Advancedadvt Share Discussion Threads

[x54v] 16/2/2023 18:24

“We believe that our strong cash position, the current economic downturn combined with our disciplined and patient approach, will put us in a prime position to execute on our strategy.”

4 months now since this statement. Come on Vin, get a move on!

[x54v] 16/2/2023 18:20

Yes, not a great performance given what she has achieved in the past. And I’m sure most expected a lot more.

But at the current share price there is value. Either she sells off the SAA shares and returns 95.5p cash to shareholders, or she finally acquires another company and starts out once more growing a much larger business and making shareholders serious money in the process.

Worth remembering that her own money is tied up here too and she’s currently sitting with a 20% loss on the £17.5 million she invested. So no doubt she is feeling frustrated too.

It’s been a few months now since the offer for SAA lapsed so hopefully something is just round the corner.

[jans3] 16/2/2023 17:59

Must admit I'm getting pretty fed up with ADVT. Vin murria promised so much initially and so far, nearly 2 years in, all we have is a botched takeover attempt. The last 2 years have been prime time for finding undervalued tech firms with potential and she's done nothing. Not impressed

[x54v] 16/2/2023 17:21

SAA share price continuing to show strong momentum and closing on the day at 193p. Very close now to ADVT's 200p entry point.

ADVT's NAV now around 95.5p.

Good value here at 80p with SAA continuing to rise and the chance of an acquisition.

[x54v] 08/2/2023 09:21

Interesting to see SAA announcing "its new strategy, accelerating high-margin, digitally led growth."

Basically what Vin Murria had suggested that it should be doing a year ago when she put her bid forward.

"The Board believes the enlarged group would be well-positioned to take advantage of the structural changes arising from an acceleration of digitalisation"

"The merger, combined with a focus on a data, analytics and digital creative marketing strategy plus M&A, would enable the enlarged group to capitalise on the heightened opportunity to 'navigate, create and lead meaningful change' whilst guiding companies on their new digital journey."

[stemis] 08/2/2023 09:09

At this rate might even make a profit on our holding

[x54v] 08/2/2023 08:17

Positive news today at SAA being taken well so far and helping drive the price up there.

ADVT holds 12 million SAA shares so will benefit nicely from the uplift there.

Just need Vin Murria to make a move now with an acquisition.

[kfr20] 25/1/2023 18:15

SAA chart looks pretty positive as it's curving up. I'd welcome 200p bid or no bid!

[x54v] 23/1/2023 14:45

SAA share price showing recent strength and helping increase the ADVT NAV.

[x54v] 06/1/2023 16:25

A very impressive holding. 17.5 million shares originally bought at 100p.

Very rare to see that level of committment by a director. £17.5 million is a significant cash outlay.

[colinroberts] 06/1/2023 11:35

My interpretation too. The necessary 30 days have elapsed between transactions.

[x54v] 06/1/2023 10:05

Perhaps she wanted to realise a loss on paper for tax purposes.

Selling them to her husband would realise a paper loss. But buying them back again would ensure that she still had her original personal shareholding.

[colinroberts] 06/1/2023 10:00

spot on...

[x54v] 06/1/2023 09:54

Good guess.

[x54v] 04/1/2023 16:16

Two large trades. Vin Murria’s husband selling the shares back to her again?

[x54v] 30/11/2022 17:07

Yes, sold to her husband and the same combined family holding.

Redistribution prior to an impending deal?

[skyship] 30/11/2022 15:57

Bizarre! Anyone have any views? To sell 65% of her holding down at a c18% discount without any explanation. Who is the new holder; who is now in charge?

Ahh - silly me - didn't read on ..... just shuffling the chairs around the family dinner table.

[x54v] 30/11/2022 13:24

And there's the explanation:

[x54v] 29/11/2022 10:35

A couple of very large trades just there.

[x54v] 07/11/2022 15:11

"We are now seeing acquisition valuations falling against the macro-economic backdrop and are in a strong position with a pipeline of opportunities and GBP104m of cash to support our strategy."

"We believe that our strong cash position, the current economic downturn combined with our disciplined and patient approach, will put us in a prime position to execute on our strategy."

[x54v] 07/11/2022 15:02

The share price seems to have found a base around the 70p mark. Perhaps there has been some institutional buying in the background.

[stemis] 31/10/2022 16:03

Quite a significant vote against the NFC proposal. Even without Advt/Murria voting against, there wouldn't have been a majority (let alone 75%) in favour.

[x54v] 31/10/2022 12:24

“Lapse of the Next 15 Offer

As a result of votes cast at the Court Meeting, the M&C Saatchi Directors note that the Next 15 Offer has not satisfied the conditions as outlined in the Scheme Document and as such, the Next 15 Offer has now lapsed. As both the Next 15 Offer and ADV Offer have lapsed, M&C Saatchi is no longer in an offer period for the purposes of the Takeover Code.”

[x54v] 30/10/2022 09:37

“On that basis I can't see Advt/Murria remaining a passive shareholder, so I expect them to move quickly to try to shake up the SAA board.”

Agreed. Will be interesting to see what happens next.

“ADV's position, as a significant shareholder in M&C Saatchi, remains focused on unlocking all potential value creation opportunities for its shareholders.

ADV believes changes are still required in order to unlock and accelerate the realisation of the wider potential of the M&C Saatchi business and people.”