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FIO Fin.Objects

59.25
0.00 (0.00%)
28 Mar 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Fin.Objects LSE:FIO London Ordinary Share GB0004516976 ORD 2P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 59.25 - 0.00 00:00:00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
0 0 N/A 0

Financial Objects Share Discussion Threads

Showing 1676 to 1700 of 1900 messages
Chat Pages: 76  75  74  73  72  71  70  69  68  67  66  65  Older
DateSubjectAuthorDiscuss
26/1/2008
21:17
Thanks, but it is not my computer. I know of other people having the same problem. Selftrade had a number of people ring up on Friday and all were with Orange. It is not confined to selftrade. We can access The Times but not the FT and we can access NatWest but not Halifax etc. Selftrade even suggested we were being directed to the old network server. Perhaps there are different servers for different areas which would explain why you can log on but trying to get this over to Orange is like trying to encourage buyers back into the fold!
dixies
26/1/2008
20:35
Not Orange dixies - works fine for me.
tole
26/1/2008
20:33
Lol! Just a further thought. If you can get on to the site but cannot log on, it could be the computer configuration. When I was abroad, using internet cafes, I found a variety of problems on some computers: logging on, completing trades or getting into my messages but on others no problem. That could be within the same cafe...so not the provider!
aquilla
26/1/2008
19:58
Thanks aquilla. It is certainly a fault with the Orange servers but can you imagine what it is like getting in touch with anyone at Orange! Hopefully it will be resolved in time to see FIO get the rating it deserves!
dixies
26/1/2008
19:47
Dixies, I have a selftrade account and just tried logging on....it worked fine. It sounds like it's your service provider (mine is BT).
aquilla
26/1/2008
19:33
Sorry to intrude, although I am a holder. Is anyone else having difficulty logging on to their selftrade account? Since Friday the link to log on does not work along with a number of other websites eg. Halifax.co.uk and FT.com. It is apparently only affecting those of us who have Orange as their service provider. Having contacted Orange throughout yesterday and today, they seem to be doing little to rectify the problem.
dixies
26/1/2008
14:22
Diku, on this occasion just through an electronic trade. Screen prices are only part of the picture. Much better prices can be obtained for all sorts of reasons. Maybe this time the mm had a line of stock he wanted to dispose of...
aquilla
25/1/2008
21:57
How did you manage to do that?...
diku
25/1/2008
11:25
I'm in at mid price. Hopefully these brokers' forecasts prove correct.
aquilla
24/1/2008
09:51
Here, low and "cheap", sub 50p? I'm still holding.
nicedude1976
22/1/2008
13:19
nicedude - where's that exactly?
skyship
22/1/2008
11:07
Sweet, back to where we belong:)
nicedude1976
16/1/2008
17:12
Playing catch up and noticed FIO holding up well.

Excellent announcement yesterday and confirms that we were right to believe this undervalued.
Not much prospect of an uplift in the short term but hopefully the "ahead" statement will put a floor under these.

Regards,
GHF

glasshalfull
16/1/2008
07:35
Thx again Steg - momentum is building. Edison say FIO should have £7m net cash at the end of this year! A P/E of 6.9 and probably much less bearing the cash pile, exposure to the thriving energy sector and high recurring income in mind is just silly imho.

And good coverage in the Times today:



"Financial Objects, the seller of banking software, rose 4p to 52½p after it raised its profit forecasts after strong sales growth. Evolution Securities has a 90p target and believes that fears about Financial's exposure to a US banking slide are misplaced because its customers are in emerging markets, such as Eastern Europe and South Africa."

rivaldo
15/1/2008
22:35
Update



Resilient trading
Along with the rest of the smaller cap technology sector, Financial Objects has underperformed reflecting lower investor risk appetite and concern over a fall-off in demand from the financial sector. However, the group has increasingly diverse revenue streams and high recurring revenues. Management expect to be ahead of FY07 forecasts and importantly we currently see no reason to change our forecast 17% eps growth in FY08. Adjusting for cash, Financial Objects is trading at under 5x our forecast operating cash-flow.............

stegrego
15/1/2008
20:20
Ta weatherman. EVO have kept their forecast as was then, for the moment anyway. Iinteresting about the "pipeline" for 2008 - hopefully news flow to come, and proof of FIO's global potential.

Let's also not forget that on top of a P/E of 6 or 7 FIO had £3.7m net cash at the interims against a £23m m/cap, and at the year end this may have increased to say £5.5m net cash.

FIO also released a news snippet on their web site today which links to this:



"Financial Objects Enters the Top 15 (11 Jan 2008)

Financial Objects, a provider of advanced technology solutions for banking, wealth management and energy, is seeing increasing demand for its application software products. Such specialist vendors are gaining momentum as banks seek to address a number of challenges, such as regulatory changes, legacy systems and enhancing time-to-market. While Financial Objects faces intense competition from players such as i-flex and Temenos, the IT provider has managed to grow healthily moving up the UK banking application software ranking to position #15. The growth is largely attributed to its core solution for the commercial and wholesale banking market ibis s2 as well as its growing wealth management business. License sales have been driven by rising challenges related to the inflexible, cost-intensive and legacy systems that hinder the alignment of IT to the business strategy."

rivaldo
15/1/2008
18:53
LONDON (SHARECAST) 15/1/08 - Broker Evolution is forecasting earnings before interest and tax of £2.8m for 2007. "The stock has been priced for a recession but new licence growth in the banking software division is an emerging markets play, and the net cash position is a strong underpin," it said.

It added that the group has been badged as exposed to the financial services vertical, raising concerns about a profit warning, but Evo notes that all major licence sales in the pipeline for the banking division for 2008 are for non-US and UK markets.

"We therefore believe the stock is fundamentally mispriced," it said.

weatherman
15/1/2008
16:44
The share price for the past 3Qtrs represents a total aberration - out of touch with all reality due to the very special circumstances of the departure of the former CEO and the placing of his large share stake.

The re-rating has begun; however, as I've stated before, I strongly believe Paul Fullagar will sell out at a fancy premium before we get there under our own steam. Same result; perhaps just shorter timescale.


free stock charts from www.advfn.com

skyship
15/1/2008
16:20
Both broker forecasts currently go for 7.5p EPS this year. Assuming these are now lifted to 8p EPS, in the present climate a cautious current year P/E of 10 would give a price of 80p - 50% up on today's price.

I don't think there'll be too many buyers around today! Shame, on a better day we might have seen 60p. But as the market settles and the press and share mags pick up on the "ahead of expectations" it shouldn't take much demand to lift the price imo.

rivaldo
15/1/2008
12:31
nicedude: yes, and DIA, DTK also today.
mctmct
15/1/2008
12:24
HG: that seems too conservative. 6.5p EPS is 20% growth from 5.4p last time, and a PEG of 1 seems conservative for FIO, so the PE should be 20ish, and the share price 120p.

And those still seem conservative figures, unless next year contains significant risks, as 6.5p against market forecasts of 6.2/6.4 probably wouldn't require an "ahead" RNS.

mctmct
15/1/2008
09:51
Still way too cheap.If say 6.5-7p EPS delivered in 2007, on a sensible PE of 10, this gives 65-70p. I think the patient will be rewarded.
highly geared
15/1/2008
09:31
Interesting what has been happening with some of the AIM shares, yesterday EDD, today FIO.
nicedude1976
15/1/2008
07:46
yee haaaaaaaaaaa
cocker
15/1/2008
07:44
60p first stop!
skyship
Chat Pages: 76  75  74  73  72  71  70  69  68  67  66  65  Older

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