Bigblu Broadband Share Discussion Threads

[tightfist] 05/12/2019 14:34

I am minded to agree with you. IMO UK Financial prudence (common sense and capital allocation ROIC) seems to be out-of-fashion and vote-buying will remain in-fashion, so to my mind there is the potential for vast sums of government (ie our) money available to heavily subsidise cable-laying to the most remote areas...... Be it Jeremy or Boris in No:10..However, on the other hand could rapid Quickline adoption in multiple local areas using satellite comms. provide a fast-start prior to cable arriving - if it ever does. That would require some joined-up thinking........As ever there are a lot of UK imponderables - just glad BBB have EBI and Australia to fall back on to preserve our sanity! And wealth!

[quepassa] 05/12/2019 11:13

perhaps.....but isn't the question more the cost of LAYING the fibre in the first place that has put the big players off in the past?

if the cost of laying the fibre is going to be subsidised or even paid for by the government, then I think the big players would be very interested in signing up all those rural villages and small towns, hamlets and communities with a few hundred or low thousands of residents....

it's the cost of the initial up-front infrastructure which is an issue but if HMG pays for it to be installed, then I think the big players will be more than happy to service rural end-users..

..and fast fibre can be really fast up to 100mb or much more which is better than satellite speeds.

..for continents like Australia or vast underpopulated areas in Scandinavia for example, satellite is a winner but in the UK, if HMG will now be installing/paying for the installation of fibre, maybe it's different....

all imo. dyor.
qp

[bbluesky] 05/12/2019 11:07

And if they are, BBB would be a prime take-over target.

[bbluesky] 05/12/2019 11:02

Don't think that the big players would be particularly interested in rural. Other fish to fry.

[quepassa] 05/12/2019 09:16

It seems to me that determined UK government plans to invest significantly in the sector and financially to incentivise the big players (like BT/Virgin/Sky/TalkTalk) to roll out superfast broadand to all corners of the UK, however rural, will not be positive for niche/specialist players such as BigBlu?

Any views please?

ALL IMO. DYOR.
QP

[tightfist] 05/12/2019 08:47

I have to say that I don't understand the customer commentary "In line with our post acquisition integration strategy, we rationalised approximately 13,000 customers who were utilising non-competitive networks during the period. While this impacted customer numbers in the short term, there was continued strong underlying organic growth in satellite broadband customers under the EBI partnership throughout the year.". .The two aspects seem quite separate....... I just wonder if this is drawing an opaque veil over traffic with Avanti as it adjusts its business model. Comments anyone?.For me the bottom line is that customer numbers should have been up 10k (9%) but instead were down 3k. Maybe I am missing something?.The blue touch paper remains elusive? Meanwhile we have to be content with slow but positive progress on Margins and ARPU. tightfist

[bbluesky] 05/12/2019 07:27

Well, in line so should be no big drama. Organic growth figs going the right way and just think they have a very fair wind behind them in terms of rural demand for broadband and who knows post-election, if it will be incentivised.

[quepassa] 05/12/2019 07:17

Trading Update.

Comments about their debt position to be carefully noted.

Higher interest/financing charges ??

One notes the words "....as we move towards profitability".

I guess the meaning of those words may or may not be self-evident.


ALL IMO. DYOR.
QP

[bbluesky] 15/11/2019 08:20

Tightfist: Bookies seem to think there is no prospect of a Labour government and this for me is another nail in their coffin. Nationalise the rail would have some interest with voters, but the idea of a nationalised broadband I think would terrify, even if you didn't have it. BT are still struggling to throw of the shackles of being Government run. Good though that it is being highlighted as an issue and I am sure BBB are only too keen to help overcome this problem!

[tightfist] 15/11/2019 07:34

Will be interesting to see today if there is some share price reaction to Labour's latest free universal Broadband pledge. Is there a realistic prospect of a Labour government next month? What technology would be used to fulfil?

[oohrogerpalmer] 01/11/2019 16:45

So something not looking good late on!!!
Anyone ideas?

[quepassa] 31/10/2019 08:06

so why don't they just spell out what precisely the performance criteria are and what the exercise price/dates are?

....more potential shareholder dilution.......


...whiffy

all imo. dyor.
qp

[mfhmfh] 30/9/2019 03:29

From the BBC today:

'The digital infrastructure will also get a boost, with the £5bn investment to support the roll-out of gigabit-capable internet, and mobile networks - including 5G.

The ambition is to rollout connectivity to the hardest to reach 20% of the country - upping the earlier target of 10%. However, a deadline to reach this goal has not been confirmed.

