Avanti Communications Share Discussion Threads

[wilksey1] 09/11/2012 15:07

in case no ones seen this as well

[jeffian] 09/11/2012 14:54

"Now it's down to us to do our bit."

Indeed it is, David, indeed it is.

[wilksey1] 09/11/2012 14:17

link to some news,,

[count chris] 08/11/2012 22:29

I think the problem with lack of comms is that the PI feels 'no news is bad news' and that if the company was hitting targets it would be shouting about it therefore things must be going wrong. When we all know how quickly, easily and cheaply information can be disseminated electronically we start to feel like we are being poorly tret and deliberately kept in the dark. This is not a comment of Avanti but companies in general. SRT do webcasts that PIs on here love and SNRP are currently releasing a series of video interviews to similar acclaim. I think it's the future but dread the day a CEO (like a political party leader) is judged as much for his looks, voice and ability infront of the camera as his skills as a leader. Back on topic I wish AVN would communicate some revenue figures.

[rimmy2000] 08/11/2012 16:24

Yup, think we are arguing a similar point. I agree lack of trust and to have that restored they need to deliver. However, I, for one, lost faith largely due to being kept in the dark all the time. Prefer mgmt to be more transparent and open.

[jeffian] 08/11/2012 16:05

I'm sure it's true as a general point, rimmy, and good communications must always be a good thing but in this case I don't think that is the problem. After the last results, I asked my broker why the market was so 'down' on AVN and he replied "the market doesn't trust this management". That means they can 'communicate' all they want, but the market won't believe them until they see the money in the bank.

[dunluce] 08/11/2012 16:00

sg31 - is this what you are looking for - taken from company website...

AVANTI COMMUNICATIONS GROUP PLC
Share information as at 31 July 2012
Shares held
% of Total
shares
issued
1 M & G Investment Management Limited 21,790,683 19.50%
2 Caledonia Investments plc 15,347,000 13.73%
3 The Capital Group Companies, Inc. 6,942,112 6.21%
4 Government of Singapore Investment Corporation Pte Ltd 6,902,240 6.18%
5 Legal & General Investment Management Limited 3,949,939 3.54%
6 Directors' Holdings 3,906,150 3.50%
7 Employee Benefit Trust 3,825,655 3.42%
8 Barclays, Plc. 3,483,295 3.12%
9 FOUR Capital Partners Limited 3,395,519 3.04%
69,542,593 62.24%
Shares not in public hands 7,731,805 6.92%
Total shares in issue 111,736,849
Ordinary shares

c.34 - 35 million shares held by PIs or c. 31% of shares

[sg31] 08/11/2012 15:49

I wonder how much of the float is in the hands of private investors.

[rimmy2000] 08/11/2012 15:36

you can argue that but comms is hugely important in gaining trust, credibility and a following/momentum. Look at the recent US elections and the campaign budgets ($5bn+) to get their message across. Now consider if comms is so trivial..?

I agree no point in empty comms but just reassurance that the company is engaging is hugely important Jeffian, and this is where AVN seem to fail.

[jeffian] 08/11/2012 15:30

I don't agree. The only thing that will drive the share price forward sustainably is to focus on sales and creating the cashflow and profits. 'Communications' is just window-dressing and has no real effect on the share price other than in the very short term. In a small company, I'd rather all the focus was on delivering forecast sales than having staff wasting time on 'spin' in the social media. The price that the company is paying now is for a blatant missed profit forecast and the more they 'communicate' the less the market believes them until they show us the money.

[rimmy2000] 08/11/2012 15:06

in my opinion the BoD are shooting themselves in the foot with their poor interaction with PIs. Look at QPP for example, regular twitter updates and good relationship with PIs. If AVN BoD see comms as below them, then they must realise their company is paying the price right now..

[wilksey1] 08/11/2012 08:21

i see its ennismore fund management ltd has a 1.65% short dont you just hate them

[divinausa1] 05/11/2012 06:51

rathlindri
30 Oct'12 - 10:36 - 11190 of 11227

connorarmstrong, I know how you feel. I did the same last friday and sold out, taking a loss of 40% on the chin. At least I don't have to cringe at more losses as I would have been doing yesterday and today....a sad end to my/our "investment" in Avanti. I had high hopes at one time. The share price seems to be in a downward spiral and no news from the bod to stop the fall. A great pity.
---------------

catching up on some old posts here, odd reaction to directors big buys

[djmozy2] 05/11/2012 04:39

Avanti has setup shop in Kenya and South Africa

[thewoozle] 03/11/2012 20:16

The point of EXIm is that the lawyers will - hopefully - have done extensive due diligence and verification.
tW

[sg31] 03/11/2012 15:21

TW,I was also an early investor. Once the Satellite opportunity came to light I was unconcerned by the fate of the rump screen media company. Nice if it had been successful but it never had the potential of AVN.

