Avanti Communications Share Discussion Threads

[elrico] 22/3/2016 14:03

Case rests' your honour!

[elrico] 22/3/2016 13:00

Is this the same IC that missed all the accounting red flags at QPP and a hoste of Chinese frauds. I sent in a complaint highlighting these issues last year before I cancelled my subscription. I bet they skirt over the debt mountain, bond price is probably not mentioned, or the history of failed company targets over several years. I'll say nothing of the fact IC must have missed the current accounting red flags. I may nip out and hunt a copy for a laugh. We now have 2 days of trades after the IC, pumped up am and retraced in the afternoon. IC subscribers will be pleased!

[accrillium] 22/3/2016 11:42

We have seen the financial oversight, errors, whatever from michaelmouse, an example of his blindspot when it comes to accounts, he avaeraged down after THIS REPORT.

Last para; "
This has debt for equity conversion written all over it. It’s not a zero (because the bondholders will want a share market where they can dump their shares after the debt for equity swap) and so I therefore generously pencil in a target price of 1p by Christmas".

Regards,

The Evil Banksta - See more at: hxxp://www.shareprophets.com/views/18530/avanti-communications-target-price-1p-by-christmas#sthash.i6dPlZKq.dpuf

[accrillium] 21/3/2016 18:46

If youre losing the debate, just make it up, nobody will notice.


michaelmouse
7 Mar'16 - 17:56 - 3716 of 3739 0 0

So traders would have guessed that the special dividend announcement was coming then? What nonsense.

Here's a challenge to you and CT. What will the share price be by the end of the week? I've no idea.

clocktower
8 Mar'16 - 08:30 - 3717 of 3739 0 0

mm - who said traders would have guessed that the 3p was coming? I must have missed any post that suggested that.

[accrillium] 21/3/2016 18:22

The michaelmouse TA school, pricelss

michaelmouse 8 Mar'16 - 12:30 - 3721 of 3739 0 0


CT - Talking of price targets, did you notice that my price target for LWRF came within a whisker of reality. I predicted a drop to 10p, and it fell to 11p. Not bad eh? Illustrates the nonsense of trading micro-caps since I'd simply plucked the figure from thin air.



As a sidenote, LWRF is another share michaelmouse like to trash before he dedicated his time on opti.

[monkeywrench] 21/3/2016 16:03

Conspiracy theories now. FFS elpooro, give it a rest.

[elrico] 21/3/2016 13:23

My point, weatherman. Interesting difference in packages.


I notice the usual games continue, spike the share price north first thing am, this pattern keeps repeating itself, but rarely hold on to them...I wonder if it will stay blue! I must say, I am surprised this topic has not been raised some time ago because there is a clear pattern here and it’s been ongoing for a prolonged period.

[weatherman] 20/3/2016 20:46

Europasat = aka SSW - is working with Avanti.

[accrillium] 19/3/2016 13:03

miachaelmouse's investment skills under scrutiny

michaelmouse, very excited you fell into the trap, because you have just exposed your folly, your lack of knowledge of opti is quite staggering, even i did not think you would be so far behind the curve, or perhaps you are trying to deceive potential investors. I mean, this is basic stuff, is it not!!

Your version MM

1) Cash burn is clearly rising at an alarming rate otherwise they wouldn't have had to issue more shares to raise another £2.5m despite having said less than six months ago that they had sufficient cash.

Reality, facts.

Cash burn is currently a mere £75/85k pm RISING to a mere £100k as the company scale up provisions. The second placing at 78p in Feb was to satify institutional demand that missed out in the Nov placing, annoying, yes, but these are locked in for 3 years.

Your version MM

2) How much cash do they have in the bank? They had £2.47m at half year, but see (1) above. So it depends on current cash-burn. They have also just spent £260,000 on another JV. They will come back to the market looking for more money.

Reality, facts.

Opti have £4.3 m in the bank

Your version MM

4) 77,897,134 IN ISSUE. How many warrants left to exercise though? I haven't checked this. Exercisable at 8p. If I held warrants, I'd convert and sell immediately. Shares in issue mean that the company needs to make at least £2m net profit just to put the shares on a heady p/e of 26. This is years away.

