Telit Communications Share Discussion Threads

[owenski] 27/4/2018 08:44

Just keeping things very very simple, $375m is a lot of money and if that's what they are actually selling I find it odd that they cant seem to make any money from such a large amount of sales and have virtually no cash flow.

Would make sense if they only sold $100m, but +$300m.

[owenski] 27/4/2018 08:40

One day left, Monday, they're taking it to the last minute if of course they do report Monday...... I bet that new chairman is struggling to make sense of it and I bet the Israeli accents suddenly get very heavy and difficult to understand when he tries to get explanations. Shoulder shrugging and a sudden difficulty in being able to speak English might occur. lol

[owenski] 25/4/2018 13:40

Well they got 3 days to go to publish results, but there again - 'plan to' - aint the same as 'will do'.

Of course if the finances are proving more tricky to come clean over then maybe April will come and go.

[frazboy] 23/4/2018 09:05

good summary owenski

[savagedstock] 16/4/2018 22:50

Agree its a kitchen sink job to provide a ridiculously low base to flatter the new chairman. Question is what price rights issue and who will underwrite it. I find it a tough one - absolutely crooked management and ownership, but a business that does make sales (if true!)....it's in an interesting sector with the next gen of LTE modules dropping to prices for 4G that will allow more rapid adoption...

[frazboy] 16/4/2018 16:46

13th March last year. No one who has followed this board, will be surprised that they're a little later this year, but it's surprising they're this late.

[rubenslash] 16/4/2018 16:07

Results will be bad. Pretty sure they will try to impair/take into cost as much as possible of the inflated balance sheet to start with a clean sheet in 2018. I expect net income to be in the red.

[savagedstock] 15/4/2018 09:30

When are the results due?

[pugugly] 27/3/2018 18:11

Vast volume today - Some 5 to 10 times normal and slight share price bounce - Relief rally ?

Will be interesting to see if any holding announcements.

[smithless] 27/3/2018 12:57

YF is the only one who knows where the skeletons and buried. No one is going to make an offer (if anyone was ever interested), whilst the FCA investigation is ongoing.

[owenski] 27/3/2018 12:25

They really do need to get rid of YF if they want to sweep out the rot here.

[senor_sensible] 27/3/2018 11:04

wonder if they will suspend the shares pending the FCA investigation.

[frazboy] 27/3/2018 10:42

they certainly did

[owenski] 19/3/2018 08:41

Ennismore sold down to soon lol

[bobmonkeyhouse] 17/3/2018 19:04

below a pound in the next few weeks....watch

[augustusgloop] 13/3/2018 22:25

Once again we see that Auditors get paid large sums to pass the accounts -- without doing a proper audit.

The more the auditors are prepared to let through unchecked - the more the Companies are prepared to pay them.

It is difficult to know what companies can be trusted now.

In the end, investors may have to make decisions based on nothing but changes in cash -- because everything else is being fiddled.

[youthstockperspective] 13/3/2018 15:07

Incredibly interesting perspectives that are worth reading:youthstockperspective.com

[owenski] 13/3/2018 15:07

Ennismore haven't handled their strategy very well.

[savagedstock] 13/3/2018 14:09

I have a very pessimistic view of the world and I am looking at everything from the short side now...some are easier than others and the rotation of shorting between sectors will develop, but at the moment anything tech related, with lots of intangibles on the balance sheet, poor cashflow is high on the list....the only worry I have is the cost of borrow

[hpcg] 13/3/2018 11:03

I had taken this off my short radar, but am now reconsidering.

[senor_sensible] 13/3/2018 10:07

Basket case, company will be owned by the banks and then sold off soon enough, IMO salvage what you can and get our now.