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AMT Amstrad

149.50
0.00 (0.00%)
20 May 2024 - Closed
Delayed by 15 minutes
Amstrad Investors - AMT

Amstrad Investors - AMT

Share Name Share Symbol Market Stock Type
Amstrad AMT London Ordinary Share
  Price Change Price Change % Share Price Last Trade
0.00 0.00% 149.50 01:00:00
Open Price Low Price High Price Close Price Previous Close
149.50 149.50
more quote information »

Top Investor Posts

Top Posts
Posted at 05/7/2007 16:26 by jtcod
I'm no TA investor but isn't that a perfect double bottom 'W' forming on the graph?;-)
Posted at 28/6/2007 21:33 by weatherman
AMT should be held up by the dividend that is currently about 5.7%

Sugar doesn't seem too bothered about keeping investors informed, but he is bothered about his dividend flow.
Posted at 25/6/2007 16:43 by brando69
investors who bought in in high 100s or 200s thinking this was a safe isa investment must be raging.

meanwhile sir alan and his new protege plan to build the most expensive office in london.

talk about fiddling when rome burns

LOL
Posted at 25/6/2007 15:22 by spob
Apprentice sets out to smash rental record

Hugo Duncan, Evening Standard
19 June 2007, 9:06am

Sir Alan Sugar and his new 'apprentice' Simon Ambrose are planning to build London's most expensive office.


The entrepreneur is weighing up a £100m-plus bid for the north-east corner of St James's Square through Amsprop, the property firm Ambrose joined last week after Sugar named him winner of hit TV show The Apprentice.


It is one of the most exclusive areas in London and a favourite of cash-rich hedge funds, investment boutiques and private-equity houses as they vie for the most prestigious offices in the capital.


After the site is redeveloped, it is expected to smash the world record for commercial rent set at nearby 77 Grosvenor Street, where Icelandic investment bank FL Group recently agreed to pay a staggering £120 per square foot.


Property sources said its location makes it one of the most important office developments for years. It will challenge other new West End sites including a seven-storey development overlooking Hyde Park at 49 Park Lane, next to the Dorchester Hotel.


Sugar, who has a fortune of about £830m, is among the front-runners in the race for the 80,000 sq ft St James's Square site, having looked around last week, but will face stiff competition from British and foreign investors.


He made his name selling electrical goods through Amstrad, but most of his wealth now comes from Amsprop. The firm, run by his son Daniel, already owns a number of properties in Mayfair and is also thought to be interested in Tiffany & Co's landmark jewellery store at 25 Old Bond Street.

Hermes Real Estate put the St James's Square site up for sale earlier this month. Planning consent has been granted to knock down and replace 8 St James's Square and 7 Apple Tree Yardwhile Grade II-listed 7 St James's Square will be refurbished.


Prices in Mayfair and St James's have rocketed in recent years amid booming demand and tight supply. Planning laws and space constraints limit the number of new buildings coming on to the market, which has helped make London the most expensive city in the world to do business, with rentals in the capital far outstripping what firms pay in New York or Tokyo.


Sugar chose Ambrose, 27, to join Amsprop in the final of The Apprentice last week. He beat favourite Kristina Grimes and will now train as a surveyor while working for the firm. Among his tasks will be a hotel and golf development near Stansted airport.
Posted at 13/6/2007 00:49 by jtcod
Darrin
I will have to go back over everything I read on the company before buying but I know I read somewhere: "the last delay was waiting for a new piece of software to arrive" I believe it was either a straight quote from the company to market or an Analyst note. Will come back to you Darrin on that.

"It still sounds pretty basic stuff"
Most of my long term friends have worked in IT for most their working lives, from Digital to IBM to Compaq to Capita to Hewlett Packard to BT to Dow Jones. This box of tricks just doesn't sound particularly clever to me. That's all. I know it's breaking new ground but it's not that intelligent imo.

"I don't really like techy stuff"
Most the economics of such businesses are inferior to other sectors. It's my investment preference to avoid hardware tech as a norm, however AMT have excellent cash resources and are on a low PE ratio when the cash is stripped out. They also have an impressive 5 year balance sheet progression. The Ben Graham investor in me couldn't resist.;-)
Posted at 02/6/2007 14:59 by darrin1471
I do not hold shares or short AMT. I do hold PIC. I expect AMT to double within 12-24 months but it may fall further before recovery.
JTCod: You know better than most that investor value is not the only way to value a share. Twelve months ago Pace's market cap was £115m. An 80% rise in share price negates any concerns I have about asset depletion.
12 months ago AMT net market cap was close to what it is now yet this did not result in a positive revaluation. AMT's share price has been closely linked to its contracts with Sky and Sky Italia and this is likely to continue in the immediate future.
PIC's valuation and rising share price is based upon the new contracts it is winning with Pay-TV especially in the US. PIC has prioritised gross margins over the next few years and if they succeed then they will have a lower forward p/e than AMT.
AMT has very high gross margins on Sky stbs but has not got a history of producing cutting edge products like MPEG4 stbs. Can AMT continue to win business from Sky and achieve the same high gross margins?
Posted at 04/4/2007 14:00 by darrin1471
I am tempted to blame it on the quality of the contestants on the Apprentice.