Reality
77,786,75 the warrants are there as part of a remuneration package, which keeps the cash burn down and of course opti receive the funds from the warrants wen these are exorcised, nominal as these may be.

Your version MM

6) Revenues booked in advance don't count. Let's see the money shall we. The facts are they are yet to record any revenues.

Reality and fact

Yes of course you would say that, given how AVN accounts have thrown you. Fact remains, the £750k is enough to fund opti for almost a year and with current cash available, opti don’t need funding for 3 possibly 4 years, but we know this is about to change.

[weatherman] 18/3/2016 19:38

This makes for interesting reading for serious investors in this sector. 5-15% of EU needs satellite broadband. Pressure to grow bandwidth 4 fold. SAT plans consolidation. hxxp://www.proactiveinvestors.co.uk/companies/news/123688/satellite-solutions-worldwide-group-plc-recognises-need-for-speed-123688.html

[weatherman] 18/3/2016 19:32

Growing interest in satellite broadband in the BDUK scheme hxxps://www.cable.co.uk/news/satellite-broadband-provider-reports-increased-interest-in-government-scheme-700001394/

[elrico] 18/3/2016 13:35

Same with Corespreads.

[dangersimpson2] 18/3/2016 11:24

Not sure about the Avanti comment there. IG still happy to take AVN shorts and 63% of clients are short so they must have a line of stock borrow.

[elrico] 18/3/2016 10:07

Weatherman - just because an opposing view does not align with yours, it should not be dismissed out of hand as attempts to deramp, equally, bears could assert bulls a ramping, of course. Both sides should be gleaning information from both sides and researching on both basis to conclude an informed position/decision. All my opinions are just that, I don’t believe I have the power to influence you or anyone, it’s about discussing a mutual interest we have opposing views on. You chose to ignore more than 6 years of failure, missed targets and false promises and I have the right to question track record of this company. You remain hopeful Williams will deliver, who knows, he may finally come up trumps, but ask yourself, how likely this is given the history and the economic climate? The risk of failure and growing debt is crippling AVN to the point it will need a bailout if AVN fails to deliver on its targets, and the market in both equity and bonds is telling you history is repeating itself.

[weatherman] 18/3/2016 07:57

So deramping and shorting is not an attempt to drive the price down ? Just like going long and ramping doesn't make the price go up ?

I didn't buy at higher prices because the risk reward ratio was wrong for me - and the forecasts looked too optimistic. But now the risk reward ratio is better for me. But why make an investment today on the basis of what happened in 2010 ?

I agree the Hylas 4 satellite and bonds increased risk and would have been better delaying a year until existing cash flow could support it, but now ongoing turnover is growing at near 50% a year. If this continues for a couple more years then Hylas 4 bonds will be supported by cash flow.

[elrico] 17/3/2016 22:34

I don't wish to be rude, weatherman, but I don't think you understand the concept of a circular argument, we are not talking philosophy, we are talking about a company failing to deliver. Five years ago the shares were 500p, every year the company has over promised and under delivered, that is a sad fact, that has nothing to do with bears shorting. Do you think investors will have been pleased to see year on year failure? No, of course not! Disillusioned investors sell and the graph over the last five years clearly demonstrates this, in truth, we can go back to 2010 when it launched its first tin can, since then it’s been a history lesson in abject failure. You can’t blame the bears for management over promising you can’t blame the bears for the constant decline in the share price. The bears to not force AVN to over borrow!

Have you not noticed the pattern in trading these past few months? The bottom fishers keep nibbling, then afternoon someone is offloading stock, who do you think that is? This will repeat time and again over the next few months. There not a lot of borrow in AVN and one insti has called in borrow so some shorts have been closed and that is a risk bears have to accept, while bulls have to accept bears closing may be a false dawn for them. But you have history on your side to assist you, you just need to remove all emotion and allow the trend to be your friend.

[weatherman] 17/3/2016 22:02

If the share price is suggesting further south that is because the shorters have made it so. If that is your basis for investment it is a circular argument and offers no real insight to future developments. Many new investments take longer to become established than managers wish, but some come good in the end.

[cocker] 17/3/2016 19:14

I expect the self confessed share guru is having a tommy tank over having his own thread dedicated to him by you. Mickey mouse's problem is he can never admit when he is wrong, as I said before he is a classic Aspergers syndrome sufferer.