Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
The performance In the six months to May 31 last year, revenue increased 261 per cent to �20.6 million (up from �5.7 million a year earlier). The number of customers went up from 25,000 to 90,000 over the same period and by December SSW had hit its 100,000 target. It is now joining forces with Viasat Inc and Eutelsat Communications, two of the world�s largest internet companies, to provide sales, installation, billing, customer care and logistics for broadband services in Poland, Norway, Sweden and Finland. Numis, the analyst, is forecasting revenue for the 2017 financial year of �41.5 million, up from �21.5 million, with �53.9 million in 2017-18 and �64.9 million the year after. The key danger comes from the fact that SSW doesn�t own or control the satellites that it uses � a factor that keeps costs low, but also means that it could suddenly have its capacity cut. Also, if the British and other European governments do fulfil their pledges to provide nationwide fibre optic broadband, this would reduce demand for satellite services. The verdict SSW is expanding rapidly and, if you don�t think fibre optic broadband will live up to the promises any time soon, its future looks bright. The eagerly awaited launch of two Viasat-3 series satellites in 2020, which will provide significantly greater broadband capacity over Europe, should bring even greater revenue. Buy.
saturday january 27 2018 You are reading a shared article Register with a few details to access more articles like this. Get access now INVESTMENT Share of the Week: Satellite Solutions Worldwide David Byers January 27 2018, 12:01am, The Times Satellite Solutions Worldwide rents spare broadband capacity from orbiting satellites Satellite Solutions Worldwide rents spare broadband capacity from orbiting satellites GETTY IMAGES Share When it comes to the information superhighway, Britain sits firmly in the slow lane. About 3 per cent of UK households have access to �full fibre to the premises� broadband, which is transported through fibre optic cables to your door at speeds of up to 100 megabits per second (Mbps). This compares with 86.1 per cent in Portugal, 85.2 per cent in Latvia and 81.4 per cent in Lithuania. What�s more, 300,000 people in rural areas get speeds of less than 2 Mbps, which means they cannot stream music or videos, or use apps. This is where Satellite Solutions Worldwide (SSW) comes in. The company, founded in 2008, rents spare capacity from orbiting satellites and beams broadband signals to some of the most remote households in Europe and Australia, without the need for cables. It is Europe�s largest satellite broadband provider. The history SSW was founded by Simon Clifton, who helped Peter Jones of the BBC series Dragons� Den to build Phones International, and Andrew Walwyn, who started out as a salesman for Carphone Warehouse in the early 1990s. He went on to run and sell the tech company Tiny Computers and was a director of DX Communications, the mobile phone chain sold to BT Cellnet in 1999. �We lived on a farm and could not get a broadband connection even though our village, Beckley, was only five miles from the centre of Oxford,� he says. SSW has grown rapidly as governments struggle to meet the cost of installing fibre optic cables (up to �30,000 per home) nationwide. The British government promised broadband speeds of 10 Mbps for everyone by 2020, but many experts are sceptical that this is possible. SSW has very low overhead costs. It rents broadband capacity from the satellite companies Eutelsat, SES and Avanti in Europe and NBN Sky Muster in Australia, and resells it directly to customers. It is the middleman, so has no responsibility for the expense of maintaining the satellites. The broadband it provides reaches speeds of 30 Mbps; the UK average is 16.51 Mbps. Its customers include Bear Grylls, the adventurer, the BBC and the NHS. SSW floated on the London Stock Exchange in May 2015 with a share price of 4.5p. It is now hovering around 8p. The performance In the six months to May 31 last year, revenue increased 261 per cent to �20.6 million (up from �5.7 million a year earlier). The number of customers went up from 25,000 to 90,000 over the same period and by December SSW had hit its 100,000 target. It is no
https://www.thetimes.co.uk/article/0d3417d4-fee0-11e7-9de1-e6776d524215
yes, a fund manager buying more stock for one of the funds he manages and collectively as they / he 3 manage funds that have previously purchase stock they brecch a percentage of the total shares in issue and therefore they have to tell the market. All very good news with them loading up, as plenty of confidence in SAT and takes out some loose stock so hopefully the price will start reflecting the true value of this stock (higher than it is today in my opinion).
this share seems sleepy enough, https://beheardgroup.com/news/dreams-appoint-heard/ I'm taking advantage before it wakes up !!
https://www.**********.co.uk/blogs/alba-mineral-resources-alba-blenheim-natural-resources-bnr-satellite-solutions-worldwide-sat/
they're the buys we like - 1m shares at �75k - No messing about.
continued .................. SSW Trading Update By way of a trading update for the financial year ended 30 November 2017, SSW is pleased to announce that it has achieved its stated target of 100,000 customers by the end of 2017 one month early. After another year of strong growth, management are comfortable SSW�s results will be in line with market expectations and a more detailed trading statement will be provided in due course.
