That's something really cool. Tech, dividends and European. That's three wishes at once. (Actually, that's really not possible... 😏)
I'll put it on my watchlist right away & can imagine it being super good for my portfolio. 🚀🚀🚀
I'll put it on my watchlist right away & can imagine it being super good for my portfolio. 🚀🚀🚀
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@NichtRelevant nothing to do with you now, but @Get_Rich_or_Die_Tryin has set an SOS, now I would be very interested in his opinion
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•@Dividendenopi Then it's best to just ask. 😅
I think he doesn't like the figures, especially the debt. But I'm not sure if you can compare the company with a regular industrial company.
I think he doesn't like the figures, especially the debt. But I'm not sure if you can compare the company with a regular industrial company.
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@Dividendenopi Here is my comment from elsewhere on this article:
Way too many if's in my view, dear. But first of all: thanks for the interesting introduction.
Now to the company: This is probably one of the most catastrophic financial profiles I have ever seen for a company that is not yet insolvent. The debt is already enormous in relation to sales, profit and FCF, especially against the background of such an extremely CapEx-intensive business. Hopefully this doesn't give a preview of how other satellite operators might fare should they eventually become profitable.🫣
The dividend eats up almost all of the remaining FCF, so what is there to finance real growth? At some point, further interest-bearing liabilities will no longer pay off.
What I can actually also imagine is that debt financing may no longer have been possible for the company's own growth, but it may have been possible for acquisition financing due to the prospect of a possible positive contribution to earnings from outside.
For me, almost everything doesn't quite fit here and I would say very clearly: Hands off.🤷🏼♂️
Way too many if's in my view, dear. But first of all: thanks for the interesting introduction.
Now to the company: This is probably one of the most catastrophic financial profiles I have ever seen for a company that is not yet insolvent. The debt is already enormous in relation to sales, profit and FCF, especially against the background of such an extremely CapEx-intensive business. Hopefully this doesn't give a preview of how other satellite operators might fare should they eventually become profitable.🫣
The dividend eats up almost all of the remaining FCF, so what is there to finance real growth? At some point, further interest-bearing liabilities will no longer pay off.
What I can actually also imagine is that debt financing may no longer have been possible for the company's own growth, but it may have been possible for acquisition financing due to the prospect of a possible positive contribution to earnings from outside.
For me, almost everything doesn't quite fit here and I would say very clearly: Hands off.🤷🏼♂️
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•@NichtRelevant I'm bothered by the dividend and the amount of the dividend, given the amount of CapEx you have to spend in this business.🤷🏼♂️ FCF after dividend towards 0, I don't like that at all. And I actually only see very limited opportunities for growth.
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@Get_Rich_or_Die_Tryin The only strange thing is that analysts recommend the share. And the share was able to generate a performance of 80 % last year. I don't think the situation looks any better for Irish and many other stocks. Nebius and Oracel also have their problems. And some of these stocks are being hyped.
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•@Tenbagger2024 Everything you say may be true. But it bothers me and that's why we don't need to discuss who can or can't see something positive.
It's nothing to me and anyone who wants to put it in their depot can do so. The ones you mentioned show at least approximate growth, which I definitely don't see here with the debt situation. And the financing for some of them is also safe thanks to corresponding contracts. I also see risks here, as I have already mentioned. And the valuation here is out of this world, even in relation to the "comparable companies" you mentioned.
And we all know that past performance is no indicator for the future.😉
So: feel free to jump on if you want, I'm definitely out of it, the overall picture is absolutely too unrounded for me.
It's nothing to me and anyone who wants to put it in their depot can do so. The ones you mentioned show at least approximate growth, which I definitely don't see here with the debt situation. And the financing for some of them is also safe thanks to corresponding contracts. I also see risks here, as I have already mentioned. And the valuation here is out of this world, even in relation to the "comparable companies" you mentioned.
And we all know that past performance is no indicator for the future.😉
So: feel free to jump on if you want, I'm definitely out of it, the overall picture is absolutely too unrounded for me.
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•@Get_Rich_or_Die_Tryin 200% growth in net income is nothing to you. 93 P/E is also not unusual for a company that has just become profitable. But I can also understand your arguments. And as I have already written, there is also some risk in the share. New orders and the associated sales growth should drive the share. But any negative news could also send the share plummeting. That's why I can absolutely understand your arguments, and I'm not that far removed from you. I'm already in the sector at $GILT, and as I'm not a dividend investor, I'm staying with Gilat.
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•@Tenbagger2024 the question that concerns me more here is actually: sales growth at what price do you buy here? I find the overall constellation here really difficult.
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•@Get_Rich_or_Die_Tryin see the entire sector with opportunities but also with many risks
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•@Get_Rich_or_Die_Tryin I see space x in a similar way. Space x could not survive without Musk in the background. The costs for such projects are enormous. You can't recoup a large part of that with sales. That's why I'm really excited about the IPO
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