Telit Communications Share Price (TCM)

Buy
Sell
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 Shares Traded Last Trade
  4.00 1.99% 205.00 1,643,931 16:25:00
Bid Price Offer Price High Price Low Price Open Price
205.00 205.50 206.50 202.00 202.00
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Technology Hardware & Equipment 295.99 45.14 27.15 7.8 271
Last Trade Time Trade Type Trade Size Trade Price Currency
17:26:17 O 169 204.988 GBX
Related Shares
Keywords Studios (KWS), Spirent Communications (SPT), Starcom (STAR), Location Sciences (LSAI)

Telit Communications (TCM) Latest News

Telit Communications News

Date Time Source Headline
20/1/202120:08ALNCIN BRIEF: Telit Communications 5G Modules Get Verizon Certification
20/1/202114:00RNSNONTelit Communications PLC Telit 5G modules receive Verizon Certification
19/1/202115:30ALNCLONDON TRADING UPDATES: Aptitude Software To Beat Forecasts In 2021
19/1/202112:46UKREGBARCLAYS PLC: Form 8.3 - TELIT COMMUNICATIONS PLC
19/1/202107:00UKREGTelit Communications PLC Year end trading update
18/1/202117:21ALNCU-blox Confirms No Intention To Make Offer For Telit Communications
18/1/202116:45UKREGu-blox Holding AG No intention to make an offer for Telit
18/1/202112:14UKREGBARCLAYS PLC: Form 8.3 - TELIT COMMUNICATIONS PLC
18/1/202111:50UKREGCredit Suisse Securities (Eur) Ltd Form 8.5 (EPT/RI) - Telit Communications..
18/1/202110:46UKREGSociete Generale SA Form 8.3 - Telit Communications plc
More Telit Communications News
Telit Communications Investors    Telit Communications Takeover Rumours

Telit Communications (TCM) Discussions and Chat

Telit Communications Forums and Chat

Date Time Title Posts
19/1/202117:18Telit Communications plc7,404
03/9/201810:45Time to Look at Telit (TCM)1
12/7/201809:54Telit (TCM) One to Watch 1
27/4/201813:23Telit Communications181
12/8/201721:44A rosy future2

Add a New Thread

Telit Communications (TCM) Most Recent Trades

Trade Time Trade Price Trade Size Trade Value Trade Type
2021-01-25 17:35:29204.99169346.43O
2021-01-25 16:37:16204.94100,000204,938.50O
2021-01-25 16:35:12205.0016,35733,531.85UT
2021-01-25 16:25:08205.007461,529.30AT
2021-01-25 16:25:00205.002,2384,587.90AT
View all Telit Communications trades in real-time