Digital Secretary Nicky Morgan said: "Our rural communities are a thriving hotbed of industry and technology and for them resilient digital connectivity is vital.

"Our country's digital infrastructure is essential to our future economic growth and productivity and we want everyone in the UK to benefit from world-class connectivity no matter where they live or work."'

[mfhmfh] 27/9/2019 16:38

huge volume today

[quepassa] 27/9/2019 07:08

He flogs 417,000 shares.

And buys a measly 9,200 shares.

Doesn't cut the mustard in my view.


ALL IMO. DYOR.
QP

[quepassa] 21/9/2019 17:26

Some chips? A stonking 420,00 shares. And he's hardly on a low wage.

He could easily have sold just a small chunk to finance the purchase of the rest of the shares and to buy a nice BMW. But no, he sold all the options, lock, stock and barrel.

Also, it wasn't just the CFO but three members of top management simultaneously.

In my opinion and experience when a CFO sells in volume, it frequently does not bode well.

But the thing is, that if the brokers think the share will double, why would they want to sell at all?

Good Luck all - but I personally am a strong believer in watching what management does with regard to their shareholdings and options.

In these small-cap companies, it's all about skin in the game in my view and when they start selling, it sends a signal which you can either accept or ignore at each person's own choice.

ALL IMO. DYOR.
QP

[dirty75] 21/9/2019 10:35

To be fair they’re never sold any before and everyone needs to live. CFO has be there since the outset so can hardly blame him for taking some chips out.

Could be worth adding whilst down at this price.

[quepassa] 20/9/2019 15:11

Not very convincing or re-assuring.

CFO sells 417,000 buys 9100.

Here's the maths:

1 Exercises 227,272 options at strike of 79p and sold at 110p = gain of £70,454

2 Exercises 189,783 options at strike of 30p and sold at 110p = gain of £151,826

3.Buys 9100 shares at 109.75p = cost of £9,987.


Worryingly, it was not only the CFO who sold in volume yesterday but also Chief Mktg Officer (c 200,000 shares) and Chief Sales Officer (108,000 shares).

If they are all selling out Management Options immediately upon exercise when the brokers are so bullish, you have to wonder why.

Not my cup of tea.

Good Luck all.

ALL IMO. DYOR.
QP

[quepassa] 19/9/2019 16:48

When I see a Chief Financial Officer exercising warrants and then immediately selling them out in full, it personally sends a shiver down my spine.

I take note of Director Buying/Selling as an important signal.

The CFO just sold approx 417,000 shares.

Obviously if anyone knows what is going on, it is the CFO.

Other senior members of management also sold.

With brokers so bullish about BigBlu , it surprises me to see Director Selling on this scale.


Too rich for my blood.

Good luck all.


ALL IMO. DYOR.
QP

[mfhmfh] 10/9/2019 08:26

Numis target is 235p I think

[quepassa] 10/9/2019 08:20

IMPORTANT.

Barclays Capital this morning INITIATE COVERAGE on BigBlu with an OVERWEIGHT recommendation and a TARGET PRICE of 200p.

Barclays see more than 80% UPSIDE to current share price.

ALL IMO. DYOR.
QP

[tightfist] 06/9/2019 20:47

Hi 5chipper,I have not felt comfortable about "Churn" statistics for a long time; they certainly were far lower when I first invested 4? years ago..The company will said at the London Spring meeting that half of the churn is people with sat-equipped second homes that they turn off cyclically every year; very few were said to down to losses from new cable installations..But clearly there is an underlying element of customer discontent - the company admits things were poor and the telephone lines hot in Summer 2018; they recruited a new customer service manager and in conjunction with their Satellite suppliers improved their tariffs at no cost to BBB. They use Trustpilot scores to assess their success..However, I would feel a lot more comfortable with churn in single digits; they currently have quite an adverse impact on compound NET growth..Cheers, tightfist

[mfhmfh] 06/9/2019 10:26

someone buying in 25,000 chunks

[weatherman] 03/9/2019 14:01

"Outlook
The Company is extremely well placed to continue driving organic growth through the partnerships and product suites in place whilst new products with faster broadband speeds and unlimited download limits are also set to underpin growth. There continues to be strong demand for alternative super-fast broadband solutions and, as such, the Company is strategically well placed to continue growing its customer base with both churn rates decreasing and gross margins improving throughout the remainder of the financial year.
We also expect strong cash generation from the business in the second half of the financial year, which together with secured funding for Quickline, will significantly decrease net debt by the period end. We anticipate net debt to fall to less than 1.5x EBITDA by the year end. "