Telit Communications Share Discussion Threads

[wiseacre] 08/10/2017 18:27

Serra was also a major supporter of Quindel when it was on the skids

[hpcg] 06/10/2017 13:00

The third of the trifecta of unusual parties on the major shareholders list.

Mr. Davide Renato Ugo Serra is a Co-Founder, Founding Partner, Investment Advisor and Chief Executive Officer at Algebris Investments (UK) LLP. Prior to this, Mr. Serra served as a Managing Director, Global Banks Team Coordinator and Research Analyst at Morgan Stanley, Research Division. He headed the European banks research team at the firm. From 1995 to 2000, Mr. Serra was a Senior Analyst at UBS Investment Bank, Research Division. He catered to banks sector research .

[muffster] 06/10/2017 08:16

No news.... Not good news. Expecting cash call.

[master rsi] 04/10/2017 23:15

Charting

Higher lows on the chart for the last few days augurs well and the last parten of Candlestick is a " Bullish Harami "

1 month candlestick chart

[senor_sensible] 04/10/2017 10:58

Anyone thinking of putting hard earned cash in here should research Vanco from a few years ago.



don't assume the regulators have your back covered.

[senor_sensible] 04/10/2017 07:22

hxxps://www.barchart.com/stocks/quotes/TCM.LS

[bbluesky] 03/10/2017 19:11

Big boys is why: Baidu today announced that Qiyi.com (“iQiyi”), a majority-owned subsidiary of Baidu, Inc., has recently completed the issuance of convertible notes to a group of investors for an aggregate investment amount of US$1.53 billion. Baidu invested US$300 million in iQiyi as part of the note issuance. Other major investors include Hillhouse Capital, Boyu Capital, Run Liang Tai Fund, IDG Capital, Everbright-IDG Industrial Fund, and Sequoia Capital.

According to iResearch, in December 2016, iQiyi’s mobile app maintained its industry leadership with 481 million monthly active users and 5.579 billion hours of monthly user time spent, an increase of 20.08% and 27.18%, respectively, compared with the beginning of the year in January 2016. During the same time period, iQiyi outperformed the industry and was ranked the 7th top app by revenue globally, according to App Annie.

“I am very happy to announce this transaction and proud of what iQiyi has accomplished.” said Robin Li, chairman and CEO of Baidu. “iQiyi has been a great asset and an important part of the Baidu ecosystem. We look forward to supporting its further growth and enhancing the company’s initiatives through artificial intelligence technology.”


Sequoia Capital, Menlo Park have backed tech cos valued at $1.4 trillion....

[frazboy] 03/10/2017 17:49

So the Chinese outfit bought just over 1% of the company on the day of the trading statement - this is what supported the price.

[senor_sensible] 03/10/2017 14:46

market cap of TCM is higher than CLLN, Clln will have 4.8Bil turnover this year. I think TCM has a very long way to fall

[muffster] 03/10/2017 11:42

They've massaged the figures too much, now aggressive accounting needs to be unwound.... Gently is the approach but still same effect. Contract rich, cash poor, hidden dangers in the books awaiting discovery.

[senor_sensible] 03/10/2017 09:47

Reminds me of Vanco


Loads of contracts and good newsflow, but went bump and all the shareholders lost their cash..........

[owenski] 03/10/2017 09:10

Short positions show no signs of letting up, looks like they expect this to fall a lot further still.

Still say it's a decent business underneath, maybe the CFO should go and get someone who can deliver some clarity.

[muffster] 03/10/2017 08:11

Approaching the level of shorts on carillion.

[senor_sensible] 03/10/2017 07:23

Lombard Odier AM have increased their short here, now 13.8% of TCM is shorted. at this rate it will move into most shorted stock before the month is out.

[muffster] 02/10/2017 08:24

The manage bad news team here will be releasing updates to the market regularly as they become more critical. The known issue here is that cash flow is needed

[twistednik] 29/9/2017 15:23

Hmm, this is a tough call. Looks like a slam dunk short but weary of what the Chinese are up to. IMG fell sharply following their Apple news but rather than muddling on, the Chinese pounced...they appear to be supporting this one as well and holding the share price up. Wouldn't be surprised if they are brokering a deal with Oozi behind the scenes and once they have his shares, maybe we'll see their true intentions?

On the business, this is key: 'The departure of Mr Cats has also triggered a review of Telit’s operations as it looks to trim costs and refocus the company. The company is expected to pull back significantly on research and development spending to focus on its core technology.'

We now get to see how flexible the capitalised R&D spend is ! Usually smoke and mirrors with these businesses (don't focus on EBITDA!!) and my feeling is that this spend is required every year to keep the core business competitive.

So, can they streamline the cost base and reduce R&D to turn it into a cash machine (without jeapoardising too much future growth of course).

My feeling is the proof will be in the pudding.

[savagedstock] 29/9/2017 14:39

This 8s the problem with AIM and why u don't invest....you have no transparency. I know of telit as I am a very small buyer of their products....goodness only knows what the larger customers must be thinking....

[multiplural] 29/9/2017 14:32

Interesting to see thet Run Liang Tai Management was formed only a year ago. I wonder if it was formed specifically to buy Telit ?

[senor_sensible] 29/9/2017 13:44

I have a friend traveling to South Korea for a business meeting on Monday, much more worthy of cancelling IMO. A few demonstrations in Barcelona does not stop the world from turning.

[savagedstock] 29/9/2017 13:09

cancelling the meeting makes some sense - there is a bitter dispute going on in Barcelona and i suspect that things will unfortunately get ugly....however it does not detract from the view that what is going on at Telit is a facrce, and also teh AIM (lack of) authorities - someone can build up a 15% stake without any disclosure...

[senor_sensible] 29/9/2017 12:55

probs couldn't find anyone who could keep a straight face in the midst of this farce. Not only potential loss of relationship but also cost of refund and then re-arranging. bad form for a company trying to turn things around

[max1904] 29/9/2017 10:17

Dear Telit IoT Innovation Summit Sponsors & Attendees,

We regret to inform you that Telit is canceling the Telit IoT Innovation Summit, October 2 in Barcelona. We have reason to believe that the upcoming Catalan independence referendum vote that is scheduled for October 1 will significantly disrupt business on October 2 in Barcelona. We are concerned about the transportation and security during the days leading up to, and on October 2 for all Telit employees and guests of the event.

This was a difficult decision for Telit management, but we felt it was in the best interest of all involved. A full refund to all registrants, and sponsors will be made immediately. We apologize for the inconvenience this might have caused, and look forward to hosting similar events soon.

Telit is still committed to the IOTSWC and we look forward to seeing you there later in the week.

Please contact Amanda Flink with any questions.

Regards,

Shawn Reynolds

CMO

[max1904] 29/9/2017 10:16

BREAKING TELIT IOT SUMMIT ON MONDAY CANCELLED

hxxps://www.regonline.com/registration/Checkin.aspx?EventID=1982383&

[savagedstock] 29/9/2017 08:46

it seems highly suspicious that the chinese buyer has such a large stake, yet no one knows who they are....any thoughts? the track record of chinese investors and companies on aim isn't one to provide much hope...