【小小机构】downgrade GOGO as underperforming# Stock
x*n
1 楼
Good side:
Still looking good on tower based technology.
Only license holder for tower based antenna
Bad side:
1. GOGO got too much attention on retail investors as well as strong
institution investors. We can see big player are keep shorting this poor guy
2. Only licensed tower base technology is outdated. 4Mbps is F slow and
useless
3. Satellites based technology does cost too much, GOGO is renting as the
same as row44, via sat, but via sat has tons of experience in this industry
and they got better relationship with satellite renting company
4. Contract is no longer exclusive, even in US, loyalty friend United is
using Panasonic as partner. And southwest is Never using GOGO. JetBlue? No.
5. Low take rate. 2hours flight doesn't require wifi, as well as night and
early morning flight. 16 dollars is not a big deal for a lot of people. But
like most people don't pay 10 dollars snacks in flight, 16 is still
something for many of you. Low price wifi can't make even, and 4mbps
technology cannot have too many connections
6. TA side, sell strength is way too strong, unless a big player getting
into this, otherwise no hope.
7. Buyout is almost impossible. GOGO is still burning money at this time,
and partner with T-Mobile will make other ISP stop. At least, it will not
happen in short term. And, how much can GOGO get from t mobile free text
service?
8. Convertible notes on the last year indicated this ISP required tons of
money on initial stage. Cash flow is a sure worrying.
9. Fidelity had at least 7+ independent research report showing bearish on
this stock, should mean something
YMYD
Still looking good on tower based technology.
Only license holder for tower based antenna
Bad side:
1. GOGO got too much attention on retail investors as well as strong
institution investors. We can see big player are keep shorting this poor guy
2. Only licensed tower base technology is outdated. 4Mbps is F slow and
useless
3. Satellites based technology does cost too much, GOGO is renting as the
same as row44, via sat, but via sat has tons of experience in this industry
and they got better relationship with satellite renting company
4. Contract is no longer exclusive, even in US, loyalty friend United is
using Panasonic as partner. And southwest is Never using GOGO. JetBlue? No.
5. Low take rate. 2hours flight doesn't require wifi, as well as night and
early morning flight. 16 dollars is not a big deal for a lot of people. But
like most people don't pay 10 dollars snacks in flight, 16 is still
something for many of you. Low price wifi can't make even, and 4mbps
technology cannot have too many connections
6. TA side, sell strength is way too strong, unless a big player getting
into this, otherwise no hope.
7. Buyout is almost impossible. GOGO is still burning money at this time,
and partner with T-Mobile will make other ISP stop. At least, it will not
happen in short term. And, how much can GOGO get from t mobile free text
service?
8. Convertible notes on the last year indicated this ISP required tons of
money on initial stage. Cash flow is a sure worrying.
9. Fidelity had at least 7+ independent research report showing bearish on
this stock, should mean something
YMYD