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Nice tick up £1.20+
Positive interview. Good future prospects and growth.
Interview with CEO Published today hTTps://www.youtube.com/watch?v=5QmQwCZV9Ps
video unavailable
Published today
https://www.youtube.com/watch?v=5QmQwCZV9P
So the question is (and I think I know the answer), will these guys lease out their technology/satellites to providers like BBB or will they set up their own platforms for the customer side.
My guess is the latter which is somewhat worrying given the budget of these guys. I suspect they could amass 1m users purely by being super price competitive, making a loss and not even caring.
tweets, which have included branding a British diver a “pedo” (paedophile) for criticising Mr Musk’s abortive involvement in a cave rescue operation in Thailand. He later apologised. He was also fined $40 million for sharing false and misleading information after tweeting about taking Tesla private at $420 in an apparent joke about marijuana.
Mr Bezos has not yet responded to his rival’s insult.
Billionaires duke it out online
• In 2015, Jeff Bezos made his first-ever Tweet about the successful test flight of a space-tourism aircraft from his Blue Origin company. Mr Musk responded by posting links from sources such as Wikipedia to say that the suborbital flight did not count as “spaceflight”. He also objected to Mr Bezos’s description of the achievement as “rare”, pointing out that his own company had achieved many such flights.
• After a subsequent successful test flight by Mr Musk’s Space X, Mr Bezos tweeted his congratulations with a pointed “Welcome to the club!”
• Last year, before another SpaceX flight, Mr Bezos tweeted: “Best of luck @SpaceX with the Falcon Heavy launch tomorrow. Hoping for a beautiful, nominal [successful] flight! @BlueOrigin #GradatimFerociter.” Mr Musk responded with “Thanks” and the “blowing a kiss” emoji. Although this could be interpreted positively, critics said that Mr Bezos was “trolling” his rival by trumpeting his own firm’s Latin motto (“step by step, ferociously”) while Mr Musk’s emoji was an effective middle finger in response.
Elon Musk brands Jeff Bezos a copycat over Amazon’s broadband satellite launch
It is the latest outburst in the row between two middle-aged billionaires who dream of big rockets and space domination and give vent to their rivalry through “trash talk” on social media.
Elon Musk has branded Jeff Bezos a “copycat” on Twitter, suggesting that the Amazon founder lifted his idea for a network of broadband-beaming satellites. The 47-year-old has previously made similar allegations but never in such playground terms, tweeting “@Jeffbezos copy” followed by the cat emoji.
Mr Musk, a connoisseur of emojis and memes whose Twitter trolling has previously led to share price surges and a multimillion-dollar fine, is the co-founder of SpaceX, which has been working on its Starlink satellite project.
Existing satellite broadband can reach the remotest areas, where cable connections are not possible. It relies on a small number of satellites in orbit about 22,000 miles over Earth. These serve a huge ground area but the distance involved results in a long time lag and poor connection. The services are also expensive.
Technology bosses intend to provide affordable and fast broadband connections by deploying fleets of smaller satellites much closer to Earth. Mr Musk’s scheme aims to involve 4,425 satellites orbiting at an altitude of 750 miles. A second layer of 7,518 satellites would orbit at 210 miles. Information would be transferred between the satellites and the ground using radio waves, and from satellite to satellite using lasers.
SpaceX has previously tested two satellites that Mr Musk said provided a “pretty good” signal that was suitable for gaming. The company has announced a launch target of next month for the first operational satellites.
Mr Musk’s “copycat” comment was made in response to an article in MIT Technology Review about Amazon’s scheme, dubbed Project Kuiper. This will send satellites into orbit at three altitudes. There will be 784 satellites at 367 miles, 1,296 satellites at 379 miles and 1,156 satellites at 391 miles. Combined, the satellites will provide internet access to more than 95 per cent of the global population, according to Amazon.
Amazon isn’t the only other company working on this technology. An estimated three to four billion people still don’t have internet access, especially in Asia and Africa, and businesses see this as an enormous longterm opportunity. Other companies that are working on satellite broadband plans include Facebook and Google.
Mr Musk’s baiting of Mr Bezos, 55, follows previous public altercations between the billionaires, in which both have baited the other in tit-for-tat “mine’s bigger than yours” fashion.
Significantly, Amazon’s Project Kuiper team includes engineers who previously worked for Mr Musk’s Starlink program, including the former chief engineer and one of the principal designers of Starlink’s prototype satellites.
Mr Musk is known for other controversial twee
Lots of volume and 3 similar sized large trades today. Looks like one of the institutions is topping up. I wonder what the trigger was
Stockwatch: Put this AIM share on your radar
This is a fast-growing technology business, and some believe the share price could double.
Is £60 million AIM-listed "alternative supplier of superfast broadband" Bigblu Broadband (LSE:BBB) achieving genuine critical mass, which could potentially be appealing to a larger telecoms group? And is it also at a genuine inflection point into earnings growth, like its broker Numis proclaims?
continues...
https://www.ii.co.uk/analysis-commentary/stockwatch-put-aim-share-your-radar-ii507966
Anyone attend yesterday?
Fair enough Johndoe...although this is one of my steadier holdings that doesn't need to be tracked constantly as very confident the sp will grow with the organic growth of the company but don't want to miss out on a possible t/o so happy to have a decent holding as I see this as extremely low risk from this sp. The investor meeting tonight may create a bit of volume and because IC and Shares mag both have it tipped, there will be some steady buying from those customers. GL with your portfolio!
Guys, to reiterate. I like what they are doing here, just not an in for me currently! Certainly one to keep an eye on...
Spot on. BBB is getting coverage in all the right area's and people will start to take note. Will be ripe for a buy out by 1 of the bigger players in telecoms at probably £3 plus, or it will get there on its own over the next couple of years..every chance of £1.80 - £2 in the short term and no real downside
https://www.fool.co.uk/investing/2019/03/25/is-the-bt-share-price-primed-to-smash-the-ftse-100/
It's not going to explode overnight..it's not that type of share. The company are doing really well, new customers are coming on board, that leads to improved balance sheet..the sp will climb steadily..there's nothing not to like, unless you're looking for a bag overnight...steadily upwards will do for me
Not enough buying for me. Bad day in general to release results. Not even simon thompson backing pushing higher...
Looking better, hopefully the presentation will also spur some action.
on the back of a decent set of results and great news on Friday..
It's 115.9 to buy and over 113 to sell
It's still wide upon open! 7%
That's not the real spread Johndoe
Yes encouraging outlook. However, spread is far too wide...
The company are delivering as intended and end users growing at the required rate...should see £2 per share in the not too distant future...under the radar from the main mob on aim which is also a bonus