Advancedadvt Share Discussion Threads

[tromso1] 28/3/2024 07:47

‘#ADVT the new software vehicle for serial tech entrepreneur Vin Murria has reported H1 23 EBITDA ahead of management expectations - FY25 will also be better than hoped. Cash at the year-end was £78.7m & a number of new substantial contracts have been secured. #progress #update’

[x54v] 28/3/2024 07:21

Progressing well and ahead of expectations.

—-

"In the short time since we acquired the Capita businesses, we have made very good progress with their operational performance which has improved markedly.

After changing the financial year end to February, we concluded the remaining two months of the year and have started the new financial year well, securing a number of multi-million pound contracts.

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

“We have secured a number of substantial contracts and renewals which means that performance for the 12 months ending 28 February 2025 is expected to be ahead of Board expectations.”

[x54v] 26/3/2024 13:57

"There's 75p still sitting in shares and cash so potentially they can be part of decent deals. If you get to 10 or 12 times EBITDA on what they've bought, that would take you to 150 to 165p." - from 10:14

[owenski] 26/3/2024 13:45

Richard Penny interview on Vox
Includes comments on AdvT - 08:05 -

[x54v] 24/3/2024 23:13

Should also hopefully get an indication of trading beyond the initial six months:

“We’ll publish our six months to 31st December in March ‘24 and then our eight months to 29th February ‘24 to be published early summer. But what we’ll do is when we put out the notes for March, we will give you a good sense of what the eight months looks like so you can get a pretty good sense of where we are very, very quickly.”

- from 37:19

[someuwin] 24/3/2024 20:23

...82.04% held by Vin and quality institutions. Leaves just 17.96% for everyone else.

[owenski] 24/3/2024 17:01

Thanks gleach, I missed that for some reason, but from the last business webcast deduced it must be this week.

[owenski] 24/3/2024 16:16

Should be having an update this coming week? I'd imagine things to be relatively flat or at 32m rev. EBIT 5.2m ball park, kind of setting the base line, but from this point going forwards, next report should be early summer - post June. We should expect to see the start of financial improvements on the core businesses due to synergies, possibly the start of cross selling and or uptake in services supplied to end customers and pricing increases - pricing is something being addressed now.

Also, should start to see analyst coverage and projections.

The next big drivers are likely to be news flow WRT 'small' infill acquisitions and or strategic bolt-ons, would expect some news flow here over the next six months.

Over the next year - from this Feb. 24 to Feb. 25 I'd expect to see an acceleration in financial metrics around revenue increases and importantly margins.

Further out - 12 to 18 months, the possibility of a larger transformational deal ( go big or go home ) may occur - no guarantees on that at present, but seems to be on VM's forward aspirations.

IMO

[eagle eye] 21/3/2024 13:39

ADVFN can now correct the spelling of AdvancedAdvT at long last.
Now it's been corrected at the LSE, the monitor list can now be updated.

[someuwin] 21/3/2024 07:26

Recent Vin Murria MELLO presentation here...

[talkman2] 21/3/2024 07:21

Is there a link to the recent VM/ ADVT presentation ?

[someuwin] 21/3/2024 07:05

21 March 2024

AdvancedAdvT Limited

Notice of interim results - 28 March 2024

AdvancedAdvT Limited (AIM: ADVT, "AdvT"), the international software solutions provider for the business solutions, healthcare compliance, and human capital management sectors, will publish its results for the six months to 31 December 2023 on Thursday 28 March 2024.

[owenski] 10/3/2024 10:57

Roughly, 59m for the enterprise.
100m in cash/assets, including Saatchi stake - does sound like they'll offload that at an appropriate time.

The business is currently a minnow - but of importance is that it is circa 80% held by institutions - suggests high belief in VM's track record to deliver.

Some telling comments from VM in recent webcast about enterprise size - which is important when it comes to share price accretion via institutional backing. She acknowledges size and the strategy they'll embark upon to grow, although that will include 3 - 5m size 'infill' bolt-ons, she does comment that further down the road they are 'possibly' looking at a sizeable deal - which may or may not come to fruition. "We need to go big".

Whilst careful with her words, it'll be interesting to see how this plays out with what she clearly has in mind - although still early days.

She is experienced in public markets and knows the importance regarding institutions of enterprise market sizing.

Meanwhile, they are getting on with running the business they have and increasing shareholder value via financially growing current assets.

Experienced team doing their 'bread and butter' stuff with a pedigree track record, it'll be interesting to watch the journey. Still not expensive buying in here IMO.

[the cronk] 07/3/2024 23:34

Wow what an interesting chart.

It looks like they should be moved over to the main board, dividend paying and a decent market cap.

This looks interesting.

[crazycoops] 07/3/2024 15:46

Out of interest, a question for those of you who are familiar with VM's previous companies. Did they ever pay dividends?

[someuwin] 06/3/2024 13:25

2024 budget: Extra £3.4bn for digitising NHS. Good for ADVT.

[someuwin] 06/3/2024 09:14

Can buy with ii no problem. Perhaps you put the wrong ticker in?

[tromso1] 06/3/2024 08:29

Worth phoning them. Can't see how it is a non-standard instrument. Maybe when it was a SPAC before it had any investments, but not now. They probably just haven't got round to updating its status.

[cardinal3] 05/3/2024 22:36

ii wouldn't let me buy as it is seen as a non standard instrument - unless I fill out a form. Tedious.

[x54v] 05/3/2024 15:19

Thanks for that silverlandfinance. Good to know.

[silverlandfinance] 05/3/2024 14:02

There is a small mention in Sharewatch that ADVT will be profiled imminently in future bulletines and that it thinks that the shares are a BUY.

[john09] 04/3/2024 11:21

The investment is basically in cash and her/the mgt team

In a bull market this could go balistic like multibag

Sfor was a bet in cash + Martin sorrel and it went balistic ..