Auction Technology Share Discussion Threads

[digitalis] 04/5/2012 14:01

lol....now now stag isnt it falling fast enough for you?.....where are the sellers?....22mil shares out there to be dumped but only managed 95k today £3k,s worth yawn....must try harder....

[digitalis] 04/5/2012 13:56

"perhaps" bp....the volume does not indicate that imho....the annual accounts were seen by management in late dec thats why we had an upbeat trading statement...so no secrets there,we just need detail on this half trading....the longer it goes on the fuller the picture that will emerge imho


atm a few shorters in charge but they will have to buy back....





oh and i also think that hurdle share incentive above 3.75p is very encouraging for management....

[bubble pricker] 04/5/2012 13:16

digitalis, you have your head in the sand. The annual accounts are late. That is almost always a bad sign. The share price is suddenly dropping, perhaps some bad news has leaked out.

[digitalis] 04/5/2012 11:18

well i will beg to differ stag....today for instance 2ks worth of stock take the company valuation 100k lower...lol

i see it for what it is,scaremongering by a few shorters


oh and i am expecting a positive trading update with the yr end numbers continuing where the management left off on jan...but that is just my opinion of course...the update could come anyday and if it even whiffs half promising i dont need to explain what that could do to a lift in the stock....

[silkstag] 04/5/2012 10:43

Digitalis, you seem a bit dim. If the facts point to share price growth then it is a share buy. If, as with Adventis, it screams share price collapse to 0p, then short is right.

My slating of shorters on EPO yesterday was because they were belittling a new client partnership the company announced, suggesting it was nothing. I thought those posts were pathetic as that new client/partner, Fiserv, has market cap nearly $10 billion and it announced the deal through Nadaq, thus proving the deal was material to them. Those facts prove it is a huge deal for EPO, thus for shorters to post otherwise on that topic, was 'pathetic and shameless'.

I have nothing against short or long investors who post fair comment. I do my analysis and invest long or short accordingly. That is logical.

Digitalis says; On Second2 "There is further deferred consideration of up to GBP4.0 million...sorry i should have said upto £10.5mil"

Silkstag said: "Adventis 2008 accounts show Second2 aquisition was £5.8m. Split £3.5m upfront plus £2.3m deferred contingent consideration, subject to meeting targets, which expired August 2011. Digitalis' £10.5m is a fabriaction".

Silkstag adds: "Adventis 2010 accounts show extra expected earnout on Second2 and bChannels total £1,092,000. We dont know the split, assume Second2 is £0.3m in each of June 2012 and June 2013 ie not material to a jump decision, especially after June 2012. Total expected Second2 acquisition cost according to Winks/Pearson will be about £5.8-£6.5m. After June 2012 management hold the whip hand and the exit deal will be ugly. I still see no propsect of the mounting unsecured creditors across the Adventis group being paid in full and they face heavy losses. Shares are submerged and 0p is only possible outcome imho."

[digitalis] 03/5/2012 22:15

And of course not forgeting the senior managements new share hurdle reward scheme implemented last yr.....could make for some interesting moves....all in my humble opinion!

page 13 PDF rsolution 9

[digitalis] 03/5/2012 21:51

you need to decide which side of the fence your on stag.....you think shorters are scum but earlier you were promoting the activity with bp


EPO with Charts & News - EPO
SilkStag - 03 May 2012 - 12:24:46 - 8283 of 8294

Shorters are pathetic and shameless.




SilkStag 3 May'12 - 15:32 - 316 of 336


BP, thanks for swift feedback. I have been told no CFD on ATG by a few of the usual CFD suspects. Good that your broker has done you a solid.











analyst trader,a bit long and a bit short......im sorry too confusing for me

[digitalis] 03/5/2012 21:39

so AP/GDO turning the corner too from above....

[digitalis] 03/5/2012 21:28

....not quiet over for second2 till 2013 stag....so not entirely accurate....come on your the analyst...im only a babbler...lol

There is further deferred consideration of up to GBP4.0 million, which may be payable based upon
the achievement of certain profit growth related criteria in each of the next five years, to be satisfied annually as to 50 per cent. in
cash and the balance payable in new ordinary shares in Adventis.


sorry i should have said upto £10.5mil.....




oh and "as an analyst" do you have clients?...just out of interest you might be shaking the adventis tree to benefit someone?....surely you are not here to save us all like a good samaritan AGAIN?.....



"Also staff moved to new offices with cheaper rent still have that new rent to bear."


you are confused again stag....its GDO that were moved from 95 WIGMORE STREET LONDON to less expensive hq not the Beaconsfield staff...