yes odd its not here. Commercial Agreement with the Viasat and Eutelsat European Broadband Joint Venture Satellite Solutions Worldwide Group plc (AIM: SAT), the global leader in delivery of alternative super-fast broadband services, has signed a sales and marketing agreement (the �Agreement�) with the European broadband joint venture company established between Viasat, Inc. and Eutelsat Communications (�the JV�). In its first step toward building a retail consumer broadband business across Europe, the JV has selected SSW to assist with localised retail services and subscriber management. Specifically, SSW will provide in-language/in-market sales, installation, billing, customer care and logistics services. The JV will provide marketing support, satellite network capacity and customer premise equipment, among other ancillary requirements. SSW and the JV will launch initial broadband service operations in Poland and Norway, with Sweden and Finland expected to launch shortly thereafter. The JV is expected to deliver the fastest available residential satellite broadband service packages in these countries. Subject to the successful progress in these first-phase countries, the parties may extend service to other markets. Although SSW already has an existing subscriber base in some of these countries, all new subscribers in these countries will be acquired under the Agreement. SSW is therefore anticipating a material increase in customer numbers and revenue across these territories where it currently only has limited satellite broadband market share. SSW will invest to provide additional resources in each country in anticipation of a material increase in customer numbers and sales. SSW therefore envisages an investment during the first year, as the scheme gains traction and scales up, of approximately �1.0m of total additional overhead, which will be partially offset by income generated from new customers. SSW expects this project will enable it to breakeven within 18 months of launch and to be earnings accretive thereafter. Evan Dixon, Deputy CEO and Chief Marketing Officer at the Viasat/Eutelsat Joint Venture, said: �Our goal is to bring high-quality broadband to areas where traditional wired broadband providers cannot. To support our mission, SSW is a natural partner as they have a proven operation that will enable us to quickly and effectively bring better broadband options to consumers in select European countries.� Andrew Walwyn, CEO of SSW, commented: �We are delighted to be working closely with the joint venture company established by Viasat and Eutelsat. Viasat�s extensive marketing experience in consumer satellite broadband in North America and Eutelsat�s established European broadband business, together with SSW�s deployment capability, will bring the deep expertise needed to respond to consumer expectations for a high-quality online exp
https://www.standard.co.uk/business/market-minnows-satellite-solutions-worldwide-a3696116.html
Boom way ahead in the game https://www.cnbc.com/2017/11/16/pandora-podcasts-stock-zooms-higher-after-bmo-note.html
I'd say as the the 3rd biggest in the world SAT is a big player. Two ahead are US Cos so perhaps one of them.
https://www.greenlanemarketing.com/blog/podcast-ads-2018-marketing-plan/
Court - go back a read deal with NOR gov - Apr RNS . The Nor Gov subs the infrastructure costs . Brilliant deal for SAT and now more proof SAT are the highly reliable company to deal with. Can see more and more Wifi networks being rolled out in many countries .
hopefully seller cleared out now and this can get to where it shoul dbe SP wise, 5.5-6p
Podcasters record series of funding rounds as interest surges Advertisers and investors find makers of on-demand shows increasingly appealing https://www.ft.com/content/a5f9d0e8-9d9d-11e7-8cd4-932067fbf946 Investors are warming to podcast companies, with a flurry of funding rounds in recent weeks worth more than $70m — a sign that the digital audio industry is converting listener buzz into revenue-generating businesses. Acast, the Swedish podcasting company that hosts publishers including the Financial Times, the Economist and Vice Media, is the latest to receive backing, raising $19.5m from investors led by Swedbank Robur and Norron Asset Management and bringing its total funding to $32m since 2014. Gimlet Media raised $20m from investors including WPP, the world’s largest advertising group, the New York growth equity company Stripes Group and Laurene Powell Jobs’s Emerson Collective. The round reportedly valued Gimlet at $55m pre-money. Another podcast producer, HowStuffWorks, received a $15m infusion from Raine Group, the boutique investment bank. Cadence13, which hosts the popular political show Pod Save America, sold a 45 per cent stake for $9.7m to Entercom, the US radio broadcaster. Podcast network Art19 raised $7.5m from investors including Bertelsmann’s digital media fund and Hollywood’s United Talent Agency. “The amount of incoming requests from the world’s largest VC companies is getting bigger every day. It used to be one every few weeks. Now there’s a couple every day,” said Måns Ulvestam, Acast co-founder and chief executive. Investors are attracted to a surge of interest from consumers and advertisers in recent years, as more people shift to consuming media on demand. In the US, 67m people — nearly a quarter of the adult population — listen to podcasts every month, up 21 per cent from a year ago, according to Edison Research. “I do think that this [investment] is a sign of the industry being taken seriously for what it is and what it can be, and that comes after a somewhat noticeable one-to-two-year lag,” said Nicholas Quah, founder of Hot Pod, a podcast industry newsletter. A PwC study of the US podcast market, funded by some of the industry’s biggest players, including Acast, Gimlet, and HowStuffWorks, projects that advertising revenue will jump 85 per cent to $220m in 2017. Ad spending is ballooning as big brands have begun to dip their toe into podcasts, which have thus far been mainly funded by direct-response advertisers. Companies such as Gimlet and Panoply, the podcast company owned by digital publisher Slate, have launched branded content divisions that create ads and even entire podcasts for advertisers. “Investors have noticed that a lot of big brands have come into the space and there are real businesses being built,” said Matt Lieber, co-founder and president of Gimlet. “For