Avanti Communications Dividends - AVN

Avanti Communications Dividends - AVN

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Stock Name Stock Symbol Market Stock Type Stock ISIN Stock Description
Avanti Communications Group Plc AVN London Ordinary Share GB00B1VCNQ84 ORD 1P
  Price Change Price Change % Stock Price Low Price High Price Open Price Close Price Last Trade
0.00 0.0% 0.0526 0.00 0.00 0.00 0.0526 01:00:00
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Industry Sector

Avanti Communications AVN Dividends History

Announcement Date Type Currency Dividend Amount Period Start Period End Ex Date Record Date Payment Date Total Dividend Amount

Top Dividend Posts

jeffian: I think that's called "moving the goalposts" as JakNife's response and mine was to your comments about asset value not share price recovery - "badger6016 Jan '19 - 15:18 - 1212 of 1223 0 1 0 htTps://shares.telegraph.co.uk/fundamentals/?epic=AVN Asset $979mio 30/6/2018" Whether it's PRM's 'Goodwill', Revolution Bars' Fixtures & Fittings, IT equipment and office furniture, or AVN's part-empty sats floating around in space, "assets" on the Balance Sheet are only relevant to the extent that they can be converted to the equivalent amount in cash in short order.
twistednik: Looks like big news but share price not budged !?
badger60: Excellent news! AVN is far from dead in the water and starting to unlock the commercial potential of Hylas4. Another couple of meaningful contracts should see the share price X2, x3 from here, imo.
jaknife: It’s rather telling that the share price has dropped below the open offer price.
terryebby: They ALSO said they MIGHT book a sale of $40 million - my guess is that this is totally dependent on the successful launch of HYLAS 4, in which case no new funding needed. One should never make the mistake of thinking that the future looks like the past. The whole satellite sector is on a ten year low - in fact Inmarsat share price is now on a 12 year low. experience tells me that an industry does not go in one direction forever. Improving consumer outlook in the World will see all that reverse, and a War form the Donald would help too. But a successful launch form Avanti, an announcement of a $40 million sales and a clean balance sheet means this stock is going to look VERY different next week
terryebby: ergo $293m for the H1 & H2 Sats PLUS the $330m spent on HYLAS 4 PLUS (which you forget to mention) the approximately $100m spent on a network of Ground Earth Station Data Centres (Cornwall, German, Cyprus, Turkey, Nigeria, etc) PLUS the approximately $180m value of the spectrum assets (which they got for free but never marked UP in the accounts because that creates a tax problem, but Intelsat carries slots at $60m per slot) gets us to $903m asset value. Less that the $1.2bn they spent yes but still relevant. Take off the remaining debt of $400m Post swap and that implies a real BOOK value of $500m. Fully diluted AFTER the swap that is a share price of 32p per share. THANK YOU for agreeing my methodology with me. Glad we got there in the end.
terryebby: yes fair point. BUT, the Inmarsat share price WILL rise in my opinion because of their high exposure to the IFC market. Also I hear that their difficulties in the USA over the spectrum conflict with GPS signals is close to getting resolved. In any case I would expect them to buy the equity and keep the Avanti debt facilities running. The Avanti bond holders like Solas are mainly satellite experts so they would ewan yto hold more Inmarsat paper and now the Avanti debt burden is sustainable, Inmarsat could manage that debt efficiently over time
diamondsp: JakNife there is an implied share price in that the bond holders are exchanging x amount of debt for z amount of shares. The amount of shares they get will enlarge the share capital by a fixed amount whilst reducing the net debt by a fixed amount. It is therefore possible to calculate an implied share price. I'm just not quite sure I'm doing it correctly. Badger I previously thought the same as yourself it's only when I ran those figures I changed my mind. I also previously had a niggling doubt that it couldn't be so simple or else the market would have bought it up to the 18p level by now - easy money wouldn't get ignored for so long? I think your 20p calculation may be neglecting the debt which still exists in the company??
jaknife: There isn't an "implied share price" you're looking at it back to front. A better analysis is to work out what haircut the bondholders are taking. The issue with saying they're swapping $x par value of debt for equity is that you're ignoring that all of the debt currently trades at a material discount to par.
635426383: LSE:AVN OKSearch Avanti Communications Share News (AVN) 9 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 +0.00p +0.00% 9.625p 9.26p 9.99p - - - 0 06:30:09 Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m) Mobile Telecommunications 62.3 -50.4 -37.1 - 14.19 Print Alert Avanti Communications Group Plc Trading Update 04/07/2017 8:00am UK Regulatory (RNS & others) Avanti Communications (LSE:AVN) Intraday Stock Chart Today : Tuesday 4 July 2017 Click Here for more Avanti Communications Charts. TIDMAVN RNS Number : 0349K Avanti Communications Group Plc 04 July 2017 Avanti Communications Group plc Trading Update Avanti Communications Group plc, a leading provider of satellite data communications services in Europe, the Middle East and Africa (EMEA), announces a trading update for the financial year ended June 30(th) 2017. Revenues for the fourth quarter rose to in excess of $16 million resulting in total sales for the year of approximately $62 million. As indicated in the Company's Q3 statement announced on 31 May 2017, a number of projects to sell spectrum are progressing well but have not closed in time to impact the final quarter. In addition, Avanti announces today the award of a new 3 year contract worth up to $21 million to deploy several hundred services to government sites across Africa with an existing government customer. This, in addition to recent announcements of Mobility, 5G and broadband orders and a strengthened balance sheet creates a positive outlook for the new financial year. This announcement contains inside information. --ENDS--
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