Foresight Share Discussion Threads

[badtime] 30/11/2010 19:32

sit on our hands time thn

[cockneyrebel] 27/11/2010 11:31

Times today:

"Britain's software stars are glittering prizes for predators - Autonomy, despite quibbles over accounting standards, has a strong story to tell."

Many software co's very undervalued at the moment - I don't think any account has been taken here regarding the cash position of FSG. Going forward they are going to be debt-free with apile of cash. In the past you could expect software co's like FSG trade on PE's way over 20 and that would be co's with a fair wadge of debt and no prospect of a divi - I'm not talking about the tech boom either.

The market is currently focused on this years earnings because H1 hasn't yet been revealed but once the interims are out then investors will look at the forward earnings. It has to be said too that being an AIM software co if the investor is uninitiated with FSG and the recent changes from bespoke software to 360 off the shelf software then the scaleability probably hasn't been appreciated by many. That might mean that for a lot of the market it's a leap of faith to believe FSG earnings are going from 5.7p last year to 8.2p this year and 12.2p in the coming year.

£2.4m net cash at the year end gone. With the recent contract win, depending how those payments come in, the cash position is probably set to go way higher in the next couple of years allowing for the development of even greater business and the payment of a divi imo.

Anyway - we'll all hear more come the results on the 7th - hopefully you can call the FD's presentation off for the following week davidosh - as we all bank a big agreed cash bid and the co gets taken over on a fat premium :-)

I still fancy Unisys as the bidder.

CR

[davidosh] 27/11/2010 11:00

The results are on the 7th December and must not only contain historic figures but also detail on outlook and give indication of where we are at for the full year. There may also be information on smaller contracts or Mastek developments on sales which would not necessarily be seen via RNS. Then a week later the FD is presenting at our dinner to review progress since FSG presented a year ago...He will no doubt explain the figures from the interims and potential of the contracts but cannot talk about the recent bid news of course. That may or may not happen at anytime.

Personally with all these things in the very imminent future I prefer to hold on to all mine whilst awaiting developments but in any event I see the company with a very good short and medium term future...in five years time it may be different but FSG does have the potential to have multi-bagged by then IMHO.

[cockneyrebel] 26/11/2010 17:24

Do you think so? I think the buyers will be in ahead of the results.

Looks like a win win to buy here imo - you get the stock as cheap as it is now on it's own merit or you get a bid way above today's price imo.

CR

[sportbilly1976] 26/11/2010 16:59

flat line now till update on offer rns imo.

buyers have bought and sellers have taken profits.

[johnv] 23/11/2010 16:36

dummy run this pm 1500@129.9p max buy

[dasv] 23/11/2010 16:06

CR - the chart will only get better from here too ! (imo)

[cockneyrebel] 23/11/2010 15:26

Nice AISGAH :-)

I see the mm's marked these down on no trades earlier - bit of a shake to try and get stock on a weak day imo - now they've panicked and marked back up when it never worked.

Fortnight to the results - buyers likely to be moving in soon to be long ahead of those results imo.

Chart looking good here to imo - nice little new uptrend forming.

CR

[aishah] 23/11/2010 11:49

Focus Solutions launches focus:360° for iPhone and Android

[felix99] 22/11/2010 17:49

My moneys - on who ever pays the most :-)

Not bothered which continent they are from lol

[jakleeds] 22/11/2010 17:02

My money's still on one of the Indian co's.

[johnv] 22/11/2010 16:21

thx for the answers, decided to top up

[simon gordon] 22/11/2010 16:17

If it turns out to be Unisys we'll be very happy bunnies. The dream scenario is if a couple of the below get into a bidding war:

360 resellers:

~Mastek
~Tieto
~Unisys

360 system integration partners / technology partners

~IBM
~Mastek
~Microsoft
~Tata
~Wipro

[cockneyrebel] 22/11/2010 16:13

I still fancy Unisys as th bidder, just looks right imo.

