Inmarsat Share Discussion Threads

[kamitora] 01/11/2017 15:23

Morgan Stanley have ISAT in their 'Space 20' portfolio $1.1 trillion market today:

[undervaluedassets] 01/11/2017 12:16

volatile .. was ever thus. .

Just normal isn't it..

post 2328

[zcaprd7] 01/11/2017 11:48

Let's see what happens when New York opens...

[ddubzy] 01/11/2017 11:13

This stock on AIM?? So volatile!

[zcaprd7] 01/11/2017 09:38

At least there was some buying yesterday, still seems weak though?

[bluemango] 31/10/2017 17:39

After hours 1m trade at 621p, top of today's share price range.

A cool £6.6 million commitment.

[steeplejack] 31/10/2017 16:14

Umm well despite my dismissal of the US having any meaningful influence ,they do indeed seem to perk up on the smallest of US buying.

[steeplejack] 31/10/2017 13:40

Very true,it might not be a portfolio favourite for US funds but it enhances the appeal for US corporate predators......but would the UK Government allow it to be taken over?

[zcaprd7] 31/10/2017 12:01

Presumably a weak sterling does make this a takeover candidate at these levels for a US firm though?

[steeplejack] 31/10/2017 10:42

Pleasing to see that my scepticism about ISAT's inherent merits is resulting in a tidy rally in the share price.If I sold,the shares might be expected to double :)

[steeplejack] 30/10/2017 22:29

Oh I see,you believe that US institutions would like to buy sterling denominated stock .Yanks don't buy into a weak currency unless the case is compelling.The best hope here is that this company gets taken over but that becomes less likely with recent UK political leanings to defend domestics and probably,amongst other considerations,explains why this stock is so listless.

[zcaprd7] 30/10/2017 16:58

I assume an American can buy a UK listed stock?

[steeplejack] 30/10/2017 16:47

Inmarsat trades in the US (IMASY).That's a junior over the counter (OTC) ADR listing.Its neither here nor there,volume negligible most days and trades will have to be matched.

[zcaprd7] 30/10/2017 13:37

It seems the yanks like it? Seems to get a burst when they open?

[bluemango] 30/10/2017 12:06

Yes.

Hope that helps :o)

[steeplejack] 30/10/2017 10:02

The present company originates from the International Maritime Satellite Organization (INMARSAT), a non-profit intergovernmental organization established in 1979 at the behest of the International Maritime Organization (IMO)—the United Nations' maritime body—and pursuant to the Convention on the International Maritime Satellite Organization, signed by 28 countries in 1976.[2][3] The organisation was created to establish and operate a satellite communications network for the maritime community.[2][4] In coordination with the International Civil Aviation Organization in the 1980s, the convention governing INMARSAT was amended to include...

It's the "non- profit" bit that interests me.Oh and BT.I've held BT in the past but yes the pension liability is a real concern,a reflection of its state owned final salary government funded past.So,suddenly you go from non-profit to listed in 2005 and get your money making boots on.Simply thinking out loud.There have been a lot of new appointments since privatisation afterall.I'm just wondering whether ISAT has developed an aggressive money making corporate ethos over the years.Has it?

[zcaprd7] 30/10/2017 09:24

The only negative I have heard, is that as the "greyhairs" are retiring, the new blood coming through are quite as good... But that's probably true of alot of companies these days?E. G. I couldn't name the CEO...

[zcaprd7] 30/10/2017 00:20

Listed in 2005... I not sure what the problem is? Are you wary of BT? Perhaps we could check the pension liabilities?

[zcaprd7] 30/10/2017 00:17

It hit the "open road" in 1978?

[steeplejack] 29/10/2017 22:07

We're all aware of the possibilities,the opportunities but how well managed is this company .I'm always rather nervous of previously state owned corporations when they hit the open road.Any thoughts?

[zcaprd7] 27/10/2017 17:59

Not even the monthly high on the volume? Appeared to reverse intra day, still not great technically though...

[andyj] 27/10/2017 16:03

Reasonably high volume I'm afraid and a 3 year low.

[zcaprd7] 27/10/2017 12:03

Very weak, not a lot of volume either?