Telit Communications Share Discussion Threads

[smithless] 02/2/2020 10:13

ininity - net cash used (outflow) in operating activities H1 30 June 2019 was £19.8m, plus you need to add £8.1m for capitalised development expenditure, which should be expensed through the P&L. Capitalising development expenditure is usually a way of increasing profit or in Telit's case a loss in H1 (Telit has done this many times over the years, thus why it is always running out of cash). One should always be wary of companies which don't expense CAPEX via the P&L, when at the same time have high amortization of intangible assets - £8.1m in Telits's case. Much of the intangibles on it balance sheet are low margin rubbish and not generating any quality cashflow.

[zipstuck] 28/1/2020 08:22

I sadly sold out this morning as I cant figure out what impact China supply might have on Q1 2020

[timmy11] 20/1/2020 12:37

now going back up

who ever bought at 1.50 did well

[timmy11] 20/1/2020 12:33

maybe something to do with jp morgan shorting

these american play a dirty game

[beergut] 20/1/2020 12:12

Are the MM clearing out everyones stops to get their stock ready for the next leg up.

Or is the beginning of yet another steady decline.

[infinity7] 19/1/2020 14:25

smithless, what cash outflow do you mean?

Net cash June 30, 2019 is $44.7m. As at 31 December 2019, the Group's net cash position is expected to be $48 million.

[zipstuck] 15/1/2020 07:00

I think we need to see the debtors figure in the accounts as a result of Q4 sales increase. Clearly they are investing in the technology which should bear fruit.

[smithless] 15/1/2020 06:48

Like the space they are in and follow, but still big outflow of cash in H2. Wish they would just give a PBT or LBT figure range in the trading updates

[timmy11] 14/1/2020 20:42

----
3. Details of person subject to the notification obligation(iv)
Name Société Générale
SA (SG SA)
City and country of registered office Puteaux, France
(if applicable)
4. Full name of shareholder(s) (if different from 3.)(v)
Name
---------------------------------------------
City and country of registered office
(if applicable)
---------------------------------------------
5. Date on which the threshold was 10/01/2020
crossed or reached(vi) :
---------------------------------------------
6. Date on which issuer notified (DD/MM/YYYY): 13/01/2020
---------------------------------------------
7. Total positions of person(s) subject to the notification obligation
% of voting % of voting rights Total of both Total number
rights attached through financial in % (8.A + of voting rights
to shares (total instruments 8.B) of issuer(vii)
of 8. A) (total of 8.B
1 + 8.B 2)
------------------ ---------------------- -------------- --------------------
Resulting situation
on the date
on which threshold
was crossed
or reached 6.19% 0.00% 6.19% 132,691,291
------------------ ---------------------- -------------- --------------------
Position of
previous notification
(if
applicable) 5.99% 0.00% 5.99%
------------------ ---------------------- --------------

[zipstuck] 14/1/2020 08:32

Good ramp in revenue in December by the look of it. If the momentum continues will reflect next year.

No shorters have appeared yet

[timmy11] 14/1/2020 08:21

IOT improving incredibly well

[owenski] 14/1/2020 07:16

I notice short positions have nudged up a tad to 3.97%

Wellington up from .82 to .90

The connectivity side of the business is growing and is the high margin part of the business

"IoT Cloud and connectivity revenues are expected to be $41 million (2018: $34.1 million), up by 20.2%, driven by a strong performance of both the connectivity and the platforms businesses"

We'll see what happens, not a stock I'd be comfortable shorting. imo

[timmy11] 14/1/2020 07:09

Telit Communications PLC



Year end trading update



London, 14 January 2020 - 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 2019.



Group revenues, excluding revenues of the automotive business sold in February 2019, are expected to be $381 million (2018: $353.4 million) up by 7.8%.



· Total Group revenues, including two months' contribution from the automotive business, are expected to be $391 million (2018: $427.5 million, including full year revenue from automotive business)



· IoT Cloud and connectivity revenues are expected to be $41 million (2018: $34.1 million), up by 20.2%, driven by a strong performance of both the connectivity and the platforms businesses



Group adjusted EBITDA, excluding the contribution of the automotive business sold in February 2019, is expected to be in the range of $37-$40 million (2018: $30.1 million including full year EBITDA from automotive business).



Group profit in cash is expected to be in line with the Board's expectations.



As at 31 December 2019, the Group's net cash position is expected to be $48 million (31 December 2018: net debt $34 million).



