Inmarsat Share Discussion Threads

[sea_gull] 06/3/2008 11:15

cnat believe i took a position here yesterday, just going to hold & hope those bid rumours come true.

[steeplejack] 06/3/2008 10:52

I'm out.Funny market.Make a swift 50% in Eurasian,and lose a wad in a stock i would have thought a steady eddy until recently.I'm a little bit annoyed that they seem to try and disguise the magnitude of the sharp slowdown in the final 3 months.Not that it'll be lost on the analysts.

PS If the slowing was down to volume rebates ,they should say.Contributory perhaps but i'm not convinced.

[phillis] 06/3/2008 10:48

Q4 is when the volume rebates kick in.
Pretty basic accounting. I was accruing expected volume rebates over the full accounting period 30 years ago!

[hectorp] 06/3/2008 10:39

Not at all as good as many expected?
with 30% out on loan, it will be hard for them to pull their boots up for that FTSE entry.

[steeplejack] 06/3/2008 10:22

"Inmarsat said that trading conditions in maritime, land and aeronautical
sectors remain positive, although it expects the leasing business to be flat in
2008.
The London-listed company said it expects its cost base to be hit by the
devaluation of the US dollar that occurred in 2007, and which has fed through to a deterioration in the average rate at which the company has hedged its 2008
sterling operating costs from 1.81 usd in 2007 to 2.01 usd."

Things have slowed.Pretax at the interim was up 63.7% or some $30.3m.For the full year profits are up $35m.So things were pretty pedestrian as the second half moved into the final quarter.I think i'm right in observing that 4th Qtr pretax was actually DOWN on the 4th QTR of 2006.....$14.3m vs $15.3m......

[hectorp] 06/3/2008 09:52

Results so good its marked down 34p.

Look forward to conference call/ Broker updates.. hopefully.

[matrix74] 06/3/2008 09:24

Shroder, just reading what you have said about Lehman covering their positions with calls?i can not see any options out there>are there covered warrants?how do you know this?our analyst is very bullish on this stock and would like to know your view on these calls n where i can get the info
tia

[shroder] 06/3/2008 09:11

Good results on the surface but missed picking up a few more, maybe later

[hectorp] 06/3/2008 08:46

I can only 'trade' them Phillis, dont have cash for the long term.
Lost a packet by 08.15 today, thats me out.
edited back in.

[phillis] 06/3/2008 08:39

Morning H

Just added a few more

Blue skies here!

[hectorp] 06/3/2008 08:32

Ouch! stopped out before I got to my screens today.
PS tipped in the FT.
H.

[steeplejack] 06/3/2008 08:27

Good figures.Strange i suppose that a bank like RBS feels able to up its div payment by 10% but ISAT only increases their div by 8.3%
Stocks like this aren't really the defensive animals they appear to be.Technically looks horrid and a very thin market.Hey ho.

[shroder] 05/3/2008 19:26

Lehmans are worth a mention as they appear to be trying to put a corner on the shorts by dropping their postion with a public RNS but in the background have covered the sale with calls.

[shroder] 05/3/2008 19:22

Hectorp, its big boys traded share no doubt about that but you do have a sound company behind it which maybe going into the FTSE100 with almost 30% of its stock on loan, unheard of.

There are a couple of hedge funds that beleive a bid is on the cards and have taken sizable stakes -

[jsmith10] 05/3/2008 13:33

Seen Inmarsat have got a mention on www.traderbanter.com about a possibly 550p bid today. That could explain the rise possibly.

[phillis] 05/3/2008 10:16

Just sit tight

[hectorp] 05/3/2008 09:22

Morning Phillis,
is moving fast already today. Managed to buy several K at 486. Thanks to Shoroder over there.

[phillis] 05/3/2008 09:19

Not sure of the history apart from the fund raising for the acquisition. Chunky holders who are probably going to take this out. Could be ugly for the shorters. Happiness!

[hectorp] 05/3/2008 09:09

Hi Shroder, Phillis
why 25-30% on loan?
seems excessive as the company looks pretty sound?
PS
off topic I like these with positive recent activity in all, and hold
RAV DDC CFU

[shroder] 04/3/2008 08:17

£5 today anyone, had four/five attempts yesterday -

[shroder] 27/2/2008 20:34

4 away from auto entry - the 30% short side are going to do everything in the power to hold this one back, let the games commence -

[shroder] 27/2/2008 20:28

if lehmans put the squeeze on this with a couple of others they will push it into the 100 then the rest of the trackers will join the fray -

[shroder] 26/2/2008 14:24

Theres is risk at this level but with a third of the stock out on loan, lehmans putting on the squeeze with another 15% with the looming prospect of FTSE100 listing -

Very good odds imo

[shroder] 26/2/2008 08:37

Couldnt resist it any longer, back in with a foot in the door -

[robson1974] 18/2/2008 19:07

Cute, maybe questionable behaviour but extremely funny for the bystanders.