Avanti Communications Share Discussion Threads

[naeclue] 13/2/2013 14:48

"That's the problem for Avanti management........ some of us no longer believe their numbers.

That sort of problem just won't go away by publishing more numbers."

Aren't the accounts audited?

Presumably the next set will show cash flow positive or not, or are you saying they can manipulate that?

FY 13 is north of 30 million, quite a spike up from 8 million or so from H1.

The company also says no fund raising for H3 until 2015 iirc.

I think next set of figures should give us some answers, one way or another. Perhaps wishful thinking :-)

[garymott] 13/2/2013 14:17

Shanksaj, have you seen who some of the recent NEDs are? And where they come from (e.g. Paul Walsh and Paul Johnson)? They don't have to work with Avanti and don't need the money. Do you think these senior NEDs would allow themselves to be manipulated by the BOD? Do you think that it will be important to these NEDs to uphold their reputations and maintain their integrity?

[aishah] 13/2/2013 14:12

Hmmn - "Compounded to that is possibly a lot of wishful thinking about the speed of development of the African continent." Heard of FastJet?

[shanksaj] 13/2/2013 13:57

That's the problem for Avanti management........ some of us no longer believe their numbers.

That sort of problem just won't go away by publishing more numbers.

Compounded to that is possibly a lot of wishful thinking about the speed of development of the African continent.

[extrader] 13/2/2013 13:51

Hi GaryM,

Re 'informed analyst', the sad fact he's , he's not likely to be looking for 'another job' ......where would he/she find anything paying as well as what they do now !;-

[hpcg] 13/2/2013 13:48

It is possible in any investors mind for belief to override evidence; I've been there and I'm sure most others have too. Those not emotionally involved will make their own mind up either way. Anyway, we get to find out in the future who has been right and who has been wrong.

[garymott] 13/2/2013 13:47

Some things are personal opinion (such as £8.6m revenue in 6 months, almost all from H1, is "sod all" - Personally I don't think it is).

However, other things are fact such as the launch date of H2 which was Thursday 2 August 2012 at 9.54pm UK time. You don't have to be a genius to calculate that "half" of "over 24 months" is more than 12 months, and more than 12 months has not passed between 2 August 2012 and today!

If this is the quality of the comments from the "informed analyst on Avanti", it's probably about time he/she should start looking for another job!

[yorgi] 13/2/2013 13:24

Well yesterdays results say he is wrong and from the share price movement yesterday it would seem more disagree than agree.

I think you have summed it up there John he has got it in for AVN !

[peterwaller395] 13/2/2013 13:19

Here you go - EK just put on T1ps :-

Back in the wages department, I garnered the following comment from an informed analyst on Avanti (AVN) which reported yesterday: "Aside from the typical fluffy language, this time about nameless "major telco customers" and sales momentum building well etc, I can see nothing to change my view on AVN.

AVN's HYLAS 1 satellite has been swinging around up there for over 24 months now and it's still generating sod all revenue. And the authenticity of that, which is reported, is sketchy at best. So how it reckons HYLAS 2 (which has been floating around for half that time) will report material revenue in H2 is lost on me. Further, the service cost of all that debt will now kick in. And as AVN's cash generation is already so paltry, the interest will be an added burden. I note, the net debt has ballooned a further £43.3m in the past six months, to £141.5m.

I'm remaining short. I reckon it'll need to raise some more moolah to fund HYLAS 3."

[ttnyw] 13/2/2013 13:02

2350220

Was this a recent post? If so can you give us the gist of what he says?

TIA

[2350220] 13/2/2013 12:47

I just read EK's post on T1ps and he really does have it in for Avanti.
I hope he's as wrong with this as he was about ASOS.

John

[haroldthegreat] 13/2/2013 12:04

are we going to have fried bears? or if horse meat is cheaper will they be substituted with fried horse. whichever the price should rise as good news is on the way and the bears will have to cover their position. the mis information from the shorters is now exposed as incorrect. let the barby commence

[jonnyno1] 13/2/2013 11:25

Another squeeze coming.

[anusol] 13/2/2013 09:43

I didn't realise it was a few weeks old - but certainly ties in nicely and adds a fuller picture with yesterdays results.

[divinausa1] 13/2/2013 00:08

i think we could see £3.50 in the morning before it settles back a bit....

SC would of closed his short on todays news...

[divinausa1] 13/2/2013 00:07

divinausa1 12 Feb'13 - 11:04 - 11741 of 11797 0 0 edit


Cammy3 12 Feb'13 - 10:42 - 11737 of 11740 0 0

I think we will see a lot more Director buys today/tomorrow
-----------------------

undervalued will see this shoot thru £3 in short order...

[ramas] 12/2/2013 23:20

High Beta stock so traders love AVN - also high operational leverage and its starting to come good judging by the interim statement - i suspect AVN will shoot to 400p plus in short order . I Love these leveraged type plays - pass breakeven and sales flow straight to the bottom line - modest good news and this share will fly past £10 ... IMO of course

[broadwood] 12/2/2013 22:57

From the Telegraph.


Outside the FTSE 250, satellite communications group Avanti was in
demand and jumped 53¾ – 21.4pc – to 305¼p after revealing in its first-half
results that the company expects to see positive cash-flows in the second
half of its financial year.


Investors were also encouraged by news that Avanti non-executive director Paul
Johnson, who joined the board last month, today bought 10,000 shares at 277p
a piece.

[shanksaj] 12/2/2013 18:51

Gary, Thanks. Matthew Earl is pretty hot on forensics. See his posts on Trinity Mirror ("buy" in July (2012!) when it was 25p), and "buy" Colt Telecom.
Today's loss on Avanti is more than made up for by today's gain on Trinity Mirror.

[garymott] 12/2/2013 17:16

Shanksaj, I read the four articles earlier when you posted the link. I've also read them previously. We are clearly viewing events very differently. So we will have to agree to disagree. Good luck with your short.