be doing well.

[foxking] 29/12/2005 20:46

Still waiting to buy in. This share has been walked down on very little volume. Hope there's a trading statement in January. If it's positive, then this could bounce big time from 80p ish.

Will anybody ever read this post I wonder ????

[paddyfool] 02/11/2005 08:24

Join the dots up on the new appointment it looks like these guys are on the aquisition trail.......

[foxking] 24/9/2005 10:52

Not in at the moment but a ' No Brainer ' buy in SHARES this week. Looks promising - looking to buy on ' weakness ' after the recent rise .Any more info Paddy ?

[paddyfool] 08/9/2005 10:54

Well the results are stunning half year profit £3 million, Market cap £20 million. Growth looking good.

[paddyfool] 23/8/2005 16:44

Anyone have any views on this? A fairly underwhelming debut but improving of late. In a sector that is doing well right now.