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Sunday newspaper tips: 3i Group, Inspired Energy, Inmarsat

Sun, 12th Feb 2017 15:36

(ShareCast News) - 3i Group shares received a 'hold' recommendation in the Sunday Times' Inside the City column. While its financial are solid and investors are happy with the more than threefold rise delivered under CEO Simon Borrows, the private equity group is facing ever more pressure for buyouts.Much of the gains under Borrows are thanks to the investment in Dutch discounter Action, which is growing fast and has seen 3i's investment holding worth around £1.5bn. At around a third of the entire portfolio value, investors may be concerned the group's success is too reliant on this one investment. 3i, which now invests its own cash with no outside investors, "has left little margin for error should its future investments fail to repeat Action's success".Shares in Inspired Energy were tipped as a 'buy' by Midas in the Mail on Sunday. The Lancashire company helps firms cut their power bills, with its 1,600-plus corporate clients including Kwik-Fit, Formica and Muller Milk and Ingredients. Using close relationships with 17 energy groups in the UK, including all of the Big Six, Inspired's two services are buying gas and electricity for clients and providing advice on how best to manage energy needs.Inspired floated on AIM just over five years ago and, helped by seven acquisitions, has grown its market valuation from £12m to more than £60m. Profits are expected to soar 40% to £6.3m in 2016 and then to at least £7.9m in 2017, with the dividend forecast at 0.45p for 2016 and 0.5p for 2017. The share "have barely moved in a year and are seriously undervalued".Inmarsat was a 'buy' for the Telegraph's Questor, for investors who can look was the satellite broadband specialist's short-term turbulence and see the longer-term potential. Troubles in the maritime market sent the shares falling to earth last year before they later rocketed higher only to be severely dented by news this January that higher start-up costs would send aviation earnings down before recovering in 2018.A possible recovery in maritime and improving government revenues provide a basis for a bounce back, while the European Aviation Network venture with Deutsche Telekom holds hope for extra gains, with a first satellite to provide in-flight internet to be launched later this year. Analysts at Euroconsult forecast the market for passenger connectivity to rocket from $700m in 2015 to nearly $5.4bn by 2025, which allows Inmarsat plenty of room even if competitors up their game. Lufthansa, Air New Zealand and IAG have already signed up in advance for Inmarsat's services.
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3 May 2019 16:01

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1 May 2019 08:35

Inmarsat Quarterly Performance Struggles As Buyout Vote Looms

LONDON (Alliance News) - Takeover target Inmarsat PLC on Wednesday said it slipped to a first-quarter loss as charges mounted, but the firm remains confident in its prospects as underlying the the

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1 May 2019 07:44

Inmarsat swings to loss, cites takeover costs

(Sharecast News) - Satellite telecommunications company Inmarsat posted a 12.9% drop in first-quarter earnings on Wednesday and said it swung to a pre-tax loss, but reiterated its future guidance.

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24 Apr 2019 16:08

UK Shareholder Meetings Calendar - Next 7 Days

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24 Apr 2019 16:06

UK Earnings, Trading Statements Calendar - Next 7 Days

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23 Apr 2019 14:02

Capital Group Companies Reduces Inmarsat Holding To Just 4.1% (ALLISS)

LONDON (Alliance News) - Inmarsat PLC on Tuesday said Capital Group Companies Inc reduced its stake in the satellite communications firm by more than half to 4.1% after a deal on the transaction,

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12 Apr 2019 12:57

Goldman Sachs Group Now Holds 6.2% Of Inmarsat (ALLISS)

LONDON (Alliance News) - Inmarsat PLC on Friday said that Goldman Sachs Group Inc now holds a 6.2% stake in the company.Goldman Sachs' holding in the satellite telecommunications firm,

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27 Mar 2019 16:14

Moody's Places Inmarsat Ratings On Downgrade Review Before Acquisition

LONDON (Alliance News) - Moody's Investors Service on Wednesday said it has placed Inmarsat PLC's ratings on review for downgrade in light of an upcoming acquisition by a placed the Ba2 of

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25 Mar 2019 16:55

LONDON MARKET CLOSE: Global Growth Fears Continue To Weigh On Stocks

LONDON (Alliance News) - London stocks struggled on Monday following the sell-off seen on Friday sparked by global growth worries, with the FTSE 100 starting the week on a soft note amid losses on

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25 Mar 2019 12:01

LONDON MARKET MIDDAY: Shares Lower In Cautious Trade After Sell-Off

LONDON (Alliance News) - Stock prices in London started the week on a lacklustre note following Friday's sell-off, with Ashtead and United Utilities weighing

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25 Mar 2019 11:25

WINNERS & LOSERS SUMMARY: Inmarsat Up On USD3.4 Billion Takeover Deal

LONDON (Alliance News) - The following stocks are the leading risers and fallers within the main London indices on Monday.----------FTSE 100 - WINNERS----------Standard up

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25 Mar 2019 08:50

LONDON MARKET OPEN: Stocks Down; Inmarsat Up After Agreeing Takeover

LONDON (Alliance News) - Stock prices in London were lower on Monday as investors fretted over falling US bond yields; however the FTSE 100 index of big international companies found some support

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25 Mar 2019 08:21

Inmarsat agrees take-private offer from Apax consortium

(Sharecast News) - A consortium of funds led by Apax Partners has made a $3.4bn (£2.6bn) offer to take satellite communications provider Inmarsat private.

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25 Mar 2019 08:00

TOP NEWS: Inmarsat Agrees Takeover By Apax Partners Consortium

LONDON (Alliance News) - Satellite firm Inmarsat PLC has agreed a USD3.4 billion deal with UK private equity firm Apax Partners LLP, Apax said on Monday.Last week, Inmarsat had said it had

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25 Mar 2019 07:45

LONDON MARKET PRE-OPEN: Inmarsat Accepts GBP3.4 Billion Takeover Offer

LONDON (Alliance News) - Stock prices in London are seen opening in the red on Monday, tracking Asian equity markets lower following heavy losses in the US on Friday, amid fears of an impending US

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