Member Info for Adastra

Just spotted this. As Punch pubs use Vianets is iDraught then it looks as if roll-out will be on the cards.

Pub group Young & Co's Brewery fell 0.3% to £16.10 following news that it had agreed to sell most of its tenanted estate in the Ram Pub Company to Punch Pubs & Co. for £53 million.

The deal would see Young's sell 56 of the 63 pubs in the Ram Pub Company and retain the other seven pubs for the long term.
Good news

https://twitter.com/vianetgroupplc?lang=en
Overall beer volume uplift doubling as England beat Denmark and more to come!!!

End of lockdown boost got to be a real kick for Vianet and it's data management. So under the radar given it's direct exposure to the pub and leisure sector. The on going success of the England team is driving footfall already and consumer stats is key to on going increase in pub profitability .... enter Vianet. This just has to be relevant to staff management and profitability as the UK emerges from lockdown and new trends and patterns become evident from the data collected and used.....No brainer imo.

If we're goibg to get all philosophical then Hickam's Dictum is the fitting reply since the purpose of this board is presumably debate and airibg of different opinions....whatever their basis.

Picked up some more as I can see Vianet really revisiting previous highs as lockdown ends. Data is king in a competitive world and Vnet has buckets.

Then you'll understand how undervalued I believe it is.....or then again perhaps you won't.

Judging by the share price momentum this morning I'm convinced that the prospective CEO who will have been confidentially informed of the situation will be quickly appointed and already have made the maritime sale decision. This could quickly gap-jump if that's the case as it's still cheap on fundamentals.

I'm sure discussions were at an advanced stage prior to the AGM and positions were changed when the consensus became apparent. It would only take one or two major holders to start the ball rolling when the results were announced.

I think the key to developments here is in the RNS.
The Board has identified an interim chief executive and is in the process of finalising that appointment. That indicates to me that the major shareholders (40%) M&G, Canaccord and Close had pushed CEO change and already approached a candidate. The wording indicates this is not a quick promote from within as that would have been immediate. This has to be a person of skill and reputation so I do expect a significant rerate when it's announced. Direction of share price travel already makes me optimistic as the internal rumour mill is never totally secure. Interesting.

Any CEO worth his salt will soon chop and change the BoD and rationalise staff numbers to reflect contribution to group profitability. The foundations are there with top level security clearances across the group and access to that level of clientielle is very very valuable in itself.

Let's hope they have a transformational CEO in their sights - either that or the current situation may well trigger offers from an asset stripper. Really needs a total shake up as the value is certainly there, just needs a visionary to realise it and get the MCap to reflect it. I suspect a lot is happening behind closed doors involving the 3 biggest 40% shareholders.

I'm expecting a staircase now as investors do the research and come to the same conclusion. Lots of possible gap jumps too; interim CEO appt, sale of maritime, increased traction of all constituent businesses as lockdown ends. The departure of PC was the fresh air TP needed and getting rid of his half million pa salary will feed profits nicely. The last year had the £5m write-down of heavy engineering and multiple earn-outs which have now ended. We are in clear-account territory for the first time in 8 years. Looking good ahead.

Just a matter of time.......TP is under the radar at current level but this info will be picked up by a pundit/analyst/tipsheet purely on the upside/downside bias. The upside looks very favourable on a number of counts; the downside minimal from here.

Just as I envisaged, the company just added £500k to it's annual profits! Bye bye CEO.
As for Maritime - AGM confirmed serious preferred bidder active and it was they who sought TPG not vice-versa. Profit at Maritime in 2019 was £5m (No figs at companies house yet for 2020). But assuming these long term solid contracts are pretty even over their timespan then let's pencil in same again. So £5m profit in maritime, default-free payers in contracts so minimum p/e of 6. Probably nearer 10 for quality of contracts and security involved. That's minimum £30m for maritime against a current whole company MCap of £27m. There has to be a very fair chance of upside from here.

Expecting a stock squeeze tomorrow early on. Should see a fair uptick on fundamentals prior to AGM.......??

Yep. Maritime accounts are freely available online to Dec 2019 and TP is still keeping up its tech innovations as just released
https://www.tpgroupglobal.com/news-events-and-insights/press-releases/using-ai-to-help-personnel-advance-safely-and-quickly

I do tend to agree with you on that. To be quite honest it would be more sensible for the 'preferred bidder' to buy the whole group at this £28m MCap as it is presumably big and diverse enough to realise the asset total in the company. I think a minimum £50-60m takeout price would probably persuade the major shareholders (40%+) to concede but could produce fireworks.....who knows? Just think a takeover is much more likely at present.

£28m MCap with a £70m forward order book and govt/blue-chip non-default clients has got to be worth a calculated risk imo. Pain or gain I can handle as it's accepted risk money.....Just like Synairgen at 10p ......

Fair enough, if that's the case I can hack it. I just think that M&G, Canaccord and Close Bros with 18, 12 and 10% respectively and 40% collectively will call the tune at the AGM. They all took up shares at 6.5p in the 2017/18 fundraise In addition to their already substantial holdings at a higher level. Cartmel will be well aware of their opinions and their ability to act in concert. Possibly a pre-emptive RNS tomorrow???? It will be an interesting 48 hrs either way.

Bought a few at 3.58. Basically punt money as I'd set myself a buy price and it just breached it. Happy to sit and see. Can't see it going t.u. at the present time but a half decent maritime sale could turn a profit. Grand National time??? At least the result should be evident soon.