Advancedadvt Share Discussion Threads

[northwards] 19/11/2024 22:35

Just watched the prez. Vin is a force.

[elsa7878] 19/11/2024 13:23

Fantastic presentation today.
Offers for both the entire portfolio of companies as well as parts of it, including 8 offers for just one part of it. And they have only owned it for a bit over a year. I think that puts pay to questions on the value they have created already.
Vin has said previously the business is worth at least 15 x EDITBA to the right buyer. If they can do 10m this year then conservatively the operating business should be valued at £100m and £150m plus to the right buyer. If they wanted to sell.
Add in £108 million in cash.
If this was a SPAC type listing in the US with Vin at the helm with her track record this would be valued far, far higher.
Look at the Rosebank vehicle (the ex-Melrose crew). Recently listed and valued at over 3 times its cash.
Bizarre anomaly here. Best of the best entrepreneur led company valued at below the value of its assets. No premium for her at all. In fact trading at a discount.

[x54v] 19/11/2024 13:05

"We're a really strong business with a very strong team. Given that markets need some real successes in the world of technology here in the UK, we're a great candidate for that."

House broker note to be initiated shortly. Looking forward to that.

[owenski] 19/11/2024 13:05

Think I'll be giving this a second or third watch, she rattles off stuff at quite a pace and there was a fair bit of detail to digest.

Happy with things so far, a decent business with competent managers - besides VM.

[x54v] 19/11/2024 13:00

ADVANCEDADVT LIMITED - Investor Presentation

[eagle eye] 15/11/2024 10:22

AdvancedAdvT will provide a live presentation on Investor Meet Company on Tuesday 19th November at 10:30am.

Investors can sign up or register for free:



Investors who already follow AdvancedAdvT on the Investor Meet Company platform will automatically be invited.

[stemis] 14/11/2024 17:16

Singer is the broker, so I imagine if there is any research it'll be by them.

[eagle eye] 14/11/2024 16:30

northwards,
I've just checked and there is no research currently available on Research Tree.

[stemis] 14/11/2024 14:19

Ebitda doesn't include £4m rise in Saatchi value.

At 142.5p mkt cap = £189.8m
Less: £106.9m cash & shares in SAA => £82.9m (1)
H1 Ebitda x 2 = £8.2m (2)
Valued at 10.1 x ebitda

(1) using current SAA share price
(2) including full impact of Celaton acquisition

[northwards] 14/11/2024 13:58

I can't see any research note on today's news. Anyone aware of one?

[puzzler2] 14/11/2024 13:56

...the value of which has reduced since 31.08.24

[cyberbub] 14/11/2024 10:06

Also note that half of the total profit came from adding in a £4m rise in the Saatchi holding's value - it wasn't from actual ongoing operations.

[zho] 14/11/2024 10:00

As pointed out by an alert Mr Contrarian:

September TU - "Adjusted EBITDA expected to be in the order of £4m, trading in line with the Board's expectations."

Today - "Adjusted EBITDA grew by 8% to £4.0m - ahead of management expectations"

[someuwin] 14/11/2024 09:15

Very good. Have added here.

[x54v] 14/11/2024 09:05

Strong growth and a positive outlook. Onwards and upwards.

---

Pre-tax profit increased by 147% to £8.3m

Reported EPS up 150% to 5.89p

"In the short time since we acquired the Capita businesses, their operational performance has improved markedly with, a number of multi-year million pound contracts secured"

"AdvT made significantly good progress in the six months to 31 August 2024."

"We remain optimistic about the opportunities for organic and acquisitive growth ahead."

[elsa7878] 14/11/2024 08:49

Follow the management. The software rock star.

[simmsc] 14/11/2024 08:45

Vin murria was always going to pull this off. Track record like a rock. Which is why i have a ton of these.

[northwards] 14/11/2024 08:04

Once the 80m is put to work, we can look forward to dividends kicking in I suspect.

[elsa7878] 14/11/2024 07:44

Ebitda growth from acquired businesses 54%. Not too shabby!

[bdbd11] 14/11/2024 07:23

Stunning results. Strip out the cash and share holding and you have a current p/e of about 5. For a company growing this fast that is ludicrous. Share price could and should double in short order.

[dplewis1] 14/11/2024 07:07

Looks pretty good hTTps://www.londonstockexchange.com/news-article/ADVT/interim-results-for-6-months-to-31-august-2024/16763507

[eagle eye] 08/11/2024 17:13

All very quiet here, but we have a date for the diary:

H1 results to 31st August will be released on Thursday 14th November.

[dil 21] 05/11/2024 16:11

Fill yer boots Johnny boy.

[cf456] 05/11/2024 16:07

Could be the last chance to buy cheaper than Barbara Firth who bought around £100k worth for 141p in May