Member Info for XxShakenBakexX

So an organisation this big must have a cash burn of around 200-300M per week, the question now is like many big companies have they bought themselves enough time to outlive the Covid crisis... Time will tell, I edged my bets leaving enough shares in to get some rights, I’ll be topping up tomorrow what I pulled out in the hope they will recover/ make it through this nightmare.

The price fail low in the final minutes, sub 1p. The months before delisting it was hovering around 9p.. most felt split between whether it was boom or bust. My personal sentiment was the company was shadowed/ anchored by its enormous interest payments. By the time these were dealt with the market had lost confidence and the share price was having a detrimental effect to securing new business (the connotation was Avanti was really unstable, cusp of being bust at any moment). This obviously had a real negative impact for securing any long term contracts. I wished there was another other than delisting but ultimately I think it was one of the few ways of regrowing the business. Be nice if I could shed my 75,000 I still have. I really hope they return to the stock market, but like most who still hold - I’ve come to accept this is lost money...

Having worked for Tui, I think we should keep an open mind. The air industry is only part of their assets, they own hotels and cruise ships... The latter being in recent years there more profitable industry... Like all airliners Swissport play a role in baggage handling and they need to take a check on the industry as whole, its not all sunseekers and holiday makers.. With business travel so broadly hit, the change in dynamic towards video conferencing - this sector truely wont recover for sometime... That said holidays and business dont go together, there is a moment of shock, uncertainty as whole but I dont feel this is accurately reflecting the share price of TUI, I bought in after COVID the first tranche at 289p, then somemore stupidly during the boom at 520 and another tranche yesterday at 414. I did this because I thought the shares represented incredible value for money... The key points for TUI is there seasonal holiday hasnt been overly effected, Winter 2019 ending around March and as Covid disrupted was largely over, then early summer and mid summer has been effected, late summer and last minutes are up for grabs as is the winter packages in 2020. In some respects I wonder how COVID may prove profitable for the company, as the dip between seasons there daily running costs have been bolstered by Goverment support and the furlough scheme... Any how I am in for a hold now, I expect (hope) the share price to reach 700p thereabouts by the autumn and at which point my expectation is to sell and by a cut price holiday from them... Perhaps that helps some of you... I am not here to promote any agenda other than my own, I no longer work for them anymore either....

Every time I see this share and board I’m just further disgusted. I used to be optimistic but I think it’s time now to come clean if this doesn’t pickup I’m inclined to agree the shares only moving down and the fat lady as others put it is in the dressing room... it really saddens me - a buy out of mine at 11p would be most welcome lol Unfortunately I think bankruptcy with a tax favour would pay me more now than selling at this low... does anyone know how to do this should it occur...

Does anyone on here know how the in orbit testing is going? Or when it’s due to complete? At least this might set an expected date for an RNS. I scanned back to the launch RNS and notices is says quite confidently service will begin July on H4 I am nervous with the rest of you this share price decline and not even holding at what we all feel is an under weight price puts the hebe jeebies in me....

HTS - I’m sorry your offended, as I’ve said your absolutely correct and it was a poor post from me. I’m glad your here on this board as is others. Can we leave it at that / brain fart by me :-)

HTS - So embarrassing your absolutely correct, my mind was somewhere else/ 125ms per leg uplink and downlink. Glad to be corrected. Thanks for replying

Regarding the posts about using satellite for Voice services couple of things comes to mind. Audio calling requirements for PSTN access demand toll quality latency to be less than 150ms between calling parties a well engineered solution can see latency through satellite in the region of 125ms one way, whilst it’s usual to have 150ms to 175ms one way in practise - the human brain doesn’t really differentiate this little bit extra and we don’t really notice latency in conversations over satellite until the one way gets above 250ms. Second observation is jitter, as we know this is the delta between regular data packets arriving timely, audio calling typically demands less than 20ms jitter in packets so the audio play out doesn’t have predict the construction of missing voice packets using algorithms... however introduce a fixed delay on either side of the satellite link usually referred to in Cisco terms as a play out delay buffer of 30ms will vastly reduce the jitter inherent of TDMA systems, another principle technique is also the allocation of flash traffic which allows an agreed burst of traffic without the network hub authorisation/ assigning the remote vsat time slots... long story short an perhaps too much science for this board voice works well over satellite as does supporting cellular data with the techniques for data acceleration (TCP) and compression...

Regarding the defence customer, consider the steerable beams can reach the somilian coast line now that would certainly assist anti - piracy... on the other hand the steerable beams seem to track the UK to US Atlantic flight corridor - so another good potential market place to pitch at... I think given time and finicial stability the satellite has great potential ...

