Foresight Vct Share Discussion Threads

[irresponsible] 01/8/2003 10:48

I never usually bother reading Net Asset Value RNS's but I clicked on this by mistake.
I missed out on both Telecom Plus and YooMedia but this trust didn't and their share price doesn't seem to reflect any of the recent tech growth.
In fact, it looks too good to be true. Any one know what the catch is?

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Net Asset Value31/07/2003 08:00:22

Foresight Technology VCT PLC
31 July 2003

Foresight Technology VCT plc

Net Asset Value

The Company announces that as at 30 June 2003, the unaudited net asset value of
the Ordinary Shares was 98.59p per share and the unaudited net asset value of
the 'C' Shares was 70.34p per share.

The Company also announces that it sold 500,000 shares held in Telecom Plus plc,
an investment in the Ordinary Shares fund, at £2.18 per share on 17 July 2003
compared to an average subscription price of 38p per share.

The Company further announces that the share price of YooMedia plc, another
investment in the Ordinary Shares fund, has increased from 4.5p per share as at
30 June 2003 to 10.75p per share as at 29 July 2003 resulting in an increase in
the unaudited net asset value of the Ordinary Shares of 6.93p per share.

[hilary] 06/6/2001 00:10

Try using the correct epic for your thread. It should be FTG not FTV!

Hil.

[speculators] 06/6/2001 00:08

Aim listed Motionposter the innovative advertising co that broadcasts moving images in underground stations, tunnels and subways across the world has seen its share price rise 200% (12p - 33p) in the last two months, on the back of impressive contract wins.


FTV, also listed on Aim, is a similar co. It sells advertising spots on large television screens on petrol forecourts. After a tip in this weekends Sunday Times, and unveiling a contract with Granada service stations, the price rose from 52.5p to 58p.


But FTV has been tipped again as a buy in todays 'Independent' newspaper which says the price has further to go.


When the company floated last year it promised a rollout of 1000 sites. 700 will be ready by this year and the rest by next year. As the Times sez "FTV keeps its promises" and is a buy.

[linhur] 20/2/2000 23:55

Foresight sold Policy master for £360,000 and Bond for £350,000 (after the profits warning).They also have a £1mill stake in Edistrict which is launching next month. There were only 750 shareholders in the original float which raised £11mill - nearer £85mill market cap as on Friday's price. Interesting AGM last week.They will have to go some to repeat the performance with the C shares. regards linhur

[spin doctor] 19/2/2000 12:45

Gee these VCTs are illiquid. As an extreme example - OXFORD TECH.VCT is up 300p on the day, and the spread? SELL 150.0 BUY 700.0 And all this because of a 45k investment in an internet start up and presumably a handful of buys. Foresight will come up with the goods in NAV terms, but much of this is in the price (recent NAV around 185p). IMHO, other VCTs look better value. eg Quester VCT and VCT2 are heavily biased towards techs, holding eg. JSB, XKO, Sopheon, Sibelius software, Orchestream, International Diagnostics (microbiological testing), HSL holdings (software), Policy Master (as in Bullshare's post), First Fibre (LAN products) and Boxman (e-retail). Given the price hikes this week in JSB amongst others, and the fall in Quester, I reckon NAV is now around the market price. And many of the earlier stage investments will still be valued at cost. I hold Quester from launch, will hold for the 5 years, and I don't plan to trade. But I suggest these are a buy for tax free capital growth on a 6 month view. SD

[bullshare] 19/2/2000 00:56

Yes. They have 0 stock. Spread was £1 just now. But its up 28% today.

[paulb] 18/2/2000 13:58

Is that why there is NO volume showing? Thanks PaulB

[paulb] 18/2/2000 11:48

Up nicely today. But what a massive spread. Does this mean the MM's are short of stock and discouraging buying? PaulB

[bullshare] 18/2/2000 09:44

Been going up and up, and as a bit of a momentum player I stuck my toe in the water today. I have not researched these but they do have a portfolio of investments. I have not found a complete list of its 'ventures' but this is from the July interims. The story is that one of these is floating in the next few weeks and should help the FTV price:-) Bond International plc (www.bondadapt.com) - specialises in the design, development and supply of computer software, hardware and related services to the recruitment and personnel industries. The company's principal product "ADAPT" is an established computer software package that automates the business operations of recruitment companies and is now being rolled out in the US market. (Amount invested: #350,000). Sapphire Group Limited (www.dataease.co.uk) - owns the long established "DataEase" family of computer database software products, which have a worldwide base of several hundreds of thousands of users. The company is now introducing new technology that allows existing DataEase users to update their applications for client/server operation, internet enablement and Year 2000 compliance. (Amount invested: #1,000,000). Policy Master Group plc (www.policymaster.com) - is a leading supplier of software and services to the insurance industry. The company has developed a suite of software solutions for both broking and underwriting, and supplies a range of services including training. (Amount invested: #180,000). Aran Software plc (www.aran.co.uk) - is a leading supplier of 'Open Systems' business solutions and associated services to wholesale and distribution businesses and banking throughout the UK. The company was formed in March 1999 when Unisoft Solutions Group Ltd, the original Foresight VCT investment, merged with Aran to form a larger profitable business with annual revenues of around #10 million. (Amount invested: #1,000,000). Actimax plc (www.actimax.co.uk) - supplies digital telecommunications systems to small and medium sized customers. The company's management team started a successful telecoms business and developed a focus on customer satisfaction which they intend to repeat with Actimax. Actimax installs complex computer and telephone combined systems using components from suppliers such as Ascom, Lucent, Microsoft and Goldmine. (Amount invested: #500,000). Survey and Distribution Services Limited (www.sds.co.uk) - is a specialist geospatial data software products and services company. It serves the growing market for digital mapping and the building of geographical information system databases. Their products include a software system to create digital maps and a system that geo-references video for, say, a utility business recording details of facilities. The company also supplies mapping services and services to convert old maps to digital format. (Amount invested: #500,000). CyberLife Limited (www.cyberlife.co.uk) - is a leading artificial intelligence software company. The range of products under development covers entertainment (such as the computer game 'Creatures'), productivity and tools. The technology also relates to new platforms such as toys, mobile phones and digital television, where the creation of intelligent agents enables better operation in a multi- choice environment. (Amount invested: #1,000,000). Synet Communications Limited (www.leisuredistrict.net) - runs an Internet Portal site with an international community of approximately 1,000,000 registered users generating about 60 million page hits per month. The site provides an increasing number of facilities including online games, email, personal home pages and chat, with e-commerce being introduced. (Amount invested: #500,000). Advanced Composites Group Limited (ACG) (www.acg-us.com) - is a well established manufacturer of high tech carbon fibre composite materials, with factories in Heanor north of Derby, and in Tulsa, USA. Successful markets include F1 racing cars, sports equipment, and aerospace applications. Foresight VCT supported a buyout team. (Amount invested: #1,000,000, with a further #500,000 committed). Telecom Plus plc (www.telecomplus.co.uk) - offers low cost telephone services to private subscribers using a novel way of obtaining new customers. Services presently include fixed wire and cellular phone service, with planned addition of gas and electricity supply. Telecom Plus has an experienced management team led by a chief executive who already has had one significant success in a previous telecoms company. (Amount invested in June 1999: #475,000). 2 MM's Winterfloods( NMS 1000) and W de Broe(NMS 500)