Avanti Communications Share Discussion Threads

[yorgi] 14/1/2011 16:26

No and no idea......what have you seen ?

[sco77harris] 14/1/2011 16:24

Have you spotted the Eutel KA sat v Hylas 'glitch'?

what does this refer to

[superg1] 14/1/2011 10:34

Silence Rest. No still waiting for the powers that be to sort out the issues raised.

More noted by the way.

Have you spotted the Eutel KA sat v Hylas 'glitch'. Someone has got it wrong, which one????

You'll have to find it yourself. I don't want to be accused of ramping or deramping, so hence won't comment on whether it's postive or negative for AVN. DYOR.

As for iii I note some are going to complain to brokers for their inflated post launch figures ?????.

[backmarker] 13/1/2011 13:12

looking good so far for the bounce off the bottom of the uptrend channel. the top of the channel is currently around 800p. if we can carry on with rises for the next couple of days then we should not see a further drop to 600p or below.

[yorgi] 13/1/2011 10:42

Eased a bit but heading on up again.....hope it carries on tomorrow and DW has a good RNS with contract win for us on Monday to start next week off with a bang

[yorgi] 13/1/2011 09:23

Yes another day or two :-)

[someuwin] 13/1/2011 09:22

Looking to go above 700p without too much trouble.

[pojscott] 12/1/2011 17:53

Silence is golden!

[restassured] 12/1/2011 16:47

Please note the absence of the resident bear.Clearly his syndicate have achieved their aims for the moment.

Once again a clear use of illiquid holiday markets to launch a bear raid on a stock.

He was posting twenty times day whilst it was ongoing.

Then silence.

[pojscott] 12/1/2011 13:47

Getting a nice bounce now, should see a steady rise over the next month, have a hunch some more good news on the way!

[backmarker] 12/1/2011 12:34

some good two-way trade going on. mostly small, with the chunkier ones usually sells, sometimes with delayed reporting.

spread has closed up to 1p at times, which is good.

[backmarker] 12/1/2011 09:59

good volume yesterday has helped restore some bullish confidence.

this needs to follow through today to get the upward trend moving again.

[mike292] 12/1/2011 09:37

pojscott - Thanks for the encouragement. As you may gather I am new to BB's and they can be a bit intimidating with the abbreviations, humour and rantings. This thread has been very useful for me as I am an investor rather than a speculator and will be sticking with my holding for some time yet.
Thanks again,
Mike

[yorgi] 12/1/2011 09:16

Good to yesterdays change of direction continuing today !

[pojscott] 11/1/2011 17:02

Mike 292---Great post, had not seen that so well done! Thanks.

[yorgi] 11/1/2011 16:25

Looks like a good end to the day coming everyone lets just hope this continues now.......although the drop has been good for some to get in today

[mike292] 11/1/2011 16:08

Yorgi - exactly but the existing MML holders were upset because it hit the share price. At least with AVN it looks as if they intend to hold long term
Mike

[plasterkay] 11/1/2011 15:58

To be fair, to the share selling directors, I remember about 4years ago they did say in a company report they would only exercise their share options when the share price was over £7, if I can rememmber...The share price was about £2.30 then, so the long term holders like myself, can't really complain :)

[blue forever] 11/1/2011 15:48

"Useless Coalition Governments £830 million project....." LOL

[yorgi] 11/1/2011 15:31

Thanks for that Mike. I had not read the slagging Tom took on the MML board but why shouldn't they sell out, I guess they had been in a long time and the gains it made last year they would have done very well and I assume they decided the best gains were made and they could do better elsewhere with their profits. Like AVN :-)

[mike292] 11/1/2011 15:26

This was in The January Newsletter from the SF t1ps Smaller Companies Growth Fund on UK-AnaIyst.com. Having seen the slagging off Tom took on the MML board for selling out there, this may be of comfort to holders in AVN of which I am one.
Avanti Communications, the provider of ka-band broadband services, launched its first of three HYLAS satellites into orbit on 26 November 2010 signifying the transformation from a broadband service developer to provider, having historically sub-let third party satellite space to create interim revenue. At this point we had expected the share price to follow the same trajectory as the satellite, and rocket. We have been disappointed. Currently capitalised at £532.6 million, with hindsight we are sure the company is regretting the timing of the news release dated 7 December 2010. The PR faux pas, which has left a sentiment of confusion surrounding Avanti, detailed how, little over one month after the launch of its first satellite, the company's Chairman was disposing of sha res in the company. In retrospect, although understandable due to the settlement of tax implications in regards to non approved share options (implying a 62% tax rate), the company's management could have timed the sale better. Prior to the announcement the share price was beginning to motor, seeing it reach a high of 763.5p, but now rests around 636p. We however, look past this incident, and fundamentally the underlying factors depicting why Avanti is still a solid holding within your Fund remain strong.

Following the launch an array of news was released to the Market. Most notably, a contract with BT for Broadband provision to Cornwall, worth £1.2 million, announced on 30 November 2010, and a much larger 5 year contract with TigrisNet, announced on 1 December 2010, worth $15.5 million. Most interestingly, the latter is for service provision across both HYLAS 1 and 2. This highlights customer appetite for forward subscription to future services due to the confidence gained through the successful launch of the first satellite.

As of now the current focus, as illustrated on 15 December 2010, is to further the progress in regards to the provision of broadband service from the HYLAS 1 satellite, which is comfortably within its geostationary orbit. The company is currently within its 'pre-service' period, and has confirmed that all systems are working as expected. The satellite is also due to have a longer useful life span than initially expected, due to an efficiently conducted launch process. The current 'pre-service' period is due to transition into full service operations towards the end of calendar Q1 2011. Until that point the company is focused upon filling the Broadband capacity onboard. It is initially expected to take 3 years to fully subscribe HYLAS 1, and five for HYLAS 2. We reckon however, that initiatives such as the useless Coalition Government's £830 million project to provide the UK with the EU's best internet network by 2015, will see this timescale easi ly beaten.

So despite the aforementioned slip up, which has stalled the company's valuation for the time being, we are confident looking forward into 2011. With the completion of the pre service period and the move into full service provision we expect the company will begin to be re-rated. We are content that the company's financial position has become increasingly robust having raised £70 million, and with HYLAS 2 fully funded, no debt repayments or cash flow covenants are due until December 2012. By that time the company will have over a full year of cash generation behind it from HYLAS 1. Using a DCF valuation, the shares look very cheap at current prices, and with a long term target price, accounting for HYLAS 1, 2 and 3 cash generation, of £25, having purchased the majority of our shares at 160p, we are certainly not Sellers.

[peterpowell21] 11/1/2011 15:14

thank you yorgi for your reassurances.its easy to panic when the share price is falling and the doom and gloom merchants are gavering.good luck to the day traders but i prover to back a company and stick whith them and hopefully make a little money on the way.

[yorgi] 11/1/2011 13:59

I don't think so Peter. So very easy to be tempted to sell when the share price is falling and when one see ones profit slipping away and anyone who had sold out at around 700p + and bought back now has made the right call. Sometimes one gets it right and sometimes not ! The most important thing to concentrate on is facts about the business, the prospects, the potential, what the company is doing and how it's doing it. Also management and in this case one of the things that attracted me to AVN is David Williams his focus and determination to build AVN and I don't doubt he will do it and we can make a few bob along the way.