Facilities By Adf Share Discussion Threads

[74tom] 10/5/2022 12:10

Also really impressed by yesterday's appointment, the acquisition of a competitor would really kick things off here & create the scale for a multibagger to unfold.

Re. surprises, I read a comment on LSE that advised looking at the CEO's twitter feed for reassurance as to how busy they are / how many productions they're involved in - it's very impressive indeed. Looking forward to the results & outlook - I think they'll make the current £45m market cap look quite silly.

[rivaldo] 10/5/2022 11:51

ADF were only admitted to AIM on 5th January (just four months ago) at 50p per share.

Perhaps buywell3 doesn't realise this as that chart is completely irrelevant!

[yasx] 10/5/2022 09:26

Should have an update in a few weeks.

With recent IPO's things can come out of the woodwork, but with the upbeat statement in Feb coupled with the reference to good visibility for the rest of the year and into next, the chance of significant issues ought to be fairly remote.

[yasx] 09/5/2022 09:37

yasX5 May '22 - 16:51 - 216 of 219 Edit
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JD,

It seems very cheap in the numbers and likely is (I am long) - but the Board is thin and needs more depth/experience to give this outfit more credibility to attract investors.

--------------------------------------

The announcement today certainly adds credibility....

[rivaldo] 09/5/2022 07:26

New - and very impressive - NED appointment announced. A current Non-Executive Committee Member at the Bank of England no less, and a former director at Barclays and Merrill Lynch.

Undoubtedly ready and able to advise on acquisitions as they arise:

[adamb1978] 06/5/2022 11:24

Added a few more at 62.2 (thank you Mr Market!). The need for content isn't going away so the next few years could be very good for ADF

[rivaldo] 06/5/2022 10:39

Comment from the Naked Trader overnight in his fortnightly update with which I concur - the price is being marked down on teeny-tiny volumes by the MMs and sellers are being punished:

"Adf seems oversold in the smallcap selloff, if the ahead of still stands, again could be a nice entry price"

[yasx] 05/5/2022 16:51

JD,

It seems very cheap in the numbers and likely is (I am long) - but the Board is thin and needs more depth/experience to give this outfit more credibility to attract investors.

[johndoe23] 04/5/2022 12:23

Buying opportunity...

[rivaldo] 22/4/2022 09:08

Robbie Burns (the Naked Trader) very keen on ADF in his fortnightly update last night, and he's bought some more:

"Another recent "ahead of" was Facilities by ADF which supplies facilities for production companies.

I took advantage of share weakness for this one.

I read the news in The Times that UK production spending is expected to rise sharply to more than £11 bln from £5.5bln.

Also reports planning permissions for new studios are rising fast and with most productions requiring outside locations, this should be a boon for ADF.

It's already said recently it's trading ahead of expectations so a nice chance to buy some more a bit cheaper."

[786spider] 21/4/2022 15:17

FYI Netflix subscriber numbers INCREASED if you exclude the impact of stopping all their Russia subscriptions. It's the news as ever, hyping things.

[74tom] 20/4/2022 22:31

Just spotted the below in yesterdays Times;



“Claire Williams, industrial and logistics research lead at Knight Frank, said: “With global video subscriptions expected to continue to rise and requirements for production space growing in tandem, investors and film studio platform operators who are able to deliver fit-for-purpose production space in good locations stand to benefit from robust occupier demand and a dependable income stream.”

ADF is the perfect picks and shovels streaming play over the next decade. Producer agnostic & indispensable. I do wonder where the share price may get to in the medium term (2-3 years).

[aylingd] 20/4/2022 16:02

Thanks for the replies re: date of results. Also some really good & imo informed comment on here today - very refreshing.

D.

[rivaldo] 20/4/2022 12:02

This is a buying opportunity, with the MMs stuffing sellers in a generally illiquid market. The volumes are tiny - just around £145k traded so far today, i.e just a few PIs.

As others have said, Netflix are hardly going to permanently cut back on production simply because of one or two not-quite-so-good quarters following the return to work as the pandemic eases.

I also read that they'll be introducing measures to cut down on password sharing, which they believe is depriving them of a whopping 100 million additional subscribers.

Netflix, and all the other streaming services, have the UK's facilities booked out for years ahead. And they're all going full steam ahead in building more new facilities and expanding those they already have. All that expenditure will not go to waste.

[rimau1] 20/4/2022 10:52

Lower subscriber numbers will not result in lower content. As streaming companies chase fewer subscribers competition intensifies and quality content has to increase. Production is actually relatively inelastic. Netflix is consumer cyclical and this is simply a new cycle of lower revenue growth and lower profitability for streaming companies. Do Bovis stop adding to their land bank if house sales fall?

[74tom] 20/4/2022 10:51

"Netflix subscribers falling dramatically"

Crickey, that's quite an exaggeration!

Here is the link to the Netflix results released last night;



There were 221.64m paid memberships at the end of Q1 22 vs 221.84m at the end of Q4 21, a fall of 200k or 0.09%, so essentially flat (and certainly not a dramatic fall). They forecast a more substantial fall of 2m in Q2, however the 219.64m would still be 10m ahead of the prior year.

More importantly they made $1.6b in net income in Q1 alone, so there is little question of whether they will be cutting back on spending - if anything they will have to increase it to retain their customer base.

So a storm in a teacup here, thanks to the panicky sellers for a top up opportunity sub 70p though.

[ramlamb] 20/4/2022 10:43

People are cancelling home streaming subscriptions because they have less to spend, not spending more on them.

[hastings] 20/4/2022 10:35

I agree Hydrus and I also believe that streaming and home watching will be a beneficiary in the inflationary world. As people have less to spend it will in my view replicate the Pandemic effect with consumers electing to spend more time at home.

[hydrus] 20/4/2022 10:31

I think the Netflix outlook is worrying investors as Hastings said. I reduced this morning in anticipation of some poor sentiment in the short term but I do believe that ADF underlying business will prosper so I continue to hold. The only weapon the steaming companies have is to spend more on new content to boost interest in their service. I can't see how they can cut back on new content because if they do their business dies. That plays directly into ADF hands.

[ramlamb] 20/4/2022 10:28

Netflix subscribers falling dramatically, the Netflix business model has issues with password sharing among subscribers so less income. Stands to reason ADF share price will suffer as 25% of their income is via Netflix, probably less work in the future.

[yasx] 20/4/2022 10:18

One hopes it's not a leak - although volumes are very modest.

[onjohn] 20/4/2022 10:17

Theyve run out of Gas. Calorgas cant supply cos no drivers.

[hastings] 20/4/2022 10:16

I suspect people taking a wrong read on Netflix subscriptions, which merely provides an opportunity.

[cravencottage] 20/4/2022 10:13

No definitive date but i'm led to believe at some stage towards the end of the month..

Disappointing to see today's drop...

It's quite possible somebody bought a shed load on a T20 or something and are being forced to sell as they'd expected results by now?

Anybody else got a theory behind today's share price decline?