Avanti Communications Share Discussion Threads

[yorgi] 14/3/2011 16:53

Yes, but it does seem a very odd time to reduce if all is well. As surely the management would speak to them and keep them fully informed.

[dougie471] 14/3/2011 16:51

only equates to 3.5% of their holding. hardly a big change. may have just take a bit off the table but still a major holder and not enough of a move to suggest they know something

[yorgi] 14/3/2011 16:50

It is odd that they would reduce when the share price is down so much unless they are holding out on us on some bad news !

[blue forever] 14/3/2011 16:48

Reduced by 177,869-not the end of the world though it may feel like it today!

[colva] 14/3/2011 16:39

AEGON have reduced their holding from 6.21% to 5.99%

[yorgi] 14/3/2011 16:38

Being told to "sod off" although I imagine not in quite those words is no way to treat shareholders. In fact it is quite appalling and is it quite unacceptable. Treating shareholders with such lack of respect is going to do nothing for shareholder confidence or respect.

[derekhess] 14/3/2011 16:26

As they say, don't try to catch a falling knife.

[argy2] 14/3/2011 16:25

Posted at 3.15 already.

[tsmith2] 14/3/2011 16:08

so AEGOn have upped thir holding by ~.6%

[geheimnis2] 14/3/2011 16:07

see RNS

these guys have increased their holding since Dec 10 by about 500k shares.

not sure exactly why there is an RNS tho

[tsmith2] 14/3/2011 15:44

Agree Yourgi - company needs to get its PR act together!

[yorgi] 14/3/2011 15:36

I remain confident as well but like Greengiant I do feel the company are doing very badly on the PR and could also do more to keep their shareholders better informed.

[rwilliams57] 14/3/2011 15:33

Yes well the comment on JPJshare comes from Winnfrith. To my question about the forward P/E being around 60, he simply said I should value Avanti on DCF. And yes nobody will talk to at avanti.

It's interesting (probably a coincidence) that Avanti head office is in Rivington St. and the holding company of T1PS (winnfrith's website) is Called Rivington st. Holdings

[adorling] 14/3/2011 15:30

Reassuring link pabloiom so thanks. For an investor patience is a virtue and the real art of building wealth as the likes of Warren Buffet has proven beyond doubt. What is really sad and destroys interest in share trading from "novice and inexperienced" investors is the sort of shorting on shares such as AVN. These same short term traders will make just as much when the price reverses and they go long. Meantime many thousands of investors will be saying never again!

[greengiant] 14/3/2011 15:26

Where is the Market being whipped? The free is down 0.62%. Avanti is down 8%, kind of different in my humble opinion.

Last week I said that the company played the incorrect broker note badly, today I saw they scored an own goal. Confusion in the market has resulted in this decline and the directors were the ones to fail at clearing up that confusion.

That said, I am still hugely positive on the company.

Gg

[pabloiom] 14/3/2011 15:15

Latest comment from JPJShare.com

[pabloiom] 14/3/2011 15:15

Latest comment via JPJShare.com

[geheimnis2] 14/3/2011 14:46

anyone know what the fully loaded revenues for Hylas 1 would be?

thanks

[tsmith2] 14/3/2011 14:40

Mid Feb at the interims..

Outlook

HYLAS 1 will be brought into commercial service in March, and as a result we are finding that sales opportunities with large international telecoms companies are becoming easier to generate. We therefore remain highly confident that we can fill our satellites within the three and five year ramp up targets previously discussed, and at attractive prices.

We previously described our strategy to seek efficient ways to finance the HYLAS 3 satellite. The debt finance secured from export credit agencies for HYLAS 2 provided relatively high leverage, thus minimising equity dilution for shareholders, and also bears a comparatively low coupon of below 6%. In order to repeat this success, we decided to seek pre sales contracts from customers on the HYLAS 3 satellite, which can then be used to finance the satellite in the debt market, protecting shareholders interest. Such financings are time consuming and complex, but well suited to a business like Avanti which has very long term assets and aspirations. 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.