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ADE Addleisure

1.25
0.00 (0.00%)
28 Mar 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Addleisure LSE:ADE London Ordinary Share GB00B031HV98
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 1.25 - 0.00 00:00:00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
0 0 N/A 0

Addleisure Share Discussion Threads

Showing 476 to 496 of 825 messages
Chat Pages: Latest  21  20  19  18  17  16  15  14  13  12  11  10  Older
DateSubjectAuthorDiscuss
16/11/2005
12:20
Here's a bit of good publicity for those still in ...
mark c graham
16/11/2005
08:59
Results this morning go a long way to vindicating Dell314.
- Remaining cash almost entirely relates to the warrants exercised just before year-end.
- Cash burn (excluding that spent last year on acquisitions) will wipe out remaining cash in one year.
- Administrative expenses are outrageously high at £1m.
- Structure is not shareholder friendly; the investmnet holdings are not transparent and it is difficult to see how inwards cashflow will be generated.
- Whilst the businesses may have promise, there is not enough there yet to justify a £4m market cap, especially since further cash will certainly be needed in due course.

Sold out the remainder of my holding at 3.42p, first thing this morning. Feeling very lucky to have made a healthy profit on this.

mark c graham
15/11/2005
13:35
results due out tomorrow , what will this bring us I wonder
memoeryman
09/11/2005
17:09
anyone seeking a good idea as to why this is a poor prospect should check out Dell 314 on ii who has a good take on the accounts and how the money may not go around, plus has punctured some of the pr puff that gets talekd there. The fact that it is not hot on these boards as well tells a tale though suprised as I thought the rampers were united cross board.

Happy hunting!

bighappy
02/11/2005
17:27
yep as you can see proper sipp, I have been having a laugh with the new Sippnumpty on Zar or ZBA cant remember which. More of the dogs tipped by Dells mate Tip on ii.

Anyhow, it really is hilarious the level of naivete. Tip is a bit cleverer than just stating that something is or about to happen, and has his own formidable phalanx of shotgun riders, but I think Sippnumps is running out of mates rapido. In fact have noticed a bit more of an attack on them on ii recently as well. Very pleasing>

bighappy
02/11/2005
11:38
As tiptornado and his pals appear to be giving this another run out on iii, I'll copy here a post of mine that may provide some food for thought:


I am reposting my earlier post that tiptornado has dismissed as pure opinion.

He has previously shown himself to be incapable of understanding the most basic of accounts(as when I demonstrated to him the likely financial destinies of two of his previous tips, FLG and ENT), so I find it odd that he feels qualified to comment on any post about the numbers in company reports.

Anyway, perhaps TT could share with us, which of the following he feels able to contradict:

davew - You said, "Maybe as the company had only been trading a matter of 3 months since floatation it could be said(by most reasonable people)that the first set of interims did not really demonstrate anything".

Firstly, I can't say I've seen many "reasonable people" on here.

e.g. tiptornado spent a long period trying to convince us that LFS had practically worldwide rights for Power Plate, which was of course a complete lie.
We regularly get US articles posted here, as though they are going to provide a UK sales uplift.
And not one of you appears aware of the difference between a company with wholly owned trading subsidiaries and an investment company like ADE. Posters here(esp. TT) regularly post that they are expecting good results. The company structure and reporting conventions for subsidiary undertakings and minority interests don't really support that view.

You are wrong about the interims not telling us anything. IMO, they tell us quite a lot, although I'm looking forward to the FY report as that has to disclose significantly more information.
For a start, the format of accounts allows us to separate the performances of LFS and fitbug individually from the performance of the holding company. Maybe, if you get a book on company reports, you will be able to do this and increase your understanding. I'll start you off with a figure for fitbug that you can't immediately see from looking at the interims, unless you know what to look for:
Fitbug Ltd. lost £356k(although ADE only hold 75% of it) during the reported period.
As it is not a public listed company, it seems reasonable to assume that its additional funding must come from its owners. Therefore, it is also reasonable to presume that ADE are providing 75% of the funding, or they would risk having their stake reduced. ADE have even told you in RNSs that they need to fund Fitbug. Did any of you even notice?
How much do you think Fitbug will need?

Was Digital Plantation reported as being lossmaking, upon acquisition?
How's that going to be funded?

LFS, as an equity investment, can only provide cash back to ADE if all of the following conditions are met:
1) they make a profit
2) they have sufficient legally distributable reserves
3) they don't need the funds to invest in growing the business.

If they are still losing money, guess where additional funding comes from....


Are you any closer to understanding why ADE needed to raise cash recently??

