elliottsilverman
01 Jun 2018
here we go - I would exercise caution using Simply Wall St. only as your ref. I think their tools are good but only as reliable as the data and I'm not sure it is always completely up to date for UK based companies. Also, in my experience, it doesn't always factor in news stories or event-driven price re-ratings. That said, it's discounted cashflow analysis may provide a reasonable estimate but if so, the conclusion that ISAT may be around 20% undervalued would suggest hanging in for coming uplift, would it not?
trader jack
01 Jun 2018
here we go [link]
trader jack
01 Jun 2018
Wow Just got in from lunch to find that ISAT has soared!Will try to find out who and why but that last time it touched 400p I said after its fall that if it reached 400p again I would be really tempted to take my losses and find a different home for the smaller funds that are left.According to HL "recent trades"some lucky beggar got 400.20 for a small holding. It's dropped off their screen now.Ah well, it gives me hopeKind regardsTJ
elliottsilverman
01 Jun 2018
Up she goes ....$$$ 
BassCadet
26 May 2018
Re: Iridium Came out of that little trade at £3.63. It wasn't made with money I could leave in for a long time.
Boyobach
23 May 2018
Re: It's not all gloom Well I may have passed on yesterday's dip but today ....If Mr Market wants to make a meal of getting back to 390, given that Iridium's approval could hardly have been a surprise and therefore changed nothing as far as assumptions about ISAT are concerned, then I won't be sniffy about picking up a few when they are laying on the floor.I trust you are trading this successfully soi ?
Boyobach
22 May 2018
Re: It's not all gloom Today's downward spike seems to have been more of a setback 'glitch' in the sp rather than anything long term and serious. I think the quick reversal of around 50% of the initial drop rather indicates as much. Perhaps it was just a domino effect of stops being taken out? Because surely people would have been more surprised had Iridium failed in their application?The good news is that it did not take the sp below April 4th's 'red line' and, at the closing price, has simply set my chart back three weeks to where it was on May 1st. So not as bad as I initially thought.I have two stocks in the sick bay at the moment - ISAT and BT - and, as I only attempt to fix one loser at a time, and BT is my current priority, I did not wade into buying ISAT at today's low as I otherwise might have done. Given the bounce it was an opportunity missed - but there'll be time enough to get this back on track, I suspect.
elliottsilverman
22 May 2018
Selling today looks overdone. Bought another 100 to average down purchase price to 4.80...just need to be patient here...
Norman Barrington
22 May 2018
Re: Iridium I would top up too, but I am already overexposed (oo misus!)Why I didn't sell at £9 I do not know, talk about a rabbit in headlights!And I have been at this lark for 40 years in all, you'd think I'd learn to rigidly stick to ratcheted stop losses by now. It does dent my profits, but overall I have done well.I always use the philosophy that if I invested in Unit Trusts instead, I'd be oblivious to the minor disasters as long as the fund performed reasonably, so I salve my pain with focusing on the overall picture.Note I posted the RNS from MoneyAM, well before iii got round to it - honestly that shower!
BassCadet
22 May 2018
Re: Iridium I'm not sure what the board of one company can do to stop another from applying for a certificate trader jack?In theory 40% of revenue is at risk in 2 years time. As long as ISAT can remain competitive there's no reason to see it as a major threat.Given the already low SP it feels like an overreaction. I saw this morning as an opportunity and topped up at £3.45. Albeit not on a long term basis. Just to top slice and keep profit as shares to boost the divi yield back to what it was. Hopefully within the next week or 2.
