Inmarsat Share Discussion Threads

[badger60] 25/1/2019 08:29

zcaprd7ISAT will soon be on a share price parity with AVN at this rate..... ;+(

[dexdringle] 24/1/2019 09:27

I would imagine that, if a new one does come, the chances of the offer anything like as high as the one last year are approximately zero.

[zcaprd7] 24/1/2019 09:20

Errm, yeah, any news on ligado?https://insidegnss.com/ligado-related-lawsuit-recommences-january-2/

[argylerich] 23/1/2019 17:38

Echostar pulled the offer on 6th July, so surely that makes it 7th Jan?

[zcaprd7] 23/1/2019 08:58

7th of February isn't it?

[argylerich] 18/1/2019 10:21

Well the 6 months is well and truly up now, so how long before the first rumours start again? And would the board be so quick to say no again if an offer was pitched at the same level?

[argylerich] 05/12/2018 14:39

nothing on Alphaville this morning...

[wad collector] 05/12/2018 13:36

Ah , I like to see a good bid rumour started...

[bagi58s] 05/12/2018 13:28

Is there a bid for Inmarsat?

[argylerich] 02/12/2018 21:12

Possibly also reduces the chances of an international takeover?

[steeplejack] 02/12/2018 19:08

I guess that the Galileo EU/U.K. spat is well appreciated and probably discounted in the ISAT price.If the UK goes on develop its own system could this be good news for Inmarsat? ...Are they capable of fulfilling such a requirement if requested or would wheels start grinding in the background to get the company tied up with a corporate partner. Britain intends to build its own satellite navigation system after being frozen out of the EU's Galileo project by Brussels because of Brexit. “After months of fruitless negotiation over the space programme and after sinking £1.2 billion into the project, Theresa May said the UK would aim to build its own system instead.” Daily Telegraph 1Dec 2018

[bluemango] 27/11/2018 22:12

Merian short still reducing, below 1% again now, for first time since Sept.

[bluemango] 24/11/2018 12:20

Aggregate short positions now negligible, just Merian (ex Old Mutual) with a reducing short, now down to 1.07%. All the others are below the reporting threshold. Overall short now down to levels last seen in the second half of 2016. Draw your own conclusions; mine is that this is a reasonably positive signal for future direction.

[argylerich] 22/11/2018 16:39

Losos, you spoke too soon!

[losos] 22/11/2018 14:50

It's the only one on my ADVFN screen which is blue, only 0.1% 'tho haha

[wad collector] 22/11/2018 09:22

Oh dear another 6 month low despite the market having perked up a little. Need a serious bid rumour!

[zcaprd7] 12/11/2018 08:18

7th of July EchoStar dropped out of bidding, so February they can come back...

[ortis23] 10/11/2018 09:03

Well that was painful. If this is all down to lower maritime growth and overall profit then perhaps more attention should be paid to aviation growth. By my calculations if aviation continues to grow at 30% per quarter it will overtake maritime revenue in less that 3 quarters. Have I got that wrong? That's without EAN which is now slated for early 2019. State owned Indian partner applied for permissiom to build IAN this week with 500 towers. I've not yet researched Indian air mile and internet usage growth but would guess it's not small.

[pugugly] 09/11/2018 13:46

zcaprd7 - You have used the naughty word - BID many muppets jumping in too soon ?? I was looking for at least another 10% retrace ---

[zcaprd7] 09/11/2018 10:30

Needs to be put out of its misery... When can the bidding begin again?

[steeplejack] 09/11/2018 09:40

https://www.thetimes.co.uk/article/shipping-drop-leaves-inmarsat-all-at-sea-92mr5b6r0?shareToken=3678e9d7274377bb9080fa8859811b4a

[steeplejack] 08/11/2018 19:10

Sentiment isn’t helped by the fact that ISAT appears on Dr Edward Altman’s “Red” warning list on his Z-score system.Altman contrived a method in the 1960s of identifying companies likely to go bust.He looked at various ratios and boasts a 72% accuracy rate.Anyway,Inmarsat ,along with companies like Mitchell and Butler and Debenhams are flashing red.Its a worry because one senses the management are pursuing what could prove to be disappointingly low margins in a very competitive aviation market when it comes to inflight systems,while maritime continues to struggle.An inability to do simple cash flow computations is a given with ISAT as its past dividend policy suggests.Perhaps the company mistakenly believes that its still quasi government owned and will be baled out in an emergency.

[the original goldbug] 08/11/2018 14:54

The dividend is the root of all evil in this company. I’m seriously still amazed that the halfwits running this company continued to pay it for as long as they did.

[zcaprd7] 08/11/2018 09:32

For now they pay a dividend, but earnings a debt might see an end to that.What caught my eye was another 3 years of £500m a year CAPX, and I thought that is mostly done by this year? Are they building spare satellites or something? Terrestrial infrastructure for aviation perhaps?

[steeplejack] 08/11/2018 08:50

True,but in their case,they paid too much for too long and then suddenly realised that their cash flow was inadequate to fund the level of dividend.They lost the plot as far as cash flow was concerned.Not good.