Avanti Communications Share Discussion Threads

[aa29] 16/11/2012 13:18

^ Fair comment. The lack of sales, change in sales recognition policy and Filiago debt have left the price where it is.

I've been to several AGMs and have always left feeling positive but the progress of having two satellites in orbit hasn't been reflected in the valuation and that's their fault.

The inference from yesterday was that they should be able to hit sales targets fairly comfortably but I can't see any significant share price movement until that's demonstrated or some big new contracts are signed.

[pojscott] 16/11/2012 12:24

Thank you AA29. All sounds good--BUT--the S/P ???

[sg31] 16/11/2012 09:22

AA29, Thanks.

[2350220] 16/11/2012 09:20

Thank you very much for all the time and effort in making these notes and reporting back to this board AA29.
Great post.

John

[peterblok] 16/11/2012 00:18

Thanks AA29 - sounds like all is on track.

[yorgi] 15/11/2012 23:53

Thanks for that feedback AA29.

[aa29] 15/11/2012 23:50

Attended AGM –probably about a dozen private investors there. These are a few jotted down points:

£11m per month order book increase still being achieved. Continued achievement of targets will beat brokers forecasts going forward.

Viewed broker forecasts (Charles Stanley were quoted) as comfortably supportable.

Southern Africa – very positive. 22% of Hylas 2 capacity pointed at it. 30% Kenya/Tanzania. David Williams had flown in this morning after encouraging meetings in S Africa.

Competition such as Eutelsat and Yahsat (UAE satellite - launched but delayed operationally) focus on lowest cost services. Avanti focus is on resilience and flexibility – good for telecom and defence business. No competitor had the ability to compete on one of their backhaul contracts.

Similarly Avanti is winning business with customers who want to run their own networks, competitors do not have the same flexibility of input.

No purchases made by US Government under Ka band sourcing framework yet. As military leave places such as Iraq, private security and official advisory missions take up the sat demand.

4G – limitations on spectrum restrict amount of data that can be handled so data will remain expensive. So not a significant competitor to Avanti, more a benefit as more backhaul demand.

Future split of business seen as 35% carrier, 35% enterprise, 20% consumer broadband and c10% defence.

Discussion re Filiago debt, large ISP in Germany. Support/services provided to help ensure migration of a lot of legacy broadband customers onto Hylas 1. Nigel Fox (FD) is on Filiago board. Filiago has been concentrating on this migration over past period, now much more emphasis on expansion. Confident that the current exposure will yield returns and is a realistic asset.

This was mentioned as an opportunity - UK Local TV





Decision is apparently due soon.

As usual after an Avanti AGM, left with a positive feeling about future. Board seem very confident that current (reduced and prudent) targets are very achievable. Obviously, now is the time for them to deliver.

[nugacity] 15/11/2012 13:05

While I was on here, USOP announced only 6% of their test area has oil.
And they have problems making that flow.

Looks like I now have 2 major investments - c'mon AVN!!!!!

Luckily I topsliced all my money plus a small profit to leave a few USOP running.
Unluckily I topped up at lower prices, enough to wipe that profit and some but not as bad as it would have been. The difference might buy us drinks when we have our party on the moon in a year or two :O)

[nugacity] 15/11/2012 12:05

One up for advfn - their long links seem to work :O)

And how long did Chris have to spend on keeping his PI's informed?
We sent him some questions in advance to get back as much as we could in the time - and no doubt help his secretary a little?

[lavagrouch] 13/11/2012 16:48

Director share purchases to influence share price appears to me to be a rather futile exercise. I am certain that the directors will have noted that their share purchases earlier this year did nothing to inspire confidence or support the share price, if that had been the motivation for buying.

I can only conclude that they continue to buy because they believe in the future of the company.

[yorgi] 13/11/2012 15:26

I agree as well.

[jadeticl] 13/11/2012 14:12

Yes true, but it is better to spend your pocket money this way than to buy £25K worth of Walkers' Crisps.

[colva] 13/11/2012 13:57

Re. Director share purchase.


25k is pocket money for Paul Walsh , he picked up over 11m pounds this year as CEO of Diageo

[bluebelle] 13/11/2012 11:26

jeffian 13 Nov'12 - 11:10 - 11248 of 11249
The many Directors' share purchases of the past few years remind me of the story of King Canute........


Canute ordered the tide to recede to demonstrate to his fawning, sycophantic courtiers that he was not omnipotent, as they claimed. It was he who was in possession of inside information not they. His judgement, rather than their's, proved to be quite astute.

[lavagrouch] 13/11/2012 11:19

and what did their previous selling of shares remind you of Jeffian?

[jeffian] 13/11/2012 11:10

The many Directors' share purchases of the past few years remind me of the story of King Canute........

[verymaryhinge] 13/11/2012 10:29

director purchase.

[colva] 12/11/2012 14:27

Re. SC

Previous shorts were closed ,this latest short was opened on the 10th Oct at 295p .

[2350220] 12/11/2012 13:20

I see this afternoon, that Simon Caulkwell is still short Avanti.
I thought he'd closed this a while ago.

John

[count chris] 11/11/2012 20:07

HPCG I dont disagree but I think PIs expectations are changing because of technology and maybe because they are nervous given the volatile economic climate. I suppose the trend towards short term trades benefits from regular price sensitive news too.

[hpcg] 11/11/2012 14:11

Count - IMO PIs want way too much operational information from the small companies they invest in; it is simply too expensive in time and money to generate and a distraction from running the company. The story since H2 went into service is all about the financials, the scale of future earnings and what people are prepared to pay for those earnings.