Yes I agree reaching geo orbit is the 2 of 2 in the riskiest part of satellite launches that fact there all up in position with no concerns is fantastic well done avanti - let’s hope the IOAR completes timely june or before to see the enablement of precooked capacity contracts to begin - I recall at least one is Bentley Walker which has been announced

Wasn’t sure everyone would have the same detail, why does it say raise £4M? I thought the price needed was £50M? Or is that perhaps the maximum which can be raised from the PI’s unless they excercise rights to buy more than allocation ?

What is happening? Avanti Communications Group plc has recently announced details of an Open Offer giving you the opportunity to buy additional Shares. As a holder of Avanti Communications Group plc Shares in your Hargreaves Lansdown Vantage Fund & Share Account you are entitled to participate in the Offer. What are my options? Option 1 – Do nothing. If you do not return an election by the deadline of noon Tuesday 24 April 2018, the Offer will lapse. Option 2 – You can purchase new Shares. The terms of the Open Offer allow you to buy 5 new Ordinary Shares for every 21 existing Ordinary Shares held at the close of business on 6 April 2018. The new Shares will cost 11.225p each. What is an Open Offer? An Open Offer is an offer by a company to its Shareholders to buy new Shares in the company at a fixed price. Companies use Open Offers as a way of raising additional funds. In this instance, via an Open Offer, Avanti Communications Group plc is seeking to raise net proceeds of £4.32 million to fund general working capital requirements. (Source: Shareholder Circular, April 2018) When do I have to decide by? Any instruction must be received in this office by noon Tuesday 24 April 2018. If no instruction is received the Offer will lapse What is the difference between an Open Offer and a Rights Issue? An Open Offer is similar to a Rights Issue. However Shareholders are not allocated Nil Paid Rights, instead Shareholders are given Entitlements to buy new Shares. These Entitlements cannot be traded on the market and so unlike a Rights Issue you cannot sell your Open Offer Entitlements. In turn, if you do not take up the Entitlements then you will not receive a lapsed payment. Please note that if you do take up the Entitlements the resulting new Ordinary Shares can be traded in the same way as your existing holding. Will the Shares purchased be identical to my existing Shares? Yes, new Shares purchased through the Open Offer will be identical to existing Ordinary Shares. Can I elect for more Shares than my entitlement? Applications for new Shares in excess of your Basic Entitlement can be made. Shareholders can elect for any number of excess Shares, in addition to their Basic Entitlement, also at 11.225p per Share. Excess applications may be subject to scaling back so no assurance can be given that applications under the Excess Application Facility will be met in full, in part or at all. Please note that any election must state the total number of Shares you wish to apply for, including any application for Excess Shares. You may apply for less than your allocated entitlement if you wish. Please note that due to the fact your Shares are held in a pooled nominee account any scaling back of Excess elections may not be on the same terms as those announced by the Company. You may therefore receive a greater or lower percentage of your Excess application than that announced by the Company. If you app

It’s a bit hard to justify with the current share price, I could add some more to this but the offer as I understand is allowing me to buy 1 share at 11 something pence and the trading price less than half - have I missed something is it more shares than this..? TBH I haven’t really looked that deeply but I see an option shared offer in my HL account

Ha we’re probably already connected on linked in

Yes by verticals I was referring to Oil and gas, defence, government, science and research institutes, shipping maritime, hospitality, utilities, aviation etc I’ve satisfied a need for something or other with satellite over the years...

Just my thoughts what’s Occurring... rest assured I’m not one of those who you might consider lack of experience having so far accrued 17 years sizing/ selling and delivering satellite infrastructure to many market vericals - I have a pretty good grasp on the technology/ market competitors etc as well as 500+ linked contacts also in the industry... just in case... a lot of my earlier posts on here will also verify this. I’m fingers crossed for success, I desire success for personal gains as well as working associates/ business friends who work directly for Avanti. I’d hate to see this go the pan.

The buys might be people shorting rather than looking for growth? Seems buying is out weighing sales so ...?

Can’t help but feel the last 6months their team spent rebuilding confidence was wiped out by one poorly written RNS, surely they vet these things and determine with professional advice how it’s going to be interpreted, maybe it is black mail as a last ditch... maybe it’s required by the courts following there consultations or maybe we really are still very in trouble... I did top up again but only to lower my average as last time we hit this record low I wished I bought a bit more

Nope I bought more too figure this is just adverse reaction and agree with all after looking its not new news...

Bit spooked by this one, what’s the general feeling is it a tactical play to reduce the cost of issuing to the bond holders - or is there a genuine concern this is going to be belly up by summer?