Thursday, April 8, 2021

Orbcomm Got Acquired. 3x My Position.

Short Post.


Basically, Orbcomm got acquired at US$11.50 per share. I have written in this post before that I had purchase Orbcomm at US$3.820 in Oct 2020. 

Thus, the acquired share price is 301% above my initial purchase price!

One of the methods I did was compared all the telematics companies in the industry (as per the excel pic below), and see where each company is located.


Other than the number of geographical countries/regions that it is located, Orbcomm also stands out as one of the main companies/or the only company that has a dual service system where it has satellite and cellular system. 

This allowed them to be a leader in tracking vessels in the marine sector as cellular does not work well in sea water.

In short, my opinion is that analysing the Qualitative information is as important as analysing the Quantitative information.

Now that Orbcomm is acquired, it is time to find the next company to re-deploy the cash!

If you are interested, please do bookmark this Blog or follow me on TUBInvesting FB, or Fundamental Scorecard Telegram Group (please google for the links!).

Stay tune for my next post!

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