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.

Notice of full year results and HYLAS2 update

London - 5 October 2012. Avanti Communications Group plc (AIM: AVN, "Avanti"), the satellite operator, will announce its full year results for the year ended 30 June 2012 on Wednesday 10 October 2012.

Avanti will also update the market on the launch of service of HYLAS2.

Avanti Communications Group plc

Preliminary Results Announcement

London - 10 October 2012. Avanti Communications Group plc (AIM: AVN, "Avanti" or "the Company"), the satellite operator, has published today its unaudited preliminary results for the year ended 30 June 2012.

Operational Highlights

· Announcement today that HYLAS 2 has entered service, open for business on all beams

· 22% more capacity available for sale than originally expected due to technical successes (11GHz versus 9GHz)

· HYLAS 3 fully financed and under construction for launch in 2015

Financial Highlights

· Revenues and Other Operating Income increased by 246% to £15.0 million (2011: £6.1 million)

· Cash at year end of £76.7 million

· Backlog increased by 57% to £268 million

· Strong sales momentum - the average monthly target of £11m new Backlog continues to be achieved

· Although the phasing of Backlog is more back-ended than expected, existing satellites are expected to be full at current run rate in 2016

Commenting, John Brackenbury, CBE, Avanti Chairman said:

"This has been a year of very strong growth for Avanti. The momentum of launching our second satellite in as many years to expand coverage to a total of 53 countries has created very significant demand. This is now evidenced in our contract backlog which grew by 57% in the year. Within the emerging markets that Avanti serves our flexible and resilient technology is winning business from customers who urgently need reliable, high quality communications.

"The formal launch of service today on HYLAS 2 over Africa and the Middle East gives us access to markets showing high economic and structural growth in demand for telecoms services. We look forward to the continued development of Avanti with growing confidence."

Why has it been falling recently?

Increased backlog plus reduced cash (preliminary results show pre-tax loss growing), theres only so much premium investors will pay over net worth. Once the backlog is reduced and AVN moves to the main market it'll generate interest inline with its peers. Its a volitile waiting game though at the moment, buy on the dips and sell on the ups is what most investors including myself are currently doing 260 buy, 300 sell unless momentum is strong.

What to do? hold? and wait a year or so to even out or sell and move on?

What would you buy if you sold out.

AMER

MAGP, SOU, NEW, GKP.......XEL

Avanti Communications to showcase at the London Innovators and Investors Forum

It is our pleasure to invite you to attend the forthcoming Innovators & Investors Forum on the 29th January 2013 at the Business Design Centre, London. This will be an exclusive invitation only event organised by Shares Magazine and Cenkos Securities.

As an active private investor, we are sure you would appreciate this unique opportunity to receive privileged access to 30 diverse, forward thinking and energetic technology companies at a single event.

Many of the exhibiting companies are currently involved in some very exciting projects in an effort to drive future growth, and development within their industries.

The event will be supported with an extensive conference program, including keynote speakers and company presentations.

We sincerely hope you are able to attend and that you find the experience both profitable and enlightening. Companies represented include:

1Spatial
Avanti Communications
Bango
Bond International Software Group
Brady
CML Microsystems
Corac
Cyan Holdings
eg Solutions
Energetix Group
eServGlobal
Forbidden Technologies
Fusion IP
Globo
incadea
InternetQ
IQE
KBC Advanced Technologies
Netcall
Optimal Payments
Plastics Capital
Probability
Quindell Portfolio
StatPro Group
WANdisco


Event time: 12.30pm to 5.30pm

Complimentary refreshments and luncheon provided

To register for this event please click here


CONFERENCE AGENDA AS AT 09.01.13
(To be updated once presentation speakers are confirmed)

12:30 Registration & Lunch

14:00 Keynote speaker - Richard Penny, Senior Fund Manager - Legal and General

14:15 Shares Magazine presentation - Russ Mould, Editorial Director

14:30 Company presentation - David Richards, President & CEO - WANdisco

14:45 Company presentation - Henrik Bang, CEO - Netcall

15:00 Company presentation - Marcus Hanke, CEO - 1Spatial

15:15 Company presentation - tbc

15:30 Coffee Break

16:00 Company presentation - Stephen Blundell, CFO - eServGlobal

16:15 Company presentation - David Baynes, CEO - Fusion IP

16:30 Company presentation - Stephen Streater, CEO - Forbidden Technologies

16:45 Company presentation - Charles Cohen, CEO - Probability

17:00 Company presentation - Simon Smith, Non-Executive Director - Cyan Holdings

17:15 Close

This agenda is subject to change and alterations

For further information, please visit our events page

Wow

No Barry Muncaster ?

RNS falling star sp down 33%,poor old tom!

sp currently 164p makes a mockery of brokers recommendations and target prices.

Nice bounce this morning.

StockMarketWire.com
(Dated 10th July 2013)
Satellite operator Avanti Communications has warned that revenues for the year to the end of June will be below market consensus as a result of timing movements of certain contracts.

