Auction Technology Share Discussion Threads

[silkstag] 25/5/2012 14:36

Kevin, are you a day trader, trader or investor?
Buying a share when balance sheet means price should be -6p when you pay 1p is investor suicide. You will lose 1p.
If you are day trading then you can judge the momentum flip in and out. Fair enough.
Prelims due by 7 June will make -6p obvious. Short runway to hope mugs buy enough to give you a profit.

[falia] 25/5/2012 14:11

HERE WE GO

[kevin 1896] 25/5/2012 14:07

I do not mind risking some money as sometimes it pays off.

[silkstag] 25/5/2012 13:56

Still Waiting, problem with ATG is it had £9.3m of liabilities in 31-12-2010 balance sheet and made a further loss in 2011.
The sales of businesses since, and the final two, cannot get close to that.
All that will be left are unsecured creditors and debtors, net -£3m.
There is no value, just liquidaion to give unsecured creditors xp in £.

Normally with smallcaps you have some hope, but not on ATG, the trade/tax creditor pile is way too big.
Winks/Pearson breached AiM Rule 10 to try to bluff their negotiating position on sale of the last two businesses. Small investors have been rogered, as have new trade creditors who would not have traded with Adventis had they known the true bust state.
Heading for -6p, rounded up to 0p.

ps Kevin if you buy at 1p and hold for a few weeks, you will lose 1p.

[kevin 1896] 25/5/2012 13:50

i would buy 50.000 shares at 1p if it drops that low just incase, not willing to take a punt just yet

[still waiting] 25/5/2012 13:36

this has a similar m cap to TLY now, that has already sold off its business and looks like doing a major deal with NHS. dyor.

don't you just love micro-caps.

[onetomany] 25/5/2012 13:17

Just read the update from 10th may. That's my research done in 2 mins. Sorry to state the obvious but this is f#cked.

[aughton 3] 25/5/2012 13:17

not as many as i had, nothing against anyone here just feels mm ramped to death , posting on other sites of 10p bid, when they could suspend at any time, as i said toss of a coin and at 3p yesterday mms loved it

[silkstag] 25/5/2012 13:14

Adventis company balance sheet at 31-12-2010 shows £9.3m liabilities.
Adventis nade a thumping loss in 2011.
Winks/Pearson cannot hide 31-12-2011 balance sheet much longer.
ATG could not raise any equity at 0.5p.
ATG is worth -6p, rounded up to 0p.
Prelims out by 7 June will prove this.
Traders can play pass the parcel, but it is 0p if holding when the music stops.
Insolvent liquidation.

[day7rader] 25/5/2012 13:10

Aughton 3, How many you got short?

[onetomany] 25/5/2012 13:08

Always like the look of volatile shares for a punt. Don't know anything about this mob, just about to start some digging. Any advance info on whether worth a punt?

[aughton 3] 25/5/2012 13:06

lol 500000 the boys just picked up 1.3 easy money .....

[aughton 3] 25/5/2012 13:05

only tools are muppets paying 2 2.5 and 3p as the price is telling you ....

[falia] 25/5/2012 13:01

HEADING BACK UP SOON

[day7rader] 25/5/2012 13:00

don't be a tool aughton3.. back under you're little rock.

[aughton 3] 25/5/2012 12:48

as i posted when it was nearly 3p mms loving all the mugs paying it, the easiet money ever take a few on book at 1 to 1.3p ramp up, sell at crazy levels , then smash down fair play to wins and scaps job done

[aughton 3] 25/5/2012 12:46

Adventis (ATG) announced it could not raise equity - hence there is a forced sale of the tech businesses to try to pay off the £1.5m bank debt. As it could not raise equity, any rumour about its being taken is total fantasy. I believe Adventis will not achieve enough proceeds to cover its liabilities, bank, trade and tax and cannot emerge as a shell since its liabilities are unclear and probably considerably in excess of assets. In any event, people no longer pay for shells.

[27howard] 25/5/2012 12:33

Looks like a scare tactic by the mm's, would people watch a stock go to 3p then
drop all the way back to 1.5p then all of them sell at once within 30 mins, I think they are worked sales and the mm is delaying the showing of them.

[27howard] 25/5/2012 12:28

Bought back at 1.56p and 1.53p, not much more than I paid yesterday.

[27howard] 25/5/2012 12:24

Watch it go to 3p then back to 1.5p then sell size, mm's must be pleased about that, time to buy my stock back then if seller is close to being out ?

[27howard] 25/5/2012 11:54

Kevin

There is a sell order being worked, most of the volume is buying yet the price keeps dropping, wait later and you will see it.

[kevin 1896] 25/5/2012 11:51

You say the share price is getting hammered on nothing but the share price went up over 100% yesterday for nothing.

[27howard] 25/5/2012 11:12

When it was 1.7-1.8p I was quoted 1.78p bid for 250k

Now on no trade it is 1.6-1.75p, the price is getting hammered on nothing ?

[silkstag] 25/5/2012 11:02

alexi5, I posted about that RNS several times. If I had deduced the Winks 'concealed' admission of inslovency, why didnt I post it weeks ago and take the credit? It is a game over post.
I do watch BB threads and thought that one was worth posting here.

The Adventis company balance sheet at 31-12-2010 shows £9.3m of liabilities.
Adventis nade a thumping loss in 2011. It is bust bust bust.
Why not be short? I posted that I couldnt get hold of a CFD. BP said his broker wrote one for him. Lucky dog!!!

I sincerely believe that Wwinks/Pearson are guilty of issuing RNSs in breach of AiM Rule 10 so they have rogered buyers; and wrongful trading so they have rogered trade creditors.

The balance sheet at 31-12-2011, which they cannot hide much longer or be delisted, and impending liquidation, will proive I am right.

I have posted truthful and I believe accurate analysis. What exactly do you allege that I have done wrong?

ps ATG is worth -6p, rounded up to 0p. Prelims out by 7 June will prove this. Traders can play pass the parcel, but it is 0p if you are holding it when the music stops.