Inmarsat Share Discussion Threads

[wad collector] 29/10/2014 12:09

Get outta here!

[aomar] 28/10/2014 23:39

Options_Guru is now using twitter , spread the news






this is ur last chance to make a difference get there and join the money makers.

[aomar] 28/10/2014 23:39

Options_Guru is now using twitter , spread the news






this is ur last chance to make a difference get there and join the money makers.

[wad collector] 28/10/2014 23:36

As 5th November is approaching , a reminder about the top-end firework displays. Fortunately this one not ISATs.

[wad collector] 09/10/2014 12:14

01 October 2014

Inmarsat reports non-payment by LightSquared under Cooperation Agreement

1 October 2014 - Inmarsat today announces that a payment due from LightSquared under the terms of the Cooperation Agreement between the two companies has not been received. As a result Inmarsat has issued a notice of default to LightSquared in accordance with the terms of the agreement.

On 30 September 2014, a quarterly Phase 2 payment of US$12.5 million and a related payment of US$5.0 million became due, resulting in an aggregate amount due from LightSquared of US$17.5 million. This payment has not been received.

On 1 October 2014 Inmarsat issued a notice of default to LightSquared under the Cooperation Agreement. This notice triggers a period of 60 calendar days during which LightSquared can remedy the payment before Inmarsat is entitled to enforce its rights and remedies under the agreement for payment default, including pre-agreed spectrum arrangements and termination of certain LightSquared rights under the Cooperation Agreement.

The revenue generation of Inmarsat's group business remains unaffected by today's announcement.



Well no surprises there then..

[wad collector] 22/9/2014 17:14

That was a sneaky little rise into the Bell - up 17p in the last hr. Wonder what it heralds tomorrow?
Investors day on Wednesday , doubt that is the cause! Xd end of month. That neither.

[losos] 15/9/2014 10:14

Wad - "Investors are cautioned that this announcement provides no guarantee that any further payments will be received from LightSquared."

That's it, finished, gone, end of story. Thankfully not the end of the world for ISAT. Waiting now for some announcement on new timetable for the remaining two satellite launches, then we can all sit back and enjoy the ride ha ha.

[wad collector] 29/8/2014 10:45

Presume today's drop is related to the lightsquared announcement , that they have stumped up today but....
"Further payments from LightSquared are subject to significant uncertainty. In May 2012, LightSquared filed for a reorganisation under Chapter 11 of the United States Bankruptcy Code and is yet to complete a reorganisation process that would allow LightSquared, among other things, to fund its further operations including payments to Inmarsat. Investors are cautioned that this announcement provides no guarantee that any further payments will be received from LightSquared."

[2ngh] 16/8/2014 11:05

Need 700 to hold otherwise a quick trip to 670 possible.

[losos] 15/8/2014 15:35

Wad, thanks, so it's actually two satelites which are waiting to be launched, let's hope the launch people can sort out the problem and get ISAT fully operational. Can ISAT insure against this sort of delay I wonder ?

[wad collector] 14/8/2014 14:41

Thanks , few pence up on that one . Here is the May announcement;

16 May 2014

Inmarsat comments on Inmarsat-5 launch schedule

Inmarsat has a contract with International Launch Services ("ILS") for the launch of two Inmarsat-5 satellites ("F2" and "F3") using the Proton launch vehicle. These two satellites will complete our Global Xpress ("GX") network of three satellites and allow for the start of GX services on a global basis. The first Inmarsat-5 satellite ("F1") was successfully launched using Proton in December 2013 and remains on track to begin commercial operations in July 2014.

On 15 May 2014, a Proton launch vehicle failed shortly after lift-off, resulting in the loss of its satellite payload. The cause of the failure will be assessed by a process known as the Failure Review Oversight Board ("FROB") and a report of its findings is expected to be completed in the next two months. While the conclusions of the FROB will be important in determining the impact on our launch schedule, we believe a delay in the planned launch of both the Inmarsat-5 F2 and F3 is now likely, which would delay the launch of GX services on a global basis. However, the start of commercial GX services on a regional basis using F1 (and F2 in due course), as well as existing customer commitments to purchase GX services, will not be impacted by any delay in global service availability.

Inmarsat's existing L-band business is entirely unaffected by any GX launch delay and continues to trade in line with management expectations.

[losos] 14/8/2014 11:20

wad collector - Well done to add at 694

Did I read somewhere that ISAT's 3rd. satellite launch has been delayed due to the failure of a recent rocket launch. Shame because they need that 3rd. satellite to complete the 'round the world' coverage for their Global Express service. But, it will come on stream at some point and then the share price should motor.

[wad collector] 08/8/2014 17:59

Added at 694. These seem to have become a bit volatile , on the basis of little news and less logic in my view.( Well, not strictly true , they did produce interims 2 days ago , which are a bit skewed by lightsquared , but within the predicted range)

[wad collector] 31/7/2014 09:52

728 and I will have those back again , plus 5%. I like a bit of illogical volatility .

Triggered later. I do like my holdings to work for me ,not just meander ,at the risk of missing a bigger rise.
Set another buy limit for 698 ; I will have some more at that price.

[wad collector] 18/7/2014 16:14

Ah , finally triggered the sell limit. One of these days the share price will break out again.

Sadly no need to use ISAT to find today's Malaysian airline.

[wad collector] 02/7/2014 09:16

Sp charging upwards again , will soon hit my 768 limit for my trading stake at this rate. Global Xpress probably helping.

[redips2] 30/6/2014 10:28

All good .

[wad collector] 17/6/2014 13:03

Malaysian MH370: Inmarsat confident on crash 'hotspot'


Bit more publicity for ISAT.

[wad collector] 13/6/2014 09:50

The illogical volatility of the Market ; 3 days later I am buying back on a 5% profit , at 728 and yet , what really has changed about ISAT in the last 3 days? The interest rate possibilities explain todays small fall , but the share price fluctuations seem often random , or manipulations.
Still , happy to profit from them.

[wad collector] 11/6/2014 13:04

Until you get the bill.
Thanks , I had forgotten about Light Squared , but classic over-reaction of share price to news.

[losos] 11/6/2014 12:07

wad collector - IIRC the capitalisation issue was tied up with the Light Squared fiasco, ISAT were clever in that they were not involved directly but had rented out some of their spectrum and were faced with the prospect of loosing that (considerable) revenue, bit like a landlord who finds one of his tennents doing a moonlight flit, but as with the landlord ISAT found other revenues and now look to be on a winner with the 'on board' broadband for airline passengers.

When I think back to all the muppets I've been forced to sit next to and listen to when flying I wish I could reset my life back about 20 years !!

[wad collector] 10/6/2014 13:54

That graph is a reminder of where this company once was. I never really understood why its capitalisation halved , but glad it did.
I have put another sell limit for 774 ; still think there will be weakness ahead sometime.

[shauney2] 10/6/2014 13:11

ISAT close to breaking out.
Boadband on passenger planes.The whole world can look at their smart phones now instead of engaging with one another.

[redips2] 10/6/2014 12:11

Onwards and upwards, looking good .

[wad collector] 06/6/2014 12:31

752 limit sell set on last months 687 buy ; it is becoming a bit of a traders share.