Telit Communications Share Discussion Threads

[brambuz80] 13/4/2016 19:58

This company needs some serious PR to boost the share price...how many analysts are covering the stock? 1? 2?Business is good but it needs some proper PR in my opinion!

[eagle eye] 12/4/2016 20:58

John Lewis smart home department looks to an IoT enabled future:

[paleje] 11/4/2016 15:32

Last couple of years we've had a Q1 update in April, last year it was 13th. I noticed a '1' in the sells this afternoon, not sure if it's true but rumour has it they signal an RNS in waiting. There were a couple on Friday and lo and behold this morning.

It would be nice to break this listless drift.

[zipstuck] 11/4/2016 13:07

May also be opportune in that Novatel are selling off this sector.

[paleje] 11/4/2016 08:11

No, and they wouldn't do it for no reason. Not a 'material' impact they say, but it enhances their product offering...so there was a weakness in their product offering prior to the acquisition, presumably. Maybe it stops certain items from being available to competition as well as enhancing their own offering.

[jgoold] 11/4/2016 08:00

Is around £8 mm really a large investment for a company with a market cap of £234 mm?

[seans66] 11/4/2016 07:58

I think they mean in the short term projections. you like to think it would be very positive in the longer term or as you say why make such a large investment.

[bulltradept] 11/4/2016 07:45

So, spending $11 million on something which won't enhance financial performance!!!!

Is that wise????

[seans66] 11/4/2016 07:36

They don't expect it to have any impact on their financial performance so probably won't effect the share price too much, although it's very oversold, so you never know.

[bulltradept] 11/4/2016 07:13

TELIT COMMUNICATIONS PLC

Telit acquires IP and Cellular Module Products from Novatel Wireless

London, 11 April 2016 - Telit Communications PLC, (AIM: TCM, "Telit", the "Group"), a global enabler of the Internet of Things (IoT), has agreed to acquire several cellular module product lines, related IP and related assets from Novatel Wireless, Inc. (Nasdaq: MIFI, "Novatel"), for an initial cash purchase price of $11 million and conditional earn-out consideration, which Telit expects to be non-material (the "Acquisition").

As part of the Acquisition, Telit acquired specific IP and was granted an exclusive license to other Novatel IP related to the acquired cellular module lines, including subsequent versions currently in development.

Whilst this forms an important part of the Group's strategy to enhance its product offering in the security market segment, the Acquisition is not expected to have a material impact on the Group's financial performance.

Oozi Cats, Telit's Chief Executive, commented:

"The acquisition of these products and associated IP strengthens Telit's position in the security market segment, a segment that is expected to be an early adopter of LTE Cat1. The acquisition is part of our strategy to enhance our product offering by both acquisition and our own R&D."

[paleje] 03/4/2016 09:59

Agreed.
Nice show of confidence in IoT today, Sunday Times reporting John Lewis is backing IoT with the biggest retail space in Britain dedicated to internet-enable home appliances. JL spokesman said an 81% increase in smart home gadgets has inspired it to set aside 1000 sq.ft of dedicated space at its flagship Oxford St store.

[ch1ck] 03/4/2016 01:14

Share price has declined on low volumes. This should correct soon, a strong company balance sheet and now paying a dividend should drive the shares to a new high from recent bottom

[timmy11] 01/4/2016 12:18

maybe junior in office not aware of that

[droid] 01/4/2016 11:47

Yes, especially as they now have a divi to factor in.

[paleje] 01/4/2016 11:36

SW Mitchell Capital shorting now .51%, I thought we were getting past that.

[paleje] 30/3/2016 00:27

There was a trading update early Apr last year, wonder if they'll do same, can't quite see why the share price is being shunned when they've announced their first divi and made it clear free cashflow is going to rise significantly whilst still achieving double digit growth.

[ih_548510] 23/3/2016 17:52

Wed, 23rd Mar 2016 15:28 LONDON (Alliance News) - Telit Communications PLC said Chairman Enrico Testa bought 17,500 shares at 219.7 pence each on Wednesday.
Following the purchase, Testa now holds 1.1 million shares, or a 0.92% stake in the group.

[bared_bones] 23/3/2016 16:40

I'm sure oozi mentioned they preferred aim due to less regulations.

[paleje] 23/3/2016 14:52

Don't know what extra cost, if any, would be involved, they used to have thoughts about NASDAQ, perhaps they were just dreams.

Anyway looks like the chairman's dug into his pocket now, every little helps.

[zipstuck] 23/3/2016 13:58

May be a move to main market coming with increase visibility?

[paleje] 23/3/2016 13:55

Presumably from this morning's action shareholders don't like dividends:)

[zipstuck] 23/3/2016 08:11

Getting the shorters to pay divi on borrowed stock

[paleje] 23/3/2016 07:31

Good link , eagleeye.

Nice RNS this morning, small maiden divi.

[eagle eye] 22/3/2016 09:21

Well worth reading:

[pka3] 21/3/2016 13:44

Here we go again. TCM being dragged down. Good buying opportunity if it goes sub 210.