Avanti Communications Share Discussion Threads

[rathlindri] 29/2/2012 09:45

Thank you Blackberry. Very useful info

[2vdm] 29/2/2012 09:14

I agree nightspot and have topped up again. Exciting few months ahead.

[colva] 29/2/2012 09:13

Blackberry , thanks for that .

[nightspot] 29/2/2012 09:09

I too have spoken with SW. Very much the same points noted by Blackberry above so I won't repeat everything. As far as they are concerned, this talk of missed slots is simply a non-story. If there had been an issue, they would have been obliged to issue an rns. They are aware of the chatter on these bulletin boards but consider they cannot issue an rns each time a false story develops.
I got the impression that they felt it was the hand of competitors that was behind this latest story. I was impressed with their apparent sincerity and willingness to discuss the matter.
Gave me the confidence to top up again this morning at these sale prices. I don't think we'll be down here very much longer.

[cancun tango] 29/2/2012 08:47

Thanks BlackberryDrop. Have topped up this am.

[yorgi] 29/2/2012 08:47

Well done Blackberry for making the effort and posting helping put those worried minds at rest :-)

[blackberrydrop] 29/2/2012 08:43

Re: this orbital slot stuff on here.

I've a fair bit of cash tied up in Avanti so decided to do something I haven't done before - call them.

I spoke with the IR guy and he said that the article people are going on about is simply untrue.

They are perfectly happy with their access to orbital slots for HYLAS 2 and beyond and have a number of orbital locations which don't time out for 4 plus years. He pointed out that there is a clear re-buttal from him in the article and that everyone else in the article is unidentified (my view – if someone was certain, rather than just spreading rumour and doubt, why wouldn't they stand up and been seen?).

He said they don't formally respond to every bit of market gossip and that's why there's no announcement – otherwise, if there was some gossip and they didn't put out an RNS immediately, they'd have people saying it was true!

I'll try and recall anything else and post later, but thought I should get this up.

[rogerbridge] 29/2/2012 08:25

It is not often you have the opportunity to invest at a lower price than the II's. I was listening to a piece on the radio whilst driving to the airport the other day. It was talking about the investment needed because of people using smart phones and the networks are running out of capacity.This is now in my SIPP as a long term hold.

[rogerbridge] 29/2/2012 08:25

It is not often you have the opportunity to invest at a lower price than the II's. I was listening to a piece on the radio whilst driving to the airport the other day. It was talking about the investment needed because of people using smart phones and the networks are running out of capacity.This is now in my SIPP as a long term hold.

[billytkid2] 29/2/2012 08:08

A bit more from Cenkos on valutation:

Valuation
This section endeavours to show that on a variety of metrics AVN is undervalued. The investment in the asset base, the value of its cash flows and the value of its orbital slots is not reflected in the current share price.
NPV Valuation
 Using the revised forecasts below the NPV of the future cash flows equates to £12.60 per share. This is over 4.8x today's share price. 10% discount rate used – industry experts use 8.5%. At this discount rate the NPV is £15.30 per share.
 We have ascribed zero growth to the terminal value used in the calculation and not taken into account the potential value of launching further satellites into Avanti's three orbital slots.
NAV Methodology
 At today's price the market cap of Avanti less the £75m raised is £215m. The actual cost of the satellites is c£415m (£135m for Hylas 1 and £280m for Hylas 2) less c£205m of debt associated gives a value of £210m or 250p/share. The Net Asset Value position at the interim date supports this view.
 The market is currently only ascribing £5m of value to the fact that Avanti has a satellite in orbit and a launch slot secured for the other on the world's most reliable launcher. This opportunity to purchase a satellite at c40% lower cost than Hylas 2 only adds to shareholder value.
Peer group ratings
 Peers such as SES and Eutelsat trade on c13-15x Yr1 earnings at maturity. HYLAS 3 due to be full in by 2020 with AVN producing over 180p of earnings. By this time we would expect the shares to be well over £20.
Intangible value of orbital slots all upside
 Current market cap ascribes no value to AVN's three orbital slots. Recent auctions of four Brazilian orbital slots generated $159m – with $91m of this for 44 West.
 Management believe that each of its slots are at least as valuable as 44 West.

[volvo] 29/2/2012 08:07

Thanks ed.

House broker steps in with a 400% upside BUY note.........probably now as the selling is finishing.

Topped up with £30k for the SIPP yesterday for 255p........come on lets get rolling.

[edcrane] 29/2/2012 07:57

Broker research from Cenkos

Avanti Communications – Capital raise
AVN.L, Price 260p, Market Cap £290m, BUY
Avanti has raised £75m at 280p to equity fund HYLAS 3. This 4GHz satellite payload will be hosted on a ESA satellite bus which reduces its relative cost by c40% when compared to HYLAS 2. Its beams will be fully steerable giving the company flexibility in its coverage to realise the best pricing conditions. Post HYLAS 3, Avanti will have over 15GHz of capacity with 80% focused on the emerging markets of Africa, the Middle East and Asia. Telecoms infrastructure in these regions is relatively primitive and not able to handle the growing enterprise sector and burgeoning middle class of its 2.7bn population. Avanti is perfectly placed to provide these territories with broadband, corporate services, disaster recovery and cellular backhaul. The NPV of future cash flows indicates a share price of c£12.60, well above today's value. BUY.

