Avanti Communications ; the Week in Review
July 7, 2007
By Andrew Dewson
Avanti Communications demerged out of Avanti Screenmedia in April, but rather than go into orbit, shares in the satellite communications group have crashed to earth. But with demand for digital satellite coverage set to soar, Avanti should be able to gear up returns for shareholders by providing most of the costs through debt. Once up and running, the company should be able to generate significant cash-flow at much lower risk. Not for widows and orphans, but the sell-off since the demerger has created an excellent buying opportunity for high-risk investors.
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