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BBB Bigblu Broadband Plc

37.50
-1.00 (-2.60%)
28 Mar 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Bigblu Broadband Plc LSE:BBB London Ordinary Share GB00BD5JMP10 ORD 15P
  Price Change % Change Share Price Shares Traded Last Trade
  -1.00 -2.60% 37.50 18,512 15:19:48
Bid Price Offer Price High Price Low Price Open Price
35.00 40.00 38.50 37.50 38.50
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Finance Services 31.22M -3.05M -0.0522 -7.18 21.96M
Last Trade Time Trade Type Trade Size Trade Price Currency
15:19:49 O 5,000 36.25 GBX

Bigblu Broadband (BBB) Latest News

Bigblu Broadband (BBB) Discussions and Chat

Bigblu Broadband Forums and Chat

Date Time Title Posts
19/1/202412:50BigBlu Broadband517
14/4/202200:06One for the ISA67
25/2/201617:15BB BUST ?34

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Bigblu Broadband (BBB) Most Recent Trades

Trade Time Trade Price Trade Size Trade Value Trade Type
15:19:5036.255,0001,812.50O
15:19:4437.039,3793,473.04O
12:38:0137.0313349.25O
11:24:0137.031,000370.30O
10:43:1537.103,0001,113.00O

Bigblu Broadband (BBB) Top Chat Posts

Top Posts
Posted at 28/3/2024 08:20 by Bigblu Broadband Daily Update
Bigblu Broadband Plc is listed in the Finance Services sector of the London Stock Exchange with ticker BBB. The last closing price for Bigblu Broadband was 38.50p.
Bigblu Broadband currently has 58,551,487 shares in issue. The market capitalisation of Bigblu Broadband is £21,956,808.
Bigblu Broadband has a price to earnings ratio (PE ratio) of -7.18.
This morning BBB shares opened at 38.50p
Posted at 20/12/2023 21:44 by weatherman
hxxps://simplywall.st/stocks/gb/telecom/aim-bbb/bigblu-broadband-shares/news/bigblu-broadband-plc-lonbbb-doing-what-it-can-to-lift-shares
Posted at 04/8/2023 13:08 by value hound
Yes, I did what was intended to be a small dummy trade to check the price. The ask was 44p, but I got quoted 41.1p so just let the small top-up go through as it's v slightly less than previously
Posted at 13/6/2023 15:34 by value hound
Sorry, didn't realise the rise had been caused by Simon Thompson's re-tip today.

FWIW, he concludes with:

"Expect the share price fall to reverse quickly when the penny drops with investors. A likely IPO of SkyMesh could well bring FinnCap’s 90p target into play. Buy."
Posted at 13/6/2023 14:27 by value hound
Encouraging move up today. Obviously, it could be worth a lot more if and when it spins out its Skymesh subsidiary operation in Australia. Chris Mills topped up at 48.5p in March to go to over 25% and he's infinitely smarter (and richer...) than me so I was happy to buy at 42p.

According to Simon Thompson, when he tipped it on 1st March at 54pps, they're forecast by FinnCap to make £5.6m on revenue of £31.9m this year. He thinks a realistic valuation for Skymesh is something around 95p a share. I'd be a lot more pessimistic - but still..! In addition, there's BBB's Nordic business which is said to be recovering - so as and when the listing does happen, BBB should comfortably double and will still be undervalued and Chris Mills has a great track record of making sure this kind of thing does come to pass. He did a Vox markets podcast earlier this week in which BBB wasn't mentioned at all - so it made me wonder if he couldn't say anything about it as he's on the BoD and there's imminent news? That said, I don't think he mentioned them on the last Vox Markets interview either.
Posted at 24/3/2023 18:16 by weatherman
45p per share autumn 2021
Posted at 06/3/2023 11:29 by hjs
Bbb is trading at a huge discount when you take into account Skymesh valuation which once floated will give a moderate valuation of 96p. Imo when skymesh gets floated in Ausiland, I expect the valuation to be over £1.15 to 1.30.
Do your own DD.
Posted at 04/3/2023 15:36 by weatherman
Read article now. ST in IC suggests skymesh alone worth 96p of bbb if floated in Oz
Posted at 05/12/2022 08:15 by weatherman
Another acquisition - and this statement. "In addition, the Board also continues to explore all options to realise value for BBB shareholders from SkyMesh, which could include a potential ASX listing of SkyMesh."
Posted at 02/7/2021 12:24 by sev22
I thought I would re-circulate Simon Thompson's article dated 26th April 2021 highlighting what an under priced opportunity BBB was then and even more so today.


