Inmarsat Share Discussion Threads

[zcaprd7] 09/1/2018 15:17

Till about £6 I guess...

[rcturner2] 09/1/2018 13:40

500 seems like the crucial price at the moment.

A clear break above that would be a strong signal.

[aleman] 09/1/2018 12:48

Well I might have to redraw my chart a few times, since it is close, but the share price looks to have probably broken out of the 6-month downtrend yesterday. Interestingly, it also looks like an inverted head and shoulders pattern forming, which one often sees in a change from a down channel to an up one.

[enami] 09/1/2018 12:15

bluemango I got the information from my broker website (II) which comes from MorningStar

Outlook
(09/11/2017) ceo - "...I remain confident about the medium to long term prospects for the company"

Next Event 08/03/2018 Next prelim announcement

[bluemango] 09/1/2018 11:29

Enami, is 8th March an estimate for results date because that was the date for 2017, or have you had this date confirmed for 2018? Can't find it on any financial calendar. Thanks.

[enami] 08/1/2018 08:22

Results due 8 March

Off the bottom but needs to close over 520 to break the downtrend.
Taken a small position here today.

My target 554 to 610 based on Fib extension of first Wave.


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[kamitora] 06/1/2018 14:54

Deutsche reiterated buy yesterday with an 850 target

[bluemango] 06/1/2018 12:17

Small increase in aggregate short position, with AQR and Blue Mountain both adding to their position but Marshall Wace reducing theirs. 6.11% total. Delay in reporting means this reflects market activity as at last Wed 3rd Jan when price dipped from 495 to 466.

[aleman] 05/1/2018 17:31

Having a good go at breaking out of 7-month downtrend today but wider 2-year one still running. Downside target 420p. Upside - not sure. Possibly midchannel 580p? Then horizontal 610p.


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free stock charts from uk.advfn.com

[rcturner2] 05/1/2018 16:21

The chart is improving and that may be encouraging buyers.

[cliffo2] 05/1/2018 15:43

Possibly entering recovery phase of sentiment cycle, although slightly risk adverse at this early stage.
Some shorts beginning to close having reached targets and momentum of negativity waning.
Technically - divergence of price action and indicators on previous swing lows.

[enami] 05/1/2018 15:11

Plus 5 percent here, what's the reason? Last sold out in April AT 851.

[zcaprd7] 05/1/2018 12:56

That being said, they are being a bit sneaky and using a hybrid terrestrial/satcoms approach... Satcoms is basically pants and expensive!

[zcaprd7] 05/1/2018 12:54

Indeed, they been spending loads, but the final bits all fall into place this year, after that, it's the usual replacement costs (satellite use gas to maintain geostationary orbits, which runs out after 15 years).To be fair, the programme was an overhaul of the existing constellation, and then they realised with all the extra throughput of the modern satellites, they could better chase the aeronautical market.

[losos] 05/1/2018 12:40

zcaprd7 - I could be wrong but I thought that some the CAPEX they are doing now was to set up 'in air' broadband i.e. enabling passengers to access the internet and speak to people. As you rightly say this takes time, but if they can pull it off they are surely onto a winner.

To say the 'market always gets it right' is only true if you are a short term 'trader' type person (Yes, many on here are exactly that) but long term I still think they are worth holding.

[steeplejack] 05/1/2018 11:27

Disclosed positions in INMARSAT PLC (ISAT)AQR Capital Management, LLC 2.82% 0.12% 21 Dec 2017BlackRock Investment Management (UK) Limited 0.79% -0.02% 21 Nov 2017Marshall Wace LLP 0.87% -0.12% 27 Dec 2017OLD MUTUAL GLOBAL INVESTORS (UK) LTD 1.10% 0.10% 18 Dec 2017Total 5.58%

[zcaprd7] 04/1/2018 14:21

Given it take 3 years to build a satellite, and usually more, plus launch delays etc, I think they are in a safe place...

[aleman] 04/1/2018 12:01

Interesting chart. Looks like it might have a go at breaking descending resistance soon. It will either break the downtrend or fall sharply again. The 20-day average has levelled out and the 50-day is slowing its fall, possibly indicating improving sentiment. Averages chart looks a bit like the start of last year.

[w1ndjammer] 04/1/2018 11:52

Mining businesses see IoT as key to remaining competitive
04 January 2018: Businesses in the mining industry are backing the Internet of Things (IoT) to help them retain their market share as competition in the sector intensifies, the quality of seams decreases, and profit margins are put under pressure.

[w1ndjammer] 04/1/2018 11:31

Inmarsat signs Fleet Xpress deal with Eros A/S
04 January 2018: Norwegian fishing company Eros A/S has signed a contract with Inmarsat Maritime to install Fleet Xpress on three high-end fishing vessels operating in the North Sea, Norwegian Sea and Barents Sea
The Alesund-based operator signed the contract at the opening of Inmarsat’s new office at the Norwegian Maritime Competence Center in the town.

“Fleet Xpress will quadruple the connectivity speeds we are currently getting and the integrated back-up of FleetBroadband provides a huge advantage when operating in these regions. This gives us a high-speed solution with back-up, which is vital for crew retention and operational demands such as catch reporting,” said Per Magne Eggesbo, CEO of Eros A/S.

Vital link
Inmarsat recently extended its Fleet Xpress coverage to support fishing companies operating all the way north to the 0° elevation contour in the Barents Sea.

“Fleet Xpress not only helps fishing operators benefit from higher speeds and capacity, and utilise real-time data to maximise vessel performance and provide regular catch-reporting to shore, but in some of the harshest conditions in the world it provides commercial fishing crews with reliable connectivity and a vital link to friends and family,“ said Ronald Spithout, President, Inmarsat Maritime.

[aleman] 04/1/2018 10:26

Market wrong with CLIG, IRV, DEB, BT.,PHNX, GVC, GLIF, FIF, IGR in the last recession. The market gets it wrong often enough.

Forecasts suggest about a 10% rise in net debt over the next 3 years to keep the dividend funded - during which time the company is expected to grow due to the current high capex. If there is disruptive technology coming and they managed to reduce the planning cycle from years to months, why can't any shorters tell us where it is coming from? You could be right that disruption will hit the company over 3 years - now excuse me while I sell all my investments on the same basis and have no income to live on.

[rcturner2] 04/1/2018 08:10

"In my experience,when a stock falls like this,the market is invariably right."

An interesting sentiment. Berkeley is a good example of where the market got it wrong, heavily shorted too.

[zcaprd7] 04/1/2018 02:39

Fenners, your analysis is perfectly reasonable, but simply does not apply to satcoms.They are at the cutting edge, and it's not generic bandwidth floating around up there.

[bscuit] 03/1/2018 21:30

Still in profit.... just, but divi rate says it all. I'm selling.

[fenners66] 03/1/2018 19:28

I looked at ISAT for dividend last year before the share price fall.

I decided since the dividend was not covered there were better alternatives.

That is a point that many miss - not whether or not the numbers stack up over the medium term - but whether other companies have numbers that stack up better.

Not covering a divi with profits is one thing; not even having the cash flow to cover it is another.

You may say that borrowing for 2 more years is ok as they will then be in profit ..... and canal owners and operators probably said exactly the same thing - what can possibly go wrong ?

Well the market looks forward so lets say they load up the balance sheet with more debt and during that time some disruptive tech is developed , and sure it takes a few more years for it to take hold, but by then the market already anticipates the competition and the share price starts to fall?

Is there no spare capacity with existing satellites? What if someone else goes bust and is bought cheap? To exclude the possibility that for the medium term there will be any competition is irrational - because if the market is that good - someone else will want a piece of it.