UK Markets close in 5 hrs 41 mins

Gogo Inc. (0IYQ.L)

LSE - LSE Delayed price. Currency in USD
Add to watchlist
5.15-11.86 (-69.72%)
As of 05:11PM BST. Market open.
Sign in to post a message.
  • J
    Joseph
    5G launching soon!!!
  • W
    Wp
    If they manage the company as poorly as the service performs this puppy is going out of business soon
  • P
    Punch A Democrap
    free internet access coming to Hawaiian Airlines courtesy of Elon Musk and Starlink. It's about time there is some competition. Have used Gogo Inflight many times and every time I use it.. it's the same overpriced SLOW technology that frankly, I'm tired of.
  • G
    GaryJ
    Last time this went to $22 it dropped $4 the next day after normal consistent buying. When it dropped $4 it was on 22M volume most likely shorts doubling down their position after losing. There may be 50M shares short now!
  • G
    GaryJ
    I cant believe 40M shorts and the price keeps rising on normal volume!
  • M
    Mark H
    Alright it’s looking dead on this board so I’ll give my 0.02...

    The recent sale of the cash sucking & competitive commercial side of the business was much needed and debt can come down a decent amount now.

    The remaining private aviation business is a near monopoly, and has customers that are quite insensitive to price increases. Not to mention private flights will soar post-pandemic, and we are in an era where connectivity is essential.

    Operating income of $22M in Q3, at a time when nobody was flying, is insanely good. That’s $90M operating income annualized in the middle of a pandemic when almost nobody is flying.

    Let’s conservatively call it $200M (Ann.) of operating income once the pandemic is over and $80M (Ann.) of interest expense... maybe $40M capex... that’s $80M cash flow for a <$1B company, a 12 multiple.

    Trading at 12x cash flow in a growing industry is one of the cheapest prices for a growth company you can find...

    And I’m not the only one that’s noticed. There’s a PE firm gobbling up as many shares as they can over the past month. Could be looking at a takeover.

    My price target for the next 12 months either organically or in a takeover situation is conservatively around $16/sh. Good shot at 40% gain in 12 months from today’s $11/sh in my opinion. Not sure you’re getting that kind of return in many other names from the high-priced starting point of today’s market prices.

    Just my opinion, good luck to all.
  • B
    BrianM
    Earnings beat and projected revenue and EBITDA look great for 2021. They are projecting at least 10% CAGR for the next 5 years with cash flow increasing at an even faster rate once the 5G rollout is completed. Interesting note that they announced they are in a great position to do a comprehensive refinancing package as well to significantly lower the debt burden and interest expense. Given the current debt market’s appetite for debt issuance one has to wonder if maybe they were holding off due to ongoing negotiations to be taken private. Either way good things ahead and this has been significantly derailed and should head toward $20 by year end.
  • B
    Biotech
    What is going on with this stock? How did it run up after the first day and how is it staying up here with this kind of volume? I tried to figure it out but just can't make sense of it - someone mentioned convertible notes and price having to stay above 7 for 3 weeks or something. Can someone please give a legit explanation? Thanks.
  • M
    M
    $GOGO is primed for a gamma squeeze going into 3/19. Open interest shows 21 calls per put expiring on that date. For each strike price between $13 and $20, on average, 14K options go ITM, representing 1.4M of underlying or 3.43% of float or 43% of daily avg volume. So for each dollar increase in price, 43% of daily volume goes ITM (!) causing a ton of excess on the buy side. Catalyst could be earnings this week, which are expected to outperform given that flights are on the rise.
  • E
    Els
    Yet to price in FCC huawei $ , hopefully full $350m filed for, notes to be retired next Month, and reduced debt associated, FCC money going for 5G launch, have not announced plans for FCF , still lots more to come
  • l
    lance
    Own a significant amount of GOGO and will continue to add over the coming months. Love this Co. at current valuation. No doubt they dropped the ball on pricing and ate up way too much up front costs. Should have negotiated better on installs. However, the BA division is a monster and CA division is getting in line. Expect a strong push for a substantial cash loss reduction. Oak is really looking into all avenues to create a better bottom line.