Telit Communications (TCM) Top Chat Posts

DateSubject
25/1/2021
08:20		Telit Communications Daily Update: Telit Communications Plc is listed in the Technology Hardware & Equipment sector of the London Stock Exchange with ticker TCM. The last closing price for Telit Communications was 201p.
Telit Communications Plc has a 4 week average price of 176.40p and a 12 week average price of 128p.
The 1 year high share price is 210p while the 1 year low share price is currently 65p.
There are currently 132,191,291 shares in issue and the average daily traded volume is 1,959,247 shares. The market capitalisation of Telit Communications Plc is £270,992,146.55.
Read Full Thread
Reply
19/1/2021
07:08		timmy11: Telit Communications Plc (LSE) LSE:TCM Telit Communications Share News (TCM) 1 Follow TCMBuySell 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% 205.00 203.50 205.00 0.00 00:00:00 Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m) Technology Hardware & Equipment 296.0 45.1 27.1 7.7 271 Print Alert Telit Communications PLC Year end trading update 19/01/2021 7:00am UK Regulatory (RNS & others) Telit Communications (LSE:TCM) Intraday Stock Chart Tuesday 19 January 2021 Click Here for more Telit Communications Charts. TIDMTCM RNS Number : 0990M Telit Communications PLC 19 January 2021 The information communicated in this announcement is inside information for the purposes of Article 7 of Regulation 596/2014. Telit Communications PLC Year end trading update London, 19 January 2021- Telit Communications PLC ("Telit", "the Group", AIM: TCM), a global enabler of the Internet of Things (IoT), has published a trading update for the year end at 31 December 2020. The Group is pleased to report that revenues are expected to be $343.0 million (2019: $382.8 million excluding automotive), a decline of 10.4 % , which shows considerable resilience in the face of the significant impact Covid-19 has had on the Group's global markets. It has been very encouraging that IoT cloud and connectivity revenues have continued to grow and are expected to be up by 6.1 % to $43.5 million (2019: $41 million), driven by the continued strong performance of both the connectivity and platforms businesses, supporting the Group's primary strategic focus on industrial IoT services. As previously notified, the Group has taken decisive and timely mitigating measures to limit the impact of the pandemic on the Group's adjusted EBITDA, which is expected to be in the range of $38-$41 million (2019: $38.2 million including two months EBITDA contribution from automotive business). Group profit in cash is expected to be in line with the Board's expectations. As at 31 December 2020, the Group's net cash position is expected to be $63 million (31 December 2019: net cash $48 million). Paolo Dal Pino, Chief Executive Officer Telit, commented: "Telit has been able to successfully improve operational results, profitability and cash generation in the face of the ongoing impact of the COVID-19 pandemic thanks to our refocused strategy and operational transformation in recent years, as well as the swift actions taken by the Group early in 2020. This resilience has allowed us to fully maintain our strategic and operational plans despite a market slowdown in customer demand, and to continue to offer leading 4G products and an expanded 5G offering, which received additional certifications and design wins in 2020, to customers looking for long-term IoT solutions. "We have the right strategy in place and expect to further expand our innovative offering fully focused on industrial IoT. Telit is well-positioned to harness future opportunities in a world that will become even more connected. We have noted the announcement from u-blox yesterday that it does not intend to continue with its offer for the company. We have a sound strategy and strong fundamentals. The Board remains confident in Telit's prospects as an independent company and believes it remains significantly undervalued when compared to similar companies. We do not believe this discount can be justified and will continue to work on initiatives that will help to eliminate it and deliver the increases in shareholder value that our underlying performance justifies." The Group expects to publish its full year results in April 2021.
Read Full Thread
Follow
Reply
18/1/2021
18:00		chess123: I hope we get the trading update tomorrow , which would be great, I'm Disappointed the way things went with Ublox ,as the merger looked sound, seems like the market got this correct, share price never got up to the offer price..
Read Full Thread
Follow
Reply
18/1/2021
11:07		muchodinero: Seeing as U Blox share price rising significantly since they put the offer in, then surely with an all shares offer they could go much higher and still get Telit for the same price now probably in the region of 300p by now? Not that that is a good offer still.
Read Full Thread
Follow
Reply
07/1/2021
10:46		timmy11: Telit Communications Plc (LSE) LSE:TCM Telit Communications Share News (TCM) 4 Follow TCMBuySell 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 -1.50 -0.73% 204.50 204.00 205.00 204.50 200.00 201.50 126,472 09:53:34 Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m) Technology Hardware & Equipment 296.0 45.1 27.1 7.7 270 Print Alert Telit Communications PLC Termination of u-blox discussions 07/01/2021 10:32am UK Regulatory (RNS & others) Telit Communications (LSE:TCM) Intraday Stock Chart Thursday 7 January 2021 Click Here for more Telit Communications Charts. TIDMTCM TIDMTTM RNS Number : 9195K Telit Communications PLC 07 January 2021 NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION IN WHOLE OR IN PART, DIRECTLY OR INDIRECTLY, IN, INTO OR FROM ANY JURISDICTION WHERE TO DO SO WOULD CONSTITUTE A VIOLATION OF THE RELEVANT LAWS OR REGULATIONS OF THAT JURISDICTION. THIS ANNOUNCEMENT CONTAINS INSIDE INFORMATION FOR IMMEDIATE RELEASE 7 January 2021 Telit Communications PLC Termination of u-blox discussions On 20 November 2020, Telit Communications PLC ("Telit" or the "Company") announced that it had received a preliminary proposal from u-blox Holding AG, ("u-blox") regarding a possible all-share merger. On 17 December 2020, Telit reiterated that commercial discussions with u-blox were ongoing. Telit today confirms that it has written to u-blox to terminate these talks. Telit has in recent months received a number of proposals, each of which has been previously announced, which the Board has explored with its advisers. The Board noted the potential industrial logic in a combination with u-blox that could create value