Share Name Share Symbol Market Type Share ISIN Share Description
Avanti Comm. LSE:AVN London Ordinary Share GB00B1VCNQ84 ORD 1P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  -0.375p -1.91% 19.25p 19.25p 19.50p 19.50p 18.75p 19.50p 346,071.00 16:35:00
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Mobile Telecommunications 62.3 -50.4 -37.1 - 28.37

Avanti Communications Share Discussion Threads

Showing 18926 to 18947 of 18950 messages
Chat Pages: 758  757  756  755  754  753  752  751  750  749  748  747  Older
It would be good to get ome positive news e.g.a second quarter trading update showing increased utilisation and a positive ebitda.
Avanti Communications Group plc Update: Avanti Communications Group plc - S&P Lowers Ratings 3 February 2017 Distressed Company Alert On January 27, 2017, S&P Global Ratings lowered its corporate credit rating on Avanti Communications Group plc to SD from CC and its senior secured notes due 2019 to D from CC. According to S&P Global, the downgrade follows the close of Avanti’s distressed exchange for $708 million of its senior secured notes due 2019. Avanti offered a combination of $497 million amended notes with a payment-in-kind (PIK) toggle feature and subordinated position maturing in 2022/2023, and $211 million of newly issued senior PIK toggle notes maturing in 2021/2022. S&P considers the transaction tantamount to a selective default because they view the combination of amended notes and newly issued senior PIK toggle notes offered to be less than the original promise of the notes. I hadn't actually realised that it was possible for Avanti's bonds to have a worse credit rating but there you go.
Just how old is this news? Article dated 28/04/16? Sp of 94p mentioned for AVN?
sorry for long posts but i thought this might be of interest to some i noticed one post thinks avn are still in bed with facebook not looking good and it looks like viasat ipo is raising money for a fast launch of satellites and they have Boeing on there side if you have time read vsat rns feeds think there clues in for money raising as for avn bleak
European Space Agency and ViaSat Partner to Stimulate Growth Across Europe's Space Industry Ecosystem New Programme Will Bring High Capacity Satellite Products, Applications and Services to Market Quicker, Further Establishes Europe as a Centre of Space Industry Excellence BRUSSELS (6th Annual ARTES Applications Workshop) - April 28, 2016 - The European Space Agency (ESA) and ViaSat Inc. (Nasdaq: VSAT), a global broadband services and technology company, today announced a new pilot programme called the High Capacity Satellite Applications Factory Initiative ("the HCS Initiative"). This initiative will focus on accelerating Europe's growth as a centre of excellence and innovation in the space industry through the rapid development of new HCS products, applications and services. A three-year multi-million euro project, the HCS Initiative involves the collaboration of ESA, Member States, industry, universities and ViaSat. The major goal of the HCS Initiative is to simplify and shorten the funding application process to reduce time-to-market for new products, applications and services that can contribute to, or benefit from, advanced HCS systems. The HCS Initiative expects to spur job creation and growth across the European space ecosystem by lowering barriers of entry for start-ups, Small-to-Medium Enterprises (SMEs) and new market entrants, and give large corporations the ability to prosper in the established space industry, which is estimated to be worth over €500bn by 2030. To kick-off the HCS Initiative, ESA and three Member States: the UK, Switzerland and Belgium will provide €30m in funding, and ViaSat will introduce and manage an online portal, known as the Space Hub. This portal will provide a collaborative space for ESA, Member States and participating organisations to share knowledge and experience; identify potential partners and opportunities; and ultimately produce more effective HCS technologies, applications and services. Projects selected under the HCS Initiative will receive up to 50 percent funding, with assistance from ViaSat that could include technical support on proposal preparation and project execution, program management, test bandwidth and hardware support. Magali Vaissiere, ESA director of Telecommunications and Integrated Applications commented, "Through ARTES Competitiveness and Growth (C&G), ESA provides broad support for the development and validation of technologies, products, applications and services to maintain and further improve the competitive position of industry of ESA Member States in the global market of satellite telecommunications. The ViaSat Applications Factory initiative is a clear example of how the ARTES Competitiveness & Growth programme can provide effective support to successfully develop products and applications. This initiative will help the ESA Member States and Industry to team up with ViaSat and to quickly integrate and demonstrate their products in the High Capacity Satellite ecosystem of ViaSat as well as across the wider Satcom market." "High Capacity Satellites are a new breed of technology that is delivering ubiquitous, affordable broadband services to rival cable, fibre and terrestrial offerings. They also deliver services where terrestrial offerings simply cannot compete from hard-to-reach residential or business locations to providing in-flight internet. We believe the possibilities for how to connect people with High Capacity Satellites are endless," said Keven Lippert, executive vice president, Space