Telit Communications Share Discussion Threads

[paleje] 11/10/2016 09:55

There was an article on yesterdays shareprophets site about Telit's lack of cash generation.

[mfhmfh] 10/10/2016 12:13

trading update on November 8th

[arcadian] 07/10/2016 13:20

New buyer but also a specialist technology trust

[eagle eye] 07/10/2016 09:39

It would interesting to know where the stock came from.
Maybe we'll find out over the next few days.

[justfactual] 06/10/2016 22:51

Big new buyer in for Telit. Exciting times. Clearly they view upside well beyond 300p...

[safman] 05/10/2016 15:13

300p looks like the next target here..

I took a few off earlier to keeps things in perspective.. not too many..

Best of luck..

saffy..

[arcadian] 05/10/2016 14:23

Are they infallible?

[eagle eye] 05/10/2016 09:47

Despite the recent rally in share price, Ennismore don't show any sign of closing or reducing their short position. Quite the opposite, as the short position was increased from 2.17% to 2.2% on 3rd October.

[duncan doughnut] 04/10/2016 13:04

Does anyone know the date of the trading update?

It was second week of October last year I can see looking back.

[bs76] 03/10/2016 17:12

Because pound is crashing. That makes it cheaper for overseas buyer. This company will be taken over. It's a matter of time IMHO

[bazildonbond] 03/10/2016 15:35

The rise is still going strong, i was expecting some profit taking after the meteoric rise since brexit, up about 80p(ish), even the shorters can't hold it back!

[timmy11] 29/9/2016 15:13

what will happen to the shorters

[timmy11] 29/9/2016 15:08

thats 25.50 ...
will it get there tommorow!!

[arcadian] 29/9/2016 14:02

Someone happy to take 500000 @ 2.68 These big trades gon`t seem to move the share price

[owenski] 29/9/2016 13:00

860.9% upside, that's ramping talk, I only rated this as 859% upside ;-)

[revoman] 29/9/2016 12:46

Blimey, I'm bullish but even I couldn't write this headline "Telit Communications Plc 860.9% Potential Upside Indicated by Berenberg"!http://www.directorstalkinterviews.com/telit-communications-plc-860-9-potential-upside-indicated-berenberg/412711488

[bazildonbond] 26/9/2016 09:30

Over the last few trading days there have been some large buys in Telit stock, it could be that the shorters have been caught with their pants down and bailing out (panicking)as fast as they can, creating a shortage as they try and cover their positions. The other possibility is the latest news of their (Telit's) tie up with Intel has been noticed by some institutions/fund managers etc etc.
I've tried (and failed) to discover the reasons for the shorters reasoning, i have found some articles were the shareprice is overvalued and should be (on their estimates) 206p, but no mention of paying Dividends from borrowings, only from cash generation. It was an indepth and interesting read but as usual based on historical data, which will have taken into account the CAT4 delay in their estimates/calculations/guidance, Telit admitted at the time it would effect the earnings etc etc. I are of the opinion now that that CAT4 has been given the green light and with other positive news flows the recent share price rally is justified.
Time will tell.

[bs76] 23/9/2016 10:16

Enmismore getting nervous :)

Their short position gone in red

[eagle eye] 23/9/2016 08:43

Yes, sentiment looks to have turned up on the back of the Intel announcement plus CEO purchase. Its kept the bears at bay for a while.

[timmy11] 23/9/2016 08:16

eagle eye
on the up

[eagle eye] 21/9/2016 18:00

timmy11,
Not so much at 251p, but there has been a block of 100k shares at 280p which has hung around for days. There has been lots of other small sellers at 5p increments above this (with identical time stamps) which suggests the same seller. Good support around 250p though, with several buyers of 10K around that level.
Famous last words....lets see what tomorrow has in store.

[timmy11] 21/9/2016 10:43

shorters holding share price back ..block on it going over 2.51

sooner or later ammo will run out