Foresight Share Discussion Threads

[interceptor2] 12/10/2010 08:28

edcrane - thanks for the revised price target, do you know if Finncap have increased forecasts, because I recall them stating (the risk to our forecasts is now on the upside) on 4th October.

Regards.....

[interceptor2] 12/10/2010 08:28

Repeated - edit

[felix99] 12/10/2010 08:27

yes look slike they were doing rather well even without the big contract !

I think we just got to work through Hambro selling and then it should move north properly

[interceptor2] 12/10/2010 08:18

Very strong trading statement, which bodes well for H2. I brought more this morning.

[simon gordon] 12/10/2010 07:59

"worth a minimum of GBP10 million over the next two years"

[envirovision] 12/10/2010 07:57

25% rise in sales in just 6 months, fantastic.

[edcrane] 12/10/2010 07:46

Finncap on FSG

Strong trading to 30th September with 80% visibility on FY 2011 results prompts us to increase our forecasts and fair value estimate to 123p (105p).

[cockneyrebel] 12/10/2010 07:26

I think that's as confiden t a trading statement as I'ver ever read :-)

Glad I picked up another 12.5k yesterday

CR

[cockneyrebel] 11/10/2010 17:23

Cheers

CR

[simon gordon] 11/10/2010 11:23

CR,

Done and dusted :-)

[cockneyrebel] 11/10/2010 11:22

Simon - can you stick this in the header:



It's a quick link to plus market trades.

ta.

CR

[dealit] 09/10/2010 07:52

Well that should be something to look forward too, maybe share price will be a £1 on thursday.

[simon gordon] 08/10/2010 16:47

Phoned company, TU should be Wednesday.

[envirovision] 08/10/2010 12:54

Fantastic post. My guess is theres a buyer in the background today, lets hope its another small cap fundi or something.

[simon gordon] 08/10/2010 12:27

Very tasty piece of analysis by BritishB on the Fool:



Forecasts for next year are for £5m pretax profit and a forward PE around 7. They are already net cash on the balance sheet. I have no idea when the £6.5 license fee will hit their bank account but even if it's over the next couple of years it looks like they might have about half their current market cap covered by cash by end 2012 say.

I guess the big question is whether this latest contract is a bit of a one-off in terms of size or if similar will follow. A few more of these and we'll have a £100m market cap on our hands with the likes of SAP and Oracle getting more than interested.

It does look to me as if they have hit an absolute sweet spot, with a must have product, very little credible competition, high barriers to entry (HSBC have spent MILLIONS developing this stuff) at the perfect time.

[simon gordon] 07/10/2010 13:35

Nicedude,

Yes, FSG looks like it will deliver more bang for the buck. KBC really needs to breakthrough 60p with conviction.

[nicedude1976] 07/10/2010 13:31

simon - exactly my thoughts and 2 of my longer term holdings. focus is more in the uptrend though.

[simon gordon] 07/10/2010 12:59

They say things come in twos, today KBC a little small cap announced a monster contract for $42m spread over two and a half years, current market cap £29m. KBC have a similar long term chart to FSG.

[dasv] 07/10/2010 12:51

FWIW I added again today.

[interceptor2] 07/10/2010 12:27

FSG recommended in Share mag today as a buy. (no surprise)

When I go into smith's I will take a look and give an update.

[envirovision] 07/10/2010 10:03

Can they start to crack the US market?

19 November 2009, US patent granted for focus:technology software

Focus Solutions Group plc (AIM:FSG), a leading provider of proven enterprise solutions to the financial services market, is pleased to announce that it has been granted a patent by the U.S. Patent and Trademark Office for electronic forms and data verification.

The patent covers the Group's innovative suite of highly flexible development tools, focus:technology, (previously known as goal:technology) which underpin all of the Group's focus:360° products. The software enables the rapid creation of web based user interfaces that can capture, validate and report data for financial services organisations. Through achieving this US patent, the Group is clearly demonstrating and protecting its IPR in relation to electronic form creation and data verification.

To secure the US patent the Group had to prove that its technology was original, innovative and works. The patent is valid until June 24th 2024. This patent award follows the award of the UK patent (GB 2389499) for electronic forms and data verification which was granted in 2005.

[interceptor2] 07/10/2010 08:29

FSG could move up fairly rapidly from here. When you consider that most of their revenue are generated from the large UK banks. Now they have the contract in place with Mastex to resell the 360 product worldwide, I expect to see more contract wins soon.

Regards...........

[mikeja] 07/10/2010 08:14

Second leg up,should carry them past the£1 mark.