Adept Technology Share Discussion Threads

[wiganer] 30/4/2007 08:45

In for a few.

[wiganer] 30/4/2007 08:44

Bought a few this morning.

Despite my username I don't have access to privileged info either- just looks a great recovery play.

[ok,yah] 30/4/2007 08:43

From an all time low share price we get this

Trading Update



AdEPT a leading independent provider of telecommunications services for landline
calls, line rental, and broadband, announces a trading update post its financial
year end on 31 March 2007.


For the 12 months to 31 March 2007, the Company expects total revenues and
EBITDA to be ahead of expectations and Profits before Tax to be well ahead.


AdEPT remains in a good position to continue to act as a consolidator of the
highly fragmented fixed line reseller market, which is estimated to contain
almost 1,000 small service providers. There therefore remains considerable scope
for AdEPT to grow organically and through acquisition, and the current pipeline
of acquisitions remains strong. The Company continues to target fixed line
resellers as well as opportunities in the broadband and mobile space.


During 2006, the telecommunications sector experienced a period of increased
competition particularly as a result of free broadband offers and packaging of
fixed line with mobile. AdEPT has responded with the launch of a national
business grade broadband offering with speeds of up to 8mb (or in some cases up
to 24mb dependent on network availability).


The market environment has improved from last year and this, together with a
greater focus on customer service has led to a decrease in the level of customer
churn. From August to March customer churn has reduced by 1/3.


AdEPT looks forward to further updating the market at the time of preliminary
results for the year ended 31 March 2007, in early July 2007.


Roger Wilson, Chairman of AdEPT, said, "Our product offering is broadening from
our core focus on fixed line with our successful broadband offer and we are
looking at opportunities in the mobile sector. Discussions are continuing with a
number of potential acquisition targets which we believe could be successfully
incorporated within the AdEPT business model and generate significant
shareholder value. Taken together AdEPT is in a good position to continue to
expand."

[billbyrne] 30/4/2007 08:29

Moving up with almost every buy.

I like the bit about the profits.

For the 12 months to 31 March 2007, the Company expects total revenues and
EBITDA to be ahead of expectations and Profits before Tax to be well ahead

[olivercromwell] 30/4/2007 08:16

been watching quite intently since last year. My brother knows Ian Fishwick very well along with Chris, his brother and from what I hear the company is trading quite briskly. The Fishwicks are all from Wigan so how could they possibly not succeed!

Thats a lovely little turny-uppy there on that chart

Wanna see the full figures though..no access to privilege info.

OliverC

[ok,yah] 30/4/2007 08:10

Results ahed of expectations! Market was expecting profit warning expect fireworks!!!

[ok,yah] 30/4/2007 08:10

Results ahed of expectations! Market was expecting profit warning expect fireworks!!!

[billbyrne] 30/4/2007 08:10

Nice trading update. Bought in this morning.
They look to have turned it around.

[oregano] 03/4/2007 16:04

broker forecast for this year 6.6p of EPS, so on 5.75x, appears cheap. But after 3.6p of EPS in H1, it implies only 3p in H2, ie the business is contracting. Which is pretty poor given the acquisitions made. It should at least be growing. Forecast next year is for flat EPS. MAybe the numbers are low to allow beating, but given the warning in November, i think i will sit on the sidelines.

[robleetoon] 30/3/2007 16:26

Been a bit of activity here today for a change,hope there is some news soon.

Still hanging on in for the moment.

[dubbsie] 28/3/2007 12:46

Bargain at this price IMHO

[ashleighp] 28/3/2007 10:15

I think mainly lack of news.

But I don't think Ofcom reducing mobile termination charges will help their cause:



That may be a factor too - but i'm guessing.

[latifs100] 28/3/2007 09:54

at 40p.. any takers, hold from 65p.. any ideas for the fall..lack of news?

[wiganer] 13/2/2007 12:12

I do think ADT is a reasonable play at this level, and am considering a punt.

[olivercromwell] 13/2/2007 12:11

i here both fishwicks (chris and Ian) are still holding and see a bright future..apparently

oliverc

[dubbsie] 13/2/2007 12:02

Was showing as "O" trade on here, see from iii that was actually "X". Thanks Wiganer.

[wiganer] 13/2/2007 11:43

Because it was a Cross Trade.

[dubbsie] 13/2/2007 11:39

How does a buy of 375,000 not move the price?

[dubbsie] 11/1/2007 12:06

AdEPT Telecom says has strong acquisition pipeline; H1 pretax profit up 52 pct


LONDON (AFX) - Fixed line telecom services provider AdEPT Telecom PLC said
it has a strong pipeline of earnings enhancing potential acquisitions in place
as it reported a 52 pct rise in first half pretax profit.
The company reported a first half pretax profit 0.418 mln stg compared with
0.275 mln a year earlier, with turnover increasing 97 pct to 9.47 mln stg.
AdEPT said it is well positioned to generate solid shareholder returns over
the medium to long term as it expands its product range to include broadband.
The company said it is working with a major network supplier to launch a
combined voice and broadband product into the small and medium enterprises
market.

[dubbsie] 15/12/2006 16:08

Think you might be wrong Oregano!

[oregano] 15/12/2006 15:24

not yet cheap enough to buy, so it will probably carry on falling. the company has pumped out the most positive interpretation of a poor situation. someone sold a slug a few weeks ago at 40p, they may have more to sell and that's all they could get for them, so it represents a reasonable target.

[dubbsie] 15/12/2006 13:59

No where near dead. Read the results.

[robleetoon] 15/12/2006 13:20

Is this dead in the water or is there any chance of a recovery.I dont know whether to take a loss or hang on in.
Any opinions out there.