Inmarsat Share Discussion Threads

[steeplejack] 07/9/2017 09:21

Rereading the interim report,there are details that might give rise to concern.Costs rising rapidly,declining cash flow,increasing cap ex,relatively drab maritime market,uncertainty surrounding future government contracts,competition in the aviation market.It was if Numis had decided to stress all the potentially negative things that could impact the group.Yet,Inmarsat is in a pretty good space.It's at the forefront of technological innovations,it's more than useful to national governments.I imagine that if,if this company ever got into real difficulties it would be manoeuvred into being taken over by a corporation used doing confidential government work.I'm not aware that anything radical has altered since the interim figures so I presume the below statement still holds.You might see some support as income funds come in the strip the dividend.That might help to turn the tide.This is quite a complicated business to understand.I suspect it's oversold though."We do not expect any significant changes to consensus forecasts for 2017 and 2018 as a consequence of our performance in the first half of 2017."Interim Aug comment 2017

[zcaprd7] 06/9/2017 20:03

Three year low will do me. I'm not greedy...

[ddubzy] 06/9/2017 19:38

480p as opposed to 1000p?!

[113mike] 06/9/2017 19:01

Is that wise? £4.80 is the TP mentioned?

[zcaprd7] 06/9/2017 18:57

Will pick up more at £6...

[ddubzy] 06/9/2017 16:30

Another nice drop, cheers Numis....

[phillis] 06/9/2017 07:05

22cent divi coming up

[steeplejack] 05/9/2017 17:21

"Excellent,long,detailed note", is how Alphaville describe Numis's research on Inmarsat.I'm not sure the concerns they've raised about maritime, competitive pressures in the aviation field etc etc are just going to disappear overnight.They also believe that the dividend won't be increased only maintained but that was pretty much inferred by recent company statements.Brokers might be a bunch of star gazers but even a stopped clock tells the right time twice a day.I still hold some ISAT ,but purely by chance sold a wad yesterday along with some other holdings to raise cash.The market feels fairly creaky just now.

[zcaprd7] 05/9/2017 13:39

Brokers and satcoms in particular... They don't get the technology!

[redips2] 05/9/2017 13:16

These teenage broker spivs as we all know have their own agenda.......

[andyj] 05/9/2017 12:27

I'm in, been waiting for ISAT to hit 700. A rare chance to buy a growth company that pays a dividend.

[losos] 05/9/2017 12:23

frazboy - "so basically I agree, they're guessing!"

Just 'cos they earn mega bucks does not mean they are any better at predicting the future than you or I. They are told to give a forecast share price so they do, I gave up listening to their waffle a long time ago haha.

[frazboy] 05/9/2017 11:06

some coverage of the Numis note on FT Alphaville this morning - worth reading if you're a holder (Numis formerly house broker for Avanti I think)

[frazboy] 05/9/2017 09:20

thanks egan

wad collector - yes, I guess it's very sensitive to assumptions made, so basically I agree, they're guessing!

[wad collector] 05/9/2017 08:53

Laughably Deutsche Bank reduced their target from 1020 to 1010 last month. Bit of a disparity between those views. And a 1% change in target price???
I see Jeffries International (Who they?) target 1245p
Almost as if they are all guessing.....

[ddubzy] 05/9/2017 08:51

Where'd they get 480p from?!!!!

[egan] 05/9/2017 08:45

Numis sell: TP 480p

[frazboy] 05/9/2017 07:57

why the mark down today, anyone know?

[zcaprd7] 01/9/2017 10:13

Indeed, £6 was the time to buy. I'm thinking I should have sold at £8 now though...

[wad collector] 01/9/2017 09:54

That may be a well timed buy , though the years low was 595p .

[lurker] 01/9/2017 09:00

Goes ex-div in 2 weeks...always a plus

[lurker] 31/8/2017 13:21

I am in...I always like buying at a years low...

p/e 14, yield 5.8%

Most brokers seem to have targets way above here...

[wad collector] 31/8/2017 09:00

Now a 6 month low , I see the few recent broker targets are 890-1020 which seem laughable , though SG put out a sell note yesterday .

[zcaprd7] 09/8/2017 08:40

Nor sure why they are worried about Ligado?