Avanti Communications Share Discussion Threads

[jeffian] 17/1/2019 10:13

I am, but only because it's a complete write-off. I doubt the proceeds would cover any sale costs! Not sure what it has to with a discussion about AVN asset value, though.

[badger60] 17/1/2019 09:57

I did not say that YOU are the most ardent PRM supporter.........but you are still a shareholder n'est-ce pas?

[badger60] 17/1/2019 07:26

JakNife......an extract from your post 663 14/7/2016........Did he come back mid September to call you an idiot?"Feel free to come and tell me what an idiot I am in the middle of September when I predict an announcements along the lines of:"The company's brokers have advised that in the current circumstances it would not be possible for the company to raise the necessary $50m of equity and other sources of finances have contained conditions that the company cannot comply with. Various offers for the group's assets have been identified, all of which are for an amount below the outstanding debt on the group's bonds. Given the circumstances the company regrets that it must suspend the shares with immediate effect."warmest regards,JakNife"

[badger60] 16/1/2019 23:32

I'm not going to deny anybody's opinion/ interpretation here as the company is in a very precarious financial position. The point that I am making is that they are making a very credible concerted effort to try and turn the company around..........

[jeffian] 16/1/2019 22:28

They are also a depreciating asset, regardless of what value AVN claim. In a few years' time, they're just space-junk until AVN spend another £1bn to send up more.

[badger60] 16/1/2019 09:49

I suppose the circa $1bn in assets helps if they are hoping to tidy it up as a viable going concern with a view to selling it on. As you say the outstanding debt + interest requires a huge increase in revenue/contracts to cover........however they seem o be giving it their best shot.

[adypauluk] 09/1/2019 16:01

Debt has been significantly reduced from $797.80m - $409.10m. Revenues at a record high. Looks like Avanti will have a successful future :)

[badger60] 12/12/2018 02:31

Agreed.....this is the next point of focus for shareholders and is crucial for survival going forward. Let's hope they can deliver......"OutlookThe current activity levels and pipeline gives us confidence that we will see strong growth in bandwidth revenues in the final quarter of 2018. Furthermore, the recently signed contracts underpin significant growth in core bandwidth revenue throughout 2019."

[aa29] 30/11/2018 11:33

Yes, an estimate of future sales from contracts. Not that all AVN's former backlog figures seemed to materialise into sales.

[zcaprd7] 30/11/2018 11:25

What is a backlog, predicted sales numbers?

[aa29] 30/11/2018 09:45

The contrast between the original story and quarterly turnover of $10.8m and backlog of $165m is startling.

[zcaprd7] 30/11/2018 08:50

That was to end of September, so they have another quarter of cash...

[zcaprd7] 23/11/2018 14:08

Indeed, it would be interesting to know, just how many satellite dishes are actually installed, sending and receiving data, over any of the hylas satellites?

[headinthesand] 23/11/2018 12:34

Well, kind of...

I'll agree that since the exit of the DW regime, AVN has very clearly focussed on geographical markets where its technology and broadband delivery solutions have a hope of delivering some revenue. And that's a good thing.

But the trouble with all these recent announcements - and the reason that not a single one of then merited an RNS - is because none of them represent any hard and fast delivery of revenue.

As every vendor knows, although being ranged by a distribution partner is of course better than not being ranged, just being ranged - or having an agreement or MoU in place - is no guarantee whatsoever of any sales being achieved.

Still... 100 times more sensible than the debacle that Williams presided over. The question remains: is it all too little and too late? Did the AVN ship actually get fatally holed many many months ago and is just taking a while to slip down the plughole?

Time will tell...