[thewoozle] 03/11/2012 15:11

Sg21, as an investor in the early business and what is left of it, it was also left with unprofitable top line. The satellite business was opportunistic and could prove to be the opportunity of lifetime. And before I get a slated as a bear raider, I bought 22,000 last week as I believe that businesses like these don't trade at 50% of net assets for long: either it's going bust or, if not and this is my bet, the shares will be worth a multiple or two from current levels.

Interesting to see that Luxembourg authorities are contesting the positions of H2 beams. This tells that the beams are very valuable. Moreover, it would be inconceivable to me that AVN would have been able to raise the EXIM to finance this satellite without fully documented and entirely legitimate licenses.

tW

[sg31] 03/11/2012 09:55

The screen media business collapsed after AVN was floated off. It was left under funded and without the drive provided by Williams. The intention was always to concentrate on satellite and screenmedia was a means to an end in developing it.

[extrader] 03/11/2012 03:20

Hi thewoozle,

For someone asleep at the back of the class, could you briefly elaborate on what you meant by Williams perhaps doing with AVN " what he did to the ScreenMedia business" ?

AIUI, use of 'allegedly', 'reportedly' , 'some might say that....I couldn't possibly comment' etc, allows the writer some freedom of manoeuvre in what he writes....

ATB

[thewoozle] 02/11/2012 20:25

The short argument looks overdone to me. At 50% of net assets you have to be betting the company goes bust from here and that there is no need for satellite broadband, which looks unlikely in the emerging markets where terrestrial and wireless are quite limited.

My only concern is that the contracts are not being struck at fully economic rates or with dodgy companies who don't pay their bills (they've already taken over a German client) and that Williams in his desire to show progress does what he did to the ScreenMedia business. That to me is a valid concerm but he's got time and hopefully he'll be more patient.

All that being said, this company has very valuable strategic assets that will be attractive to someone else and that the company will be bought some time.

W

[wilksey1] 02/11/2012 16:51

Fri, 02 Nov 2012 16:13:20 GMT

New trading rules introduced by Britain's finance regulator could lead to an increasingly bullish mind-set in the City.
The rule changes, which became effective today, promise to put the brakes on rampant short selling by allowing the regulator to publicly disclose short positions, fine firms for short sales that aren't settled in time and give counterparties the right to force the 'shorter' to buy stock back.
It is thought the rules could make short selling - as a purely speculative pursuit - higher risk and less attractive. Shorts covered by stock lending will however not incur the penalties.
Under these new rules, traders will have to disclose where they are short of more than 0.2% of a company's shares, and if short of more than 0.5% the trader's position will be made public.
Making short positions public knowledge could potentially leave the 'shorter' vulnerable to rival firms.
This is particularly significant in the small cap market where there are fewer participants. In some cases only a handful of brokers make a market, and institutional dealers can have a big influence.
"I think we'll see the larger institutions flexing their muscles because they can at last," said Steve Asfour, head of sales trading at Fox Davies Capital.
"If they can see that X, Y or Z broker has a big short in one of their companies, let's be honest, it's not going to be difficult for them to squeeze someone by the short and curlies and make them close their short.
"It often doesn't take a lot to move these kinds of stocks."
Asfour says the effect of the rule change can already be seen as some small cap stocks have moved strongly in recent days driven by the covering of short positions before they had to be disclosed.
"We've already seen a squeeze in some stocks, as the rules have come in, but I think the real squeeze will come at the back end of next week when trades put on now are either covered or forced to buy back."
In the longer term however he believes the ruling could have a more lasting impact as it may alter the way market makers and traders approach the market.
"A lot of people have been trading with a bit of a bear hat on, that's just the way people have had to trade, and they'll now have to tweak their stance and trade with more of a bullish hat on.
"And to be fair with where some of these small caps are, frankly on their backsides, being bullish in them could be quite profitable."
"I think, and this is just my own opinion, that we'll see quite a sea-change in the way traders approach this market.
"I don't think we're going to see so many people approaching it from the bear point of view, trying to short any stock that's up on the day."
"I think they'll have to trade smarter now and look for bull stories over the bear stories for a cha

[jennis2002] 01/11/2012 22:00

shorts now closed?

[k0108356] 01/11/2012 12:36

Volvo if AVN was 100p you'd still be in love it with it, do u never analyse your trade and realise sometimes, just sometimes, you maybe wrong?! I mean by heck, I'm wrong on many an occasion! If your here for the "long haul" (5 years +) and if this BB is still going on then we'll see where AVN is by then. If it does end up 500+ I will sure as hell turn bullish well before such a price as the TA would dictate such a turn. Oh, didn't the UK Govt back the banks just recently, the FI Oilers and sell off their Gold Reserves between 1999-2002 when Gold prices were at their lowest in 20 years? Good track record hey ;)