dreamcatcher
- 27 Jul 2013 15:49
dreamcatcher
- 29 Jul 2013 16:14
- 7 of 85
Up 21% :-))
dreamcatcher
- 29 Jul 2013 16:20
- 8 of 85
Broker Round-up II: AdEPT Telecom, Allocate Software, Horizonte Minerals
By Jamie Nimmo
July 29 2013, 3:57pm
Northland Capital’s 115p target price on AdEPT Telecom (LON:ADT) already looks outdated, even though it would have meant a healthy return from investing in the AIM-listed telecoms company.
On Friday, the company revealed it is in advanced talks to buy around 3,000 business customer contracts for around £2mln, with a further £500,000 payable if the contracts do well.
The shares jumped 27p to 137p each today, which means the broker will have to revise its target price again if it is to keep its ‘buy’ rating.
Its share price has enjoyed a spectacular run since paying a maiden dividend in April last year.
It is thought the contracts will contribute £1.8mln in annualised revenues and £600,000 in underlying earnings (EBITDA) to the group.
dreamcatcher
- 29 Jul 2013 16:39
- 9 of 85
AdEPT Telcom shares surge again as Northland keeps 'buy' stance
By Giles Gwinnett July 29 2013, 1:10pm Shares in the telecoms group rose again on MondayShares in the telecoms group rose again on Monday
Broker Northland repeated its 'buy' rating on AIM-listed telecoms company AdEPT Telecom (LON:ADT) following Friday's news of a potential acquisition.
Shares in the telecoms group rose again on Monday, lifting nearly 23%, continuing the share's spectacular run over the past year, which has seen it more than double in value.
On Friday, shares advanced after it revealed it was in advanced talks to buy around 3,000 business customer contracts.
Although not certain to occur, the acquisition is expected to set the company back £2mln initially, with an extra £500,000 payable in cash based on the performance of the contracts after the deal.
It is thought the contracts will contribute £1.8mln in annualised revenues and £600,000 in underlying earnings (EBITDA) to the group.
The broker kept its 115p price target for the shares unchanged.
goldfinger
- 29 Jul 2013 16:42
- 10 of 85
Well done here DC.
dreamcatcher
- 29 Jul 2013 16:44
- 11 of 85
Thanks gf.
goldfinger
- 29 Jul 2013 16:46
- 12 of 85
Saw it in Saturdays paper and then forgot ........ s--t. Tore my shoulder joint so been busy at A@E.
Drat drat ............and a final drat.
dreamcatcher
- 29 Jul 2013 16:48
- 13 of 85
I thought you we laying out on the sun bed in the rain/sun :-))
goldfinger
- 29 Jul 2013 17:10
- 14 of 85
LOL, I wish.
Got this corset thingy around my shoulder neck and top half. Can hardly move.
Did it trying to tear away tree roots. Devils sprung back and I went twack.
dreamcatcher
- 29 Jul 2013 17:15
- 15 of 85
So easily done. Your the third person to tell me they have done that. Hope the trading finger still works fine. Plenty of cups of tea as they say in my house and REST IT.
dreamcatcher
- 31 Jul 2013 15:35
- 16 of 85
Still moving up.:-))
dreamcatcher
- 31 Jul 2013 17:05
- 17 of 85
dreamcatcher
- 01 Aug 2013 16:55
- 18 of 85
Notice of AGM and Dividend Timetable
RNS
RNS Number : 7012K
AdEPT Telecom plc
01 August 2013
AdEPT Telecom plc
("AdEPT Telecom" or the "Company")
Notice of AGM and Dividend Timetable
The Board of AdEPT Telecom confirms that a notice convening an annual general meeting of the Company, to be held at 10.00am on 26 September 2013 at 77 Mount Ephraim, Tunbridge Wells, Kent TN4 8BS (the "AGM") is available to download from the Company's website, www.adept-telecom.co.uk and will shortly be posted to shareholders.
The notice of AGM includes a resolution to approve the final dividend of 0.75p per ordinary share to be paid on 10 October 2013 to shareholders who are on the register of members on the record date of 20 September 2013. Total dividends declared during the year ended 31 March 2013 of 1.50p per ordinary share represent a 200% increase year-on-year (2012: 0.50p).
