Foresight Share Discussion Threads

[nurdin] 15/10/2010 16:02

All they have to do is to announce a contract with another bank or an insurance company and the current price will be history imo...;o)

[simon gordon] 15/10/2010 16:00

In for some more. Someone send Mark & Jim Slater an email :-) I wonder how long it'll be before one of them spot FSG?

[tech] 15/10/2010 15:46

Had a small top up, should be much higher over the next few months

[cockneyrebel] 15/10/2010 15:42

Fwd PE 10 falling to 7 here and an absolute ton of cash.

Fantastic growth too.

Just had another few on the dip.

CR

[simon gordon] 13/10/2010 12:03

Finncap have nudged 03/11 EPS up from 7p to 8.2p. 03/12 remains static at 12.2p.

[cockneyrebel] 13/10/2010 11:42

PS - this is a 10% pull back from this weeks high now too.

CR

[cockneyrebel] 13/10/2010 11:41

picked up another 12.5K today while there's stock about.

Buy when you can UK-I, not when everyone else is imo.

These are a pure Jim Slater zulu stock imo - look at JDG, VLX, XPP if you want to see how zulu's move imo. MER, MJW, TPT, all started life as low PE zulus - at their height they all traded on PE's of 20 and none were getting the chunky hunky license revenues that FSG are getting.

Worth doing a bit of research on these imo. Where they used to make bespoke software for banks they now sell 'off the shelf'. They spent years developing this stuff for HSBC, now they have a product that can be rolled out to all the banks and IFA's. License revenues go straight to the bottom line and now they have several of the top 5 banks as clients the whole industry will take them very seriously imo. Then there's the US :-)

Could be one of those wonder stocks you come across every 5 years or so imo - and it's trading on a fwd PE of based on very conservative forecasts of 12p eps imo.

Already had net cash of £2.4m befor that £10m contract win - what's the net cash now going to be? £7m? £10m? Mkt cap £26m.

All in my opinion, do your own research etc. I've been adding while there's stock about but when it's gone it's gone :-)

CR

[dasv] 13/10/2010 11:12

guess there's a bit of profit taking going on which is fair enough. We may find volatility increases after such a sharp rise. I say buy the dips though.

[ukinvestor220] 13/10/2010 10:24

now that is all over and done with, whats happening here at FSG today. The froth seems to have blown off since yesterdays fantastic results.

[simon gordon] 12/10/2010 17:19

Davidosh,

I was disrespectful as I enjoy reading the posts at the Fool. I admire the grunt work posters put into the stocks they own. I think I was just being hyper critical of some Fools who get too attached, LNG was I think where this view festered from. I hope all those guys bounce back, as we all have loss making trades and the main thing is to learn from them.

---

Edited.

[davidosh] 12/10/2010 17:02

No problem and thank you for explaining. Nobody gets it right every time but they deserve respect if they put hard work in. Very few will have lost as much as me in a day on paper at least in MUBL but I will live to fight on... There are some very good guys on TMF and I know many from the banking and oil boards too...In that respect I become quite defensive of them all. Even a newbie that does not know their p/e from E&P can still blossom into a great researcher and may just come up with a nugget given time. Anyway no harm done and sorry I had to raise it.

[davidosh] 12/10/2010 16:08

simon,

As you will see from the first post in the thread FSG was flagged up at below 30p from memory and there have been tens of companies discussed in the Pub that have seriously multi bagged and others that have been very steady performers for the long term with nice yields etc. Just like any BBs there are good and bad suggestions for research but your suggestion that

'Yeah, they over intellectualise the whole process and don't step back and think like a businessman (trader), they get attached to management, in fact they dream of running the company.

I found rather offensive if I am honest and then to copy a link after saying it was rather hypocritical IMO. Anyway not going to spend too much time on it. Maybe if you show us some of your hard work and research by sharing rather than depending on the excellent banking and oil guys on TMF we would get along better !!

[simon gordon] 12/10/2010 15:44

Davidosh,

Just to extrapolate, I always read the Bank & Oil sectors and have found some good money making ideas. I read the Pub Shares but haven't found one idea that I've been stimulated to buy. I rarely read the other threads and so give it a "big miss" and historically I've given Pub shares a "big miss" but I keep reading that thread for a "big one".

[simon gordon] 12/10/2010 15:28

Davidosh,

Not wild, just a generalisation based on my watching the Fool.

[davidosh] 12/10/2010 15:24

simon gordon....Strange that you are posting links to TMF as I thought you were unimpressed by your comments on the Den thread as copied here...



simon gordon - 8 Oct'10 - 16:10 - 94570 of 94778

CR,

Yeah, they over intellectualise the whole process and don't step back and think like a businessman (trader), they get attached to management, in fact they dream of running the company. The oil & bank lads on the Fool are street smart, the rest I give a big miss. Now most of the smart oil lads have gone to Stockopedia where I've found some good ideas.



Judging by your comments I would have thought the Pub would have been a 'big miss' or was that a wild generalisation ?

[simon gordon] 12/10/2010 14:54

CEO on CNBC - 12/10/10:

[simon gordon] 12/10/2010 13:27

Carmensfella on FSG - 12/11/10:

[simon gordon] 12/10/2010 12:48

HB Markets - 12/10/10:

Focus Solutions Group (LON:FSG) (FSG, 92.0p, £27.37m) The trading statement ahead of the interims to 30 September 2010 is positive, with performance ahead of expectations. The provider of multi-channel distribution software to the financial services market expects sales to be up over 25% against the previous year to £5.4m, with a dramatic improvement in operating profit to over £1.1m (H109: £0.1m). The group has a strong order book with 80% of the forecasted revenues already booked. The Coaching Platform acquisition is delivering £0.5m of licence sales in H1 2010. We believe there is scope for the market to upgrade current 2011 estimates of PBT of £2.9m and EPS of 7.0p. The share price has rallied since buy recommendation following the recent £10m contract win. We are pleased by the group's performance and believe a current 2012 PER of 7.5x does not reflect the strong order book and the high quality of earnings. Despite the group exceeding our previous target price, we retain our BUY recommendation and increase our target price to 128p – equivalent to 10.5x 2012 earnings.

[simon gordon] 12/10/2010 12:16

CNBC:

~Two or three global competitors.

~Israel, Hong Kong & South Africa with "exactly the same requirements" to UK, "very similar kind of trends".

[ukinvestor220] 12/10/2010 12:09

what did he say on CNBC ?

[dasv] 12/10/2010 10:32

my only regret is not buying 30 times rather than 3 times.

[neg] 12/10/2010 08:58

The CEO is on Strictly Money on CNBC this morning at around 11.45 according to their schedule.

[interceptor2] 12/10/2010 08:36

Thanks edcrane...........

[edcrane] 12/10/2010 08:31

let you know when I see more a bit later