Adept4 Share Discussion Threads

[chimers] 20/6/2017 12:02

Whats the priks philosophy there one wonders...............let me guess............

FUKEM!!!! ?

[chimers] 20/6/2017 12:01

.......@glassceiling lols

[chimers] 20/6/2017 11:59

Yeah I won that one last year..........................zzzzzzzzzzzzzzzzzzzz

[freddie01] 20/6/2017 11:55

Liverpool Echo Regional Business Awards Finalist 2017


Adept4 is just one of just three businesses selected as finalists for the “Knowledge Business of the Year 2017” award in the Regional Business Awards (RBA) 2017 which aims to recognise individuals and businesses who have driven production and innovation and contributed to the economic and employment landscape throughout the region.

Ian Winn, Finance Director and COO at Adept4 said: “As a reseller of other company’s products and a provider of managed service we need to demonstrate that we are different and can add value, we do this through harnessing the many years’ knowledge and knowhow we have acquired in our chosen technologies. Our approach ensures that the customer gets exactly the amount of IT technology and support they need on a pay as you go basis. For us, the goal is about securing long term mutually beneficial business relationships not short term product/consultancy sales. We have been particularly quick to wrap together a series of IT discovery tools which allow us to perform a “Cloud Readiness Assessment” which helps us assess areas of efficiency and improvement within our customers’ infrastructures and from which we have had a number of successes in moving them into Microsoft’s Azure public cloud. I think it’s this ability to tailor our services to the customer and wrap extra value around that which has led to us being shortlisted in the Knowledge Business category. We are small enough to care and big enough to cope.”

Ian continued: “In merging together three businesses in the Summer of 2016 we haven’t lost sight of a philosophy that if you invest in the people they’ll invest in you. The merger brought together over 100 people into one organisation, with an average staff tenure of 5 years and ten percent of the workforce having been with the business over 10 years and with a combined trading track record of over 50 years. We want to continue to invest in local people and, given the larger scale our business now provides, believe we can foster talent and create the kind of environment where one of our six apprentices can one day become the MD of the business.”

The final decision will be made at the The Liverpool Echo Regional Business Awards ceremony at St George’s Hall, Liverpool on Thursday 22nd June. More details here: hxxp://www.eventsnorthwest.co.uk/regional-business-awards/

[chimers] 20/6/2017 10:43

Results due next week.

[chimers] 20/6/2017 09:56

Only way is up innit?

[chimers] 09/5/2017 08:40

LOL 28th of March = share price 4.72p
I buy.

31st March share price = 5.72p

Go figure.
Its as if..............

[denizen] 09/5/2017 08:36

Chimers 30 Mar '17 - 08:58 - 92 of 98 1 1

Prps you will then be able to afford a keyboard with a caps lock light ?

This is a buy , by the by.

................

Now it is at 5p ..... another great buy by the serial loser Chimers

[chimers] 21/4/2017 15:52

Aharrrrrrrr!!

[twodegrees] 30/3/2017 13:19

another nice buy

[freddie01] 30/3/2017 09:16

Lets hope so Chimers.

[chimers] 30/3/2017 09:07

This Duck has quacked.

[twodegrees] 30/3/2017 09:07

Chimers agree this is a buy. Looking forward to half year figures to see if synergies are growing. Oh PS Cap lock sorted.

[freddie01] 30/3/2017 09:03

Good morning twodegrees. I've also been a holder for a very long time but still underwater with my holding by quite some distance.
I do believe we're finally on the right track but it's going to take an age for me to break even.

[chimers] 30/3/2017 08:58

Prps you will then be able to afford a keyboard with a caps lock light ?

[twodegrees] 29/3/2017 20:20

freddie01, been with pinnacle and what is was before that. I think the synergy of pinnacle and what happened when they merged will turn out for the better but long term.

1msi the last results are not a good indicator for going forward as losses were wiped out and the synergies of the business had not had time to bed in, call me disillusioned if you want, but I think this will turn out good over the long term , having been here for over 5 years, I hope one day to break even.

