Avanti Capital Share Discussion Threads

[accessible] 21/7/2003 09:14

What is going on is the fact that the directors are sitting on allot of cash and having a nice life as in reallity if they were to do the right thing and liquidate the company giving the shareholders back money they would have to actually get a proper job and as you can see from there investemnt skills I doubt they would get employed by anyone.
How can they not have found some great bargains in the current climate or are the deals they are looking at not giving them enough personally to interest them!
I am currrently investigating who has what shareholding so that we can get a shareholder group together to get something done, if there is enough percentage of us and we can get someone like galloway on borad then we can actually get something done as opposed to just commenting about how badly the company is run on this BB.

[man1] 18/7/2003 19:10

Anyone know whats going on, some large buys over the past few weeks.

[jeffian] 03/7/2003 10:50

growbag,

Aspinall's been there since the beginning when Cambury turned into e-capital investments along with the other second-generation playboy Anton Bilton. Going along to AGM's and seeing these people in the flesh makes you realise why family firms die out eventually! In the dying days of 'internet banks' I went along to the last e-capital AGM (before it became Avanti) and pointed out that the best thing they could do for shareholders would be to liquidate and return the cash which would have been 50% up on the then market price and given many shareholders around the price they went in at. Chairman Dan Taylor(?) gave me lots of old waffle about the wonderful things he could do with our cash that, apparently, we couldn't do for ourselves and then said, anyway, if I didn't like it I should sell. So I did.

Regards, Ian

[growbag] 03/7/2003 10:33

I posted this on the iii site. Has anyone else noticed that Damian Aspinall - he of Aspinalls PLC (the Casino operation) is one of the Avanti Directors. Surely some connection with the Jim Mellon/Galloway reverse take-over/Isle of Man Casino development rumour going back a year or so. Might be life left in the story.

[growbag] 25/6/2003 16:45

Technopuce seems to be doing well. They have some pretty major contracts for their technology (see www.technopuce.com) including, recently, a big order with the Paris Metro system. One to watch, as Avanti have a substantial investment in them.

[pachandl] 25/6/2003 16:15

Growbag - I am hoping that we get an "A" one day which actually says something exciting about one of Avanti's little acorns. Surely with their expertise they must be capable of finding some small firm with a good product?

[growbag] 25/6/2003 15:57

pachandl - i'm still holding this one (unfortunately). no apparent logic to share price movement as far as I can see. no evidence of any large buyers or sellers with order to fill. general lack of liquidity adding to volatility I imagine. must be hard for the MMs to generate any orders for this one -

[younasm] 20/6/2003 21:38

Interims should be out by end of August for half year ending 30th June 2003.

[pachandl] 20/6/2003 15:53

I just cannot see the positive side of any Dir dealing where the purchase is so small (250k = £4.5k) and the director already holds 13m. It almost smacks of a pretence as they are hardly showing any real confidence in the company. Still, anything is better than nothing I suppose. Anyone know when the next statement, interims etc is due? Thanks in advance.

[growbag] 20/6/2003 14:39

Director buying. Always a positive sign - thought not necessarily for the shareholders! Could pre-empt an MBO or reverse takeover at a price below most of the shareholders average holding prices. I need to see 4.5p to break even on this - and I know quite a few who hold at 20p+ from the heady dotcom days. I'm not holding my breath.

No more news of the Galloway/Melon connection unfortunately. But there are some interesting nuggets in the portfolio.

I do approve of the slimming down of the Board. Responsible decision when the company is basically a shell. Outgoings are now almost neglible (though so is the main source of income - i.e., interests on the cash balance). As long as shareholders funds are being preserved, there is always hope.

Avanti;'s biggest assets are its cash balance (obviously) and listing.

[sanilav] 20/6/2003 14:10

Bit more timid buying today from our beloved Directors,hardly pushing the boat out though.

[pachandl] 19/6/2003 20:28

Thanks Sanilav - not exactly a huge outlay but something is better than nothing! Ava good evening.

[sanilav] 19/6/2003 17:21

There yer ava it,so to speak.

[sanilav] 19/6/2003 17:19

KeywordCompanyEPICSectorISIN/Sedol



About UK-Wire - Contact UK-Wire - Disclaimer - Help - Corporate Products

On-Line Alerts Alerts by E-Mail - Top Announcements - Activate Price Ticker - Links

Latest FTSE100 FTSE250 techMARK AIM Company Category Sector All Archives







Avanti Capital PLC
18 June 2003


SCHEDULE 11

NOTIFICATION OF INTERESTS OF DIRECTORS AND CONNECTED PERSONS


1. Name of company

Avanti Capital Plc


2. Name of director

Richard Kleiner


3. Please state whether notification indicates that it is in respect of holding
of the shareholder named in 2 above or in respect of a non-beneficial interest
or in the case of an individual holder if it is a holding of that person's
spouse or children under the age of 18 or in respect of a non-beneficial
interest

As in 2 above


4. Name of the registered holder(s) and, if more than one holder, the number of
shares held by each of them (if notified)

As in 2 above


5. Please state whether notification relates to a person(s) connected with the
director named in 2 above and identify the connected person(s)

As in 2 above


6. Please state the nature of the transaction. For PEP transactions please
indicate whether general/single co PEP and if discretionary/non discretionary

Purchase


7. Number of shares / amount of stock acquired 375,000


8. Percentage of issued class 0.1%


9. Number of shares/amount of stock disposed -


10. Percentage of issued class -


11. Class of security

Ordinary Shares of 1p each


12. Price per share 1.85p


13. Date of transaction

17 June 2003


14. Date company informed

17 June 2003


15. Total holding following this notification 12,764,836


16. Total percentage holding of issued class following this notification 2.1%


If a director has been granted options by the company please complete the
following boxes.