I always carry out sum-of-the-parts valuations during my research on a company to ascertain whether there is a pricing anomaly to exploit. I also try and identify share price catalysts to narrow the valuation gap, and assess when they are likely to materialise.

BigBlu Broadband, a provider of alternative superfast broadband products, is a prime example. Last autumn, Christopher Mills, founder of Harwood Capital and non-executive director of BigBlu, splashed out £2.26m buying shares in the company, almost all of which was on behalf of North Atlantic Smaller Companies Investment Trust, the fund he runs. Harwood owns a 27.7 per cent interest in BigBlu’s shares.

At the time, I suggested that the growth in BigBlu’s Quickline subsidiary was being seriously underpriced and the stake had potential to be worth as much as the company’s own market capitalisation (‘Exploiting valuation anomalies’, 15 October 2020). That prediction was not far off the mark following BigBlu’s disposal this week. Moreover, it follows last summer’s sale of BigBlu’s UK and European satellite broadband businesses for £37.8m – a 50 per cent premium to the prices paid the company. Even though BigBlu’s share price has risen 30 per cent in the past six months, investors have yet to fully factor in the financial implications of both transactions.

BigBlu Broadband’s eye-catching disposal:

Disposal of Quickline stake for up to £48.6m.
Ongoing interest in Quickline through convertible loan notes.
Expansion in Australasia and Nordics.

Aim-traded BigBlu Broadband (BBB:122p), a provider of alternative superfast satellite, fixed wireless and 4G/5G broadband products, has announced the disposal of its 52.7 per cent-owned Quickline subsidiary for a maximum consideration of £48.6m. That sum equates to 5.8 times the company’s investment, a return that has been produced in less than four years.

Quickline is building its own fixed wireless access networks, supported by increasing amounts of fibre infrastructure, to address the ‘digital divide’ in the UK. The fast-growing business targets poorly served parts of Lincolnshire and Yorkshire and its investment prospects are attractive enough for private equity group Northleaf Capital Partners to pay a multiple of 23 times forecast cash profit to enterprise valuation.

On completion BigBlu will receive £31.1m cash and £5.6m convertible loan notes (CLNs) yielding 4.5 per cent in the acquisition vehicle. In addition, the company is expected to receive a cash earn-out of £10.1m and a further £1.8m in CLN’s based on Quickline’s financial performance in the 12 months to 31 March 2022. Post completion, BigBlu’s cash and cash equivalents of £32.8m will equate to 48 per cent of its own market capitalisation. The combined £7.4m CLNs can convert into 8 per cent equity in the acquirer’s holding company, thus offering potential for further value accretion to BigBlu’s shareholders.

BigBlu focus is now on its two overseas businesses: SkyMesh, a leading Australian satellite broadband provider with 45,000 customers; and a Nordic satellite and fixed wireless broadband business that aims to expand its geographic footprint into Sweden and Finland.

In Australia, SkyMesh targets customers in rural areas outside of the fibre footprint, who only receive a low-speed and low-quality service from traditional fixed telecom broadband suppliers. The aim is to grow the customer base by 10,000 per year through organic channels, and expand the offering into New Zealand. The operation is forecast to report both cash profit and operating free cash flow over £3m this year and has potential for an IPO or disposal, too.

In the Nordics, BigBlu is investing £2m upgrading its fixed wireless network (8,900 subscribers), and should benefit from greater satellite capacity (currently 2,300 subscribers) from the world's leading satellite operators Eutelsat (NYSE /Euronext: ETL) and ViaSat (NSQ: VSAT) to support expansion into Sweden and Finland over the next two years. The Nordics operation is forecast to report a cash profit of £2.2m in the 2021 financial year.

BigBlu’s share price is up 11 per cent since my last buy call (‘Three high growth small-cap plays’, 11 January 2021), and there is still compelling value on offer. Adjusting for cash on the balance sheet and the deferred cash and VLN earn-outs, BigBlu’s enterprise valuation equates to only eight times finnCap’s operating profit estimate of £3.1m for the 2021 financial year. I am raising my target price from 165p to 175p. STRONG BUY.
Posted at 25/2/2020 19:44 by oohrogerpalmer
The problem with BBB share price is the last update.
Customer sign up numbers were down and debt was up , exactly the 2 things the markets don't like. Until BBB give results / update that reverse these then things wont improve.
Bigblu Broadband share price data is direct from the London Stock Exchange

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