Telit Communications Share Discussion Threads

[master rsi] 12/10/2017 12:09

I bought plenty
You shorters better close the short as is going to go, go and go

only 88 sharees left @ 145p offer

[master rsi] 12/10/2017 11:59

reckon you know as much as the earlier misinformation about...

....Goldman.... 130,691, 291 shares.
Run Liang.... 130,691, 291 shares

so ... B@stards at work, is the right call

[muffster] 12/10/2017 11:21

Reckon placing or rights issue 75p

[master rsi] 12/10/2017 11:05

B@stards at work, and you are not alone above

Rumours innuendos and bursting to have a short ( but most likely NOT )

[hpcg] 12/10/2017 11:00

Hmm, need to decide when to close my short. Whether to take profit at 100, or wait for 75p, which is my target assuming the business is running as per the last financial report and that there are no nasties which take it lower. Or just wait for the placing price?

[muffster] 12/10/2017 10:42

Correct definition multi please"Total positions of person(s) subject to the notification obligation"It's the same for both

[frazboy] 12/10/2017 10:18

Thanks for the tip multiplural, I'll try to do that.

On the subject of RNS's can anyone shed any light on why Goldman have to report their changes - it doesn't appear to me that they're passing a disclosure threshold. What am I missing?

[multiplural] 12/10/2017 09:40

Why is it interesting that both Goldman and Run Liang are able to list the correct number of shares outstanding total in Telit.
You guys should start thinking.

[muffster] 12/10/2017 08:41

Goldman.... 130,691, 291 shares.Run Liang.... 130,691, 291 shares

[hpcg] 11/10/2017 20:18

Difficult cash raise for the broker. Got to find out if the room in Kowloon, secretive fund in Denver, and mr que sera sera have any money.

[muffster] 11/10/2017 15:25

Slowly unwinding. Cash call imminent imho

[owenski] 10/10/2017 20:25

Another real product being used by a real company

[muffster] 10/10/2017 14:16

No news is the problem... They are massaging the bad news which is due. Funding position critical here and Banks will make new demands

[frazboy] 10/10/2017 13:43

Curious how aggressive the buying was on the morning of the (poor) trading statement but now the price is just drifting away with no price supporting buyer in sight. What's changed?

[wiseacre] 10/10/2017 10:12

Hardly so: A commodity business undercut by Chinese competition. And the accounts stink.

[owenski] 10/10/2017 08:27

Two new partnership deals for TCM this month.

Still a real business here

[wiseacre] 09/10/2017 18:42

Subscribed for convertible notes in loss making on line video site iQiyi panned by Young China Business Blog

[henchard] 09/10/2017 18:30

"Meanwhile the record of private Hong Kong Investment company, Run Liang Tai, based in Room D on the tenth floor of an office building in Kowloon Harbour is, to say the least, murky."

That's intriguing wiseacre, can you put any more flesh on the bones?

[wiseacre] 09/10/2017 18:27

The numerous holdings statements issued by the company do not seem of much relevance. When the storm broke in early August it was a announced that David Serra had increased his holding to 4% (August 8). It has subsequently yoyo'd to 4.8% (October 6). Meanwhile the record of private Hong Kong investment company, Run Liang Tai, based in Room D on the tenth floor of an office building in Kowloon Harbour is, to say the least, murky.

In early August the company promised a thorough review by an independent solicitor and promised a report from a third party accountant it has also refused to name (14 August). At the same time it promised the appointment of three new directors (yet to be revealed). The subsequent silence does no augur well. Best advice must be caveat emptor.

[muffster] 09/10/2017 13:09

Still can't help but think that senior management, appointed by Oozi, may share his desire for misreprentation. Hence big investors hood winked to invest. Independent audit needed and not by an unnamed accountancy firm

[frazboy] 09/10/2017 10:26

Wasn't Serra also one of the initial backers of the company? Not sure what the implications of that would be.

[hpcg] 09/10/2017 10:11

As a short, I am short again after resistance at 200p proved insurmountable, I am happy to read that. Unless he knows there is a Slater and Gordon in the wings, in which case smart cookie. S&G now at 0.07 AUD having risen to 7.85 after the Quindell deal.