Avanti Communications Share Discussion Threads

[jadeticl3] 16/9/2015 11:30

I think "fill within 5 years" was the expectation when I bought.

The current 20-25% sounds dreadful, and presented as an achievement! Not surprising that the share price has suffered. However, we are where we are, and if good progress can be made from here I will be satisfied. I know management never wish to talk down their achievements, but it means this management is hard to believe.

[jeffian] 16/9/2015 10:30

"Year end fleet utilisation up to the 20% to 25% band (2014: 10% to 15%)"

Hmmmmmm. Not sure that was in the original projections. I thought they were planning to fill 'em within around 3 years of launch? Still, lets hope sales have some traction now.

[buywell3] 16/9/2015 09:11

Debt rocketing upwards

From results

'Gross debt was $528.4m (2014: $517.0m) and net debt was $406.2m (2014: $321.7m)'

[estienne] 16/9/2015 08:26

Q4 2014 up from $ 16.7m to $36.3m or 117%.

[gekks] 16/9/2015 08:24

Starting to come together now , interesting about the bandwith they've leased from elsewhere.

[estienne] 16/9/2015 08:23

Revenue up 29.9% to $85.2m (2014: $65.6m)
-- Continuing business constant currency revenue up 50.4%
-- Net cash at year end $122.2m (2014: $195.3m) with a pro forma cash balance of $248.5m

[jeffian] 14/9/2015 09:06

WEDNESDAY SEPTEMBER 16
It has always been jam tomorrow for investors in Avanti, the satellite broadband operator, as the company has made some optimistic predictions it hasn’t been able to meet.
There have been signs recently that the company’s big, expensive, long-term bet that there will be big demand for broadband via space – from Africa and other areas that may never get fibre-optic networks on the ground – could eventually pay off. Virgin Group and Qualcomm’s recently unveiled OneWeb initiative is aiming to achieve much the same as Avanti, for instance.
When the company reports full year results, patient shareholders will nevertheless be looking for some signs of progress. Avanti gave cause for hope in June with a trading update that indicated it at least expected to meet forecasts this time. Profit at pre-tax level remains at least two years away, according to analysts.

[wilksey1] 09/9/2015 07:30

more news today

[wilksey1] 07/9/2015 08:17

some more news today

[sg31] 02/9/2015 21:45

My mistake, I missed that.

[jeffian] 02/9/2015 20:20

Not me. I was quoting from #1648 above.

[sg31] 02/9/2015 11:41

Jeffian, can you post a link to the Cenkos note, please. I've been away for a few days and I've lost the plot.

[wilksey1] 02/9/2015 08:18

seems they have picked up another contract

[jeffian] 02/9/2015 00:51

"Cenkos expect revenue of $120m for 2016, an increase of 50%."

It would need to continue to grow at that rate. Looking at the 2014 figures, they would need revenues around $188m just to break even at the cash level (i.e. excluding depreciation cost of the sats) and interest costs are rising all the time, so somewhat higher than that now. At that rate of growth, they wouldn't be at cash breakeven until 2017/18 and not truly profitable beyond that.....by which time they've got more sats, more debt to service and more depreciation. Hmmmm.

[yupawiese2010] 01/9/2015 18:18

Small background article regarding Avanti & Africa if one has an odd 5 minutes.

[aishah] 01/9/2015 11:53

Techinvest reviewed the Hylas 4 financing in latest issue. Cenkos expect revenue of $120m for 2016, an increase of 50%. They reckon AVN are taking market share from Ku band operators.

"Demand for satellite broadband is ramping up globally. Continue to buy."

[cervin1] 01/9/2015 11:33

Is it to much to ask, that you could post in a manner that people can comprehend !.

[arlington chetwynd talbot] 31/8/2015 14:08

Told this te buy Wilson, bought Pedro meself. 7 all?

[nugacity] 31/8/2015 13:32

Chris, the start and end of day variations is awful for new investors. When I started trading I was elated and depressed by these false leaps and drops.

btw Jarvis portfolio still shows us at £2.75

[chriscallen] 29/8/2015 08:06

The problem transactions are:
16:49 - 28/08 Buy 9596 222.45p £21,345.92
16:38 - 28/08 Sell 4972 241.77p £12,021.00
16:35 - 28/08 Sell 23997 241.75p £58,012.75 Closing auction

The first looks odd but presumably if somebody is prepared to buy or sell at that price that's simply the market.

But it doesn't explain how within 11mins a price fluctuation of over 19p can occur when the market is closed. Personally I think its hard not to conclude that the earlier transactions are for whatever reason not a genuine reflection of the market and the last transaction reflects the underlying reality on a day when there was no news on AVN at all.

[jeffian] 28/8/2015 22:59

My HL accounts all showing 241.75

[nugacity] 28/8/2015 18:15

Brokers are taking a long time to decide on the current price.

TDW show £2.08 in my portfolio but £2.41 as the closing price - whilst Jarvis show my portfolio @ £2.75 per share. Never understood what goes on at close of trading, but this looks so extreme?

(19:12) TDW have finally settled on £2.41 at last in my portfolio - roll on 2.75 !

[weatherman] 28/8/2015 18:05

I notice that Inmarsat are getting into Ka band through some big satellites. I think it shows just how cheap AVN is.