||EPS - Basic
||Market Cap (m)
|Oil & Gas Producers
Real-Time news about Atlas Dev (London Stock Exchange): 0 recent articles
|hope67: Incase its gone un-noticed more news to come.
Share Price Movement
Atlas Development (AIM, NSE: ADSS) the Kenyan headquartered, African focussed support services and logistics company, notes the movement in the Company's share price.
As noted in the Company's interim results announcement on 17 September 2015, in light of the current state of the oil and gas market, the Company continues to implement initiatives aimed at further diversifying the Company's offering and identifying new sectors of operation. In particular the Company is targeting increased workflow arising from potash development in Ethiopia.
Further announcements will be made, if appropriate, in due course.|
|tees maar khan: The appreciation in today's share price has certainly exceeded my expectations.
|5baggersrus: 100% bullish compared to a normal share price movement speeding ticket...|
|petersmith3: PPG – Plutus Powergen the easy next 10 bagger!!!!!
The chairman of PPG said that each 20MW site would generate about £1.6m - £1.7m in revenue. EBITDA given as £1.25m - £1.5m.
10 sites on that basis = £16-£17m revenue with EBITDA of £12.5 - £15m.
Therefore possibly £3m-£4m conservatively annual profits depending on the ultimate revenue split ?.
On a p/e of 15 that's £45-£60m m/cap or 8p - 10.5p/share.
Given that's it's growing, his further comments were - 'really smash the 3 year target for 10 sites' and they have already 1 year behind them.
If those targets are smashed and as they do have 500MW of sites in the pipeline - on the same p/e the share price could see 20 - 27p.
We do know that they plan to own some sites outright at 100% which again would improve the margins significantly.
Ultimately also what do they do with that profit and they could expand into other avenues - was there not talk of this in some other countries ?
Called it a compelling investment, fully funded and no further dilution to the shareholder base.
571.43m shares in issue and 49.5% held by management/Paternoster (Charles Tatnall himself having 9.71%).
Chelverton Growth Trust PLC was accumulating and just 7 weeks ago had increased to 33.33m shares or 5.83%.
Free float will reduce all the time and one thing to remember with no more placings it could become difficult to trade in/out and regain your holding.|
|usmcgs: From Lse:
Atlas Developments (Previously UTR) - By Cam Kite
Current Share price 3.10p to buy
CFEP have a broker target of 14p
Last fundraising in December 2014 was at 8.10p a 120% premium on today’s buy price.
Major shareholders stand at about 50% of the 433,063,193 shares in issue.
Last 12 months has shown considerable growth for the company… With management focusing on streamlining the business hoping to be the biggest and best turn-key operator on the continent.
2014 was an extremely important and positive transitional stage for the company due to the acquisition of 2 new businesses which compliment ADSS’s already existent contracts, clientbase and position… these companies we’re acquired in the last Quarter of 2014 however revenue’s for the 2014 period grew 95% from $23m in 2013 to $40m in 2014 and showed a profit of $4.8m instead of a loss of $3.7m.
Cash position currently is around c£7.5m with a mcap at c£13m currently.. The company is now well positioned for huge growth year on year due to new contracts and businesses being added at an extremely healthy rate to the already existent diverse portfolio across the African continent.
The company offers turn-key support services including workforce accommodation, facilities management, medical infrastructure, and logistical support basically a one stop shop for all mining needs from building roads to supplying security guards… ADSS is based currently within 6 countries in Africa with the Mission of the company to be the biggest turn-key support services provider in the continent.
As said over the previous period the company has begun to implement its buy and build strategy utilising already existing companies and contacts to enhance the future growth of Atlas going forward… The company acquired 2 healthy entities Ardan Logistics Kenya and Ardan Risk & Support Services (excluding Atlas) demonstrating increased revenue to US$40m from US$23m in 2013 and profit after tax of US$4.8m for 2014 compared to a loss of US$3.7m in 2013.
As you can see the kind of growth that ADSS seems to be offering shareholders is extremely positive with extremely strong, in all the acquisitions which will only strengthen and stabilise both the strategy and already existing strong balance sheet.
In the last 6 months the company has secured 2 new contracts and expanded into 2 new jurisdictions in the african continent.. which with statements like the one below taken from the chairman’s statement in the most recent results:
“We are now poised to take advantage of new large-scale contracts to provide complementary offerings across new industry sectors and additional geographies. We currently have a number of tenders out; which have the potential of transforming our long term visible revenues.”
Over the last 6 trading days we have seen some monumental volume on the company with over 1 years worth of stock trading hands… it has over that time become pretty apparent that a seller has been selling down their stock aggressively … obviously due to the kind of volumes we have been looking at there really is only one it could be, our biggest holder… but with all that said and volumes nearing 80m over the period the seller will be nearing the end of their dumping exercise leaving shares ripe for a bounce back as the eagle eyed pickers jump back in or top up.
With the seller offering investors an opening into the company at over 60% discount to the last placing price, nothing but positive news-flow since then and a strong balance sheet coupled with extremely strong growth… This is without doubt a stonking buy from these levels, a company that if held with a slightly longer view 6-12 months could show considerable upside, and if the rate of growth continues at this rate current market cap will be laughable.|
|21trader: It was 3.2p bid at the start of the day so there should be some strength
now it's back at this level.
Posting false deals does not actually improve a share price just prolongs the
wait for the real rise shame the moron does not understand that.|
|reks: ADSS I may buy if the company explains the share price fall otherwise I am short all the way|
|reks: share price 9p to under 3p
any responsible company would have released a statement for the reason for drop not leave shareholders hanging.|
|bones30: BB, the point is, "IF" the business is good. But my gut is saying things not great but the share price has overshot considerably.|
|mostyn: It will move up again when the day traders and other short term traders are out. If you look at the share price history it's a couple of large sellers that have pushed the price down over the last few months. The market cap was much higher when the business itself was much less developed.|
Atlas Dev share price data is direct from the London Stock Exchange