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Not negative, Chesh... brutally realistic in my very firm view.
I have some personal experience of what's going on in the satellite-delivered broadband market. The fact is, in high density developed market geographies - like Western Europe, which currently accounts for around a third of BBB's revenues - .satellite-delivered broadband is breath-takingly rapidly getting marginalised by both the creeping growth in the availability of fibre-based services alternative and more importantly by other far FAR more cost-effective and fit for purpose delivery technologies, such as 4G. And don't forget 5G waiting in the wings as well.
If you want an example from the UK, EE is currently offering half a terabyte of monthly data - yes, that's 500GB - over 4G to end-users at £100 inc VAT. That's 20p per GB at speeds of up to 100 Mbps and at a latency of around 40 ms. EE and the other mobile network operators now claim a 99% 4G coverage of the UK by population (but to be fair, not by geography... yet)..
Compare and contrast with BBB's best value satellite broadband offering. Their website today shows that as being 75GB of monthly data at £89 to the end-user... I make that around £1.20 per GB, so six times more expensive. And that's at a maximum speed of 30 Mbps and with an utterly unavoidable latency of around 600 ms... it's a complete no-brainer for mass market home and small biz end-users that form BBB's traditional customer base.
If you needed further evidence, take a look at Avanti's SP performance over the last couple of years - and AVN is one of two core satellite connectivity suppliers to BBB in W. Europe.. They've also chased the W. European horizontal market and have only very recently twigged that they need to be looking at very different geographies (like sub-Saharan Africa), where their offerings actually make some sense.
So - although markets like Australia will be performing better for BBB (massive geography with sparse population density very much suits satellite-delivered broadband) - my strong opinion is that they simply must be suffering massive levels of churn and customer switch-off in W. Europe.
Combine that with self-imposed "must hit" targets as to number of active customers (100k by end 2017 and isn't it 150k by end 2020?) and BBB has effectively forced itself into a policy of continual growth by purchased acquisition - because it cannot IMV get the numbers up by any organic growth in one of its 3 core markets. Quite the reverse... the subscriber numbers simply must be going backwards in W. Europe... so BBB is going to need to acquire even more customer bases via purchase to hit that 2020 target. Plenty of cash gonna be needed for that - let alone to shore up falling revenue levels.
The one (smallish) shining light in BBB's European operation is its Quickline acquisition, which is a fixed wireless ISP. But the thing with FWA is that it can only be spread slowly from an existing point. so it just can;t be scaled that fa
I dont know why everyone under the impression that customer numbers are falling, every time there a trading update number s have increase with revenue
January update are we not expecting this to make progress?
You should post your negative views more often HITS.........!
nice 10K just come through......!
All the best (not yours surely :)
Predictions? My 2p's worth....
Organic customer growth stalling in core Western European markets and overall customer growth solely resulting from acquisition.
Recent trades only showing as buys, surely some sells?
Also as we are approaching trading year end, predictions for the update?
More directors buys today, surely this is going to tick up in the trading update January....
Buy and Sell ticked up today...
Lol...
I think beep just call me out for an actual fisty cuff at the AGM.........!
lol.......!
I have a relevant Q, in order to go the the BBB AGM, surely s/he must be a share holder?
Or is beep proposing I go to an AGM in a stock that I'm not invested in.....! lol and is surely going to tank in the mean time!
All the best (OMG is the right reply at this time :)
AGM what? When?
OMG!
AGM?
You've guessed that I'll be malicious beep,
on the contrary...... realistic would be the term,
You say difference now, what where your posts like on here back then? malicious? :)
or agenda driven..................? you are a dark, soulless poster beep......... end of :)
All the best (see you soon! maybe!)
Difference now is my posts are just chat and yours will be malicious
No prob. Chesh.
Give us a outlook of Dish going forward, it doesn't move lol............
Ha......... beeps back with his negative rhetoric...!
time I visited dish.......... !
All the best (ok with you jsmith?)
The last updates were positive, and this share always rockets off the back of a trading update, at this price it def. worth a buy, old money 6p equiv.
I couldn't see things getting any better. That is why I sold.
The latest update from the CEO interview, was very positive talking about economies of scale and costs coming down due to the migration etc
Don't know if this is having a suppressing effect on the BBB SP or not - but things are looking ever-increasingly bleak over at Avanti.
I'm not aware exactly of how much of BBB's Western European customer base is hung off Avanti, but I think it is a fair chunk.
Potentially interesting times...
Charted dish, and it looks all right to be fair, 3rd bounce may break out if good news.....!
nuff said on that mate!
All the best (we wait :)
I def. agree with you, top up low and sell high as the sky..........
Beeps chart, didn't quite get that going up?
Thanks
Absolutely jsmith,
dip before the news, is my take, and dir buys confirms, RSi low, I'd say get in :)
but, I'm bias....... obvs :)
All the best (beep's chart going up :) sorry if your in there :(
Cheers Chesh,
Old money equiv. at present is just over 6P, surely with the trading update in January this should be at a minimum of 120.00/130.00 levels
Its not the first time is been oversold and turned a corner, plus directors have confidence with the buy ins....
For you jsmith........ :)
not changed any lines, and doesn't look pretty :)
https://i.imgur.com/ljaSLa1.png
But take heart in the RSi, turned from over sold :)
All the best (hang on in there, or buy............ along with the directors....!)
Chesh yes please if you can kindly show us your BBB chart
The CEO interview was very positive talking about economies of scale and costs coming down due to the migration etc
Chesh 92p BUY on the back of the trading news January should see a decent gain???