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ANOTHER OF OUR INFAMOUS “HEADIN TO VEGAS” PLAYS. BONDS AT FIRE SALE PRICES.

February 9, 2017

WARNING:  SUPER RISKY.  PLAY WITH MONEY YOU CAN AFFORD TO LOSE.

Every so often you gotta have some fun and take a risk.  Right?

This time we are flying out to space and buying a satellite operator.

Image result for satellites

We are buying Intelsat: the corporate bond is priced at a stupid price of $355.  The plan is for the bond to mature at $1000 and also receive the dividends for five years.

Go to the link below which provides an extensive discussion.

CUSIP# 458204AP9

Matures June 2021

This week’s we look toward space, where this week’s bond issuer focuses its energy and resources. Intelsat is the world’s leading satellite operator in terms of capacity and geographic reach.  The company has had a busy 2016, with several exceptional developments, including;

  • Debt reduction in the amount of $704.2 million,

  • Extending of its debt maturities (its next debt maturity is not until 2021).

  • Successful launch of four additional satellites, and

  • Q3 2016 net income of $195.6 million versus $78.0 million a year earlier.

http://bond-yields.com/blast-upwards-to-over-40-yields-with-intelsats-june-2021-bonds/

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An Emerson College poll found that 49 percent of U.S. voters believe that the Trump administration is “truthful,” while only 39 percent feel that way about the news media. Worse, for the so-called “opposition party,” 53 percent of those surveyed described the media as “untruthful.”

The poll, released on Tuesday, also showed that Americans are divided on Trump’s performance so far — 48 percent of registered voters approve of the job that Trump is doing, compared to 47 percent who disapprove.

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