Hopefully, the above will at least give you a flavour of what the interims and a basic understanding of accounting for subsidiaries can tell you.>


Whilst ADE may indeed provide interest in the longer term, I really see little to look forward to within the boys' pump'n'dump timescales.....

Rgds
dell

All IMHO, DYOR etc

dell314
01/11/2005
18:44
sipp, If I read Tips thing right he was saying way back that you would almost certainly never again get in at below 3p. Hence my laugh when I found that post.

Take ADE and rest of his with pinch of salt. Your the guy who hunts JP arent you? Keep up good work if so.

bighappy
01/11/2005
15:14
bighapppy,

am i missing something here? ZAR is currently 1.2-1.4p?

sipptrader
31/10/2005
21:35
Tip is obviously a little too embarassed to show his face again methinks, or not. come on out to play you little teaser. isnt this one just about ready or did we stop your little game in its tracks?

come out, come out wherever you are and fess up to your history of buy, pump, dump. it is a long an glorious, if not entirely honourable one, but we luv ya!still.

bighappy
25/10/2005
14:01
hey Tip, you are welcome to let us know why your radar went so off course, and of course, why we should listen to any of your other bs? we are waiting avidly.
bighappy
25/10/2005
09:57
Tiptornado,

You are a complete and utter scam artist. I quote this post from you under a previous name on another board re ZAR. I love that bit about never get in under 3p. You couldnt make it up. But then again, you did.

Re: Re: Re: Re: Re: off topic / Ramco
ZAR.L
2
Smokey...

You say...
"I've done my own research here and weighing up the risks have set my entry point at 3p."

I say,
Get new batteries for your calculator...lol.. (Meant humourousley)... No, joking aside mate, I am not sure how many hours you have put into this, but honestly, you have two hopes of getting in at sub 3p, one of them is Bob Hope, and the other is No Hope.
Institutional placing at 3p oversubscribed by a factor of 3. Since then deals on the table etc etc... But hey, I shouldnt have to tell you this, youv'e done your own research...
My research actually tells me that at todays entry point of 4.25p, that is still damned good. Hey, I might be wrong, and it might even dip to sub 4p to buy, in which case if it does, then I consider that to be not a good entry point, but a damned fantastic entry point.

Only time will tell, and if it goes your way, then fair play... I will be begging you to tell me how you came up with that price.
If it goes my way, then hours and hours of hard work researching and doing the maths will have paid off, and one of us will have missed the proverbial boat... (and it isnt me)

Good luck with your other investments.

Cheers

Dave



Now what do you have to say Mr. Certainty? You need to recognise that you are well and truly rumled mate. Now crawl back where you belong

bighappy
18/10/2005
12:24
"The above piece explicitly states that the second manufacturing site is for the production of the medical version not, as you state, an additional site to cope with booming sales of existing products."

If they had spare capacity at the first manufacturing site, then they wouldnt need a second..... Easy really...

If you have a manufacturing site producing goods, and it is not at full capacity, and you have further products which are not dis-similar, what do you do?
Answer, you utilise the manufacturing facilities you already have.
But, they have chosen to open a second manufacturing facility.

Dell..... You are once again, ill informed.
3-4 months ago, you were all over Galleon (GON).. I was saying it was a sceaming good buy... You appeared all doom mangerish as usual...
Result = 3 months down the line it has increased MORE than 100%...

FOLLOW THE TIP...(LOL)... TO MAKE MONEY.

TT

tiptornado
17/10/2005
10:50
this one is for the future, someday, and it maybe today or next week or month it will be recognised and the share price will rocket northwards. the whole idea about investing in AIM stocks is to make money and to find niche shares that will suddenly take off. ADE is one of those and at some point wil do that.
memoeryman
17/10/2005
10:48
i ask myself why does dell bother, he likes to stalk certain posters, just seem some other guy complain about him on another board, ignore what dell says he is a serial deramper and has no idea how aim shares work, my guess is he is used to deal in mainstream stock that use fundamentals and not speculate on aim shares either way he has no idea.
memoeryman
15/10/2005
08:26
NOW, I KNOW A LOT OF DOOM MONGERS LIKE TO VISIT THIS STOCK (BECAUSE THEY LIKE STALKING ME).... BUT YOU HAVE TO ASK..... WHY ESTABLISH A "SECOND MANUFACTURING" SITE, IF SALES ARE NOT GOOD?
IN MY EXPERIENCE, WHEN A COMPANY ESTABLISHES A "SECOND" MANUFACTURING SITE, IT IS NORMALLY BECAUSE ONE SITE CAN NOT COPE WITH DEMAND!!!!


2005 - Medical certification
In 2005 Power-Plate starts developing the Power-Plate 'Medical'. The medical market requires different qualities and production features, and Power-Plate International establishes a second manufacturing site in Switzerland for the medically approved version.

