WRR
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0.00% 16.0¢ world reach limited

Gotta stop ignoring inmarsat guys. Not saying to ignore Iridium...

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  1. Tylemahos
    2,672 Posts.
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    09/03/15
    10:45
    Post #: 14881466
    Gotta stop ignoring inmarsat guys. Not saying to ignore Iridium either, but...

    http://www.asx.com.au/asxpdf/20141210/pdf/42vcv58ghl6cg3.pdf

    "These terminals were specifically designed and manufactured by Beam to support the voice, data and tracking communications that take place over the Inmarsat satellite network via its 'Fleetphone' maritime service."

    Check out pages 12 and 14 of inmarsat pres re financials - released early March 2015.

    http://www.inmarsat.com/wp-content/...plc_Preliminary_Results_Presentation_2014.pdf

    Fleetbroadband up circa 25% - Marine sector.

    Isatphone sales up 21% - both original Isatphone and Isatphone2.

    Beam communications has a dock for the original Isatphone as well as the new Isatphone2.

    http://www.worldreach.com.au/news/1380820.pdf

    If customers are buying the phones then it's logical that they're buying the docks as well?
    WRR Price at posting: 33.0¢ Sentiment: None Disclosure: Held
    Likes Created with Sketch. 1  Upvote
    lightbulb Created with Sketch.  Great analysis
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