Property
The Group's creative property marketing agency, GDO, has been stabilised and relocated to less expensive and more suitable premises in the period. We expect GDO to be modestly profitable in the second half year.

[silkstag] 03/5/2012 21:10

Digitalis says: "i have just checked the financial statement 2010 signed off by Winks/ Pearson from webcheck/comphouse,nothing in the 49 page document directly mentioning Savills......i take it analysts have another set of financial statements....lol".

Silkstag says: "It is note 29 on page 45. As an analsyt I know that this disclsoure on how Savills axed revenue to the Adventis Property division from 2007 to 2010 is a Company's Act obligation so appears every year, even though it is painful for Winks/Pearson."

Digitalis says: "the huge costs you ramped for HQ....i then enlightened you the 2nd floor was let and had been for a while so could in theory halve rental?"

Silkstag says: "My numbers were based on facts as usual. Note 26 on page 43 sets out the lease obligations, inclduing HQ Adventis House. £255,000 pa until at least April 2017. Winks trading statement said this rent was top-of-market so a sublet (of half of it) would likely involve a loss every year until 2017. Also staff moved to new offices with cheaper rent still have that new rent to bear. So rent costs dont look like having halved, albeit more rent will be charged to trading subsidiaries rather than to central costs, so Winks/Pearson can preteend they have cut a lot out of costs".

Digitalis says: "second2 was worth every penny of its £10.5 mil aquisition"

Silkstag says: "Adventis 2008 accounts show Second2 aquisition was £5.8m. Split £3.5m upfront plus £2.3m deferred contingent consideration, subject to meeting targets, which expired August 2011. Digitalis' £10.5m is a fabriaction".

Silkstag prediction: "Second2 management are now out of deferred consideration period, so they will be looking to buyout their company for peanuts and/or jump ship and put Adventis over a barrell, like the other subsudidary management did. Thus whatever Second2 is worth, most of that value wll end up in the hands of management not Adventis shareholders - who will be left with all Second2 creditors, just like the other 'barelling' Adventis got. I dont say this with glee, it is just what always happens in distressed marketing groups, the rainmakers walk with the value. I think the shareholders were fatally wounded under Phillpot regime. This is a Zombie Administration. Target share price 0p".

[digitalis] 03/5/2012 19:28

sleep well.....long and strong....

[digitalis] 03/5/2012 19:27

i have just checked the financial statement 2010 signed off by Winks/ Pearson from webcheck/comphouse,nothing in the 49 page document directly mentioning Savills......




i take it analysts have another set of financial statements....lol

[digitalis] 03/5/2012 19:15

you skip over the stuff that i proved you had not researched properly,like the huge costs you ramped for HQ....i then enlightened you the 2nd floor was let and had been for a while so could in theory halve rental?....its not rocket science but you do try to blind people with science when common sense can prevail and make you look silly as an "analyst".....lord help some on the recieving end of your un tuned research...

[silkstag] 03/5/2012 19:05

Digitalis, you are wrong again. I took the 2009 number, guess what, from Adventis 2009 accounts. Guess what, it is the same number shown in the comparative in the 2010 accounts signed by Winks/Pearson. £2,409,126. The 2010 number I used was the Adventis number that Winks/Pearson signed. That is the correct source, not a tweak.

Now I understand why you hve been babbling about 'exponential' growth, you have either miss-extracted the 2009 number from Savills accounts or have been misled by Winks/Pearson sending you numbers which contradict the Adventis 2010 accounts (with 2009 comparative) which they signed!

These Adventis numbers are not on any 'link' as Adventis dont disclose the related party note in their prelims, unlucky. It is in all the full year signed published accounts, which as an analsyt I collate on my hard disk year by year. As a fly-by-night-babble-merchant, you can go to the Adventis website and download them. There is no denying your numbers are wrong and mine are right. You are just serially embarrassing yourself.

[digitalis] 03/5/2012 18:52

stag thankyou for that...you are 200k out for 2009...i suggest you tweek that too....



never in any of the trading updates have we been led to believe ap marketing/adventis property would be a big money spinner....i suspect because its breakeven/minute loss they dont need to dump it,and the property division could perk up as the market improves?...we wont know that till next results....


but i agree it was mamed.....


onward on upwards stag!....have a good evening....



oh anyone looking in here if you want some good numbers to read download the second2/bchannels ltd accounts from companies house....second2 has been keeping a large portion of adventis afloat imho pre waypoint change.....very reassuring its rockin&rollin along with bchannels....nice


second2 was worth every penny of its £10.5 mil aquisition...bchannels coming a close 2nd...

