akaaur, can you ask Mr Winks:
1) why on 27-9-2011 he and Mr Pearson announced through RNS that they valued the 'goodwill' in Adventis Coltman Ltd at £3,254,000 but ten weeks later they sold it for £0! It only had 2010 earnings of about £100k yet they valued this struggling people business on a p/e of 32! It looks like they misled the market by inflating the valuation in a dishonest desperate attempt to increase the sale proceeds. 100% failure!
2) do they plan to issue another dishonest over-valuation of the tech subsidiaries in the 2011 accounts, for the same desperate reason?
3) does he expect the liquidation deficit to be more or less than -5p? |
i apologise, guys just ignore my previous comments im not implying anything, until 2 days ago i couldnt get through to that number, today i did, il be phoning later on, when nick winks gets free |
akaaur, As much as I disagree with Silkstag, you can't really post blank comments without backup unless you are prepared to back them up! |
i dont wanna imply anything as i might breach fsa rules lol, you got the number |
'results soon', well 'soon' really clears that up. Any explanation why they missed 'early June' and why the AGM will noe be after 30 June? |
you can get some info from second2 and bchannels, regarding sale, bchannels are hiring |
speaking to a pearson as we speak, we expecting results soon, but trying to get more info regarding future plans of company, |
What did they say then Akaaur? |
oh be quiet, serious matter, lol, |
when i mean A Pearson - finance director i dont mean a person lol |
silkstag obviously, they wont say anything, i just wanted to know whhy results werent out, u didnt think they were gonna tell me about whats going on regarding sale or admin did
what did you ask the lady on the phone |
didnt they tell you to talk to apearson, as nick winks in a meeting |
akaaur, i just received an email from a shareholder which says "that is their head office number and nothing is happening". You are a sick puppy! |
What have I said that isn't the truth Silkstag? Are you moderator of this board now? |
What's interesting akaaur, have they said something? |
guys phone on 01494731600 - adventis group interesting |
SilkStag, You're verging on Obsessional. It's the same on your III username Captain Multibag. |
akaaur, you are so careless, I posted from the 20 January 2012 and 10 May 2012 RNSs which are on my hard drive. The 31-12-2011 ATG accounts have missed Winks/Peasron publication dates twice. Fact! Why do you think they are late again? |
silk stag your so funny, from all your detailed previous posts, you mention rns expected april 2012 last, lol
amateur, stop copying and pasting from iii |
Give it a rest Silkstag. You're so boring! |
 20-1-12 RNS "The Board expects to provide a further update on trading at the time of the announcement of its preliminary results for the year ended 31 December 2011 which is expected to be released in April 2012". Oops!
10-5-2012 RNS "The Company expects to release its preliminary results announcement for the year ended 31 December 2011 in early June 2012." Double ooops!
ATG 2011 accounts may be delayed by wrangling with auditors. They know these are the last accounts before liquidation so will be nervous. Winks/Pearson will want to over-value the tech subsidiaries and the auditors should issue a 'disagree opinion' but might cheat and issue an 'uncertainty opinion'. Some posters asked about the import of 7 June. I posted on a different thread on ADVFN on 8 June:
"ATG failed to issue prelim results to 31-12-2011 by 7 June 2012. Thus no AGM by 30 June [must give notice of 21 days +2 days for postage]. AiM Rule 19: "An AiM company must publish annual audited accounts which must be sent to its shareholders without delay and in any event not later than six months after the end of the financial year.
I have never seen an AiM company fail to have its AGM, at which the accounts are laid before shareholders, within the six months. This delay is another HUGE sign ATG shares are worth 0.000000000p.
...the director's statement of affairs for the Administrator or liquidator will show a multi-million pound creditor deficit so it will be clear the shares are worth zero pence in all scenarios". |
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