Sat Sol Share Discussion Threads

[dirty75] 15/8/2016 17:19

hear, hear Hydrus, just wasted 1 minute reading the dribble.

Outstanding Co, with a real business. Now I am not worried too much about intergration of new acquistions as they've mentioned on several occassions they've built their bespoke "backroom" to accomodate growth, so really its the DD of the deals and this team are experts in the field and if you believe in the field then these are your guys. Also they've had the BGF over their shoulder, casting a eye over the recent deals i would imagine and they've commiited debt and equity to the Co. Also as we know, the company was making a monthly profit before the recent Avonline and Oz deals. Yes dilution can be a pain, but its allowed these world class acquisition and therefore SAT is now becoming a leader in the world. Also allowing institutional investors to come in like L&G and Herald Invest MMgt i

[hydrus] 15/8/2016 16:33

I'm more than happy to hear potential negative points about the company (I've listed two above) but unfortunately you don't seem to be able to articulate anything at all other than you don't like the company. I won't waste my energy from now on.

[albert3591] 15/8/2016 16:26

I dont think this basket case needs expanding on, suffice to say open down tomorrow.

[hydrus] 15/8/2016 16:23

The two main risks here for me are:1 they treat new shares as confetti and just keep issuing additional ones to find acquisitions. Jury is out as it is entirely possible they saw a great opportunity and went for it with last acquisition as a one-off and needed the placement. If they keep diluting I will reassess as it will massively affect the shareholder returns.2 they mess up the acquisitions

[hydrus] 15/8/2016 16:14

Do you mind expanding on that Albert please? I am not clear what you mean

[albert3591] 15/8/2016 16:13

I think we are seeing how things are progressing.

[hydrus] 15/8/2016 16:10

I see broker forecast is actually £38m revenue with 0.63 EPS. If they can achieve that next year, with 15 to 20% organic growth thrown in also this will look very cheap.

[hydrus] 15/8/2016 16:07

Oh hi Albert - weren't you last on here saying that when the price was 4.5 - 5p? It's hardly been a wipeout has it?Let's see how things progress but they should be on for £30m revenue next year now with the large subscription base. With 30% margins they should make a tidy profit. Plus organic growth is valued highly currently and the subscription base is growing.Risks around integrating new acquisitions though as flagged here previously.

[matis0906] 15/8/2016 16:06

Great input Albert - thanks for the update.

[albert3591] 15/8/2016 15:56

Pumpers have done their work,small pi,s lose out works every time.

[tightfist] 07/8/2016 07:31

Paleje,There was a mini trading update within the announcement on 26th July. H1 results committed " before the end of August".Trek,Thanks for the competitive info in France, that is a great example of a very sticky customer!tightfist

[trek3] 05/8/2016 13:03

The company have the right strategy, buying ongoing
businesses, especially in the EU, a buddy of mine has
a house in Brittany, got a quote from Orange, which is
effectively France telecom, can`t unbundle, have to take
the full package, phone, tv, broadband, cost 30e a month,
Europasat, the company which Sat bought, fitted it for about
400e, and about 10e a month, thing is once it`s fitted it`s
yours, if you move, you take it with you, much better deal.

[paleje] 05/8/2016 11:28

I saw this morning's RNS, Herald are cute, don't hold but hovering. Anyone know if they've given a date for the interims yet, I saw it was Aug last year.

[tightfist] 05/8/2016 09:22

Hi Dirty,I see that Herald brought on-board discretionary clients to the tune of nearly 7% in the placing round. That's pretty positive for me! Cheers, tightfist

[matis0906] 03/8/2016 16:35

Keep digging Dirty, sounds good.

[dirty75] 03/8/2016 16:16

Yes read the note. All really good stuff.

something i did pick up on elsewhere is that the Co is cash positive on a monthly basis. That was before the recent acqusitions. Trying to dig up the share register to see which institutions came in on the last round. I've heard a few rumours which are massively positive if true.

[tightfist] 03/8/2016 08:40

Hi Dirty,Yes, SAT is looking good, hopefully the H1 figures will underpin the August share price moves. Have you seen the Arden note?O/T: Another stand-out good news AIM Co. is BUR - Burford. Well worth a look.Cheers, tightfist

[dirty75] 03/8/2016 08:24

investor chronicle - article out yesterday , with a big buy. They state 9-10p and comment on Arden Broker note at 11p target.

All good, look forward to update. Nice to only have good news from an AIM CO.

[matis0906] 02/8/2016 18:02

hxxp://www.americanbankingnews.com/2016/08/02/satellite-solutions-worldwide-group-plc-sat-stock-rating-reaffirmed-by-arden-partners-ltd/

[dirty75] 02/8/2016 14:27

Well this would be immense - EU Propose Legally Binding Broadband Universal Service Obligation -
hxxp://www.ispreview.co.uk/index.php/2016/07/eu-propose-legally-binding-broadband-universal-service-obligation.html

[hydrus] 02/8/2016 13:29

The mcap is now about £33m I think with the extra shares. One would hope that next year with the large subscriber base they can generate a profit in the millions but hard to say how much that might be. An updated broker note would help. I see that currently broker estimate is for 0.5EPS for £19m revenue next year. Whilst revenue will be more than 50% higher now after the acquisitions, the number of shares will be also more than 50% higher. However, perhaps with the economies of scale and organic growth they might beat that by some way. If so then this could look quite cheap.

[matis0906] 02/8/2016 12:51

I had estimated very similar numbers, estimate was 70000 customers with £30m annual revenues. So sounds extremely good and massive growth in such a short space of time. They have more than double annual revenues and triple the customer Base in the last couple of months. Great job.

[zengas] 02/8/2016 09:43

Revenue to end of November (12 months) was circa £6.5m

Avonline estimated to add £5m, Breiband had £8.2m and Skymesh £7.8m - so approx running at £27.5m/yr and not counting some of the smaller acquisitions.

Possibly £27.5m - £30m annual revenues from a base of 75,000 customers so economies of scale should kick in. Feasible that from organic growth especially now that they have a large base/geographical spread that they could aim for 3-4 times that level over the coming years.

[tightfist] 02/8/2016 09:42

Super tight spread this morning, which way will the share price break?!