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Gogo Inc. (GOGO)

NasdaqGS - NasdaqGS Real Time Price. Currency in USD
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12.27+0.63 (+5.41%)
At close: 4:00PM EST
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  • 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
  • J
    JC
    rumour has it GOOG is interested in buying GOGO.....
  • B
    BrianM
    Riding the wave and move stops up in case of a reversal but seem good so far.
  • B
    BrianM
    Something kicking up as it hit $12.79 in the after hours. No news as of yet.
  • r
    rob
    Seeking Alpha mentioned that GOGO could land in ARKX ETF. I don't know how to paste it here.
  • Y
    Yahoo Finance Insights
    Gogo is up 10.76% to 12.87
  • B
    BrianM
    Refinance should be announced very soon.
  • 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.
  • M
    Mark
    Zacks says big activity in the 1/15/21 $23 calls. That person thinks this stock is going to more than double in 5 weeks. When are they supposed launch 5G?
  • M
    Mike
    Jan 21 $13 calls baby
  • Y
    Yahoo Finance Insights
    Gogo reached a 52 Week high at 13.04
  • S
    Socrates
    Is this price action a little suspicious to anyone else?
  • S
    Socrates
    Anyone else predicting a big breakout considering the volatility over the past few days?
  • D
    David
    Wasn't this company bought out by Intelsat?
  • J
    June
    What’s going on here
  • J
    Jack
    GoGo unaudited financials are at best deceiving. Audited numbers missed expectations as usual. This price increase is going to leave many in major loss position.
  • M
    Mrmagoo
    I’m still good in this long term. The market has obviously priced a vaccine in, but I don’t think it’s priced 12 to 18 months from now when air travel should be back at reasonably normal levels.
  • H
    Hairy
    What about Starlink (SpaceX)?
  • S
    Stockk
    Textbook example of pure stock manipulation using insider knowledge. They deliberately brought the price below $10 last week so they can get in at a lower price before the S&P credit rating today. Unbelievable!
  • M
    Mrmagoo
    Any technical traders see positive action soon based on vaccines news?