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AdvancedAdvT

March 2024

Investing in shares may lose you all or some of your money. Past performance is no indication of future performance. Some of the shares recommended here may be small company shares, which can be relatively illiquid and hard to trade and this makes such shares more risky than other investments.

  • Epic Code:
  • ADVT
  • Price:
  • 114.5p
One company I anticipate profiling in an upcoming issue is AdvancedAdvT (ADVT; 114.5p), briefly mentioned in January. The shares subsequently resumed trading on AIM after their seven-month suspension during which time it acquired five software businesses from Capita (CPI; 18.9p) for approximately £33m cash, heralding the return of Vin Murria to the helm of a listed roll-up vehicle after a nine-year absence. One lossmaking business acquired in the deal has since been divested for £3.5m, leaving ADVT with four remaining software businesses. In their last reported year (2022), these businesses generated sales of £32.4m (approximately 75% recurring) and £5.3m in EBITDA. Additionally, ADVT holds 12m shares in M&C Saatchi (SAA; 175p) value ...

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With small companies there is an above average degree of risk compared to buying blue chips. Please be aware that we have not assessed the suitability of any of these investments for you. The newsletter simply states a personal view and diarises the editor’s investment decisions. Please speak to your stockbroker or other qualified individual to ascertain whether any of these companies mentioned would form useful additions to your own portfolios. Past performance is no indication of future success.

All material on this website is protected by copyright. You may use Information retrieved from the www.scsw.co.uk website for your own personal non-commercial use which means that you may not sell or copy this information to any third party without prior written consent. ISSN 1358-183X

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