Global Invacom

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9 years 9 months ago #21613 by Mel
Replied by Mel on topic Global Invacom
Chen5, what is this business all about? It's frustrating trying to understand G. Invacom's satellite business. Its share buyback has been impressive but I have not much ability to understand its market. Sigh

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9 years 8 months ago #21759 by Joes
Replied by Joes on topic Global Invacom
Global Invacom hit a high after breaking through its critical resistance level of 0.40 on moderate volume. Bulls have gained control?

Trading above all of its moving average resistance lines (20-day, 50-day and 100-day). Upward momentum for the short-term is also strengthening to the upside.

Medium-term, price target remains at 0.60. Can?

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9 years 4 months ago #22271 by Joes
Replied by Joes on topic Global Invacom
share price: 30 cents. Target.....

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9 years 4 months ago #22299 by sykn
Replied by sykn on topic Global Invacom
After the recent good news, its price is holding well despite the sell off in today's market. There is a video clip of Bloomberg's interview with Richard Branson on his investment into setting up a global satellite communications network to bring broadband access into places like Africa and India. I don't know how to create the link here, but it's worthwhile viewing.
The following user(s) said Thank You: Joes

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9 years 3 months ago - 9 years 3 months ago #22309 by Joes
Replied by Joes on topic Global Invacom
www.bloomberg.com/news/videos/2015-06-25...-in-global-broadband

@sykn: Just the URL will suffice.


In the interview the Bloomberg interviewer is very aggressive and domineering and Branson is looking a little nervous. Just my observation.
Last edit: 9 years 3 months ago by Joes.

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9 years 3 months ago #22314 by sykn
Replied by sykn on topic Global Invacom
I agree with your observation. My guess is that he was pitching it as an NGO (for charity) initiative but deep down, I think he's in it to make lots of money. Hence the words that come out may sound a little hesitant!

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