Inmarsat Share Discussion Threads

[my retirement fund] 22/5/2018 09:02

One can see where ownership of Immarsat is headed. Into the hand of a consortium of debt holders imo.

[my retirement fund] 22/5/2018 08:58

I dont know much about the technology but suspect Iridium new generation of satellites will be able to offer global safety for planes rather than the limited cover granted by the aviation bodies at present.Presumably that will be another service on offer at far keener prices?

[fenners66] 22/5/2018 08:56

wskill - they do not need to get isat kit users to dent profit here.
If they offer a service at a serious undercut - then the obvious and arguably more likely scenario is the ship owner goes back to ISAT and asks for a discount , and gets it or ISAT risk losing business.

That is why monopolies are so valuable - you can charge what you like - until the competition comes along.

I had asked back through this thread what about the competition - now we see evidence of some coming and the share price has reacted.

[extrader] 22/5/2018 08:53

Hi all,

The Iridium threat doesn't appear to have featured in any analyst research I've seen....yet this has apparently been a potential threat to business for a number of years....

Sheesh !

ATB

[my retirement fund] 22/5/2018 08:51

The new upgraded iridium satellites are already being launched en-mass. Space X delivered a clutch end of 2017. Perhaps to roll out will be completed sooner than imagined.

[wskill] 22/5/2018 08:38

Have had the iridium phone onboard for years just been removed as never used not ever been a great link first they will have to provide decent equipment and not the older generation stuff they have provided in the past.
All the Inmarsat equipment onboard is on long term lease same for most vessels so unlikely they can take present ships from Inmarsat we are talking about the new build market iridium is after starting from 2020.
They will have to undercut by very large margin to get shipowners to use their kit make more sense to buy isat.

[wad collector] 22/5/2018 08:31

Just when it seemed the share price was recovering....
Maritime was 40% of Q1 earnings.

[kamitora] 22/5/2018 08:14

It's the Iridium news obviously. See above.

[g2theary] 22/5/2018 08:10

Will be a broker note (downgrade)

[gark] 22/5/2018 08:06

No announcement and down this much?

[curlly] 22/5/2018 08:05

whats up here today

[kamitora] 22/5/2018 08:05

Iridium breaks Inmarsat monopoly on maritime safety communications



"Iridium said it expects to begin GMDSS service in 2020. The International Mobile Satellite Organization will monitor Iridium’s GMDSS implementation, Iridium said."

[g2theary] 21/5/2018 22:33

? I had been at a spar Thursday Friday so lost track of days...

[linton5] 19/5/2018 08:26

One to many sherbets jock tmmw is Sunday let’s go for 666

[g2theary] 19/5/2018 00:37

Get ready for the 400p crossing tomorrow... absolute bargain this IMO

[zcaprd7] 14/5/2018 11:35

Tricky £4 level breached...

[lomcovaks] 09/5/2018 23:08

From the FT:



Farewell to the blissful solitude of the long-haul flight.

"..... And now, it may be over for good. This year, Deloitte forecasts, about a quarter of the world’s aircraft will be equipped with “ in-flight connectivity ”. WiFi is coming to the skies. In much of the US, it is already there. In Europe, International Airlines Group, made up of British Airways, Iberia, Aer Lingus and Vueling, is rolling out in-flight internet. So is Qantas, and many others.

Deloitte says it has so far been mostly business travellers who use onboard WiFi, passing on the expense to their companies. But ordinary flyers want it too. “Demand for connectivity is now so strong that consumers would prioritise it over most other amenities,” Deloitte says. One survey found that, offered a range of in-flight services, 54 per cent of flyers would opt for WiFi — nearly three times as many as would choose a meal."

Short snippet for news access. You can read the full article as it's not paywalled.

I'm hoping that by accumulating a modest amount in ISAT now, everyone else will later wake up to the potential for future earnings and push the price back up slowly.

[zcaprd7] 08/5/2018 09:58

Seems perky today? Any news?

[bluemango] 04/5/2018 13:45

Blackrock and Blue Mountain shorts dropped below notifiable threshold. Aggregate short now 5.53%.

[zcaprd7] 03/5/2018 14:20

I don't think inmarsat has "renumerated" enough... Fairly solid numbers, but nothing special? Two steps forward... Etc.

[wad collector] 03/5/2018 08:33

Talking of numbers , yesterday's gains seem to have evaporated already today. One for the patient, ISAT.

[kamitora] 03/5/2018 08:33

RBC reiterated outperform