It said that revenue guidance for the period included the value of several major contracts in Africa that were expected to close before 30 June 2013 but which are now expected to be completed in the next financial year.

At the same time, since the period end, the revenue due from a contract which was signed during the financial year is no longer assured.

As a result, revenues for the financial year ended 30 June 2013 are likely to be up to £10m below previous market consensus.

The group says: "Sales progress was otherwise encouraging, with particular success in signing contracts with major telecoms and media companies including Vodafone, Technicolor and CNN.

"We are also pleased that the highest quality specialist VSAT service companies are also choosing Avanti, with major new contracts in the year with Speedcast, TTcomm and Bentley Walker amongst others."

Good rally under way.

I think Dil used to follow these.

Been in and out of these quite a bit anyway, I'm long at the moment and think I'll stay long for now.

Organised in partnership with Cenkos Securities and Shares magazine, the second Innovators & Investors Forum will take place on 4th February 2014 at the Business Design Centre, London N1.

The event aims to showcase up to 40 leading innovative and imaginative technology-led firms and to bring them together with the investment community. It combines both a company expo and an educational conference where delegates learn about a range of investment opportunities.

REGISTER NOW

Why attend?

This event gives you a platform to meet under one roof up to 40 technology-led companies, hear their messages during presentation seminars and engage in discussions with them on their stands.

The event is supported with an extensive conference program, including keynote speakers and company presentations.



Companies already confirmed for the 4th February 2014 include:

Angle
Avanti Communications Group
Bond International Software
Brady
CML Microsystems
Earthport
Enables IT
Escher
Forbidden Technologies
Globo
InternetQ
KBC Advanced Technologies
Optimal Payments
Regenersis
StatPro
Transense Technologies
Ubisense

CONFERENCE AGENDA


10:45 Private Investors’ registration and coffee

11:40 Company presentation - InternetQ

11:55 Company presentation - Earthport

12:10 Company presentation - To be confirmed

12:25 Company presentation - To be confirmed

12:40 Lunch

14:00 Keynote address - Richard Penny, Senior Fund Manager - Legal & General

14:15 Russ Mould, Editor, Shares Magazine

14:30 Company presentation - To be confirmed

14:45 Company presentation - Optimal Payments

15:00 Company presentation - To be confirmed

15:15 Company presentation - CML Microsystems

15:30 Company presentation - KBC Advanced Technologies

15:45 Coffee

16:15 Company presentation - StatPro

16:30 Company presentation - To be confirmed

16:45 Company presentation - To be confirmed

17:00 Company presentation - Escher

17:15 Company presentation - To be confirmed

17:30 Close

This agenda is subject to change and alterations. More companies to be announced soon.

REGISTER NOW

The exhibition will be open from 10:45 to 17:30.

Coffee / lunch will be served within the exhibition.



This agenda is subject to change and alterations. More companies to be announced soon.



EXHIBITION

The exhibition will be open from 10:45 to 17:30.

Coffee / lunch will be served within the exhibition.



Dress code: business attire




VENUE
Business Design Centre
52 Upper Street
Islington
London N1 0QH

http://www.businessdesigncentre.co.uk/

Access map: http://www.businessdesigncentre.co.uk/VisitingUs

Closest tube station: Angel (3 min. walk) - Northern Line





SPONSOR


Cenkos Securities is an independent specialist securities firm focused on UK small and mid-cap companies.
We aim to be entrepreneurial, whilst seeking to establish long-term relationships with corporate and institutional clients.
Our directors and partners have on average more than 25 years' experience in the UK securities market. They have pioneered and led some of the most successful and innovative transactions in the UK securities market over the last decades.

REGISTER NOW

StockMarketWire.com
Avanti confirms that revenue for the financial year ended 30 June is expected to be approximately $83m. This represents growth in core revenues year-on-year (excluding the spectrum sale in the prior year) of over 35%. EBITDA is expected to be approximately $8m.

But the group is reducing the recurring revenue growth target for FY17 due to the challenging economic backdrop.

Avanti's commercial reputation for high service quality and product innovation is strong, enabling it to win high value contracts with prestigious telecoms companies. In particular, the Group is leading the market in winning cellular backhaul business, and many opportunities are opening up around the EMEA region.

Contract wins in the fourth quarter were over $70m showing commercial traction is building. Cash at year end was $57m.

The economic backdrop is nonetheless challenging. In Africa, ongoing currency depreciation has resulted in the need for the Company to help some smaller broadband service providers with exchange rate adjustments and rework some of their long term commitments. Elsewhere, larger high credit quality telecoms and government customers are demanding longer credit terms, impacting working capital. Given these challenges, the previously guided 50% recurring revenue growth target will be reduced for FY2017 impacting EBITDA. At 2:34pm: (LON:AVN) Avanti Communications Group PLC share price was -33.25p at 26.75p