Telit Communications Share Discussion Threads

[owenski] 13/8/2018 07:22

Quite interesting to see how much TCM has been building out it's IoT infrastructure and the coverage it offers.

[sweet karolina] 10/8/2018 17:43

And what will be the return on capital as a result? Nothing from the company that gives any clues.

[owenski] 10/8/2018 08:56

The IoT real estate space continues to build.

[owenski] 09/8/2018 07:42

They're building an IoT estate, an infrastructure, the money is made from the services side - data and management. It would've been better if they make that clearer and fess up to the fact that building the infrastructure consumes more money than it makes initially.

[sweet karolina] 09/8/2018 07:33

Why does Telit never give any figures on the financial impact of these wonderful things?

[timmy11] 08/8/2018 18:03

Telit Certifies LTE Cat 1 and Cat 4 Modules with U.S. Cellular
08/08/2018 3:00pm
PR Newswire (US)

Telit (LSE:TCM)
Intraday Stock Chart
Today : Wednesday 8 August 2018

Click Here for more Telit Charts.
LONDON, Aug. 8, 2018 /PRNewswire/ -- Telit, a global enabler of the Internet of Things (IoT), today announced that its dual mode LE910-NA1 LTE Category 1 (Cat 1) and LE910-NA V2 LTE Category 4 (Cat 4) modules are certified for operation on U.S. Cellular's nationwide network. With the certification, integrators and providers can take advantage of the carrier's high-quality network and competitive IoT rate plans. For more information on the LE910 family: hxxp://www.telit.com/cellular/4g-modules/xe910-family/.

[timmy11] 06/8/2018 20:10

Telit Powers New Range of First Responder Routers from Centrix IP
06/08/2018 3:51pm
PR Newswire (US)

Telit (LSE:TCM)
Intraday Stock Chart
Today : Monday 6 August 2018

Click Here for more Telit Charts.
LONDON, Aug. 6, 2018 /PRNewswire/ -- Telit, a global enabler of the Internet of Things (IoT), today announced its LTE LE910C4-NF IoT module and LM960 data card were selected by Centrix IP to power a line of first responder communication routers from Agile Interoperable Solutions (AIS). AIS routers will operate in cellular band 14, which is the frequency licensed to the First Responder Network Authority to create a coast-to-coast U.S. wireless broadband network for the public safety sector.

[timmy11] 06/8/2018 20:04

its amazing how many people write on here that they are tempted to short.

to me this is one and the same person with different names

[sweet karolina] 06/8/2018 15:36

It depends on what you expect the results to be as to whether they will be worse than expected or not.

I expect the results to show that cash burn has continued and the only bit which might be making a positive contribution to cash flow is the bit that is being sold (for far less than was expected to someone who has not got the money to buy it so even that could fall through). It is then some very simple maths to look at net current asset (most probably negative but definitely not particularly positive) add on the net proceeds from the sale (about $90M), take off non current debt which will be paid back, take off cash that has been burned since reporting date to work out the company has maybe £50m of net current assets and continuing operations that will be guzzling cash at an accelerated rate once the only bit that might generate cash has gone. Is that really worth £200m?


I gave up shorting about a decade ago, but I am tempted to have a small punt on TCM ahead of interims.

Why do you think the results are going to justify a market cap in excess of £200m.

[jackbal] 06/8/2018 14:51

Thinking of buying again. Third time might be pushing my luck. (Two trades so far with small profits and admittedly I was a mug punter as the amounts banked don’t justify the risks taken).

SK why do you think results will be worse than expected?

The fact that they are being delayed makes me wonder if you are correct although I am very tempted to buy again.

[ldrcvm] 06/8/2018 10:38

The Group plans to publish its interim results during the first half of September 2018.

[sweet karolina] 06/8/2018 07:45

Last year we had Interims released on 7 Aug. Are we going to see Interims this week? or is Yosi going to keep the bad news under wraps for as long as possible?

[jackbal] 29/7/2018 12:20

What’s your position on this Sweet Karolina?

Are you short or neutral? If you are neutral do you have a level in mind you wish to short at.

I’m long at 1.59 and this mug punter is about to get lucky for a second time

[sweet karolina] 29/7/2018 12:14

More lies put out by the company through Betaville to keep the mug punters believing.

The lies about the automotive division are plain to see. The lie was that lots of people were interested in buying at £150-200M. That was a lie and the truth was the company had employed someone to try to flog it. Eventually they found someone who does not actually have the money, but thinks they can raise it and the amount is way below what the original lie claimed. As the automotive division was the only part of Telit that ever had any hope of making money, who is going to be interested in buying what is left? How much would they pay for it - the $50m (best case) left over from the sale of automotive after debt has been cleared will not last very long given the rate at which Telit burns cash. Indeed it will be zero or close to zero, if this sale follows a similar pattern to the last one.

[frazboy] 27/7/2018 21:43

Unusual for a company to bid for a company when there is effectively unlimited liability, as per this statement:

"Telit has been informed, following a court hearing on 9 July 2018, that the administrators to BAMES have taken steps to bring a civil claim against Telit regarding its involvement with BAMES. Telit considers, after having taken legal advice, that the claim is without merit and intends to vigorously defend its position. It remains the case that at this early stage it is not possible to quantify any possible liability to Telit."

But, let's be honest, Telit isn't a normal company. So, this could have been the current Telit management trying to protect their salaries, which will be safe if the sale of the automotive division goes through.

[dangersimpson2] 27/7/2018 17:09

Sierra would be a natural fit, but can't see them offering much more than the current market cap tho, doing an earnings dilutive deal for a competitor with a troubled past is not what most shareholders want.

[tonysss13] 27/7/2018 15:54

Sierra Wireless is said to be circling Telit Communications, the Aim-listed internet of things device manufacturer.

hxxps://www.betaville.co.uk/betaville-intelligence/rare-alert-telit-communications-said-to-part-11/

[3dwd] 27/7/2018 15:53

Love a good squeeze..!!!

[jackbal] 19/7/2018 10:34

Back in at this price.

[jackbal] 19/7/2018 10:34

Back in at this price.

[jackbal] 17/7/2018 14:17

would not like to be running a short position here that's for sure