Member Info for LedZepper

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.

Tom, you posted on 10 May that you had sold your ITV holding (c.72p) and were planning to buy back in when the SP tumbles back down to the low 60s

If you were actually telling the truth, why are you still spending so much time posting here? You probably were not. Nonetheless, I enjoy reading your largely ill-informed rants against the Dame, and your lack of real understanding of the commercial television business model, but your saving grace is that you are well-written and humorous. Keep up the good work for those of who haven’t filtered you yet!

I’m with @sharealot on this. Janet2007 appears out of nowhere on a brand new account, adds absolutely nothing of any substance to the board, playing off against someone who might just be a gullible thick0, or maybe in on the ramp.

In any event, it’s easy to simply Green box these grifters. GLA

The Trading Statement and Share Buyback scheme have just delivered an 8p per share increase - nearly 30x what £10 in a divi would deliver. If you really do regard this company in this sector as risky, you really should sell up now and stop moaning.

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

Another tranche of plots sold? Expectations of a significant reduction in loan interest rates?

Low volumes so far, so I won’t get too excited, but I’m certainly enjoying the spike.

@ironknut - you do understand that it’s the advertisers themselves that commission the ads with the woke content? It’s certainly nothing to do with ITV, although Advertising Standards Authority will have rules an regulations about acceptable content.

WT is largely correct in saying that you must be watching a disproportionate number of programmes where the audience profile corresponds with the woke consumers being targeted. Having said that, current marketers are mostly ultra-woke themselves, so they will be the drivers of the woke nonsense. I like to think that it’s just a fad; that they’ll all wake up from woke…..

Thanks for posting Kingy. Very encouraging to see our prospects so well presented by Mo Khan. I struggle to see any significant weakness in our business model.

Thanks! It’s incredible that they should have got something as basic as this wrong - and then effectively ignore the fact that there has been trading ongoing since 10th January (plus my enquiry)

I use Barclays’ investor platform, and they are still showing ADVT as Suspended. Having spoken to them this morning, they point to the 2nd RNS issued on 10th January which states that certain share types have been cancelled - hence their suspension. I pointed out that shares have indeed been traded since that date, and even today, but to no avail.

I phoned ADVT’s Investor Relations firm and left a message this morning, but no response yet.

Can anyone shed any light? Is it simply a Barclays admin error?

Https://www.bbc.co.uk/news/entertainment-arts-67364587

Yes, it’s all over bar the fat lady’s song

It cannot be a coincidence that there’s been a delay in publishing the Trading Update and a price drop of c.20% on no RNS update. Many of these AIM shares a leaky ships, and I suspect there’s a significant leak below the waterline of this one.

Thanks for your input, with which I agree. Can you, however, how many companies share the sector with SPE? I had always thought that they occupied a fairly small niche, which is part of what attracted me to them many years ago. I’m not trying to undermine your research, I’m genuinely interested in the scale of the sector. Thanks

The shut down clearly wasn’t planned, so I’m sure that the RNS is only revealing a small part of the story. Very disappointing, and not surprising that the sp has taken a kicking this morning. I fear we’re going to need a lot of good news about the trials before it recovers.

All the operational profits went on legal fees. As expected, recruitment has been stalled too. And it’s not all over yet...

Let's hope this gives us some meaningful exposure in the American markets, and results in some significant buying interest

Now we know why SAA directors were happy to extend the PUSU deadline. This is a far better outcome for every possible reason, hence the market reaction. So glad I had patience to wait this out. Even ADVT share price has been boosted this morning…

I will admit that I’m disappointed by this. If SAA were the company I thought they were, they’d have told Vin and ADvT to take a hike. IMO there is absolutely no way of integrating these two companies without significantly reducing the sum of the parts.

However, it means that I will have a clear exit strategy: if the bid is approved by the SAA board I’ll be accepting the offer & selling out since it will require a price in the region of c.£3 per share, which is where I thought SAA would be in a year or two. If the offer is rejected, I will hold for the LT

GL all & dyor

Suspension prevents us from buying the suitor, but I agree that a failure of the deal will most likely result in a price recovery there.

Also, “The impact on culture” is an oblique reference to the likelihood that there will be a mass exodus of SAA talent. In fact I’m surprised that they’ve agreed a month’s extension. There are a lot of people (and possibly some clients) who will be unnerved by this process. New business drive will also be compromised...