[silkstag] 03/5/2012 18:48

Digitalis, I have just noticed a funny one liner in you post:

Digitalis says: 'you are also inferring Savills are telling porkies about their 2010 spend in your homemade list?" and then you quote the Savills 2011 accounts which say '£2.7m' spend on Adventis as the comparative for 2010.

Silkstag says: I took my numnber of Savills spend on Adventis from the Adventis 2010 accounts that Winks/Pearson signed. It says £2,805,828. The difference is £0.1m which is small (although careless), so it is funny Digitalis started to allege my list was 'homemade' and Savills were telling 'porkies'. What a drama queen!

Anyway the Adventis Property division is plainly worthless, based on its reported ongoing small scale and operating losses, so precisely how little margin it has been getting from Savills is moot. The Savills axe mamed this divison four years ago.

[digitalis] 03/5/2012 18:44

oh and here we have Savills 2010 fy accounts



11. Related party transactions

Marketing services were provided by Adventis Group plc, an associate company, to Savills (L&P) Limited on an arms length basis to the value of £2.7m (2009: £2.6m).











i dont see any of your homemade numbers matching these legal documents stag?....can you enlighten us?....or are you just a toerag trader ?

[digitalis] 03/5/2012 18:30

stag i dont care where you alleged to have got those numbers from post me evidence like the Savills fy link i posted.....

i have done my research you dont seem to be up to speed only in for a bit of shorting here and there....


links please?....there are others that would like to see back up of your posts im sure....




all this "i was told" does not wash anymore...FACTS only please

[digitalis] 03/5/2012 18:23

good luck bp......there could be any number of reasons fy results are delayed....we already know the numbers from the trading update in jan which the market enjoyed,we await a further trading update as promised with the figures....

[bubble pricker] 03/5/2012 18:17

My broker wrote a short CFD in ATG back in January (after the spike) and it has been open every since. No sign of buy-in notice, so I assume stock borrow is available.

[digitalis] 03/5/2012 17:49

facts stag....where did your "fact" little list of dates and numbers come from?....back of your sofa?



my numbers came from savills full yr results March 2012....FACT....its not rocket science.....spend with Adventis is INCREASING .....your bad old days numbers are done.....we have Waypoint change....and change they are....staffing up,building the US marketing ....nice.....come on stag get with it,no good just popping in every 3 month to flannel the posters with homemade numbers....


oh let me have a link to your little list please... ....yes this one......


2006:7.0m
2007:7.6m thereafter the axe was applied
2008:4.6m then axed again
2009:2.4m
2010:2.8m
2011:3.0m





you are also inferring Savills are telling porkies about their 2010 spend in your homemade list?.....


11. Related party transactions



Marketing services were provided by Adventis Group plc, an associate company, to Savills (L&P) Limited on an arms length basis to the value of £3.0m (2010: £2.7m).

[silkstag] 03/5/2012 17:31

Digitalis, your over-angry and false serial posts portray your desperation.

It is true that the Adventis accounts are late so have not been publsihed for 2011. Someone gave you the Savills low margin services number from Savills accounts, fair enough. Digitalis says 'projections' but unlucky, these dire numbers are facts taken from accounts. Lets look at those facts. Adventis services tio Savills:

2006:7.0m
2007:7.6m thereafter the axe was applied
2008:4.6m then axed again
2009:2.4m
2010:2.8m
2011:3.0m

Digitalis says 'put simply savills spend increasing expotentially again.'
Silkstag says 'Savills axed from 2007 and 2008 and Adventis Property division shows no sign of recovering to those previous viable levels'.
Readers can decide.

BP's broker will write a short CFD on ATG. The main CFD writers wont. I have spoken to a few brokers and they wont. These are the facts. No contradictions. Just BP has a helpful broker who helps shorters to back their judgement. Good for him.

[digitalis] 03/5/2012 17:04

11. Related party transactions



Marketing services were provided by Adventis Group plc, an associate company, to Savills (L&P) Limited on an arms length basis to the value of £3.0m (2010: £2.7m).



During the year the Group provided consulting services to Savills Solar Limited, a joint venture, to the value of £0.3m (2010: £nil). An amount of £0.1m was owed to the Group at 31 December 2011 (2010: £nil).



As at 31 December 2011, loans outstanding to associates and joint ventures amounted to £3.3m (2010: £1.9m).