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AD4 Adept4 Plc

2.05
0.00 (0.00%)
26 Apr 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Stock Type
Adept4 Plc AD4 London Ordinary Share
  Price Change Price Change % Share Price Last Trade
0.00 0.00% 2.05 01:00:00
Open Price Low Price High Price Close Price Previous Close
2.05 2.05
more quote information »

Adept4 AD4 Dividends History

No dividends issued between 27 Apr 2014 and 27 Apr 2024

Top Dividend Posts

Top Posts
Posted at 21/11/2019 16:58 by moneymunch
Looks like he averaged down to give him his dues...On and UP...Tick Tock...:-)

acuransx - 31 Oct 2019 - 11:29:30 - 845 of 1035AD4 I SHOULD COCO!! - AD4

Ive sold all my dodgy flop shares and plunged them all into ad4...hoping for a good 10p from my 1.4...
Posted at 19/11/2019 12:20 by moneymunch
Adept4 Share News (AD4)


adept4 plc Extension of Audit Partner Tenure
19/11/2019 12:18pm
UK Regulatory (RNS & others)

Adept4 (LSE:AD4)
Intraday Stock Chart

Today : Tuesday 19 November 2019
Click Here for more Adept4 Charts.

TIDMAD4

RNS Number : 9302T

adept4 plc

19 November 2019

19 November 2019

Adept4 plc

("Adept4", or the "Group")

Extension of audit partner's tenure

Andrew Bond of Nexia Smith & Williamson has acted as Senior Statutory Auditor of Adept4, the AIM listed provider of 'IT as a Service', for a period of five years, his tenure commencing in the financial year ended 30 September 2014.

The Group's Audit Committee informs Adept4 shareholders that it has sought, and received, the approval of Nexia Smith & Williamson to extend Mr Bond's tenure for one year beyond the five years normally permitted by the Financial Reporting Council's Ethical Standard ("the Ethical Standard"). This extension has been granted in the interests of maintaining audit quality and continuity following the acquisition of CloudCoCo Limited on 21 October 2019. This extension is permitted under the Ethical Standard and will enable Mr Bond to sign the auditor's report on the financial statements for the year ended 30 September 2019.
Posted at 27/10/2019 22:16 by chimers
AD4 were in dispute with a customer ok.

AD4 stated they were taking legal action for money they believe they were or are owed.

Someone told me (AD4) that this was worth £2m in their opinion to AD4.

Now maybe it has been dropped or maybe it has been sorted out with the customer.
Or, it could still be ongoing.

Thats all I know on that one.
Posted at 27/10/2019 17:26 by chimers
Ocado has a mkt cap of around £9.3 Billion since its inception it has made less profit than AD4.
Ocado has yet to make a clear 1 penny operating profit net.
AD4 has made a lot more than that.
Perhaps we should value AD4 using Ocado as our guide yes?
Posted at 24/10/2019 09:57 by chimers
Microsoft are NOT customers or clients of AD4 nor are Virgin or Samsung etc.
Quite the opposite in fact.
IT companies use the services of Microsoft etc.
AD4 is just a re seller of Giacom services.
You could do it in a day.
Contact Giacom tell them your setting up a company to sell their services and they will oblige.
Thats what AD4 IS.

CC have ZERO major clients/customers

These 2 "massive contracts" are not very massive you will find.
Not in the terms you lot think they will be.
Posted at 23/10/2019 11:44 by chimers
AD4 is on the right road to recovery there is no doubt.

IDE is also well on the way to recovery, its just a much bigger company doing much bigger deals.
The 2 companies are not in competition, AD4 cant do 1 tenth of what IDE do.

But AD4 has its sector in which it should do well espc with the new team onboard.
Posted at 22/10/2019 13:11 by moneymunch
Lol ...the 218m shares were admitted today, but are locked in for 12 months and so not one can be sold until the 12 months are up...the AD4 shares in the market are still trading as AD4, and so let's wait for AD4 to be re-listed as CLCO along with discloure of material news etc....CLCO will be valued accordingly and so every chance of a significant re-rate on today's bargain low share price ...Combined sales revenues for the group should easily be more than £12m imho and along with new business and development plans etc for this debt free enterprise, CLCO's value could be substantial. Gla holders....CLCO's listing coming soon!!! ;-)
Posted at 03/10/2019 09:29 by stoneme
That's the point here.AD4 agreed a valuation for Cloud Co Co at c . 2m. When you acquire a non listed business from a listed business you value it, then convert that value in to shares.The fact the share price rose 3 times before the deal was completed means the volume of shares could have been adjusted down. I guess they didn't because they know without the deal, AD4 were not in a good place, and Cloud CoCo are the value item in the deal.I sold on the news yesterday FWIW. I am not deramping this just offering opinion on valuations.Assuming the valuation at 2m was about right, it also valued AD4 at c. 2m. The million dollar question is whether value is created from 1 + 1. Normally that value would be expected to be for the benefit of existing shareholders. But let's be entirely honest here, this is a reverse take over with Cloud CoCo reversing in to an already listed vehicle.Looking at the two companies, it makes sense for both. Investors in AD4 are now investors in Cloud CoCo.IMO AD4 has only nominal value.I hear Cloud CoCo has exciting deals to be announced. Are we serious about this? As a shareholder, how can I say whether 218m shares buying Cloud CoCo is good value without disclosure? Due diligence would have been done both ways. No doubt very light touch as neither are big companies.Personally think it is ludicrous that some on here see more than 1+ 1 = 4 (IE 2m + 2m = 8m, with 2m being the original valuation. That's a share price of 2p.If Cloud CoCo were really worth 6m, why would they have agreed to being acquired for 218m shares at 1p?Happy to be challenged here. .
Posted at 27/9/2019 06:37 by moneymunch
4p plus and more will go in a blink on the next Rns, expected imminently, confirming formal approval on Cloudcoco's acquisition from the Panel of Mergers and Take overs and a date for the GM for shareholders approval.

