Foresight Share Discussion Threads

[cockneyrebel] 01/2/2010 11:49

Looks very cheap here imo.

Been buying a few back recently after Davidosh chatting to Davidosh about them.

CR

[jakelomes2] 01/2/2010 11:44

It might be of interest. I bumped into this article on Sunday

[strollingmolby] 27/1/2010 13:04

Focus appoints financial services expert, Martin McKenna, as Lead Business Consultant

Focus Solutions, the leading provider of multi-channel distribution solutions to the financial services industry, is pleased to announce the appointment of Martin McKenna to the role of Lead Business Consultant.

Martin joins Focus Solutions from Bankhall / Sesame where he held the senior position of Head of eBusiness and had responsibility for constantly evolving their wider approach to the market from an e-business perspective. Prior to this role, Martin held strategic roles at Abbey and Royal and Sun Alliance as well as previously operating as an IFA. He therefore brings to Focus over 20 years of expertise across all areas of the financial services market.

Within his new position at Focus, Martin will be a key figure in shaping the company's thinking on new product development and how to respond to the evolving industry landscape, as well as providing advice and support to Focus' clients as they undergo strategic technology implementations. This wide reaching role will be fundamental to delivering Focus' different consultancy offerings across the entire customer engagement.

On his appointment at Focus Solutions, Martin commented, "I have always been aware of Focus' reputation for quality and delivery, but have equally been impressed by the people I have dealt with, the customer focused culture and their progressive approach to the market as a whole. They have a quality product in focus:360° which, with its end to end functionality, is well placed to help advisers meet the technology requirements that come from the RDR. I am very much looking forward to contributing to the continuing success of Focus."

Richard Stevenson, CEO of Focus Solutions, added: "We are delighted to welcome Martin to the Focus team. He brings with him a wealth of experience across different sectors of the financial services market as well as the unique combination of blue sky thinking and practical hands on experience. We believe he will be a key asset in delivering Focus' offerings across our entire consultancy operation."

[davidosh] 22/1/2010 16:27

apologies littleweed.... there is a thread over on TMF following the dinner and you will be able to ask more questions there too.

[littleweed] 19/1/2010 13:58

davidosh

Did they blow your socks off last night?

[littleweed] 18/1/2010 15:31

Since you ask!

Is it possible to give a very ballpark figure of what percentage of turnover is down to one off non recurring payments. Ideally (in the extreme) it would be nice to give the software away and charge a monthly/usage fee. I sure you get my drift and can phrase it more elegantly!.

Thanks

[davidosh] 18/1/2010 15:21

Littleweed....I will mention your concerns and seek their comments. Any more questions from those who cannot make it ?

[littleweed] 18/1/2010 15:15

Have a good night. Looks an interesting menu although I notice jam (tomorrow) rolly polly is not offered as a dessert.

Two new contracts were announced in callender 2009. This was in spite of a couple of years spent telling us about the ever increasing pipeline. You might like to ask them what happened to all that interest.

Also why was the options of july 07 replaced a mere fifteen months later with a rather less challenging package. To me it suggests a totally unrealistic view of the prospects of the company which I find rather worrying and reinforces my concerns arising from the first comment.

[davidosh] 17/1/2010 20:13

FSG are presenting at our Mello dinner tomorrow evening. All welcome..

[yellowdog] 09/1/2010 19:39

can you say what their other tips are please.thanks

[welsheagle] 09/1/2010 19:25

Guess we can now say that Focus is one of Techinvest's new year nap tips, and they are usually right.

[dealit] 09/1/2010 16:45

I have this share down as a further six month hold having bought at 31p. I like the look of there financials and products. Simular to a company I bought into called ANDOR TECHNOLOGY I have since sold but did very well.

[welsheagle] 08/1/2010 10:35

Contract Extension with Assureweb






TIDMFSG

RNS Number : 2234F
Focus Solutions Group PLC
08 January 2010

?




