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General Category => Shares => Topic started by: Arne on August 13, 2014, 06:41:54 pm

Title: Adaptit Uncertainty
Post by: Arne on August 13, 2014, 06:41:54 pm

Hi.  Does anyone know why AdaptIT's share price is battling?  Is this still due to the bad news at Pinnacle and that AdaptIT might be involved in something similar?
Any opinions would be appreciated.

Title: Re: Adaptit Uncertainty
Post by: devan on August 14, 2014, 11:57:59 am

could be similar, as I know a director has been suspended.
What the market knows though, i am not sure, but highly doubt there will a recovery until some good news comes out or the director is cleared

Title: Re: Adaptit Uncertainty
Post by: Moonraker on August 14, 2014, 01:08:22 pm

Quote from: devan on August 14, 2014, 11:57:59 am

could be similar, as I know a director has been suspended.
What the market knows though, i am not sure, but highly doubt there will a recovery until some good news comes out or the director is cleared

Interesting, where did you see that a director has ben suspended ?

Title: Re: Adaptit Uncertainty
Post by: Arne on August 14, 2014, 02:22:36 pm

Yea I would also like to know.  I've found nothing with regards to a director being suspended.

Title: Re: Adaptit Uncertainty
Post by: devan on August 14, 2014, 02:49:53 pm

I work for a subsidiary of theirs and they sent out a company wide email about the suspension of the director ... it must be on sens if they sent it out to the entire company??
Just checked and does not seem like they put a trading update out for this. Surely they are required to put out a sens update if a director is suspended??

Title: Re: Adaptit Uncertainty
Post by: jaDEB on August 14, 2014, 05:37:39 pm

Careful what u put on web. Maybe edit above  :whistle:

Title: Re: Adaptit Uncertainty
Post by: Luna on August 14, 2014, 05:59:50 pm

Well, I made about 10% today from it in game... results will be out next week.. hopefully it will go higher... if not I will sell again.

Title: Re: Adaptit Uncertainty
Post by: devan on August 15, 2014, 02:04:37 pm

Quote from: jaDEB on August 14, 2014, 05:37:39 pm

Careful what u put on web. Maybe edit above  :whistle:

Was actually wondering about that, but they did send it company wide, so it can't really be meant to be a secret :)

Title: Re: Adaptit Uncertainty
Post by: Orca on August 20, 2014, 01:03:38 pm

No director suspended. Are you not confusing it with PNC?
I just bought ADI today after some research. The acquisition of Aquilon with the warranty of minimum profits in place for the next 2 years have now been calculated forward and seems correct. This puts ADI in good stead going forward plus the relatively high price will be corrected by its performance.
With such good results, I cannot fathom why it is not shooting the lights out.

Title: Re: Adaptit Uncertainty
Post by: devan on August 20, 2014, 01:47:36 pm

Orca, definitely not confusing them with PNC.
It was in the email sent out by the CEO.
As I said, very surprised they did not disclose this on sens, but I am not sure about how this is meant to work.

Title: Re: Adaptit Uncertainty
Post by: Orca on August 26, 2014, 04:37:54 pm

I followed jaDEB's strategy and sold PNC at a low and bought ADI that is sinking just as fast.
ADI had reached support but broke through it.

Title: Re: Adaptit Uncertainty
Post by: jaDEB on August 26, 2014, 04:49:21 pm

 :(