After their termination of recognition, everday that ATG waste either not lodging an appeal, or announcing the sale of Adventis Media to another NPA recognised agency is helping to seal their fate. The sale of 1,000,000 shares today at 2p hit the SP by 20%. Someone took a serious loss on that trade, but the way things look right now, can you blame them?
It was at 8p with a 68.42% rise with 1 min trading time to go. It only dropped down to 5.5p in the last minute. There must have been a large sale at the end of days trading, which as yet has not appeared on the trading records. I presume it will appear on Monday's list as a delayed transaction update.
Well, on paper I've lost a massive chunk of money here. I will have to ride it out long term and hope things turn out for the good. If the housing market pick ups and the healthcare section got its arse into gear, then this stock could see some significant rises. Lots of if's, but's and maybe's here, but having posted a 34% drop today it for sure offers one hell of an in price for potential new investors.
Quite a few buys came in last week and it appears the trend is continuing this week. SP appears to be recovering a fraction. We could really do with some positive financial results to kick start ATG tradings for 2011. I think the SP grossly undervalues the company at the moment, so we'll just see. As a punt, IMO this share offers a reasonable prospect of a long term profit return.
If the directors were even midly confident about the future of this stock they would be grabbing as many shares as they could right now. There must be some news or internal rumours which have leaked out for this SP to decline so rapidly. Either way me and you as normal punters are seemingly not privy to such information.
Eight percent drop with no market news... The Arbuthnot buy rating is worth s#*t right now. I would like to known what the buy rating is based on exactly? It's certainly not news, as ATG seem reluctant to put anything meanigful out. No wonder people are walking away from this stock.
IMO this is further proof that ATG is a financially sound, safe and sensible small cap investment. Despite the best efforts of the recession ATG managed to post respectable profits across all sectors. Things can only go north here. Bravo ATG and here’s to the recovery.... http://www.adventis.co.uk/downloads/investors/notifications/AdventisPressAnnoucement230310.pdf
Hang on a minute, in my defence, what did I say in my last post that was not factually correct? Nothing. They have been exploring Tunisa for 10 years now. Exploration costs continue to mount. Capitial continues to be raised through the issue of stock. The ROCE defecit continues to grow... So, going back to my original post. You are still gambling on a positive RNS.... anything but positive news will see the SP slip again. They need a positive RNS regarding the site at Gite de l'Est - Bou Jabeur and a target date for the completion of pre-feasability study.
The five year chart looks grim, as do the financial results for that period. The ROCE has been getting worse year after year. I can't see any obvious positive news on the horizon. IMO anyone investing now is taking a big gamble hoping for a positive RNS, based on what I don't actually know??? Given the current spread that could be a very costly gamble should they post anything other than positive interim results. IMO this is V.HIGH risk investment right now. I'm going to watch from the sidelines. Good luck all.
I hope your right. I have given up trying to understand the random SP movements of this stock. RNS outlining recent good news resulted in sharp fall in SP? I appreciate they have recovered somewhat, but why the dip in the first place? It makes little to no sense to me.
http://community.brandrepublic.com/blogs/bobwillott/archive/2009/11/14/isis-ep-now-owns-17-of-adventis.aspx http://www.scotsman.com/business/Director-Dealings-Adventis-eyes-best.5825029.jp