Avanti Communications Share Discussion Threads

[blue forever] 14/5/2012 07:26

Wish they would stop putting good news out,I was enjoying the rise!

[yorgi] 14/5/2012 07:11

Great RNS all is well the doubters shown to have been quite simply wrong.

[restassured] 14/5/2012 07:03

Looking good Houston......


Avanti Communications Group Plc

14 May 2012

Interim Management Statement



London - 14 May 2012. Avanti Communications Group plc (AIM: AVN, "Avanti" or "the Group"), the satellite operator, issues an Interim Management Statement covering trading for the four month period to 30 April 2012.

Avanti's revenue is in line with house broker estimates for the financial year to 30 June 2012.

The Group has added £42.3m of Backlog. Backlog increased to £213m from the £181m reported at 31 December 2011. The Pipeline of potential sales stands at £529m (excluding £170m options on HYLAS 2).


HYLAS 2 successfully completed one of its last key technical milestones, thermal vacuum testing, during the period and remains on target for a launch in the 30-day window from 30 June 2012. The satellite will extend Avanti's coverage to Africa, Caucasia and the Middle East.



David Williams, Chief Executive, commented:



"Our products are selling well in the higher value-added application markets in Europe, and demand for the imminent HYLAS 2 satellite is very high. With HYLAS 3 included, 80% of our capacity will serve emerging markets which offer high growth potential.



"Momentum in Backlog growth is building as we approach HYLAS 2's launch and in the last six months we have secured new monthly orders in line with our targets to fill HYLAS 1 by April 2014 and HYLAS 2 by September 2016."



---ENDS---

[thescoop] 13/5/2012 21:32

Nice one, rogk.

From the link you've supplied, we can see the number of shares on loan for the latest 4 months are as follows:

January: 3788226.13 (4.63%)
February: 3261106.66 (3.70%)
March: 3720367.22 (3.43%)
April: 4214773.42 (3.88%)

Some pretty substantial numbers!

[gorvachof] 13/5/2012 09:36

Hello all,

Is their any agreement on the figures suggested by managment at the recent Master Investors Event for current Hylas 1 capacity fill. I have read differing posts and wonder if anyone can add anything or confirm either.
Thanks in advance.

[colva] 13/5/2012 09:14

Hi Rogk,

I don't follow the shares on loan numbers so i can't comment but i would find it very difficult to believe that any long term shorter who had an open position in AVN at the 240/250 area would still hold that position today , the share price hit a high of over 370p last week , staying short from 240p to 370p with the launch a few weeks away would be plain stupid , there has been a lot of colourful language used to describe the shorters but stupid they ain't .

I'd be interested to see if there's any correlation between stock on loan and the direction of the share price , do you have a chart, preferably one that goes back a few years so we can see the rise and fall ?

[colva] 13/5/2012 07:16

I don't think there's any need to discuss the shorters, day traders will be trying to make a few quid (both long and short) on the volatility at the moment but the long term short positions from last year are history .
The most interesting bit of share price action (for me ) last week was wednesday's intraday spike down to touch and bounce off the 200 dma at 288p, if everything goes to plan then the 200 day should start to turn up and we have the prospect of a 50/200 golden cross in the next few weeks which would be very bullish.

[count chris] 11/5/2012 22:37

Got to agree with thescoop. No matter what your view it would be crazy to be short in the run up to launch

[undertaker] 11/5/2012 17:51

"gotta be in it to win it!"

[thescoop] 11/5/2012 17:27

With such little time left until a launch-window, Anyone short on this stock know now that they'll have to exit their positions come early next week. The problem for them is the dire illiquidity of this stock, which will (for once!) help the share price surge northwards over the next 5 weeks.
Glad to be in.
-scoop.

[restassured] 11/5/2012 16:46

"Don't fight the tape."

Good weekend all.

[yorgi] 11/5/2012 16:29

Another respectable day with the trend still up :-) What is it let the trend be your friend :-)

[jeffian] 11/5/2012 15:32

Yes, but please no pictures this time. That crushed biscuit tin nearly rattled me last time!

[restassured] 11/5/2012 15:15

Date: 6 February 2012

-- HYLAS 2 on track for delivery in June 2012. One month launch window opens 30(th) June





If last year is anything to go by,the next announcement will be a schedule confirmation and the arrival of Hylas 2 at the launch site?

[verymaryhinge] 11/5/2012 14:57

Prudentials 20% holding and the fact that it's hard to borrow has focussed the shorts I think..

[jeffian] 11/5/2012 14:55

The imminent launch of Hylas2? Look at the graph above and see if you can guess the launch date of Hylas1 from it!

8-)

[restassured] 11/5/2012 14:54

They were in the city meeting instis, a week or two ago.I think that was what stimulated some interest.

[cockneyrebel] 11/5/2012 14:20

Have Small Co Sharewatch ever tipped these?

Sort of pocket rocket that they like to tip on a low - might be what has stimulated the recent buying possibly if they are tipping it tomorrow in their latest issue. They can dertainly move a stock like this imo.

Pure guess on my part but something has rapidly changed sentiment here very recently imo.

imo/dyor etc.

CR

[2350220] 11/5/2012 08:47

Talking of 440p, it was almost exactly a year ago when it last visited that level.
It would be very nice to get back to that CR.

All the best,
John

[cockneyrebel] 11/5/2012 08:42

great bowl on the chart still - when these break out the next chart resistance is 440p imo.

CR

[thescoop] 11/5/2012 08:38

This share looks ready to rocket .. Have bought in this morning in anticipation of it officially breaking-out of the downward trend.
GLA.