companies that already buy satellite capacity, page-6

Hi PhantomII

If I do a summary I will be called a ramper.

It's been pointed out that people can trash the company day after day for years, hold no stock yet they seem OK with other posters?

I've give you the short sharp version for now. As it comes to mind:

Newsat was known as Multiemedia (MUL) who had their fingers in all sorts of things and had no idea about any of them so they kept burning money.

MUL acquired the New Skies Networks in November 2005 and changed its name to Newsat Limited in 2006.

So for me the real company starts in 2006, what happened before that I don't care anymore.

The one great decision they made was to buy 2 teleports.
They have been offered $40+M USD just for one (as I understand it, Newsat have mentioned the offers)

This means that alone makes them a take over target, hopefully this time by a company with money.

The press re NBN & Newsat reinforces this IMHO.

Newsat have lost money on every venture so far excluding Satellite broadband services (and space services, moving sats etc.) which alone will see the first profit 2009/2010 further in Jan I expect to see a good report on the previous 3 months to confirm this)

Were it not for decisions that in the benefit of hindsight were not great we would already be showing a profit. (All IMHO, DYOR)

Newsat never went to the banks for finance. If they did there would be no Newsat today and no chance for anyone to recover losses made trading, but lets not forget some made $$$ trading this stock.

Newsat was always risky, high risk, high reward we hope.

So rather than go to banks who would most lightly turn them down or by now would have closed them down NWT kept issuing shares. Bad but IMHO great if you purchased low or averaged down.

As I deal in % I don't care about # shares, consolidate too early and you'll be right back where you started without giving people like me a chance to make some real money! (See another post I made on this subject) I agree however $10 looks better than 1c Newsat agree too. The will address this.

Here we are with the best part of 7b shares and going better than ever. Many, many companies have failed since NWT has been in business. In fact NWT is one of the very few tec stocks to survive from the time they were listed.

NBN need a win. Newsat can give them that win.

Even without NBN Newsat are going to make more and more profit as per the recurring revenue business model which means their overheads are basically fixed so once they generate more cash in than out the extra cash is profit.

Put another way they have 50 staff, to handle double the business they only need 55.

This profit has come because NWT are gaining more and more clients. They have just landed big MIL contracts and big resource company contracts, they are also looking at companies alone the scale of Woolworth's which will blow our mind if they are successful.

The airline ticketing down problem the other day could have been avoided if they had satellite backup, this is not lost on police and fire brigades throughout the country and Newsat has the services they need. (See WA govt submission with glowing endorsement of Newsat)


Much has been made of AB Q. if the company will be better when he goes. He may stay on for the Satellite project, I would back that.

IMHO AB has indeed been guilty of BS, this could be because he is a salesman and to be a good one you must believe your own BS. However of late most things he has said have been on the money albeit late in coming true.

There are some big exceptions just as there are some unforeseen circumstances (take EWC) that I can't blame him for not seeing.

I'm sure he is not in control now. Smarter people who can see there is money to be made are holding the reigns.

On the positive his vision of a money making machine I feel is about to be proven correct, just 3 long years later than he led us to believe.

Future capital raising:

While I would rather not, NWT may offer shares to existing share holders for the purpose of removing the qualification on the accounts.

Say less than 10% of the current capital yet it could have an enormous impact on the scope of business Newsat could tender for. Indeed the Satellite finance may hang on that point.

If by gaining VERY LARGE contracts as a result the 10% dilution would be eaten up instantly with ANY SP rise.

Research:
"..many auditors are increasingly reluctant to include this disclosure in their opinions, since it is considered a self-fulfilling prophesy by some.[7] This is because a disclosure for a lack of going concern is viewed negatively by investors, lending institutions, and credit agencies, and therefore reduces the chance that the auditee may obtain the capital or borrowing it needs to survive once the disclosure is made.."

Newsat has the right services at the right time, and the only reason they are here at the right time is the discovery process of what works has been financed by shareholders who are due a win.

There are only 2 possibilities a big win sooner or later or go broke, as you know my money (NOT MY MOUTH) is backing a big win. I'm still looking forward and anybody who can forget past mistakes may see this as a good bet too. Name me a company that's perfect?

Newsat is a perfectly sound but risky bet. Just read what the NBN want to do.

Now watch the haters mark this post down..