Globalstar Inc Com (NYSEMKT:GSAT)

CAPS Rating: 1 out of 5

The Company is a provider of mobile voice and data communication services via satellite. The Company offers voice and data communications services to government agencies, businesses and other customers in over 120 countries.

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Member Avatar champstar2 (< 20) Submitted: 10/19/2014 12:11:12 AM : Underperform Start Price: $2.35 GSAT Score: +8.24

Now that the dead cat bounce is out of the way, the march downward should continue.

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Member Avatar skoold2003 (< 20) Submitted: 10/10/2014 7:23:32 AM : Underperform Start Price: $2.09 GSAT Score: -6.19

The fact that a CIO publicly called Globalstar worthless may have some bearing on the fact that it is plummeting right now. Is it all just a social experiment gone right or is there actually a cause for concern. On the one side they say they have a plan for adding a channel(capacity) to their radios.. which they claim will help mitigate congestion. Besides that they have conducted a successful flight using ADS-B which could have potential.
On the down side they have a gang of debt and negative P/E (obviously) so that could mean that Kerrisdale Capital's move was valid.
It's hard for me to say since this is literally my first stock discussion on caps or ever. The result is that I consider GSAT too risky to take advantage of these cheap shares.

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Member Avatar stuinzuri (< 20) Submitted: 7/24/2014 7:08:20 PM : Outperform Start Price: $4.05 GSAT Score: -43.36

TPLS makes GSAT gold. It's all about the spectrum.

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Member Avatar cgloki (< 20) Submitted: 7/22/2014 3:41:01 PM : Outperform Start Price: $4.04 GSAT Score: -43.12

NPRM approved, FCC only debating labeling as Permissive software upgrade, no label reqd or new cert. It's coming and fast, 22 MHz of new wi-fi spectrum for terrestrial use in the area adjacent to current 802.11

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Member Avatar ceciil (29.26) Submitted: 4/23/2014 5:08:19 PM : Outperform Start Price: $2.75 GSAT Score: -22.10

ITS GOLDEN.

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Member Avatar Shaneypoo (35.23) Submitted: 7/21/2011 3:03:50 PM : Outperform Start Price: $1.18 GSAT Score: +45.46

Very successful.

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Member Avatar NASDAQCZAR (61.61) Submitted: 5/10/2011 6:26:31 PM : Outperform Start Price: $1.20 GSAT Score: +43.55

good gps service

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Member Avatar summitclark (25.75) Submitted: 9/30/2010 2:11:16 PM : Outperform Start Price: $1.74 GSAT Score: -42.25

Rea life purchase price 1.66.
Company launches next generation of sats in mid October. Company should continue to narrow loss and return to profit in near future.

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Member Avatar a2gsg (< 20) Submitted: 4/29/2010 11:51:49 PM : Outperform Start Price: $1.85 GSAT Score: -40.34

GSAT update in brief [as of April 2010]:

just on the Export Credit Agency COFACE financing alone (finalized last july) GSAT is worth ~$5/share.

if you add in the Book/Fair Value of the all the assets, i.e. the value of the 30 Mhz WORLD WIDE LICENSED (in 160 countries) HARMONIZED spectrum along with the (US/domestic only at this time) ATC licensing/authorization/leasing (which IRDM dose not have), the gateways owned around the world, the remnant satellite constellation, the technological developments such as the SPOT SATELLITE MESSENGER ( http://findmespot.com & http://www.spotadventures.com ), etc, money raised, loans arranged and guaranteed, SOCC/GOCC, supply agreements arranged, market testing so far, existing customer base (largest in the world and growing), employment agreements, and all the rest GSAT should be trading in the $20+ range...

while it's certainly true that most of GSAT's network has little or no cash flow from operations due to the majority of their satellites only being able to operate in simplex mode presently -- until their fully-financed second generation constellation is launched starting this summer -- they have made a Good Go of/for It with just the SPOT and Simplex capability and are getting pretty close to having the enterprise be EBITDA positive.

but this illustrious industry segment is just soooooooooo out of favor at the moment and still has a HUGE over hang (I call it malaria) from its and iridium's and ICO's previous (chapter 11'd) incarnations, it's why it trades at what it dose and is a significant steal at this price -- if you can just let the shares sit for the next 12 to 18 to 24 as GSAT's FULLY FINANCED (unlike IRDM) second generation constellation gets launched and becomes operational and let Mr. Market take recognition you're gonna have a multi-multi bagger on hand.

for more details and for a fair read on GSAT check out the equity analysis at http://devilcapital.com/investments/GSAT as well at the latest investor presentation under [Investor Relations] at http://www.globalstar.com/en/ -- oh, and don't miss out on the recent share transactions at http://www.mffais.com/gsat and lastly, for a technical analysis, some charts with support/resistance levels, check out: http://www.stockta.com/cgi-bin/analysis.pl?symb=GSAT&num1=1&cobrand=&mode=stock

other bboards and forums to read:
http://siliconinvestor.advfn.com/subject.aspx?subjectid=17382
http://siliconinvestor.advfn.com/subject.aspx?subjectid=52022
http://messages.finance.yahoo.com/mb/GSAT
http://tmfassociates.com/blog/

see also:
the article with CEO's from the five largest MSS companies debating “New Solutions and New Opportunities: The MSS CEOs Speak Out” from the [held in March 2010] MSUA-7 panel, at http://www.satellitetoday.com/eletters/satellite2010_daily/fromtheshowfloor/MSS-Leaders-Assess-Market-Hail-FCC-Broadband-Plan_33664.html

