Foresight Share Discussion Threads

[cockneyrebel] 07/12/2010 07:26

Exactly my feelings Owenski - had CPSP stolen off me too.

Corporate theiving.

CR

[mikeja] 07/12/2010 07:24

Our best hope is that Liontrust will not accept,of course they may have been acting on behalf of SL.

[owenski] 07/12/2010 07:23

CPSP sold on the cheap and now FSG.

[simon gordon] 07/12/2010 07:21

Damp squib.

When I first heard it might be S. Life I thought it would probably go for between 150p and 170p, but 140p is rank.

Well, at least we beat the Aussies last night :-)

33.3% premium for a company that is on a tear, c.11x 2012 which could be upgraded.

[mikeja] 07/12/2010 07:18

Just to rub salt in the wound read the interims.

[dealit] 07/12/2010 07:12

Yes, I feel sold short.

[mikeja] 07/12/2010 07:10

Stitch up as directors have agreed to accept even if there is a higher bid

[bigbigdave] 07/12/2010 07:08

Robbery!!!!!!!!!!!!!

[mikeja] 07/12/2010 07:08

Total rubbish bid,way below value.

[simon gordon] 07/12/2010 07:08

The boards of Standard Life and Focus are pleased to announce that they have
reached agreement on the terms of a recommended cash offer to be made by
Standard Life for the entire issued and to be issued share capital of Focus.

The Offer will be made at a price of 140 pence in cash for each Focus Share,
valuing the entire existing issued share capital of Focus at approximately GBP42 million. A Loan Note Alternative will be made available.

[sportbilly1976] 06/12/2010 15:24

busiest day for a while in terms of trading activity...

[davidosh] 06/12/2010 10:02

Takeover discussions are ongoing and may involve more than one party so any firm bid to put before shareholders would have to be announced immediately not wait for results. I think the results will speak for themselves and give a good indication why there is bid interest

[dealit] 06/12/2010 09:50

Does anyone feel we will get the takeover news tomorrow?

[cockneyrebel] 03/12/2010 15:24

Who's topping up then?

Only one day left to buy on ahead of the results and the Russell 2000 Index breaking out in the US - small caps hotting up.

CR

[cockneyrebel] 02/12/2010 12:59

Looks like Loiontrust are picking up whatever becones available. Just added another 15K

With 12% of FSG you'd think they'd have a good handle on what these are gonna get taken out as a minimum imo, and a fair say in it.

CR

[badtime] 30/11/2010 19:32

sit on our hands time thn

[cockneyrebel] 27/11/2010 11:31

Times today:

"Britain's software stars are glittering prizes for predators - Autonomy, despite quibbles over accounting standards, has a strong story to tell."

Many software co's very undervalued at the moment - I don't think any account has been taken here regarding the cash position of FSG. Going forward they are going to be debt-free with apile of cash. In the past you could expect software co's like FSG trade on PE's way over 20 and that would be co's with a fair wadge of debt and no prospect of a divi - I'm not talking about the tech boom either.

The market is currently focused on this years earnings because H1 hasn't yet been revealed but once the interims are out then investors will look at the forward earnings. It has to be said too that being an AIM software co if the investor is uninitiated with FSG and the recent changes from bespoke software to 360 off the shelf software then the scaleability probably hasn't been appreciated by many. That might mean that for a lot of the market it's a leap of faith to believe FSG earnings are going from 5.7p last year to 8.2p this year and 12.2p in the coming year.

£2.4m net cash at the year end gone. With the recent contract win, depending how those payments come in, the cash position is probably set to go way higher in the next couple of years allowing for the development of even greater business and the payment of a divi imo.

Anyway - we'll all hear more come the results on the 7th - hopefully you can call the FD's presentation off for the following week davidosh - as we all bank a big agreed cash bid and the co gets taken over on a fat premium :-)

I still fancy Unisys as the bidder.

CR

[davidosh] 27/11/2010 11:00

The results are on the 7th December and must not only contain historic figures but also detail on outlook and give indication of where we are at for the full year. There may also be information on smaller contracts or Mastek developments on sales which would not necessarily be seen via RNS. Then a week later the FD is presenting at our dinner to review progress since FSG presented a year ago...He will no doubt explain the figures from the interims and potential of the contracts but cannot talk about the recent bid news of course. That may or may not happen at anytime.

Personally with all these things in the very imminent future I prefer to hold on to all mine whilst awaiting developments but in any event I see the company with a very good short and medium term future...in five years time it may be different but FSG does have the potential to have multi-bagged by then IMHO.

[cockneyrebel] 26/11/2010 17:24

Do you think so? I think the buyers will be in ahead of the results.

Looks like a win win to buy here imo - you get the stock as cheap as it is now on it's own merit or you get a bid way above today's price imo.

CR

[sportbilly1976] 26/11/2010 16:59

flat line now till update on offer rns imo.

buyers have bought and sellers have taken profits.

[johnv] 23/11/2010 16:36

dummy run this pm 1500@129.9p max buy

[dasv] 23/11/2010 16:06

CR - the chart will only get better from here too ! (imo)

[cockneyrebel] 23/11/2010 15:26

Nice AISGAH :-)

I see the mm's marked these down on no trades earlier - bit of a shake to try and get stock on a weak day imo - now they've panicked and marked back up when it never worked.

Fortnight to the results - buyers likely to be moving in soon to be long ahead of those results imo.

Chart looking good here to imo - nice little new uptrend forming.

CR