Avanti Communications Group News
16-05-2012
The rather odd assortment of engineering firms that make up Smiths Group somehow works as a business concludes Tempus in the Times. The big idea was that some of the divisions may have been sold, with flexible tubes outfit Flex-Tek the main candidate, but the US housing market has put paid to that and with the shares at 12 times earnings Tempus thinks Smiths is a leave.
14-05-2012
AIM-listed satellite operator Avanti Communications said its revenue was in line with house broker estimates for the financial year to 30 June 2012.
14-05-2012
Antofagasta, Avanti, Chariot, Dignity, Dixons, Henry Boot, IAG, Kesa, Logica, Mears, Shanks, Thomas Cook
11-04-2012
Telecoms titan BT Group was dragging the fixed line telecommunications sector lower after a downgrade from JP Morgan Cazenove today.
08-03-2012
A round-up of the biggest director deals today so far.
06-03-2012
Amlin, Ashtead, Avanti, BBA Aviation, Betfair, British Land, CSCG, Chariot, Glencore, Land Secs, Meggitt, National Grid, Petrofac, Polymetal, Pru, Senior, Tate & Lyle, Vodafone, Wolseley, International Power, Pace, Wolseley
15-02-2012
AIM-listed satellite operator Avanti Communications says that US-based sector peer STM is to buy capacity on its HYLAS 1 satellite to enable it to launch Enterprise services in Spain.
06-02-2012
Satellite operator Avanti Communications has reported widening half year losses for the six months ended December 31st after costs rose more than revenue, year-on-year.
04-01-2012
Avanti Communications Group, the satellite operator, has sold capacity on its HYLAS 2 satellite to InSat in a five year deal worth $7.3m.
06-12-2011
AIM-listed satellite operator Avanti Communications has been awarded a £5m contract by the Regional Growth Fund.
27-10-2011
Avanti's share price rose more than 3% after it announced an agreement with BT around the provision of its Business Internet Continuity product.
05-10-2011
A round-up of the biggest director buys today so far.
04-10-2011
It's nearly two years since the Electrocomponents share price has been this low, says the Investment Column in the Independent. The aptly named distributor of electrical components has been under the cosh because of worries about the world economy. Taken as a whole, the first half numbers look fine and dandy: group revenue grew by 11 per cent year on year, with the international business up 14 per cent while the UK (surprise surprise) managed 5 per cent. However, that growth is slowing: in the second quarter group revenue grew by only 8 per cent year on year, the international business by 11 per cent and the UK by only 2 per cent. If you want yield there are better, more defensive places to get it. And we don't see sentiment towards the company improving any time soon, as the market focuses on the economic outlook. Sell, the Independent recommends.
03-10-2011
Antofagasta: Citi upgrades to hold, target cut from 1,230p to 1,010p.
03-10-2011
Satellite broadband operator Avanti Communications said pre-tax losses widened after it invested in its first satellite launch.
16-09-2011
The FTSE 100 has risen higher in early trading, led by the banks, as the blue chip index extended gains on the back of the an announcement by the European Central Bank (ECB) made yesterday.
16-09-2011
Satellite operator Avanti Communications has been awarded a place on the Kent County Council Rural Broadband framework.
01-09-2011
For the first set of figures as a company with a main listing, the interims from Cape were a touch underwhelming, according to the Tempus column at the Times. They were greeted with a 6¾p fall in the share price to 480p. Revenues were pretty well flat at £335 million and profits before tax fell by 12.5 per cent to £28.6 million. Operating margins slipped from 12.1 per cent to 11.5 per cent. Of the factors that held performance back, probably the most significant were aggressive competition in the North Sea, the completion of earlier work in the Middle East and a delay to starting on a large liquified natural gas plant in Algeria. Long-term, the shares look a pretty good bet, given the markets where Cape is focused and the higher visibility of the shares on the main market, says the Times.
11-08-2011
Satellite operator Avanti Communications has won a contract with Spain-based Novasoft.
03-08-2011
A large share price decline at Cairn Energy meant that the oil and gas producing sector was at the bottom of the pile on Wednesday. Falling oil prices didn't help much as Brent Crude futures were nearly 2% lower at $114.16 at 16:22.
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