Avanti Communications Share Discussion Threads

[yorgi] 23/2/2012 23:34

Everything but the share price makes sense with AVN !

[jennis2002] 23/2/2012 23:15

so we have a market cap of 225m, 75m just raised ...they have what 40m cash?... plus the business and the support at 2.80, sounds good. i bought at 3.70, may top up now!

[blue forever] 23/2/2012 12:17

Anyone know who`s the seller and why?

[philo124] 23/2/2012 10:51

Bought 60% more @ 260p fwiw.

[someuwin] 23/2/2012 10:48

I get the impression there's an awful lot of money waiting to pile in here. Once this overhang is cleared the move up will be very strong imo.

[volvo] 23/2/2012 10:24

Don't buy that bookbroker.

The fundraising in December 09 at 400p, and the summer 2010 at 430p have built the company up, to what it is today.

Ok its just raised £75m at 280p.........but that will be spent sending another satellite into space and selling its subsequent broadband.

Nope get rid of this incessant seller, the price will settle, let the newsflow of Hylas2 and the publicity it will bring this summer, put some profits on the table with a promise of more........and bingo your off to the races.

Got to be 600p by summer and the launch imo......and 2000p minimum by 2015 and 3 trading satelittes in orbit.dyor.

[bookbroker] 23/2/2012 09:33

Sounds like a load of promising forecasts concerning demand, but until it hits the bottom line the jury is firmly out, looks cheap but significant fundraisings in the past have diluted the value of the co. to a significant degree, off course with the risks involved in creating and launching satellites debt is not an option so shareholders have to take the pain.

[yorgi] 23/2/2012 09:19

Hmmm I know the feeling Orado :-(

[orado] 23/2/2012 09:17

This really has now got to be one of my worst 'investments' - ever.

[volvo] 22/2/2012 17:16

Yes its a difficult one. The seller was there all day again, Cenkos were right.

But why, surely they could get an arranged sale sorted.

They (the company) just sold £75m at 280p for example.......that was over subbed again according to Cenkos!. No profit taking there at least tomorrow.

.........I highlighted this before..........would a buyer be sucessful.

Got that feel that a cheeky 600p offer could do the job.........Williams becomes a multi milliaire and CEO of the new company.........stranger things have happened.

[jeffian] 22/2/2012 10:25

That last bit might be a bit hopeful (!) but I would imagine the share price will begin to improve in the run-up to launch of Hylas2 in July and this time it might be underpinned by the visibility of earnings coming through. (Well, that's my rationale for holding, anyway.)

[backmarker] 22/2/2012 10:19

I noticed yesterday that the spread on AVN had closed up to only 0.25p. for an AIM stock that is pretty amazing in my book. it's equivalent to about 0.1%.

with the EGM out of the way the raising of £75m at what is now a small premium to the share price looks spectacular, a great vote of confidence.

it means we are fully funded for HYLAS-3. in turn that means no more cash-raising should be needed for some time. in fact we should soon be generating heaps of cash from HYLAS-1 and -2, as the latter is expected to be in service quicker than HYLAS-1 - and it has more capacity which is selling quicker !!!

I wouldn't be surprised if old EK starts going long on AVN now.

[backmarker] 22/2/2012 10:10

EGM successfully through - as expected !!

RNS Number : 8849X

Avanti Communications Group Plc

22 February 2012

Date: 22(nd) February 2012
On behalf of: Avanti Communications Group plc ("Avanti" or "the Company")
For immediate release

Result of General Meeting

Avanti, the satellite operator, reports that, further to the announcement on 6(th) February 2012 detailing the conditional placing of a total of 26,785,714 ordinary shares of 1p each in the Company at a placing price of 280 pence raising GBP73.8 million, net of expenses, Avanti is pleased to confirm that all resolutions put to shareholders at its General Meeting held today were duly passed.

---ENDS---

[volvo] 21/2/2012 18:15

Always the modern phenomia spread bets and CFD's.

You see the market players looking for stops all the time.

This will come right for the patient. Just got to get by this piece of 'jiggery pokery'.

Again the seller is playing all day on L2. But we had plenty of buyers too. Another 48 hrs imo.

BTW THANKS JULCESTER. Someone wants us.

[julcester] 21/2/2012 17:33

InSat uses Newtec's tech to deliver Ka-band services
Tuesday 21 February 2012 | 02:15 CET
Satellite communications technology company Newtec has signed a deal with satellite-based internet provider InSat to supply and install Sat3Play hub and terminal technology delivering Ka-band communications over Afghanistan. InSat plans to provide three distinct services for Afghan telecommunications providers based on Newtec's Sat3Play technology: IP trunking service for large companies and government agencies, VSAT services for small and medium companies, and broadband IP access services for consumers under its brand name Hi-stream. InSat will be implementing the Newtec technology on Avanti's Ka-Band satellite Hylas 2, which is on track for a June 2012 delivery date. Hylas 2 is a bi-directional Ka-band satellite with 24 spot beams across the Middle East, Eastern and Southern Africa, and Europe.

Serge Van Herck, Newtec CEO, said the Sat3Play Ka-band solution is supporting a broad range of applications ranging from consumer broadband to more professional applications. The proposed solution can be easily scaled and expanded to other regions covered by the spot beams on HYLAS 2.

[2350220] 21/2/2012 16:35

Nearly where Volvo . . . I'm nearly broke!

I closed out of my Spread Bets for quite a loss a while ago, then recently added . . . doh.
I can't help but reckon that it's all my fault why the share price continually tumbles.
If I close out tomorrow, watch this baby suddenly come back to life!!

John

[volvo] 21/2/2012 15:25

..............patience we are nearly there.

[2350220] 21/2/2012 09:43

Oh well, business as usual by the looks of things.
I just hope the satellites hold up better than the share price.

John

[volvo] 20/2/2012 18:24

grey market!

[standish11] 20/2/2012 16:35

Application will be made to the London Stock Exchange for the Placing Shares to be admitted to trading on AIM. It is expected that Admission will become effective and that dealings in the Placing Shares will commence on AIM at 8.00 a.m. on 23 February 2012.

[blue forever] 20/2/2012 15:24

Thought the new shares started trading on the 23rd-Thursday?

[billytkid2] 20/2/2012 13:30

Added a bit more today

[volvo] 20/2/2012 13:05

Yes the new shares issued at 285p for Hylas3 start trading tomorrow.

As I stated a few days ago we have sellers in the market at the moment.

This should all level out over the coming weeks.

[someuwin] 20/2/2012 11:39

Added a few more today.