Share Name Share Symbol Market Type Share ISIN Share Description
Advancedadvt Limited LSE:ADVT London Ordinary Share VGG0103J1075 ORD NPV (DI)
  Price Change % Change Share Price Shares Traded Last Trade
  0.00 0.0% 77.50 0.00 08:00:18
Bid Price Offer Price High Price Low Price Open Price
76.00 79.00 77.50 77.00 77.00
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
General Financial -2.55 -0.06 103
Last Trade Time Trade Type Trade Size Trade Price Currency
- O 0 77.50 GBX

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Date Time Title Posts
31/5/202221:04 AdvancedAdvT Vin Murria company 361

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Advancedadvt (ADVT) Most Recent Trades

Trade Time Trade Price Trade Size Trade Value Trade Type
2022-06-30 16:14:1276.7575,00057,562.50O
2022-06-30 15:14:1977.5075,00058,125.00O
2022-06-30 14:20:3976.0015,00011,400.00O
2022-06-30 11:48:3876.111,089828.86O
2022-06-30 10:23:5976.0014,27010,845.20O
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Advancedadvt (ADVT) Top Chat Posts

Advancedadvt Daily Update: Advancedadvt Limited is listed in the General Financial sector of the London Stock Exchange with ticker ADVT. The last closing price for Advancedadvt was 77.50p.
Advancedadvt Limited has a 4 week average price of 77p and a 12 week average price of 75p.
The 1 year high share price is 125p while the 1 year low share price is currently 75p.
There are currently 133,200,000 shares in issue and the average daily traded volume is 95,592 shares. The market capitalisation of Advancedadvt Limited is £103,230,000.
stemis: Formal offer for SAA. Advt claim to have support of 42.5% of shareholders. You would think that would be enough although SAA share price hasn't really reacted. Based on current Advt share price of 82.5p, values offer at 209p. SAA share price currently 170p.
miti 1000: Sold most of my ADVT down here in past few trading days for a fat loss. If the bid succeeds , ADVT will no doubt have to pay more and will have raise more so presumably we will be further diluted. They could get the institutions to pay a much higher placing place than the current mid 80's but I'm not prepared to risk that. If the bid fails, SAA share price will fall as will ADVT's shareholding in it as it reverts more to the sector. I'll maintain a small holding but Vin Murria has really messed up short term with this amateurish bid and the failure to find a target company. Its frankly ridiculous that all she could find is a listed company where she already has a stake and now is being forced to pay a big premium. Longer term, private company bid targets are no doubt much cheaper with the downgrading of the tech sector so that should play into her hands. One to revisit for me at a later date when the clouds clear.
x54v: Depends on whether you judge a person based solely on the past 12 months or over their entire 30+ year career. Historically Vin Murria has an amazing record of success growing businesses significantly and making investors huge amounts of money in the process. She has 10 bagged investors’ money in not one, but two listed vehicles and successfully completed over 70 acquisitions of software businesses. Clearly all of that hasn't just happened by luck. The past 12 months at ADVT has been disappointing for all concerned, including I'm sure VM with her £17.5 million investment. But I'm sure she's had plenty other ups and downs during her long and successful career and I personally think it would be a mistake to write her off based solely on what has happened recently. The share price weakness continues and you can now buy the shares for less than the amount of cash held in the bank. The NAV with SAA at the current market price is 94.8p. Even if she liquidated all the SAA shares at a discounted price of 150p, ADVT would have 92.4p to return to shareholders vs the current 78.1p to buy. One possibility for the weakness could be a pending fund raise to get the cash to buy SAA outright, rather than merge. If this was indeed the case and was successful, then VM gets started again on her buy and build strategy with an aim to replicate her successes at Computer Software Group and Advanced Computer Software. If it's not the case then you can buy 92.4p of value for 78.1p. For those not convinced, the obvious route is simply to sell their shares and put the money to work elsewhere. There are always plenty of opportunities on the stockmarket.