[jeffian] 29/2/2012 00:12

The other side of that coin, 1976YOL, is that if you haven't seen it on RNS, then it's all bosh. Free bulletin boards are all very well for chat and banter but not necessarily a reliable source of information!

[1976yol] 28/2/2012 20:30

The slot development needed a RNS.

There are rules about what they should report and this should have been.

maybe the LSE should have a word.

[blue forever] 28/2/2012 20:12

rathlindri-didn`t you read the small print? Shares can go down as well as up!

[rathlindri] 28/2/2012 19:24

I bought in here on 4th January at 307.5. This is now the worst performing share in my portfolio at almost 20% down.

I'm holding on and hoping....it can't get much lower....can it??

[yorgi] 28/2/2012 18:16

I added late this afternoon so will be more than happy if this is the bottom !

[backmarker] 28/2/2012 16:49

at least the other two dips to these levels were shortlived. let's hope this one is too.

[backmarker] 28/2/2012 16:48

one would like to think so !

[peterwaller395] 28/2/2012 16:05

Couldn't agree more but surely 250p is a bottom?

[backmarker] 28/2/2012 16:00

is it the case that AVN is losing slots ? I thought it had a dozen or so. didn't realise that they could lose them if not used. perhaps it doesn't matter too much if they lose one or two.

but I cannot believe they would be proceeding with HYLAS-2 unless they had a definite slot they could use, and similarly with HYLAS-3. if that were not the case the BoD would be in serious trouble.

[blackberrydrop] 28/2/2012 15:56

Just received the following from a google alert:

More positive news and another hardware seller getting ready to push Avanti's capacity - this time in satellite news gathering, military, emergency services and cellular backhaul.

Sounds promising and shows the product works.






C-COM Completes Successful Testing of Ka-band Mobile Antenna with Avanti Communications


OTTAWA, ONTARIO--(Marketwire - Feb. 28, 2012) - C-COM Satellite Systems Inc. (TSX VENTURE:CMI) ("C-COM" or the "Company") one of the leading global providers of mobile auto-deploying satellite antenna systems, has announced today the completion of successful testing of its iNetVu® Ka-band mobile antenna for use in association with United Kingdom based Avanti Communications' HYLAS satellites to serve the Satellite News Gathering, Cellular Backhaul, Blue Light Emergency Vehicles, Telemedicine, Homeland Security and Military markets.

The iNetVu® Ka-band mobile antenna was able to lock-on to the HYLAS 1 satellite 100% of the time over a large number of tests, and the average time to acquire and lock onto the satellite was consistently less than 3 minutes.

David Bestwick, Technical Director, said: "The iNetVu® Ka98 mobile antenna, along with its 7024 auto-acquire controller, was able to deliver in excess of 10Mbps upload and 10Mbps download rates with a cost effective 3W transceiver during the tests."

Leslie Klein, President and CEO of C-COM Satellite Systems Inc. said: "We are very pleased to be working with Avanti and excited about what the future will bring for the two companies moving forward. The speed, affordability, robustness and reliability of our motorized mobile units, in combination with the high-quality commercial service provided by Avanti and its resellers, will push the Ka-band market to the next level in the regions of Europe, the Middle East and Africa."

About C-COM Satellite Systems Inc.

C-COM Satellite Systems Inc. is a leader in the development and deployment of commercial grade mobile satellite-based technology for the delivery of two-way high-speed Internet, VoIP and Video services into vehicles. C-COM has developed a unique proprietary Mobile auto-deploying (iNetVu®) antenna that allows the delivery of high-speed satellite based Internet services into vehicles while stationary virtually anywhere where one can drive. The iNetVu® Mobile antennas have also been adapted to be airline checkable and easily transportable. The company's satellite-based products and services deliver high-quality, cost-effective solutions for both fixed and mobile applications throughout the world. More information is available at: www.c-comsat.com

iNetVu® is a registered trademark of C-COM Satellite Systems Inc.

About Avanti Communications.

Avanti sells satellite data communications services to telecoms companies which use them to supply residential, enterprise and institutional users.

Avanti's first satellite called HYLAS 1, launched on November 26th 2010 and is the first superfast broadband satellite launched in Europe.

Avanti's second satellite, called HYLAS 2, is on target for launch in Q2 2012. It will extend Avanti's coverage to Africa and the Middle East.

Avanti's third satellite HYLAS 3, to be launched in partnership with ESA in 2015, will provide further capacity in the EMEA region.

80% of Avanti's fleet capacity will address the Emerging telecommunications markets of Africa and the Middle East.

More information is available at: www.avantiplc.com

[lazyj] 28/2/2012 15:16

Thanks Volvo for all your posts.
It's fingers crossed for a "triple bottom" - which typically occur over a three to six month time frame.
For AVN, Oct'11 to March'12.

[k0108356] 28/2/2012 14:27

"Maybe the 250p is the base and a good place to bounce", ya pi$$ing in the wind again VOLVO? You haven't a clue u wind-up merchant, either technically give us an insight or zip up on ur poor "info"!