Telit Communications Share Discussion Threads

[timmy11] 31/1/2019 16:21

lift off!!!

[timmy11] 31/1/2019 15:52

shorters beware

[timmy11] 31/1/2019 15:43

did not come out well

7 last big trades

84 628
84 620
200 000
200 000
389 095
91 407
480 407

[timmy11] 31/1/2019 15:24

big trades going th6.2
15:23:41 571

63,273 1,008,870 11,351
107 135.0 389095 O


134.4
136.2
15:22:25 389,095

62,702 1,008,870 11,351
106 135.0 200000 O


134.2
136.2
15:07:39 200,000

62,702 619,775 11,351
105 135.0 185 AT


135.0
136.4
14:55:12 185

62,702 419,775 11,351
104 135.0 11 AT


135.0
136.4
14:55:12 11

62,702 419,590 11,351
103 135.0 200000 O


135.0
136.2
14:54:41 200,000

62,702 419,579 11,351
102 134.5 84620 O


135.0
136.2
14:54:12 84,620

62,702 219,579 11,351
101 135.0 963 AT


135.0
136.7
14:40:04 963

62,702 134,959 11,351
100 135.0 825 AT


135.0
136.7
14:40:04 825

62,702 133,996 11,351
99 135.0 3212 AT


135.0
136.7
14:40:04 3,212

62,702 133,171 11,351
98 134.241 7371 O


135.0
136.8
14:34:11 7,371 rough

[muchodinero] 31/1/2019 11:22

Where's the confirmation of sale announcement? Oozi hasn't got the cash and disappeared???

[beezy1] 30/1/2019 09:18

Why no announcement from Telit, the EGM passed but that was only to empower the directors in the the takeover. It doesn't say the money is raised ?

[timmy11] 30/1/2019 02:36

the Board is pleased to announce that the Resolution set out in the Notice was duly passed
by the Shareholders by way of poll at the EGM held on 29 January 2019.

[timmy11] 28/1/2019 19:05

28/01/2019 4:00pm
PR Newswire (US)

Telit (LSE:TCM)
Intraday Stock Chart
Today : Monday 28 January 2019

Click Here for more Telit Charts.
LONDON, Jan. 28, 2019 /PRNewswire/ -- Telit, a global enabler of the Internet of Things (IoT), today announced that its ME910C1-K1 LTE module has received LTE Category M1 certification from SK Telecom. Featuring optimized power consumption and enhanced coverage for deployment including deep inside buildings, the ME910C1-K1 gives Korean enterprises, smart cities and other organizations a powerful new option for leveraging SK Telecom's Mobile IoT network.

[beergut] 22/1/2019 09:15

Any reason for the price rise. Will the sale go ahead?

[owenski] 21/1/2019 09:00

Big drop in short positions, now down to 4%

[owenski] 09/1/2019 09:57

Behind the curtains pulling the strings.

[bbmsionlypostafter] 09/1/2019 09:42

Where's Oozi hiding?

[beergut] 09/1/2019 09:09

Seems to catching a bid. Any rumours out there?

[owenski] 08/1/2019 21:44

Ennismore reducing yet again 7th Jan 1.58%

[owenski] 04/1/2019 15:51

I notice Ennismore have been reducing and as said share price diving, Ennismore have run the worst short position on this timing wise and probably have made little to zero money from it.

[pj 1] 04/1/2019 15:14

?? Shorts closing (buying)but the share price is still in freefall?

[owenski] 02/1/2019 14:44

Shorts still reducing, now at 6.10%

[timmy11] 30/12/2018 19:45

Sweet Karolina panicking...

get rid of your short position !!

[owenski] 29/12/2018 19:37

Interesting article, mentions a few of the areas TCM specialises in.

[sweet karolina] 27/12/2018 09:52

Its heads TCM shareholders lose, tails TCM shareholders lose faster. Good to see there are still some mugpunters who have not worked this out yet.

[rhambo] 27/12/2018 09:34

Looks lie only $30m of sale secured according to TUS announcement on their website. $55 'should' be coming from outside, so only in theory $85m of the $105m sorted (more like $30m...)_. Rest not sorted.

[sweet karolina] 27/12/2018 07:56

Automotive division made a pre tax loss in 6 months to Jun 18. TUS are tapping up banks and shareholders for the cash to buy this dog. 50/50 whether this deal goes through. If it does it leaves a cash burning dog which will go bust within a year. If is does not go through administration beckons within months.

[owenski] 26/12/2018 09:11

Just to add, it's 'Devicewise' where the money is to be made and not the infrastructure 'cards'. but one needs the other in place first. Infrastructure is commoditised and the margins are negligible. Data management is where the money is made. I believe the take up is slower than TCM projected.

[owenski] 26/12/2018 09:00

The problem with IoT and most things, IoT, data and big data related, is that the average punter including IT departments dont know what to do with it, there's a lot of hype but then the applications are not readily grasped.

I believe for all the market projections for CAGR growth, IoT is it's taking it's time to penetrate. This is why a lot of companies in this space, TCM especially, are running training and support workshops. Essentially, they have to show the punters what they can do with the kit. On industrial scale, these factory sized projects can take years to convert but it seems that when they do the benefits are apparent especially in IC Fab.

I also think that a lot of the reason why TCM isn't making money on the back of large headline sales figures is, in part, because of the current 'hidden' associated cost of sales.

TCM is building the connected infrastructure in the IoT space - along with others - and as such has a strategic importance even if at present it's finances are poor. It might become a target at some point.

Personally speaking, I don't write Oozi Cats off because of some past house flipping venture, if he's behind TCM still pulling strings then so be it, I credit him with more vision of where this company is likely to go than some paid suit hired to suit market requirements.

Have no position here and probably wont but it's an interesting company to watch, if I get some confidence on the financial situation here then my position might change. Still a decent business under the shenanigans.

[timmy11] 25/12/2018 18:56

thank you owenski