Foresight Share Discussion Threads

[davidosh] 20/4/2010 23:26

Are these still the forecasts they expect to meet ?

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

[kruger2004] 20/4/2010 22:32

actually pretty good news today given the tough first half

[welsheagle] 20/4/2010 20:07

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

[envirovision] 20/4/2010 14:15

.....slightly concerning, LOL erm yep just a tad!

[littleweed] 20/4/2010 11:17

Well the statement contains very few hard numbers but it still needs a correction. Getting the cash wrong for a company selling into the financial services sector is slightly concerning.

[amt] 20/4/2010 08:22

Anyone know what the p/e ratio is. It shows as 7 on the ADVFN summary which seems to me very low considering the growth prospects.

[davidosh] 20/4/2010 08:17

To have been able to meet forecasts after the start they had in H1 is very impressive and means profits were a huge multiple higher in the second half. They also appear very bullish for the current year...

"We are very optimistic as we head into FY2011 with the strongest pipeline in
the Group's history and demand for focus:360 and our supporting services being
driven by ongoing regulation, in particular the RDR1."

Clearly going from strength to strength..

[welsheagle] 20/4/2010 07:33

RNS Number : 4328K
Focus Solutions Group PLC
20 April 2010

?



+----------------------------------+---------------------------------+
| Press Release | 20 April 2010 |
+----------------------------------+---------------------------------+

Focus Solutions Group plc

("Focus Solutions" or the "Group")

Trading Update

Focus Solutions, a leading supplier of multi-channel distribution solutions to
the global financial services industry, today gives an update prior to the
Group's Final Results for the year ended 31 March 2010.

The Group is pleased to announce that operating profits before exceptional items
for the full year and sales revenues will be in line with market expectations,
with a strong closing cash position of GBP2.4 million, up from GBP2.0 million at
the half year.

Richard Stevenson, Chief Executive, said: "Focus has had a successful financial
year, which is even more impressive considering the economic conditions in the
last 18 months. We have continued to deliver on our strategic goals during this
time including winning significant new licence sales with organisations such as
Tenet, AWD Chase de Vere and Mastek which have further diversified our customer
base and grown the proportion of the company's income from licence revenue. We
have also been successful in expanding the organisation globally, beyond our
traditional UK and Irish markets. In particular our contract win with Mastek
expands the Group's reach into North America, Europe, and Asia Pacific.

"We are very optimistic as we head into FY2011 with the strongest pipeline in
the Group's history and demand for focus:360 and our supporting services being
driven by ongoing regulation, in particular the RDR1."

The Group will be announcing its Final Results in June 2010.

1 The Retail Distribution Review (RDR) was launched in June 2006 by the FSA to
redefine the distribution landscape for the investment, life and pensions
industry both for the benefit of consumers as well as for product providers and
advisers.


- Ends -

[dealit] 12/4/2010 07:59

The SHARE PRICE is only 3.5 times the CASH PS price IMHO a good time to be buying.

[welsheagle] 07/4/2010 20:53

Focus Solutions
Global Contract Win
RNS Number : 7892J
Focus Solutions Group PLC
07 April 2010





Press Release
7 April 2010




Focus Solutions Group plc

("Focus Solutions" or the "Group")

Global Contract Win

Focus Solutions Group plc (AIM:FSG), a leading provider of multi-channel distribution solutions to the global financial services market, is pleased to announce that it has won a new contract with Mastek, a high-end IT solutions player with global operations providing new technology and intellectual property (IP)-led enterprise solutions.



The contract, which is worth a minimum of £2.75 million over five years, and will allow Mastek to re-sell focus:360°, the Group's market leading multi-channel distribution platform, across North America, Europe (excluding the UK) and Asia Pacific.Starting in March 2010, the contract comprises a five year term licence for focus:360°, worth £500,000 per annum, together with an additional £50,000 per annum of support services.

