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AVA Avanti Cap.

6.50
0.00 (0.00%)
Last Updated: 00:00:00
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Avanti Cap. LSE:AVA London Ordinary Share GB0033869347 ORD 1P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 6.50 - 0.00 00:00:00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
0 0 N/A 0

Avanti Capital Share Discussion Threads

Showing 826 to 841 of 1150 messages
Chat Pages: Latest  34  33  32  31  30  29  28  27  26  25  24  23  Older
DateSubjectAuthorDiscuss
11/3/2010
12:36
I bought some.

interims:

hugepants
10/3/2010
23:29
March 11, 2010
David Wighton: Business Editor's commentary
Reliable sources: Avanti Capital's Eclectic mix

Two of Britain's top nightclub groups are about to report widely differing fortunes. Luminar, the Oceana and Liquid operator, will tomorrow unveil a grisly decline in recent like-for-like sales. But the word is that Eclectic Clubs & Bars, controlled by Avanti Capital, the AIM-listed investment firm, will report strong trading over the new year and deliver a bullish outlook for the next six months. The niche operator has seven Po Na Na outlets, two FezClubs, two venues trading as Sakura, plus Embargo, in Chelsea. It seems that the Chelsea clubbing crowd is sailing through the recession.

adam
22/2/2010
13:06
The appointment of Jim Fallon might imply the little pigy is going to be fattened up for market or some M&A activity. Certainly our two little piggies have had their snouts in the trough long enough and might want an exit too.

What's it worth?

They quote site EBITDA (£2.9m) as central costs are proportionately higher for a smaller number of bars, so clearly the right merger could benefit the bottom line. I think a low multiple of site EBITDA given the self evident risks would be appropriate.

Worth noting that Sakura seems to be going quite well and they are rolling it out themselves.

This implies trading continues to defy the terrible industry backdrop.

That £7m could prove to be conservative, but seeing as it alone would account for a premium to the share price it is somewhat moot. The po na na brand now has been though a couple of shakeouts and seems to be quite robust or at least more so than some other players. On balance I think it is a fair book value given the self evident risks that Eclectic might, despite excellent management, run into trouble.

The real excitement though will be mBlox I hope.

adam
22/2/2010
11:53
adam
what do you think about the valuation of Eclectic. Its valued at around £7.7M but posted a pretax profit of only £490,000. Are there any exceptionals included in Eclectic's P/L statement.

hugepants
15/2/2010
13:34
Notable that revenues did not increase as much as volume, which implies a deflationary environment.



Might be worth watching Motricity too as it has filed S-1. Not as good a business as mBlox, so if able to sell $250m worth of stock (not even new shares just insiders selling) then should bode well. I suspect IPO has been pulled due to market conditions.

If Motricity worth say $500m (assuming insiders selling only account for 50% - a wild guess) then mblox worth a premium to that as more turnover, profitable and generally seems to be regarded as a better business. Would imply Avanti holding worth north of 7.7% of $500m or $38m which is nearly £3ukp / AVA share. AVA tax losses should then show their worth. We can dream!

adam
11/9/2009
16:10
It makes some people a lot of money.
arthur_lame_stocks
11/9/2009
15:19
It loses money.
jeffian
11/9/2009
13:55
had this shares for years now and i dont have a clue/forgotten what the company does will have to research!
estonia
18/5/2009
14:58
The results said as much, it is ahead of management's forecast and profitable. The bars are frequented by students who appear more resilient than 'normal' working people.
errollc
18/5/2009
09:56
What makes you think "the Bar business is going well"? With the possible exception of Wetherspoons, nobody else's bar business seems to be!
jeffian
18/5/2009
09:39
This one looks oversold....I gather the Bar business is going well, as are the other major investments. This one might be an MBO imo but at a higher price.
errollc
14/11/2008
11:04
I've just seen the revised 'Investment Management Agreement'. LOL! I wonder if they've knocked out the bar investment to get to their revised NAV target.

Regent Inns reported today. L-for-L sales down 13% and the 'trend continuing'. Aaaargh!

jeffian
12/11/2008
14:29
Some shareholders have done very nicely out of it and continue to do so.
arthur_lame_stocks
12/11/2008
09:53
Having seen the results from the likes of Luminar and the pub/bar industry generally, it's very hard to believe that the Bars side of AVA is anything but a disaster (as it has been from the beginning). They really should have bitten the bullet and got shot of it years ago but it now sits in their balance sheet like a time bomb waiting to go off.


"Moving strongly forward"? Huh! This lot have done nothing but destroy shareholder value for years and I fear they ain't finished yet!

Regards, Ian

jeffian
27/8/2008
12:28
I can't for the life of me undersrtand why they bothered with PoNaNa after it went wrong except that it must be down to pride.

It's cost the group something like £10m in cash and yet was supposed to be a short term investment. They'll be lucky if they ever get anything for it, let alone get their money back.

arthur_lame_stocks
07/8/2008
09:44
Of interest might be that WNN (similar sector as mBlox) has received an approach.
Anyone know who the suitor might be if not mBlox themselves?

adam
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