Award winning system
In 2005 Power-Plate wins the 'Beauty Machine of the Year' Award at the International Beautyfair in Paris. The German Wellness Association presents Power-Plate with a 'Wellness Machine' certificate of quality. The Power-Plate is also awarded 'The Best Anti-Aging Machine in the Year 2005' Award.

Future Plans
Power-Plate will continue to develop its product technology, services, marketing strategies and academy systems. As we enlarge our scientific knowledge, the benefits will be passed on to Power-Plate users worldwide. Power-Plate will continue to contribute to the health, rehabilitation and well-being of its users, including those who choose to benefit from Power-Plate at home.

tiptornado
15/10/2005
08:19
PRESS COVERAGE THAT MAY HAVE BEEN MISSED.
LOOKS LIKE IT HAS BEEN APPEARING IN A LOT OF THE BETTER "GLOSSY'S"

News and Press Coverage

01.07.2005 Fabric Magazine
'Now even the busiest (or laziest) reader has no more excuses, because 10 minutes, three times a week could be all it takes to hone a toned new you", proclaims Fabric Magazine in its July issue.

01.07.2005 She Magazine
Power Plate appears in July's issue of She Magazine, whose article highlights the benefits of the Power Plate for sufferers of Osteoporosis and Multiple Sclerosis.


01.06.2005 Elle
Power-Plate is in the June edition of the world famous women's magazine, Elle


01.06.2005 London Insights
'If you find it hard to fit a work-out into your daily routine, the answer has arrived', proclaims London Insights magazine in its summer issue.


01.06.2005 New Woman
The June Issue of New Woman magazine features an article on the Power Plate, in which the machine has been tested and reviewed by the magazine's Sub-Editor, Rachael Sanderson.


01.05.2005 International Smarthouse
Power-Plate is featured in International Smarthouse magazine, within a section entitled 'All that's hot from the worlds of technology and design'.


01.04.2005 Boys Toys
In a feature in Boys Toys magazine, the Power Plate is decribed as 'sweaty, but cool'.


01.04.2005 T3 Magazine
T3 Magazine gives Power-Plate a full page feature in its 'Deluxe' section.


01.03.2005 Essentials
The Power-Plate is referred to as a 'miracle machine' in an article by Essentials Magazine.


01.02.2005 Arena
Power-Plate is given a full page feature in the fitness section of Arena Magazine.

01.02.2005 Ft How To Spend
Power-Plate is highly recommended by the Financial Times' How To Spend magazine.

01.02.2005 Omnia
Power-Plate appears in Omnia Magazine, the magazine for Harrods cardholders.


01.02.2005 Stuff Magazine
Power-Plate appears in the world famous Stuff Magazine as one of their top new 'fitness gadgets'.


01.01.2005 Harrods
Power-Plate is now available in the world's most famous store, Harrods.

tiptornado
14/10/2005
15:24
Will take a look...
However Man Utd is one name...
I have just added a few more "stars" to the list.... At least I think they are classed as stars.... :-)


Vibration Training has assisted many members of the public including a teacher from Bristol who lost 9 stone in 10 months and a former Police Officer who was told she would never walk again after being paralysed whilst investigating a burglary. She is now walking again with one stick and driving.

Barclay-Webb trains some of the UK's top sporting personalities and celebrities with his unique vibrational training programmes they include ex Fame Academy's Louise Griffiths (Jensen Button's Fiancee),Shirley Bassey, Ivana Trump, Terry Venables, Colin Montgomerie,Portsmouth Football Club, Les Ferdinand, Eamonn Holmes to name but a few.

tiptornado
14/10/2005
15:16
Old news, but interesting when you look at this figure.... and its 2 years out of date... "we are turning over £3.5m already."
And that is POWERPLATE SALES ALONE....

Financial Times

How to beat those cash flow and late payment blues
When Kevin Barclay-Webb went on a trip to the Netherlands last year he had no idea that it would result in a lucrative business venture. He discovered a manufacturer who was developing vibrating equipment based on a technique used for maintaining astronauts' muscles in space. The machines could condense an hour's exercise into just 15 minutes.

Convinced that the equipment would be popular in Britain, Barclay-Webb, 39, worked with the manufacturer to set up a small company called Power-Plates to sell the machines.

Having been a personal trainer to some of the nation's celebrities, Barclay-Webb was lucky to have a ready made customer base. Within a few months he had sold machines to clients, including the television presenters, Jonathan Ross and Gabby Logan and the football star Les Ferdinand. But the big break for his new business came when Fitness First, one of Britain's biggest health club chains heard about Power-Plates and ordered 55 machines. The deal was, however, marred by an unexpected yet crippling cash-flow crisis.

