Fdm Share Discussion Threads

[diogenesj] 21/2/2007 17:57

Can't believe they'll do as well as RNOW, jak, but good luck with them anyway!

[jakleeds] 21/2/2007 17:49

Yes, that's the reason I haven't bought in Diogenes. This appeared on my radar yesterday, tried to get 5k online but was unable to, even in smaller bits. It does look as good a bet as anything at the mo, cash in the bank, low per, strong growth etc.

So I've been buying SAA instead, which I expect to surge RNOW style after their results next month ;-)

[diogenesj] 21/2/2007 17:15

Nice liquid stock this: someone bought 1,200 shares and the price jumped 5.8%. You can't help wondering what happens if you need to sell in a hurry. :-)

[rizzle] 21/2/2007 16:09

Nice surge - funny that it's happened about the same time as yesterday's rise. Not far off breaking into new highs which we might now get to before the finals.

[liarspoker] 21/2/2007 16:06

Still looking cheap imo. :O)

[tole] 21/2/2007 16:05

Well timed as always you lot. :)
Cant be much stock about with that jump.

[glasshalfull] 20/2/2007 16:16

Nice to see some good company over here :-)
I seem to have nuged it up a little further with a 5k trade a few minutes ago.

You may be interested in a new note on the Edison site dated yesterday (19/2).
Good write-up on the new Academy.





Kind regards,
GHF

[diogenesj] 20/2/2007 16:03

Thanks for that, rizzle. Had another 4k shares at 105p - seems to have nudged it up a fraction.

[rizzle] 20/2/2007 13:55

I popped over to the FDM website to check the date for the final results, and noticed another positive research report has recently been added to the site. I've added the link in case others have also missed it.

Hopefully, we'll get to new highs in the next few weeks and the company gets a better rating more in line with its growth prospects.

[liarspoker] 09/2/2007 08:16

Quiet start to the morning for me today.....

[liarspoker] 06/2/2007 10:15

There must be a few delayed buys too show imo.

Nice to see that Colin thinks that these are cheap as well. :O)

[liarspoker] 06/2/2007 09:50

Nicely written - good find CWA1.

[cwa1] 06/2/2007 09:46

Nice to see a very modest tick up. Interesting to note in dummy trades that one can only "buy" a measly 750 shares at the full offer price of 100p but can sell 15,000 at 97p, 2p above the quoted bid price. Stock must be fairly tight I would guess.

[cwa1] 05/2/2007 14:59

Comment over on The Motley Fool:-

[diogenesj] 02/2/2007 22:54

Hi, hedge. Didn't get to read your post before the censors removed it, I'm afraid. Hope you are well and happy out there, and preparing for a new incarnation.

I started this thread in an absent-minded moment, forgetting that there is a perfectly good one already in existence. FDMG looks pretty good value, but this is the thread to use when you come back:

[liarspoker] 02/2/2007 09:49

ITH taking off today DJ.

I wonder when the market will wake up here ?

[liarspoker] 01/2/2007 16:30

It was this or FIO but FIO's working capital is very poor and they have huge negative current assets. Despite trading ahead and Raft contributing strongly ( which is the reason why they are trading ahead ) I think the safer bet is FDMG.

FIO reminds me a bit of DVS therefore I am steering clear of that one until a placing or some other funding arrangement is in place.

The market is asleep here as much as they are asleep over at ITH imo.

[diogenesj] 01/2/2007 16:26

Looks good value, doesn't it? Positive recent trading statement too. Can't see why it shouldn't hit Dan's 140p target, when the market wakes up to the value here.

[liarspoker] 01/2/2007 16:13

I see that DAN had/has a 140p target on these.

Share mags target is 110-120p.

All I know is that trading is in line, outlook is strong and on 10.7p earnings they are currently on a P/E of 8.88 with a good B/S and P&L and a nice cash position.

Too cheap at the moment imo.

[liarspoker] 01/2/2007 15:48

Well I joined you with a few here DJ.

Looks like it's on a single P/E going into 2007...nice. :O)

[Abuse team] 18/1/2007 23:02

Post removed by ADVFN

[diogenesj] 18/1/2007 22:54

Oops, sorry, Wiganer, forgot you had a thread already.

[diogenesj] 18/1/2007 22:35

It seems strange that there is no thread for this very successful little company, which floated on Aim in April 2005 at 78p. It has a unique business model, providing old-fashioned apprenticeships to computer programmers. Its consultants are recruited, trained, and then placed with clients, mostly in financial services. It may use some freelancers to fill gaps. Its margins are higher than those of rivals because its mainly salaried staff are cheaper than freelancers. Despite the higher margins, and a solid record of growing profits and earnings per share, the rating is substantially lower than that of its peer group.

Earnings per share are expected to have been 6.80p in the year to December 2006 (dividend 1.58p), rising to 10.70p, +57% (dividend 2.04) in 2007. That means a forward PE for 2007 of only 8.88x at today's price of 95p. It looks too cheap to me. If the forecasts are met, there must be 50% upside here.

[diogenesj] 06/1/2007 10:12

Not the IC. But it was one of Daniel Stewart's 5 'high conviction' picks for 2007, mentioned in their New Year email we discussed briefly on the TAN thread.
The others were TAN, BTX, ACG and DFD.