Systems and Corporate Development, ViaSat. "However to leverage the potential from High Capacity Satellite systems, we need constant innovation, fresh thinking and investment from across industry, academia and government. By partnering with ESA and others on the High Capacity Satellite Applications Factory Initiative, we are making a commitment to energise development and reduce time-to-market for new High Capacity Satellite technologies, applications and services across Europe." ViaSat's Commitment to Europe ViaSat is a natural fit for the HCS Initiative, as the Company has led the global transformation in HCS satellite systems and services for nearly three decades. The HCS Initiative represents a key step in ViaSat's ongoing commitment to bring HCS services to Europe. It comes in the wake of ViaSat's recently announced joint venture with Eutelsat to provide residential and commercial high-speed satellite services across Europe and ViaSat's announcement to deliver a dedicated ViaSat-3 class satellite, which will provide more than 1,000Gbps of total capacity over Europe, Middle East and Africa by 2020. Additional Supporting Quotes "Satellite services are now a fundamental part of our interconnected global economy. The HCS Initiative represents a fresh approach designed to open up the innovation arena to new players enabling them to build real world solutions and bring them to the market quickly and effectively. This innovative 'match making' will bring the kind of dynamism and creativity to the development of technology, applications and services that should be tailor-made for those with an entrepreneurial approach. The initiative therefore has the real potential to drive economic growth and stimulate job creation and we look forward to seeing that positive impact in the UK economy." - Catherine Mealing-Jones, Director of Growth at the UK Space Agency "The momentum created through the HCS Initiative is an important and unique opportunity for budding enterprises beyond the space sector. In this collaboration with ESA and national delegations, ViaSat plays an important role of an enabler and catalyst. What was once a start-up seed in Switzerland has become part of a global enterprise that itself enables new ventures. I very much look forward to the economic growth that this initiative unlocks in Switzerland and Europe." - Daniel Neuenschwander, head of the Swiss Space Office About ViaSat ViaSat, Inc. (NASDAQ: VSAT) keeps the world connected. As a global broadband services and technology company, ViaSat ensures consumers, businesses, governments and military personnel have communications access - anywhere - whether on the ground or in-flight. The Company's innovations in designing highest-capacity satellites and secure ground infrastructure and terminal technologies coupled with its international network of managed Wi-Fi hotspots enable ViaSat to deliver a best available network that extends the reach and accessibility of broadband internet service, globally. For more information visit ViaSat at:, or follow the Company on social media: Facebook, Twitter, LinkedIn and YouTube. Forward Looking Statement This press release contains forward-looking statements that are subject to the safe harbors created under the Securities Act of 1933 and the Securities Exchange Act of 1934. Forward-looking statements include, among others, statements that refer to the HCS Initiative, reduced time-to-market for new HCS technologies and services in Europe, ViaSat's joint venture with Eutelsat and ViaSat-3 class satellites providing more than 1,000 Gbps of total capacity over Europe, Middle East and Africa by 2020. Readers are cautioned that actual results could differ materially from those expressed in any forward-looking statements. Factors that could cause actual results to differ include: the ability to realize the anticipated benefits of the ViaSat-3 satellite platform; unexpected expenses or delays related to the satellite system; the ability to successfully implement ViaSat's business plan for broadband satellite services on ViaSat's anticipated timeline or at all, including with respect to the ViaSat-3 satellite platform; and risks associated with the construction, launch and operation of ViaSat-3 and ViaSat's other satellites, including the effect of any anomaly, operational failure or degradation in satellite performance; the satisfaction of closing conditions for the Eutelsat joint venture, including receipt of regulatory approvals; the parties' ability to successfully integrate and operate the new joint venture, and achieve expected synergies and other benefits; the ability to attract and retain key employees for the new joint venture; the impact of competition; the ability to develop products and technologies; the impact of changes in the financial markets and global economic conditions; risks associated with the construction, launch and operation of satellites used to supply these new services, including the effect of any anomaly, operational failure or degradation in satellite performance; reduced demand for products as a result of continued constraints on capital spending by customers; changes in relationships with, or the financial condition of, key customers or suppliers; reliance on a limited number of third parties to manufacture and supply products; ViaSat's level of indebtedness and ability to comply with applicable debt covenants; and other factors as may be detailed from time to time in ViaSat's public announcements and SEC filings. In addition, please refer to the risk factors contained in ViaSat's SEC filings available at, including ViaSat's most recent Annual Report on Form 10-K and Quarterly Reports on Form 10-Q. Readers are cautioned not to place undue reliance on any forward-looking statements, which speak only as of the date on which they are made. ViaSat undertakes no obligation to update or revise any forward-looking statements for any reason.