+------------------------------------+------------------------------------+
| Press Release | 08 January 2010 |
+------------------------------------+------------------------------------+


Focus Solutions Group plc
("Focus Solutions" or the "Group")
Contract Extension with Assureweb


Focus Solutions Group plc (AIM:FSG), a leading provider of proven enterprise
solutions to the financial services market, is pleased to announce the signing
of a contract extension with Assureweb, the comparison quotation portal for Life
& Pension products.
This contract extension will see Focus Solutions sharing in the transactional
based revenue for all electronic applications that are submitted via the portal
within focus:360 , the Group's market leading product suite. This contract is
consistent with the Group's strategy to grow longer term, recurring licence and
transactional revenues from a broader customer base.
Focus Solutions has extended its strategic relationship with Assureweb to enable
advisers to more effectively source comparative quotations and new business
applications for Life & Pension products. Through Assureweb's enhanced
integration with focus:360 and under the extended partnership, advisers using
the combined solution will be able to benefit from a seamless quote and apply
process.
Richard Stevenson, CEO of Focus Solutions commented, "This contract is yet
another step towards achieving our objective of delivering greater recurring
revenues from an increased customer base, building on our contract win with a
major UK adviser network announced last month. We have had a long standing,
successful partnership with Assureweb which has added significant value to our
clients and we look forward to continuing this relationship and introducing
additional services for our customer base."

[welsheagle] 08/1/2010 10:34

Daniel Stewart have again reiterated their 'Buy' recommendation, with a target price of 63p today.

[boadicea] 23/12/2009 21:58

I missed the results while on holiday, but the the first thing I noticed on reading them was the maintained 'adjusted' eps (2.05p) compared to last year. How come?
The reason, of course, is the increase of £235k in the recognition of deferred tax asset. However, it is a trick that cannot be continuously repeated so should surely be classed as exceptional and 'adjusted' out of the picture. That would take the eps back down to 1.26p (or equivalent to around 0.9p on a 'normal' tax charge.)
I'm not trying to be negative about the company - just trying to keep my feet on the ground. It also helps to explain the the share price currently awarded to it by the market.
Never mind the DS target of 63p and eps forecast of 5.4p (on a nil tax charge??), a figure of 50p would be more than generous imo until we see solid evidence to support it.

[welsheagle] 11/12/2009 18:23

Daniel Stewart reiterated their 'Buy' recommendation today, with a target price of 63p.

[welsheagle] 05/12/2009 20:32

Investor's Chronicle recommended as a 'Buy' this week, mentioning the good cash position and the future eps forecasts of 5.4p.

[aishah] 05/12/2009 15:24

Daniel Stewart
01-12-09 BUY
2010: preTax=2.40, eps=5.40
2011: preTax=2.70, eps=6.00

[dealit] 05/12/2009 14:56

Mostly sells since the results, yet the share price is not too far from the share price before the result. The trading statement issued in Nov did say what the result confirmed and if the Chairman is to be beleived the next trading statement should be very promising.

[kruger2004] 02/12/2009 17:26

i think he would have been advised that as the company had issued a trading update that it was ok to do so

[davidosh] 02/12/2009 16:24

The chairman bought those shares rather close to the interim results....should that not be a closed period ?

[envirovision] 01/12/2009 09:58

Results out, looks like cash reserves are vanishing out of the window very worrying, no clear explanation. I have sold.

[welsheagle] 18/11/2009 13:22

From November's 'Company Refs', when price was 37.5p:-
a/ Prospective PE ratio of 7.27 (based on two broker forecasts, one recommending 'buy', and one with no recommendation).
b/ Positive cash flow of 14.8p per share.
c/ Turnover up from £5.43m to £9.60m in last five years.
d/ Net cash per share of 13.6p.
e/ One Director buying recently.

[envirovision] 16/11/2009 13:24

Theres a good risk this will fall right back, cant afford to take that risk, i am out.