Telit Communications Share Discussion Threads

[muchodinero] 18/3/2021 10:26

Why would Telit even allow it as they must have been given some guidance from Dbay, otherwise Telit can refuse to talk to Dbay for 6 months under takeover rules. Read the RNS's

[weatherman] 18/3/2021 10:08

Are Telit lining up another low ball bid?

[itsyou] 18/3/2021 08:48

The source of the "media speculation" Betaville

"People following the situation have heard Dbay has indicated it could be willing to pay around 250p in cash for Telit.

It's thought Dbay has approached other significant shareholders, such as Compass Asset Management, for support for a potential offeror via irrevocable undertakings."

[ny boy] 18/3/2021 08:48

This could get a tad exciting if more than one bidder returns

[beergut] 18/3/2021 08:28

The board must have told them what price they expect otherwise why let them bid again and waste the companies time. Will the Swiss come back ?

[techno20] 18/3/2021 08:23

Market clearly not expecting fireworks. Afraid to say I can’t see Dbay going from 195 to 300. They will walk rather than (in their view) overpay IMV.

[muchodinero] 18/3/2021 08:17

As I've been saying for ages, anything less than 300p is just undervaluing Telit's potential income even in the short term imho. Dbay appear desperate to get their hands on Telit? Adyor

[ny boy] 18/3/2021 07:57

Mamma Mia...here we go again, better be a substantially higher offer, waste of time if derisory imo

[techno20] 18/3/2021 07:31

Here we go again! Assume BoD wouldn’t have agreed unless DBay indicated they were willing to stump up considerably more than last time. Anything less than 250p and I’d personally prefer to stay independent.

[muchodinero] 17/3/2021 18:34

Yes it's the egg on Chess123's face...

[techno20] 17/3/2021 16:53

Interesting rise at close of play. Meaty £192k purchase at £207.5p. Something cooking!?

[ny boy] 10/3/2021 17:39

Shrewd investor richard griffiths upped his stake, obviously keen, knows more than most of us but gives confidence to hold these long term. Timely purchase ahead of results 24 March

[muchodinero] 10/3/2021 17:03

Chess123 would you like a towel to wipe that egg of your face?

[muchodinero] 27/2/2021 14:30

Obviously not the same one as you. Maybe you should ask Dbay why they have just bought 29% of the companies shares at upto 2.05p...go buy something else if it's too expensive for you...

[chess123] 26/2/2021 11:37

Sp more likely to hit 150p than 300p what planet you on mucho ouch

[muchodinero] 14/2/2021 22:08

The answer to that is easy..panicking morons..just sit back and wait for 300p by year end imho.!!!

[beergut] 09/2/2021 12:30

Who is giving up their shares so cheaply and without a fight?

[muchodinero] 09/2/2021 12:03

As per todays RNS stake building...As I said previously..DBay definitely going for the full 29.9% share to exert control of the Telit BOD going forward...whether they go for another takeover will be interesting, but DBay aren't getting my shares for anything less than 500p..

[beergut] 03/2/2021 08:03

Looks like Dbay keep buying

[sphere25] 28/1/2021 14:31

Looking around an edgy market for strong demand and it's actually TCM which is well bid. It's only blooming TCM! The company that makes up its own operating metrics: Double Adjusted Door Hinge Cash Flow of the Cash Flow.

Not a fan of this one, but it could be an interesting technical play, with the price testing a significant breakout at 211p presently. DBAY look to be enormous buyers in the market who are exhausting sellers day after day so a possible breakout candidate here.

Looks like DBAY have been mopping up around that 205-206p mark so a well bid exit point there if it doesn't breakout for anyone who wants to have a very short term high risk go here.

Actually typed a semi/quasi sort of bullish post on TCM for the first time ever!

Off to throw up! :-)

All imo
DYOR

[beergut] 26/1/2021 17:23

Looks like Dbay haven't been scared off by any possible litigation, and having looked in detail at the company feel it is still undervalued at £2.06.

All set for a steady climb to £2.50 and beyond

[beergut] 19/1/2021 17:18

Phillips just wants a licence fee if they can get it Odd that a few companies have felt they could use their technology without paying for it.

[weatherman] 19/1/2021 15:31

To be fair TCM rejected UBLOX 250p offer first, before UBLOX decided they didn't want to fight for it - maybe the possible law suit tipped the balance. Will be interesting to see if DBAY are still buying. I sold this am on news of possible law suit, as no indication of scale of possible liability, although it looks a bit speculative if Phillips is going after several vendors. I may buy back if it goes lower, and we know the possible liability.

[owenski] 19/1/2021 10:36

The situation with 'Phillips' is not uncommon. but remains of some concern.

However, Ublox, had a look and walked, would be interesting to know why, TCM were initially positive on this and tried to sell it to shareholders, and now having been rejected, are saying we're better off on our own anyway. Hmmm.

[chess123] 19/1/2021 10:31

The trading update regarding Phillips was very vague , Embellishing the truth of the situation Never! I think the share price is going to go lower, Ublox decided to walk obviously The Board are wanting to come up smelling of roses, but more like 💩.