Oddly enough it seems as if the bombastic boss of Avanti Communications (AVN), uber Welsh David Williams is not keeping his poor, and getting poorer by the day, followers up to speed with all the bad news from his worthless company. We start in his back yard where there is mounting evidence that Viasat, a US based high speed satellite operator is eating Avanti's lunch in Europe. The Yanks have teamed up with the European Space Agency to set up a new High Capacity Satellite initiative to bring products to market. Avanti used to be the darling of the European Space Agency. It paid for a big chunk of HYLAS 1, sold the Artemis satellite to Avanti and is the partner on HYLAS 3. It seems a huge blow for Viasat to come in and take over. Projects selected under the HCS Initiative will receive up to 50% funding, with assistance from ViaSat that could include technical support on proposal preparation and project execution, program management, test bandwidth and hardware support. It's unlikely that Avanti'll get a look in against a competitor or want to pitch for any of the business. Hmmm, not goode news for the bombast - you can read more HERE Then we move further afield and I see that Luxembourg based SES has announced a deal with Facebook to sell satellite capacity for the next few years in Africa. Again, Avanti doesn't get a look in despite it's claims to be the best in the continent. So much for all those stories about Avanti and Facebook. You can see how Avanti is getting wiped by SES HERE Shares in Avanti, at 94p, remain a slam dunk sell. Target - when the cash runs out - 0p. - See more at: hxxp://
A bit like the moon landing you mean? I'm sure NASA can advise.
Launching it is one thing. Filling it is something else.
Should be a good time to buy again with Hylas 4 due for launch.
new tech
$242 million is alot of money to lose on a maybe, they will have been convinced to have put up such a large amount of money on the success of Avn IMO R2
Unfortunately interest payments may outstrip turnover growth with lower pricing coming through. was 2000 per mb, forecast to go to 1200 per mb.
From today's RNS David Williams, Chief Executive said "The Company welcomes the support of investors in funding the business with this $242m financing package and looks forward to the forthcoming launch of HYLAS 4 this year which will mark a major step forward for the business." RNS confirmation of launch date will add real excitement to the share price, finally heading in the right direction gla R2
Roofer or is rolfer :-) One day I'll make you famous, if only on the shareprophets site. Dice, you get a special mention. If I win the comp I'll share one of the two tickets with one of you...whichever post gets the vote - can't be fairer than that.
Roofer - Did you read the annual report after falling off the roof? JN posts in summary for you. See share price for a comprehensive translation service. Perhap new year share price will produce a colouring book highlighting the red flags for you.
Elrico, you go for it my boy.To many dreamers who will not ever believe the facts, even if they are in black & white & staring them in their face.
Weatherman - with respect, why should I let it go? Any potential PI should be afforded facts from the bear point not just the ramp spin by the usual suspects, or do you not think the bear points are valid? They have been proven correct thus far, this cannot be disputed. I take you are OK with the CEO ramping his stock while selling it. I am unsure what you mean by "wasting time on negative emotions." I have never been emotional about any investment or bear trade.
In my opinion. They should sell Hylas 4 to the Chinese and pay down debt, then focus upon getting full utilisation of the existing fleet of H1, H2, H2b and H3. Going forward they would seek to become cash flow positive and get a cheaper interest rate. Then look for sustainable ways of growing the business.
Let it go Elrico - this is why a balanced portfolio is worthwhile, so don't waste time on negative emotions. I've sold because prices are slipping and they have made little progress overall over 12 months Q1 16 = $16m to Q1 17 = $18m despite winning new business. Some companies just seem cursed with a run of negative events. But I'm not bitter or jealous. Just get on with looking for the next investment opportunity.
While AVN has piled on the debt and burned cash, CEO David Williams was rewarded so handsomely for failure - while investors have been bleed dry. Williams family must be proud of their wealth at investor's expense.
800,000 @ just below 30p yesterday tells me a different story. £240,000 invested shows someone is very happy with avn ! Gla R2
dudishes, they do mean 2017. It's a Q1 statement for the financial year ending 30 June 2017.
I'm not sure about bidders returning. More like a temporary patch to allow time to organise a serious fund raising. Smell the dilution.
Chat Pages: 758  757  756  755  754  753  752  751  750  749  748  747  Older
Your Recent History
Gulf Keyst..
FTSE 100
UK Sterlin..
Stocks you've viewed will appear in this box, letting you easily return to quotes you've seen previously.

Register now to create your own custom streaming stock watchlist.

By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions

P:35 V: D:20170225 04:46:39