Avanti Communications Share Discussion Threads

[michaelmouse] 14/7/2013 19:53

hxxp://michae1mouse.blogspot.co.uk/2013/07/a-week-of-mixed-fortunes-for-two.html

Michael.

[dunluce] 14/7/2013 16:28

jeffian - I was aware of the meaning of your post but since you had pulled all the info. together...it does show both sides - however he has consistently bought on the way down and does have a significant holding - I find both of these points reassuring.

[jeffian] 14/7/2013 12:22

Actually, my post was not designed to show that Williams has a significant holding but that his purchases are certainly no indicator that we have reached bottom as Nidgeyr implied. He's been a pretty consistent purchaser all the way down!

[dunluce] 14/7/2013 09:07

Rogk,

Yes the latest company update was a disappointment but I still think flexibility of service is a key attraction of Avanti. AVN took 'a bit of a shoeing' after last Wednesdays results (probably deserved) but IMO the downside from here is fairly limited and there is still huge upside potential. I note the RHPS sell note on Thurs. did not impact hugely on Fridays price action - probably because the fall on Wednesday was already so significant. I think the company are now well aware that further disappointment (promising and not delivering)will cause the share price to be hammered. Williams has a significant amount tied up in AVN ( as jeffians post shows ) - I doubt he wants to see further share price decline and would suspect the main IIs may also let their displeasure be known.

[jeffian] 13/7/2013 00:01

Not that 'simples':-

10 October 2012
Avanti Communications Group plc (AIM: AVN), the satellite operator, was today informed by David Williams, Chief Executive, that on the same day he purchased 8,100 shares at 305 pence per ordinary share.

informed on 4 October 2011 by David Williams, Chief Executive, that on the same day he purchased 19,420 shares at 254.8 pence per share.

Avanti Communications Group plc (AIM: AVN), the broadband satellite operator, was notified on 7th March 2012 by David Williams, Chief Executive, that he had purchased 10,000 ordinary shares in the Company at a price of 250 pence per ordinary share.

Avanti Communications Group plc (AIM: AVN), the satellite operator, was informed today by David Williams, Chief Executive, that he has today bought 18,360 shares at 269.3 pence per share.

Avanti Communications Group plc (AIM: AVN), the satellite operator, was informed on 23rd June 2011 by David Williams, Chief Executive, that on June 22nd he purchased 6,458 ordinary shares in the Company at a price of 341p pence per ordinary share.

Avanti Communications Group plc (AIM: AVN), the broadband satellite operator, was informed on 16 June 2011 by David Williams, Chief Executive, that on the same day he purchased 28,200 ordinary shares in the Company at a price of 350 pence per ordinary share.

Avanti Communications Group plc (AIM: AVN), the broadband satellite operator, was informed on 4 April 2011, by David Williams, Chief Executive, that on the same day he purchased 11,423 ordinary shares in the Company at a price of 433 pence per ordinary share.

Avanti Communications Group plc (AIM: AVN), the broadband satellite operator, was informed last night, 15 March 2011, by David Williams, Chief Executive, that he had purchased 11,895 ordinary shares in the Company at a price of 416 pence per ordinary share.

Avanti Communications Group plc (AIM: AVN), the broadband satellite operator, was informed last night, 15 March 2011, by David Williams, Chief Executive, that he had purchased 11,895 ordinary shares in the Company at a price of 416 pence per ordinary share.

23 February 2011
The Company was also notified today by David Williams, CEO, that he had purchased 17,997 ordinary shares in the Company at a price of 549.75 pence per ordinary share.

[nidgeyr] 12/7/2013 18:27

You will never get these at this price again!

10/07/13
David Williams, Chief Executive, purchased 14,200 shares at 176p
Paul Walsh, non-executive Director, purchased 10,000 shares at 161p

11/07/13
David Williams, Chief Executive, purchased 15,000 shares at 166.25p

Simples!

[weatherman] 12/7/2013 17:56

Its hard to gauge which way this will go. If it is just a blip then the shares will be dirt cheap as cash flow increases on assets above current mkt cap. If it continues to struggle to get new orders, then it could slide further due to large debt commitments. I will wait to see what transpires before averaging down.

[anusol] 12/7/2013 16:02

Done a lot of thinking & reading.... decided to take the money and run at 167p a share.

[anusol] 12/7/2013 07:22

They also imply that some orders have switched from long term contracts to frameworks. This would take money out of order book and into potential income. So it's much more difficult to gauge backlog if frameworks are now taking a big role.Personally I think order book is a red herring. Much more important is income this year and next. Don't care much beyond that!

[togglebrush] 12/7/2013 06:51

Try that the £290 million was the total order book size for say 7 years and the £40 million is for one year. (40x7=280)

[ray164] 12/7/2013 00:49

No idea, and the trading statement makes no mention of any large scale cancellation of orders.

In the interim results published on 12/02/2012 they state

"-- Backlog at 31 December 2012 of firm orders of GBP290m (up 60% on December 2011) "

So to go from firm orders of £290 million in December to just £128 million by today something catastrophic must have happened. It seems very strange, to me, that this is not mentioned in today's statement.

[ray164] 11/7/2013 21:08

I don't know why anyone listens to any of the tipsters. They only have access to the same info as the rest of us, and I'm sure I can read as well as any of them. My experience of following tipsters advice (many years ago now) was that I lost a lot of money very quickly.

I have always done better since I started using my own judgement.

[someuwin] 11/7/2013 18:17

...He certainly was one of the biggest bulls on AVN over the years.

[dunluce] 11/7/2013 18:15

Someuwin you beat me to it. I'm not sure TB has gone through the update in much detail. It was through RHPS that I first came across AVN so I'm not sure if following TBs advice now would be double folly....

[someuwin] 11/7/2013 18:11

RHPS says SELL.

[colva] 11/7/2013 15:43

The BoD's handling of this has been poor , they should have put out an IMS in May and given shareholders some idea of the state of play , there is no excuse for delaying bad news, we accept the risk that the business may not go to plan but shareholders should have been told in May .

[j777j] 11/7/2013 13:02

Still, progress none the less.