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Share Name Share Symbol Market Type Share ISIN Share Description
Auction Technology Group Plc LSE:ATG London Ordinary Share GB00BMVQDZ64 ORD 0.01P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  -22.00 -1.82% 1,190.00 1,186.00 1,190.00 1,224.00 1,176.00 1,220.00 122,678 16:35:13
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Software & Computer Services 34.5 -22.6 -1.0 - 1,190

Auction Technology Share Discussion Threads

Showing 951 to 970 of 1075 messages
Chat Pages: 43  42  41  40  39  38  37  36  35  34  33  32  Older
DateSubjectAuthorDiscuss
20/6/2012
12:46
Hedgefundadvisor LOL
saud2237
20/6/2012
12:46
hahahah alexi. You hit the nail on the head. They lose everything anyways. Also implying that the sale is agree is wrong. They have bought the debt so far. They will now attempt to buy the company. If they dont then the technology company gets sold and they get some money back i.e. RCs loss. So they will need to make sure that they buy at a price where the existing shareholders are happy.
saud2237
20/6/2012
12:42
Why on earth would shareholders be motivated to agree to a sale to the RCapital company? They lose everything if that happens according to you.
alexi5
20/6/2012
12:31
What is your obsession with Hyena?
saud2237
20/6/2012
12:12
Alexi5, some accuracy is needed. The tech businesses are each contained in subsidiary companies of Adventis Group plc ("Adventis"). Adventis has been trying to sell those businesses. The best offer to date was not enough to pay LTSB their secured £1.5m. LTSB have bailed and sold that debt to RC. RC thus have proof that the tech businesses are worth less than £1.5m so either the Adventis shareholders approve their sale to a new RC company ('Hyena ltd') or RC will select and appoint an Administrator to run Adventis and they implement the sale immediately. The Adinistrator primary duty is to the creditors in order of their security ranking. RC are at the top. RC can say to the Admninistrator 'you must accept the £1.5m offer from Hyena Ltd as it is better than any other offer and if you dont you will lose us £1.5m which will be your fault'. The Administrator will say 'good point, the Adventis directors tried and failed to get even £1.5m, so we must and will accept that £1.5m offer immediately, as it is best for the secured creditor'. Game over. This outcome is on page 1 of the Hyena Bible. It is called a pre-packed Administration. [The Adventis shareholders may approve the deal in which case it will happen before Administration].
silkstag
20/6/2012
11:43
alexi this is precisely what I have banging my head about but I give up. ====================== Plowman Craven Plowman Craven is one of the world's most innovative geomatics companies specialising in accurate measurement of buildings and transport infrastructure. More recently, the company applied its measurement skills in Hollywood, on films such as Batman - The Dark Night and for a gaming company that wanted to measure the grand prix circuit for a computer game. Founded in 1964, Plowman Craven is a fascinating business able to deliver a consistently high standard of quality and service to clients, regardless of the size and complexity of each project. As a consultancy firm, this can only be achieved through the continuous adoption of new technology and astute investment in both staff and equipment – a strategy RCapital has followed since this acquisition was completed in 2009. RCapital's investment in Plowman Craven was based on its strong client base in the public sector, which has proven to be a sustainable business model with, to a large extent, indispensable services that have been sheltered from the economic downturn. "This was a sound but poorly managed company, suffering the effects of a very highly leveraged buyout and lack of focus within the senior management team" Jamie Constable, Co-Founder, RCapital Initially RCapital purchased the senior debt from HBOS who had become uncomfortable with the exposure. This allowed Plowman Craven two months breathing space and enabled a successful restructure, which reduced costs significantly. ============================== THIS IS STILL A HIGH RISK. EXTREMELY HIGH RISK
saud2237
20/6/2012
11:40
Silk, when I read the RNS I took it as good news, as I assumed that RCapital would not be calling in the debt, but would turn the business around. Their policy is to invest in businesses with strong potential but failing due to bad strategic decisions. You believe that they will put the business into administration and then buy the business themselves, without all the debt (makes financial sense). But, talking of FSA rules, is that actually allowed? I thought the Administrator would have to be objective and so, what is to stop them selling the business to a company that outbids RCapital? You are far more knowledgeable about business than me, Silk, and I bow down to your superior intellect. But I still don't trust everything you say, lol!
alexi5
20/6/2012
11:27
I am pulling your leg. Relax. Times are hard. You win some you lose some
saud2237
20/6/2012
11:25
bozzy what is P/E ration?
saud2237
20/6/2012
11:21
I'm not going to converse with a liar and an idiot. It's not bloody rocket science to read results, to look at P/E ratios, to look at histories of profitability, to read balance sheets etc.
bozzy_s
20/6/2012
11:18
bozzy on a serious note can you tell me what companies are good in this day and age.
saud2237
20/6/2012
11:17
SHUT UP saud, you do this all the time. Try investing in good companies to make a living - there are plenty out there. To suggest you and Silkstag have equally valid arguements is PATHETIC.
bozzy_s
20/6/2012
10:55
As always DYOR and DO NOT LISTEN TO ANYTHING I OR SILK SAY - We are two sides of the coin. Read the past RNS and make your decision
saud2237
20/6/2012
10:53
saud, repeat '4) If you are not a liar, you will be able to post your friend's explanations and clarifications on 1-3. You need to correct your incorrect post'.
silkstag
20/6/2012
10:53
Silk all I know is that there is a REASON why RCapital have bought the debt. I dont know what it is. And nothing is set in stone. This is a rumour. I have been trying to get in touch with the company but to no avail. If and when I know for certain what is happening I will let you know. I hope you dont dissappear if and when the company releases RNS
saud2237
20/6/2012
10:49
http://www.rcapital.co.uk/storage/assets/pdf/Plowman%20Craven%20press%20release%20final.pdf
saud2237
20/6/2012
09:45
Just spoke to my contact and he is of the opinion that a deal must be being arranged where RCapital effectively takes control of the company and raises funds required to keep it going. It is not clear how much funds will need to be raised but it is certainly looking very interesting at the moment
saud2237
20/6/2012
08:37
Going to speak to my contacts from city shortly. Will keep you posted
saud2237
20/6/2012
08:24
mally6 and saud, RC will turnaround the Tech division when they own 100% of it by requiring it to be sold to a company RC own 100%. They will use the £1.5m secured debt, which we found out on 13 June is more than Tech valuation, to separate it from the Adventis net liabilities, bad reputation and shareholders. Adventis plc will be left with ballpark £4m net unsecured liabilities (who might get something in £) and dead shareholders (0p in £). One would have to be stupid or crooked or both to suggest 'atg is reborn'. A Hyena has just arrived to rip off for itself the only meat left. Fair enough. Hyena's need to feed themselves and their families. But the ATG carcass is stinking up AiM.
silkstag
20/6/2012
08:18
Mally precisely my point. so I think there is more to it then meets the eye
saud2237
Chat Pages: 43  42  41  40  39  38  37  36  35  34  33  32  Older
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