The acquisition of Cloudcoco will be a complete game changer and transformational for AD4 and all invested, and will very likely result in a name change for the company from AD4 to Cloudcoco imho.

Cloudcoco have recently described themselves as the "UK's fastest growing IT Company" and AD4 stated "Though only recently established, CloudCoCo is already trading profitably and has a strong and growing pipeline." ....Cloudcoco also announced in April on twitter.... "Cloudcoco April 2019...Our first year has seen us secure close to £4million of contracts with over 30 new customers. #Proud of my amazing team as this is all from a standing start."

( can you imagine the upside value on a newly listed AIM small cap announcing 30 new contracts to the value of £4m in their first year )

Additionally, Cloudcoco also announced last month that they are one of 29 suppliers chosen for the "fast track" share of the £400m UK's Public Sector DataCenter framework programme, which alone equates to a potential £14m and no doubt will offer many more business contract opportunities as a result.

At the same time, Cloudcoco also announced.... "We've also news coming in the coming weeks about two new very large and exciting new clients we've signed."


No doubt these two new client contracts will be announced following acquisition deal completion, and so potentially could add considerable upside and value.

MXC ( AD4's Major shareholder ) has agreed to buy £5m of Adept4 unsecured loan notes for a discounted price of £3.5m from The British Growth Fund on completion of the Cloudcoco acquisition. This is the only debt Adept4 has. The fact that MXC will now own the loan notes, which are due to mature between 2021 and 2023, is a positive move as it removes the financial risk that was subduing Adept's share price.

There will only be 12.6% shares in free float on deal completion, 57m shares only from the new enlarged share capital with the rest firmly held by Directors, Major shareholders and CloudCoCo.

The potential UPside and new market value on a debt free enterprise, with their plan to drive growth from both Adept4's existing customer base and CloudCoCo's own customers and pipeline, could be considerable and undoubtedly the current bargain low share price offers a tremendous opportunity for significant returns imho....Gla Holders....Excitement building!!! ;-)
Posted at 27/9/2019 06:37 by moneymunch
4p plus and more will go in a blink on the next Rns, expected imminently, confirming formal approval on Cloudcoco's acquisition from the Panel of Mergers and Take overs and a date for the GM for shareholders approval.

The acquisition of Cloudcoco will be a complete game changer and transformational for AD4 and all invested, and will very likely result in a name change for the company from AD4 to Cloudcoco imho.

Cloudcoco have recently described themselves as the "UK's fastest growing IT Company" and AD4 stated "Though only recently established, CloudCoCo is already trading profitably and has a strong and growing pipeline." ....Cloudcoco also announced in April on twitter.... "Cloudcoco April 2019...Our first year has seen us secure close to £4million of contracts with over 30 new customers. #Proud of my amazing team as this is all from a standing start."

( can you imagine the upside value on a newly listed AIM small cap announcing 30 new contracts to the value of £4m in their first year )

Cloudcoco also announced last month that they are one of 29 suppliers chosen for the "fast track" share of the £400m UK's Public Sector DataCenter framework programme, which alone equates to a potential £14m and no doubt will offer many more business contract opportunities as a result.

At the same time, Cloudcoco also announced.... "We've also news coming in the coming weeks about two new very large and exciting new clients we've signed."


No doubt these two new client contracts will be announced following acquisition deal completion, and so potentially could add considerable upside and value.

MXC ( AD4's Major shareholder ) has agreed to buy £5m of Adept4 unsecured loan notes for a discounted price of £3.5m from The British Growth Fund on completion of the Cloudcoco acquisition. This is the only debt Adept4 has. The fact that MXC will now own the loan notes, which are due to mature between 2021 and 2023, is a positive move as it removes the financial risk that was subduing Adept's share price.

There will only be 12.6% shares in free float on deal completion, 57m shares only from the new enlarged share capital with the rest firmly held by Directors, Major shareholders and CloudCoCo.

The potential UPside and new market value on a debt free enterprise, with their plan to drive growth from both Adept4's existing customer base and CloudCoCo's own customers and pipeline, could be considerable and undoubtedly the current bargain low share price offers a tremendous opportunity for significant returns imho....Gla Holders....Excitement building!!! ;-)

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