Fusionex International share price (FXI)
I stumbled on this company from the Naked Traders website – he bought 2500 shares a few days a go.
So it might be worth a punt as well – but research needs to be done first…
- What’s the company worth (Market Cap)?
ADVFN quote page – Share price x number of shares
Looking for £50m to £950m
£ 73.32m (on the small side but within range) - What are the full year pre-tax profits?
Full year, preliminary, interim results
Look to see if the market cap is 15x this at most.
£28.37 – results from Sept-15
However the forecasts for 2016 seem to drop to around £4m??
Looking into this further there seems to be an issue moving to different channel partners(?) and extending payment periods – impacting cash-flow. - What is the net debt?
Should not exceed 3x full year pre-tax profits
Net assets in business - Big spread?
Anything more than 5% = bad
4.73% - Is the share price rising?
ADVFN yearly charts
IT’s had a massive fall – due to the trading statement and the market reaction – but it does seem to be on the rise again (maybe a market over reaction?). - Profits rising?
Full year, preliminary, interim results
Yes - Dividends rising?
Full year, preliminary, interim results
Yes - Is the outlook positive?
Full year, preliminary, interim results
Yes - Anything negative happening?
Cash flow delays - Are markets improving or getting worse?
Worse - What dividend does it pay and when?
- Sector?
IT Services sector - Next statement due on?
imminent - Company website good?
Yes - Any recent director share dealings?
One director has bough two additional chunks of shares and there was a warning of significant interest in the share.
So the above doesn’t paint a great picture…and to illustrate the fall here’s the last twelve months:-
It’s a big fall from the normal level of support – back to the level it floated at.
Does a good company become bad overnight – certainly NT seems to have seem something in it.
As I’m still learning I’m going to take a position and see if this is an over reaction (I just hope I’m not catching a falling knife).
Peace
G