SKY and Space Global Ltd

SAS Details                  
                                                               
Partnered with Check Point: SKY and Space Global Ltd.’s (ASX: SAS) stock tumbled about 5.6% on September 27, 2017 while the group made a non-binding Memorandum of Understanding with Check Point Software Technologies for integrating Check Point’s cybersecurity solutions into the SAS communication platform, including the space and ground networks. The group expects to benefit from the high-end cybersecurity technologies of Check Point by leveraging into their system, services and products, which would accelerate their target of being a global satellites communications service provider with disruptive technologies. The group recently showcased their next generation satellite telecommunications networks – “The Pearls”, which is the group’s future equatorial constellation communications networks that would be launched in late 2018 while the program will be fully deployed by 2020. Their 3 Diamonds was able to show successful operations of being World’s First “New Space” Technology in the last three weeks. The group is well funded and is making discussions with possible strategic investors from the telco and satellite industry. SAS stock has fallen over 21.7% in the last six months (as of September 26, 2017) owing to volatile conditions while the company is yet to generate some positive financial results. We give a “Hold” on the stock at the current price of $ 0.17 

Pearls satellite (Source: Company reports)

Telstra Corporation Ltd        

TLS Details

Weakening of sentiments: The shares of Telstra Corporation Ltd (ASX: TLS) have been under pressure in this year and lost over 31.6% (as of September 26, 2017), followed by a slip of 1.4% on September 27, 2017. Concerns over the group’s leadership in Australia coupled with challenges relating to National Broadband Network rollout contributed to the weak investors’ sentiments. On the other hand, the group is focusing to enhance their productivity, and had reported for more than $1 billion net productivity target expected to be achieved by FY20. The group has, in fact, enhanced their target by $500 million and aims to deliver more than $1.5 billion net productivity by FY22. The group has particularly reduced its underlying fixed costs by $244 million in FY17. The continuous investment in core assets and acquisitions in applications and services are being proceeded with for business enhancements. We think that investors can leverage the subdued levels of the stock and maintain our “Buy” recommendation on the stock at the current price of $ 3.48

Disclaimer
 
The advice given by Kalkine Pty Ltd and provided on this website is general information only and it does not take into account your investment objectives, financial situation or needs. You should therefore consider whether the advice is appropriate to your investment objectives, financial situation and needs before acting upon it. You should seek advice from a financial adviser, stockbroker or other professional (including taxation and legal advice) as necessary before acting on any advice. Not all investments are appropriate for all people. Kalkine.com.au and associated pages are published by Kalkine Pty Ltd ABN 34 154 808 312 (Australian Financial Services License Number 425376). The information on this website has been prepared from a wide variety of sources, which Kalkine Pty Ltd, to the best of its knowledge and belief, considers accurate. You should make your own enquiries about any investments and we strongly suggest you seek advice before acting upon any recommendation. Kalkine Pty Ltd has made every effort to ensure the reliability of information contained in its newsletters and websites. All information represents our views at the date of publication and may change without notice. To the extent permitted by law, Kalkine Pty Ltd excludes all liability for any loss or damage arising from the use of this website and any information published (including any indirect or consequential loss, any data loss or data corruption). If the law prohibits this exclusion, Kalkine Pty Ltd hereby limits its liability, to the extent permitted by law to the resupply of services. There may be a product disclosure statement or other offer document for the securities and financial products we write about in Kalkine Reports. You should obtain a copy of the product disclosure statement or offer document before making any decision about whether to acquire the security or product. The link to our Terms & Conditions has been provided please go through them and also have a read of the Financial Services Guide. On the date of publishing this report (mentioned on the website), employees and/or associates of Kalkine Pty Ltd do not hold positions in any of the stocks covered on the website. These stocks can change any time and readers of the reports should not consider these stocks as advice or recommendations.