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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% 2.75p 2.51p 2.99p - - - 0 12:02:26
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Mobile Telecommunications 37.9 121.1 27.2 0.1 59.49

Avanti Communications Share Discussion Threads

Showing 19476 to 19496 of 19500 messages
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DateSubjectAuthorDiscuss
17/1/2019
13:14
No....it's called changing the subject. My reference to PRM #1216 only relates to my view re. the comparative likelihood of a meaningful recovery vs AVN and no mention at all about nav. It's not my problem that you find something as simple as this so confusing........., JakNife wasn't confused and got the point as he then posted about shorting PRM and the BB posters being a cult, with no mention at all about comparative navs..........as there is obviously nothing to compare.
badger60
17/1/2019
11:14
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.
jeffian
17/1/2019
10:13
I am, but only because it's a complete write-off. I doubt the proceeds would cover any sale costs! Not sure what it has to with a discussion about AVN asset value, though.
jeffian
17/1/2019
09:57
I did not say that YOU are the most ardent PRM supporter.........but you are still a shareholder n'est-ce pas?
badger60
17/1/2019
07:49
badger60, Are the comments about PRM directed at me? Can you see how I started this post with your name to indicate that this one *is* directed at you? I shorted PRM very successfully a long time ago; I have never been long. The PRM crowd is a cult! Re your second post, feel free to call me an idiot on behalf of weatherman as we haven't seen him around here for quite sometime! Would you like to find weatherman and remind him of his post 662? jakNife
jaknife
17/1/2019
07:26
JakNife......an extract from your post 663 14/7/2016........Did he come back mid September to call you an idiot?"Feel free to come and tell me what an idiot I am in the middle of September when I predict an announcements along the lines of:"The company's brokers have advised that in the current circumstances it would not be possible for the company to raise the necessary $50m of equity and other sources of finances have contained conditions that the company cannot comply with. Various offers for the group's assets have been identified, all of which are for an amount below the outstanding debt on the group's bonds. Given the circumstances the company regrets that it must suspend the shares with immediate effect."warmest regards,JakNife"
badger60
16/1/2019
23:32
I'm not going to deny anybody's opinion/ interpretation here as the company is in a very precarious financial position. The point that I am making is that they are making a very credible concerted effort to try and turn the company around..........
badger60
16/1/2019
22:28
They are also a depreciating asset, regardless of what value AVN claim. In a few years' time, they're just space-junk until AVN spend another £1bn to send up more.
jeffian
16/1/2019
21:59
badger60, Is that what you call research? Avanti has invested masses of cash into its satellites and so yes, if you look at the balance sheet you'll find under "Property, plant and equipment" a number of $809.8m: Https://www.investegate.co.uk/avanti-comms-group--avn-/rns/interim-results/201809280700092558C/ But that doesn't answer the (slightly revised) question: What makes you think that Avanti's satellite assets are actually worth $810m? Here are the last accounts of Carillion: Https://www.investegate.co.uk/carillion-plc--clln-/rns/final-results/201703010700221423Y/ It supposedly had net assets of £730m but we all know what happened there! If AVN’ assets aren’t generating cash then are they really worth anything? The number in the accounts isn't the same as "worth"! JakNife
jaknife
16/1/2019
11:10
What makes you think that the assets are actually worth $1bn?
jaknife
16/1/2019
09:49
I suppose the circa $1bn in assets helps if they are hoping to tidy it up as a viable going concern with a view to selling it on. As you say the outstanding debt + interest requires a huge increase in revenue/contracts to cover........however they seem o be giving it their best shot.
badger60
15/1/2019
20:12
The point isn't that the business doesn't exist. Clearly the business exists and it needs to employ people to function. The point is that the business doesn't throw off adequate cash flows to sustain its current capital structure. The business generated total revenue in the 6 months to 30 June of $29.9m. That revenue needs to pay staff costs, rent, electricity, operating expenses, etc, etc, etc. After all of that it then needs to pay $50.9m of interest charges for that six month period. Isn't it plainly obvious that a business that only generates $30m of revenue but has $51m of interest charges is so far massively in debt that the equity must be worthless? It needs yet another debt for equity swap - the last one was merely a "kicking the can down the road" debt for equity swap! JakNife
jaknife
09/1/2019
16:21
? Are you for real adypauluk? Debt wasn't reduced as a consequence of any cash repayment. The *only* reason that it's down is because of a debt for equity swap that saw ordinary shareholders materially diluted - shares in issue increased from 145m to over 875m!!!!! And it may be wonderful to trumpet record revenues (if that's true, because 2015 numbers look higher) but the last interim results still show that the company is loss-making regardless! see: Https://www.investegate.co.uk/avanti-comms-group--avn-/rns/interim-results/201809280700092558C/ And that's loss-making *before* the interest charge. Even after the debt for equity swap the interest charge in the interims was $50.9m. After the interest charge AVN's losses were so high that a tripling or quadrupling of revenue would still means losses! And all of that comment ignores the worsening cash position and that the company continues to burn cash. At today's date the market cap of the equity is £60m and yet there's nothing to indicate that the shares are worth more than a big fat zero! JakNife
jaknife
09/1/2019
16:01
Debt has been significantly reduced from $797.80m - $409.10m. Revenues at a record high. Looks like Avanti will have a successful future :)
adypauluk
31/12/2018
12:44
http://www.satnews.com/story.php?number=552671449
zcaprd7
12/12/2018
02:31
Agreed.....this is the next point of focus for shareholders and is crucial for survival going forward. Let's hope they can deliver......"OutlookThe current activity levels and pipeline gives us confidence that we will see strong growth in bandwidth revenues in the final quarter of 2018. Furthermore, the recently signed contracts underpin significant growth in core bandwidth revenue throughout 2019."
badger60
30/11/2018
11:33
Yes, an estimate of future sales from contracts. Not that all AVN's former backlog figures seemed to materialise into sales.
aa29
30/11/2018
11:25
What is a backlog, predicted sales numbers?
zcaprd7
30/11/2018
09:45
The contrast between the original story and quarterly turnover of $10.8m and backlog of $165m is startling.
aa29
30/11/2018
08:50
That was to end of September, so they have another quarter of cash...
zcaprd7
30/11/2018
07:51
Trading update this morning: https://www.investegate.co.uk/avanti-comms-group--avn-/rns/trading-update/201811300700039802I/ ·      Revenue for the 3 months to 30 September 2018 was $10.8 million ·      EBITDA loss of $10.6 million ·      Successful arbitration proceedings against the Government of Indonesia and subsequent receipt of $20.1 million ·      Period end cash balance was $13.3 million So still burning material amounts of cash. Masses of debt. no hope.
jaknife
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