Foresight Share Discussion Threads

[grabster] 04/12/2024 08:10

IC on 8 Nov wrote "Last month, head of infrastructure Ricardo Pineiro sold 220,000 shares for £4.90, or a total of £1.1mn. Co-head of private equity Matthew Smith followed suit, selling 47,684 shares for roughly £227,000. Fellow head of private equity James Livingston sold 92,000 shares for £440,000, and CIO David Hughes also made a substantial gift of shares last month.. "

HY Results last week were dull. (Although headlined as "strong")


From its peak 3 months ago it is down about 25%.
What triggered that reversal of fortunes?
As someone who makes more from downbets than from my upbets I would obviously like to have been onboard such a slide but I wasn't and still hold no position. I hadn't even looked at the stock till yesterday. Looking back at last year's chart there seems to be quite a density of support around the £4 area despite that autumn dip that ended a 30% slide.
Price bouncing off £4 this morning so far.

[riverman77] 03/12/2024 17:34

Not sure, but not keen on the fact that they don't publish earnings per share (at least not in the headlines, perhaps buried somewhere deep in the report). They keep referring to growth in Core EBITDA pre SBP (clearly a nonsense measure) but seem to keep very quiet about EPS which has been falling recently.

[rogash] 02/12/2024 12:24

ANYBODY ANY IDEA WHY THIS IS SO WEAK AT THE MOMENT.

[death by donut] 24/6/2024 15:52

Spoke too soon :-)

[death by donut] 22/6/2024 10:06

New 52 week closing high i think.DbD

[ec2] 22/6/2024 08:38

Having done well in Gresham House which was a similar type of asset manager and was taken over last year I have been watching FSG. Eventually bought in last week on the dip. Share price already up 14pct since purchasing but I am happy to sit back and further wait enjoying the 4pct plus dividend in the hope that either someone takes them out or there is further appreciation in the share price to reflect the full value.

[death by donut] 02/5/2024 16:10

I take it the UT price of 468p is a good sign?DbD

[death by donut] 02/5/2024 10:54

Just for interest Deutsche say Buy , tp 600p.DbD

[death by donut] 11/4/2024 14:42

Breakout?DbD - Long

[riverman77] 25/1/2024 17:34

Ameriprise are a highly acquisitive group, previously acquiring BMO amongst a few others in recent years. Looks like FSG could be their next target? Gresham House were recently snapped up by Searchlight Capital and FSG are a pretty similar outfit - wouldn't be surprised to see a bid come through here.

[dassera] 23/1/2024 15:55

Presumably Ameriprise Financial subscribes...

[roghart1] 18/1/2024 12:34

tightfist - re Zulu screen FSG in and Journeo out

[peddlers] 14/11/2023 19:19

Nice rise today off the back of US inflation data.

[peddlers] 10/11/2023 12:07

Target 550

[peddlers] 30/10/2023 10:55

The buy back should see a nice boost in the share price
From a chart point of view we are in oversold territory.
As we move into the coming months we should hopefully start to see good quality, undervalued stocks increasing in price.
Foresight are one of these stocks imo.

P.

[jm65] 03/10/2023 11:29

Must have been updated recently.
Now showing update on 10th October.

hxxps://www.foresightgroup.eu/shareholder-info?tab=3

[tightfist] 03/10/2023 11:26

Yes, FSG are teetering on the edge of the Zulu screen, (marginal on relative strength). The Zulu screen seems to have done well in the long run, do you know how much share churn it has experienced? Currently it only screens FSG and Journeo - the criteria do look pretty stretching!

[lomax99] 02/10/2023 14:18

That was last year, so could be similar.

[thebeast1] 02/10/2023 10:47

I thought the results were meant to come out today. Any news on this?

[thorpematt] 28/9/2023 17:37

Ex div for 15.5p today

Also, I just noticed this one passes Stockopedias Zulu screen.

On the Uk list it is one of only 2 companies to do so.

[jm65] 19/9/2023 11:44

Fingers crossed for next Tuesday then :)