Saturday 22 July 2017 The one stop source for free breaking news, expert analysis, and videos on AIM and LSE listed shares


Tom Winnifrith Bonus Bearcast: Avanti Interims are a turd however they are polished - this could go to 0p

By Tom Winnifrith, The Sheriff of AIM | Thursday 4 February 2016


Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.


Uber Welsh king of the bombasts, David Williams of Avanti Communications (AVN) tries his best to polish the turd which are interim results out today. But look behind the headlines and the key metrics are dreadful. Look at the yield to maturity on the bonds. The shares could well go to 0p and sooner than most folks think as I explain in this special podcast.

To see the full ShareProphets dossier of articles showing the red flags of Avanti click HERE


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Comments

3 comments

  1. Tom

    Your brilliant analysis clearly illustrates why this stock is a bargepole of the highest order!

  2. “Avanti has fixed cost bond finance at 10%, which is not repayable until October 2019 when we would expect to refinance it at lower rates.” – I laughed out loud when I read that at 07:30 this morning.

  3. Interesting.If Avanti doesn’t pay its bills,do the firms that made and launched the satellites have the tech to repossess them ? That would make for an interesting RNS !


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