Blog Posts

Yesterday Spire Global announced that it planned to merge with the already-listed SPAC, NavSight Holdings (NSH).  Spire is a young, high growth, high quality company already serving major customers with critical data collected by their fleet of earth observation small satellites.  We're excited about the company's entry to the public markets and own NSH in staff personal accounts.

We will be covering Spire in due course, across all our subscription investment research services. 

Subscription services currently open to new members are:

• Cestrian Elements - short form content based on deep dive research.  Real time alerts.  $99/month on StockTwits.  Take a 7-day free 'Elements' trial.
• Cestrian Fundamentals - detailed work and analysis, with real-money long term portfolios and short term trade ideas in technology and space stocks.  $199/month on SeekingAlpha.  Take a 14-day free 'Fundamentals' trial.

We spoke to the Spire CEO back in 2019.  We published the interview at the time but thought it worth revisiting now as a backgrounder.  Much will have changed at Spire but here's the story as told to us back then.

In the coming weeks we will be adding a number of stocks to our 'Cestrian Pro' research service.  They will include:

• Iridium Communications (IRDM), a pureplay space stock
• L3Harris (LHX), a defense contractor building share in the government space sector
• Salesforce (CRM), an enterprise cloud software consolidator

Not yet a Cestrian Pro subscriber?  Read on.  We walk you through the service below. 

Now available for Cestrian Pro subscribers, our stock-by-stock review of the names we cover in the service.  We review the progress of AJRD, DT, MANT, MAXR, NOC, SAIC and SPCE.  Pro subscribers can access the review here.

Not yet a Cestrian Pro subscriber?  Read on.  We walk you through the service below. 

Aerojet Rocketdyne (AJRD) has never been in better shape.  Ever.  Its stock is approaching a key level.  Our Pro subscriber update is now live - Pro subscribers can access the note here.

Aerojet Rocketdyne (AJRD) continues to grow its backlog at a rapid clip; revenue growth is stepping up; cashflow has exceeded EBITDA in the last twelve months; and the company is now in a net cash position.  The stock remains undervalued in our view.  Our August Update for Pro subscribers is now live.  You can find it here.  Not a subscriber?  Purchase the update on a one-time basis here.

In the six weeks since we commenced coverage of Virgin Galactic ($SPCE) in our "Pro" service, the company has seen its stock price soar and plummet, hired a new CEO, and raised a big chunk of change.  Situation normal in the life of a pre-revenue company.  Our August Update for Pro subscribers is now live.  You can find it here.  Not a subscriber?  Purchase the update on a one-time basis here.

We have a number of notes coming your way soon if you're a Cestrian Pro subscriber.  Watch out for update notes on Aerojet Rocketdyne (AJRD) and Virgin Galactic (SPCE).  We touch on these topics below.  We also have new-name coverage of Maxar Technologies coming to our Pro service soon.

 

We're in the thick of earnings season right now.  The space and defense stocks we cover report last week and this.  We made a couple nice calls on two stocks in the last two days, being Northrop Grumman (NOC) and ManTech International (MANT).  Both rose on earnings today and we had the good fortune of flagging the high of the day for subscribers wanting to take profits on the latter.  Below we walk you through the numbers, what happened and how we got there.