Auction Technology Share Discussion Threads

[digitalis] 24/5/2012 17:51

well done howard....the silk stag is a prize hoodwinker,for some reason he wants EVERYONE off this stock?...why?....to save everyone from themselves!.....yea absolute rubbish....he has an agenda as a daytrader....daytrading because as an analist he obviously is not much in demand....thats enough about his dirty business.....



now back to business here,todays moves?....now this is my humble opinion,i feel an offer for the second2/bchannels business may have been pencelled in....someone outside ATG has an idea if a bid for our tech is successful it will leave x amount of cash on the books.....now if i was going to make a bid for two very well managed profitable businesses i would hoover up as much stock as is available up to the point where when the offer is announced it would generate profit from the stock purchase?......thats one reason,the other could be getting towards 1st half results the increased revenue/profit from the tech side would indicate a much higher valuation of the tech businesses.....

just my thoughts....i am not a daytrader like stag or his bubble bursting chums,just an investor looking for the best return from this little company.....time will tell,but do expect some lengthy accounting bullsh*t from old accounts to make you drop the stock.....


all my opinion peeps.....onwards and upwards....




oh....some detail into the tech ATG is selling from rns,s.....could give an indication as to the expected returns from a sale.....





second2

Adventis Group plc (ticker ATG), the AIM quoted marketing services, media buyer and advertising agency, is pleased to announce that it has acquired Second2 Limited ("Second2"), a technology marketing agency, for a total maximum consideration of GBP10.5 million.




Bchannels

Adventis Group plc ( "ATG"), the AIM quoted marketing services, media buyer and
advertising agency, is pleased to announce the acquisition of bChannels Limited
("bChannels"), a technology & telecoms channel sales & marketing consultancy
based in Oxfordshire, for an initial consideration of GBP738,333.





as ever,do your own research and be careful what/who you believe....

[silkstag] 24/5/2012 16:28

27Howard, today some dishonest rumours have added to the froth. Someone posted on iii some porkies about takeover at 6p and selling the tech businesses for £10m. I agree with the posted reply:

"ATG announced it could not raise any equity at 0.5-1p hence the forced sale of the tech businesses to try to pay off the £1.5m bank debt. As they could not raise equity at 0.5-1p any rumour about takeover at a higher or any price is a lie.

The two tech businesses have earnings of £0.4m so any rumour of them being sold for £10m, a p/e of 25 for the distressed sale of a people business, is a lie. ATG will not achieve enough proceeds to cover its liabilities, bank, trade and tax. The shares are worth 0p. People are spreading fraudulent rumours"

[27howard] 24/5/2012 16:13

Saying that it was impossible to get more than £2000 here without moving the price
20% this morning.

[27howard] 24/5/2012 16:10

Thanks Bozzy.

I stuck most of the spare funds in Acta instead of this but they all come good in time I hope, still made a nice profit as I had 25k at 1.3p I had forgot about from
last week, they got sold for 2.9p, even though it was tiny amount it made a great profit.

Not me buying PAA but did buy 25k the other day.

[still waiting] 24/5/2012 15:54

is that you topping up in PAA then Howard?

[bozzy_s] 24/5/2012 15:51

Nice trade Howard! Bet you wish you bought 200k now ;-)

[27howard] 24/5/2012 14:47

SilkStag

The last thing I wanted to do was mislead anybody so as you said I'm only going
by what I read in their update, the problem in the markets these days everybody
only wants to pile into a stock when it's up a huge %, when I bought at 1.4p
and lower recently I was hoping for 2p maybe, not for it to double in a hour so I took profits as spikes are hard to sustain.

[silkstag] 24/5/2012 12:34

Kevin and Sportbilly, please see 'Aiming for top three' thread.
27Howard numbers didnt include the £2-4m unsecured creditors that management omitted in their RNSs. This is deceit. Not 27Howard fault. Conned by management. Told him to exit before 7 June and happy he did - good luck to him.

[kevin 1896] 24/5/2012 12:23

how has this gone up so much on no news?

[silkstag] 24/5/2012 12:20

philmar089, fair question. There are 4 main share price issues:
1) Winks/Pearson (Chairman/FD) misled the market in January 2012 and it seems again in May 2012, as they cited £1.5m of bank debt but were silent on the £2-4m of other net liablities. They have been paying down the bank debt by collecting debtors but not paying creditors. So these unsecured liabilities are soaring. 27Howard was plainly misled, I take his post to you today as sincere but wrong.
2) Others, not reading these bulletin boards have been similarly deceived. 'If the Tech sale goes well we will get more than the bank debt so that is all for shareholders'. Would be true apart from (a) £2-4m of other liabilities; and (b) wont get more than P/E of 2-4 in a distressed sale of a people business hence £0.8-1.6m. The bank's £1.5m is at risk so they may just end up grabbing the group debtors and leave trade sale for peanuts to an Administrator.
3) Winks/Pearson want to maximise the Tech Division sale price to pay off the bank so tell naive people connected to company (Digitalis) that 'it is going great and will get great sale price'. Fair enough but in RNS they crossed the line of market manipulation and AiM Rule 10 (deceit by omission). Read their January and May 2012 RNSs again, they are tricky. You can work out they are only citing bank debt, but by omitting to quantify the other liabilities, they misled the market.
4) People with no understanding of the facts are just gambling.'It shot up before so it can do it again then i'll sell'. Fine, but when the facts come out on 7 June or ATG gets delisted, then the fat lady will have sung. That is why I suggested to 27Howard that he exit before then. My suggestion was sincere. Good luck to day-traders and punters, but ATG is not an investment. ATG could not issue any shares at 0.5-1p to investors who demanded sight of the draft balance sheet at 31-12-2011. ATG shares are worth -6p, rounded up to 0p, because of the -6p of trade/HMRC creditors. No miracle on the tech division distressed sale can pay the bank's £1.5m and overcome that -6p.

[27howard] 24/5/2012 12:19

PAA will be next one, sub 15p to buy you have been told :-))

[27howard] 24/5/2012 12:08

sportsbilly

There has been 10k offered at 1.3p for a week, bought the odd 25k then bought more at 1.4p this morning, yes the rise is inflated by the spike caused by a shortage
of stock, they did the same with PAA all wanting to buy at 22p when it was up 100%
so they all have their turn in the end.

No Topinfo because no posts and very low profile stock, glad I made a killing and they did not.

[aughton 3] 24/5/2012 12:04

mms loving this .....

[sportbilly1976] 24/5/2012 12:00

those struggling to buy an hour or so ago now struggling to sell...

Howard,
You may be correct with your disposal cash workings, but today it will be played with by the MM's (until news) to force people to sell at a loss. Surprised no TOPINFO / more4us / Still Waiting on here tbh

[27howard] 24/5/2012 11:56

Maybe sportbilly but I have explained why the rise, there is a genuine reason
to why they were worth more than 1p bid, yes I have took profits but I was the
only buyer sub 1.5p this morning so it was nice to double up.

[sportbilly1976] 24/5/2012 11:54

expecting either news or a LSE forced rns to come here very soon.

[falia] 24/5/2012 11:50

THANKS A LOT 27H

[27howard] 24/5/2012 11:50

Took some off the table at 2.91p got to be pleased with that.

[philmar089] 24/5/2012 11:49

must be news leaked out

[philmar089] 24/5/2012 11:47

ha ha what price do you want

[27howard] 24/5/2012 11:47

Is the 3.15p buyer on a financial death wish !!!

[27howard] 24/5/2012 11:46

Trying not to look, might sell too early :-))

[philmar089] 24/5/2012 11:45

still going anyone buying these