For further information on AdEPT Telecom please visit www.adept-telecom.co.uk or contact:
dreamcatcher
- 02 Aug 2013 22:30
- 19 of 85
Shares in Adept Telecoms (unchanged today at 140p) was another of the week’s top performers, rising 27 per cent, as it continued its share's spectacular run over the past year, which has seen it more than double in value.
http://www.dailymail.co.uk/money/markets/article-2383447/SMALL-CAP-MOVERS-Summer-rush-sweeps-AIM-market-results-season-starts.html
dreamcatcher
- 06 Aug 2013 16:21
- 20 of 85
Acquisition
RNS
RNS Number : 0049L
AdEPT Telecom plc
06 August 2013
AdEPT Telecom plc
("AdEPT Telecom" or the "Company")
Acquisition of certain trade and assets from Bluebell Telecom Limited
Further to the announcement on 26 July 2013, the Board of AdEPT Telecom, one of the UK's leading independent providers of voice and data telecommunications solutions, is pleased to announce that it has signed an agreement to acquire approximately 3,000 business customer contracts from Bluebell Telecom Limited ("Bluebell") for an initial cash consideration of approximately £2m. Further consideration of approximately £0.5m may be payable based upon performance of the contracts post-acquisition.
The business customer contracts acquired from Bluebell complement the AdEPT Telecom portfolio as they are all UK based fixed-line telecom business customers taking communications products including lines, calls, data connectivity, inbound-telephony and maintenance services. Management of the contracts will be transferred to AdEPT Telecom's office in Tunbridge Wells, Kent during August 2013.
Based on recent management accounting information, annualised revenue and EBITDA attributable to the contracts being acquired is anticipated to be approximately £1.8 million and £0.6 million respectively.
The total consideration will be funded out of AdEPT Telecom's existing bank facilities.
For further information on AdEPT Telecom please visit www.adept-telecom.co.uk or contact:
dreamcatcher
- 06 Aug 2013 16:32
- 21 of 85
Northland also repeated its ‘buy’ AdEPT Telecom (LON:ADT), which on Tuesday confirmed it will pull the trigger on a £2mln deal to acquire 3,000 business customers from Bluebell Telecom.
The contracts being bought are all UK fixed line and generate annual sales and EBITDA of £1.8mln and £600,000 respectively.
“The AdEPT management team has a proven ability to make and integrate acquisitions (18 to date) and convert profits into cash,” said Northland analyst David Johnson.
“The UK business telecoms market remains highly fragmented and there is scope for further consolidation.”
Earlier analysts weighed in with no fewer than six downgrades to recommendations, with the promise of more to follow.
http://www.proactiveinvestors.co.uk/columns/broker-spotlight/13769/broker-spotlight-pt2-gemfields-888-adept-and-regency-find-support-13769.html
dreamcatcher
- 06 Aug 2013 16:35
- 22 of 85
dreamcatcher
- 13 Sep 2013 20:01
- 23 of 85
Ex dividend Wed 18 Sept 0.75p
dreamcatcher
- 26 Sep 2013 18:56
- 24 of 85
Result of AGM
RNS
RNS Number : 9808O
AdEPT Telecom plc
26 September 2013
AdEPT Telecom plc
("AdEPT Telecom" or the "Company")
AdEPT Telecom is pleased to announce that at the Annual General Meeting ("AGM") of the Company held at 10.00am today, all the proposed resolutions were duly passed.
Roger Wilson, Chairman of AdEPT Telecom, commenting at the Company's AGM said:
"AdEPT has delivered a tenth consecutive year of increased EBITDA. Continued deleveraging from consistent free cash flow generation has been used to finance the 200% increase to dividends during the year ended 31 March 2013 and subsequently the recent acquisition of business customers from Bluebell Telecom Limited."
For further information on AdEPT Telecom please visit www.adept-telecom.co.uk or contact:
dreamcatcher
- 03 Oct 2013 20:18
- 25 of 85
Looking for a re-entry price, once the dust settles with the markets.
3 Oct Northland... 145.00 Buy
dreamcatcher
- 02 Nov 2013 09:06
- 26 of 85
AdEPT Telecom still looking for acquisitions
By Charlotte Kan November 01 2013, 8:24am
Roger Wilson, chairman of AdEPT Telecom (LON:ADT), a provider of voice and data network services, told Proactiveinvestors the company is still seeking acquisition opportunities and will pursue its "very progressive" dividend policy.
http://www.proactiveinvestors.co.uk/companies/stocktube/2294/-adept-telecom-still-looking-for-acquisitions-2294.html