IRDM - IRIDIUM NEXT / CERTUS / AIREON The Second Generation Message Board

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Technology Stocks : IRDM - IRIDIUM NEXT / CERTUS / AIREON The Second Generation

IRDM 16.95

-2.2%

Oct 29 3:59 PM EDT

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To: PANLGUY who wrote (3)	3/27/2019 9:22:26 PM
From: pcstel	of 17

Yes, the MSS Pot of Gold always seemed to be over the next Hill whose path is covered with craters from Bankrtupcy RPG's of the past. Tread carefully. Today, the episodic Satellite Phone user is not really the target, but more so the DoD using secure encrypted tactical communications, Global Aircraft and Ship Tracking, First Responder/Firstnet, and the ever expanding world of the IoT eco-system. Today, nearly 450MM in annual revenues and project 330MM OEBITA for full year 2019. New Dod Contract expected in April >88MM annual as well as the Hosting Fees and Data Fees from the Aireon Subsidiary. They have about $450MM in cash and restricted cash.. Management claims their intent to return nearly 2Billion over the next 5 years to shareholders in the form of Dividends. With 110MM shares.. That would be nearly $17 a share in Dividends. Today, Iridium has over 400 partner companies, most making their own unique user terminals and services. Personally, I see this as a candidate for ATT due to the upcoming release of the ICOM PTT Iridium phone with inter-operability with LMR and LTE PTT FirstNet Networks. PCSTEL

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