Avanti Communications Share Discussion Threads

[yorgi] 14/7/2014 10:14

Competition confirms there is a demand and AVN are ahead of them.

[terryebby] 14/7/2014 10:03

"The performance is better than expected" How is that consistent with Space news report that the first 4 o3b satellites failed in orbit and an insurance claim of $321m has been made ? " The issue prompted the company to file a claim with its insurance underwriters for about $240 million; a separate claim for another $81 million was filed more recently. Both are still being reviewed by the underwriters. "

Search "O3b Satellite Issue? " on Youtube for a different view

Only someone paid by SES or a shorter would write that o3b will "kill" AVN

[buywell2] 14/7/2014 09:56

Any of you lot looked at how USA SAT companies have faired of a similar size to this ?

[sg31] 14/7/2014 09:51

Competitors coming into the market is a good thing in many ways. It proves there is a need for the service. When someone started the first telephone service it wasn't long before they had competitors. There are lots of telephone companies, some survive, some get taken over, some fall by the way side.

Avanti are still an early mover in KA band services.

[someuwin] 14/7/2014 09:14

Backed by Google amongst others, O3b will be what kills AVN imo...

O3b Completes Second Launch, Readies four More Satellites

By Caleb Henry | July 11, 2014 | Europe, Feature, Launch, Regional, Satellite TODAY News Feed

O3b Networks, the company dedicated to reaching "the other three billion" with high-speed satellite connectivity, yesterday completed the launch of its second batch of four Ka-band satellites. An Arianespace Soyuz rocket carried the spacecraft into Medium Earth Orbit (MEO) at an altitude of 8,062 kilometers, or roughly 5,010 miles, releasing the satellites in two phases using a dispenser system. The completion of O3b's second launch has made the company a global commercial service operator.

"This launch in many respects is the launch that kicks all of that off because it is the launch that allows us to fully launch commercial service," Steve Collar, CEO of O3b told Via Satellite. "We have actually seen O3b deployed, and what we have learned from that is the performance is even better than we expected it to be ... and that is even with just four satellites in the network. Now as we go to eight we double our constellation. The important thing about moving to eight satellites is now we can provide those services on a global basis."

O3b is primarily focused on emerging markets around the equator. The new satellites expand the company's reach across Asia, Africa, South America, Australia and the Middle East. Most important for O3b is serving the telecommunications vertical. Over the past few months O3b signed contracts with FSM Telecom, Timor Telecom and Norfolk Telecom.

In addition to serving telcos, O3b is also looking to play a big role in the maritime and energy sectors. Collar said Royal Caribbean, one of the company's early customers, will be connecting passengers on the Oasis of the Seas cruise ship during the fourth quarter this year. The Oasis of the Seas can carry as many as 8,000 passengers. Government agencies, for both civil and defense programs, are also a target market.

Collar said the next launch for O3b is planned for early next year. While reaching eight satellites was a milestone, Thales Alenia Space has been working hard building the next four, bringing the initial constellation up to 12. Thales Alenia Space is the prime contractor for O3b's first 12 satellites, of which the first four were launched in June 2013 on a previous Soyuz mission. But having 12 satellites in orbit means no slow-down in O3b's pace. Collar said the company will be actively working on more satellites in the near future.

"A year from now we'll have all 12 satellites up and operational, and we will also have more satellites under construction. We will have our second generation of satellites already under manufacturing within a year, and within two years we'll be close to having the first of a new generation of satellites," he said.

The size of O3b's ultimate constellation has not been decided, but scalability was a key feature for design. Collar said the MEO constellation could be expanded to several times the initial fleet.

"Our ambition is that we will grow it very quickly. We can grow to more than 100 satellites, but we have 12 under construction or in orbit ... we can launch more than 100 satellites into the same orbit, and that will increase the amount of capacity, increase the number of beams, and increase our scale. That is very much the next step for O3b," he said.

Collar added that the satellites are being placed in a low but stable medium Earth orbit, and that the expected lifespan of each satellite could rival that of a typical geostationary satellite. Each is planned for a 10-year life, but has enough fuel to last 150 years. Collar said it would be no surprise for them to last 15 years before O3b has to think about de-orbiting. The big desire for O3b is to deliver low-cost service with a reduction in latency that makes satellite the top choice for connectivity, and bringing that connectivity to the world. However many satellites O3b chooses to build, that number will be in-line with delivering on this goal.

