Avanti Communications Share Discussion Threads

[backmarker] 14/9/2012 07:51

k,

I forgot to mention it but you have rightly pointed out that what we lack for lift off is volume. all the other indicators I track are in the right place but not volume.

a piece of good news like a big contract might help. e.g. GCHQ have signed up for priority use of the steerable beam !

[johncsimpson] 14/9/2012 07:46

First target today 370s followed by 385 to take it well out of the down-trend then (if this happens) into 400s next week up to 450ish.

For the fundamentalists, I think we have results next month (or some sort of trading statement) and if there are contract wins to be announced they should start materialising soon. All in all the price now looks like picking up and we're into a new cycle.

[johncsimpson] 14/9/2012 07:26

Well that's looking better boys and girls. Bought back in yesterday afternoon just after 16:00 at 361 and a bit. Overnight statement from Federal Reserve helps.

Could open up this morning and I'll be adding dependant thereon . . .

[cestnous] 14/9/2012 07:00

What's up Nuga, Can't sleep?

[nugacity] 14/9/2012 06:49

I am just pleased Avanti don't use charts to launch.
Give me Ariane any day!
Why do people believe the past predicts the future on pioneering projects such as this? The charts must have been amazing back in the days when the earth went from being flat to round? Instead of sailing into the distance, boats were sneaking up behind you!

[jeff87] 13/9/2012 20:59

America's QE3 should now kick start the share price.

[colva] 13/9/2012 16:50

Re. 362p , is that the 20 day ?

[k0108356] 13/9/2012 16:20

Someone please buy buy buy and get this to close above 362!!

[k0108356] 13/9/2012 13:48

Hi BM

Indeed all of the lower indicator's are ready & poised for a move up, a close above 362 is really what's required today and a bullish breakout bar with above average volume. That 342 support has held very well and will be the level to watch if it does breakthrough this. Obviously I'm now hoping AVN get a boost up, I was mildly encouraged also with that whole license issue (not really a fundamental's man, I just watch the reaction to the news) as it didn't cause too much of a negative ripple effect.

All in all from a TA point of view we're ready to rumble, just need some frigging volume!

[gorvachof] 13/9/2012 13:39

"New Tech - 10 Sep'12 - 19:50 - 352 of 358"

New Tech, Avanti are obviously confident there is no doubt that the the outcome will be positive, and I can see why. Apparently the backing from the BR is a big positive, but its the RRB "The board" who will make the final decision being discussed in Geneva this week. Perhaps though they should still have released an RNS regarding the exact issue?

Did someone nominate TW to become an official go between for small shareholders?

"The Official comment from Avanti (we swapped emails today): It is not a threat.
The ITU formally confirmed our filing and a major competitor has whinged. Shows you how much our spectrum is worth."

[backmarker] 13/9/2012 11:23

are we expecting FY figures in Oct ? or at least a trading statement ?

[backmarker] 13/9/2012 11:21

maybe even 500p !

[backmarker] 13/9/2012 11:20

k,

saw your earlier post re bearish technicals and was prompted to take a look at the chart.

to me it looked as though the MACD, RSI, etc all looked oversold and about to turn up. with the price at 365 hitting the downtrend, it looked like a fair chance of breaking through into a whoosh.

in fact it has already gone up another 5p.

a definite chance imho we are off to 450p next stop.

[volvo] 13/9/2012 11:13

This Luxembourg spat has obviously been a drain.

Now the markets have clearly been reassured that none other than the British government is backing Avanti, the share price will surely motor.

Rogk 700p in 12 months would be disappointing. With Hylas 3 contracts being signed from 2013 on wards I am targetting 1000p with upside.

[k0108356] 13/9/2012 11:03

Back in on the AVN this morning, good price action! Now let's get a bloody move on ;)

[yorgi] 13/9/2012 08:25

Spot on Roger.......but looks to me like we are slowly moving up now and the downtrend has been broken.

The "red herring" that had been in the background is just that !

[rogerbridge] 13/9/2012 08:22

Very good news abiut the ITU and it is just a matter of time before the share price goes much much higher. Not worried about the short term price, it gives one the opportunity to add when funds become available. The story here has always been about 2013 and onwards.

[johncsimpson] 13/9/2012 07:47

Last nights close.



Still in a down-trend . . .

[johncsimpson] 12/9/2012 08:16

Last nights close for all you chart spotters:



Intraday fall now gone and by the end of the day the MACD was close to going positive. Let's see where next. I'd say it was a heads or tails call . . .