Alexander David Share Discussion Threads

[moreforus] 24/5/2011 16:12

there is only stock to buy when someone sells...

[knowing] 24/5/2011 13:03

Don't know but seems to rise on every buy

[grlz] 24/5/2011 11:20

3 days of rises on light trading, could be a news break about to happen.

[knowing] 24/5/2011 07:23

Yes a few people buzzing around this one now. Could get quite interesting.

[grlz] 23/5/2011 16:28

knowing - looks very interesting at these lvls, a lot of interesting share price activity going on ;)

[knowing] 23/5/2011 15:46

100K on offer but they will take 3M off you

[tomboyb] 20/5/2011 18:26

Well knowing £1.7mill converted at ORD into preference shares gives 1.7billion shares that if desired can be converted to ORD. Effectively the ORDs are worthless - I'm not sure why the admin expenses are so high here But dyor if you can work it out.

Or maybe you can enlighten me why you think its worth a buy at these levels?

[knowing] 20/5/2011 18:21

GRLZ looks interesting at these levels. Are there a lot of stale bulls here? LOL

[tomboyb] 20/5/2011 17:21

"In June 2010 93 per cent of the Company's subordinated debt holders by value accepted an offer to convert their debt and accrued interest totalling £1,723,866 into preference shares at par (see note 19)."

They probably needed to do that for the buisness to survive - But does that not make the equity worthless?

[induna123] 20/5/2011 17:09

They probably need a fund-raising here too. Last set of results set it out. Turnover increased by 12%? Big deal. With £2.8m admin costs, they aren't making any profit.

Current Trading

Trading in the first quarter of 2011 has been in line with our internal forecasts with turnover increasing by 6% on last year from GBP766,000 in 2010 to GBP811,000 in 2011. Cashflow forecasts prepared by the Directors indicate that the Group will be able to operate within its resources for the coming year assuming levels of income and expenditure consistent with current levels of activity. As ever, while the private client and the corporate retainer income is reasonably predictable, the Directors continue to make certain assumptions as to the timing of corporate revenues and placing income, which is by its nature difficult to predict.

The business continues to have a strong pipeline of corporate revenues with specific mandates however shareholders need to be aware that the market climate can be difficult and income may arise earlier or later than expected and may not occur at all. The Directors are confident though as the corporate revenue pipeline is strong and new transactions are coming to the Company as it has been developing its brand over the past four years.

[share_shark] 20/5/2011 15:11

check out ADI..crazy but ist up too AND they are after more money from shareholders !. Work that out because I simply cannot.

[grlz] 20/5/2011 15:10

Maybe some news brewing?

[induna123] 23/3/2011 14:57

More selling. Beginning to think I've bought into a dud stock here. Looking at the last set of results the company was barely breaking even with such high admin costs. They did a fund raising back in December but after paying off £250k for the aborted takeover of HB they would only have £100k left. Have a feeling another cash call may be on the cards.

The Company is undertaking a conditional placing (the "Placing") to raise
GBP365,000, by the proposed issue of 132,727,270 new ordinary shares of 0.1
pence each ("New Ordinary Shares") at a price of 0.275 pence per New Ordinary
Share. The funds will provide additional working capital to the Company to
enable it to pursue its growth strategies and to facilitate the payment of
accrued adviser costs estimated by the Directors to be GBP250,000, a significant
proportion of which were incurred in relation to a potential acquisition that,
as announced on 12 October 2010, is no longer being pursued.

[induna123] 23/3/2011 13:21

We need some news here. The share price has drifted back to level it was in December. People getting impatient and selling. We need news on the acquisition that was talked about and is there a connection with sister company ADI? What deals are being looked at?

[lean5gb] 11/3/2011 16:16

...if he is, then I'm changing my team support....;)

[bongo bwana] 11/3/2011 07:10

Is PL a Yid?

[mryesyes] 10/3/2011 18:14

its just a listing by 2 jewish guys who will be selling more of these

[asmodeus] 09/3/2011 16:21

A million ADI just traded at 0.3675!

[inspirational] 06/2/2011 21:18

Investing Portfolio is now Live!

[share_shark] 29/1/2011 13:49

Hi again. Taken from an AGM report yesterday and courtesy of a RGT shareholder ,who posted his views.


