Avanti Coms (#AVN) H1 revenue DOWN insists fully funded - whatever
- 2016-02-04 00:11:09
UK 11:15 Wednesday, 7 October 2026
Breaking news and expert analysis on fast-moving AIM and LSE listed shares
Before Christmas shares in Avanti Communications (AVN) traded at c200p. This morning they touched 100p although they now trade at 117p. What on earth is going on? The only news from Avanti's CEO, the uber-Welsh king of the bombasts David Williams is that he will be presenting interims on 4 February. However it is not just the shares that are tanking, so too are its bonds, they are now officially uber junk and as such five massive questions need to be answered by the company with the numbers. For what it is worth my target price remains - as per Gold & Bears see HERE - 0p.
I have long been a critic of Avanti Communications (AVN) and although the shares have performed badly lately they could and should be trading a lot lower.
On December 17 Avanti Communications (AVN) served up a quarterly update. From its bombastic CEO David Williams, a man who not only admits to, but boasts of, misleading erarly stage investors with a fake demonstration, there was the usual mix of bluster and misleading metrics. The only thing that commends Avanti is that it never fails to miss operating targets - it is, in this respect, the most consistent company on AIM.
David "King of the City bombasts" Williams of Avanti Communications (AVN) always responds to weakness in his company's - grossly overhyped - share price in the same predictable fashion - he announces a contract win. But each time he announces a deal - no value disclosed natch - the market is less and less impressed. This morning what investors really want to know is whether Avanti is making money from evil terrorist murderers ISIS?
If you want me to analyse a stock for you just drop me a line at sqmir@hotmail.com - Today I look at shares in Avanti Communications (AVN), Outsourcery (OUT) and Summit Therapeutics (SUMM)
The suggestion from the German paper Der Spiegel is that may well be. The paper has run a full story despite strong suggestions from Avanti Communications (AVN) lawyers that it should not do so. Given Avanti's oft repeated claims that it wins major business from the UK military perhaps it might wish to issue a formal statement. The full article is below.
Now that, post the fraud Quindell (QPP) I am such good friends with the only watchdog with teeth, the Financial Reporting Council (FRC) I have written to my pals asking them to investigate whether the 2015 accounts for Avanti Communications PLC (AVN) give a true impression of how the business is doing. I do not think they do. But Avanti also has other worries which is why the shares will crash.
Of the many lessons to be learned from the Globo (GBO) fiasco, perhaps the most salient is the danger of deriving comfort from institutional purchases. In the final days, as an obscure German fund named Forum was hoovering up stock (the founder’s stock, as it later transpired) a lot of impressionable punters were doubtless persuaded not to sell and maybe even “average down” on the basis that these guys are professionals and therefore “must have done due diligence”
King of the AIM bombasts the uber Welsh David Williams of drowning in debt Avanti Communications (AVN) has polished up another turd, that is to say his Q1 trading statement. Naturally Taffy Williams is delighted with all the progress being made. He always is as target after target is missed.
If you want me to analyse a stock for you just drop me a line at sqmir@hotmail.com - Today I look at shares in Avanti Communications, Ithaca Energy, Optimal Payments setting share price targets for all three stocks.
Oh dear. Last Autumn the big ramp from supporters of Avanti Communications (AVN) was that it would sign a major deal with Facebook to provide internet in Africa. It was even suggested that facebook might bid for the AIM listed company with the most bombastic CEO on this planet, Mr David Williams. Oh dear. It ain’t going to happen.
You have to hand it to Avanti Communications (AVN): faced with its fourth annual earnings or revenue miss on the trot it has managed yet again to paper over the ever-widening cracks in its creaking edifice.
I am not a great one for gloating, but as I head off for the summer holiday, it is with a certain satisfaction that I note that four of the stocks that I have covered extensively here over the last year are currently suspended.
Avanti Communications (AVN) came out with a fourth quarter trading update on Monday and followed that up yesterday with news of a contract win in Spain. The shares have edged higher to 210p, valuing the company at £306 million representing a good shorting opportunity for those who can see through the usual Avanti bluster.
If you want me to analyse a stock for you just drop me a line at sqmir@hotmail.com - Today I look at Avanti Communications (AVN), BAE Systems (BA.), Velocys (VLS)
