Foresight Share Discussion Threads

[kruger2004] 13/12/2007 11:49

thats the third time you've mentioned the same "downgrade". Seymour Pierce were replaced as the company's broker by Daniel Stewart three weeks ago. Daniel Stewart have issued a Buy note, as have Edison Reserach

[stockscreeners] 13/12/2007 11:11

justto re-iterate....

Focus Solutions downgraded to "outperform"

Friday, December 07, 2007
Seymour Pierce

LONDON, December 7 (newratings.com) - Analyst Derek J Brown of Seymour Pierce downgrades Focus Solutions Group Plc (ticker: fSG) from "buy" to "outperform."

In a research note published this morning, the analyst mentions that the downgrade in the rating reflects the company's high exposure to financial services. Focus Solutions has reported its 1H revenues at £4 million and PBT at £0.4 million, while posting increased operating expense efficiencies for the period, the analyst says. ENDS

[stockscreeners] 13/12/2007 03:12

yep your right now but not when i initially posted, and do you believe the company warrants a 200% premium of market cap to assets?. no way.. its way overvalued.

fact is though its operational cash flow is negative and cash means a lot more than any devised figure from accountants...... i should know i used to be one of them..

Consolidated cash flow statement
For the six months ended 30 September 2007


Unaudited Unaudited Unaudited
Six months to Six months to Year ended
30 September 30 September 31 March
2007 2006 2007
As restated As restated
£000 £000 £000

Cash (outflow)/inflow
from operations (766) 261 2,799
Finance income

[kruger2004] 12/12/2007 13:09

Stockscreeners

Your facts are all wrong; Focus net assets are £4.6million not £2.1m. They've just posted £500k Operating Profit for the first half and their brokers are forecasting £1.5m for the full year. With no taxes to pay this puts them on a P-E of around 8 for this year.

Hope you get well and truly burned...

[iandippie] 10/12/2007 21:13

Happy to hold for 100% gain this time next year

[stockscreeners] 10/12/2007 17:49

lovely day here.

[iandippie] 10/12/2007 15:53

Would be nice if those options targets are met next year.

[edmundshaw] 10/12/2007 14:07

Well mine are intact CR - at least last time I checked... :-).

But there are other great bargains out there at the mo, in bigger companies with more predictable cash flows. I'm very tempted, but just not quite enough... yet.

[liarspoker] 10/12/2007 13:58

greengiant - 10 Dec'07 - 10:28 - 14 of 16


Who did you short it thro?

gg

stockscreeners - 10 Dec'07 - 10:35 - 15 of 16


my stockbroker.



Ha ha ha - wot a tossa.

The only thing that is short is his boyhood.

[stockscreeners] 10/12/2007 13:48

more falls likely.

[cockneyrebel] 10/12/2007 13:03

Need investors to grow back their testicles I think - then on the whole market might be firmer

CR

[drw1] 10/12/2007 12:57

My bettings on those Director's scooping a few more up with the price looking so silly.

[bigbigdave] 10/12/2007 12:56

Ian > WAGN 8-)
bbd

[iandippie] 10/12/2007 12:53

amazing. forward pe of 6. One for the bottom drawer.

[stockscreeners] 10/12/2007 10:35

my stockbroker.

[greengiant] 10/12/2007 10:28

Who did you short it thro?

gg

[stockscreeners] 10/12/2007 10:26

oh and another fall.

wouldnt bet against more.

[stockscreeners] 10/12/2007 10:25

high enough to be decently in the money already.

[greengiant] 10/12/2007 10:23

Stockscreeners, what price did you short at?

gg

[stockscreeners] 10/12/2007 10:19

and down again she goes........... NICE.

[stockscreeners] 10/12/2007 09:55

trading page doesnt look very good for this one.

[stockscreeners] 10/12/2007 09:33

down from the very start. lovely.