- The company is burdened with large debts, a declining GEO business and recently a satellite malfunction. The share price has collapsed nearly 90% in a year.
- However, the credit covenant was loosened and the company has healthy businesses, generating cash flows. It even still pays a dividend.
- We think the company has a decent shot at survival, in which case the share price could recover substantially and make up for the cost of hedging and then some.
Maxar Technologies: One For High Risk, High Return Investors
January 22nd, 2019 · No Comments