As part of the agreement Mastek will become a systems integrator for direct engagements with clients outside of the UK, providing Focus Solutions with scalable resource capabilities on a global basis. In addition Mastek will invest in creating an IT centre of excellence to support the implementation and configuration of focus:360° in those territories, as well as provide in-region application support and hosting.

The partnership may also see Focus Solutions and Mastek launch a series of joint value add propositions directed at the European, North American and Asia Pacific markets as well as for the UK to specifically help insurers prepare for a post-RDR world.

Richard Stevenson, Chief Executive, Focus Solutions, said: "We are delighted that Mastek has chosen focus:360° as its multi-channel distribution platform front-ending their Elixir policy administration platform. We see this as a great opportunity for focus:360° to be utilised outside of our traditional UK and Irish markets through Mastek's strong presence across the US, Europe and Asia Pacific. It has always been a key strategy of the Group to extend our international reach and we are looking forward to working with Mastek to provide a unique proposition for global life & pension providers and wealth management firms."

Mike Brinsford, Senior Vice President, Global Insurance Business, Mastek, said: "Global Life & Pensions and Wealth Management organisations are increasingly turning to multi channels to distribute their products and services, including direct to customers through the Internet. focus:360° dovetails perfectly with our Elixir platform to deliver powerful, integrated front and back-office solutions to our clients and prospects. Together, Mastek and Focus will significantly reduce distribution and operating costs and increase the speed to market of new products and services for our customers. We are also looking forward to helping Focus Solutions scale its business through our global IT services and complementary software assets."

Alastair Taylor, Chairman of Focus Solutions added: "I am excited by our new partnership with Mastek which underlines the excellent progress the Group has made towards our goals of diversifying our customer base and expanding the organisation globally beyond our traditional UK and Irish markets. The new contract is also a great example of how Focus continues to grow the proportion of the company's income from recurring licence revenue in-line with our Group strategy."

[welsheagle] 07/4/2010 20:41

Daniel Stewart recommended as a 'Buy' today, with a target price of 63p.
Finncap also recommended as a 'Buy'.

[iandippie] 07/4/2010 08:48

One year high too. Typical Sh*it* spread though. Market makers making it very unnatractive to buy. I am sure if the spread were narrower, the price would be much higher, but typically with FSG (and most other AIM stocks), they don't want to hold anything and risk getting caught out. Still, I am in it for the very long haul...

[balcony] 07/4/2010 08:17

Moved up in a straight line since end of feb,Very quite thread always a good sign

[dealit] 26/3/2010 07:22

Focus Solutions Group plc, (AIM: FSG), a leading provider of multi-channel distribution solutions to the financial services market, announces that on 23 March 2010 it was informed that Oryx International Growth Fund Limited ("Oryx") had, on 19th March 2010, acquired 1,440,000 Ordinary Shares in Focus, representing 4.86% of total voting rights.

[littleweed] 19/3/2010 17:52

hmmm... 1.44 million shares changed hands at the bid and the price ticks up a few minutes later.

[littleweed] 13/3/2010 12:56

davidosh - 13 Mar'10 - 12:13 - 2048 of 2048


gg...Great to see you here too. What are your thoughts on Focus ?

lol

More to the point what are your thoughts on FSG?. After all you have just met the management.

[davidosh] 13/3/2010 12:13

gg...Great to see you here too. What are your thoughts on Focus ?

[greengiant] 12/3/2010 08:33

dd - told you I would join you n a couple of boards

;-)

gg

[reallyrich] 04/3/2010 08:08

hi,

thinking of buying some, but the spread seems to be massive. any reason why?

thanks

[davidosh] 19/2/2010 10:57

littleweed...I was not being discourteous.

The discussion is on the thread after the meal over on TMF



There were certainly a few buyers after the event. No idea on current weakness other than general market sentiment.

[meict] 08/2/2010 14:38

They are cheap but very volatile.

The Market Makers seem to have plenty of stock.

The spread is wide and I was just quoted 25,000 @ 36.75.

I think I'll wait until it settles down a bit.

Meic