Bigblu Broadband Share Discussion Threads

[cottoner] 07/3/2019 14:08

Well spotted , thanks for posting.

[glaws2] 07/3/2019 13:59

Interesting post from he CTO

[cottoner] 21/2/2019 09:30

For info:


Tipped in today's Shares mag.

Heading:

Bigblu's big broadband opportunity in the backwoods

Structural growth and limited competition could see its share price surge in time

[hausofmaus] 28/1/2019 08:17

News about a small purchase...hTTps://www.ispreview.co.uk/index.php/2019/01/wireless-isp-quickline-acquires-uk-rural-broadband-rival-jhcs.html

[cottoner] 18/1/2019 19:57

hxxps://www.ispreview.co.uk/index.php/2019/01/bigblu-broadband-isp-refresh-cheaper-satellite-plans-for-uk-homes.html

Bigblu Broadband Launch Cheaper Satellite Plans for UK Homes
Friday, January 18th, 2019


extract

'We should point out that the GOLD package was recently advertised alongside download speeds of up to 50Mbps, which gives you some idea of how the new average speeds have changed things. On this point we really have to credit Bigblu for being one of the very first Satellite ISPs to adopt the Advertising Standards Authority’s (ASA) new speed guidelines, albeit a little after the fact but most others have yet to even bother.'

[quepassa] 18/1/2019 14:21

+5%


News ??

Tip??

[headinthesand] 03/1/2019 16:47

As per my post of 7th December -

"...and the fact that BBB are still quoting an "up to" speed of 50Mbps on its current top-end package is a concern. I'd expect them to have Ofcom slapping them sharply across the wrists for that one pretty shortly. Both Ofcom and the ASA have frowned upon "up to" speeds being quoted by broadband providers for over a year now and instead insist upon average speeds being quoted."

- it looks like BBB has indeed got itself a strict slap round the face from ASA/Ofcom.

Their website today has been changed to show average speeds for their various broadband offerings over satellite, 4G and fixed wireless, rather than the previous "up to " or "theoretical maximum possible" speeds that it was showing everywhere before.

Quite right too - and a pretty major difference.

[tightfist] 02/1/2019 19:09

Dirty, glaws; thanks for the ST/IC info and Edison link. It's certainly been a slow-burn but it looks as though we may now be finally off the launch pad!!!

[oohrogerpalmer] 02/1/2019 15:02

We're still way below last year's consolidated price of 1.30.
I would have thought that IC's target price of 1.65 is a minimum this should be trading at!!@

[weatherman] 02/1/2019 14:50

Over the past 2 years the price has hardly moved, even though they have met their targets. As they continue to deliver on targets, then the price should respond as trust grows, especially if they can now grow with out the excessive dilution of acquisitions. imo.

[dirty75] 02/1/2019 13:30

been a fair bit of BBB Twitter chat too.

[glaws2] 02/1/2019 13:09

Thanks for that d75

[dirty75] 02/1/2019 12:26

ARTICLE ........