Norman Barrington
22 May 2018
It's not all gloom RNS Number : 9002OInmarsat PLC22 May 2018 Inmarsat receives IMO approval to deliver most significant advance in maritime safety in a generation 22 May 2018: The International Maritime Organization's (IMO) Maritime Safety Committee (MSC) has formally approved Inmarsat's 'Fleet Safety' solution as a new service to support the Global Maritime Distress & Safety System (GMDSS). Ship owners and operators will now be able to combine maritime safety and broadband data services in a single FleetBroadband or Fleet One terminal provided by Inmarsat. Tens of thousands of vessels are already equipped with FleetBroadband or Fleet One, making the adoption of Fleet Safety simple and hassle free. Ship owners and operators currently deploying FleetBroadband or Fleet One will be able to access GMDSS approved safety services, as well as a host of new innovative safety features only available via the Inmarsat Fleet Safety system, by the addition of a small Maritime Safety Terminal (MST). Inmarsat intends to create a new generation of stand-alone terminals that, in future, will both incorporate FleetBroadband and MST into a single device and deliver higher speeds, in excess of 1Mbps. 'Fleet Safety' builds on Inmarsat's 40-years of maritime safety heritage, which has helped save the lives of thousands of seafarers. 160,000 vessels worldwide already use the Inmarsat-C stand-alone safety service, which is provided at no charge by Inmarsat. The new service will be delivered over the existing Inmarsat-4 constellation and the new Inmarsat-6 satellites; the first of which is due for launch in 2020. Fleet Safety includes a new web-based version of SafetyNET, SafetyNET II, the international system for broadcasting and automatic reception of Maritime Safety Information (MSI) and Search and Rescue (SAR) communications. For Maritime Rescue Coordination Centres (MRCC), Inmarsat has developed RescueNET, a free web-based service linking current and future Inmarsat Safety Services, as well as increasing MRCC capabilities with enhanced, real-time coordination during a search and rescue operation. "Fleet Safety is the most significant advance in maritime safety services since the introduction of GMDSS in 1999," said Ronald Spithout, President, Inmarsat Maritime, "and restates our commitment to maintaining and improving safety services for the maritime industry." The IMO also approved the introduction of a GMDSS service by Iridium on its network, subject to Iridium passing a number of stringent performance tests. The Iridium GMDSS solution is consequently expected to be made available in the early 2020s. The IMO further approved the request of BeiDou Navigation Satellite System (BDS), a Chinese satellite navigation system, for evaluation of its GMDSS proposal by the IMO's Navigation, Communications and Search and Rescue (NCSR) sub-committee. "I would like to congratulate Iridium on achieving approval from the IMO to take their GMDSS proposals to the next stage," said Ronald Spithout, President of Inmarsat Maritime, "and also congratulate BeiDou Navigation Satellite System on their successful request for GMDSS evaluation by the NCSR sub-committee. We look forward to welcoming them both as GMDSS service providers in the coming years. "Together, we must strive to maintain and enhance the exceptionally high standards required by the IMO and demanded by the maritime industry as the lifeline for seafarers at sea."
elliottsilverman
22 May 2018
Does anyone have any analysis of how material the impact would be on ISAT of Iridium gaining some share of this part of the market?
trader jack
22 May 2018
Re: Iridium Good morning,It also makes one wonder what the board of ISAT are doing most of the time. There seems to be very little efforts on their part to combat all these threats to their company.At the end of the day it is us smaller shareholders who seem to bear most of the burden. I was very tempted to bail out (at a 25% loss) when the SP recently topped 400p. Unfortunately I wondered whether the SP would improve even further.Perhaps "get out when you can" may be better for this share given that it has risen from the 600 p level when I bought into it in early 2013 up to about 1150p towards the end of 2015 and a steady decline to the levels we have seen recently.Ah well, you can't take it with you as they say.C'est la vie.TJ
MaX ProfOrdiS
22 May 2018
Re: Iridium So much for the perfect market theory!
Boyobach
22 May 2018
Re: Iridium Market reaction to the approval is interesting because is should have been expected and priced-in. According to their press release:Iridium formally began the process to become a recognized GMDSS mobile satellite service provider in April 2013. Iridium plans to begin providing GMDSS service in early 2020.
