Avanti Communications Share Discussion Threads

[sg31] 22/10/2014 17:50

If he has I will sell first thing Monday. I was hoping he might recommend shorting it in which case I would back up the truck.

[2350220] 22/10/2014 16:56

Blimey, at this rate I might well break even by 2022 when I retire!

I wonder if TW has issued a Short recommendation!

John

[jadeticl3] 16/10/2014 17:52

With a rise like this I expected to find some sort of announcement, but did not find one. I will be a convinced cynic if some big contract is announced tomorrow.
However, I am pleased with any kind of increase on a day like today when all about me is red.

[hpcg] 16/10/2014 13:29

Who knows, given the state of the market it is a bit unexpected. Dollar strength is good for our revenue, but that did not exactly happen today.

[wilksey1] 16/10/2014 12:45

blimey whats going on then this has woken up maybe a bid for the company 600p lol

[gekks] 16/10/2014 12:43

Signs of life ?

[philburt] 16/9/2014 09:59

buywell2 - your use of capitalisation has certainly caught my eye and started me thinking......lol

[buywell2] 16/9/2014 08:43

So LOSSES are up by near to 100% and





DEBT IS UP BY AROUND 67% FROM 2013


''Financing and Treasury

The total debt outstanding was $508.5 million (2013: $ 305.4 million) together with $8.5 million of finance leases (2013: $7.6 million).''

[buywell2] 16/9/2014 08:40

LOSSES NEAR TO 100% DOUBLING FROM 2013


From the results


''Loss per share

Loss attributable to shareholders is $87.2 million, resulting in a loss per share of 81.18 cents (2013: loss per share 44.49 cents).''

[estienne] 16/9/2014 08:27

Of more importance is the fact that these results demonstrate that Avanti have a strong revenue stream set to double again next year. Anyone who shorts it will be punished. The price is now at rock bottom and about as good a buy as anyone could hope for.

[estienne] 16/9/2014 08:23

EK also shorted Daisy Group and heavily slated them predicting dire results. He was totally wrong. I bought them at 96p and doubled my money.

TW is EK's toad and made a complete fool of himself over Avanti.

If he had any sense of integrity he would stay quiet.

[broadwood] 16/9/2014 07:41

Jefferies International Avanti Communications Group PLC 16/09/2014
Upgrades
Hold Buy
2
250.00 250.00 185.00
0

2

[ak472014] 15/9/2014 16:07

Avanti Doubles Sales

hxxp://www.satelliteindustrynews.com/avanti-doubles-sales/

[2350220] 15/9/2014 15:26

100% Yorgi,
John

[yorgi] 15/9/2014 14:02

TW's credibility has long since gone in my view.

[sg31] 15/9/2014 14:00

I suspect AVN aren't prepared to pay TW for promotion hence he now doesn't like them. It's not the first time.

I'm surprised anyone listens to pizza boy. I tend to disregard tips from waiters in fast food restaurants.

[divinausa1] 15/9/2014 13:20

TWS credibility if he ever had any has gone down the drain with his constant personal vendetta against Quinell QPP. I dont follow him never have done he changes tune too often on a stock.

[buywell2] 15/9/2014 13:06

Loss per share

Loss attributable to shareholders is $87.2 million, resulting in a loss per share of 81.18 cents (2013: loss per share 44.49 cents).

Financing and Treasury

The total debt outstanding was $508.5 million (2013: $ 305.4 million) together with $8.5 million of finance leases (2013: $7.6 million).

Insurance

The Group maintains a full suite of insurance policies covering not only space assets, but also business interruption associated with the failure of its ground earth stations. HYLAS 1 in orbit insurance policy was renewed in November 2013 with an insured value of $112 million at a rate of 0.75%, and HYLAS 2 was renewed shortly after the year end for $306 million at 0.56%.



Balance sheet

Tangible fixed assets decreased marginally to $610.9 million (2013: $613.8 million). Additions were $28.9 million, of which $11.0 million related to HYLAS 3 and the balance on ground infrastructure. Total depreciation was $49.6 million, with the satellite depreciation charged to costs of sale and the balance to operating costs. Movements in exchange rates increased total NBV by $33.3 million.


We have chosen to increase our provisions for doubtful debts to $4.6 million. In some regions where infrastructure has been disrupted by civil unrest, some customers have been unable to remit full amounts to settle their accounts. However, rather than terminate services and thereby lose the end customers, we have on a case by case basis, allowed services to continue. At the year-end we have provided against the outstanding amounts, although we hope to achieve some recovery against these provisions.



Trade and other payables excluding accrued interest fell from $28.0 million to $26.9 million. Similarly, accruals and deferred income in non-current assets have fallen.

Gross debt increased to $517.0 million (2013: $313.0 million) following the high yield bond issuances to re-finance the HYLAS 2 debt and to commence HYLAS 4. Cash on balance sheet at 30 June 2014 was $195.3 million (2013: $58.7 million) leaving net debt of $321.7 million (2013: $254.3 million).

[standish11] 15/9/2014 12:59

TW's negative comments on Shareprophets will be finding traction. His negative view is understandable as are his views regarding the CEO. Just a pity that he wasn't as independent of thought when he was relentlessly tipping AVN in years past.

[2350220] 15/9/2014 12:46

Does all seem promising. First year in actual profit, if I've understood that correctly (Pos EBITDA).
So good news, and as always . . . the price falls back to Earth quicker then a North Korean missile.

GLA
John

[jadeticl3] 15/9/2014 10:56

Perhaps you could arrange to visit Dozey3. It may just be a one room flat.

[dozey3] 15/9/2014 09:36

Here are the finals.


The surge in revenue is partly due to non-recurring upfront deposits, and it's a bit difficult to see the wood for the sawdust, but my take is that they are going in the right direction and de-risked somewhat this morning.

One little throwaway detail I didn't like one little bit:

"In May 2013 the company moved to larger premises in central London."

Why? Central London is the most horrendously expensive place. Perhaps it's to impress potential customers. Anyway I'm sticking with my current holding, but am not tempted to add.

[gekks] 15/9/2014 07:47

Looks good to me