Share Name Share Symbol Market Type Share ISIN Share Description
Telit Communications 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
  +1.00p +0.62% 163.00p 163.00p 163.90p 165.00p 161.80p 161.80p 120,427 13:33:55
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Technology Hardware & Equipment 299.8 15.5 11.7 15.7 208.25

Telit Share Discussion Threads

Showing 6851 to 6872 of 6875 messages
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DateSubjectAuthorDiscuss
18/1/2018
09:16
Abit of a rally yesterday - not another "bid rumour" was it lol Should be a trading update soon, perhaps a rally ahead of that. For those new to this company and buying, get out into this spike - this stock has a long way to fall yet. Dodgy crooked companies like this should be delisted.
sphere25
18/1/2018
01:18
Why no one write on this page anymore, (almost a month since the last post!)IS EVERYTHING OK?
ibrahimshah
17/1/2018
21:22
Why are we up 13 % today. Have any news come out re the rumour of a buyout, or is there anything else out there ?
multiplural
15/12/2017
11:12
Surprise surprise! More bad news being dripped out by this untrustworthy entity. - "The Group is in advanced discussions with this bank to agree an advance waiver of potential breaches of its covenants as at 31 December 2017" - another breach, that's alarming! - "Pressure on gross profit margins" - "Exceptional charges of approximately $25m" - "$16m of non-cash write downs of capitalised development costs and inventories that relate to discontinued products and activities" They could keep doing this in future, and despite being non-cash, that is still $16m of investors cash blown. Yes, there are some positives on reducing the cost base, but do we really believe it will result in.... "In 2018, we expect double digit revenue growth, fueled by the important 2017 US certifications, which together with our reduced cost base will lead to a significant improvement in free cash flow generation." Not a chance! What is a significant improvement in free cash flow generation in TCM terms ---> something like -$5million to -$4 million ---> there is no free cash generation! They will warn again, generate zero free cash, come out with more significant write downs, and then come crawling back to investors for more cash. The only actual surprise is the small movement in the stock and that Serra and Run Tai haven't realised (in light of all the bad news since they built stakes) just how much they're going to lose here. Stay short ----------------------------------------------------------------------------------- Sphere25 23 Nov '17 - 19:21 - 6367 of 6374 Edit 0 0 0 Stay short - more bad news to come. Run Liang Tai --> Muppets Davide Serra ---> Known muppet Not alot else to say until we hear more negative news on fundamentals. Sphere - short ---------------------------------------------------------------------------------- Sphere25 - 28 Sep 2017 - 06:31:36 - 6077 of 6367 Telit Communications plc - TCM Oh dear, oh dear, oh dear! It's all starting to drip out! The crooks are downgrading revenue and EBITDA, as well as reviewing product lines, because they're cooking the books. As for the convenant issue, this company doesn't generate free cash flow. This bit was worth a good laugh too: "Telit expects to see, as normal, significant cash generation in the second half of the financial year" Been saying it's going to get ugly for a while and it will keep getting uglier for here. I am short again now, but all the signs are there to make even the dimmest wonder what is actually going on here. All imo
sphere25
08/12/2017
17:18
Note the purchase of 1.25 million shares in three tranches at lunchtime today. That is not far short of £2million. Does somebody know something? Has the company sold its automotive division I wonder. Insider dealing has been a feature of this company.
wiseacre
06/12/2017
08:36
No dear boy they are desperately trying to sell the crown jewel (the automotive division) to shore up their finances. Promised trading statement early December. Delay doesn't look good.
wiseacre
05/12/2017
12:29
But, but, but.... The acquisitions are still on track, aren't they? £39M raised for that purpose 7 months ago today. Obtaining money under false pretenses? Https://uk.advfn.com/stock-market/london/telit-TCM/share-news/Telit-Communications-PLC-Placing-of-New-Shares-rai/74509678 The proceeds from the Placing will be used to fund several identified acquisition opportunities, mainly in the IoT Services sector, which the Company will look to execute in the near to medium term.
bbmsionlypostafter
05/12/2017
11:46
All quiet here. Trading update due. Rights issue a definite possibility in light of the margin compression on the LTE products ( which were to be the company's saviour - slight exaggeration, i agree, but the service side of the business isn't going to be cash generative any time soon), not to mention the cash drain from the rationalisation programme. I closed my short immediately after the auction - on the update in late November - prior to the dead cat bounce and rollover. Annoyingly there's still no borrow so cannot reopen.
frazboy
30/11/2017
11:28
In this video Understanding Accounts by Leon Boros. TCM's cashflow statement is examined, and Leon gives his interpretation. hxxp://www.piworld.co.uk/2017/11/30/leon-boros-understanding-accounts-interviewed-by-tamzin-freeman/
tomps2
27/11/2017
20:40
A lot of small purchases from the fools who can't help themselves I guess.
wiseacre
23/11/2017
21:21
I wasn't able to go short again, so a bit gutted. Looks like the next stage of unravel. London listed shares do not have a good history when it comes to 2nd halves making up bad 1st halves.
