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Share Name Share Symbol Market Type Share ISIN Share Description
Telit Communications Plc LSE:TCM London Ordinary Share GB00B06GM726 ORD 1P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.0% 229.00 229.00 229.50 - 0.00 01:00:00
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Technology Hardware & Equipment 251.3 5.8 3.4 66.9 313

Telit Communications Share Discussion Threads

Showing 7726 to 7749 of 8000 messages
Chat Pages: 320  319  318  317  316  315  314  313  312  311  310  309  Older
DateSubjectAuthorDiscuss
07/12/2020
08:13
Agree with everything said in the statement this morning, I now have great faith in the board, also reading between the lines ,they are saying they would like to merge with U Blox, and maybe even at a higher price, I'm hoping U Blox now give some sort of comment, V Surprising the share price Down.GLA.
chess123
07/12/2020
08:09
It looks like u-blox offer is ahead in the race, and yet the price doesn't reflect this yet.
weatherman
07/12/2020
07:33
Statement re possible offer Telit Communications PLC ("Telit" or the "Company") notes DBAY Advisers Limited's ("DBAY") two announcements on Friday 4 December 2020. The first announcement at 07:00 (GMT) stated that it was considering a possible offer of £1.90 per Telit share to be made by funds under the management of DBAY. The second announcement at 11:06 (GMT) stated that it had bought 471,516 Telit shares and the highest price paid was £1.948 per share and accordingly, under the rules of the Code, any offer would therefore need to be at or above this price. The Board of Telit believes that an offer at £1.948 per Telit share would fundamentally undervalue Telit. As highlighted in the trading update released on 10 November 2020, Telit has shown resilience despite continued lockdown measures across the Company's markets and the impact of the pandemic on customer spending. This resilience, allied with the Board's belief that the equity markets have not yet embedded the fundamental governance, strategic, operating and financial changes in Telit since the events of 2017, informs the Board's view that Telit remains undervalued. The Board also notes DBAY's comments about the proposal from u-blox Holding AG ("u-blox"). The Board believes that the industrial logic in a combination with u-blox could create value for shareholders of both companies. However, any combination would need to be on terms that reflect Telit's financial performance and position and be structured in a way that ensures the benefits of the combination would be delivered. Telit is continuing commercial discussions with both u-blox and DBAY with a view to ensuring that any possible transaction with either party would be in the best interests of all shareholders, whether large or small. There can be no certainty that a firm offer will be made for the Company by either DBAY or u-blox. There can be no certainty as to the terms of any offer made by u-blox, if made.
timmy11
07/12/2020
07:33
great news!!!
timmy11
07/12/2020
07:16
Smart statement this morning from Telit's board. Should flush out and other interested parties.
beergut
04/12/2020
20:08
Just sit and wait it out imo
ny boy
04/12/2020
17:34
muchodinero: Cheers M8
chess123
04/12/2020
17:05
Yes they will have to make another offer. Can't see them Matching U Blox.. They are just being oppotunistic like always. I'm Just sitting tight and maybe more bidders will come in now Dbay cards on the table.
muchodinero
04/12/2020
16:29
Anyone know what happens if DBay buy in again at higher price do they have to increase there offer. 🤔
chess123
04/12/2020
13:41
Pretty dodgy opportunistic behaviour by Dbay imho. They have created a situation with their 190p offer today where they picked up cheap shares above their own offer so they cannot lose. If UBlox pursue their 250p all share offer then Dbay will clean up by making £millions from their 15% holding...Telit BOD need to keep their nerve . Aimho Adyor!
muchodinero
04/12/2020
13:27
look out for another Rns, sure U Blox, will have something to say, as to why there offer is better, Debunk The BS from D Bay.
chess123
04/12/2020
12:12
Yep. Advancing in 5p increments
w1lbur01
04/12/2020
12:00
So any bid has now crept up to 195p minimum.
owenga
04/12/2020
11:41
surely its illegal to do this
timmy11
04/12/2020
11:38
D Bay , are doing what everyone suspected they hoped to bring the share price Down so they could buy the shares cheaply, I did notice earlier that not much volume so obviously shareholders holding tightly to there shares, seems very underhand, and they didn't know the rules ? regarding takeovers, shocking, I personally hope they don't succeed.
chess123
04/12/2020
11:37
Back to what I said earlier
w1lbur01
04/12/2020
11:32
Outrageous!!
janhar
04/12/2020
11:18
Dbay Advisers Limited ("Dbay") announced a possible cash offer of GBP1.90 per Telit share (the "Dbay Possible Offer") this morning. Dbay now confirms that it has acquired 471,516 Telit shares today and the highest price paid was GBP1.948 per share and accordingly, under the rules of the Code, any possible offer from Dbay will need to be at or above this price. A detailed dealing announcement under Rule 8 of the Code will be made as appropriate.
timmy11
04/12/2020
11:14
pay special div then they will go away
timmy11
04/12/2020
10:14
Good point Weatherman
beergut
04/12/2020
10:12
I would like U Blox to win even at a lower price,just my opinion that they are more ethical company, and could work out better in long term for shareholders, D Bay will just break Telit up grab as much money as they can or am I just being old fashioned.
chess123
04/12/2020
09:36
The market is saying 190p is not enough!
owenga
04/12/2020
09:34
The U-blox offer doesn't look so bad - a few years ago the co. was value above CF200, now around CF60, possibly due to international trade restrictions hitting turnover. Taking U-blox stock at 250p would be acceptable as there may be opportunity for a rerating - but more difficult to trade if no dual listing. The reason D Bay rejected the U Blox offer is because they believe they can realise more value by buying at 190p. Which means they think it is worth more than 250p.
weatherman
04/12/2020
08:45
Sp now being pulled down to D Bay offer, isn't that surprising !!!
chess123
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