Thanks for this comprehensive piece on Foresight. I too feel that it is being unfairly overlooked by the market but perhaps the management should get out there and raise its profile with retail investors?
SmallCaps have been punished for several years, add to this the fact that companies with a more financial profile are not in fashion and add to this low liquidity. The result is that since it went public it has done nothing on the stock market.
But all this is good if you go long term because if the company continues to grow at a good pace and its EPS evolves favourably at some point the market will agree with us. It is a matter of time.
My thoughts as presented in July and December haven't changed but let's see what happens in 2024. It's about time that the asset management industry showed some signs of life.
Thanks for this comprehensive piece on Foresight. I too feel that it is being unfairly overlooked by the market but perhaps the management should get out there and raise its profile with retail investors?
SmallCaps have been punished for several years, add to this the fact that companies with a more financial profile are not in fashion and add to this low liquidity. The result is that since it went public it has done nothing on the stock market.
But all this is good if you go long term because if the company continues to grow at a good pace and its EPS evolves favourably at some point the market will agree with us. It is a matter of time.
Thanks and yes I'm in agreement; if earnings keep improving then the share price will respond in time.
I've pitched Foresight as an idea a couple of times this year: http://hcut.to/v/xrxS5MJ and http://hcut.to/v/xiTqaNx (those are YouTube clips).
My thoughts as presented in July and December haven't changed but let's see what happens in 2024. It's about time that the asset management industry showed some signs of life.