The Group expects to publish its full year results in March 2020

[beergut] 13/1/2020 15:02

Nice to see

[owenski] 13/1/2020 14:10

Quite a move and the volume's keen

[timmy11] 07/1/2020 08:31

LSE:TCM



Telit Communications Share News (TCM)
1
Follow TCM
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% 158.00 155.20 159.80 0.00 0.00 0.00 50 08:09:25
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Technology Hardware & Equipment 335.2 -31.2 -21.9 - 209
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Alert
Telit Communications PLC Telit's LM960A18 Data Card Certified Globally
07/01/2020 7:00am
RNS Non-Regulatory

TIDMTCM

Telit Communications PLC

07 January 2020

Telit Communications PLC

Telit's LM960A18 Gigabit LTE Data Card Certified Globally

London, January 7, 2020 - Telit Communications PLC ("Telit", "the Group", AIM: TCM), a global enabler of the Internet of Things (IoT), today announced that the LM960A18, the world's first mPCIe Gigabit LTE card for enterprise routers and appliances has been certified by the major global mobile network operators, including the largest operators in North America.

Launched in 2018, Telit's state-of-the-art 4.5G data card remains the only 1Gbps-class LTE mPCIe module in the industry and is now available to be deployed worldwide. Supporting a wide range of frequency bands, the LM960A18 delivers 5G-like high-speed data rates via Advanced LTE and offers a cellular connection for products in network appliance environments.

Telit's LM960A18 delivers significant flexibility and a competitive edge for original equipment manufacturers (OEMs) looking to quickly deploy next generation products delivering carrier broadband-like user experience. The LM960A18 is also the world's first mobile broadband card to support the Citizens Broadband Radio System (CBRS), supporting OEMs that want to serve the emerging private LTE market with routers, gateways and other devices connecting to LTE access points, small cells and other CBRS infrastructure.

As the first top-tier IoT and mobile broadband module vendor to join the CBRS Alliance, Telit is committed to help drive innovation and adoption of private LTE networks and 5G, giving enterprises new options for site, campus and office wireless networking.

Paolo Dal Pino, Chief Executive Officer, Telit said:

"Telit's award-winning LM960A18 ensures a seamless user experience, allowing customers to integrate a single module and deploy the end product nearly anywhere in the world. The LM960A18 underscores our commitment to enabling IoT device designers, manufacturers and their customers to take advantage of the latest network technologies and beyond."

Telit will present its full mobile broadband module and data card range at the Consumer Electronics Show (CES) which takes place in Las Vegas, Nevada from January 7 to 10.

[timmy11] 27/12/2019 13:49

trading updated around mid jan

[timmy11] 17/12/2019 10:39

only a matter of time when this goes up...
IOT rising very fast for this co..

[owenski] 17/12/2019 07:02

"The newly certified modules have the option of adding onboard GNSS positioning to support location based IoT applications. In the LE910C1-AP and LE910C4-AP, the satellite capabilities include simultaneous support of GPS, Glonass, Beidou, Galileo and QZSS, differential GPS for better accuracy using SBAS and RTCM messages, and all-in-view satellite tracking."

[muchodinero] 16/12/2019 19:32

SP starting to tick up again now Brexit out of the way.....interesting to see what next trading update brings...especially if USA & China resolve trade dispute?

[timmy11] 10/12/2019 16:33

and the share price goes down!!

[timmy11] 10/12/2019 16:33

Telit's Innovative Module-Integrated Software and Services Wins Multiple Industry Awards in 2019
10/12/2019 1:00pm
PR Newswire (US)

Telit Communications (LSE:TCM)
Intraday Stock Chart
Today : Tuesday 10 December 2019

Click Here for more Telit Communications Charts.
LONDON, Dec. 10, 2019 /PRNewswire/ -- Telit, a global enabler of the Internet of Things (IoT), today announced that the company's innovative module-integrated software and services, Telit OneEdge, has garnered multiple prestigious industry awards since being announced in February 2019. Lauding its design for dramatically simplifying deployment, device management, connectivity and data management, the honors reflect Telit's dedication to helping organizations take advantage of the IoT and the new 5G super-connected world.

[owenski] 16/11/2019 09:34

Mostly AT trades, being that it looks like someone dumped 300k in one hit and the price is stable I'd say an insti is likely buying/increasing a stake in the background. imo