[1msi] 29/3/2017 17:56

This share seems to rise and fall on nothing. The last set of results included losses from the now sold off pinnacle business and only 8 months from ancarb /Weston and 4 months of adept4 Ltd. I would expect we will see something a bit more reflective of where the company are when we see the October to March results. A bit of volume and sentiment and I think this will rise back from this price quite quickly to around 7 to 10p

[freddie01] 29/3/2017 16:29

I'm still here and there's been another 200,000 buy today.

[twodegrees] 29/3/2017 14:58

The 300,000 director buy reported after close yesterday seems to have caused this to wake up.
Any body else holding here.

[freddie01] 12/1/2017 10:45

ADEPT4 AD4 8.20 +0.45 5.81%

Market Cap: £17.6m
Price: 8p
Spread: 9%

Adept4, the IT service provider, announced preliminary results for the year ended 30 September 2016.

The numbers on this one are not great at first glance, but I get the feeling that this story is more of one than change than results. The company has been very active over the last 12 months. This is the clear theme of the RNS.

It would be something of an understatement to describe the last twelve months as one of considerable change. We have fundamentally transformed the shape of the business through a series of acquisitions, disposals and fundraisings and consequently exited the year with the business in a substantially improved
Numbers

The numbers are not that great. The company made a loss of £0.6 million, though this was improved from last year where the losses amounted to £1.3 million. The company go to great lengths to put some positive numbers in the highlights, which is why we have things like “Recurring gross profit covers 96% of trading overheads” featuring.

It’s a tricky one to judge as lots of the numbers don’t have a 2015 comparison. If they do, due to the rapid changing nature of the business it becomes tricky to draw conclusions. The company now has £3.2 million in recurring revenues. Two-thirds of the revenues are recurring, which is a positive thing. The company also has a recurring gross profit of £2.0m, which represents 67% of Group gross profit. Clearly, there is a decent business model here – we’ll give the new management props for that.

The company raised £9.8 million last year to fuel acquisitions and growth. As of 30 September, the company’s cash position was £4.3 million.

Operations

The company have overhauled the business.

Following a strategic review, conducted in October 2015, the company decided to divest of IT Security solutions and telecommunications and fixed line services resale businesses. These business were pinpointed due to lack profit potential, scalability and appeal. These businesses made an operating loss of £264,000 this year. For context, they made an operating loss of £878,000 in 2015.

RMS, the IT Security business, was divested for £1 due to debt and liabilities. Pinnacle was sold for £2.8 million to Chess ICT Ltd. The company states that after the final write off of intangibles associated with these businesses, legal, professional and reorganisation costs and taxation the net profit from discontinued operations is £725,000.

In February, the company acquired the entire share capital of Ancar-B and Weston for gross consideration of £5,000,000 and £1,500,000. In light of that, the newly installed management have brought the three businesses together (Ancar-B, Weston and Adept4 Limited) to form a neater, more focused value proposition and drive sales.

The management team states: “we have been clear that there remain substantial opportunities for us to acquire businesses that complement our overall value proposition”, so more acquisitions are possible. However, the mantra is pretty clear. The company’s focus is on profit, which is good – something you don’t always get with penny stocks. In particular, high levels of recurring revenues and high gross margin (50%+).

Outlook

We now have a sound platform created through the hard work and diligence of our people, who remain our biggest asset. We have a clear strategy for delivering success which I have articulated
My Opinion

Actually, I’m fairly impressed with this one. Of course, plenty of work still to do, but the management have shaken things up and have a clear vision on where they want to take the business. The work that has been done in the last 12 months divestments and acquisition suggest that management have the tools to make it happen. This isn’t a case of promise without the delivery as is often the problem on AIM.

hxxp://tradertim.co.uk/12th-jan-trader-tims-penny-stock-post-ggp-tly-ad4/?utm_content=buffer34eb1&utm_medium=social&utm_source=twitter.com&utm_campaign=buffer

[freddie01] 12/1/2017 10:37

A good solid set of first results. Well done Team Adept4.

[chimers] 12/1/2017 10:25

Only a matter of the money running out.
Then placing to top up wages.

[chimers] 12/1/2017 09:57

Going nowhere slowly.