I think there is a misunderstanding among investors and the press in regard to what AMT are designing for Sky. All the talk refers to a HDTV PVR. If you look at the AMT interim statement, it is talking about two products, not one. "Deliveries of an HDTV PVR box are due to commence in the second half of the financial year. We are in the final stages of developing a new PVR box which should leave us well placed for the future."
AMT's original statement in July 05 said "Amstrad PLC said it has agreed to develop and supply a new PVR set top box with BSkyB, adding it will sell "significant volumes" of the new product in the year to June 2007"

I believe AMT have two products for Sky. First the MPEG4 HD-PVR which is an advanced product, only made by a very few companies, all who have struggled to deliver with much larger R&D budgets than AMT. There could be further delays here or Thomson who has almost a years experience of deployments could have undercut AMT's price.
Secondly I would speculate, based upon AMT's and Sky's statements that Sky requires a Hybrid IPTV PVR stb like the BT Vision product. This I believe is the new PVR that was originally talked about in the July 05 statement. This is also a technically complicated stb whose mass adoption is potentially restricted in part by the broadband network. Other delays may occur due to Virgin's and others complaints to Ofcom about Sky's proposed withdrawal of Sky programming off Freeview.

Declaration: I only hold shares in Pace and follow Amstrad Amino and ANT waiting for investment opportunities.
Posted at 23/2/2007 08:42 by netcurtains
I bought at £1.60-ish (and got the large dividend).
I'm hoping for £3 in a year or two plus all the big dividends on the way.
Its in my PEP / ISA so its all easy money.

I'm not a BIG INVESTOR as of course "hi-tech" has its BIG ups and downs.
But its obviously a good bargain at these levels (under £2.50). Nice profits, nice dividends and low price, what more can an investor ask for?
Posted at 21/2/2007 16:27 by power
GRIM shore. What a strange reply from a self styled investor, ratifies you're a prat. I guess you are an employee of Sugars beleagured firm, so pop off and clean my shoes as well please.
Such inane replies indicate you're an insignificant investor, whose investment is so small as to be irrelevant to anyone. . I have more invested in this drab firm than your home cost. I suggest your time would be better spent reading and learning from the odd good post that intelligent people have kindly researched and given time to writing. Have you checked your premium bonds recently.
Stop filling the thread with garbage.
Posted at 25/1/2007 16:29 by gerd212
"Prime examples of the recovery stocks thrown up by our research in the past 12 months include Coffee Republic, which has benefited from a change in sentiment brought about by a change of management. Others include Renew Holdings, where a change of management and strategic focus has also brought about a strong recovery in trading and its share price, and Tanfield Group, where a company-transforming acquisition has also transformed its share price.

So we have trawled the lower reaches of the Aim and main market again, to find six stocks with recovery potential for 2007 and beyond. These stocks have different characteristics, which means each will have its own recovery timeline.

Amstrad
Alan Sugar's electronics business is, like the man himself, a market survivor. It has been through its fair share of peaks and troughs over the years, riding the notoriously cyclical nature of the consumer electronics sector. Amstrad's e-m@iler, a home telephone with internet capability, has come in for some sustained stick over the past few years. But stocks have now been cleared and, although sales were well short of the initial 1m target, the e-m@iler is still generating £7.9m in annual revenue.

On top of this, the company's set-top-box business has suffered a lull this year as the market matures and consumers wait to shift over to high-definition boxes, which should be available later in 2007.

In the meantime, though, Mr Sugar has shown his willingness to keep investors on-side by paying out a £30m special dividend, announced in October – but even after this, the company has a healthy cash pile somewhere in the region of £20m. Earnings per share are still rising and, with Mr Sugar retaining a 28 per cent stake in the business, the dividend is always likely to be healthy. So while the share price has been punished by the slowdown in sales of set-top boxes, slipping from 200p to 150p, history suggests Mr Sugar will drag Amstrad back once again. "

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