Inmarsat Share Discussion Threads

[zcaprd7] 04/2/2018 17:21

Why reduce the dividend, most of the investment has been done?

[kamitora] 03/2/2018 16:27

"The “best Wi-Fi” is classified as satellite-based broadband services, such as systems provided by Gogo Inc., ViaSat Inc. and Inmarsat Plc. Those newer technologies are seeing the largest adoption, with an “extraordinary” 129 percent growth over the past year, Routehappy Chief Executive Officer Robert Albert said in a statement."

[kamitora] 03/2/2018 15:56

Inmarsat Is A Cheap Stock But Is It Worth It?

[wskill] 03/2/2018 10:45

At least you know what the extra borrowing has been spent on dominating the flight market reciprocating what isat have been doing in the maritime marketWell done to management I say and as a long term investor we should reduce the dividend to increase investment in this growing sector.

[w1ndjammer] 03/2/2018 08:21

Eurowings becomes world’s first low-cost airline to offer GX Aviation



WJ.

[w1ndjammer] 02/2/2018 07:59

Campbell Shipping migrates to Inmarsat Fleet Xpress
Ship management company headquartered in Nassau, The Bahamas to migrate its fleet of 13 dry bulk carriers to Fleet Xpress.

[w1ndjammer] 01/2/2018 08:35

maybe these big boys should start buying some stock....



WJ.

[zcaprd7] 01/2/2018 08:08

Given what happened to capita, I'd say the opposite....

[eastbourne1982] 31/1/2018 22:23

Debt is way too big here.

[steeplejack] 31/1/2018 22:03

Given Carillon and Capita,might ISAT now be able to announce a cut in dividend and trumpet "prudency"when it declares figures in March?

[zcaprd7] 31/1/2018 09:35

Good, waste of time, what a bunch hangers on, looking for gongs...

[davemac3] 31/1/2018 09:29

looks like ISAT didn't go to China with the PM

[steeplejack] 31/1/2018 05:54

Disclosed positions in INMARSAT PLC (ISAT)Notice: We no longer track disclosures after they drop below 0.5%. It is possible that the manager still holds a short position even if we are showing it as zero.Fund % short change Date changedAQR Capital Management, LLC 3.09% -0.03% 26 Jan 2018OLD MUTUAL GLOBAL INVESTORS (UK) LTD 1.10% 0.10% 18 Dec 2017Total 4.19% Short positions now down to 4.19%

[zcaprd7] 30/1/2018 17:20

They are being cautious, but guidance narrowing is a good sign...

[w1ndjammer] 30/1/2018 16:46

ho and the share price was knocking on the door of 800p

WJ.

[wskill] 30/1/2018 16:25

Yes I know it does not fill you with joy but the glass is always half full with ISAT see below half year outlook.

Outlook & future guidance

We remain confident about the medium to long term outlook for Inmarsat. However, whilst we have delivered a robust performance in recent quarters, our markets remain challenging and the outlook continues to be difficult to predict. Inmarsat's performance in 2017 and 2018 will continue to be particularly determined by our results in the IFC market and in the Government sector, as we outlined at our 2016 preliminary results in March 2017.

Given the combination of these factors, we reiterate the guidance originally disclosed in March of:
-- 2017 revenue, excluding Ligado, of $1,200m to $1,300m;

-- 2018 revenue, excluding Ligado, of $1,300m to $1,500m, including a contribution from I-5 F4;
-- Capex at $500m to $600m per annum for each of 2017 and 2018;
-- Annual GX revenues at a run rate of $500m by the end of 2020; and

-- Leverage (Net debt: EBITDA) to normally remain below 3.5x, compared to 2.5x as at 30 June 2017.

As previously highlighted, going forward, the Group's EBITDA margin will be adversely impacted by the inclusion of additional lower margin service revenues related to IFC, by the cost of investment in IFC market capture and by higher central operational delivery costs.

We do not expect any significant changes to consensus forecasts for 2017 and 2018 as a consequence of our performance in the first half of 2017.

[w1ndjammer] 30/1/2018 15:53

worth a listen

[9degrees] 30/1/2018 14:51

Inmarsat off to China today/ tomorrow as part of the Prime Minister's visit. One of only 40 businesses to be invited to present .
This will be really good publicity and probably future business which is what it is all about

[wskill] 30/1/2018 13:47

So no change from 3rd quarter outlook then as below but market cap is now more than 50% off its high due to investment required to build a dominant market position in flight sat comms weird UK institutions is all I can say.

Outlook & future guidance

The progress being made in Maritime, Government and Aviation provides confidence about the medium to long term outlook for Inmarsat. However, our markets remain challenging and the outlook continues to be difficult to predict. Inmarsat's performance in 2017 and 2018 will continue to be particularly determined by our results in IFC and in Government, as we outlined in March 2017.

Given the combination of these factors, our guidance is as follows:

-- 2017 revenue guidance, excluding Ligado, narrowed to $1,225m to $1,275m, from $1,200m to $1,300m;
-- 2018 revenue guidance, excluding Ligado, of $1,300m to $1,500m (unchanged);
-- Capex guidance of $500m to $600m per annum for each of 2017 and 2018 (unchanged);
-- Annual GX revenues at a run rate of $500m by the end of 2020 (unchanged); and
-- Leverage (Net debt: EBITDA) to normally remain below 3.5x (unchanged).

As previously highlighted, and as our results for 2017 to date continue to clearly demonstrate, the Group's EBITDA margin is being adversely impacted by the inclusion of additional lower margin service revenues related to IFC, by the cost of investment in IFC market capture and delivery, and by higher central operational delivery costs.

[zcaprd7] 29/1/2018 19:48

No, not at all. Inmarsat shares fall, no smoke without fire as you say, they must be bad. Cryto-currencies go up, they must therefore be good?