Avanti Communications Share Discussion Threads

[yorgi] 14/2/2011 13:59

Apparently mid price is the problem sometimes but the bid and offer is fine......Looks like Hylas1 still up there :-)

Edit

Mclellan (on XEL BB) has spoken to ADVFN this morning

[standish11] 14/2/2011 13:59

Julcester Please don't use that kind of language on Advfn

[2350220] 14/2/2011 13:58

Ta Restassured for the rapid explanations.

All the best,
John W

[yorgi] 14/2/2011 13:56

I'm guessing something to do with the LSE changes today which has shown some odd prices at times..........unless Hylas1 has just dropped on to big ben or something ;-(

[marksnsparkle] 14/2/2011 13:56

Julcester ... it hasn't just dropped through £6 :-) ... ADVFN prices are playing up today the real mid price is around £6.28

[restassured] 14/2/2011 13:55

Don't ask,just accumulate quietly on a 12 to 18 month view.The pay off will be huge.

[julcester] 14/2/2011 13:53

Why has it just dropped through £6?

[restassured] 14/2/2011 13:53

Plus the very significant last sentence....



"not including transactions which are under negotiation to support the efficient debt financing of HYLAS 3."

[marksnsparkle] 14/2/2011 13:51

2350220 ... order book of £229 million + pipeline of £389 million = £618 million

See text below from Chairman's Statement for source of the figures ...

"The demand for our services is very strong and our pipeline of opportunities continues to grow. The order book (also known as "backlog" in our industry) across the two satellites now totals £229 million with the average length of contracts being 7.2 years for HYLAS 1 and 4.3 years for HYLAS 2. The average prices per MHz per month are materially ahead of expectations. The pipeline of potential new business in negotiation amounts to £389m, not including transactions which are under negotiation to support the efficient debt financing of HYLAS 3." ...

[restassured] 14/2/2011 13:49

Voila!

It is set to be all systems go on Hylas 1 from march.

One day soon the market will wake up to the phenomenal order book.

[julcester] 14/2/2011 13:45

The future contract pipeline is equivalent to over 70% of AVN's current share price

Pipeline of transactions in negotiation for HYLAS 1 and 2 worth GBP389m

[2350220] 14/2/2011 13:41

Hi Restassured,
Where does the £618m figure come from?
If that is correct, then it is phenominal IMHO.

All the best,
John

[yorgi] 14/2/2011 12:45

Yes, all looking good and share price is slowly reflecting this today we should hopefully continue the climb now, one thing for sure looking better than it has for several days.

Malcolmmm, as you say quality will out in the end.

[restassured] 14/2/2011 11:27

Avanti have £618,000,000 in current and future contracts in the pipeline.

This is going to be huge.

Commenting on the results, John Brackenbury, CBE, Chairman said:

"Our opportunity is not specific to one product or market, but more generally to the global growth in demand for data. The proliferation of new internet applications, particularly those which are video intensive, and new devices enabling consumers to connect to the internet are the drivers of our market. In developed markets, data demand is rising strongly and in emerging markets, vast new populations are coming to digital media for the first time. Whether it is connecting businesses, homes or government users directly, or providing wholesale network capacity for other telcos, Avanti is convinced that for a long time to come, the World's demand for data will greatly exceed the World's supply of telecoms capacity to transmit it, especially outside the biggest cities. We call this the "Data Crunch". Avanti's high throughput, high capacity satellites are in a perfect position to exploit this trend."



"I am pleased to report that we are in advanced negotiations on several significant pre-sales contracts which should enable us access efficient capital and we hope to update the market soon."

Hello!!

[bubbleandleek] 14/2/2011 11:15

EchoStar Corporation and Hughes Communications, Inc.
announced today an agreement pursuant to which EchoStar will acquire all of the outstanding equity of Hughes and its subsidiaries including its main operating subsidiary, Hughes Network Systems, LLC in a transaction valued at approximately $2 billion, including Hughes debt expected to be refinanced in connection with the transaction. EchoStar Corporation is recognized as a leader in the telecommunications industry for its innovation in satellite
solutions and technology, and its broadcasting expertise. Hughes is the global leader in broadband satellite technologies and services,and a leading provider of managed network services. The transaction will greatly enhance EchoStar's capabilities for broadband transport of video and data.

