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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 |
Date | Subject | Author | Discuss |
---|---|---|---|
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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