Avanti Communications Share Discussion Threads

[buywell2] 26/5/2012 10:12

I raised this point the other day ... it is my belief we have a descending triangle pattern in this stock as of the start of May ... the concern is that the bASE of the triangle or support has just given way yesterday



Here is what the web says, no doubt many will argue the tea leaves story ... but since using charts my success rate in stock picking/avoiding has gone up to around 70% .... it is also good at spotting entry points

Remember a chart has all the data of a company wrapped up in the share price which reflects that company data as it changes






Descending triangle

The descending triangle is the opposite of the ascending triangle in that it gives a bearish signal to chartists, suggesting that the price will trend downward upon completion of the pattern. The descending triangle is constructed with a flat support line and a downward-sloping resistance line.

Similar to the ascending triangle, this pattern is generally considered to be a continuation pattern, as it is preceded by a downward trendline. But again, it can be found in an uptrend.



Figure 3: Descending triangle

The first part of this pattern is the fall to a low that then finds a level of support, which sends the price to a high. The next move is a second test of the previous support level, which again sends the stock higher - but this time to a lower level than the previous move higher. This is repeated until the price is unable to hold the support level and falls below, resuming the downtrend.

This pattern indicates that buyers are trying to take the security higher, but continue to face resistance. After several attempts to push the stock higher, the buyers fade and the sellers overpower them, which sends the price lower.

[undertaker] 26/5/2012 10:12

could we re-test the 280 zone before bouncing again?

[juju44] 26/5/2012 09:59

have been watching to buy but i dont like the breakdown below the support region just above 300.back to waiting i think. any other chartist views on this ?

[johncsimpson] 26/5/2012 09:33

These are some of my day charts / graphs for the end of the week.





By the end of next week, I expect AVN to be closer to 280 than 300p as the histogram moves sideways and the fact that the now visible downward move from the previously posted pennant formations 'predicts' this. I also add a degree of non-chartist 'been there before' common-sense, where I do not expect new news of any real importance (could be and would be delighted to be wrong, of course, but I think not) and therefore no short term reason for any upward movement – and I haven't forgotten Hylas 2 but then you have to assume that the launch will be successful so only bad news is possible! Therefore, you have to ask yourself what is now going to drive AVN forward during the next few weeks pre-launch . . . shorted shares being bought back perhaps?

[buywell2] 26/5/2012 08:58

TTNY2004 25 May'12 - 17:53 - 1026 of 1027

buywell - do you think this will retest 4p again. Looks like according to the chart it may do? Recent high 6.5p, dropped to 5 and then up to 5.5p. If 5p goes reckon we will see 4p again. May perhaps hover a few up if that occurs. Good weekend. Enjoy all that sunshine! TTNY




This is why I am here

buywell2 26 May'12 - 08:52 - 1027 of 1027 edit


redprince , husbod and Mr Phil

Re answering the post above ..... a copy of which I append at the bottom of this post because he will change it no doubt


Remember your old mate ThisTimeNextYear , you and husbod know him , and asked him early doors on the old CRX thread for a run down on the financials
(see I am part elephant) he did his best which didn't impress me much then came back on the thread a bit later pushing Tanfield ... well he's also TINY2004 and tried to push Avanti on the NFDS thread where Mr Phil lives, he said in a somewhat oily smooth voice .....


........................................Northern Foods - a Tasty Choice! - NFDS



TTNY2004 - 07 May 2012 - 07:40:10 - 24751 of 24915
Guys - glad you are still keeping the thread going after NFDS were sold and good to see you posting your progress.

One you may like to cast your eyes over from a chart perspective that looks to have bottomed out and broken out is Avanti (AVN) which is 340p now. If it moves up then there is a gap to 430-440p levels (20% profit). Brokers all have buy notes with values of £8 to over £20. Maybe worth checking out, but please DYOR as always. I have an average entry position of 269p.

Aleman, Aviva (AV) looks good for an entry point (or place to add) this week as I think with France/Greece political events of yesterday will cause uncertainty over Europe again whichg markets hate and can see financials particularly including AV dropping down. I reckon sub £3 on the cards on Tuesday. Hoping to pick some up 290-295p.

Hope everyone is having a nice weekend despite the weather.
ThisTimeNextYear.



Being a bit protective of the olde codgers there I did a chart look at Avanti and suggested it looked like it could fall back .... which it duly did the next day much to many folk's chagrin , I also posted there yesterday as a follow up to say that 300p looked a very bad number for the share to fail at .... which it then also did

I think your olde buddy blames me for a falling market and knowing how to read charts can you have a word in his shell like please

This is what he said about me on the Avanti thread .... and remember he ramped Tanfield on the Cyprotex thread and Avanti on the NFDS thread

........................................... Avanti Communications....Broadband Satellite Company - AVN

TTNY2004 - 08 May 2012 - 19:33:42 - 8715 of 8977
buywell2 8 May'12 - 18:31 - 8713 of 8714

A ramper appeared the other day on NFDS thread pushing this pile

--------------------------------------------------------------------

Buywell - you seem to be an over opinionated individual! I from time to time look at the NFDS thread. If you care to look back you will find that years ago I used to hold NFDS and have posted there from time to time. Everything you say is gospel of course. All I was saying was I think this was looking an interesting play and highlighting it to a few regulars there such as Aleman. In my opinion the regulars there are more than capable of doing their own research. In my post I was also commenting on Aviva as well if you remember correctly.The way you come across it is as though I have spammed all the threads - this was not the case at all and left a post there. Get a grip of yourself man. Your comments are pathetic!


