Author Topic: ADVC - Advant-e Corp.  (Read 23865 times)

aalexa1225

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Re: ADVC - Advant-e Corp.
« Reply #50 on: July 14, 2016, 10:21:24 AM »
Hi shareholders!

Let's band together. Email me at aalexa1@gmail.com, and let's talk about how we can get as much value from this situation as possible.

ADVC is very undervalued and they may try a take under.

AOA


KJP

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Re: ADVC - Advant-e Corp.
« Reply #51 on: July 14, 2016, 12:51:57 PM »
Hi shareholders!

Let's band together. Email me at aalexa1@gmail.com, and let's talk about how we can get as much value from this situation as possible.


You'd have appraisal rights (at least) in a take under.  But until that happens, what can you do given that the CEO owns more than 50% of the shares? 

aalexa1225

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Re: ADVC - Advant-e Corp.
« Reply #52 on: July 15, 2016, 08:28:34 AM »
Good point...

Are you a shareholder?

AOA

KJP

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Re: ADVC - Advant-e Corp.
« Reply #53 on: July 15, 2016, 10:37:44 AM »
Good point...

Are you a shareholder?

AOA

Yes

portfolio14

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Re: ADVC - Advant-e Corp.
« Reply #54 on: March 08, 2017, 04:24:48 PM »
Is anyone still holding ADVC?

Just received a juicy 8.54% dividend in my account today. I don't recall there was any announcement. But Google Finance shows the dividend was declared on Feb 16. There was no communication of any form from the company... Or did I miss it?  :-\

KJP

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Re: ADVC - Advant-e Corp.
« Reply #55 on: March 08, 2017, 05:35:59 PM »
Is anyone still holding ADVC?

Just received a juicy 8.54% dividend in my account today. I don't recall there was any announcement. But Google Finance shows the dividend was declared on Feb 16. There was no communication of any form from the company... Or did I miss it?  :-\

I'm still holding.  I didn't see any announcement either.  Given the historic payout ratio, the dividend is a good sign.  We should find out more in a few months when they send the annual report.

NeverLoseMoney

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Re: ADVC - Advant-e Corp.
« Reply #56 on: March 09, 2017, 05:03:15 AM »
There was a dividend announcement in my IB account. The stock went up on decent volume as well. I took the opportunity to sell almost all of my position. The way they went about the reverse split, and forced out many small shareholders at a low price, was terrible. Given this event, I believe they are unlikely to treat minority shareholders fairly in the future. Since it didn't make sense for me financially to pursue appraisal rights if I get offered a sub-par price in a future forced cash-out, it didn't make sense for me to hold. There is nothing stopping them from doing another forced cash-out of small shareholders.

KJP

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Re: ADVC - Advant-e Corp.
« Reply #57 on: March 09, 2017, 06:24:59 AM »
There was a dividend announcement in my IB account. The stock went up on decent volume as well. I took the opportunity to sell almost all of my position. The way they went about the reverse split, and forced out many small shareholders at a low price, was terrible. Given this event, I believe they are unlikely to treat minority shareholders fairly in the future. Since it didn't make sense for me financially to pursue appraisal rights if I get offered a sub-par price in a future forced cash-out, it didn't make sense for me to hold. There is nothing stopping them from doing another forced cash-out of small shareholders.

I generally agree with you.  In particular, I agree that a go-private is likely coming and that minority shareholders won't get full value.

portfolio14

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Re: ADVC - Advant-e Corp.
« Reply #58 on: March 13, 2017, 08:16:44 PM »
There was a dividend announcement in my IB account. The stock went up on decent volume as well. I took the opportunity to sell almost all of my position. The way they went about the reverse split, and forced out many small shareholders at a low price, was terrible. Given this event, I believe they are unlikely to treat minority shareholders fairly in the future. Since it didn't make sense for me financially to pursue appraisal rights if I get offered a sub-par price in a future forced cash-out, it didn't make sense for me to hold. There is nothing stopping them from doing another forced cash-out of small shareholders.

I generally agree with you.  In particular, I agree that a go-private is likely coming and that minority shareholders won't get full value.

It depends how small your holding is.

ADVC was listed via a backdoor listing at the time when ADVC needed the liquidity for its early investors who put in the capital to transform the business from a desktop software provider to a cloud-based SaaS provider. The CEO looks after these initial investors who helped him going through that difficult time. It shows in his earlier communications and in the generous dividends. If you think about it, given his majority shareholding, he has no reason to share the profits via dividends if he wants to screw all the minority shareholders and maximise his gains. He could've paid himself gigantic salaries.

aalexa1225

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Re: ADVC - Advant-e Corp.
« Reply #59 on: April 10, 2017, 11:37:07 AM »
CFO says financials our out... Anyone seen them yet? they are being distributed by Broadridge.

I am a huge fan of ADVC. 8% dividend, no debt, lots of cash, and we shall see if they kick started their revenue growth in 2016.

AOA