Advancedadvt Share Discussion Threads

[x54v] 30/4/2024 10:32

Just profit takers imo. No surprise after such a strong run.

The underlying business is performing very strongly and trading is ahead of expectations as stated in last month's results:

"The Group has made a good start to the new financial year following strong progress on the initial foundations laid following the completion of the acquisitions on 31 July 2023. 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."

Vin Murria is clearly happy with progress to date:

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

"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"

[zho] 30/4/2024 10:03

Consistent selling yesterday until shortly before the close. Has anyone heard anything or was it just traders playing follow my leader?

[eagle eye] 29/4/2024 20:30

There should be a trading update in May for the FY to end Feb.
Hopefully an initiation note will be released on the back of that.
Many investors trade for a few pennies but this looks like a buy-the-dip long term hold IMHO :-))

[x54v] 29/4/2024 16:16

Bit of a drop prior to and on that RNS.

CRUX reducing, but date the threshold was crossed was 3 months ago back on 16th Jan.

Had a top up myself.

[zho] 29/4/2024 15:20

Oooh, get back in knife drawer ;-)

[cf456] 28/4/2024 19:35

On the plus side, it's a very well known tipsheet and has brought the shares to the attention of a much wider audience. Hopefully it has as much success with ADVT as it did with Advanced.

[saucepan] 28/4/2024 19:24

That is extremely disingenuous from SCSW. Anyone who bought ADVT in the first hour of trading after publication would have had to pay about 144p. They would not (yet) be in profit.

[x54v] 28/4/2024 18:19

“The last issue of SCSW was an absolute corker. In only a couple of weeks, Inspired Energy is up 40.5% and AdvancedAdvT is up 14.7% - lovely quick-fire gains for our readers. The next issue of SCSW is out next weekend…”

[zho] 23/4/2024 11:42

>>presume that excludes the M&C holding>>

That's how I read the results. So the share price of 140p includes roughly 60p in cash and 16p attributable to the holding in SAA.

[x54v] 23/4/2024 11:42

From the Jan 8th 'Admission to AIM (Presentation)' document available on the ADVT website:

"Cash/asset rich (£101.4m) strong balance sheet supports future acquisition growth
opportunities with a focus on synergistic M&A"

"Cash £78.7m + Investment £19.2m + anticipated Synaptic sale proceeds £3.5m"

[x54v] 23/4/2024 11:40

Yes.

ADVT has 12 million SAA shares in addition to £78m of cash.

[northwards] 23/4/2024 11:21

The £78m of cash reported at last update - presume that excludes the M&C holding ?

[mrnumpty] 22/4/2024 14:19

Ali . “ SAA “ refers to ADVT’s holding of 12 million shares in advertising company Saatchi , acquired for £ 24 million in January 2022 , where Vin Murria was a non executive director and personally owned 15.3 million shares .

[ali47fish] 18/4/2024 22:59

i have edited it- many call me ali on boards so why the strong reaction- i hope you re join us at the seminars as we miss you

[ali47fish] 12/4/2024 12:42

What s saa ⁴

[cf456] 12/4/2024 11:54

ADVT holding SAA seeing some huge volume today.

[cf456] 12/4/2024 09:39

All the 143p trades today look to be buys. Can still buy at 143p just now.

[gymratt] 12/4/2024 09:36

Added another 3k @ 143p showing as a sell.Was hoping for a pull back, but looking at the chart it doesn't seem to happen!

[someuwin] 11/4/2024 07:56

Artemis were at 8.07% now 7.96209% So they've reduced a bit. Unless the number of shares in issue has changed which I don't think has happened.