Avanti Communications Share Discussion Threads

[someuwin] 02/12/2010 07:07

"HYLAS Satellite Reaches Geostationary Orbit

Bangalore, India (PTI) Dec 02, 2010

HYLAS (Highly Adaptable Satellite), which was launched successfully on November 27, 2010 by the European Ariane-5 V198 launch vehicle, has reached the geostationary orbit.

It may be recalled that the HYLAS, the satellite jointly built by ISRO/Antrix and EADS/Astrium of Europe for Avanti communications of U.K. was initially injected into an elliptical Geosynchronous Transfer Orbit (GTO) with a perigee of 250 km, apogee of 35,906 km and inclination of 1.99o.

ISROs Master Control Facility at Hassan immediately took over the control and command operations of the satellite.

The perigee was raised from 250 km to 35,521 km by firing the satellite's Liquid Apogee Motor (LAM) of 432 Newton thrust level in three phases on Nov 28th (for 1 hour 19 minutes), on Nov 29th (for 30 minutes) and today (for about 4 minutes).

The HYLAS Satellite, presently in an orbit of 35,521 km (perigee) x 35,800 km (apogee) is in good health and in continuous radio-visibility from Hassan.

One of its communication antennas has also been deployed successfully."

[2vdm] 01/12/2010 19:47

More press - UK Anlayst report 2nd Dec :- "Avanti Communications* (AVN), the broadband satellite operator, swung to a "better-than-expected" pre-tax loss for the year ended 30th June 2010 as turnover fell due to the decision to stop selling interim service on rented satellite capacity. The company, which recently successfully launched its HYLAS-1 satellite into orbit, revealed a pre-tax loss of 1.96 million pounds, down from a profit of 1.8 million pounds a year earlier, as revenue dropped by 27.68% to 5.82 million pounds. In a separate announcement, the group revealed that it has signed a five year contract worth 15.5 million dollars (9.9 million pounds) to provide TigrisNet, the international satellite service provider, with IP based services in Europe and the Middle East. Shares in Avanti slipped 4.5p to 721p."

[malcolmmm] 01/12/2010 19:41

Cenkos house broker for Avanti comments today-

Avanti Communications has announced results for the year to June 2010 with revenue of £5.8m delivering an EBITDA of -£1.1m and loss before tax of -£1.4m. Whilst coming in ahead of expectations, even more importantly Avanti's first satellite Hylas 1 was successfully launched from French Guiana last week. The successful launch demonstrates management's ability to design, develop and finance a fleet of satellites. Hylas 1 is the most complex civilian payload ever designed and launched. It will provide pan European services. Unlike other major European operators it has been largely privately financed. Demand for remaining bandwidth has heightened post launch as highlighted by yesterday's agreement with BT and today's $15m deal with TigrisNet. Management are confident of reaching full capacity by the end of FY12. The launch validates shareholder confidence and sets a platform for further expansion of the Avanti fleet. Hylas 2 and Hylas 3 are already in the pipeline. We reiterate our 2300p price target.

[malcolmmm] 01/12/2010 19:27

GALVAN.....arn't brokers they are based in Cornwall and trade Cfd's for clients.

[blue forever] 01/12/2010 19:07

Well,I`ll be delighted by £8 by the end of this year and then maybe £10 by spring. After that maybe entering the main market will act as the driver up till Hylas2.

[m.t.glass] 01/12/2010 17:43

nah -- I'm expecting action much sooner than that. This month ;o)

[dougie471] 01/12/2010 17:39

yorgi thanks for that
i think we will have to be a little patient now before we break out again. it seems to be consolidating its gains which are good but too much selling pressure on strength. This will change with broker upgrades and once hylas 1 is operational. we will hope to contunieu a steady stream of contracts which will build the future cash flows and future eps.

i think it is one of those to look away from for a a few months and look back at in the new year when newsflow increases then we will have more talk on Hylas2

[colva] 01/12/2010 16:46

Hi pojscott.

that MG sounds nice, do you do delivery?

[zorija] 01/12/2010 16:40

Still not visible...
ZZZ

[m.t.glass] 01/12/2010 16:12

There I was innocently googling Avanti images..

I'll leave it to others to come up with a caption that does relate it to the company.

(right-click and select show, if not visible)

[yorgi] 01/12/2010 15:36

There you are Dougie

An analysts' briefing will be held at 1200hrs on the day at the offices of Avanti Communications. To register to attend or for further information, please contact Redleaf Communications on 020 7566 6700 or by email at [e-mail].

Enquiries:

I knew I had read it somewhere :-)

[m.t.glass] 01/12/2010 15:31

- it's in the 'Notice Of Results' announcement up top. Noon today.
Analysts attending do not appear to have tipped off their mates and distant relatives to rush out and buy in huge quantities.

[yorgi] 01/12/2010 15:26

I believe there was....if you look back over the postings of the last three days someone posted that there was I'm sure....12.00 comes to my mind

[dougie471] 01/12/2010 15:21

does anyone know if there is a meeting with analysts this afternoon? i heared something about this but cant find it, so hopefully we can get a re-rating

[pixi] 01/12/2010 15:10

Holding tightly.

[m.t.glass] 01/12/2010 14:46

The Tigrisnet website has yet to report the deal with Avanti - meanwhile here's a map of its existing signal footprint

[m.t.glass] 01/12/2010 14:38

Investors Chronicle 2pm update. See final paragraph dismissing loss.


Broadband satellite provider Avanti Communications saw its shares rocket to a record high of 740.5p after successfully launching its multi-million pound HYLAS 1 satellite from the Kourou Space Centre in French Guiana.

HYLAS 1 is the first of a new generation of Ka-band satellites that promises to put many rural regions on the broadband map for the first time. Avanti has already signed a deal with BT to supply satellite broadband to users in Cornwall and the Isles of Scilly, plus other contracts covering parts of Europe and the Middle East, including Iraq. A larger version, Hylas 2, last week completed critical tests that put it on target for a planned launch in 2012.

This week Avanti reported largely irrelevant full year losses after tax of £1.9m, on £5.8m of revenue. It has net cash of around £100m.

[yorgi] 01/12/2010 14:24

Anyone who has watched the AVN share price over the last 12 to 18 months will know it can move pretty rapidly at times and here we are 3 trading days after launch and we have 2 contracts announced.........I don't think 800p is far away at all.

[sco77harris] 01/12/2010 14:18

i assume galvan research is not associated with avanti in which case it is good to hear a non affiliated broker saying they believe the share price has plenty of growth still left in it, and the price target i believe is very good for the time frame mentioned.

Has anything been mentioned about a move to the main market yet?

[yorgi] 01/12/2010 14:16

So far but has had a dappening affect on the market and Korea has not blown and I hope it won't.

[pojscott] 01/12/2010 14:12

Bought these to help finance my next second hand S type Jag.
Anyone want to buy a lovely MG ZT20 1.8 with only 12,000 miles on the clock?

[restassured] 01/12/2010 14:11

Hasn't stopped them rising this year!

We have had Greece,Ireland, korea tension etc already.

[yorgi] 01/12/2010 14:09

Providing market in general stays up and we don't have problems with more European economies or war in Korea !

[yorgi] 01/12/2010 14:08

What is so often missing with price targets is the time frame, when it will acheive or should achieve that. 800p by the end of December or early January is good but if we look at twelve months time we should be way way about that £10, £11 plus......If the contracts roll in and Hylas1 continues to function and progress on Hylas2 keeps to target then who knows.

I expect to see 800p by Christmas or in early January at the latest

[restassured] 01/12/2010 14:02

Still keeps the average target price at £14.78