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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 7951 to 7975 of 8000 messages
Chat Pages: 320  319  318  317  316  315  314  313  312  311  310  309  Older
DateSubjectAuthorDiscuss
26/5/2021
21:27
Actually it could be someone else according to the recent article? https://www.thisismoney.co.uk/money/markets/article-9482545/STOCKS-WATCH-1bn-bid-winning-formula-Elementis.html
muchodinero
26/5/2021
21:22
Maybe a white knight will come to the rescue? I believe there has been talk of a Canadian company on the prowl.
muchodinero
26/5/2021
21:19
If an offer came in at 1p more the board would have to recommend it given they have recommended an offer of 2.20 that undervalued the company.
beergut
26/5/2021
21:04
What happens if another cash bidder emerges?
muchodinero
26/5/2021
20:53
This tells the small investor all you need to know. On behalf of funds managed by us, Berry Street Capital Management LLP owns over 1% of Telit Communications Plc. We were disappointed by the Telit Board’s recommendation of the Cash Offer from their largest shareholder, DBay Advisors, at a price that even the Board recognises undervalues Telit and its longer-term prospects. The Telit Board has justified this recommendation by, amongst other things, the fact that 58 per cent of Telit’s share capital supports the Acquisition. This fails to highlight that, of that 58 per cent, over 41 per cent is owned by the bidder, the CEO and other shareholders who will be accepting the unlisted stock alternative offer and will be able to continue to benefit from any subsequent increase in the value of Telit. This unlisted stock alternative is unable to be held by most of the independent minority shareholders and, as the Board recognises, is unrecommendable for minority shareholders to accept. Yet again, the Board of a UK listed company has recommended an offer structured as a scheme of arrangement at a valuation that does not reflect the true value of the company, with a stock alternative that is not a true alternative for the majority of independent shareholders. In our view, when such a structure is contemplated, the Board’s fiduciary duties should be focused solely in protecting the rights of the minority holders who are only able to accept the Cash Offer and should not be swayed by the desires of the few shareholders who are party to the creation of such an unfair structure. Berry Street Capital Management LLP
beergut
26/5/2021
16:14
230p that is?
muchodinero
26/5/2021
16:14
Why did we have buyers at 2.30 this afternoon? What's going on?
muchodinero
26/5/2021
10:34
At 2.27 something tells me there is more to come And I don't think Griffiths got in on the basis of a 2.20 valuation
beergut
25/5/2021
21:35
hxxps://theshotcaller.net/iot-in-utilities-market-is-booming-worldwide-with-telit-abbtrilliant-waviot-rayven/
weatherman
25/5/2021
19:42
SIXH is an excellent recovery play too, whilst sitting this one out
ny boy
25/5/2021
19:27
I understand Griffiths hold almost 10% of the company. I wonder if he's making his view known either way?
brucie5
25/5/2021
19:04
The market seems to think there will be a counter offer, by closing above the offer price. The failure to reach a deal with U-Blox was on the basis of no clear business plan from a merger - and yet DBAY may only asset strip the company. I'll await developments.
weatherman
25/5/2021
14:20
This is disappointing. Are we likely to attract a counter offer? Having said that, only bought in last week.
brucie5
25/5/2021
09:38
Weatherman this bit didn't make sense to me either "The Telit Directors, who have been so advised by Rothschild & Co as to the financial terms of the Cash Offer, consider that the Cash Offer undervalues Telit and its longer-term prospects. In providing advice to the Telit Directors as to the financial terms of the Cash Offer, Rothschild & Co has taken into account the commercial assessments of the Telit Directors"
beergut
25/5/2021
09:24
So, Telit management have been advised the offer undervalues TCM, but recommend it because they think it offers an acceptable exit route for shareholders. Hmm?
weatherman
25/5/2021
08:51
Didn't they walk away from the 250p paper offer from UBLOX?
weatherman
25/5/2021
08:36
Just sit and wait it, chill, I am on a Greek Island, everything is quiet and gentle, early summer mode kicked in yesterday 28c
ny boy
25/5/2021
08:12
IG quoting £2.2001 to sale SO could be a higher offer in the background
beergut
25/5/2021
07:40
Disappointing, but no surprise given DBays approach all along. The fact that it’s taken so long suggest to me the BOD have been looking hard for a white knight to save them from DBays clutches, but failed. Will hold on for now, in case - but wouldn’t put the chances of this flushing out another bidder at much more than 20%. Hope I’m wrong!
techno20
25/5/2021
07:31
If £2.20 is acceptable to the board then clearly the board have misled shareholders over the growth prospects of this company. We can only hope for a higher offer from a third party. Any comments on this from brokers would be interesting
beergut
25/5/2021
07:16
disgusting to say the least
timmy11
25/5/2021
07:08
220p offer, looks a bit mean to me.
bigbigdave
21/5/2021
15:00
Come to join you today.
brucie5
20/5/2021
14:32
300p, coming up, stay patient imo
ny boy
14/5/2021
08:56
Must be time for an update - just about 2 months since Dbay granted limited confirmatory DD on a possible offer! I know they’ve been busy on Phd, but 2 months is surely enough time to make a call. And if Sierra or someone else is playing in, surely the BOD would have had to announce it??
techno20
Chat Pages: 320  319  318  317  316  315  314  313  312  311  310  309  Older
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