Telit Communications Share Discussion Threads

[w1lbur01] 07/1/2021 16:45

Nice close

[chess123] 07/1/2021 16:19

Better close than I thought.

[muchodinero] 07/1/2021 16:13

Chess I haven't gone off at anyone, but when someone says its going to 125p based on nothing then it deserves a robust reply. Deal with it..

[chess123] 07/1/2021 13:52

I'm hoping for 190p and above finish, but think more likely 180s Weak holders would have sold out by now , so hopefully share price stabilizers.

[owenga] 07/1/2021 13:31

I think it will settle around 160p. Won't go back to 125p

[chess123] 07/1/2021 12:45

Be interesting what Ublox say.

[timmy11] 07/1/2021 12:38

cant see any name calling

he says he doesn't know what the co does day to day
if he is invested here maybe do some home work, if not why waste time posting on this board

[chess123] 07/1/2021 12:31

Share price is holding up well.

[muchodinero] 07/1/2021 12:26

What a load of nonsense Ascov..you've just plucked figures on share price out of the sky 125p what a laugh...deramper sounded out..

[timmy11] 07/1/2021 12:26

maybe that will help

[timmy11] 07/1/2021 12:25

maybe you should read about them 400m revenue 60m in bank

Telit Communications PLC (Telit) is a United Kingdom-based enabler of machine-to-machine (M2M) communications providing cellular, short range and positioning modules via its brand Telit Wireless Solutions. The Company develops and markets cellular, global navigation satellite system (GNSS), short-to-long range wireless modules plus mobile connectivity services and application enablement platform to onboard edge devices to the Internet of Things (IoT). The Company is organized into three geographical segments: EMEA, APAC and Americas. Through its business unit m2mAIR, Telit provides platform as a service (PaaS), including M2M managed and value added services, application enablement and connectivity, including mobile network side and cloud backend services. Its modules are integrated in a range of applications, including asset tracking, remote industrial monitoring, automated utility meter reading, insurance telematics, consumer electronics and mobile health devices.

[ascov] 07/1/2021 12:22

Of course no-one knows what will happen...we all just speculate. My OPINION is based upon the price before the bid situation. I see nothing different about what this Co. is actually doing day to day, to think it should be rated more highly than it was a year ago.

[timmy11] 07/1/2021 12:21

wont happen 2.50 not happening so 2.2 wont either

[weatherman] 07/1/2021 12:20

There is still the rumour of a bid at 220p from Latronix - I don't think we have reached the end game yet.

[timmy11] 07/1/2021 12:17

agree with muchodinero

re ascov

[chess123] 07/1/2021 12:12

Agreed with Ascov: Up to were he said expects the Sp to fall to 140s , that won't happen, Dbay were willing to pay 195p and they are on the ball, my thoughts are that a cash offer of 250p would have been accepted, but it is what it is, I think there could be more twists and turns over the next weeks months . GLA...

[techno20] 07/1/2021 11:59

Added too. Take the cash out and this looks very decent value. Board clearly very confident. Will keep adding if it drops back.

[muchodinero] 07/1/2021 11:50

Re. Ascov..what a load of nonsense..

[ny boy] 07/1/2021 11:42

Not one to bet the farm but happy to park a bit more cash here, added 1000 @ 185p

Will have a look in the Spring, when I come out of hibernation lol

[ascov] 07/1/2021 11:39

Brave words from the board, but the fact that they were prepared to contemplate the bids in the first place speaks volumes. Looks like they wanted to smoke out a higher offer/better match.

My guess is that a proper cash bid of 250 would win it, but no-one is offering and lots of businesses are in bargain territory at present. I think we are likely to get back to 140 ish over the next few weeks unless something else happens.

So I'm with Owenga, have taken my modest profit and will have another look if it hits 125.

Honestly...I actually feel relieved to be out...this is a co. a bit too full of smoke and mirrors over the years. Plenty more fish........

[timmy11] 07/1/2021 11:35

cash in hand is 60+ pounds or 80m $

the plus is what will be interesting

10p is only 13.33 m pounds

[timmy11] 07/1/2021 11:25

of course , they all know how good its going to be.
will attract bidders new and old along the way

[chess123] 07/1/2021 11:23

Obviously will be disappointing for holders to see the large drop in the share price , but as said Telit is a great company I'm looking forward to the trading update.

[timmy11] 07/1/2021 11:22

hopefully will see 4+ this time next year