Monday November 30, 2015
The Anti-smoking Nazis of the USA
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Weekly postcard #131: Thoughts on Paris bombings - our politicians tell us that bombing Syria makes us safer - THEY LIE


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Avanti Communications: Director Buying & Cenkos Note with 900p target: Buy

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- Tom Winnifrith

The share price of AIM listed satellite group Avanti Communications (LSE: AVN) was marked down by 10% yesterday. Oh no! Is bear raider Evil Knievil right after all? Is there an institution bailing? The emails flooded in. Evil is not correct. A director has bought shares this morning and there is also an upbeat broker research note out from Cenkos this morning. If there was something amiss then Avanti would have had to declare it at its recent AGM. It did not.

My own support for Avanti is well known. The stock was a share tip from me at 116p on but I continue to value it at a multiple of today’s 223p – a market cap of £251 million.

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