Share Name Share Symbol Market Type Share ISIN Share Description
Avanti Comm. LSE:AVN London Ordinary Share GB00B1VCNQ84 ORD 1P
  Price Change % Change Share Price Shares Traded Last Trade
  -0.595p -11.03% 4.80p 208,021 16:35:22
Bid Price Offer Price High Price Low Price Open Price
4.61p 4.99p 4.99p 4.99p 4.99p
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Mobile Telecommunications 43.50 -59.72 -34.39 103.8

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Avanti Communications (AVN) Most Recent Trades

Trade Time Trade Price Trade Size Trade Value Trade Type
2018-07-17 15:30:024.9983,3334,158.32O
2018-07-17 14:22:294.751607.60O
2018-07-17 14:21:064.9930014.97AT
2018-07-17 13:56:234.9983,3334,158.32O
2018-07-17 11:18:264.704,000188.00O
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Avanti Communications (AVN) Top Chat Posts

DateSubject
17/7/2018
09:20
Avanti Communications Daily Update: Avanti Comm. is listed in the Mobile Telecommunications sector of the London Stock Exchange with ticker AVN. The last closing price for Avanti Communications was 5.40p.
Avanti Comm. has a 4 week average price of 4.81p and a 12 week average price of 4.50p.
The 1 year high share price is 15.25p while the 1 year low share price is currently 4.50p.
There are currently 2,163,335,585 shares in issue and the average daily traded volume is 160,632 shares. The market capitalisation of Avanti Comm. is £103,840,108.08.
25/6/2018
08:21
badger60: Excellent news! AVN is far from dead in the water and starting to unlock the commercial potential of Hylas4. Another couple of meaningful contracts should see the share price X2, x3 from here, imo.
09/4/2018
11:34
jaknife: It’s rather telling that the share price has dropped below the open offer price.
04/4/2018
15:36
terryebby: They ALSO said they MIGHT book a sale of $40 million - my guess is that this is totally dependent on the successful launch of HYLAS 4, in which case no new funding needed. One should never make the mistake of thinking that the future looks like the past. The whole satellite sector is on a ten year low - in fact Inmarsat share price is now on a 12 year low. experience tells me that an industry does not go in one direction forever. Improving consumer outlook in the World will see all that reverse, and a War form the Donald would help too. But a successful launch form Avanti, an announcement of a $40 million sales and a clean balance sheet means this stock is going to look VERY different next week
29/3/2018
18:59
terryebby: ergo $293m for the H1 & H2 Sats PLUS the $330m spent on HYLAS 4 PLUS (which you forget to mention) the approximately $100m spent on a network of Ground Earth Station Data Centres (Cornwall, German, Cyprus, Turkey, Nigeria, etc) PLUS the approximately $180m value of the spectrum assets (which they got for free but never marked UP in the accounts because that creates a tax problem, but Intelsat carries slots at $60m per slot) gets us to $903m asset value. Less that the $1.2bn they spent yes but still relevant. Take off the remaining debt of $400m Post swap and that implies a real BOOK value of $500m. Fully diluted AFTER the swap that is a share price of 32p per share. THANK YOU for agreeing my methodology with me. Glad we got there in the end.
27/3/2018
10:16
terryebby: yes fair point. BUT, the Inmarsat share price WILL rise in my opinion because of their high exposure to the IFC market. Also I hear that their difficulties in the USA over the spectrum conflict with GPS signals is close to getting resolved. In any case I would expect them to buy the equity and keep the Avanti debt facilities running. The Avanti bond holders like Solas are mainly satellite experts so they would ewan yto hold more Inmarsat paper and now the Avanti debt burden is sustainable, Inmarsat could manage that debt efficiently over time
09/3/2018
12:37
diamondsp: JakNife there is an implied share price in that the bond holders are exchanging x amount of debt for z amount of shares. The amount of shares they get will enlarge the share capital by a fixed amount whilst reducing the net debt by a fixed amount. It is therefore possible to calculate an implied share price. I'm just not quite sure I'm doing it correctly. Badger I previously thought the same as yourself it's only when I ran those figures I changed my mind. I also previously had a niggling doubt that it couldn't be so simple or else the market would have bought it up to the 18p level by now - easy money wouldn't get ignored for so long? I think your 20p calculation may be neglecting the debt which still exists in the company??
