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ALB Albert Technologies Ltd

8.00
0.00 (0.00%)
26 Apr 2024 - Closed
Delayed by 15 minutes
Albert Technologies Investors - ALB

Albert Technologies Investors - ALB

Share Name Share Symbol Market Stock Type
Albert Technologies Ltd ALB London Ordinary Share
  Price Change Price Change % Share Price Last Trade
0.00 0.00% 8.00 01:00:00
Open Price Low Price High Price Close Price Previous Close
8.00 8.00
more quote information »

Top Investor Posts

Top Posts
Posted at 16/7/2019 12:43 by bakunin
smithless
I could agree with everything you said apart from the final sentence.
That makes it sound like you are one of the "beneficiaries" who want to "convince" shareholders to just accept this theft as bad luck.
Why should investors just move on and let the company's technology be picked up for a song?
ALB still have plenty of cash and the technology is substantially developed.
WAND is a perfect case study in adapting cash spend at the same stage of evolution.
The fact is that the company "owners" are intent on theft.
In fact, they will only get away with this because of the corrupt British stock market nominee system.
Any PI with shares in a nominee account will find that they are voting in favour of what the "owners" want irrespective of their wishes or what they attempt to do.
Has anyone ever actually seen accountability for votes cast in a shareholder vote?
Look at the Articles of Association of a typical company and you will find that they count hands raised!
Posted at 16/7/2019 09:40 by smithless
So have enough cash for the next 10-12mths, but decided to delist. I can only conclude that new business wasn't converting from the pipeline, as was promised, at last fundraise and old and new investors just don't believe management anymore. With some decent newsflow, this would be 20p, but reading between the lines, revenue has deteriorated since the trading update. Yes, it's heading for insolvency and even it survives, current shareholders will be diluted to nothing and no one will have a clue whats going on in the business. Either Richard Griffiths was closing a short on this one when he acquired his holding or more likely he just lost £2m+. The whole thing smells of usual aim poo.
Posted at 16/7/2019 08:16 by brownie69
Basically its a form of theft.

The lack of newsflow and trying to get interest amongst investors suggests they have been working on this for a while. They will now have this high growth business all to themselves. The only hope would be if enough shareholders vote against. I know I will, but I dont know if there is enough of a free float to stop this scandal.

The other thing is to avoid the directors in future who have overseen this. Maybe en grounds for reporting them for fraud. No doubt they are being "looked after" in this sorry affair.
Posted at 14/6/2019 09:56 by smithless
Also on my watch list and remains so. It currently has about $8.5m cash left (near current mkt cap) if no cost-cutting measures have been taken. Really need to get a lot of news flow into the market asap. Surprised Richard Griffiths has such a large interest in this one - reason it's on my watch list - as he's quite a recent investor and isn't daft. Very tempted at this level, as any decent news will see it back to 15p quickly IMHO
Posted at 30/7/2018 15:37 by hausofmaus
(From Friday 26/7/18)

...there remain some standout opportunities for investors when it comes to UK companies, according to Cantor Fitzgerald Europe, particularly further down the market cap spectrum.

Below, analysts at the group identify their highest conviction stock ideas for the second half of 2018....

Kevin Ashton, technology analyst – chosen stock: Albert Technologies

Market cap: £40m

Current share price: 38p

Target price: 80p

"Albert is the first mover in the field of AI-based marketing automation. It has built a game-changing AI/ML based Virtual Campaign Manager that optimises a campaign's return on investment in a way far beyond the capabilities of a human operative, and at significantly lower cost.

"With ad-spend coming back in house as brands reclaim their data, the market backdrop could not be more propitious. Albert has seen a significant ramp up in MRR over 2017 coupled with further contract and pilot momentum in 2018."

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