17. Date of grant




18. Period during which or date on which exercisable




19. Total amount paid (if any) for grant of the option




20. Description of shares or debentures involved: class, number




21. Exercise price (if fixed at time of grant) or indication that price is to be
fixed at time of exercise




22. Total number of shares or debentures over which options held following this
notification




23. Any additional information




24. Name of contact and telephone number for queries

Richard Kleiner 020 7070 7070


25. Name and signature of authorised company official responsible for making
this notification




Date of Notification

18 June 2003


The FSA does not give any express or implied warranty as to the accuracy of this
document or material and does not accept any liability for error or omission.
The FSA is not liable for any damages (including, without limitation, damages
for loss of business or loss of profits) arising in contract, tort or otherwise
from the use of or inability to use this document, or any material contained in
it, or from any action or decision taken as a result of using this document or
any such material.



SCHEDULE 11

NOTIFICATION OF INTERESTS OF DIRECTORS AND CONNECTED PERSONS


1. Name of company

Avanti Capital Plc


2. Name of director

Julian Fellerman


3. Please state whether notification indicates that it is in respect of holding
of the shareholder named in 2 above or in respect of a non-beneficial interest
or in the case of an individual holder if it is a holding of that person's
spouse or children under the age of 18 or in respect of a non-beneficial
interest

As in 2 above


4. Name of the registered holder(s) and, if more than one holder, the number of
shares held by each of them (if notified)

As in 2 above


5. Please state whether notification relates to a person(s) connected with the
director named in 2 above and identify the connected person(s)

As in 2 above


6. Please state the nature of the transaction. For PEP transactions please
indicate whether general/single co PEP and if discretionary/non discretionary

Purchase


7. Number of shares / amount of stock acquired 375,000


8. Percentage of issued class 0.1%


9. Number of shares/amount of stock disposed -


10. Percentage of issued class -


11. Class of security

Ordinary Shares of 1p each


12. Price per share 1.85p


13. Date of transaction

17 June 2003


14. Date company informed

17 June 2003


15. Total holding following this notification 11,102,157


16. Total percentage holding of issued class following this notification 1.8%


If a director has been granted options by the company please complete the
following boxes.


17. Date of grant




18. Period during which or date on which exercisable




19. Total amount paid (if any) for grant of the option




20. Description of shares or debentures involved: class, number




21. Exercise price (if fixed at time of grant) or indication that price is to be
fixed at time of exercise




22. Total number of shares or debentures over which options held following this
notification




23. Any additional information




24. Name of contact and telephone number for queries

Richard Kleiner 020 7070 7070


25. Name and signature of authorised company official responsible for making
this notification




Date of Notification

18 June 2003


The FSA does not give any express or implied warranty as to the accuracy of this
document or material and does not accept any liability for error or omission.
The FSA is not liable for any damages (including, without limitation, damages
for loss of business or loss of profits) arising in contract, tort or otherwise
from the use of or inability to use this document, or any material contained in
it, or from any action or decision taken as a result of using this document or
any such material.








This information is provided by RNS
The company news service from the London Stock Exchange

[pachandl] 19/6/2003 14:35

Are you pulling our legs Sanilav - I see no "A".

[sanilav] 19/6/2003 14:26

Am I seeing things,Directors buying!Whatever next?

[growbag] 04/6/2003 17:35

Any news on this one? Been moving up recently. Held gains -

[mart] 28/5/2003 10:23

Hey oop, is that a significant tickup I see?

[mart] 22/5/2003 10:40

Looks like a "not trot" for the moment. However with Prelude Trust getting a rerating (well it IS at a ridiculous discount to estimated NAV) and even the mysterious London Pacific Group showing occasional signs of life it does make you wonder whether AVA might do something eventually. NOT for widows and orphans.

[dncleaver] 21/5/2003 16:16

Hot and ready to trot? (or Not!)

[touch2002] 01/4/2003 11:57

Nothing until we get the progress report on the merger/acquisition of the portolfio company and (eventually) the acquisition they have been talking about for years. Tempted to exit now and buy back in before the finals,

touch

[orsky] 01/4/2003 11:20

Well that really got the markets excited (not!)

Doesnt seem to mention how well any of its investments are performing. I got more information from the top of this post!!

Not sure what happens now...

[orsky] 01/4/2003 00:29

Spoke to them this morning, "Results should be out in the next day or so"