Simon Thompson December 21, 2018
BigBlu’s game-changing deal
Simon Thompson



Aim-traded BigBlu Broadband (BBB:102p), a fast-growing satellite internet service provider offering an alternative high-speed broadband service, has been named as a preferred partner by Eurobroadband Infrastructure (EBI), a subsidiary of New York Stock Exchange-listed Eutelsat (US:ETL), a global satellite operator that is launching a superfast satellite broadband service to consumers and businesses across Europe with download speeds of up to 50 Mbps.
Under the arrangement, EBI will provide satellite network capacity, as well as assisting with subscriber premises equipment, installation and marketing to support its ‘Konnect’; brand. BigBlu will promote and sell satellite broadband services while managing all activities related to subscriber management, including installation, billing and support. Based on a shared growth model, BigBlu will be an integral part of the distribution network over Eutelsat’s KA-SAT satellite. There are potentially 27m European internet users who have internet speeds below 4Mbs, so the target market is huge.
Andrew Walwyn, chief executive of BigBlu, believes the investment EBI is making is a game-changer for BigBlu and its customers by delivering a service superior to most people’s wired broadband at a similar price point for the user. This means that Eutelsat is now BigBlu’s key partner in Europe after an acrimonious divorce between ViaSat and Eutelsat in their European satellite retail joint venture, which has launched services into Poland, Norway, Spain, Sweden and Finland. The terms BigBlu has agreed with Eutelsat are comparable with its arrangement with ViaSat in the aforementioned five countries.
There could even be a kicker for BigBlu now that Eutelsat has decided to compete with ViaSat by launching its own satellite. That’s because ViaSat may decide to buy in capacity from elsewhere ahead of launch of its Viasat-3 satellite over Europe, the Middle East and Africa (EMEA) in 2021 in order to give it a running start. That can only be good news for BigBlu, which provides an obvious route to market, adding further weight to the company’s target of having 150,000 customers by November 2020. It’s making good progress.
In a pre-close trading update earlier this month, BigBlu revealed that it had increased its customer base from 100,000 to 113,000 in the 12 months to end November 2018, which helped deliver a 7 per cent rise in organic revenues. Annual recurring revenues shot up by more than a quarter to £51m to account for 94 per cent of total revenue of £55m to produce underlying cash profits of £6.8m, up from £4.7m the year before, and on an improved margin. Expect another strong performance in the new financial year as the operational gearing of the business really kicks in. Numis Securities pencils in annual revenues of £62m to deliver cash profit of £10.1m and earnings per share (EPS) of 7.3p, rising to revenue of £67m, cash profit of £11.1m and EPS of 11.7p the year after. On this basis, the shares are priced on a 2019 price/earnings (PE) ratio of 13, falling to a PE ratio of below nine in 2020.
I would flag up that BigBlu has the backing of some very shrewd investors. Non-executive director Christopher Mills and parties related to him (North Atlantic Smaller Companies Trust, Harwood Capital and Oryx International Growth Fund) backed a placing at 127.5p a share earlier this year and control 22.6 per cent of BigBlu’s issued share capital. Interestingly, Harwood holds a 28.2 per cent stake in Bioquell (BQE:590p), the provider of specialist microbiological control technologies to the healthcare and life science markets that recently received a £140m recommended cash offer to crystallise a 372 per cent gain for holders of my 2016 Bargain Shares portfolio. Mr Mills is a non-executive director of Bioquell too. Their lead is worth following.
So, having first advised buying BigBlu’s shares at 82.5p ('Blue-sky tech play', 21 March 2016), and last updated at the time of the interim results ('BigBlu targeting ultra-fast organic growth', 5 September 2018), I maintain my positive stance and conservative-looking 165p target price. Buy

[dirty75] 02/1/2019 11:49

Right - well nice up tick from the low, which was mad, and a steady stream of buys. Lot's of coverage from Investors Chronicle over the last few weeks with their target of 165p.

[glaws2] 13/12/2018 12:36

I believe this is the first time that Edison commented (obviously paid for research by BBB)

[glaws2] 13/12/2018 12:34

Edison link here hxxps://t.co/wg47BooUpC

[tightfist] 13/12/2018 12:29

Thanks, anywhere we can access the Edison report?If not, does it provide any insight into the revenue stream build and margins on fronting-up the Eutelsat JV?Cheers, tightfist

[quepassa] 13/12/2018 12:23

Just released today.

Edison Research Update on BigBlu.

Overall very positive.




ALL IMO. DYOR.
QP

[sbs] 08/12/2018 07:30

Thinking about this, it could be an excellent B-B sale for our cloud video clients. They often shoot on location and this bandwidth is easily enough to upload a live edit proxy to work on while the hi res is being physically shipped back to base.

