No matching results for ''
Tip: Try a valid symbol or a specific company name for relevant results
Canada markets open in 5 hours 42 minutes
Gogo Inc. (GOGO)
NasdaqGS - NasdaqGS Real Time Price. Currency in USD
Add to watchlist
At close: 4:00PM EST
813 reactions on $GOGO conversation
Sign in to post a message.
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
rumour has it GOOG is interested in buying GOGO.....
Riding the wave and move stops up in case of a reversal but seem good so far.
Something kicking up as it hit $12.79 in the after hours. No news as of yet.
Seeking Alpha mentioned that GOGO could land in ARKX ETF. I don't know how to paste it here.
Yahoo Finance Insights
Gogo is up 10.76% to 12.87
Refinance should be announced very soon.
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.
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?
Jan 21 $13 calls baby
Yahoo Finance Insights
Gogo reached a 52 Week high at 13.04
Is this price action a little suspicious to anyone else?
Anyone else predicting a big breakout considering the volatility over the past few days?
Wasn't this company bought out by Intelsat?
What’s going on here
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.
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.￼
What about Starlink (SpaceX)?
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!
Any technical traders see positive action soon based on vaccines news?
Bitcoin Return to $40,000 in Doubt as Flows to Key Fund Slow
CMHC: Home prices could fall 47.9% in worst case scenario without government help
Yahoo Finance Canada
3 Top TSX Stocks to Buy Today If You Have $500
The Motley Fool
© 2021 Verizon Media. All rights reserved.
About Our Ads