"I had to pay the manufacturer for the machines as soon as they were delivered," he says. "I needed £275,000 to tide me over before Fitness First paid me. I knew the bank wouldn't lend me the money. It very frustrating."

Then Barclay-Webb's manufacturer suggested he consider factoring as a possible solution. Buying a business's invoices in return for an immediate cash injection, factors are an increasingly seen as the answer to many funding complications.

Barclay-Webb contacted several factoring companies before choosing Venture Finance, the factoring arm of ABN Amro bank. Venture ran some checks on Barclay-Webb's business, including his business plan and credit controls, before agreeing to offer him some financing.

Under factoring agreements, the factor or lender normally advances about 80% of the value of the invoices and charges about 2% to 3% above the bank's base rate for the loan. The factor will then collect the debt from the client and forward the balance to the business. The factor will also charge a fee of 2% to 3% of the company's turnover.

Factoring is more expensive than traditional overdraft lending, but Barclay-Webb believes it is worth it. "Factoring is not just a one-off loan," he says "I can use it for all my big orders - so its much easier than having to go to the bank and negotiate a new overdraft each time. My business is now growing at its own rate and we are turning over £3.5m already."

Over the last decade, thousands of businesses have also decided that factoring is preferable to traditional funding options. Figures published last week by the Factors and Discounters Association (FDA) show the number of small and medium-sized businesses using factoring and invoice discounting grew by 10% last year to a record 33,500. Factoring has not always been so popular though. It has taken almost a decade to shake off the image of being the last stop before insolvency.

Some experts feel that clients are still slightly suspicious of a company that does not have the ability to collect its own debts. Confidential invoice discounting, whereby clients cannot tell that a factor is financing the debt because the business collects its own invoices has been devised as a way of combating this stigma.

Most business advisers are now happy to promote factoring as a potential funding tool, although it is not ideal for every business. Concerns are mounting that owner managers are turning to factoring without understanding the dangers.

Graeme Forbes of Grant Thornton says: "Factoring is ideal for companies that are growing very quickly. If not, it can get expensive. A vicious circle of debt can develop and it an be difficult to get out of the factoring agreement"

Theresa Graham of Baker Tilly agrees; "Factoring is not a quick-fix solution for troubled companies - it's not cost effective", she says. "Also it's unsuitable for businesses in some sectors, such as retailing or those with contracts". Factoring can, however offer a business exceptional opportunities for growth and efficiency.

Graham says: "By linking finance to sales, factoring frees up and smooths cash flow and allows businesses to grow unhindered" This type of flexible borrowing facility is unique to factoring. Once set up, managers can borrow against sales they make receiving the money within days rather than waiting until customers pay. More stock can, be bought immediately and other expansion plans pursued.

some factors also allow businesses to borrow additional funds, using their assets as collateral so managers should shop around to find the factor that best suits their business. But factors offer more than just cash. "Managers in effect outsource their credit-control and sales ledger management to the factor, which gives them more time to concentrate on running the business." says Tony Cox, FDA chairman. "Factors also remove the insecurity that late payment problems create."

Peter Prado of Phoenix Distribution, a Kent FIT that distributes soft toys in Europe uses Fortis Bank's factoring arm. Fortis has branches all over Europe and so it does the credit checks on all our customers there and chases our bills", he says "It would take us ages to do this ourselves. Instead we've had the time to expand into new countries."

Since most of the big factors are subsidiaries of big banks, they can endorse a business's reputation. It is not what factoring costs that is important but what it creates," says Barclay-Webb "And that is allowing me to expand my business very quickly."

FACTORING TIPS

Seek independent advice to ascertain whether factoring or invoice discounting is for you.
Always check the figures to see if it is cost-effective
Factor services vary, so shop around to find a factor that will suit your particular business needs.

tiptornado
14/10/2005
14:34
tiptornado - please accept my sincere apologies if your friend is indeed a real person. It's just that I'm not used to you telling the truth on bulletin boards.

Best regards,
dell

dell314
14/10/2005
14:30
I dont use advfn much...

How do i contact the moderators? or find a posters contact details?

tiptornado
14/10/2005
14:27
You can take that back straight away you tw4t....

Imaginary friend my 4rse...

I will give you my telephone number, and meet you.

You are a tw4t of the highest degree, and if you knew what that poor sod had been through you would not make such a post...
Yes you have wound me right up now..
Attack me all you want, but make comments about my mate like that, and i will hunt you down.

The device you mention isnt endorsed by Royal National Orthopaedic Hospital and at the ASPIRE gym, which specializes in spinal injuries.

Can anyone tell me if its possible to track dell down from here?
I am spitting nails....

tiptornado
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