Results just a fortnight tomorrow so we might not have long to find out :-)

CR

[sportbilly1976] 22/11/2010 16:11

johnv,

The mkt may have an idea, in the same way we have an idea, but it doesn't know.

[felix99] 22/11/2010 15:57

mkt discounting price for fact bid not yet a done deal and may not happen?

[lomax99] 22/11/2010 15:45

I certainly hope not, I have been adding around this level and will be somewhat disappointed if the take-out price is not some way north of £1.50.

[johnv] 22/11/2010 15:39

Got a few of these sometime ago. Does anybody think its worth topping up. I get the feeling with takeovers that the market knows and has moved it up to near the approx offer price.

[nurdin] 21/11/2010 21:21

doh..lol

But thinking about it, it makes Unisys a front runner in the biders list imo..as I think CR mentioned it here...

[simon gordon] 21/11/2010 21:19

Nurdin,

Sorry, I made a mistake on post 340, the agreement was signed in 2009 not 2010. I've corrected it.

[nurdin] 21/11/2010 21:08

That deserves a....wow ! :o)

[simon gordon] 21/11/2010 19:51

29/9/09:

New strategic alliance with Unisys UK

Focus Solutions, (AIM:FSG), a leading provider of proven enterprise solutions to the financial services market, is pleased to announce a strategic partnership with Unisys, a worldwide information technology consulting services and solutions company.

The partnership will provide Unisys with innovative technology from Focus Solutions for use on their multi-channel mortgage origination platform. Unisys selected focus:technology after a strategic review of the leading technology suppliers in the market.

Based on Focus' experience of creating sales automation and advanced web based applications, Unisys is set to tap into this expertise to create a powerful straight-through processing model aimed at the major banks and building societies across the UK and Ireland, selling high volumes of mortgage related business.

Lenders for many years have been looking for a single solution from a single supplier in order to reduce the overall cost of ownership – this new partnership between Focus and Unisys will provide an innovative alternative.

Focus' technology is currently being used to power Trigold's Electronic Trading Centre and this partnership deal now enables a lender to develop an e-application process and deploy this across multiple channels including;

~Branch
~Intermediary portal
~Trigold
~Call-Centre
~Consumer portal

The same data is transferred directly into Unisys origination platform avoiding the need to re-key.

Richard Stevenson, Chief Executive, Focus Solutions Group plc, comments;

"We are delighted to be working with Unisys as we look to grow our brand further in the mortgage sector. The latest version of focus:technology dramatically reduces the associated costs for developing intermediary and consumer portals in an intelligent and dynamic fashion. Our clients want fast and adaptable solutions delivered with change in mind. We are currently actively engaged on several significant deals together."

Steve O'Loughlin, Unisys Head of Sales for Mortgages in the UK added;

"The Unisys origination platform (UMO) works seamlessly with the award winning UFSS mortgage and banking system and the partnership with Focus will improve further the ability to deliver true end to end process optimisation and business agility. UFSS is already a key business component used by half of the top UK lenders. We have a good relationship with Focus, based upon their can do attitude, technology and domain knowledge and this relationship will continue to help us maintain our market leading position."

[simon gordon] 21/11/2010 18:59

Tieto is one of the largest IT solutions and services companies in Europe with 16,000 experts across nearly 30 countries. Tieto has a range of focused offerings, specialising in business solutions, consulting, development and hosting of its customers' business operations. We have experience of working in across multiple industries over the last four decades with a unique combination of capabilities in IT, R&D and digital services.

Tieto's Financial Services division provides global information technology solutions, including e-Banking, payments, cards, mortgages and savings, instalment credit and collections. With 2,500 employees dedicated to financial services across 14 countries, our solutions provide unique, competitive advantage to over 400 customers worldwide.

[simon gordon] 21/11/2010 18:23

360 resellers:

~Mastek
~Tieto
~Unisys

360 system integration partners / technology partners

~IBM
~Mastek
~Microsoft
~Tata
~Wipro



*Bar Mastek, the above have very deep pockets.