DISCLOSURE: long GSAT

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Member Avatar TideGoesOut (74.83) Submitted: 6/5/2009 2:03:38 AM : Outperform Start Price: $1.85 GSAT Score: -85.63

I've been waited for a while for this to become CAPS-able. They've got everything I like in a stock...low price, great products, lots of news, in recovery mode from past problems, and rapidly rising prices. A pure winner, which has already made me a bunch of real money.

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Member Avatar ckaminsky1971 (37.90) Submitted: 8/31/2008 11:42:02 PM : Outperform Start Price: $3.20 GSAT Score: -85.14

This is a truly global company. Third World countries adopt wireless because they lack a wired infrastructure.

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Member Avatar 7dogs (42.63) Submitted: 4/11/2008 3:35:28 PM : Outperform Start Price: $3.90 GSAT Score: -94.70

Enochroot pick.

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Member Avatar yisroel18 (64.18) Submitted: 11/5/2007 2:41:25 PM : Outperform Start Price: $8.05 GSAT Score: -109.77

big buy

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Member Avatar tcp102 (< 20) Submitted: 6/26/2007 9:52:54 PM : Outperform Start Price: $10.30 GSAT Score: -117.64

Satellite constellation worries are overblown. New satellites just successfully launched, more on the way. It's the most affordable satellite phone service out there, and I've been a satisfied user of the service for three years. I'm paying $35/mo for a legacy plan that gets me 30 minutes. $1/minute for overages. Not bad at all for a satellite phone that works everywhere on land basically, and 2-300 miles out and in the Caribbean. Beats Iridium hands down, and can be a lifesaver in unpredictable times.

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Member Avatar justmo2 (< 20) Submitted: 4/30/2007 2:40:00 PM : Outperform Start Price: $9.67 GSAT Score: -115.97

new calling plan priceing

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Member Avatar sdcs2005 (57.63) Submitted: 4/12/2007 11:16:14 PM : Outperform Start Price: $9.02 GSAT Score: -118.28

Market share in growth market. Stock on good dip right now. Will outperform for a year from this point and going forward. Target price $14.00 in 24 months.

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Member Avatar NetscribeTelecom (80.48) Submitted: 3/12/2007 8:32:07 AM : Underperform Start Price: $10.97 GSAT Score: +127.88

Globalstar, Inc. (Globalstar) is a provider of mobile voice and data communication services via satellite. The company uses 43 in-orbit satellites and 25 ground stations, to provide its services. The company’s foot print spans 120 countries across the world and its customers includes oil and gas industry , government, mining, forestry, commercial fishing, utilities, military, transportation, heavy construction, emergency preparedness, and business continuity as well as individual recreational users.

The company’s operating performance has been satisfactory. It is generating cash at operating level. However the biggest drivers for the company going forward would be their new handset GPS-1700 and availability/approval of spectrum for ancillary terrestrial component (ATC).

GPS-1700 has better form factor and is 25% less expensive than its predecessor GPS-1600. This can improve company’s penetration and enable company to ramp up its operations. The company has 27.85 MHz of spectrum, of which 11 MHz has been approved for ATC. The company expects to receive approval for all 27.85 MHz in fiscal 2007.Such a development would increase the value of the spectrum as it would enable the company to deploy a hybrid satellite/terrestrial network.

The company does face certain risks. The chief among them would be the class action suit filed against the company alleging that the Prospectus failed to disclose that Globalstar's constellation of satellites was degrading at an increasingly rapid rate and that the length of their commercial viability was quickly decreasing.

Company’s stock has underperformed since its listing in November, 2006 but its valuation still seems rich. The company’s operational leverage is also on the higher side. Hence any downswing in its average revenue per user could accentuate its operational risk and can hurt its bottom-line significantly. The company is unlikely to generate free cash flows for next few years as it requires more than $1 billion for its capital expenditure. All these facts coupled with sentimental overhang of lawsuit would likely lead to its underperformance going forward.

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Member Avatar obiwankenobe1250 (88.43) Submitted: 2/7/2007 9:18:19 PM : Outperform Start Price: $9.71 GSAT Score: -120.73

I say, "Buy low, sell high". I'll bet you've never heard that before... With a 2 day dip from 14+ to just over 10, there is room for a bounce. I intend to capitalize!

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Member Avatar westtxoil (78.16) Submitted: 2/6/2007 9:40:30 PM : Underperform Start Price: $10.41 GSAT Score: +121.96

seems flat lined

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Member Avatar MOTBAR (70.33) Submitted: 2/6/2007 12:55:51 PM : Underperform Start Price: $11.04 GSAT Score: +123.85

no clear direction

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