Inmarsat Share Discussion Threads

[rcturner2] 09/3/2018 08:21

I have sold at 450p.

[the original goldbug] 09/3/2018 08:10

Told you so!!!

[raffles the gentleman thug] 09/3/2018 08:07

There is an underlying valuation to these assets and their $750 a year and growing of EBITDA generation despite the concerns of those losing the dividend

[raffles the gentleman thug] 09/3/2018 08:05

Happy to get involved at that price

[rcturner2] 09/3/2018 08:02

In auction, looks like about 370p coming up.

[raffles the gentleman thug] 09/3/2018 07:54

And a price of 400p incidentally takes the EV/EBITDA multiple under 4.5x which would be a gross under valuation vs peers

[raffles the gentleman thug] 09/3/2018 07:52

Well it is only on EV/EBITDA of about 4.7x so rather cheap - for me the disappointment is the capex guidance because although with the reduced dividend they should now be cashflow positive, the real cashflow generation and material debt reduction won't come through until after 2020

[w1ndjammer] 09/3/2018 07:52

400p chance to buy maybe....


WJ.

[bookbroker] 09/3/2018 07:47

Large fall in share price springs to mind on that statement, very cautious in the short term, and all well and good talking about further in to the future but there lie the clouds!

[raffles the gentleman thug] 09/3/2018 07:23

At least with the dividend cut on their own improving EBITDA guidance they’ll be back to generating free cashflow and reducing debt in 2018 - although frankly one might question whether they should be paying a dividend at all giving capex cycle - but at least they won’t be borrowing to pay it now I guess

[rcturner2] 09/3/2018 07:14

Results out, dividend cut.

[bluemango] 08/3/2018 14:08

Recent chart is interesting, as I think has been commented on earlier.

Series of four 'higher lows'.

[zcaprd7] 08/3/2018 11:56

Bit of a spike? But stalled...

[bluemango] 08/3/2018 11:50

Whoosh.

Results leak?

[w1ndjammer] 07/3/2018 08:08

Inmarsat and ESA to modernise ATM over Europe
06 March 2018: Inmarsat has signed a major contract with the European Space Agency (ESA) to develop satellite communication services that enable 4D trajectory air traffic management (ATM) in European airspace from 2020.



WJ.

[redchef] 06/3/2018 11:31

Aleman, ISAT was originally listed amongst the trade delegation just days before they flew out

[redchef] 06/3/2018 11:30

HammersI can't find a working link. It may have been the CNBC.COM interview from 28/01/18 but won't play on my mobile or is no longer available

[aleman] 06/3/2018 10:56

If ISAT has been running an office and signing contracts out of Beijing for years, does a trade junket matter? I grant a junket usually indicates a significant contract will be signed during the visit but what does it matter if they are already being signed routinely?

[hammers976] 06/3/2018 10:53

Redchef, do you have a link to that interview?
Thanks

[redchef] 06/3/2018 10:35

Only a month ago the CEO was interviewed and said he couldn't understand the share price given the Dividend Yield. Which I took to imply dividend rates would be maintained.At the same time I was expecting g ISAT to accompany TM on the Chinese trade mission. Does anyone know why they didn't go?

[zcaprd7] 06/3/2018 08:32

We'll find out soon enough, I think we might be a bit early, the numbers will be uninspiring, because they are a historic snapshot ...

[rcturner2] 06/3/2018 08:20

I have loaded up with 10k ISAT shares, I think this is totally mispriced. ISAT is a highly profitable business with very good prospects going forward.

[kamitora] 05/3/2018 19:00

Just published:

In-flight WiFi battle over Europe takes off


"That is set to change with the advent of the European Aviation Network (EAN), a purpose-built system for in-flight communications developed by Inmarsat, the London-headquartered satellite operator, which is due to go live in June. The service will deliver broadband speeds that are equivalent, if not faster, than those available in most households over fixed-line services."

Good article if you have access beyond the paywall.

[w1ndjammer] 05/3/2018 12:43

05 March 2018
Inmarsat and Airservices Australia partner to improve aviation safety and efficiency
High-speed satellite voice communications evaluations to be deployed for air traffic services.

[ptgint] 05/3/2018 09:28

I agree with everything you said, steeplejack.