Telit Communications Share Discussion Threads

[scantrader] 09/8/2017 00:04

tsmith28 Aug '17 - 15:04 - 3740 of 3749

If the owner of a company is let's say dodgy then it's quite likely the accounts are
too. (Think GBO, QPP etc)

Broker DCF forecasts are based on the existing accounts being accurate, so if they aren't they're pretty worthless.

[tsmith2] 08/8/2017 23:31

why tomorrow? The article was out all day?

[theprovosts] 08/8/2017 21:33

Yes. You closed your short yesterday. Pmsl. Another muppet to ignore.

[sphere25] 08/8/2017 20:38

Wow! Uzi Katz is a crook and fraudster! Oh dear, oh dear, oh dear!

The red flags keep growing! Even more convinced that this company is fraudulent. It is just a matter of the size of the fraud now. It will all come out shortly when they try to raise more cash via debt or equity for "acquisitions" (good one that lol).

The shorts are closing in, the pieces move against TCM - check and mate to follow.

Find borrow and short into strength.

All imo.

[tsmith2] 08/8/2017 15:04

The US bank is now forecasting EBITDA for 2017 of US$51mln, down 24% on its previous forecast, while the estimate for 2018 EBITDA is chopped 11% to US$82mln.As a result, its discounted cash flow-based target price is slashed to 269p from 350p previously, but with the shares trading at around 167.75p Morgan Stanley still advocates that its clients be overweight in the stock.The pro active article is worth a read..

[bones30] 08/8/2017 13:48

elcapital - I dare say there will be a denial. "All lies" :-)

[owenski] 08/8/2017 13:48

Yes, proactive, wont paste.

[elcapital2017] 08/8/2017 13:47

He has to resign for non disclosure. You need to hope he isnt hiding anything now assuming you are long

[bones30] 08/8/2017 13:47

what's the link? is it proactive LOL

[owenski] 08/8/2017 13:46

Here's another opinion -

[...]

[elcapital2017] 08/8/2017 13:46

owenski. Why the denial?. That looks pretty conclusive to me

I would guess Oozi must now resign

[henchard] 08/8/2017 12:48

Timely

5 top tips to avoid losing your shirt on AIM stocks
...

Tip #1 - Check directors' histories
As legendary investor Warren Buffett says, integrity is the single most important quality to look for in business managers. Without it, the other desirable qualities of intelligence and energy will kill you.
Seek out independent verification of the backgrounds and CVs of AIM directors. Stay away from directors with histories of serial business failure, or who've been investigated for or convicted of any financial wrongdoing, or whose CVs cross the boundary from embellishment into fabrication ...

[napoleon 14th] 08/8/2017 12:34

This has a kind of Globo feel to it.......

[pabloiom] 08/8/2017 12:17

game over its 0p - oozi and his mrs are wanted fraudster fugitives

hxxps://www.shareprophets.com/views/30818/breaking-telit-what-an-embarrassing-coincidence-for-boss-oozi-cats-and-his-mrs-meet-the-boston-fraudsters-on-the-run

[elcapital2017] 08/8/2017 11:27

wow, are prople really buying into that small purchase after he sold all those before! Feels like polly peck!

[tsmith2] 08/8/2017 10:29

Sharp rebound coming back well above £2

[tsmith2] 08/8/2017 10:29

Morgan Stanley 8th August overweight TP 269pI'll have some more thank you.