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% 5.33p 5.16p 5.50p - - - 337,944 11:38:46
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Mobile Telecommunications 43.5 -59.7 -34.4 - 115.31

Avanti Communications Share Discussion Threads

Showing 19426 to 19450 of 19450 messages
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DateSubjectAuthorDiscuss
17/8/2018
14:18
Value Viper, "Hhhmm . those who took equity for debt will lose all then IF co falters ?" One of the biggest investors is Solus Alternative Asset Management LP, which now owns circa 42% of the equity as a consequence of the debt for equity swap. They've already lost a chunk of money on this. Remember, $557m of debt was swapped and yet the current market cap is only £115.m. "Has the new CEO any skin in the game" He had none when he was appointed: Https://www.investegate.co.uk/avanti-comms-group--avn-/rns/directorate-change/201802020700047098D/ And nil was confirmed as part of the D4E swap: https://www.investegate.co.uk/avanti-comms-group--avn-/rns/clarification-on-potential-director-holdings/201804091416062993K/ "Presume there is a genuine obvious incentive (?) to get the extra life support in time ? Maybe the debt holders have it by short and curlies and will take any upside value going fwd the co may achieve" I assume that the CEO is appropriately incentivised to rescue the company but it looks like an uphill task. The super senior debt has security over everything so if they don#t get paid then they could effectively walk away with all of the assets. Would they? Who knows. JakNife
jaknife
17/8/2018
10:32
Thanks Jak - excellent summary - wow Hhhmm . those who took equity for debt will lose all then IF co falters ? Has the new CEO any skin in the game Presume there is a genuine obvious incentive (?) to get the extra life support in time ? Maybe the debt holders have it by short and curlies and will take any upside value going fwd the co may achieve
value viper
17/8/2018
10:19
Value Viper, At 5.2p the market cap is £115.m. Looking at the Q3 announcement (Https://www.investegate.co.uk/avanti-comms-group--avn-/rns/quarter-3-trading-update/201805300930026423P/) the net debt at 31 March was $774m but $557m of that was swapped leaving $217m of net debt. Since that date the company has had some positive news, including $20m being paid to them as a legal settlement (Https://www.investegate.co.uk/avanti-comms-group--avn-/rns/full-settlement-of-arbitration-claim/201808140845017306X/) But that needs to be taken in context of the warning that the company wrote in its debt for equity swap announcement: "Furthermore, if the Restructuring completes but the Company is unable to raise Additional Funds of at least US$50 million and secure US$40 million infrequently recurring revenue in pipeline by 30 June 2018 then based on the projected cash flows of the Group, the Company will, within the 3 months following 30 June 2018, be highly likely to be unable to pay its creditors, as and when they fall due for payment." see: Https://www.investegate.co.uk/avanti-comms-group--avn-/rns/proposed-restructuring--open-offer---notice-of-gm/201804090825201980K/ Also, the Q3 announcement highlighted tiny revenue of $31.3m for the quarter, and an EBITDA loss of $18m. I've seen no evidence of "Additional Funds" being raised (but the $20m for the legal settlement probably counts) and the only revenue announcement was this one for $10m: Https://www.investegate.co.uk/avanti-comms-group/rns/avanti-communications-signs-contract-with-viasat/201806250700083207S/ So based on the warning in the original D4E swap announcement I'd say that the company is still in real trouble. The warning noted "if ... the Company will, within the 3 months following 30 June 2018, be highly likely to be unable to pay its creditors," so end of September is D day! JakNife
jaknife
17/8/2018
08:51
Haven't looked at this for some time fearing it would likely be game over unfortunately for shareholders.Debt for equity swaps it seems have gone some way towards keeping equity listed.Is there genuinely an upside potential now (recovery) ; I think the market cap is £130 million (!) with all the new shares created I guess. That's not insignificant.How much remaining debt are they still carrying ? - quite a bit I think.Is revenue growth for cash flow / profit creation their same challenge ?Thanks all.Is it fair to say those that took shares for debt did so as believing it can mend ? Maybe they had little choice but to take shares.
value viper
14/8/2018
10:54
How much went to ESA? What was the profit margin after operational costs?https://web.archive.org/web/20150416233120/http://avantiplc.com/news-media/rns/contract-win-satellite-european-space-agencySounds like the Indonesians were the pre-existing customer?
zcaprd7
14/8/2018
10:24
.......and the $20mio settlement now received from Indonesia......
badger60
14/8/2018
09:07
...... where's Zap hiding?
badger60
14/8/2018
09:05
Up she goes again today!.....;+)
badger60
13/8/2018
12:13
Ooooee! ....a couple of 1mio trades! Someone seems keen to take a meaningful punt.....
