GREY:LFDEF - Post by User
Post by
BlueHorseshoe13on Jun 23, 2015 3:14pm
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Post# 23860588
It's time to drop a dime
It's time to drop a dimeLong time reader, infrequent poster.
I definitely think this deal will be hugely accretive to shareholders and combined with last week’s absolute good news shelling, investors are starting to see this as a billon dollar company, which it will be.
The Clarus report was on to this (thanks for posting). Emphasis on management’s ability to front load contracts. The fact that the company is planning to develop an “itunes-like” B2C platform with google technology connects Michele Weslander Quaid to the advisory board, and similarly, Tish Long was clearly always destined to sell Constellation images. Buying a company with world class technology (fully commissioned), that six months ago was bigger than itself, with equity, is icing on the cake. Paying a quarter of what you are today to double your capacity seems to make good business sense. And when you compare the price to the going rate of building new sats ($100M each), it also seems like a steal. Nevermind the infrastructure and intangibles that are aquired, and all of the operating synergies that aren't priced in. The recent announcements make everything make sense for this company, and that’s a good thing. The valuation was pretty thin though.
People wondered whether these space jockeys could pull off a business like this. Turns out they are all ballers that punch way above their weight class. It’s now down to converting contracts after IOC and I say that they drop a dime.
Anyways, great times.