For what is worth there will always be dip backs on such strong rises, but still live by my convictions that we will gap up to 440. Lets just watch what happens over the next few weeks / months.





Tiny/Times don't you know advfn has it all down for posterity ?

Well you do now ..... don't you

Please try getting up before 6am like me ... if you get my drift


TTNY2004 25 May'12 - 17:53 - 1026 of 1027

buywell - do you think this will retest 4p again. Looks like according to the chart it may do? Recent high 6.5p, dropped to 5 and then up to 5.5p. If 5p goes reckon we will see 4p again. May perhaps hover a few up if that occurs. Good weekend. Enjoy all that sunshine! TTNY

[yorgi] 26/5/2012 01:44

Buywell,

I was too busy to answer you seriously at the time and to be honest I'm not convinced that you are serious about AVN but if you are there is a lot of information that has been posted on the BB over the last few weeks and months as well.

Then if you read through the RNS as well between them and the BB I'm quite sure you will find your answers.

Off topic a bit, in fact a lot, went to see Brit Floyd this evening which was a great show and Bobby Harrison can play a guitar as well as some of the best I've heard.

[count chris] 25/5/2012 21:26

Been working all day but still want to throw in my 2cents re Hylas 3 discussed some posts back. If memory serves it was meant to be a copy of Hylas 2 but then suddenly the ESA deal came along and it became more like Hylas 1 - about half the size. I was horrified at first but it seems the opportunity was too good to pass up and allowed them to get 3 satellites up without further funding so I think it's probably a good thing. I also seem to remember a video talking about a new satellite roughly each year so I'm sure H4 will be on the cards if they can fill the first 3. My bet is it'll be over Africa rather than Europe assuming they have a slot.

[thescoop] 25/5/2012 17:52

Oops... time to delete my last post ;-)

[backmarker] 25/5/2012 17:28

market generally seemed to have a little panic at the end there.

[colva] 25/5/2012 16:59

From the interim report, RNS 06 Feb 2012.



HYLAS 2 is insured for $328 million.

HYLAS 2 debt $227 million , $101 million facility undrawn.
-------------------------------



By the time Hylas2 lifts off most of the $101m will have been used up.

EDIT. - how is it that someone who claims to do LOTS of research hasn't even read through the RNS's .

[buywell2] 25/5/2012 16:54

Last post for a while


This does not tell me what the cost is or give any links as to where it came from ... it might not therefore be true

If anyone knows the insurance breakdown V costs for what is currently in orbit and what is about to go into orbit please post .... with appropriate links

If adequate cover with a reputable insurance company that has cash resources is not in place ... then a high risk exists in the event of a launch failure for example

After all they do happen as we know ... if I were investing this would be my number one concern .... buy buy



colva 23 May'12 - 11:05 - 8914 of 8969


N3

Yes , fully insured to cover the cost of building ,insuring and launching a new Hylas2 ,or more likely a Hylas2-A , or maybe a Hylas4 , no probably not Hylas4 as it would more than likely be launched befor Hylas3, and that would be a bit silly.

[johncsimpson] 25/5/2012 16:38

buywell2 25 May'12 - 16:00 - 8963 of 8968

What insurance do Avanti carry re the next Hylas 2 launch ?

Try post 8914.

[johncsimpson] 25/5/2012 16:23

Oh dear . . . added 5 mins later: Look out 280 and below if we don't come back today

[buywell2] 25/5/2012 16:20

Not bad ... but I think fully comprehensive would be in order don't you

How much do Avanti have invested in Hylas 2 ?

No answer

Chartwise the red line is very important it was worth defending today



Has it been ?

Time will tell

[2350220] 25/5/2012 16:19

Yorgi Ha ha!

i just heard Michael Winner telling some old lady, "OK dear, it's only a sattellite"

[yorgi] 25/5/2012 16:17

Third party fire and theft.

[buywell2] 25/5/2012 16:11

I am trying to assertain who might be worth listening to

I do LOTS of research myself

Please can someone answer the question

[sg31] 25/5/2012 16:09

buywell...try doing a bit of research for yourself.

[buywell2] 25/5/2012 16:00

What insurance do Avanti carry re the next Hylas 2 launch ?

[yorgi] 25/5/2012 15:55

Thank goodness Hylas 2 covers a much wider area than Europe !

[yorgi] 25/5/2012 15:53

Very interesting Backmarker, I agree that we have not escaped totally unscathed but we were wise not to join in I believe. However the more the politicians and so called experts say how badly we will be affected then the more damage will be done.

I do also subscribe to the views of Germany and France working very closely to get it off the ground in the beginning.

I'm also of the view that Greece leaving will be worse off in the long run.

[johncsimpson] 25/5/2012 15:37

Good post backmarker.

[johncsimpson] 25/5/2012 15:23

300 being tested again - could be a telling last hour. There's still more than a month to the launch of Hylas 2. Plenty of time to revisit the 280 area never mind the 250 range and still be 350+ in a months time. All FWI . . .