Avanti Communications Share Discussion Threads

[miahkaysor] 04/8/2016 14:29

50p is written all over my screen today!!

[top_banana1] 04/8/2016 14:25

Thanks to that guy lemon for tipping this.

I did not buy in the spike but wait :)

[top_banana1] 04/8/2016 14:24

Going on baby

[miahkaysor] 04/8/2016 14:20

Dirt cheap at this level!!

[miahkaysor] 04/8/2016 14:19

50p minimum today!!!!!!

[dice1950] 04/8/2016 14:16

has 2 be a 200p bid if 150p walked away ft says 2 bidders

[dice1950] 04/8/2016 14:16

has 2 be a 200p bid if 150p walked away ft says 2 bidders

[miahkaysor] 04/8/2016 14:15

50p MINIMUM TODAY!!!!!!!!!!

[miahkaysor] 04/8/2016 14:14

STRONG BUY AT THIS LEVEL!!!!!!!!!!!!!!!!!!!!see above link

[miahkaysor] 04/8/2016 14:14

50p today!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!

[dice1950] 04/8/2016 14:07

AVN 50K BUY @39P

[dice1950] 04/8/2016 14:06

AVN 50K BUY @39P

[dice1950] 04/8/2016 13:54

AVANTI COMS GROUP (AVN.L) 5 STAR TOP BUY

[dice1950] 04/8/2016 13:54

AVANTI COMS GROUP (AVN.L) 5 STAR TOP BUY

[top_banana1] 04/8/2016 13:46

Buy low sell high. It has served me very well. I am newbie, I was told never to buy in news spike, in case one get impales on 12 feet bargepole. wait then to pile.

[dice1950] 04/8/2016 13:31

Wait untill AVN confirm 2 bids boom boom

[dice1950] 04/8/2016 13:31

Wait untill AVN confirm 2 bids boom boom

[dice1950] 04/8/2016 13:15

AVN more bid talk
The second one was something approaching 150p a share
But they’ve clearly got the backing of this Boston lot, Mast Capital

[dice1950] 04/8/2016 13:15

AVN more bid talk
The second one was something approaching 150p a share
But they’ve clearly got the backing of this Boston lot, Mast Capital

[metaman] 04/8/2016 13:13

PipeHawk plc

("PipeHawk" or the "Company")

QM Systems partnership with UK-NSI Co., Ltd

QM Systems, a division of PipeHawk, is proud to announce the establishment of a
partnership with UK-NSI Co., Ltd ("UK NSI"). UK-NSI, the European manufacturing
centre of Nippon Seiki, is a world leading supplier of vehicle instrumentation
systems, supplying a wide range of industries including automotive, motorcycle,
marine and many others. QM Systems is working with UK-NSI to design,
manufacture and deliver assembly and test equipment for the manufacture and
test of a wide range of instrumentation systems. From receipt of the first
order in March 2016, QM Systems has now been contracted to deliver over GBP
500,000 of bespoke engineered systems to UK-NSI, all to be delivered and
installed by 31 December 2016.

Gordon Watt, Chairman of PipeHawk commented "This is great news for QM Systems
and further demonstrates the capability of the business to win and deliver
contracts with Global leaders. QM Systems offers a diverse range of systems and
services to its clients and the formation of this partnership between UK-NSI
and QM Systems will provide UK-NSI with access to market leading solutions for
its test and assembly system requirements. We are very excited by what this
partnership will bring to both parties"

[wurzell] 04/8/2016 12:42

Also, Inmarsat could cut operational costs by incorporating the space ops and station keeping back in-house, which was the original setup.

[wurzell] 04/8/2016 12:38

I'd suspect Inmarsat can refinance the bonds at far more favourable rates, making Avanti rather attractive at around 200m.

[dice1950] 04/8/2016 12:36

more like 250p with 2 other bidders
AVN expect more press

[top_banana1] 04/8/2016 12:30

Oh uyah Immarsat is really that stupid paying 140p. LOL

who's the idiot from FT?

[dice1950] 04/8/2016 11:41

Avanti Comms’ (AVN) ISAT = ready to pay at least 140p a share in cash
4th August 2016


dice1950 4 Aug'16 - 11:25 - 692 of 693 0 0 edit

Inmarsat bid five times Avanti Comms’ market cap before withdrawing last month
Paul Murphy Author alerts
| Aug 04 10:50 | Comment | Share
Yes, really. On Wednesday last week Patrick McDougal, Inmarsat’s head of business development and strategy, got in touch with Dominic Lester, joint head of investment banking in Europe at Jefferies & Co, Avanti’s advisory.

He wanted to table a second takeover offer for Avanti from Inmarsat, after a previous low-ball bid for the rival satellite operator had been rejected. Inmarsat was ready to pay at least 140p a share in cash for Avanti, subject to due diligence. At the time, shares in Avanti were trading just below 30p.

This sits a little awkwardly with Inmarsat’s formal statement on the matter, issued on Monday this week, which stated:

Inmarsat (LSE: ISAT.L) notes the recent press speculation regarding Avanti Communications Group plc (“Avanti”). Inmarsat confirms that it was contacted by Avanti’s advisers following the announcement by that company of a strategic review and formal sale process on 11 July 2016, and responded to that contact. Inmarsat confirms it has withdrawn from Avanti’s announced process and it is not considering an offer for the shares of Avanti.

That was in reaction to a Mark Kleinman story at Sky News, first revealing Inmarsat’s interest. The statement seemed to imply that Inmarsat were offered the chance to purchase their rival early in July, but quickly declined the invitation. In fact, right up to the end of the month, Inmarsat were making proposals that included keeping the existing Avanti management team intact, maintaining its business development plan and incentivising the executive team accordingly.

No matter. Monday’s statement locks Inmarsat out of a fresh bid now, although it could return if and when Avanti attracts an alternative offer.

With its stock price having cratered over the past nine months, and facing a cash crunch, Avanti has been in open crisis since admitting on July 7th that it needed to raise $50m in fresh equity. It subsequently launched a strategic review, saying it was ready to consider takeover offers.

After the collapse of the Inmarsat talks, Avanti is thought to be in detailed discussions with two other potential acquirers. But it also has the backing of MAST Capital Management, the Boston-based investor which is a substantial Avanti bondholder, as well as holding a 10 per cent equity stake.

Meanwhile, Inmarsat on Thursday unveiled first half figures that were broadly in line with market expectations, reiterating its previous warning that the outlook remained difficult to predict.