Avanti Communications Share Discussion Threads

[peterwaller395] 10/7/2013 11:06

Simon

If you say so and if and when it does, I'll buy more. I hope you are correct as I do need to buy more, given my average price is somewhat above the current price LOL!

[william russell flint] 10/7/2013 11:03

Can anyone post Tom Winnifog sell advise that the cash is running out please

[fairenough11] 10/7/2013 11:00

Avanti Communications Group Plc (LON: AVN)'s stock had its "buy" rating reiterated by stock analysts at Jefferies Group in a report issued on Wednesday, AnalystRatingsNetwork reports. They currently have a GBX 640 ($9.52) target price on the stock. Jefferies Group's price objective would suggest a potential upside of 159.63% from the stock's previous close.

[ricardo125] 10/7/2013 10:57

To be fair to Avanti and all other companies at the moment they have been operating in a near global depression. The supply of credit to all must be having a somewhat stifling effect.

[simon cawkwell] 10/7/2013 10:51

peterwaller395,

As it happens, I resist insofar as I can the temptation to indulge in schadenfreude. But I am amazed at the sheer resilience of many in forgiving AVN's management.

The fact is that this company keeps on missing forecasts besides indulging in curious accounting. It is never good. And that is why confidence cannot return to this market and that is why the price may well decline below £1.

Simon Cawkwell

[ricardo125] 10/7/2013 10:47

From my experience when things like this happen there is generally a long down turn in the stock unless there is real and tangible income/profit shown to be coming into the company. I expect this share is in for a rough ride over the next 6 months.

[peterwaller395] 10/7/2013 10:43

This is way overdone. More delays yes but not to the extent that the price gets this mauling. Evil is laughing I see ........ Buy more and wait, just wait

[j777j] 10/7/2013 10:31

One big contract away from 200p



"Contract wins with major telecoms and media companies including Vodafone, Technicolor, CNN "

"-- Accelerating success with the leading satellite service providers with new contracts with Speedcast, TTCom and Bentley Walker amongst others"

[anusol] 10/7/2013 10:19

Just thought I'd repost this little highlight from Results RNS 6 months ago (great comedy line right at the end! He never said which direction the transformation would take!!!):
--------------------------------------------------------
Commenting, John Brackenbury, CBE, Avanti Chairman said:

"Sales momentum continues to build very well. We operate in rapidly developing markets in Africa and the Middle East which are showing very strong demand for our market-beating services, with several HYLAS 2 beams already fully sold.

"Avanti's customers value the resilience, quality and flexibility of our managed services. We are winning high value added business at expected prices in Europe as well as emerging markets. Technical milestones are now behind us and our forward visibility continues to improve. 2013 should show commercial transformation."
-------------------------------------------------------

[kirk2] 10/7/2013 10:11

mug punters about to get burned

[anusol] 10/7/2013 10:10

Gekks - I just reread this mornings RNS and I came to the same conclusion. 2 things driving the lower figures:-

1 - delay/slippage on signing contracts (and one booked contract of £10m cancelled). But just 3 to 6 months by the sound of it, so all non-rec one off impact.

2 - Reduction in order book - simply because they appear to have switched half their forward orders onto framework contracts. Which is actually a GOOD thing, because most large org's focus on their framework suppliers once they've spent the effort setting them up. This will actually make income more secure.

So actually the statement isn't that bad at all - not 40% share price reduction bad. HOWEVER, sentiment is driving this at the moment, and DW has possibly lost a lot of cred for undershooting sales by such a large margin, even if its just for 6 months. If he can keep the big Insti's sweet, then should be nothing more than a blip (big blip though).

[gekks] 10/7/2013 10:02

Did I miss something, contracts delayed - is there anything worse than that ?

[anusol] 10/7/2013 09:58

I'm guessing this puts a hold on their plans to list on the main market?

[west coast trading] 10/7/2013 09:58

I fear this has further to go now. Management creed shot to oblivion.

[ricardo125] 10/7/2013 09:54

Anyone know what rhps original buy in price was?

[fairenough11] 10/7/2013 09:54

molatov,

exactly and I bought there at 118 on that margin driven fall, now 187.

[j777j] 10/7/2013 09:53

July 10, 2013 In: Analyst Articles



Avanti Communications Group Plc logoAvanti Communications Group Plc (LON: AVN)'s stock had its "buy" rating reiterated by stock analysts at Jefferies Group in a report issued on Wednesday, AnalystRatingsNetwork reports. They currently have a GBX 640 ($9.52) target price on the stock. Jefferies Group's price objective would suggest a potential upside of 159.63% from the stock's previous close.

[ricardo125] 10/7/2013 09:52

Down in the 140's now, another aim disaster for me as a lth. I bet TB is going to issue a sell notice as well after this. Its all doom and gloom.

[molatovkid] 10/7/2013 09:52

This has Iofina wrote all over it....big margin holders can't meet the calls so positions liquidated which triggers other stops etc.

[molatovkid] 10/7/2013 09:43

On my live feed I have one trade at 151.3 and nothing else below 153.5