stemis: If there was third party interest in SAA, they'd have to speak to Vin who controls 22%. Best strategy would be to wait for the Advt bid to fail and then approach her as a willing seller. Currently Advt has £105.1m cash (78.9p/share) and 12m SAA shares (= £20.5m or 15.4p/share), a total of 94.3p. That's a 12.3% premium to the current share price. I'll continuing holding.
cousin jack: It’s hard to see a good outcome from the current situation. If somehow a deal is done it will be because SAA have negotiated a better deal so most likely the ADVT share price will fall further. If no deal it is likely to be some time before ADVT put together something else and share price likely to drift. The only good outcome would be a third party offer for SAA but that would surely have happened by now. So I guess I will probably do as Skyship has and sell out at a loss. Very disappointing that the company has communicated so little information over such a long period even taking into account the obvious constraints of the proposed SAA deal. I wonder what reason Vin Murria would put forward now to trust her. Time to Bin Murria !
stemis: 'Market' seems to be suggesting that it doesn't believe the Advt offer for SAA will succeed and that no revised (and successful offer) will be made. SAA price is now down, after announcement of the latest 'offer', and at 174p is l3% below the partial cash alternative and 21% below the all share offer. The result is going to be Advt left with a 9.8% stake in SAA and probably booking (at least temporarily) a £3.5 - 4.0m (3p a share) loss. Part of the reason that SAA don't like the offer is that shares issued to SAA shareholders would become subject to Vin & Marwyn's 'hedge fund type' incentive scheme which slices off part of their upside (which they won't suffer by simply keeping their shares in SAA). Advt's paper really isn't attractive to paper bids. 'If I was Vin' I'd be touting SAA as a takeover target now. A trade buyer with synergy could afford to pay more and Vin and Advt hold 22% of SAA. So hopefully, in the medium term, we'll make a turn on the shares but frankly this hasn't been Advt's finest hour and not really what I was expecting.
stemis: Interesting that the SAA share price seems to have settled at around 1.82p. Using an ADVT share price of 98p, a 1.86 for 1 offer would value SAA at..... 1.82p. Doesn't seem much confidence in the market that Advt is going to up it's offer
jans3: According to LSE theres only been 14 trades today of £1000 - £2500 (unless theres something big going on that isnt disclosed) so does this justify the drop in share price? A thought... she has 17.5 mill in ADVT at 100p so is down @2% but she has £34 mill in SAA which has appreciated alot more than the depreciation in her ADVT shares so she is quids in at the moment and has all that cheap money in ADVT for her bid. Also ADVT wont stay down for long so her 17 mill is safe (and will make her money), she makes a bundle on her SAA shares and she gets to takeover SAA with free money from ADVT
stemis: Really, really don't understand this. Advt market cap = £133m. SAA market cap (at 210p) = £257m. So we would be looking at (at least) a part share for share acquisition. There are no synergies. It wouldn't be a take private. It would effectively be Advt plc ending up as SAA plc. All that would have happened is Advt shareholders would have provided a fund raising for SAA at a substantial premium to the 170p it was trading at (a 24% premium at 210p) with a bit of an exit (assuming a cash element) for existing shareholders at the inflated price. Great for Vin Murray (whose 13.25% stake is now worth £6.5m more) but not what Advt shareholders expected. The cratering share price reaction tells it all...
jans3: Deanowls I understand your point but having bought from 120 down my average is about 110. Many others will have bought around 120 with the expectation that when Advt announce their'find' it would be significantly undervalued and lead to a rapid increase in the ADVT share price. What has happened is we have paid a significant premium for a company that has no effect on our share price at present and means our share price will now rise or fall from @104p as a baseline. We have lost money by investing over the past months when we could have just bought today. Anyway that's the nature of investing so will stop moaning. I actually do think SAA will be a fantastic investment but with hindsight would have just bought them directly. I'm finding it difficult to see what the point is in buying ADVT when you could just buy SAA directly. Will continue to hold as too late to sell and I do think SAA/ ADVT will make money
Advancedadvt share price data is direct from the London Stock Exchange
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