Inmarsat Share Discussion Threads

[wad collector] 07/9/2010 08:32

Elsewhere, satellite company Inmarsat has added 18p to 687p, on rumours of a possible buyout. There has long been speculation that American hedge fund Harbinger Capital might make another approach for the firm.

Two years ago, Harbinger halted talks with Inmarsat after a few weeks citing the very long regulatory process involved in any bid. It still has a 28% stake in the firm and owns US peer LightSquared which has a spectrum deal with Inmarsat.

But a report in Forbes says David Bonderman, a co-founder of Texas Pacific Group, is now interested in Inmarsat. The report adds:

Bonderman, whose failed investment in Washington Mutual during the financial crisis dented his reputation, needs a potentially lucrative sizable deal. According to people familiar with the transaction, an expected offer could come in the range of $6 billion-$7 billion–something TPG can likely afford without outside partners on the deal.


..................................
Seems a bit unlikely , but you can but hope...

[philo124] 01/9/2010 23:28

Back to £7.

[philo124] 24/8/2010 08:16

Bought 1250. He who dares!

[philanderer] 19/8/2010 09:24

FLASH: Inmarsat downgraded to neutral from buy at UBS

[wad collector] 18/8/2010 14:19

I selfcongratulate on my timing.The spikey nature of the share price here does tempt me to sell again straight away but think I will wait.£8 again soon ?

[dasv] 18/8/2010 12:27

wow - didn't expect that. impressive.

sp jump after RNS at midday:-

[enami] 18/8/2010 12:13

Up to 743.50 - short covering spike?

[enami] 18/8/2010 12:06

Bit of a jump in the share price after that RNS - quite a bit of cash coming in.

"LightSquared will make a series of payments to Inmarsat totalling $337.5m:"

[wad collector] 16/8/2010 17:28

I added at 683 , if it falls further ,so be it , but this looks a long term banker to me.

[trendfloor] 16/8/2010 01:43

Tend to agree cat.

[cat] 15/8/2010 22:52

looks a short now with 100 - 200p downside

[wad collector] 14/8/2010 22:57

It's funny when you look at the Nomura statement ; it doesn't appear to be based on any new information , just a reworking of old information.
And , if you take it on face value , they are still suggesting that this might be worth 810p sometime (And I love the absence of any timescale as is the fashion) in the not too distant future.So it is clearly a bargain at 685 then!
An alternative viewpoint is that those were an impressive set of results , the current yield of 3% is OK , so ignore the well-renumerated Brokers advice and await the upwards bounce.I put in another buy order ; I favour the "illogical volatility " theory about the share price here .I suspect we will be up at £8 again before too long.
The main ling term worry to me here is the vulnerability to Technological disasters.

[volsung] 13/8/2010 11:36

oops. Broken support. Could be a nice bounce when it bottoms though

[philanderer] 11/8/2010 23:16

DTelegraph market report

"....A Nomura downgrade to "neutral" weighed on Inmarsat. Roshan Ranjit, an analyst at Nomura, said: "While Inmarsat remains well positioned long-term we are turning cautious near-to-mid-term as [the] consensus in our view already discounts a relatively high contribution from the recently launched handheld service and in-flight mobile opportunity." The shares slipped 35½ to 702½p as the broker cut its price target by 7pc to 810p."

[colva] 10/8/2010 05:03

Hi.
Have the company said what capacity these sats will have.
As i understand it AVN have 2 Ka band sats on order, each with a capacity of 8000 Mhz . I have no idea what a Mhz is, but 8000 of them sounds like a lot.
Im just trying to make some sort of comparison between ISAT and AVN .

Thanks.

[wad collector] 09/8/2010 18:03

As you say , it makes no difference if you are long.I sat (pun not intended) on these a long time previously , but it is good to make some profit on short term movements sometimes too.This time I was lucky , but I think I will sit on my holding for long term gains now too.

[eipgam] 09/8/2010 11:57

Yeah yeah Wad.... I read it the first time! Well done to you, I hope you bought a jolly big wad. It hitting 701 made no difference to me, I still have all the shares I bought at 335.

I hope to see it race to over 800.

[wad collector] 09/8/2010 10:01

Eipgam, I see my 701p buy triggered,looking for 800+ exit now- looks volatile again.

Sorry , not in UK this week, the internet connection dodgy.

[wad collector] 09/8/2010 10:01

Eipgam, I see my 701p buy triggered,looking for 800+ exit now- looks volatile again.

[wad collector] 09/8/2010 10:01

Eipgam, I see my 701p buy triggered,looking for 800+ exit now- looks volatile again.

[enami] 06/8/2010 13:26

Hi eipgam - just thought I would have a trading stake for the 700-800 range.

My core holding is from 450ish.

O/T Mondi (MNDI) results 10 Aug should be good - it's just short of ATH at the moment after putting on 25% over the last month.

[eipgam] 06/8/2010 12:47

Hi enami... thought you had taken off (haha?) somewhere else. Are you looking to multiply your recent invetment or just a margin percentage...

Sometimes I wonder if this could be one of the shares that W Buffett talks about 'find a good company... and hold it'

[enami] 06/8/2010 09:50

It's very volatile this morning. I can't see anything negative in the results.

Didn't have the funds (or courage) to add below 700. Have topped up on the last 2 dips at 710 and 725. I guess a few stops got taken out below 700.

[enami] 06/8/2010 07:24

ADVFN news not working

Inmarsat plc Interim Results Highlights



· Total revenue $570.7m up 12.2% (2009: $508.7m)

· Inmarsat Global MSS revenue $362.9m up 9.4% (2009: $331.6m)

· EBITDA $334.4m up 15.4% (2009: $289.9m)

· Profit before tax $151.8m up 56% (2009: $97.0m)

· Interim dividend of 14.00 cents (US$) up 10%

· Inmarsat-5: new satellite investment announced today

· Global handheld satellite phone launched on schedule in June

· New 5-year Inmarsat MSS revenue growth target provided
The Board intends to declare and pay an interim dividend for the 2010 financial year of 14.00 cents (US$) per ordinary share on 29 October 2010 to ordinary shareholders on the Register at the close of business on 1 October 2010.