This is a BUY tip from Tom Winnifrith...

Sorry if this is rather boring as the market cap is now c 350 million but at 470p Avanti Communications (AVN) - a stock held in the SF t1ps Growth Fund - is really very cheap whichever way you look at it. It is now funded to launch 3 satellites into space ( and fully insured if the worst happens which will only delay the programme by 6 months anyway). You value Avanti by discounting back the net cashflows these satellites will generate. That depends on how much capacity is sold and at what price. Use a model based on very conservative assumptions and this stock is worth 13 ( the lowest valuation in the market). But that model uses assumptions about sales prices which are already being beaten by forward sales Avanti is booking today. Use those prices and you head up to the 22.50 value of house broker Cenkos. My own view is that Avanti will do better still and this stock could therefore be worth 25. Exc itement will mount as the first satellite is launched later this year. Remember those valuations are the Net Present Value of future cashflows ( i.e. what they are worth today). If you can buy at under 600p ( as you can now) you should do so and sit back and wait. I suspect after HYLAS 1 is launched you will never again be able to buy at less than 600p.

You pile shed loads in a pile of crap with an IP (that no one knows what it is or can explain to me) and you worry about minor things like our satellite still sitting on the ground !

Dilover the weekend I was forced to watch hundreds of rockets launchedeveryone of them exploded.and each time this happened every person cheered and clappedour rocket is up next? Can we save the chirp for just a couple more weeks?

ShareCrazy is tipping AVN as a strong buy with a base case target price of 1,079p and potential upside of up to 2,194p.


Hmmmm! Well, why not I say! Revised sp of 10.79 by Xmas Dil? :o)

http://www.videocorner.tv/videocorner2/live_flv/index.php?langue=en
Why not watch the launch live.

No, I'll be behind the sofa with my eyes shut and my fingers in my ears! ;o)

... along with tabby :-)

:o)

Practising the brace position as we talk{_!_}

Erm........noooooooooo!!!

This stock looks so good we will have Gausie along shorting it soonthen you know youre made it!

All fuelled up and ready for a tenner.

Who's got the matches? I hope they aren't damp!

Two days to go then whooooooooooooooooooooosssshhhhhhh !

The launch will be webcast live at and will occur in a window between 18.39 and 21.54 Greenwich Mean Time.

Staying in 'til 22.00, then down to the pub Dil? :o)

Hmm, did that appear a blue square with a question mark? Don't know why! The site is www.arianespace.com, Porky also posted the site in post 90.

Wouldn't miss it for the world Kim , my guess is it'll go sooner rather than later so still be time for a celebration drink.

I'll drink to that! :o)

Tabby gonna miss it hiding behind his sofa.

Lol

Whoosh! :-)