Advancedadvt Share Discussion Threads

[cf456] 21/8/2024 15:20

That £26m plus around £77m in cash provides both over £100m, a safety buffer and plenty of firepower for likely acquisitions.

[zho] 21/8/2024 15:17

I think ADVT own 12m SAA shares, currently valued at c. £26m.

Edit: Yes, that's correct, although I see that Vin M also has a personal holding of 15.2m shares in SAA.

[ricky46] 21/8/2024 14:44

The saatchi share price has risen nicely lately we own 9.8% of those here. Must be valued at quite a few more based on the market cap here

[cf456] 21/8/2024 14:27

Panmure Gordon reckoning that "likely growth at AdvancedAdvT as software businesses are built out by Vin Murria" will contribute towards Marwyn Value Investors' "new high return phase".

[outsizeclothes.com] 15/8/2024 13:29

Nibbled a 10k buy at 134.4

[aishah] 06/8/2024 07:30

Taken a few here.

[cf456] 30/7/2024 10:20

The same transaction happened historically.

Vin Murria sold her shares to her husband, then bought them all back a while later.

[cf456] 30/7/2024 10:02

And there's the RNS. No net change to holdings.


"There is no change to the combined holdings of Vin Murria and Sunil Bhalla."

[cf456] 29/7/2024 17:41

The last time something similar happened it was Vin Murria and her husband Sunil Bhalla moving shares between each other for whatever reason in Nov '22 and Jan '23.

[cf456] 29/7/2024 17:06

Similar sized prints last Thursday too:

[zho] 29/7/2024 16:45

2 large delayed trades of 5.04m shares.

No obvious match to major shareholders listed at

[x54v] 24/7/2024 09:23

Only a matter of time before the next acquisition. Would be great if it was as significant as the one just bid for.

---

"We recently made a bid for a business that just got bought by another player...and we bid a very substantial amount of money, upwards of 160, 170 million and it got taken out for 210."

"The next one is...and we're already talking to other parties. There's a combination of larger scale organisations which will be transformational plus there are smaller opportunities that will continue to be bolt-ons, so happy to do both."

"At the moment there are still some really interesting opportunities and hopefully we'll bring some of them to fruition."

[arthur_lame_stocks] 23/7/2024 12:24

Thanks gsmiley

[gsmiley] 23/7/2024 11:29

@arthur - VM was a director of Saatchi (stopped when she launched her bid). So she knew the business pretty well. I think she has said that she was really after the analytics piece but that with the upturn in the advertising cycle, her bid was "opportunistic". In an earlier interview, (Feb 2024?) she said Saatchi was worth 350p per share in a breakup. That is probably the answer - she was going to keep the software, sell the advertising and make a profit on the deal.

GLA
GS

[arthur_lame_stocks] 23/7/2024 10:57

I have an indirect holding here through MVI and wondered why Vin Murria had initially launched a bid for Saatchi when her speciality is computers.

I guess data analytics is massive in advertising these days, Was she hoping to leverage her expertise into Saatchi?

[x54v] 23/7/2024 09:52

gsmiley - agreed, ambitious yet careful.

A canny operator indeed and in addition it’s good to know that VM, with such a large personal investment, will always do what’s best for shareholders. She has plenty of ambition to grow the company and the share price, but at the same time she won’t take any unnecessary risks in getting there.

[gsmiley] 23/7/2024 09:37

@x54v - You are correct. "Management" was trying to find out what I wanted for dinner at the time...

The other thing I liked was VM was clear that her cash pile is not burning a hole anywhere. It sounded as if she lost the Capita One deal because she had a concern over issues where one would normally expect further due diligence or a warranty from the seller. Her competitor to buy C1 was happy to waive both. So she is careful, but she always has been.

GLA
GS

[the cronk] 23/7/2024 06:54

Great to see this progressing well, a rarity amongst the juniors that I check on.

VM is clearly very talented.

[x54v] 23/7/2024 06:00

Thanks for that gsmiley.

I thought (but can’t be sure) that VM mentioned that the bid was for the Capita One assets:



Whatever the case, it shows the scale of the ambition. Bidding £160-170m is significant vs the current market cap of £196m. The company can get very much larger with any successful bids of this size.

[gsmiley] 22/7/2024 22:33

For those who did not watch the Mello presentation at 6:30pm today, ZM was working off the same deck as she has used previously on Youtube. So nothing new there. In terms of commentary, the highlights were:
1. Revealing that ADVT had lost out in a bidding war at around the £160-170m mark to private equity. The target was not specifically named. Interestingly, ADVT is clearly prepared to spend more than its available cash on acquisitions. VM hates issuing equity, so presumably there is at least a letter of intent from a banking consortium which could be reactivated in the future if needs be.
2. She reiterated that contract wins and renewals were progressing satisfactorily with an average 3-year renewal and clearly said that, as a result, she expected "high double-digit EBITDA growth over the next N years" (I was interrupted, and N was something like 4-5, but it might have been 5-7).
3.Second interruption while she was talking about the acquisition of Celaton, but I am pretty sure she said it had booked over £1m of new business since it was bought.
4. She clearly thinks the M&C Saatchi stake will be worth more than it is at present. She thinks the advertising cycle is in an uptrend. I have heard Martin Sorrell say the same - who am I to argue?
5. She nearly said that ADVT is talking to at least one other M&A target but rephrased it to something like "there are some attractive opportunities out there."

I think that was pretty much it.

GLA
GS

[melloteam] 22/7/2024 10:04

Just to let shareholders and prospective investors know that AdvancedAdvT plc will be presenting on the MelloMonday webinar on Monday 22nd July 2024, starting at 5pm.

Full Programme:

5:00pm Paul Hill presents ‘Investing in turnarounds’
5:30pm Company presentation from True Royalty
6:10pm Company presentation from Cohort plc
6:40pm Company presentation from AdvancedAdvT plc
7.00pm Company presentation from Time To ACT plc
7:30pm BASH Panel featuring Alan Charlton (SPSY) and Richard Crow (FTC)

Get 50% off your ticket with code MMTADVFN50
More info:

[cf456] 22/7/2024 09:59

2 x 50k purchases.

Further director buying?

[davidosh] 22/7/2024 09:36

just to let shareholders and prospective investors know that Vin Murria will be presenting the results on the MelloMonday webinar tonight which starts at 5pm.

Full Programme:

5:00pm Paul Hill presents ‘Investing in turnarounds’
5:30pm Company presentation from True Royalty
6:10pm Company presentation from Cohort plc
6:40pm Vin Murria presents AdvancedAdvT results
7:00pm Company presentation from Time To ACT plc
7:30pm BASH Panel

Get 50% off your ticket with code MMTADVFN50
More info: