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| Share Name | Share Symbol | Market | Stock Type |
|---|---|---|---|
| Telit Communications Plc | TCM | London | Ordinary Share |
| Price Change | Price Change % | Share Price | Last Trade
|
|
|---|---|---|---|---|
| 0.00 | 0.00% | 229.00 | 01:00:00 |
| Open Price | Low Price | High Price | Close Price | Previous Close |
|---|---|---|---|---|
| 229.00 | 229.00 |
| Top Posts |
|---|
Posted at 28/5/2021 12:35 by weatherman DBAY backed by Chinese co to take over TCM. |
Posted at 25/5/2021 09:24 by weatherman So, Telit management have been advised the offer undervalues TCM, but recommend it because they think it offers an acceptable exit route for shareholders. Hmm? |
Posted at 28/1/2021 14:31 by sphere25 Looking around an edgy market for strong demand and it's actually TCM which is well bid. It's only blooming TCM! The company that makes up its own operating metrics: Double Adjusted Door Hinge Cash Flow of the Cash Flow.Not a fan of this one, but it could be an interesting technical play, with the price testing a significant breakout at 211p presently. DBAY look to be enormous buyers in the market who are exhausting sellers day after day so a possible breakout candidate here. Looks like DBAY have been mopping up around that 205-206p mark so a well bid exit point there if it doesn't breakout for anyone who wants to have a very short term high risk go here. Actually typed a semi/quasi sort of bullish post on TCM for the first time ever! Off to throw up! :-) All imo DYOR |
Posted at 19/1/2021 15:31 by weatherman To be fair TCM rejected UBLOX 250p offer first, before UBLOX decided they didn't want to fight for it - maybe the possible law suit tipped the balance. Will be interesting to see if DBAY are still buying. I sold this am on news of possible law suit, as no indication of scale of possible liability, although it looks a bit speculative if Phillips is going after several vendors. I may buy back if it goes lower, and we know the possible liability. |
Posted at 19/1/2021 10:36 by owenski The situation with 'Phillips' is not uncommon. but remains of some concern.However, Ublox, had a look and walked, would be interesting to know why, TCM were initially positive on this and tried to sell it to shareholders, and now having been rejected, are saying we're better off on our own anyway. Hmmm. |
Posted at 19/1/2021 08:19 by savagedstock have followed this one for a few years and got no position (to me it is a clear short)...1 ublox walking away - agree it was all shares and no cash, but quick question is what did they find? My hunch relates to point 3 below...TCM are not exposed to teh rapid growth telehealthcare market..... 2 penultimate para the key....Philips suing TCM and others (interested to know who else),a nd on what products? this will take years possibly to work through and remain an overhang issue...and of course the additional costs of defending themselves 3 thought the headline figures are mediocre at best...there has been a global explosion in IoT, especially medical related, but that is not their area. You would have expected double digit growth given the market backdrop.....they need to make a acquisition in this area 4 core products are not good enough....inadequate certification in key markets, component changes that do not allow a seamless move to next gen products etc....an AWFUL lot to be done on the basics |
Posted at 19/1/2021 07:08 by timmy11 Telit Communications Plc (LSE)LSE:TCM Telit Communications Share News (TCM) 1 Follow TCMBuySell Share Name Share Symbol Market Type Share ISIN Share Description Telit Communications Plc LSE:TCM London Ordinary Share GB00B06GM726 ORD 1P Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade 0.00 0.0% 205.00 203.50 205.00 0.00 00:00:00 Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m) Technology Hardware & Equipment 296.0 45.1 27.1 7.7 271 Alert Telit Communications PLC Year end trading update 19/01/2021 7:00am UK Regulatory (RNS & others) Telit Communications (LSE:TCM) Intraday Stock Chart Tuesday 19 January 2021 Click Here for more Telit Communications Charts. TIDMTCM RNS Number : 0990M Telit Communications PLC 19 January 2021 The information communicated in this announcement is inside information for the purposes of Article 7 of Regulation 596/2014. Telit Communications PLC Year end trading update London, 19 January 2021- Telit Communications PLC ("Telit", "the Group", AIM: TCM), a global enabler of the Internet of Things (IoT), has published a trading update for the year end at 31 December 2020. The Group is pleased to report that revenues are expected to be $343.0 million (2019: $382.8 million excluding automotive), a decline of 10.4 % , which shows considerable resilience in the face of the significant impact Covid-19 has had on the Group's global markets. It has been very encouraging that IoT cloud and connectivity revenues have continued to grow and are expected to be up by 6.1 % to $43.5 million (2019: $41 million), driven by the continued strong performance of both the connectivity and platforms businesses, supporting the Group's primary strategic focus on industrial IoT services. As previously notified, the Group has taken decisive and timely mitigating measures to limit the impact of the pandemic on the Group's adjusted EBITDA, which is expected to be in the range of $38-$41 million (2019: $38.2 million including two months EBITDA contribution from automotive business). Group profit in cash is expected to be in line with the Board's expectations. As at 31 December 2020, the