Ben Richardson, CEO at SulNOx, confident they can cost-effectively decarbonise commercial shipping. Watch the video here.
Just to respond to your point....there are plenty of tech savvy directors on the books. Andy Green for one. Check out his CV. Besides, saving �nearly �3/4million from the executive pay trough should not be scoffed at !
Share price drops - AVN Issue more shares - Ex Bondholders Grab em at reduced price - AVN have cash in hand - H4 revenues generated - AVN Flourish - SP Rises - we all get rich !! Hoorah !!!
Do take note of the fact that all the negativity you read below is being posted for a reason. That being that MTB, HITS, etc. are all the same person / organisation who's mission is blindingly obvious ! Why AVN are not addressing this issue of sustained de-ramping is beyond me.
Agree 100% on the salaries issue. Sure we have potential, especially big in China, but how on earth can those fat cat remuneration packages be justified at current SP levels ?
Get a proper job.
Oh lord, not another one ! Surely there have to be more respectable ways to earn a living ?
HITS, MTB, Crobe, or whatever you call yourself today, please answer the question. The way you are doing your negativity job here is too obvious. You need to add entities more often otherwise anyone with half a brain will suss what you're doing. Pathetic performance.
Tyche, yes it's blindingly obvious that entities such as Head In Sand (How appropriate), Crobe, etc. etc. (They adopt many entities) are doing. They post continuous negative trash for a reason. That reason being that they are paid to. Lets be honest why else would they continue to do that ?
Good to see us as a main provider for Freedomsat Europe...... https://www.freedomsat.co.uk/superfast-30mbps-broadband?gclid=CjwKCAjw_tTXBRBsEiwArqXyMrozFjfJdQVMuQuXMHYC0BbJyaqleOkLOPrspv3tDuoSXcbvmEz7RRoCb7UQAvD_BwE
Yes they certainly have improved the website, but for me this is simply not enough. This stuff works for goodness sake. SO MANY benefits. We need to get in the face of the general public ! AND the NHS with some "benefits = savings" numbers. Does anyone know if we've actually done that ?
Strewth ! What's got into you matey ?
Hmmmm....HIS those intransigent pricing policies are often dictats from the very top of organisations. I'm sure you can guess who that approach/attitude came from, which may help explain where he is now. I'm sure future deals will be forthcoming and that we will adopt a far more competitive approach to Sales. The key point, not to be lost though, is that Sales capacity has ramped up considerably, as has senior management relationship building which is so important when it comes to putting pen to paper on the larger deals. My use of the term "We" merely reflects my position as a long term share-holder in AVN. After all it is our company too.
In my last three Telecoms organisations Revenue was the only targeted incentive for sales teams. Decisions on whether the products were priced at a level which generated profit were made at a senior level by Product Managers. Products sold and paid for tended to be based on channels occupied. i.e. Add a customer and you pay for that occupied channel - no more. The common approach for nearly all Wholesalers selling backhaul is to obtain a FORECAST maximum bandwidth requirement for that retailing customer over a given time period and scale your network build or channel reservations to suit this forecast. There would be a token "sign-up to this Forecast" charge but not the cost of all the channels "reserved". Revenue therefore would only flow as bandwidth is occupied by that Retailers customers. However there is nothing to stop the Wholesaler over-selling their capability. i.e. selling more than they are capable of delivering. Contention ratios can easily be increased while the network is expanded. Accepting the temporary drop-off in QOS. This gives a little time for network expansion based on actual not forecast trended take-up. It should not be a surprise therefore to see the rate of revenue generation begin slowly, and accelerate over time as the retailers business grows. Where Avanti score is that they have a number of clever patented software tools to make that provisioning easier for their retailers. Any real negotiations on price are usually restricted to Large Retailing customers or Government organisations for whom that bandwidth forecast is both high / lucrative and perhaps more complex. In these cases Senior managers would meet their Customer counterparts (often!) and thrash out an "In Commercial Confidence" deal that the world will never - or SHOULD never see. All parties would be subject to strict Non-Disclosure agreements - at least they SHOULD BE. HIS - Your experience with Avanti was probably because we viewed your organisation as a standard small scale customer rather than a large operator worthy of senior management intervention. I don't mean to be insulting there because I have no idea of the scale of your operation. I'm just trying to guess at AVN's reasoning for that approach. Accepting that "small operator" categorisation then, the real problem was our pricing which was clearly too high to win your contract. Pitching of our prices too high and depending on our top quality products to clinch sales deals was in retrospect a mistake - as you intimated even selling at smaller margins would be better than running unfilled bandwidth. One of the benefits of our Quality products though is that ability to run at higher prices/higher margins AND attract QUALITY customers, so that the customers we DO have tend to be Defence / Government organisations - especially true of UK/US/EU Defence & African Governments. Rem: who built Hylas 1. Where we have slipped up
True ! Time to re-gurgitate the "pollution" ad then !
Wow ! This is big ! I mean like BIG big !!! Can't wait to hear the updates !
No point SS. Because.... a) You're unlikely to understand. b) I don't have the time to educate you in this business. c) You'll in any case distort the facts to suit your own negative case - and we all know that is a lot easier than stating positives. A former boss of mine once came up with a formula.... 1 x - > 10 x +. Sadly my experience tells me this is so true, so it's probably best to not give you the opportunity.
This is becoming tedious. Can someone, anyone, anything say something positive here ! This company is back from the brink and all we can debate is directors shares ??? There is SO much positive ahead of us. Can we hear a little more about that instead !
Thanks for the clarification WO. I must admit I'm probably as guilty as the rest in skip-reading the RNS's. I suppose because I'm still too damned busy with work. What is blindingly obvious to me though as a Telecoms consultant is a) AVN have just got themselves out of a real mess, and, b) The prospects now are very very good.
How odd. But as stated below I think the current Share-Price is almost irrelevant, but I do expect major jumps on news of new deals once Hylas 4 is in service.
That would seem a sensible option and of course with prospects now way better than almost any time in our recent past such bonds are likely to be quickly snapped up.