Adams Share Discussion Threads

[truffle] 05/10/2021 10:48

Not sure why this company is quoted on the market.

If it is controlled as to about 90% by Messrs. Griffiths and Richards then the balance of the very small free float serves no real purpose.

[skyship] 03/2/2021 09:27

Resist the temptation to follow into ADA on the current rise to 8p.

The rise may well be because of the great performance of their recently acquired holding in C4XD, which gives them a carried paper profit of c£1million.

However - look under the bonnet at their other holdings and their performance since the 30th Sept'20 Interims:

# CIR - largest holding - N/C
# DNL - N/C
# DDDD - Down 30%
# TALK - Up 20%
# GFM - Up 130% - but represents a value increase of just £170k
# SBI - Up 50% - but represents a value increase of just £70k

At 8p the MCap = £6.6m - not the £3.3m shown on the Quote page! There are 82.55m shares in issue. My estimated current NAV of £5m = 6.0p/share

Don't pay a premium for an investment company - especially one controlled as to 77.3% by Richard Griffiths.

Perhaps consider a similarly sized investment company on a 40%+ discount & with a current MCap of £5.5m. PRIM @ 4p is backed by 3.5p in cash and another 3.5p in a portfolio of unlisted investments. Looks like a better bet. I declare a holding.

[scepticalinvestor] 26/11/2020 07:56

Interesting

[glavey] 17/6/2020 05:08

Dave, Seems odd (impetuous) someone would do that - if those were single trades they were significantly larger than other prints and way over NMS.

[dave4545] 16/6/2020 20:25

Hi Glavey

I'm sure mm's are just making up trades.

But on the crazy day somebody bought 60755 at 44.7p it was delayed one day, amongst the tiny trades was a 69 trade at 43.5p, combined they come to 60824, the next day 60824 was sold for 16.6p

[glavey] 16/6/2020 19:45

"One burk bought over 60k over 43p and sold them for under 17p"

Has someone admitted so? Just wondering.

[bozzy_s] 16/6/2020 16:28

Fools and their money.

Not even the P&Ders made anything on this.

Shocking that the same names (probably one person) are allowed to continue posting. Hasn't he been prosecuted yet?

[dave4545] 16/6/2020 10:03

Probably the worst spread where I have seen demand in 20 years.

One burk bought over 60k over 43p and sold them for under 17p

£15000 loss on a £26k punt

[glavey] 12/6/2020 10:57

Heads up.
Spread seems to have narrowed today.

[dave4545] 11/6/2020 09:38

40k buy at 38p and it's 16.25p bid

lol

Amazing

[glavey] 11/6/2020 00:30

Just noticed that they have revamped the website and it's now rather tidy. There's even a KID. Worth remembering this was 9p at the mid before C19 came.

[optmist] 10/6/2020 19:46

Beware dave45 biggest pumper dumper BAGR & MTPH impaled many peeps

[tidy 2] 10/6/2020 12:23

Buy at 48 and sell at 16. Ouch what a crock

[mick1909] 10/6/2020 11:35

Avoid like covid with this one that spread is huge

[letmepass] 10/6/2020 10:52

You mean MTPH.. Busted

[dave4545] 10/6/2020 10:46

You must be the most arrogant pump and dumper on here !

Have you seen FJET ..I could not ramp a stock that I know is bust !

Back to filter

[letmepass] 10/6/2020 10:39

Ps dave I don't see anyone really ramping it here. No buys or sells for a while you toothless shti

[letmepass] 10/6/2020 10:37

That's mm for you.