Group's net cash position is expected to be $63 million (31 December 2019: net cash $48 million). Paolo Dal Pino, Chief Executive Officer Telit, commented: "Telit has been able to successfully improve operational results, profitability and cash generation in the face of the ongoing impact of the COVID-19 pandemic thanks to our refocused strategy and operational transformation in recent years, as well as the swift actions taken by the Group early in 2020. This resilience has allowed us to fully maintain our strategic and operational plans despite a market slowdown in customer demand, and to continue to offer leading 4G products and an expanded 5G offering, which received additional certifications and design wins in 2020, to customers looking for long-term IoT solutions. "We have the right strategy in place and expect to further expand our innovative offering fully focused on industrial IoT. Telit is well-positioned to harness future opportunities in a world that will become even more connected. We have noted the announcement from u-blox yesterday that it does not intend to continue with its offer for the company. We have a sound strategy and strong fundamentals. The Board remains confident in Telit's prospects as an independent company and believes it remains significantly undervalued when compared to similar companies. We do not believe this discount can be justified and will continue to work on initiatives that will help to eliminate it and deliver the increases in shareholder value that our underlying performance justifies." The Group expects to publish its full year results in April 2021. |
Posted at 07/1/2021 10:46 by timmy11 Telit Communications Plc (LSE)LSE:TCM Telit Communications Share News (TCM) 4 Follow TCMBuySell Share Name Share Symbol Market Type Share ISIN Share Description Telit Communications Plc LSE:TCM London Ordinary Share GB00B06GM726 ORD 1P Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade -1.50 -0.73% 204.50 204.00 205.00 204.50 200.00 201.50 126,472 09:53:34 Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m) Technology Hardware & Equipment 296.0 45.1 27.1 7.7 270 Alert Telit Communications PLC Termination of u-blox discussions 07/01/2021 10:32am UK Regulatory (RNS & others) Telit Communications (LSE:TCM) Intraday Stock Chart Thursday 7 January 2021 Click Here for more Telit Communications Charts. TIDMTCM TIDMTTM RNS Number : 9195K Telit Communications PLC 07 January 2021 NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION IN WHOLE OR IN PART, DIRECTLY OR INDIRECTLY, IN, INTO OR FROM ANY JURISDICTION WHERE TO DO SO WOULD CONSTITUTE A VIOLATION OF THE RELEVANT LAWS OR REGULATIONS OF THAT JURISDICTION. THIS ANNOUNCEMENT CONTAINS INSIDE INFORMATION FOR IMMEDIATE RELEASE 7 January 2021 Telit Communications PLC Termination of u-blox discussions On 20 November 2020, Telit Communications PLC ("Telit" or the "Company") announced that it had received a preliminary proposal from u-blox Holding AG, ("u-blox") regarding a possible all-share merger. On 17 December 2020, Telit reiterated that commercial discussions with u-blox were ongoing. Telit today confirms that it has written to u-blox to terminate these talks. Telit has in recent months received a number of proposals, each of which has been previously announced, which the Board has explored with its advisers. The Board noted the potential industrial logic in a combination with u-blox that could create value for shareholders of both companies. However, following extensive discussions with u-blox, the Board does not now believe that it will be possible to reach agreement on terms which would ensure value creation for Telit's shareholders. Given that the Group is confident in its prospects, is well capitalized, and has a strong position in a growing market segment, the Board remains confident it can deliver growth in shareholder value as an independent entity. It does not consider that a protracted period of uncertainty and distraction is in the best interests of Telit or any of its stakeholders. Telit looks forward to providing a fuller update on its financial performance on or before 21 January 2021 ahead of its final results in April 2021. Telit is pleased to report that the swift actions taken by the Group at the beginning of the Covid-19 pandemic successfully protected the Group's financial performance for the full year 2020 against the slowdown in customer demand and enabled it to fully maintain its strategic and operational plans, without the need for further action. The person responsible for arranging the release of this announcement on behalf of Telit is Eyal Shefer (Chief Financial Officer). Regulatory information: for the purposes of the Code the Company remains in an offer period and, notwithstanding this announcement, in accordance with Rule 2.6(a) of the Code, u-blox must, by no later than 5.00 p.m. on 18 January 2021, either announce a firm intention to make an offer in accordance with Rule 2.7 of the Code or announce that it does not intend to make an offer for the Company, in which case the announcement will be treated as a statement to which Rule 2.8 of the Code applies. For enquiries: |
Posted at 06/1/2021 19:29 by chris2020 Checkout betaville at 240pm today; citing latronix now teaming up with PE at a 220p offer; and new price range for ublox offer at 250 - 300p with special divi from existing TCM cash |
Posted at 26/11/2020 11:39 by fillipe TCM buys ... looks as though 206p is being paid for TCM with enthusiasm.A lot of trades today. f |
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