Foresight Share Discussion Threads

[stockscreeners] 29/12/2007 11:47

this one looks tasty. support at 21p.

[cockneyrebel] 29/12/2007 11:45

Seems to be a big seller that's been around for some time - decent buys are not moving the market makers back up. Need to see a large trade or two to know he's done. If I see that I might be tempted to add despite the wife's pension being up to the gills with them :-(

CR

[ged5] 28/12/2007 23:06

yeah.

The other problem might be that horrific looking long term chart which suggests a drop to about 20p. A little misleading. If you look at the all data chart (ie from when the company was listed in 2000) we might just be on or below the 200 sma. Ready for a bounce perhaps but I think we'll need a little help from the company in the new year. Let's have some contract news or at this level we might have a bid approach.

Very few trades today. Almost 29000 buys 12500 sells. share price -1p. Bid -2p. Offer unchanged.
What on earth is going on?

Anyway off away tomorrow, so happy new year to you all. I'm sure 2008 will a good one for us all provided we get through the first quarter.

[welsheagle] 28/12/2007 21:41

If you take out the cash of 10.2p per share, the PE is even lower - between 3 and 4 for 2009.

[iandippie] 28/12/2007 18:10

still holding. might have to average down too. just waiting for a trading update confirming current forecasts are going to be achieved...

[ged5] 28/12/2007 16:17

These 10000 sells seem to be knocking the share price too easily and apart from short term sentiment I can't for the life of me think why anyone would sell if they didn't have to. The only brokers figures I've come across since the results have been Daniel Stewart. With an average forecast eps of 5.1 we have a prospective pe of 6.47 for 2008 and with an average forecast eps of 5.5 we have a prospective pe of 5.59.I think it was rivaldo who thought the share didn't deserve a rerating at the time of the interim results. He may possibly have been right, yet we've had one in the downward direction. CMIMHO.   2008 2009 Broker Date Rec Pre-tax (£) EPS(p) DPS(p) Pre-tax(£) EPS(p) DPS(p) Edison Investmen... 03-10-07 None 1.47 4.80 1.04 1.81 5.90 1.28 Seymour Pierce 12-06-07 BUY 1.60 5.10   1.90 5.50   Daniel Stewart 07-12-07 BUY 1.66 5.65 0.20 2.06 6.98 0.35

[cockneyrebel] 28/12/2007 15:44

the story is true, my brokers told me the same thing. It isn't anything new either, I've seen the same thing happen in past market weakness - they just mark down on any sell.

The market will come back. A lot can't take the pain (tough enough even for us hardened die-hards at times) but when the market turns in general th firmness willk return imo.

CR

[cambium] 28/12/2007 15:14

copy from HAIK BB which I think applies to the majority of AIM stocks which have been hit



aim11 - 28 Dec'07 - 10:34 - 3436 of 3451


some of u may or not believe this, but recently i met someone who is a MM in haike - these small cap MM's tend to make markets in several hundred stocks at the same time. now whether u believe this or not doesn't really matter, some of u guys know that my previous postings have been very reliable and not made up.

so any way, i was having a chat with him and he basically said the wider market problems just killed off a lot of small retail punters and that really hurt stocks like haike, they saw a lot of retail just dumping small caps and plenty of forced sellers. he said most of the MM's were told not to take risk any more on their own books, which basically meant if they had a seller they couldn't just take the stock on their book and hold it, they had to get rid of it, so they just slashed the price enough to offload the stock and offered below spread bids for any size seller. he appeared quite relaxed and just said once small retail comes back into the market this stuff will just go back up again, simple as that. a lot just on momentum and forced sellers being done. he said in stuff like haike basically there was just no stock around so any size buyer they'd have to go off looking for it and quite often just hike the price to hold of the stock, so if small retail comes back they do it often at the same time which for illiquid stuff like haike causes huge movements as suddenly there are few sellers and lots of small to medium sized buyers at the same time - as u can see from the chart and anyone thats been in this stock for a while knows this sounds credible.

any way, nothing particularly new there but thought it was interesting.

[welsheagle] 28/12/2007 14:54

This was tipped in the November issue of Techinvest, with a very positive write-up, and could well be one of their new year tips at this low price.
Seems to be getting knocked because of the sub-prime news in banks, but the fundamentals and prospects for FSG are very good.

[welsheagle] 28/12/2007 14:49

Investor's Chronicle in their 'buy' recommendation notes the low PE ratio, and, the new contracts, and that alot of income now comes in monthly, rather than in one off payments.

[cambium] 28/12/2007 14:48

cheers, everyone still holding then?

[welsheagle] 28/12/2007 14:47

From November's 'Company Refs', when price was 45p:-
a/ Prospective PE ratio of 8.35 (based on two broker forecasts, one recommending 'buy', and one with no recommendation).
b/ Forecast growth in eps of 0.91%.
c/ Positive cash flow per share of 10.2p per share.
d/ Net cash per share of 10.3p.
e/ Prospective dividend of 2.62%.

[welsheagle] 28/12/2007 14:47

From November's 'Company Refs', when price was 45p:-
a/ Prospective PE ratio of 8.35 (based on two broker forecasts, one recommending 'buy', and one with no recommendation).
b/ Forecast growth in eps of 0.91%.
c/ Positive cash flow per share of 10.2p per share.
d/ Net cash per share of 10.3p.
e/ Prospective dividend of 2.62%.

[cambium] 28/12/2007 14:20

still bloomin' cheap, I can hold..........just

[cockneyrebel] 28/12/2007 14:19

think yourself lucky you can hide Cambium :-(

Has murdered my wife's pension of late.

CR

[cambium] 28/12/2007 14:08

Ashamedly Yes!, dont tell anyone pls.:o(

[iandippie] 28/12/2007 14:06

you still in this cambium?

[cambium] 28/12/2007 12:48

you did LOL

[drw1] 28/12/2007 12:30

Nobody spotted todays 'buy' rec. in I.C.?

[stockscreeners] 21/12/2007 04:28

wouldnt count on it Fun.

[fun528] 21/12/2007 03:57

Looking at the chart it doesn't look good, but I do like the fundamentals of this company. If it is not because of the subprime, I think the share price will be doing much better.... The future of this share price will depend on how the financial sector react to US slowdown. I have this on my watchlist but I think this will drop to Oct 06 price range in the sub 30...... Have to see if there is any support at 30p but looking at the volumn of trade think this is likely to head in to the Sub 30... For the guys who are holding this, I do hope the market regain its confidence after X-mas. For the meantime though I am be watching on the sideline...

[stockscreeners] 20/12/2007 11:09

falling away miserably.

[kalmar] 19/12/2007 00:26

jeezus...not looked for a week or so...proof that it is never a bad idea to topslice!!

Oh well will be looking to add a few here i think

K

[stockscreeners] 18/12/2007 08:57

another day another drop.

pity i closed for the xmas hols, but never mind there will be plenty on offer here come the new year.

[hasten] 18/12/2007 06:53

I haven't been in here for a while, but this is getting so tempting again - just can't really believe the dropping
Hasten