Advancedadvt Share Price (ADVT)

Agreed. Great to see Barbara Firth buying here. Maybe further director buying to follow, who knows. As you say, a chunky purchase so a clear vote of confidence for the value in the shares at the current level.

Looking good from a technical standpoint as well with a breakout to new highs on good volume after a sideways consolidation. Onwards and upwards.

She’s a NED and a Senior Independent Director - a title I haven’t heard before. She wants in before the SP really starts to motor: it’s hard to interpret this £98700 investment in any other way.

A nice chunky £100k share purchase from one of ADVT’s Senior (?) directors. This can only be a very strong indication of confidence. We’re outside of a Closed Period, but this doesn’t mean that there can’t be a positive update or news of a new acquisition. Meanwhile, the value of our holding in SAA is holding up well.

It’s good to read statements like “a number of substantial contracts and renewals” and “operational performance has improved markedly” in the context of the Capita businesses that have only been under the ADVT wing for 5 months. Furthermore, results for 12 months to February 2025 are expected to be well ahead of expectations.

Having largely skimmed these results, there doesn’t seem to be a lot not to like - of course the wage bill has increased substantially in view of the new businesses on board, and it will be interesting to monitor how the number of staff changes over time.

Meanwhile, cash balance of £78.7m and SAA ‘investment’ now worth £19.2m represents £98m of today’s MCAP of £170m. Plenty of cash to pursue further investment opportunities. It’s perfectly fine to be deferring dividends in favour of capital growth - I’d be worried if VM was talking about imminent dividends tbh

Certainly glad that I decided to hold tight here. It’s one for the long term hold imo

Recent interview with Vin Murria well worth watching.

https://www.youtube.com/watch?v=G257dlrOBXg