hpcg
23/11/2017
19:21
Stay short - more bad news to come. Run Liang Tai --> Muppets Davide Serra ---> Known muppet Not alot else to say until we hear more negative news on fundamentals. Sphere - short ---------------------------------------------------------------------------------- Sphere25 - 28 Sep 2017 - 06:31:36 - 6077 of 6367 Telit Communications plc - TCM Oh dear, oh dear, oh dear! It's all starting to drip out! The crooks are downgrading revenue and EBITDA, as well as reviewing product lines, because they're cooking the books. As for the convenant issue, this company doesn't generate free cash flow. This bit was worth a good laugh too: "Telit expects to see, as normal, significant cash generation in the second half of the financial year" Been saying it's going to get ugly for a while and it will keep getting uglier for here. I am short again now, but all the signs are there to make even the dimmest wonder what is actually going on here. All imo
sphere25
23/11/2017
18:01
Pug ugly Wonder how 5he Chinese investor feels after all that buying? And I very much doubt it's a 'kosher' investor... Cost to borrow probably gone through the roof....so difficult to borrow to short more... Interesting posts on what they might disclose in 2H but my hunch after 25 years of experience is that it will be break even....and huge cash outflow. I am not invested but unfortunately I used their chips in my business which turned out to be poor....got another chips supplier lined up....
savagedstock
23/11/2017
16:15
Savagedstocks 6355 (above) "anyone who has ever watched an Israeli company on AIM should know the outcome - train crash in slow motion" Needs repeating from personal experience - Nearly as bad as many small Chinese stocks -
pugugly
23/11/2017
15:21
savagedstock, much of the new technology is actually not needed... I'm still trying to figure out why there is any need for smart meters to give utility companies gas & leccy readings when I can do the same thing in about 30 seconds 4 times p.a.
bbmsionlypostafter
23/11/2017
14:25
Looks to me that the borrow is off, neither IG nor city are taking short positions. IG showing 57% short last time I looked
frazboy
23/11/2017
13:21
In today's RNS: "We are aware of the concerns raised regarding share trading undertaken by Yosi Fait in July 2017. We have absolute confidence in his integrity and believe, having examined the share trading with the assistance of external legal advice, on this basis that it was lawful." I too see nothing whatsoever wrong with Yosi Fait's share trading in July 2017. Mainly because he didn't trade any shares in July. Perhaps they should have examined his share trading in June when on the 28th he netted himself one-and-a-half-million quid. hTTps://www.investegate.co.uk/telit-communications/rns/director-s-dealing/201707041525021035K/ [Date of the transaction: 28 June 2017] They can't even get the month of the offensive trade right lol.
henchard
23/11/2017
13:10
Interested in renewing my short position now. In what line of business do new products have a lower margin that old ones? The reason for producing new products is that they have a higher margin, otherwise why invest?
hpcg
23/11/2017
12:56
It is mind blowing the number of small purchases of this disgraced company. What are these people hoping for: the sale of the automotive division, the crown jewel, which has been on the block since August; a takeover of the company? Who would bid for this hotchpotch ahead of another trading statement and another likely breech of its banking covenants? Come on pull the other leg!
wiseacre
23/11/2017
12:04
For "more resilient" read 'more stupid'. Https://ftalphaville.ft.com/marketslive/2017-11-23/ Telit Communications PLC (TCM:LSE): Last: 166.00, down 23 (-12.17%), High: 170.00, Low: 146.00, Volume: 2.93m 11:46 am BE So! Profit warning. 11:47 am BE To go along with the confirmation that the 888 chap is being dropped in. 11:47 am BE Earnings "materially below" previous 11:47 am BE Second warning, of course. Already cut to $44-48m from $47-60m in September. 11:49 am BE The more surprising news perhaps is that Yosi Fait takes over as CEO 11:50 am BE You'll remember Mr Fait slotted a bunch of shares in July. 11:50 am BE As in, half a million immediately before Telit's H1 numbers. 11:51 am BE Which is something the FCA's looking into 11:51 am BE But Telit, having asked its finest legals, has concluded that it's all fine. Nothing to worry about. 11:51 am BE The reason the shares aren't lower, I'd wager, is a kind of reverse Darwinism. 11:53 am BE Everyone who was invested in Telit but who also had a firm grip of reality will have exited a long time ago. 11:53 am BE In the face of bad news, the folks who are left seem a more resilient bunch.
bbmsionlypostafter
23/11/2017
12:00
Some coverage of this on FT Alphaville this morning, not particular analytical but definitely amusing. I quote: "The reason the shares aren't lower, I'd wager, is a kind of reverse Darwinism. Everyone who was invested in Telit but who also had a firm grip of reality will have exited a long time ago."
frazboy
23/11/2017
11:56
This is absolutely shocking and is heading south very fast. there is no way that they would have changed the Israeli management and anyone who has ever watched an Israeli company on AIM should know the outcome - train crash in slow motion. The new Chairman is a sop to the NOMAD to keep it listed.... SO - with earnings (irrelevant) but CASHFLOW seriously below expectations, what are the banking covenants looking like??? I assume they will need more cash urgently, so maybe a highly dilutive rights issue coming up - question is who will underpin this and at what price - 30p, 50, £1....take your pick. Maybe this humongous rich HK backer will mop it up (or is that the old CEO in disguise?) The real, problem is that the new LTE stuff is on wafer thin margins, the real value is in the old technology (depreciated and therefore at almost 100% marginal profit)...
savagedstock
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