Courtesy of Asmodeus on the RGT thread.

asmodeus - 28 Jan'11 - 21:19 - 56621 of 56629


As already said, to my knowledge, the only ADVFN followers there were Stav and I - amazing! And there was no sign of anyone from The Press. All other Directors were there, except Peter Garrod. Before the main part of the meeting there were excellent presentations from David Scott of David Alexander and then Tim Shilton of NewCo. I was very impressed with David Scott. Clearly, he knows the oil business, amongst others. He explained that they knew Regen needed cash, and AD wanted a cash shell to exploit believed opportunities in the oil industry. So they came up with the proposal about which we know.

ADI's policy will be to be a "passive investor" in small-caps and special opportunities, mainly, but not only in oil and gas, across the world. They look for companies with proven management, growth prospects and a need for cash. None will comprise more than 15% of NAV. He showed graphs showing how oil indexes are on the up. Then a long list of previous and current investments by them, including, I noticed, £125,000 put into RGT on 19th January 2010, said to have risen 10%. The vast majority are showing increases of anything up to 179%. He said there is a possible need for further funds. The £1m net from the £1.5m just raised will not be enough, but was the minimum required to do the deal, and maximum to make sure of it being raised. His hope is that future performance will encourage the raising of more funds when needed.

Then Tim Shilton, about whom I was also very impressed explained, with the aid of a visual, the advantages for NewCo over Regen, as it has been. These are: Reduced overheads (Percy later said by £300,000 p.a.); all debts settled (including filtration unit); retention of Patents; short-term finance (£240,000) secured; potential for "non-CLN" products; Dr Kruzel's expertise retained; retention of existing customers and prospects; be a private Ltd company, but with trading facility (Jenkins); and with "exit potential" by takeover or IPO. Plans for the short term are: to secure new licences; assist existing licencees; to increase revenue (perhaps manufacture own tablets?); closely monitor cash-flow (Norman Lott); and there will be regular shareholder updates. And they will retain most, but not all, the brought-forward losses. Lohger term plans are: To add new products where existing distribution can be used; to create value and "exit opportunities" (trade sales and IPOs); metagenic to re-launch "in the near future" with one-a-day regime. He said things are gradually moving in Cyprus (had problem with tablets, now resolved, I think), Poland, Turkey, India, South Korea (awaiting regulatory process), S.America (Framingham), Middle-East, N.Africa, and China, where such things take time, but
are still moving.


He assured us that they will retain the same website (modified); there will be regular trading updates; Email contact with shareholders; clarification announcement, 6 monthly reports , an AGM and other adhoc meetings.

After the formal part of the meeting, where all resolutions were passed, not only by a show of hands but with proxy votes of about 4m in favour and 69k against, Percy and David took questions for quite a long time.

I think the most important things revealed were (1) there have been sales and "repeat orders" since the last report, but the figures are not permitted until the next audit. (2) The Directors are not getting, or claiming back-pay for the years on half-salary, Percy said. The cash and share-options etc., are for contract termination, (The warrants at 0.01p are all to do with their tax situation, too complicated for me to describe).

Finally, I have to say that Percy was quite obviously gutted at losing what has been his project for 9 years, and in which he has invested £750,000. He said there were tines towards the end of last year that he almost decided to let the Company fold, because it was becoming impossible to raise finance. He believes he has done all he can, now to enable his dream of distributing a product that might help alleviate or delay the terrible disease of Alzheimers,

And it sickens me that so many people on this Board have called him a liar, a crook, and worse, but were not prepared to take a day off to see, hear and talk to the man, and his colleagues themselves. It was a pleasure to meet Stav, who put forward some excellent views and some really positive thinking, and I think he agrees that we now believe the future for NewCo - and quite probably ADI as well, has a real chance of making amends for the past.

I hope Stav will make his own comments, and corrections in due course.

[share_shark] 23/1/2011 11:49

Hello guys and gals,

Am one of the poor RGt shareholders but have been watching here very closely and with some considerable interest.

Will try to get up to snuff here, asap too.

Was about to buy shares in an oil company,next week and would usually ask my trading partner his advice first but since he has fallen out with me over the RGT deal,I may well have to make that decision myself. ;-))) So,it may well be 50% here and 50% in that oil company.

Any kind person here,prepared to advance their views(both negative and positive) on the RGT deal etc.?.

Many thanks in advance.

SS.

[induna123] 20/1/2011 11:46

Tick up on one trade. Shows you how fast this can move.

[induna123] 17/1/2011 13:19

Really strange this one. Sells go through and it goes up!

[induna123] 17/1/2011 08:21

Where's comedy? What do you make of this link with ReGen? Deciding whether or not to buy some more at this price. Went as high as 1.2p last week.