Avanti Capital Share Discussion Threads

[euclid5] 28/10/2013 08:46

Once again, Eclectic's management team have demonstrated their ability to continue to develop and grow the Eclectic group seeking out new opportunities and continuing to deliver strong sales and EBITDA performance.

The company's investment, which is predominantly in the form of a secured loan, has a book value of GBP7.3 million (2012: GBP7.3 million), equating to 91 pence per share

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Investee Company, Eclectic Bar Group plc announces intention to float on AIM of the London Stock Exchange


Avanti Capital Plc (Avanti), the AIM-listed investment company, is pleased to announce that Eclectic Bar Group plc (Eclectic), one of the UK's leading premium bars businesses, has today announced its intention to float on the AIM market of the London Stock Exchange.

Avanti currently holds a 60% equity stake in Eclectic together with a loan due from Eclectic of approximately £7.3m.

Richard Kleiner, director of Avanti, said "Over the last five years, Avanti have been delighted to be closely involved with the development of Eclectic and working with the management team to see it make the transition to a public company. Avanti believes that Eclectic has substantial growth opportunities and this transition to the public markets should provide the capital to accelerate its growth whilst deepening and broadening its infrastructure to ensure that such growth will continue to be built on firm foundations. We also hope the IPO crystallises a return for our loyal shareholders."

[fxdealer3] 20/4/2013 15:14

Do not believe these lies about asset value.True accounts (including huge goodwill of 5m) is shareholders funds of £10m @ 30/06/2012


Net tangible asset of £5m including cash of £1m +

I have researched and they are materially overstated and very misleading.check companies registration office

Historical valued and goodwill will not be realised in fire sale and many companies are carrying values at above market rates .

Eclectic barslimited has net asset value of - £5m (minus ) at 31/12/2011 per co registration office

There is a huge posion pill contract in Avanti Capital that the lower the share price goes then the larger the payback out to vested parties ( i think £2.75mprovision at 31/12/2012 ) so be very careful here


Be very careful with these directors ......very high risk

Pub sector is collapsing a Electric Bars limited is very high risk and will probably collapse within 24 months ..

be warned on rns information being released by these guys especially re trading in eclectic bears no relation to audited accounts in co registration office especially ebitda and profit after tax for year ..go check u selves

fx

[errollc] 25/3/2013 06:44

With £1.5m in cash and trading at a 50% discount to NAV...why doesn't the company buy in its shares? Seems strange.

[spotflick] 25/2/2013 14:08

anyone know what this so called investment company is planning to do or will it just burn the cash to zero ?

[hugepants] 25/1/2013 12:58

Adam Pelled has over 3% now


I still hold a few.

[lbo] 21/11/2012 19:01

Mobile Payments Are Surging to $1 Trillion: Are You Mobilized

[adam] 31/1/2012 11:13

A Fast Company interview from last week tried to pin down if Apple was one of Mastercard's future NFC partners, to which the executive seemed to falter, giving an excuse about confidentiality.
"The timeline is always as rapid as it makes sense for consumers," he says. "That's a combination of having a critical mass of the merchants, which is what you're seeing right now, and getting devices into the hands of consumers. I don't know of a handset manufacturer that isn't in process of making sure their stuff is PayPass ready."

So that would include Apple then?

"Um, there are...like I say, [I don't know of] any handset maker out there," McLaughlin says. "Now, when we have discussions with our partners, and they ask us not to disclose them, we don't."

[errollc] 24/8/2011 09:13

Saw article in Times stating Avanti was part of legal dispute with Milford-Haven. Seems Avanti might have got some payments?? Any views?

[errollc] 25/5/2011 07:32

MBlox will IPO in the next 12 months or so....towards the end of the period I suspect.

[errollc] 25/5/2011 07:10

MBlox will IPO in the next 12 months or so....towards the end of the period I suspect.

[errollc] 23/5/2011 13:44

These look way undervalued with Mblox in mind. Also pub business seems to be going well. Have tried to buy some but none around...any sellers out there?