Bigblu Broadband Share Discussion Threads

[cottoner] 04/7/2018 06:39

From today's RNS

Outlook

The Board is confident that the solid performance of the core business and the recently completed acquisitions will continue for the remainder of the current financial year and the outlook therefore remains encouraging. The Company continues to evaluate further complementary acquisition opportunities and technologies as part of its growth strategy and is confident of achieving its previously stated 2020 target of 150,000 customers.



Andrew Walwyn, CEO of BBB commented, "Trading in the period was strong due to continued customer sign up, improving retention rates and increased data demands of existing customers. I believe that we will see further growth in the second half of the year post the fibre disposal and the increased marketing spend in the JV as consumers continue to demand faster and more dynamic broadband services wherever they're located. The first half of the year has been mainly about consolidating our acquired customer bases and integrating systems across our networks. This momentum is expected to continue into the second half, and I look forward to updating shareholders in due course."

[middlesboroughfc] 03/7/2018 14:52

massive customer churn

[mfhmfh] 03/7/2018 10:53

no half year trading update (was on 27th June last year).

[james1b14] 29/6/2018 18:51

Mr Numpty - that's really helpful, thank you!

[mrnumpty] 29/6/2018 07:27

Reply to James . I sent an e-mail to Big Blu yesterday , requesting comments on this alternative means of providing internet coverage . Provided that the information provided is not confidential , I shall endeavour to report here .

[james1b14] 28/6/2018 19:51

I saw this story in an article somewhere and, like you, saw this as a bit of positive news for this company so my interest has been reinvigorated. I've changed my outlook on it so will hold for the next few months and see what happens. However, considering the debt levels, the fact BBB have yet to show a decent profit and their costs seem a little out of control, this all still makes me more than a little cautious. I'm Not worried enough to sell though, curious where this company goes from here....Mr Musk has VERY similar operational growth plans as BBB...especially with his internet providing satellites. ...

[harleymaxwell] 26/6/2018 21:10

But more positive today!

[james1b14] 25/6/2018 20:16

Seeing lots of 'positive' news on this stock but no positive stock movements in weeks. In fact... No significant movement at all.Guess patience is a virtue.....

[quepassa] 25/6/2018 06:55

Broadly positive article on BigBlu in The Weekend FT column headed Small Cap Focus.

Noting the growing interest in the satellite sector with the recent offer for Inmarasat by EchoStar which "has sharpened the focus on the sector" and ending on the bullish words:

"Christopher Mills, the activist investor behind Harwood Capital Management was appointed to the board in May after building a stake, and is seen to be expecting big things from Bigblu".



Prescient sound bite - "expecting big things from Bigblu" .

Me too.

ALL IMO. DYOR.
QP

[davr0s] 20/6/2018 18:47

I should clarify that I always use manual stops - I never argue with price and focus on capital preservation so I share sells off below key levels without questioning it

[cottoner] 20/6/2018 14:09

Your postings in multiple BBs for different cos say much the same thing!

Think I'd rather pay more attention to:

06 June 2018

Christopher Mills has acquired 258,334 shares in the Company at 117.95p,

[oohrogerpalmer] 20/6/2018 11:13

Disappointing that since consolidation we have effectively lost 20% of share price
Hope the Aussie money is put to good use soon!!!

[ptgint] 16/6/2018 10:20

Thanks QP - good to know I'm not alone with this irritant. Sent a second nudge earlier this week but met with a deafening silence.

[quepassa] 15/6/2018 15:22

Yes. same issue. I suspect for everyone.

ADVFN are normally good but sometimes need a second nudge.


QP

[ptgint] 15/6/2018 14:49

Does anyone have a problem on their ADVFN monitor with the LSE symbol BBB showing the name Berkeley Berry Birch instead of Bigblu Broadband ? The symbol BBB was originally issued to Berkeley Berry Birch but they went into administration and it has now been re-issued to Bigblu. I've complained to ADVFN Support who said they would get their IT dept to investigate but nothing has happened.

[p1nkfish] 14/6/2018 21:28

Would agree and stops on small/micro caps need to be wide. 25% or so.
I also expect this to prove a decent investment.

[davr0s] 13/6/2018 08:33

Stopped out this morning - all this name change and increased liquidity seems to have done is increase the number of sellers - price never lies

[dan1nat1] 11/6/2018 21:23

Large delayed buys after close look promising, the mm's love shaking BBB ;)

[quepassa] 11/6/2018 07:28

Good bit of housekeeping and avoids management distraction of peripheral businesses, allowing them to focus 100% on core activities.

Nothing like doing a deal for hard cash.

The consideration of aus$1.5million means another £850,000 sterling in the bank for BigBlu.

Great.

ALL IMO. DYOR.
QP

[p1nkfish] 11/6/2018 07:18

Selling off Australian fibre will help margins, free up some cash and sets the scene for a purely wireless future. BBB direction is quite clear as are the customer target numbers by 2020 that I think they will surpass.