Future Share Discussion Threads

[addict] 23/12/2002 07:59

Balthazar,
Saw it-but strange that no mention of the very positive recent trading statement,which in my view makes it a buy,rather than a hold.DYOR.

[balthazar b] 22/12/2002 22:55

Tipped in Sunday Times today - strictly speaking they said hold at 55 1/2, having tipped at 65p in June. One of Shares Magazines top tips for 2003.

[balthazar b] 18/12/2002 15:19

A lot of decent sized buys going through today. Enough to tempt me back at 55p.

[gzr] 13/12/2002 18:54

Some big selling today, someone wants out. The shares are lower than before the upbeat trading statement.

Artemis like them though, article on Citywire today, excerpts below:

Bargain hunter and Artemis star manager Derek Stuart has taken time out of a busy schedule to run Citywire through the stocks cheap enough to make it into his funds' portfolios and those yet to make the grade.


Once Stuart, manager of the ABN Amro UK Select Opportunities and Artemis UK Special Situations funds, has found a stock he likes one key determinant dictates whether or not he will buy; price.

It may sound obvious but Stuart is particularly pleased with his ability to find bargains and he believes this is what sets him aside from his peers and has helped earn him an AA fund manager rating from Citywire.

In the media sector he is very excited about his holding in computer games magazine publisher Future Networks, which he bought when it was refinanced at 25p. He believes the launch of new computer consoles and games should massively boost demand for the company's titles and thinks the shares are easily worth 100p.

[krash] 12/12/2002 15:43

Big 486k buy at 64p. What is going on here?

[krash] 09/12/2002 17:45

another day ended with a large T trade buy. Someone is loading up.

[hectorp] 07/12/2002 19:43

Oh no! holding my 30K stock from 61.5. Will sell at 68. Not before.

[krash] 06/12/2002 18:12

Has anybody else noticed the large buys today? or am I the only one who is interested?

[addict] 05/12/2002 09:50

A positive trading statement-a rare commodity indeed in this market!Should get some positive press,so follow through interest over the next few days.

[bob2001] 05/12/2002 09:37

Pretty chart!

[gzr] 05/12/2002 09:25

addict, it certainly does look good. Interim profits were 4.3m against a loss of 1.4m the previous year, some turnaround. The recovery is clearly continuing, the share price hasn't followed yet.

[krash] 05/12/2002 09:15

The new trade range will be between 60 and 70P.

[addict] 05/12/2002 08:38

GZR,
Sold a long time ago but back in.Looks v. good.

[gzr] 05/12/2002 08:32

I'm in on that news, I've been watching these for months. A good recovery situation imo, the momentum could start to build now after that bullish statement.

[hectorp] 05/12/2002 07:50

' free of Bank Debt' - do they have other kinds of debt anyone?

[cockneyrebel] 05/12/2002 07:33

The Future Network plc (LSE: FNET), the international consumer magazine Group,
today announces that trading in the four months to 31 October 2002 has continued
the progress reported for the first half-year. Accordingly, the Group now
anticipates that operating profitability for the year 2002 (as measured by
EBITA) will be comfortably ahead of current consensus market expectations.

As announced on 4 September, the first half-year to 30 June 2002 was a period of
important progress for Future. Group turnover from continuing activities for
the six months to June increased by 14% over the corresponding figure for the
previous half-year.

This progress has continued into the second half, with Group turnover from
continuing activities for the four months to end-October increasing by 18% over
the corresponding period last year.

The Group's performance in this period reflects strongly profitable trading in
the US and continuing growth in the UK. Overall circulation performance of the
Group's magazines has continued to show good growth, especially for computer
games titles. Advertising income across the Group for 2002 is expected to be
flat year-on-year.

The fourth quarter is traditionally the strongest quarter for Future.
Accordingly, the results for the year 2002 as a whole will depend to a
significant extent on circulation revenues for November and December, which are
not yet known.

The Company's results for the year 2002 are expected to be announced on 11 March
2003.

[eithin] 29/11/2002 14:01

In @ 58.75 earlier today. Some large trades @ 59p (mid price). Any hunches. Bought for medium term. Profit makinh etc. dyor

[miked500] 22/11/2002 09:44

from today's independent 'Future Network was 1.75p better at 58.25p as UBS Warburg started coverage of the specialist publisher with a "buy" recommendation and 73p price target. The Swiss broker is expecting strong growth from the company over the next couple of years as the company takes advantages of the computer games cycle, which looks set to boom thanks to the introduction of new hardware on the market such as the PlayStation 2.

[bob2001] 22/11/2002 00:01

This one looks ready for another run up. Candlesticks are looking nice.

[dave j] 04/11/2002 14:16

Morgan Stanley dispose of shares. Director - 'no longer has notifiable interest').

I've sold on this run and taken profits.

[dave j] 04/11/2002 08:55

And into profit.

[dave j] 04/11/2002 08:21

Good news indeed. Im now at break even point so feeling more comfortable.

Not sure about 75p by e.o.November but agree, these shares are looking strong for some movement north.

[miked500] 02/11/2002 08:53

from today's Times 'Future Network firmed 1p to 54p after Wednesday’s upbeat third-quarter figures from Ziff Davis, the largest US publisher of gaming software magazines. Altium Capital believes that Future is set to benefit from the same improvement in advertising reported by its US peer, and suggests that profit forecasts are likely to be upgraded during 2003'

[bob2001] 01/11/2002 11:31

I think we are in for a jump up soon. Christmas is coming. Games consoles are being considered by dads and magazines both official and unofficial are being purchased.

Oh and there seems to be a lot of buying activity on this share after a really quiet patch.

Anyone like to guess the price by end of November? I think over 75p but I'm just thinking wishfully as a small player.

[dave j] 01/11/2002 09:27

And again.