Telit Communications Share Discussion Threads

[owenski] 26/7/2017 08:42

Looking at the history of Ennismore's position here, it looks likely that they're very much under water. Seems a risky strategy to me.

[owenski] 26/7/2017 08:38

OML increased on the 24th

Short positions now at 9.51%???

Interesting situation, I wont take on the market when they're betting so heavily against TCM, equally, unless it's short term unease over poorly understood balance sheet issues, then I think they've got it wrong, TCM is an interesting business with a clear strategy.

Let's see what happens in August.

[beergut] 25/7/2017 11:48

Overlooked telecomTelecoms used to be a big growth sector, but it seems somewhat overlooked in recent years. That's what I see when I examine Telit Communications (LSE: TCM), whose shares have been on a bit of a slide since April.That's despite the company having trebled its earnings per share between 2012 and 2016, and having introduced a progressive dividend.There is no real EPS growth forecast for this year, and a first-quarter trading update in April confirmed that things were going according to expectations, so there's likely to be some of that common growth stock phenomenon where a lot of shareholders sell up as soon as they see a slowdown in growth.But forecasts suggest a return to upwards momentum in 2018 with a 34% EPS boost, and that would get the firm's PEG ratio back to the low levels it's seen during the past five years -- a value of 0.3 for 2018 looks very attractive to me, especially as the P/E would drop to around 10.4.At the end of the last financial year, net debt stood at $17.7m, though that was after shelling out $15.4m for acquisitions and $9.8m in dividends. With a market cap of around £350m ($450m) and annual revenues of $370m, I don't see that as any problem at all.Internet of ThingsAnd the firm's specialist area, the Internet of Things (IoT), looks set for considerable expansion in the medium-to-long term. Chief executive Oozi Cats said, after the firm's purchase of Gainspan Wi-Fi, "We have a full scope of communications technologies in order to provide the comprehensive end-to-end IoT solutions that our multinational customers require."All in all, I see an attractive growth prospect here.

[owenski] 22/7/2017 13:10

City Financial and Ennismore increasing shorts yet again. 18 July.

Shorts back up to over 9% in total.

Gonna be interesting watching this play out.

[owenski] 20/7/2017 08:54

City financial increasing short positions.

All will be revealed in August I guess.

[owenski] 17/7/2017 21:44

Lombard and OM increasing shorts

[owenski] 10/7/2017 09:33

Short positions creeping back up again with Ennismore increasing

[bones30] 10/7/2017 09:31

I dare say with all the new shares floating around the cost of borrow will be cheaper.

[bulltradept] 06/7/2017 09:01

Dropping again today and has now spent the last couple of trading days below the 200 sma.

Is this a warning?

[bones30] 05/7/2017 11:01

Good to see them all exercising their options in a "cashless manner".

Also fantastic to see "In addition, Mr. Cats acquired 75,215 shares on 29 June 2017, at a price of 312.39 pence per share. See further details in the form below."

Shareholders may feel they had a permanent marker shoved up somewhere.

[bazildonbond] 05/7/2017 10:43

Only pencilled, not permanent marker then?

[bulltradept] 05/7/2017 09:50

Dropping now.

[bones30] 03/7/2017 15:31

Nope.

And yet another potential red flag (as far as I'm concerned) in RNS today. Or am I reading it wrongly?

"In addition, Mr. Cats acquired 75,215 shares on 29 June 2017, at a price of 312.39 pence per share."

Why bother?

[bazildonbond] 03/7/2017 14:58

Bones, sorry Tom it must be paul's. All for one and one for all!!!!!!!!!!!

[bones30] 03/7/2017 12:54

bazil:

"there's only a link to your website"

Untrue. Not my website.

[owenski] 02/7/2017 21:27

Well said Zipstuck, pretty much sums it up.

[superadams] 01/7/2017 14:36

BBC Breakfast ran a feature today on remote shop pricing in real time and showed electronic price labels. Would Telit type modules be required for this sort of thing anybody ??

[bazildonbond] 30/6/2017 13:37

I haven't read the article Bones (also Tom), there's only a link to your website were i would have join to read, which is an obvious plug to direct folks to it, advertising revenues and all that ;-).
Lots of people copy and paste news, good, bad or in your case fictitious on lots of forums, go on Tom take a deep breath and do it.

[bones30] 30/6/2017 12:12

Bazil, which part of his article do you disagree with?

[bazildonbond] 29/6/2017 21:42

If you tell me why Tom's (Jaknife) article is "on the money" i'll tell you what emerging North American OEM it is!

[bones30] 29/6/2017 15:21

I believe JaKnife's article is on the money.

Can someone please enlighten me why they cannot disclose the car company referred to here?