Foresight Share Discussion Threads

[interceptor2] 20/10/2010 10:53

ditto - cr. re - year end rally, I have been bullish since June and think todays pullback with FSG is a good opportunity.

I have to try and reign in my enthusiasm for FSG, but it's not easy. I note some posters have mentioned that FSG could be a multi bagger some times over, and I agree. I dont normally like to speculate about 2, 5, 10 baggers etc, but these do stand out as one of those rare opportunities the market throws up occasionally.

I noticed Finncap increased 2011 forecasts last week but left 2012 the same with EPS at 12.2p with a 123p price target. With such a large transformational recent contract win and further wins likely I appreciate it isn't easy to forecast 2012 realistically. But I expect current forecast will be beaten comfortably, with 2012 forecasts even more so.

Very excited by FSG, but I do hold here, so may be a tad biased.

dyor etc.

Regards........

[nurdin] 20/10/2010 10:39

Can feel a bounce coming :o)

[cockneyrebel] 20/10/2010 10:28

I think you'll be rather pleased with that before too long envirovision.

I'd have thought Osbourne's statement is all in the price of the markets already - not like it hasn't been well flagged is it?

A few whoosey traders scalping out I suspect, having forgotten what a fall was but I think this market is a great buying opportunity ahed of a year end rally imo.

CR

[envirovision] 19/10/2010 18:08

just found out got just further 7500 so 12500 today, not bad considering.

[cockneyrebel] 19/10/2010 12:49

ok - nice one

CR

[envirovision] 19/10/2010 12:46

CR it was with TD waterhouse and rejected. So then I put a 15K limit order in with HSBC at 90.5p, whilst buying 5K outright at 90p.

Looking at my 5K trade it was followed by three more 5Ks at 90p. Maybe HSBC did the business for me? But I wont know for sure yet.

[simon gordon] 19/10/2010 12:44

260p for a proper breakout :-)

[nurdin] 19/10/2010 12:41

This second wave has legs...100p not far imo...:o)

[cockneyrebel] 19/10/2010 12:37

better have a high limit envirovision :-)

CR

[envirovision] 19/10/2010 12:00

Just put a limit order in for 14K

[jakleeds] 19/10/2010 08:50

It will. The Retail Distribution Review in the banking sector is absolutely huge, and it's hardly started yet.

[dasv] 18/10/2010 20:21

Anything I bought with a PEG of 0.1 in July/August 2009 multi-bagged 3 -8 times. Let's hope FSG does the same ;)

[saucepan] 18/10/2010 18:06

Thanks guys, for the welcome

[interceptor2] 18/10/2010 17:57

Hi Saucepan - Good to see you here......

[cockneyrebel] 18/10/2010 17:45

Hi Saucepan. Well done, I added on Friday. Results are Dec 7th so I expect these to get more in demand as that date approaches.

8.2p eps this year, 12p+ eps next year, that's 50% earnings growth compound going forward. That's a PEG of 0.15. When you consider Jim Slater reckons a PEG of 0.75 is a buy you can see how cheap that are on the zulu metric.

The forecasts look nailed based on exiting contracts too imo - any further signifant contracts this years and these look hideously cheap imo.

Anyway, just my opinion but I think these are a bargain here - time will tell.

CR

[saucepan] 18/10/2010 16:31

Just to say Hi. I was one of the first time buyers today. I look forward to further discussion on the thread. Thanks IC2 and CR for alighting my initial interest.

[nicedude1976] 18/10/2010 16:30

i agree about the bowl-like formation, although this is a long term thing. I surely wouldn't buy anything now with a view of making quick and likely profits.

[owenski] 18/10/2010 09:14

Took a few more this morning

[cockneyrebel] 18/10/2010 08:45

Buyers in heere today while there's stock about - when it's gone it's gone :-)

CR

[cockneyrebel] 16/10/2010 18:33

More importantly there's a huge bowl formed ino Simon.

The best chart you can find imo.

CR

[simon gordon] 16/10/2010 18:15

Chart is smoothed out quarterly both on price and volume:




Historically it's in a little pocket of support and resistance that dates back to 2001.

[cockneyrebel] 15/10/2010 17:27

Agree.

Look not where the share has been but where it's going imo.

CR

[simon gordon] 15/10/2010 16:46

2010 Contract Wins:

8/1 - Contract Extension with Assureweb.

2/3 - Contract with AWD Chase de Vere, one of the UK's leading independent financial advisers. The contract is expected to be worth approximately £1.4 million over four years.

7/4 - 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°.

2/9 - Signed a new contract with a major global retail bank client ("retail bank") in relation to the requirements for their mortgage distribution product in the UK.

16/9 - Extended its contract with HSBC Plc, one of the largest banking and financial services organisations in the world. The contract extension is worth approximately £1.0 million, the majority of which will be recognisable within the current financial year.

22/9 - Signed two new contracts worth over £500,000 in aggregate; one with a leading provider of accident and health insurance and the second with one of the UK's largest providers of free debt solutions.

4/10 - Contract is worth approximately £10 million, comprising £6.5 million in licence fees, approximately £2.5 million in implementation services and a further £1 million per annum in support and maintenance. In addition, Focus Solutions anticipates that the contract will be worth up to an additional £10 million over the following five years from annual support and maintenance fees, transaction fees, and additional implementation services.

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Not a bad year so far....

[bigbigdave] 15/10/2010 16:06

3 more lots for me. Look after them for me, off to sunnier climes this weekend 8-)

Edit, another 5 lots total.