    We believe the BA division is worth roughly $1.2B to $1.5B (40% EBITDA growth)
    CA division right now worth $500M

    That puts Co at $1.7B-$2B gets you to a $20-$25 range.

    Shorts are right until they're wrong. They've done great but currently at a 65% float and had too add 13$M to their short last 2 weeks only see the price go up about 18%. Short trade is crowded, tide is turning. Be on the good side, innovation at GOGO will change the way we fly for years to come.

    GL to all the longs out there,

    Cheers, L
  • E
    EBB
    The problem with GOGO, is that there are so many problems with GOGO. I could detail a different fatal flaw in GOGO's business model every day for a month. But with GOGO and it's competitors all recently releasing quarterly results one striking problem stood out; GOGO's total lack of both vertical AND horizontal integration.

    All of GOGO's competitors supply diverse market segments; consumer fixed connectivity, government solutions, maritime, etc. GOGO only serves one market segment. These competitors with multiple segment revenue streams have poured in. They are better funded, have lower cost structures, and are far more experienced in satcom marketing.

    I'm taking bets on the over / under for when Small's stock buy dips into the red. I'd be surprised if it were not before year end. He is not the sharpest tool in the shed.
  • B
    Ben
    More 2Ku systems coming online outside of North America.

    Cathay Pacific is retrofitting Gogo’s 2Ku connectivity solution to its Airbus A330s and Boeing 777s, while its Airbus A350s are delivered with Panasonic’s eXConnect Ku-band system.

    “A lot of our customers are quite happy more with one platform…” says Cathay general manager customer experience & design Vivian Lo.

    Safe to say Cathay’s customers prefer 2Ku. Anyone that has flown with Panasonic would concur. With ongoing speculation of industry consolidation and continued performance challenges, it begs the question if Panasonic accelerates an attempt to acquire a piece of Gogo’s commercial aviation business.

    https://runwaygirlnetwork.com/2019/07/23/cathay-passengers-have-ifc-bias-rfp-issued-for-consistent-portal/
    Cathay Pacific's hallmark is consistency but its passengers have a bias when it comes to inflight connectivity. The carrier is retrofitting Gogo's 2Ku connectivity solution to its Airbus A330s and Boeing 777s, while its Airbus A350s are delivered wit
    Cathay Pacific's hallmark is consistency but its passengers have a bias when it comes to inflight connectivity. The carrier is retrofitting Gogo's 2Ku connectivity solution to its Airbus A330s and Boeing 777s, while its Airbus A350s are delivered wit
    runwaygirlnetwork.com
  • B
    BrianM
    Wouldn’t be shocked if there was a private equity buy out here on Monday morning. They haven’t refinanced and paid down the debt so they have a huge chunk of cash sitting there with a very profitable high margin business that remains
  • B
    Ben
    Passengers have spoken. GOGO provides the BEST WIFI experience.

    The APEX Passenger Choice Awards use data gathered by the Triplt from Concur app to determine the results. Using a five-star scale, more than one million flights were rated by passengers across nearly 600 airlines from around the world between 1 July 2018 and 30 June 2019. In the category of best airline WiFi, Delta Air Lines scooped the award.

    https://www.getconnected.aero/2019/09/apex-ifsa-awards-results/
    Last night, the APEX EXPO hosted the hotly anticipated awards ceremony, revealing all the winners from the shortlisted…
    Last night, the APEX EXPO hosted the hotly anticipated awards ceremony, revealing all the winners from the shortlisted…
    www.getconnected.aero
  • B
    Ben
    Can anyone explain the recent surge in GoGo's stock price? Or is this all based on momentum?
  • R
    Ricky Bobby
    Yo yall reailze that this debt refi is coming by EOM, right? And if by some case they choose not to refi, it will drive the sale price of the company up. Either way, its a huge win for shareholders. GOGO has strong fundamentals, solid business model, and catalysts on the way. Short float for all the believers in squeeze dosent hurt either. All of this is public knowledge, check the balance sheet.
  • n
    none
    CEO out
  • n
    none
    Google buying Nokia's airborne wifi division
  • A
    A.K.A. Grand Lake Milfs Slayer
    How about the news today with BlackRock adding 9.5 million new shares? 😻