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AVN Avanti Communications Group Plc

0.0526
0.00 (0.00%)
28 Mar 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Avanti Communications Group Plc 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
  0.00 0.00% 0.0526 0.05 0.10 - 0.00 00:00:00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
0 0 N/A 0

Avanti Communications Share Discussion Threads

Showing 16926 to 16944 of 19600 messages
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DateSubjectAuthorDiscuss
16/3/2016
11:55
you can believe that Jordan if you like and ignore the past failures and hope the company changes history. History suggests Williams promises much and under delivers every time, so you have to ask what will change THIS TIME?
accrillium
16/3/2016
10:26
It must be hard work for some to produce a daily flow of conjecture and negative articles without anything new to say!. The 2016 First Half Results stated --- "Guidance of 50% continuing business constant currency revenue growth for the full year to 30 June 2016 supported by the second quarter order intake and a strong order pipeline"
So why not just go to the gym and wait to find out if the guidance is met or not.

jordon
16/3/2016
09:07
And the $25m was clearly stated in the accounts to all. They leased capacity they wouldn't use for capacity they could use in another location. The accounts reflect this as a sale even if not cash and the new capacity may increase costs in the short term, but expands their business reach in the medium to long term.
weatherman
16/3/2016
08:49
The past is the past Tom. The Market looks forward, but you seem stuck in the past....Avanti also told us that in future they will not chase turnover at the expense of profit margins. As for the BDUK scheme there are small companies like SAT that are addressing the difficulties with the scheme to make it simpler, and marketing it aggressively to their / AVN potential customers. So it isn't cost that stops people taking it up in England, but we knew that anyway because Avanti told us the likely cost. All going well in Wales though according to SAT.
weatherman
15/3/2016
19:47
nobody is taking it up though are they.
accrillium
15/3/2016
17:48
The SAT annual report says this 'We believe that the Company is ideally positioned to benefit from the growth in broadband demand especially in rural and remote locations (otherwise known as "not spots"), especially where this growth is underpinned via government support, which will generate robust long-term revenues.

The launch of the Governments' BDUK support scheme in England and Scotland should provide an ideal opportunity for growing revenue. However, we are disappointed that, due to the complex consumer application process, the take up for the scheme has so far been less than the Government would have hoped for. We are working with the Government departments concerned to streamline the application process and to accelerate the take up. The scheme in Wales is performing well...'

weatherman
15/3/2016
14:19
redangel - state your bear case instead of childish one-liners designed to bait investors...it's not cricket it's immature at best.
elrico
15/3/2016
14:19
SAT is a partner of Avanti in the BT deal and reported strong growth today.
weatherman
15/3/2016
13:57
Short to 50p (first target).Already making money on my short!!
redangel2612
15/3/2016
12:19
Thanks for the advice Mr Simpson, but I have 25 years experience in investing so I think I know the ropes.

The question is whether Avanti can re-mortgage the bonds once the present one is due for payment. This will be dependent upon evidence of business development and cash flow in a couple of years time.

The industry is going over to Ka band so their assets are worth something, and leasing spare asset capacity is potentially another way of raising revenue. Even the best estimates suggest Hylas 4 will only attain 75% capacity, so there are other ways of raising revenue if necessary. Other companies mentioned that have got into trouble have poor asset backing.

weatherman
15/3/2016
11:58
Dangerous - I think the line I have been using as far as the $25m revenues is concerned has been creative accounting , others have been less forgiving and that is point I have put across, This why AVN have been reported to the authorities. I would not be as bold our foolish to suggest, state AVN have committed accounting fraud.
elrico
15/3/2016
11:51
Wilks - I didn't advice I made it clear I had not checked. AVN have debt due in June 2017, but again, this is off the top of my head because I don't have the notes available while I'm away.
elrico
15/3/2016
10:17
here is a link to bond information regarding maturity which is oct 2019 over 3 1/2 years away not as enrico advised june 2017
wilksey1
15/3/2016
09:16
elrico,

Let's be clear the $25.1m transaction was not fraud. It was a declared transaction, was signed off by auditors and I have no reason to believe the published accounts are not correct.

However what those published accounts show was that the $25.1m transaction was booked as revenue, contributed positively to EBITDA, yet generated no cash, nor a receivable that would result in cash payment in the future. In fact the transaction generated a net cash liability in the region of €13m over the next 10 years.

That was clear to anyone who could read a set of accounts. I do believe the results narrative was weak in explaining this though and the share price reaction to that set of results indicated that at least a few investors had not fully understood the accounting treatment.

weatherman,

Investing is not a hard science so there are many possible future outcomes for every company. But going long Avanti, even with a punt-sized stake, is akin to picking up pennies in front of a steamroller. You may do ok at first but there's a high chance that one day you will take a serious loss.

I'm not averse to some trading as well as investing but I always trade in line with the most likely fundamental value. Given that Avanti debt is pricing in a significant chance of default, and S&P say they are looking to raise even more, then it's much more likely that Avanti go to zero than £5.25. Hence I would never go long even as a small punt.

dangersimpson2
15/3/2016
09:09
If you can put forward a reasoned argument then feel free to do so, but please refrain from posting links to spam websites. Ta.
michaelmouse
15/3/2016
09:02
Hopefully the Financial Reporting Council will get to the bottom of it.
bwakem
15/3/2016
08:42
elrico your making a lot of serious accusations about the directors of avanti clearly you must have a lot proof regarding your claims in all of your above posts if that is the case the serious fraud quad should be involved not chitter chatter on a buletin board....
wilksey1
15/3/2016
02:52
What are you basing 525p on? False data, cooked books! You may or may not be right assuming people are trying to recoup losses by going short, let's assume you are right in that assumption, now let's see what your evidence is for undermining the AVN's prospects for growth.I've never been long and to my mind have not posted anything deceptive or inaccurate about AVN. It's a poorly run company run by deceivers of the truth and serial failures delivering their own targets.For example: nobody has come up with a viable reason for AVN booking $25m revenues when it's patently not and there's the small matter of the $14m in the accounts AVN has to find on top of servicing it's growing debt mountain.
elrico
14/3/2016
20:52
My exposure to Avanti is currently not great, about £1800. But I can see a possible 5 x increase if all goes well. I've previously made £1200 buying and selling Avanti. Sorry some have lost money on Avanti and are now seeking to get their money back by undermining it

Furthermore, I don't think the bonds are valued rationally. And yes you can make money without going short.

I attended a Farnborough Air Show a few years ago and it is clear that Avanti has support from ESA - they are piggy backing on a satellite - and the UK government policy saw a number of companies including Avanti as part of a desire to expand the UK space sector.

weatherman
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