Avanti Communications Share Discussion Threads

[johncsimpson] 05/10/2012 08:48

I notice Rogk on the other board has offered the opinion that traders sold at 300.

Well I'm afraid you don't understand trading Rogk. The 'smart' trader who got out plus 400 would clearly not be in at 300, so your comment is nonsense. It's more likely that traders were getting back in at this level.

[nugacity] 05/10/2012 08:44

Volvo sure you are right.

Just checked my averaging down figures .... horror show .... the lower the price the less I risked .... £3.40 £3.43 and £3.51 all needed .... there is a lesson there .... average down in ever increasing amounts .... easily said hard to achieve .... I thought each of those was the pits!

[volvo] 05/10/2012 08:43

From July......also Hylas 3 was fast tracked and funded (imediate) and supported by the ESA. Both H2 and H3 will be necessity for the up coming 111 world war in the middle east. dyor.


London (10 July 2012): Avanti Communications (LSE: AVN), the satellite operator, is pleased to announce the signing of a Basic Ordering Agreement, BOA, with NATO's Communications and Information Agency (NCIA), formerly the NC3A Agency.

The agreement allows NATO Command agencies and NATO Member States to request pricing and place orders using pre-agreed terms and conditions and pricing tables.

NATO has recently acknowledged the importance of Ka-band in its future commercial satellite communications requirements. Ka-band provides extremely cost effective satellite bandwidth to support the higher data throughput requirements of operational and welfare applications for NATO and National deployments. Avanti's areas of coverage include Europe, the Middle East, Eastern and Southern Africa.

Malcolm Green Head of NCIA's Satellite team commented "NATO's recent operational experience has highlighted the critical nature of beyond lines of sight communications. The introduction of Avanti's Ka-band satellite capacity provides a valuable addition to our communication capability options and demonstrates the increasing value of utilising competitively priced, leading-edge commercial Satellite Communications technology to support operations"

David Williams, Chief Executive Officer of Avanti, commented "We are delighted that Avanti has begun the process of providing crucial communications support to NATO forces, particularly as Avanti can help them achieve best value and a technical solution ideally suited for the challenges they face".

[nugacity] 05/10/2012 08:35

rogk, I imagine those with automatic stop losses at yesterday's depths also had buy backs at higher prices? I don't think they were set up in the expectation it would trigger both in a matter of hours. I empathise with them - they tried to be sensible which is not always the best policy in these mad markets.

I averaged down @ £3.04 which looks good until you see my previous average down prices :O( ... my next at £3.28p has been breached by a farthing or two .... still some way to go I think!

[volvo] 05/10/2012 08:34

Nugacity, I am saying, imo, both H2 and H3 will be widely used by 'NATO'.

[johncsimpson] 05/10/2012 08:02

That little green box just above the histogram on 3rd October is a little code indicating 'results'. We now know that's wrong.

[blue forever] 05/10/2012 07:59

"The market is now clean...",well,there`s an oxymoron!

[johncsimpson] 05/10/2012 07:59

Interesting day all in all; AVN's chart ended up like this.

The price did in fact retrace as I said it might but rather bumped it's head on that support line in the downtrend channel. So the big question for a chartist is - wait for it:

Will that support line become resistance?

added: or the one at 340ish as everyone seemed to mention on earlier charts?

[nugacity] 05/10/2012 07:58

Volvo, are they likely to mention military dealings? I don't think they will because they could have militias from either side of the many fences in the areas covered on their books?
Not too long until 10th Oct ....

[volvo] 05/10/2012 07:25

Just a case of calm down.

Today........

Avanti will also update the market on the launch of service of HYLAS2

News on strong interest, especially military will see the rerating start in earnest.

They took out every stop loss down to 296p yesterday, the market is now clean and AVN can go on.

[jonnyno1] 05/10/2012 07:10

Jeffian, i agree with what you say but given the option i think i would delay until after the testing just to reinforce the results.

j.

[verymaryhinge] 05/10/2012 07:09

10th then.

[nugacity] 05/10/2012 07:09

Avanti Communications Group Plc

Notice of full year results and HYLAS2 update



London - 5 October 2012. Avanti Communications Group plc (AIM: AVN, "Avanti"), the satellite operator, will announce its full year results for the year ended 30 June 2012 on Wednesday 10 October 2012.



Avanti will also update the market on the launch of service of HYLAS2.





Enquiries:



College Hill


020 7457 2020

Adrian Duffield/Jon Davies

[colva] 05/10/2012 04:30

I think a few of us (including myself) had read on IG index or news channels that the prelim results were due this week, a 2 minute check of previous years RNS's would have told us that the results were not due this week as AVN have not yet announced the date , i'm kicking myself for being too lazy to check and it cost me a few quid , i bought at 346p and 350p last week with the intention of selling if the share price dropped through 340p support but i held on to them because i thought we would get an update early this week and didn't want to miss out, a big mistake , i did buy some yesterday at 308p so my average is now about 335p, the best advice on these boards really is........... DYOR




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[jeffian] 04/10/2012 19:39

Jonnyno1,

We already know what the results will be from the Trading Update issued on 11 July. Results are backward-looking (although they usually include an 'outlook' statement) so there is absolutely no benefit in deferring them. The results won't change however long they wait! Reporting on the progress of Hylas2 can be done via RNS at any time. I see no reason why we shouldn't get results soon.

[yorgi] 04/10/2012 19:27

Yep storm in a tea cup Colva :-)

I expect we will see a blue day tomorrow following on from the recovery in the second part of the day.

[jonnyno1] 04/10/2012 18:08

Foolish of me to think that results would be out this week, when h2 was launched they stated that it was undergoing three months testing, i dont believe they would release there results until after that time.

so november earliest.

j.

[blue forever] 04/10/2012 17:56

buck581-absolutely agree. "Integrity of the markets"-don`t make me laugh !

[buck581] 04/10/2012 17:48

Gentlemen, I refer you to the comments I made a short while ago !

Post 10670

[nugacity] 04/10/2012 16:52

Having snapped up the stop losses below £3 it will be a bold decision to try and shake us again? And I'd expect the shorters to have jumped at the prices that were available today - surely better than they ever dreamed of when the short was initiated?

An RNS on a rise is my dream here ... or is that wet?

[colva] 04/10/2012 16:40

It looks to have been a storm in a tea cup , a very bullish candle to end the day , a bounce off support at 295p and a higher close .

[blue forever] 04/10/2012 16:17

Volume looks pretty good to me ! :-)

[yorgi] 04/10/2012 15:44

What we need is a robust set of results with an upbeat comment on prospects and they will get their fingers burnt :-)