Inmarsat Share Discussion Threads

[wskill] 22/11/2017 10:31

Just had another top up now at £4.83 daft price.

[undervaluedassets] 22/11/2017 10:15

Spoke to IR yesterday..

They volunteered the word "undervalued" when it came to the shareprice (IR never ever do that usually)

Pointed to high barriers to entry to this industry, first mover advantage, longstanding expertise and technical culture, huge inventory of income producing satellites already flying and the technology on the ground..

Not to mention the schedule of satellite launches going forwards in 2019/20/21

pointed to the long term contracts (10 years many of them) that they have with their customers.

(outside the US ISAT is biggest player with 35-40% of addressable market.)

Capex push at the moment as they go after the aviation IFC (in flight connectivity) prize. IFC market is set to double and triple in the next five years.

Recent shorting is clearly what has been hurting the share price (the market is as near as dammit 8% short currently). But this company has enviable cash (347 million) , cashflows and prospects. The shorters will have to buy back won't they

[rogerrail] 22/11/2017 09:55

Director buy provides some confidence there is nothing untoward in the share price slide.
Now looks ridiculously undervalued.

[wskill] 22/11/2017 09:45

DB dumping their holding when ISAT share price was at its lowest ebb have not been helpful with a fair wind we can now move back upwards.

[bluemango] 22/11/2017 09:38

Yes, another significant outlay by a director buying shares, always good to see (certainly better than them just sitting on their hands!) and there have been several after the shares really dipped recently. £38,400 for 8000 shares this time.

[ddubzy] 22/11/2017 09:09

Nice 8k Director purchase helping this little bounce this morning.

[w1ndjammer] 22/11/2017 09:07

Inmarsat opens office at world-leading facility in Ålesund
22 November 2017: Inmarsat has opened a new office at the Norwegian Maritime Competence Center (NMCC) based in Ålesund, Norway, to continue to drive the digitalisation of the shipping industry.



The opening of the facility in the heart of Norway’s leading edge maritime community, signals Inmarsat’s intention to intensify work with third party innovators and digital disrupters to exploit high-speed broadband via Fleet Xpress through its Certified Applications Provider (CAP) programme.

The maritime hub at NMCC, which is part of the Norwegian University of Science and Technology campus, is recognised for its technical excellence, and is home to the influential Blue Maritime Cluster, whose members are leading the drive in remote monitoring equipment on board vessels and the use of data analytics for real-time decision making.

Smart fleet
Inmarsat CEO, Rupert Pearce said: “Inmarsat Maritime is driving digital best practice across tens of thousands of ships. The future of the connected ship lies in networks such as Fleet Xpress, brought to market at scale. Fleet Xpress enables application-triggered bandwidth, which will be key to converting today’s smart and connected ship into tomorrow’s ‘smart fleet’.”

Inmarsat recently signed a Letter of Intent to enable the Rolls-Royce Energy Management System (EMS) via Fleet Xpress. Rolls-Royce is also based at the Ålesund NMCC, where it oversees its remote monitoring, data analysis, and ship performance strategy.

Using the always-on connectivity of Fleet Xpress, EMS data is logged in real time so that its management software can optimise operational efficiency via its built-in verifiable reporting capability.

New chapter
Ronald Spithout, President of Inmarsat Maritime, said: “Ålesund opens a new chapter for the CAP programme and Inmarsat’s strategy to work with third parties on content-rich applications to populate the digital maritime world enabled by Fleet Xpress.”

“We welcome all partners, whether their motivation is to develop greater operational efficiency, improve crew welfare, IT and security, or regulatory compliance. In addition to creating new revenue streams for partners, application-triggered bandwidth allows users to choose to dedicate connectivity to specific efficiency measures or for the application to trigger bandwidth ‘dynamically’ and transparently.”;

Fleet Xpress combines Inmarsat’s Global Xpress high speed data network operating on Ka-band with the ultra-reliable FleetBroadband service on L-band. Inmarsat Maritime is seeking to increase the penetration of Fleet Xpress services in the superyacht, cruise ship and offshore rig markets, Spithout adds. “With 10,000 vessels committed for installation, Fleet Xpress is already enabling the merchant maritime industry to join the connected world, and we are only at the start of digitalisation in the industry.”

