Foresight Share Discussion Threads

[littleweed] 20/5/2008 15:10

Captain

If it ain't about FSG it doesn't take too many clicks to find out what it is about. Best of luck to yourself as well.

[captain haircut] 20/5/2008 14:42

littleweed

Unfortunately it was not about FSG but I see the share price is currently taking adequate care of things here. Good luck with it.

[lqs] 20/5/2008 14:26

Ok Haircut

Edit. I'll prob wait a week or so. Currently sunning myself 8,000 miles away and frankly there some subjects I just dont want to talk about just now!

[littleweed] 20/5/2008 14:24

Mysterious eh

[lqs] 20/5/2008 14:15

yes I hold some shares Haircut

[captain haircut] 20/5/2008 13:50

lqs

Are you in this stock?

[ged5] 20/5/2008 11:45

"At the event on 20 May, Focus will be launching its new generation whole office sales solution – focus:360°, which enables organisations to differentiate themselves, increase market share and improve sales performance, through a multi-channel, multi-product, single technology platform. "

Perhaps we'll get some more contract news after today's event.

[robbiepaul] 20/5/2008 11:44

True LITTLEWEED.

I think FSG is a little known stock but has the potential to double at least from here as last year showed when the share price was above 70p(Intraday)

Any stake building will get the share price here soaring IMHO.

I personally like the business.

RP.

[littleweed] 20/5/2008 11:37

RP

One would think so but sentiment is the key. Contrast this with MNS Manpower Software which some FSG holders also own. Similar turnover and profit (based on the ADVFN figures at least) yet on a PE of 24. MNS is viewed as bringing home the bacon with regular contract wins but the lumpy new business from FSG puts a question mark over the medium term.

[robbiepaul] 20/5/2008 11:31

"......will benefit 36 of existing customers......"

More contract news on the way?


Contract Win
Focus Solutions has been selected by a leading European information technology
company to provide software components and development services to assist in the
delivery of Intermediary and Consumer Portal solutions for its mortgage
customers. The value of the initial contract is £710,000 and relates to the
delivery of the solution to two customers.


The partnership arrangement will potentially benefit thirty six of their
existing customers who will be able to adopt the new product as a complementary
module. It will also be offered to new customers looking for a cost effective
solution to provide online sales of mortgage products. The solution will include
Focus' revolutionary new focus:360degrees product, providing a multi-channel
solution to support the business to consumer (B2C) channel via a lender's web
site and the business to business (B2B) channel to support mortgage
intermediaries.
===============================================================================
RP.

[robbiepaul] 20/5/2008 11:21

"Focus Solutions says Azini Capital funds take 26.9 pct stake in co

LONDON (Thomson Financial) - AIM-listed provider of software for the
financial services market Focus Solutions Group Plc. said funds managed by Azini
Capital Partners LLP have acquired 26.9 percent or 7.92 million shares in the
company.
The shares were bought from Top Technology Ventures, a UK-based venture
capital company -- now a part of IP Group Plc.
This acquisition will make Azini Capital the second largest shareholder in
Focus, after ex-CEO John Streets. Azini Capital is an investment firm that
specialises in acquiring sizeable stakes in small public technology companies,
with the intention of unlocking value over the medium term
===============================================================================

"unlocking value".

I'll drink to that.There is substantial value here at FSG imho.

RP.

[kruger2004] 20/5/2008 10:54

Azini have bought the Hatt iii and nordea shares- they are the funds that were managed by Top technology

[robbiepaul] 20/5/2008 10:43

Stake building?

RP.

[robbiepaul] 20/5/2008 10:26

Yes nice 60k BUY.

I have always liked FSGs business model.I can't for the life of me see how the Mckcap is down at £7.96Million.

CR,i also hope that someone is not lining up a cut price takeover under 70p.

RP.

[cockneyrebel] 20/5/2008 09:58

60k just bought at a penny premium.

CR

[littleweed] 20/5/2008 09:47

Streets hasn't sold and remains the largest shareholder. These have come from Top Technology who have exited. Lets hope Azini can weave a bit of magic. Selling to mortgage providers must be a bit challenging at the moment.

[menthol] 19/5/2008 21:33

Azini Capital bought into Portrait Software last week. Seems they are interested in bombed out share prices in the software sector. They are activists and will be looking to putting some of their own people on the Board.

[cockneyrebel] 19/5/2008 19:18

Interesting trades after the close - a delayed 1.58m.

If Azani have bought 26% from J.B Streets then I don't know why an odd 5.3% show up today, unless it's another big sell/buy. Might just be part of the Azani lot I guess but odd they aren't all showing together.

CR

[ged5] 19/5/2008 11:53

From last years Final Results:-

"Our confidence in the future is reflected in our plan to introduce a dividend
payment at end FY2008."

[cockneyrebel] 19/5/2008 10:47

lqs - they made just over £1m pre-tax last year but a tax credit of £530k boosted the eps to 5.22p.

This year they will grow profits to around £1.6m so that's around 55% growth. EPS will only be around 4.7p tho because this year they pay tax.

The forecast is for £1.85m pre-tax in the coming year and 5.6p eps. That puts the stock on a fwd PE of 5 even after today's tick up.

However - the co had around £2m cash too - for a co with a market cap under £8m after today's rise that's pretty significant.

There's also some jucey share options that the directors have that don't pay out unless the shares get to 89p - these were only issued about a year ago.


They may also start paying a divi this year.

CR