[headinthesand] 07/12/2018 16:41

Hmmm. I've got a deal of respect for the BoD at BigBlu and as other have said, they've encouragingly got a fair amount of skin in the game.

It's also more than fair to point out that forming a closer relationship with Eutelsat is a smart move. Eutelsat's Konnect program seems to be set to run alongside anything it may or may not do with Viasat in the future, so the former's clearly here to stay. Having said that...

The issue I suspect that BBB is facing - and will continue to face - is marginalisation of its traditional horizontal markets in W. Europe. BBB has already launched its first Konnect packages (see its website) and speed and price-wise, they're none too exciting from a mass market viewpoint.

£70 for 100GB of monthly data is nigh on twice the price of what can be delivered over 4G for example - and the fact that BBB are still quoting an "up to" speed of 50Mbps on its current top-end package is a concern. I'd expect them to have Ofcom slapping them sharply across the wrists for that one pretty shortly. Both Ofcom and the ASA have frowned upon "up to" speeds being quoted by broadband providers for over a year now and instead insist upon average speeds being quoted.

There's still always going to be a demand for satellite-delivered broadband even in fully developed dense markets like Western Europe - but I imagine that demand is rapidly going to become primarily vertical, rather than mass market. Fibre, FWA and 4G all outperform even the latest generation of satellite broadband technology on both speed, cost of data and (of course) latency criteria - and they're all spreading fast (especially 4G - and 5G isn't too many years away now).

[quepassa] 07/12/2018 08:58

The other side of the story. From Eutelsat. Sounds just as encouraging if not even more so.

This is what Catherine Carde, CEO of Eutelsat, said yesterday about the partnering program where BigBlu is the first mentioned name at Gold Partner level:


“With this programme, we are reinforcing our relationship with key distribution partners through a shared approach aimed at bringing broadband quickly and effectively to consumers across Europe and beyond. Together we will accelerate the delivery of the fastest available residential satellite broadband service packages. The launch of this programme also completes the overhaul of EBI’s distribution strategy and notably the relaunch of the wholesale model, focused on selected specialist distribution partners and major telcos.”


See full article here:

hXXp://news.eutelsat.com/pressreleases/eurobroadband-infrastructure-launches-preferred-partner-programme-to-boost-ka-sat-capacity-distribution-2810676



As an aside, the prices of Big Blu are becoming more and more attractive and their satellite packages are certainly competitive with big fixed line providers like the extortionate BT:


hXXps://bigblu.co.uk/satellite-broadband/



ALL IMO. DYOR.
QP

[tightfist] 06/12/2018 22:54

QP,BBB have clearly been getting progressively closer to serving Eutelsat's target EU markets for many months. It's good to see today's development that seems to be moving towards a formalisation of their role?BBB have to prove themselves as the customer-facing arm of the business, but IMO they continue to continue on the path they may become a medium term bid target IF Eutelsat later wish to control the complete chain? At the very least today's news must reduce the pressure on expansion capital but the margin will presumably also suffer? However, it seems the BoD has sufficient skin-in-the-game to protect SH interests.Cheers, tightfist

[dirty75] 06/12/2018 20:19

And the mmmgt know what their doing , serious players in their field , wonderful team all working as a team and I'm sure they know the end game for all our benefits, one of AIM's jewels.

[sbs] 06/12/2018 18:51

Yes - this is one of the few where the management back their statements with their own cash.

[quepassa] 06/12/2018 12:59

Excellent news and a major step forward for BBB.

Eutelsat is highly regarded and to be chosen by them as Preferred Partner is a big win for BBB and sign of confidence by a major SatCo in BigBlu's capabilities.

With subsidized installation and download speeds of 50bps, this should be a highly attractive proposition for new and existing customers alike.

A particularly BULLISH and CONFIDENT OUTLOOK by BBB's CEO who describes this as a "GAME-CHANGER" and continues that this initiative will be " deliver strong organic growth next year and beyond.”

A big win for BBB.


ALL IMO. DYOR.
QP