[w1ndjammer] 22/11/2017 07:55

that sounds about right Kamitora

WJ.

[frazboy] 22/11/2017 07:18

Interesting article, thanks Kamitora

[kamitora] 22/11/2017 07:01

I thought this was interesting and confirms what I'm seeing - from Questor today:

The market looks twitchy, so nervous investors may want some ballast from this bond: Marks & Spencer, Card Factory, TalkTalk, Parity and Cobham have all taken a bit of a beating as value stocks and turnaround plays have lost further favour (if that were possible), with only growth and momentum stocks offering any real succour. This emphasis on “jam today”, heightened volatility at the individual stock level and a narrowing of market leadership (only 24 FTSE 100 stocks have risen over the past month, compared with 68 over the past year) all suggest that investors need to be on their guard. Market action of this kind can sometimes herald a near-term stumble.

Now ISAT isn't necessarily a value stock per se as there's the expectation of significant growth, but it does tick some of those boxes with a high yield and - increasingly - an unchallenging P/E ratio.

I'm currently tracking 39 FTSE350 stocks matching a range of similar value criteria and until a few days ago I had the FTSE100's dividend-adjusted 25-day MA at -1.6% versus a 25-day MA of -5.4% for my value watchlist (currently -0.85% and -3.61%). I haven't seen a divergence like this since the 2007-11 crisis. What I'm seeing then is a wide range of stocks like ISAT which are being hit very hard - some have very real problems but a number of others have been talked down recently on a lot of hypotheticals.

It does feel like something fundamental (sorry) has changed in the market and as Questor notes it may portend some wider market action. As far as what's happening operationally is concerned, I don't have hard comprehensive data - just individual stock information - but my sense is that the short side are pushing some stocks hard. However, I think a lot of it is that the money is going elsewhere - as Questor suggests - to the momentum plays - not necessarily in the UK. You don't have to look far to see these momentum plays as they are headlining frequently. Even markets like bitcoin (or derivative companies/instruments) seem to be sucking in some serious institutional money - none of which helps companies with solid fundamentals but which don't have the potential to gain 50% every year until they implode.

[badger60] 22/11/2017 01:35

????...there must be 2 Inmarsats...

It's unbelievable that these cretins are paid to produce forecasts.......over the last 3 months many have been out by 100%...and a couple still are.

Wayne Rooney's driving license could issue a more accurate forecast than this shower...

[jontyone] 21/11/2017 19:00

Some encouraging news amidst all the gloom.

hxxp://advanced-television.com/2017/11/20/inmarsat-rescued-by-emirates-order/

[w1ndjammer] 21/11/2017 16:19

* Barclays upgrades Inmarsat to "equal weight", sees solid growth ahead with higher execution and competitive risks reflected in valuation 600p

[w1ndjammer] 21/11/2017 16:10

next support 462.5

WJ.

[ddubzy] 21/11/2017 15:52

Something really stinks here....I added again at 520 when Directors purchased but still we go down. Finger hovering over the sell button....

[dexdringle] 21/11/2017 15:34

Down from £8 to under £5 in 4 months.

It's going to look awfully bad if some "new" bad news surfaces. Almost like, I don't know, some people had inside knowledge or something......

[wad collector] 21/11/2017 14:16

Bought again at 475. Bit worried there is some hidden bad news , but fortune favors the brave. Sometimes.

[zcaprd7] 21/11/2017 14:06

Different one, iridium perhaps?

[w1ndjammer] 21/11/2017 11:51

wtf yield now 9%

WJ.

[w1ndjammer] 21/11/2017 11:49

next support 478.5

WJ.