badger60
13/8/2018
10:59
I hope you guys are right. Seeing the signs of recovery, I have just bought back in again after a spell of depression. Hopefully I can make back what I lost by selling my last tranche.
scrambled
10/8/2018
17:58
Posted today on LSE BBRE: avantiNot surprised we're seeing trades on the back of this news. Given our special relationship with the US you can bet your house on Trump wanting utilise our ALL BRITISH birdies to the full especially bearing in mind where they can point ! Not long now to see us rise from the single digit doldrums !
badger60
10/8/2018
02:44
........and news like this certainly gives AVN plenty of potential added value..... hTtps://www.pbs.org/newshour/politics/watch-live-vice-president-pence-outlines-trumps-proposed-space-force
badger60
10/8/2018
02:31
........given that the d/e insiders need circa 20pps to break even on their investment, and own in excess of 92.5% of the company, a few meaningful contracts going forward and a nav of circa $1bn could well push the share price towards 30p.
badger60
10/8/2018
02:18
With 2.2 Mio traded, I think that investors are finally waking up to the idea that there is a viable potential here, and once Hylas4 is fully open for business, AVN could well become a takeover target.
badger60
08/8/2018
12:59
......and I sincerely hope that they continue to do so......for your sake!
badger60
08/8/2018
12:18
My Inmarsat are doing better...
zcaprd7
08/8/2018
03:31
Hi Zap......how's your OPHR doing?.....I see that Cooper finally walked the plank..(with a huge payoff no doubt). Tanzania, as all OPHR shareholders know is a corrupt economic and political minefield, so I can't see anything ever being sold or monetised there, especially considering all the $bns spent in write-offs over the last 6 years. .....so yet another huge write down in the offing for the company to swallow, which along with the ongoing Fortuna fiasco, has destroyed the company well beyond its ability to recover commercially or financially. What with the OPHR $107 Mio Nordic loan that needs rescheduling this year, and the documented £150 Mio 2018 capex earmarked to paper over the cracks required to maintain the existing Thailand production, there's far too much mounting debt and expenditure for this failed company ever to survive...... struggling to produce a mere 11k-12k bod. It's amazing how Cooper managed to squander the thick end of $3.5 BN of free cash in 6 years, got paid well in excess of £1 Mio pa.......and still managed to destroy the company (wink wink!)........I suppose he must now be a very wealthy man at shareholders expense after walking the plank (wink wink!)....... Anyway, Zap, you'll be glad to know that AVN is slowly gaining momentum, albeit with alot of tlc still needed to fully restore shareholder value. Hylas 4 should be fully operational by month end, and along with existing contracts and a couple of substantial $mio payments due, there are also signs that certain military as well as commercial entities may well be interested, going forward, in availing themselves of services that AVN will be in a unique position to provide.......not out of the woods yet by any means...but an AVN shareholder is starting to look far more healthy ......than a soon to be OPHR shareholder corpse.........but only time will tell.....of course. ;+)
badger60
07/8/2018
19:16
Aha, we can see why the Indonesian government tried to pull a fast one, they launched their own satellite today...
zcaprd7
01/8/2018
14:22
From the advfn NFDS thread after I gave my -ve AVN comment TTNY2004 7 May'12 - 07:40 - 24751 of 28493 0 0 Guys - glad you are still keeping the thread going after NFDS were sold and good to see you posting your progress. One you may like to cast your eyes over from a chart perspective that looks to have bottomed out and broken out is Avanti (AVN) which is 340p now. If it moves up then there is a gap to 430-440p levels (20% profit). Brokers all have buy notes with values of £8 to over £20. Maybe worth checking out, but please DYOR as always. I have an average entry position of 269p. TTNY2004 8 May'12 - 08:37 - 24755 of 24762 Skinny - so true. Hopefully will now finally underpin shareprice. AVN tip I mentioned - now up over 9%. Expect > 400p by end of the week. Am willing to eat humble pie, but lets see whether this happens or not. Buywell, trust you do a little more research.
buywell3
01/8/2018
09:03
Just got quoted 5.6 to buy and 4.82 to sell. Mid price relatively unchanged...these big swings are just fun and games it seems
diamondsp
01/8/2018
08:11
Never seen the market cap of a company fall by near £20m based on share sales totalling £46!!!
briangal99
31/7/2018
10:43
There is a technical reason why this 5p area could/should prove to be a bottom. I haven't followed the company for quite a while. Are there any good fundamental reasons that the shares should go up (apart from seeming cheap)? The info in the header is a tad out of date! Don't bother...I just read jaKNife's post 1145 for the answer.
horneblower
31/7/2018
10:26
Is Hylas4 now in service? Date given in April statement as end of July.
packman8
27/7/2018
08:24
I guess we will have to wait until Indonesia make payment..
999rp
26/7/2018
16:07
Seems cheap at this price.
winchcombe
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