Member Info for kernowken

9th April was the link up with Turksat. Do you mean this?
Avanti Communications Group PLC (AIM: AVN) (“Avanti” or the “Company”), a leading provider of satellite data communications services in Europe, the Middle East and Africa, issues the following update on financing and trading.

The Company recently announced that it was considering options to re-finance its Super Senior Facility, due to mature in June 2020. At the same time, the Company will also consider increasing the new facility in the range of $225 to $250 million in order to complete certain capital projects and to provide additional working capital.

It iis an excellent question given there is still a huge amount owed to the bondholders who turned half the debt into equity last year I think but there is still a huge overhang. Avanti will surely need regular, sustained substantial income to persuade anyone to lend them more?
The new BOD is at least moving them forward after years of pie in the sky and I see then being much more active in the local business community.
I guess they wouldn't have said anything if they weren't confident but the share price hasn't budged.
Still red or black for me.

“Galliford Try has announced that it is undertaking a strategic view of construction, most likely as new CEO Graham Prothero takes his position,” said City broker Liberum in a note to clients.
“The upshot is that construction will likely to become smaller in future, which is positive, but that this comes at an exceptional cost of £30-40mln (c27-36p per share).
This exceptional should be a genuine one-off [as it] mainly relates to the Queensferry Crossing, which we thought had been completed.
“The statement says that guidance for June 2019 average net debt is unchanged, which means there was contingency built into that.
“Shares look very cheap even before any fall, on a 25% discount to our target of 970p.”

Dont have any. It seems as if the new CEO decided to try to get all the bad news out of the way rather than suffer ongoing dribs and drabs. Let's hope that is the case and there isn't anything else lingering in there. If it is then your scenario is the most likely; assuming we ever get out of this Brexit mess and economic life returns to somehting like normal. I probably should know this but is GT involved in HS2 as there are strong rumours that Liz Truss is about to pull the plug on that?

Queensferry - apolgies must have dredged that up from the old bxing days and Queensbury rules
I am strating to dread looking at my poertfolio - Flybe and Saga recently and now this.

I think it is both. My reading is that Queensbury will have a bigger negative impact than they were planning and that and all the other happenings in the sector has led to a complete rethink as to what they are going for. We should applaud a move away from Carillion like bidding for bidding sake with very low or no margins if that is what they mean.
I have the old saying "profit warnings come in 3's" in my head in which case we are due for one more yet. I liked them some time ago so even with averaginbg down my average is still just over £12 so I have a long wait ahead

Shatter
Another big unexplained drop today. I fear you are correct that only day traders will want this share until it stabilises. Frustrating.

There are a number of LTH on this board who have read the runes of OXB. I am one of them but am having difficulty trying to work out where we might go from here. I think the next set of results could be crucial as they could show us to be a production company making a profit but there looks to be a debt overhang and nothing in biotech is straightforward. I realise that if we could predict the future we wouldn't be on this board but would have bought a caribbean island but does anyone have any thoughts and what stratgies are you guys undertaking. I guess mine could be described as "hold and hope".

Another one for the bottom drawer. It is full to overflowing now! GLA

Yes indeed but the sp falls. What will it take to move this?

The ex div date in 2018 was mid May.
Was braced for average results but didn't see this coming. Bought at 69.6 and now in a very crowded bottom drawer - bigger cabinet soon needed I think.
The IPO price of 185 which was at the bottom of expectations seems a long way off now GLA

Let's hope not!
Might be the same cloud as afflicting other leisure companies like Easyjet that summer bookings are being hit by Brexit uncertainty. As was said below the dividend is good so maintaining that might inspire some confidence.

Any views on why we are dropping like a stone?
There is no hard news but this seems very strange

Can anyone explain why we have dropped 5% today on seemingly no news?

I'm beginning to think that nothing will. Take this morning - 3000 shares sold and £10m wiped off the value of the company. Doesn't make any sense at all. Bottom drawer for another 15 years?

Final results are due April 1st. Let's hope that is not significant.

Share consolidation doesn't always work. I am in OXB which did a 1:50 but the price even in £s now as opposed to pence is as voltaile as ever and moves heavily on very small sells, and sometimes even buys.

Jefferies has always been the most pessimistic broker on this share. Its previous was Underperform and £5.00. Seems to carry a lot of weight if this is the reason.

The rest of the market is down but not by nearly 6%. I can't work out what now makes Wood so fragile especially after the last results but that may be more a reflection on me than anything else

Always try to buy local so Tarquin for me!
Could be an interesting" week as most of mine well down again today.

What is this drop all about? It would sem the market does not like Wood's strategy of selling non core assets but a 5% drop on this especially given the over negative reaction to the recent update. Baffled