09/3/2018
09:13
diamondsp: Hi Badger, This is an issue I've been trying to get my head around as well. I contacted investor relations 8 days ago asking for clarification on the implied share price of the issue but as yet have had no response. But here are my calculations: Current market cap at circa 12p per share of circa £15 mill Debt circa 750 mill Company valuation £765 million We swap £400 mill debt for 92.5% of the company. 400/92.5 x 100 = £432 million (i.e. 92.5% for 400 million equates to 100% for 432 million) Still left with debt £350 million So company valuation after the swap of £782 million - a rise of just 17 million or about 2.2% So whilst I think this is a great deal for current shareholders in that it allows the company half a chance to survive and hopefully thrive, it does actually seem to be done at fairly close to current value. I am very open to being corrected on this as it's a complex one but this is the best way I can see to work it all out.
02/3/2018
11:01
terryebby: As I said, its all trivial and priced in which is why the share price has barely moved, so I was correct. Its no all about the value increase from HYLAS 4 launch. They are going to have only about $250m of debt left, with equity capitalisation at the current share price of just $250m. So a Total capitalisation of just $500m. The assets cost over $1bn to put up, plus the spectrum is not carried on the balance sheet has significant value. I think a sale at a cap of $750m is feasible in the near term which is why I think a share price of 25p is rational. This is all about what is the value of these assts to someone else like Viasat, Arabsat,Inmarsat who are more likely to have an ability to sell the megabits better because of their existing market demand in sectors like wifi on planes and US government. This is a 2018 2 bagger where we are today
31/1/2018
14:16
jaknife: terryebby, I think more precisely, the backlog moves into revenue over time. But if you'd read the article you'd know that that is the point that the article makes - Avanti's backlog hasn't moved into revenue, it's simply disappeared. Re "This debt for equity swap implies a share price of 25p." What it actually means is that the share price is currently 10p and debt-holders (some of them) are going to take a massive write-off. Other debt-holders will be left intact ... holding debt in a loss-making company with a weak balance sheet that has a declining business model. regards, JakNife
04/7/2017
09:52
635426383: LSE:AVN OKSearch Avanti Communications Share News (AVN) 9 Share Name Share Symbol Market Type Share ISIN Share Description Avanti Comm. LSE:AVN London Ordinary Share GB00B1VCNQ84 ORD 1P Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade +0.00p +0.00% 9.625p 9.26p 9.99p - - - 0 06:30:09 Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m) Mobile Telecommunications 62.3 -50.4 -37.1 - 14.19 Print Alert Avanti Communications Group Plc Trading Update 04/07/2017 8:00am UK Regulatory (RNS & others) Avanti Communications (LSE:AVN) Intraday Stock Chart Today : Tuesday 4 July 2017 Click Here for more Avanti Communications Charts. TIDMAVN RNS Number : 0349K Avanti Communications Group Plc 04 July 2017 Avanti Communications Group plc Trading Update Avanti Communications Group plc, a leading provider of satellite data communications services in Europe, the Middle East and Africa (EMEA), announces a trading update for the financial year ended June 30(th) 2017. Revenues for the fourth quarter rose to in excess of $16 million resulting in total sales for the year of approximately $62 million. As indicated in the Company's Q3 statement announced on 31 May 2017, a number of projects to sell spectrum are progressing well but have not closed in time to impact the final quarter. In addition, Avanti announces today the award of a new 3 year contract worth up to $21 million to deploy several hundred services to government sites across Africa with an existing government customer. This, in addition to recent announcements of Mobility, 5G and broadband orders and a strengthened balance sheet creates a positive outlook for the new financial year. This announcement contains inside information. --ENDS--
Avanti Communications share price data is direct from the London Stock Exchange
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