Sat Sol Share Discussion Threads

[albert3591] 12/2/2016 18:29

Not a clue have you?

[dirty75] 12/2/2016 09:58

Im not here to convience you. Your decision where to invest, would recommend anyone does their own thorough research. Does not take an awful lot of power to see what is coming. They're growing their market share, which they've done since the RTO, organic and acquisitions. More in the pipe line. So c25,000 users now at 5p/share where will the share price sit with c100,000 users. I'm not suggesting 4x users = 4x share price, but it's got to be higher than current levels we'd all agree. (there is obviously is a cost to reaching that number).

[albert3591] 11/2/2016 10:41

Why will it be nearer 10p than 6p,convince me.

[dirty75] 10/2/2016 21:19

You've well and truly missed the c4p mark, good luck with that policy of trying to knock this share down, will never work. Be nearer 10p than 6p pretty quickly.

[albert3591] 10/2/2016 17:45

H..it has danced around 4p ish 6 times,that is why I say 3.99ish.

[hydrus] 10/2/2016 16:34

Hmm good luck with the 3.99p prediction ha

[113mike] 10/2/2016 16:29

Then what?

[113mike] 10/2/2016 15:17

Then what?

[albert3591] 10/2/2016 15:13

5P soon I feel.

[albert3591] 08/2/2016 10:24

Becoming unloved for a few sessions I would expect.

[dirty75] 06/2/2016 16:56

hxxp://sonoranweeklyreview.com/whats-next-for-satellite-solutions-worldwide-group-plc-after-reaching-52-week-high/

[tightfist] 05/2/2016 11:35

Hi haus,

Thanks for that link; lots of scope here for very frequent newsflow, whether it be customer enrollment statistics, more EU Government funding schemes or distributor business acquisitions.

ISPREview has some interesting and very relevant content. In particular I wanted to understand more about the tie-up with BT, and I found this article:
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A BT Spokesperson told ISPreview.co.uk:

“BT is providing the wholesale satellite broadband service operation for the Broadband Delivery UK (BDUK) national satellite scheme.

BT has supply agreements in place with satellite operators Avanti and Eutelsat and has established reseller agreements with a number of retail service providers (RSPs), including Satellite Solutions Worldwide (SSW). The resellers vary in size and locality and offer different price points and support packages under the scheme to eligible customers.

Each reseller has been accredited by BT Wholesale and the BT Madley satellite service management teams, who are highly experienced in providing satellite services to businesses, governments, media and broadcast organisations and will be providing experienced operational support to each RSP in terms of order handling, fault management and technical support.

An online tool is now available to check whether the scheme has launched in your area
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It does seem a bit patronising - "....experienced operational support...." to RSP's; I suppose BT have to be seen to be adding value! The direct wholesale deal between BT and the satellite companies pushes SSW down the value-chain and presumably will take a chunk out of SSW's margins. On the other hand, maybe SSW will choose to share that with customers and undercut BT's pricing to consumers.

The other thing I noticed was the reference to alternative non-satellite technology from Quickline, at least in Lincolnshire. Is that a serious threat across a wider area?

Cheers, tightfist

[exile] 05/2/2016 09:18

Still has a MKT CAP of less than 20 million.....It was previously oversold.

[dirty75] 05/2/2016 08:56

my view it's just catching up to where the share price should be.

[albert3591] 05/2/2016 08:26

Looks like its been pumped enough,now the drop.

[dirty75] 05/2/2016 08:15

great find, the good news just keeps coming...

[hausofmaus] 05/2/2016 07:40

An update from Wales...Cross-platform Satellite broadband ISP Europasat, which offers a choice of space-based Internet access services from operators like Eutelsat (Tooway), Avanti (HYLAS) and SES (Astra), has today announced that over 1,000 homes and businesses in Wales have already taken their service.hTTp://www.ispreview.co.uk/index.php/2016/02/europasat-connect-superfast-satellite-broadband-to-1000-wales-premises.html

[dirty75] 04/2/2016 18:02

wow 200,000 thats some growth. Love the ambition. So many cost savings to be had went aggregating the acquisitions into SATs systems. Would expect any acquired customers to have a pay back in two years or so. How acquisitons are funded is a a fair question, you'd think debt would be readily avaliable, effectively users are bonds (for this company) , ie like football seats at a premiership club, the banks know the demand is there for season tickets year in year out. People who have to get their broadband via SAT have no alternative.

[tightfist] 04/2/2016 10:00

On Tuesday they were intimating 200,000 by Nov 2017; I hope they can operationally roll-out all those systems. Cash flow shouldn't be a problem for Gov't/Organic growth, I do wonder about the financing of acquisition business - the actual acquisition (seems to range €200 - €400 per user) and any subsequent system changes.

The additional Gross Profit looks like £124 pa per customer, ASSUMING that £45 pm is a sustainable fee (which is surely over-ambitious in Poland?). That suggests they must now be getting close to breakeven - the revenue growth forecast for 2017 looks very modest at £4.1m. Notably the Net Margin % in the forecast seems to be falling away in 2017.

A nice straightforward business and model!

[dirty75] 04/2/2016 09:33

I agree 100k is low , that's there target for this year, which the way it's going is rather conservative. i can see them smashing that, and then look to next years guidance. Good work SAT.

[[e-mail]] 04/2/2016 09:16

100,000 is a low estimate there are so many areas this will come in usefull.

[dirty75] 04/2/2016 08:41

I feel that the exercise you need to do is , knowing they're targeting 100,000 user by the end of 2016, work out what you feelthe worth per user and calculate share price from there. Rough science. Won't say where I see it, obviously higher than where we're at today with 25,000 users at 5.25p. I can see them easily beating 100,000 users. So much aggregation across Europe to be done, plus organic growth by which I include the BT / Gov deal.

[[e-mail]] 04/2/2016 08:08

the world is it's oyster. so meany out of the way places they all want computers.

[tightfist] 03/2/2016 14:14

Hi Dirty,

Thanks for your tuppence worth. Regarding emerging competition, like you, I am not concerned about mass cabling to remoter areas when there is alternative technology in which focusses direct on the customer..satellite!

SAT Does seem to be an early mover/consolidator and has done it's investing in it's offering/technology.

I took a quick look at gross margin and it seems it has been dropping over the last three half-years down to 23%. Very simplistically SAT needs to add around £1.0m (32%) to the top line to breakeven, before looking for smarter deals with the satellite companies. The forecast suggests a revenue run-rate increase of 18% in H2. A lot of that should be achievable through organic growth (the acquired additional subscribers in H2 being very quite back-end loaded). Yesterday there was some emphasis on substantial opportunities in Aus., away from the coastal margins; apparently "Tom" (the ex-NED?) is pursuing that.


It's nice to get to grips with what seems to be relatively simple business model showing prospects of significant sustainable profits and dramatic growth. I bought in at 8am this morning.

Cheers, tightfist