fsa investigation?
ADVFN PLC
24 November 2006

ADVFN PLC (the 'Company')

Exercise of Options

The Company announces that options to subscribe for 150,002 ordinary shares of
one pence each in the Company have been exercised at a price of 1.25p per share.
These shares have been allotted and application for the shares to be admitted to
trading on AIM has been made to the London Stock Exchange. Admission of and
dealings in these shares are expected to commence on 1 December 2006.

what price cupid?

DatingDirect bought by European rival for 27m By Staff
09-01-2007 09:36 AM
Related:
UK-based online dating service Dating Direct is to be sold to Meetic, continental Europe's leading online dating agency, for a deal worth 27.3m.
DatingDirect was formed by Darren Richards and Andrew Pike in 1999, and now has has more than 4.5m members.

Commenting on the deal, Darren Richards, DatingDirect CEO, said: "Our commitment to developing a real opportunity for people to find real relationships has made DatingDirect.com the most popular dating destination in the UK, and now hopefully this will continue into Europe."

Meetic hopes the takeover will allow the company to enter the UK market without the need for an expensive brand building campaign.

Marc Simoncini, founder and chairman of Meetic, said "Thanks to this acquisition we will have conquered in less than five years the leading position on most of the international markets on which we operate."

The group, already present in 14 European countries and China and Brazil, planned to expand further in 2007, he added.

Meetic had sales in 2005 of 43 million euros. It is due to publish final 2006 figures on February 13. DatingDirect had sales in 2006 of 16 million euros, Meetic said.

Cupid had sales of ...?

Blimey for once maestro you are right.

Whats going on???????????????????????????????

kayak...yeah be nice to know by having properly audited accounts

gf...it is the biggest dating site in UK though but having said that cupidbay isn't that far behind in the alexa rankings...if its worth a couple of million its not to be sniffed at

Is this meeting tomorrow then ?

Looking at the accounts and I am a past accountant, I can only say the first thing that strikes me is the increase in admin charges, whats going on here?

To be honest I dont have to take it any further at the moment, the increase in admin charges needs investigation.

does the admin charges include the purchase of siliconinvestor and investorhub?..if not i think we want some explanaTIONS TOMORO

Hey??????????????????????????

Maestro

It certainly shouldn't, they raised 3mil sterling in the placement to buy both companies at a price of $3mil dollars. Ther surplus was supposed to be for further development of the sites.

.....can't be arsed to look at that so called balance sheet again but advfn announced it paid 500k cash as part of the 1.5m purchase of 'equity holdings' in February

up beat AGM statement...surprised 25% of all subscribers now come from overseas...looks like they have quit spending and are going to ramp up profits at last

So much for this action group then, what were they waving lettuce leafs.

ADVFN PLC
10 January 2007


ADVFN plc (the 'Company')


Result of AGM


The Company announces that at its Annual General Meeting, held today 10th
January 2007, all resolutions were duly passed. In addition, the Managing
Director of ADVFN, Clem Chambers, made the following statement:

'2006 was a strong year for ADVFN having seen a turnover rise of 35% to the year
end of June. Turnover growth has since continued in the period up to the end of
December.

The acquisition of InvestorsHub.com and Silicon Investor marks an important step
for ADVFN. It significantly expands our traffic and reach and brings with it a
strong platform of growth. The integration of these sites into our business
model has been proceeding well and the early fruits of this process will make a
positive impact in the year to June 2007. The prospects for significant growth
from these sites will be even greater in 2008.

Our overseas sites have been growing well with solid performances in Brazil,
Italy and Japan. This has resulted in non-UK subscriptions accounting for over
25% of ADVFN's total premium user sign ups. This proportion is steadily rising.

Equity Development, acquired at the beginning of 2006, is performing above
expectations and is profitable and cash generative.

CupidBay and Fotothing continue to generate strong traffic, and while non core
represent valuable properties which we believe will in due course provide an
excellent return.

ADVFN has been through a long period of investment in order to build a global
offering and while the company will continue investing, its platform has reached
a level of maturity where sales growth will increasingly improve bottom line
performance.

In the past the ADVFN business has grown alongside the growth of the site, which
has meant sales lagging development. With the growth of localised foreign
language sites and with the large traffic of our US acquisitions, the focus will
be less reliant on further investment thereby delivering a strengthening
financial performance.

With advertising sales levels and subscriber numbers at all time highs the
company is looking forward to strong growth in 2007 and feels confident that it
can continue to deliver this into 2008.'


For further information please contact:

Clem Chambers, CEO, ADVFN plc, 020 7070 0948
Fiona Kindness, Grant Thornton UK LLP (Nominated Adviser), 020 7383 5100
Rory Scott, Mirabaud Securities Limited (Broker), 020 7878 3360

Turnover growth means nothing without profit.

The only positive thing I can see is Equity Development.

Back to the drawing board Clem.

...."the focus will be less reliant on further investment thereby delivering a strengthening financial performance....".....

So he's finally given up on empire building - probably because he knows he can't raise any more equity from another new issue.

Looking at it again, all words and no figures.

Clem would make a good politician.

Spot on Richard.

Goldfinger

all words and no figures.

I agree, but that is par for the course with AFN and there is little to be done until further legislation dictates differently. However, the point has been made on numerous occasions that, to supply more information would look better in the eyes of shareholders.

The thing with which I would not agree is your comment about the action group waving lettuce leaves.

I think you may well find that as a result of it's formation and the support it received from major shareholders the line highlighted by RB may have been born.

...."the focus will be less reliant on further investment thereby delivering a strengthening financial performance....".....

I had received correspondence prior to AGM saying just that.

As for the rest of the content, I shall reserve judgement until we get some actual feedback from those who attended.

Well chaps .... I was there.

Let me just drop my lettuce leaf.

Mistakes have been made - On the reporting of the numbers ..... this will be rectified going forward. Good. Well done Mike and Clem.

The success sites (US, Brazil, Japan and Italy) will really effect the bottom line next year. The crap sites that did not work (France, Germany etc) are costing zilch and will remain (Hhhmm)

The 2.5M rise in "Admin Costs" was all down to 13 additional staff (Double Hhhhmmm)

Can I have a job?

Cupidbay and Fotothing are successful and up for sale (but nobody wants them) and are contributing nothing.

They want to sell AFN ....... to anyone.

Current share price is a joke - agreed.

rogersg - Is a nice chap.

Hmmm!

The 2.5M rise in "Admin Costs" was all down to 13 additional staff?

13 staff at 2.5m!

That's an average of 192,307 each!!!!!

do they need a tea boy? i'll settle for 25k

Haystack, they are all probably working in the Abuse dept LOL.

Bloomers and DD, thanks for putting me right on the lettuce leafs.