Boyobach
17 Jan 2018
Re: Satisfactory Dropping back pretty much to script. I'm working on the basis that this might well revisit 470, with 440 seeming less likely in my view.
schovald
15 Jan 2018
Re: Satisfactory FT reporting bid speculation this weekend:A fresh twist on Inmarsat takeover speculation helped propel the satellite operator sharply higher on Friday.RBC refreshed its longstanding theory that Inmarsat is a bid target with an argument that private equity funds could be interested.“Now could be the perfect time to take Inmarsat private,” the broker told clients. “Our leveraged buyout model suggests an internal rate of return of around 60 per cent on undemanding assumptions.”The buyout makes sense now because Inmarsat’s enterprise value is near a 10-year low versus earnings, which reflect an estimated $70m of start-up losses at its in-flight broadband business that will swing into a $44m profit after five years, so the exit should be highly profitable, RBC argued.Its team also highlighted a long history of private equity involvement in the satellite industry, whose high barriers to entry and strong cash generation appeals to buyout funds, as well as recent share purchases by Inmarsat management.
BassCadet
15 Jan 2018
Re: Satisfactory Nicely melting so far today anyway
BassCadet
15 Jan 2018
Re: Satisfactory Fair enough. I assume it'll keep melting up with the market. No one can predict when the correction will come but I think it will be a hard one when it does.I actually think all the fundamental company related catalysts are likely to be positve (more orders, legal challenge clearing up, renewed activity in commodity markets resulting in improving maritime revenues, analysts deciding they've been harsh and raising their targets, etc) so holding is my choice. Only potential negative I can think of is divi reduction.
Boyobach
15 Jan 2018
Re: Satisfactory Well BC, the news based reason was a market rise across a number of sectors. Plenty to discuss for anyone remotely interested in trading - which was my purpose in exploring whether anyone had any comments to make - especially about the prospects of a retrace and likely target price.
BassCadet
15 Jan 2018
Re: Satisfactory Quiet because there was no news based reason for it. Nothing to discuss Boyobach assuming it's just as prone to going back down again as further up.
Boyobach
15 Jan 2018
Satisfactory It is interesting how BBs often fall silent when an sp undergoes a rapid increase - I'm not sure why that is, maybe it's a fear of breaking the trend. Not, of course, that chatter on a BB would have any significant effect. Suffice to say that Friday was a very satisfactory day here and indeed across the market. Will the rally continue on Monday? It seems unlikely - but having top-sliced a third of my ISAT holding I'll now be happy to hold the 'in profit' remainder long term or reacquire, at a retrospective profit, if sub 500 numbers reappear.
Einstein the Second
05 Jan 2018
Re: sp Interesting article on their website about working with mining majors to helpwith IOT (for automation) in remote locations. May not be significant financially but sounds interesting.
paul1945
05 Jan 2018
Re: sp Agree after the big fall often a big rise for no apparent reason so may be down next weekI am going to try and stay in & hope the director buying proves correct after the huge fall they have had all the best
Boyobach
05 Jan 2018
Re: sp Yes paul - it's a good trading share these days. I'd prefer a solid divi and steady capital growth but I'm not too proud to make a few quid each week by checking a screen now and then...Actually don't even need to check a screen - just set the next limit order....GLA
paul1945
05 Jan 2018
Re: sp Told you they would up tomorrow & now the next day!
BassCadet
05 Jan 2018
Re: sp I'm quite happy to say that I think ISAT is cheap because it's value is being neglected. Might be wrong. That's the way the market works though right. Time will be the judge.
Boyobach
05 Jan 2018
Re: sp An interesting post Dongo. Your 'long' approach appears to lean more towards seeking quality rather than seeking best price. Nevertheless, I guess you still find that some shares disappoint - so presumably you dispose promptly of any that fall out of the relevant quantile - like ISAT perhaps. I agree that 'cheap' is not of itself a good reason to buy - very often a reason to avoid. Whether ISAT is currently cheap for good reason or genuinely undervalued remains to be seen. It certainly seems to have baffled most analysts.
dongo
04 Jan 2018
sp My approach is.Ask yourself where ISAT performed in 2017 relative to all the FTSE 100 constituents. For me to go long, I would need to see a top quartile (ideally top decile) ranking. Another way of looking at it is: Imagine you were running a Long/Short fund, would you not want to be short ISAT based on it's pa? Too many people will come up with any efficacious argument to buy something because it is 'cheap'
dongo
03 Jan 2018
Re: SP You think so! not so sure.