I'M JUST WORKING OUT THE MULTIPLES OF THE DEAL..... BUT FROM 1ST GLANCE THIS LOOKS POSITIVE FOR AVANTI. (HUGHES IN THE SAME SPACE!!)

[malcolmmm] 14/2/2011 11:15

Quality will out in the end, hopefully a nice steady rise to £8 from here as more contracts come in.

[backmarker] 14/2/2011 10:50

good positive statement, confirming everything on course or better than plan.

clarified that HYLAS-1 is good-to-go in March following the "secret" tests, and that HYLAS-2 has commenced build.

the numbers are probably what were expected, and good to see we still have a good cash position. presumably revenues will start to flow next month.

also good to see comment re. looking to fund on best possible terms with minimal dilution.

I expect analysts and others to update their forecasts and confirm their targets.

[yorgi] 14/2/2011 10:18

Apart from anything else prices are all over the place this morning anyway I'm not sure these big changes are working well at all.

Yes, everything on track with AVN and over the next few weeks/months we should see a better share price

[jonnyno1] 14/2/2011 10:15

Very solid set of results and no skeletons.

There is still a seller/sellers in the market keeping these back. I have noticed a number of other small caps being sold off for no apparent reason and can only assume the small cap market is being sold generally.

J.

[yorgi] 14/2/2011 08:47

All looks good then as expected :-)

[leluot2] 14/2/2011 08:05

Apart from the heavy fall in revenue - which is explained - it appears that the testing of HYLAS1 is on track and ready to start commercial services in March.

I cant see any negatives - looks like a big thumbs up!

[restassured] 14/2/2011 07:14

Very strong order book giving great visibility.

Outlook very positive citing strong demand outstripping supply.Also multiple revenue streams.


Interim Report for the 6 months ended 31/12/10

TIDMAVN

RNS Number : 1429B

Avanti Communications Group Plc

14 February 2011

Date: 14 February 2011

On behalf of: Avanti Communications Group plc ("Avanti" or "the Company")

Embargoed until: 0700hrs

Avanti Communications Group plc

Interim Report for the 6 months ended 31 December 2010

The Board of Avanti Communications Group plc (AIM: AVN), the broadband satellite operator, announces its Interim Results for the six months ended 31 December 2010.

Key Points

-- HYLAS 1 successfully launched and in geostationary orbit

-- HYLAS 2 procurement progressing to plan

-- Strong demand for Ka band capacity

-- Current order book of GBP229 million at strong average selling prices

-- Pipeline of transactions in negotiation for HYLAS 1 and 2 worth GBP389m

-- Good progress made towards efficient financing of HYLAS 3

Financial highlights

-- Revenue of GBP1.2 million (2009: GBP3.3 million)

-- Equity placing in July facilitated the repayment of the HYLAS 1 PIK bond

-- Cash balances of GBP64.9 million (June 2010: GBP34.2 million)

-- $140 million of HYLAS 2 debt drawn

Commenting on the results, John Brackenbury, CBE, Chairman said:

"Our opportunity is not specific to one product or market, but more generally to the global growth in demand for data. The proliferation of new internet applications, particularly those which are video intensive, and new devices enabling consumers to connect to the internet are the drivers of our market. In developed markets, data demand is rising strongly and in emerging markets, vast new populations are coming to digital media for the first time. Whether it is connecting businesses, homes or government users directly, or providing wholesale network capacity for other telcos, Avanti is convinced that for a long time to come, the World's demand for data will greatly exceed the World's supply of telecoms capacity to transmit it, especially outside the biggest cities. We call this the "Data Crunch". Avanti's high throughput, high capacity satellites are in a perfect position to exploit this trend."

--ENDS--

[blue forever] 13/2/2011 22:03

Well,let`s hope they`ve got more to say than that!

[yorgi] 13/2/2011 20:25

That must surely be his estimate the figures can't have been published before being released to the market. Bear in mind these results are not going to have any bearing on the future, I would not think they will show very much at all. Losses yes of course.