"We [O3b] tend to talk in terms of gigabits and hundreds of megabytes, and satellites traditionally talk about kilobytes or a few tens of megabytes. We are kind of an order of magnitude higher in terms of the bandwidth we can provide and that makes us much, much more viable in terms of providing equivalent services to fiber. It's fiber-like performance delivered over satellite," said Collar.

[yorgi] 11/7/2014 09:38

Indeed John, but what is even more remarkable is some still follow his every word and are even daft enough to pay him to read such words.

[jojaken] 11/7/2014 07:39

Always be wary of Tripadvisor pages full of people who have made very few reviews. Clearly this review page has been hijacked by someone with malicious intent. Won't be you terryebby by any chance?

Although the fact that TW advertises his restaurant on the same blog as his Tips/shorting activities means I must agree that it really does show a lack of business acumen!

[cammy3] 10/7/2014 18:54

The actual quantum of cash spent by the various Directors is significant which I would take great comfort from

[wilksey11] 10/7/2014 16:04

bought some more this morning to average down but i was a bit hasty if i waited another 15 mins could have pick them up at 206 instead 231 bit gutted my trade still has not been shown 13996 so that got to be added to the buy trades

[yorgi] 10/7/2014 15:54

In positive territory compared to the start today at least Wilksey :-)

[wilksey11] 10/7/2014 15:51

hiya yorgs it would,nt surprise me if this was back at 240 tonight well over sold

[yorgi] 10/7/2014 15:34

Buyers seem to think think this has been oversold by the look of it now.

[yorgi] 10/7/2014 12:06

I'm sure that has had a bearing on it Megabear but as you comment "for some unknown reason". I have not totted up the total directors buys but I'm quite sure they would not be buying if they thought the company was failing there would be no point them buying will not save the company it is whether the business plan is viable or not.

[megabear] 10/7/2014 12:01

Yorgi - I'm not so sure it is shorters in the main this time around. Caledonia are on the board and they sold 2.2 million shares recently. That in comparison to a few thousand shares bought by other directors. I think Caledonia are still selling for some unknown reason.

[yorgi] 10/7/2014 11:26

It's a case of whether one believes what the company BOD tells us and believes the contract wins are profitable or believe the doubters and shorters.

Would directors be using so much of their own cash to continue buying shares if they didn't see the business plan as viable and that AVN would continue to grow into a very profitable and valuable company. I know who I believe.

[sidam] 10/7/2014 09:58

I have not posted on this thread for some time, but here are my thoughts.

The company consider that the June 13 announcement included a trading statement and you can make such a statement before the year end and especially in this kind of business which is contract driven.

But let us look ay some numbers. Revenues millions H1 $25, Q3 $14 ($39 YTD), consensus for year is over $64 but say actual is $64, that is $25 for Q4 or $100m annualised. EBITA $m H1 plus 1, Q3 minus 3 (YTD -2), But Q4 revenues should increase by $11m over Q3 and almost all should flow through, therefore Group should be EBITDA positive for year and possibly annualised EBITDA of $40m.

And revenue growth is accelerating.

Also from statement HYLAS 4 will almost double capacity. So that is a very big satellite.

In my view, this price is stupid and I have just increased my holding.

[jojaken] 10/7/2014 09:33

Wilksey 13/6/2014 was a statement relating to the bond issue and was before the year end on June 30 so was not and could not be the trading update for the full year.

The last I will post on this. It is only adds to idle speculation.

[wilksey11] 10/7/2014 09:29

and yes it would have been in the share holders interest if they came out and said they know of no reason why the share has moved and got to be honest i,m sitting on the edge of my seat did make another purchase but to early paid 231 and that was 13996 and that trade not showing at the mo

[wilksey11] 10/7/2014 09:23

i think it was the 13th june they released an announcement and in that they said
Avanti confirms that trading for the Full Year to June 30th 2014 is in line with expectations.

[jojaken] 10/7/2014 09:11

There was a year-end trading statement on 10/7/13 and then the final results on 10/9/13.

Admittedly Avanti gave notice of the statement on 28/6/13 so there was certainty last time. However, they haven't given notice since Janauary 2014 of any statements.

They did promise at the time of the Interim results in January however, Avanti would give 'quarterly trading updates'. That is now pending, but again no date has been given.

However, now with this price movement, Avanti would be silly to just quietly ignore what's going on.

To be honest, this morning would have been an excellent time to have issued a statement. I'm disappointed they haven't.

[buywell2] 10/7/2014 08:52

Over ramped this has been

Over priced and over hyped also

The piper picked up his instrument he has and the tune is now to play