When I first saw SilkStag's posts I thought he was deramper. There are many on these boards and the difficulty is working out who is genuine or not as so many posters seem to have agendas etc. Anyway as he posted some more I thought he was different and totally genuine as he was so specific with his calculations. I know they say you should never listen to other posters etc and DYOR but I (and it seems most posters here) could not get a grip on the balance sheet and the figures. Therefore SilkStag's research and his posts were invaluable to those who read and absorbed his posts.
I think if posters were a little more honest on these forums and not so self interested, good research would be more appreciated and acted upon. I also reckon shareholders would be more united and act together to campaign against these stitch ups as PLUS shareholders are currently doing.
Anyway - a lesson learned here. For some an expensive one and for others, a lesson in integrity hopefully. |
Think the 1 million sale at 1p when it was 1.2p bid was a insider, after that
you could not sell until it went back to 0.9p |
Loverat, alexi5 and 27howard, thank you. Winks/Pearson misled the market repeatedly, creating a false market in ATG shares. They should not have deceived any people, including you, into buying ATG shares at any price.
"It is now clear...net proceeds will almost certainly not be sufficient to repay in full the Company's bank debt and other liabilities...Directors consider that it is probable that there is no value in the Company's ordinary share capital...Directors will reconsider the position taking account of the ability of the Company to pay all creditors which will include consideration of an insolvency process".
'now' in 'now clear' is another lie. This was clear to Winks/Pearson on 10 May 2012. It was clear to me before then, having worked out the numbers, they had them in front of them.
Shares worth 0.00000000p, rounding up from -4p to -8p being the ballpark creditor defciit on liquidation. |
You were right, SilkStag. It looks like you were being altruistic after all. I sold previously but have been watching ready to jump back in. Something my dad (RIP) advised me about buying shares was 'don't take any notice of what the company tell you!'. ATG was bursting with confidence that it could cover the bank debt and more by selling the techies. I hope people did not lose more than they could afford - put it down to a learning experience. Alexis. |
As well as congratulating SS there should be an investigation by the FSA and ADVFN does not come out very rosy either!
This thread was started when SS was predicting failure on the other thread and was a blatant attempt at ramping. SS stated some time ago that the company was trading whilst insolvent and to my mind that is fraud! Come on FSA do your job.
I have to say the club got out at a loss in January on a small spike. I have to thank SS for that warning and analysis which saved us a considerable sum. |
SilkStag
Owe you a drink as well, took your advice and took the hit on that 100k I bought.
You saved me a few quid, to me it was always a coin flip but in this market it was £1000 I could not afford to lose. |
Good call SilkStag.
You hopefully saved some folks a few bob here. The lucky ones sold in the first few minutes of the RNS. |
PEOPLE CANT SAY THEY WERE NOT WARNED |
 Update on proposed sale of Technology division
Print
Alert
TIDMATG
RNS Number : 2897F
Adventis Group PLC
13 June 2012
13(th) June 2012
ADVENTIS Group Plc ("ATG.L")
("Adventis" or the "Company")
Update on proposed sale of Technology division
Further to its announcement on 10 May 2012, Adventis provides the following update on the proposed sale of its Technology division.
The Company has now concluded a structured process to elicit offers, subject to contract, for the Technology division. Indicative terms, which are subject to contract and therefore not legally binding, have been agreed with the preferred bidder and the Board hopes to finalise and exchange conditional contracts for the sale of the Technology division within the next few weeks.
It is now clear that, even if conditional contracts are exchanged with the highest bidder in line with the indicative terms, the net proceeds will almost certainly not be sufficient to repay in full the Company's bank debt and other liabilities and therefore the Directors consider that it is probable that there is no value in the Company's ordinary share capital.
A sale of the Technology division would be subject to shareholder approval. Therefore, immediately following exchange of contracts, shareholders will be sent a circular containing notice of a General Meeting at which they will be invited to vote upon the disposal.
Following exchange of contracts for sale of the Technology division, the Board of Directors will reconsider the position taking account of the ability of the Company to pay all creditors which will include consideration of an insolvency process.
Announcement of 2011 results
The Company is working with its auditors to enable them to conclude the audit for the year ended 31 December 2011 and to finalise the form of their audit opinion and expects to release its final year results shortly.
Enquiries: |
Who ramped this then??????
It is now clear that, even if conditional contracts are exchanged with the highest bidder in line with the indicative terms, the net proceeds will almost certainly not be sufficient to repay in full the Company's bank debt and other liabilities and therefore the Directors consider that it is probable that there is no value in the Company's ordinary share capital. |
Jonyjackles British Bulls is otherwise known as British Bulls!it. Don't believe what they write. |
British Bulls have removed their BUY CONFIRMED to a SELL IF! wonder what this means????? |
someone smells desperate guys,multiple accounts spread on different bb,s now i really wonder why!
the thing is stag knows there a droves of gullible bb users who dont have a clue about reporting periods etc and this is the ammunition tactically used to drive micro caps in shorters favour,or also the other way,these human ticks can also damage small companies by preventing private investment,im sorry to say its society i hope they can sleep at night.
for what its worth i think this update due will have a very positive slant,yea i know but Adventis is marketing its tech businesses,FOR SALE,it will want to generate maximum impact/interest and a nice set of figures for potential buyers to brood over,i expected the trading update to drag into june as the company then can provide better guidance on expected revenue/profits for the interims.
please make your own judgements thnx |
silkstag look at your posts, you keep i did this i did that when its all copied, your talking about things being covered up, why dont you just send all this to the fsa,
it clearly shows what you doing here, if you care for us investors that much post this tricks being used to fsa, and let them deal with it |
LOL! Captain Multibag. Posting the same stuff on iii. |
tasty stuff rachit, well done, if that doesn't reassure people that numnuts is posting fictious dates don't know what will!!! |
UKMassy the rule is simple,an Aim company must publish accounts no later than 6 months after the accounting period ends.
so lets keep it simple for analists like stag ATG yr end 31st Dec,so 6 months after that at the latest is end of june,so the b*llox 7th of june is a shorter scare tactic,see for yourself fellas
see part 19
someone actually rang the company a couple of weeks ago,the reply was correct the accounts will be published by june 30th,i would not expect a recptionist to know when results would be published exactly, but they are correct june 30th is latest publishing date so rest easy guys/gals go with your gut on this one and dont be coralled by the shorters.... |
Guys does what he says about the accounts needing to be published by June 7th under Aim rules have any truth to it? |
a quiet day on here after yesterdays excitement,expect the bashers to try and pound us back to ride another little wave,should all be futile when trading update arrives. |
the stag doing overtime today,what a way to make a living.
good luck akaaur if you get through to the ceo.
i have to agree with you jonyjackles,stag creates these "blackholes" to suit his trading....as he gets more desperate they get bigger.....i see we are still not de listed as stag promised,you will also see post these results a period of quiet from him while he cooks his books for another short attack...highly amusing a desperate daytrader come samaritan....lol |
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