for shareholders of both companies. However, following extensive discussions with u-blox, the Board does not now believe that it will be possible to reach agreement on terms which would ensure value creation for Telit's shareholders. Given that the Group is confident in its prospects, is well capitalized, and has a strong position in a growing market segment, the Board remains confident it can deliver growth in shareholder value as an independent entity. It does not consider that a protracted period of uncertainty and distraction is in the best interests of Telit or any of its stakeholders. Telit looks forward to providing a fuller update on its financial performance on or before 21 January 2021 ahead of its final results in April 2021. Telit is pleased to report that the swift actions taken by the Group at the beginning of the Covid-19 pandemic successfully protected the Group's financial performance for the full year 2020 against the slowdown in customer demand and enabled it to fully maintain its strategic and operational plans, without the need for further action. The person responsible for arranging the release of this announcement on behalf of Telit is Eyal Shefer (Chief Financial Officer). Regulatory information: for the purposes of the Code the Company remains in an offer period and, notwithstanding this announcement, in accordance with Rule 2.6(a) of the Code, u-blox must, by no later than 5.00 p.m. on 18 January 2021, either announce a firm intention to make an offer in accordance with Rule 2.7 of the Code or announce that it does not intend to make an offer for the Company, in which case the announcement will be treated as a statement to which Rule 2.8 of the Code applies. For enquiries:
Read Full Thread
Follow
Reply
18/12/2020
14:42		chess123: Great to see the share price recover, hopefully the market now starts to price in the possibility that we could have a possible deal at 260p + Be nice to get above 200p soon .GLA.
Read Full Thread
Follow
Reply
25/11/2020
13:01		ascov: Here's what the Stockopedia blog said last Friday. Which should explain your conundrum. As a separate issue i find the Stockopedia blog worth every penny. 200ish is reasonably good for most, but it needs a bigger player offering Cash not illiquid shares to go higher. Telit Communications (LON:TCM) 198p (up 18%) - mkt cap £264m Takeover approaches - I reported here on 3 Nov 2020 that Telit told us it had 2 possible takeover approaches, from DBAY Advisors Ltd, and a tiny NASDAQ company called Lantronix, proposing an all share reverse takeover, which didn’t look at all appealing. It’s smoked out another potential bidder, called u-blox Holding AG, a company listed in Switzerland. Unfortunately it’s another unsatisfactory all-share proposed deal. Why would UK investors want to own shares in a small Swiss tech company? received a preliminary proposal from u-blox Holding AG, ("u-blox") regarding a possible all-share merger (the "Proposal"). Under the terms of the Proposal, Telit shareholders would receive u-blox shares with a value of £2.50 per Telit share, which would result in Telit shareholders owning approximately 53% in the combined company (based on the assumptions in the Proposal). Telit's share price is only up to 198p today, because 250p in some (probably illiquid) overseas share, is not appealing at all. If that deal goes ahead, it would probably lead to unending selling pressure, from UK investors wanting to exit.
Read Full Thread
Follow
Reply
25/11/2020
12:12		canigou2: What am I missing in this valuation gap? Doesn't make sense. An all share offer is on the table at 250p, which is increasing with u-blox's ascending share price, now presently 251.5p. But TCM is valued by the market at 196p. Is this an opportunity or is something amiss?
Read Full Thread
Follow
Reply
24/11/2020
11:34		chess123: Beergut, Agreed u blox had fallen about 7% on the day they announced there bid for Telit , now back up sharply, seems market happy with the price they have offered can't understand the Drop but feel as I stated that MMs trying to get PIs to take fright and sell, still showing support level at 197p should become more obvious which direction share price will go as we head into the afternoon, was expecting the share price to rebound by midday but hasn't happened.
Read Full Thread
Follow
Reply
24/11/2020
08:58		chess123: Hold tight to your shares, the big boys trying to flush out weak holders, shake the tree, nothing new since friday, when the share price was at 203p, the price fall is unjustified, but would also say nothing wrong with banking a profit, I think the u blox deal will go through, great offer and I'm sure Rothschild will be getting it sorted ,probably see an Rns Friday. hopefully not to many PIs get spooked. looking at share price on L2 showing 197p so should see a rise back to that level.
Read Full Thread
Follow
Reply
07/1/2020
08:31		timmy11: LSE:TCM Telit Communications Share News (TCM) 1 Follow TCM 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% 158.00 155.20 159.80 0.00 0.00 0.00 50 08:09:25 Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m) Technology Hardware & Equipment 335.2 -31.2 -21.9 - 209 Print Alert Telit Communications PLC Telit's LM960A18 Data Card Certified Globally 07/01/2020 7:00am RNS Non-Regulatory TIDMTCM Telit Communications PLC 07 January 2020 Telit Communications PLC Telit's LM960A18 Gigabit LTE Data Card Certified Globally London, January 7, 2020 - Telit Communications PLC ("Telit", "the Group", AIM: TCM), a global enabler of the Internet of Things (IoT), today announced that the LM960A18, the world's first mPCIe Gigabit LTE card for enterprise routers and appliances has been certified by the major global mobile network operators, including the largest operators in North America. Launched in 2018, Telit's state-of-the-art 4.5G data card remains the only 1Gbps-class LTE mPCIe module in the industry and is now available to be deployed worldwide. Supporting a wide range of frequency bands, the LM960A18 delivers 5G-like high-speed data rates via Advanced LTE and offers a cellular connection for products in network appliance environments. Telit's LM960A18 delivers significant flexibility and a competitive edge for original equipment manufacturers (OEMs) looking to quickly deploy next generation products delivering carrier broadband-like user experience. The LM960A18 is also the world's first mobile broadband card to support the Citizens Broadband Radio System (CBRS), supporting OEMs that want to serve the emerging private LTE market with routers, gateways and other devices connecting to LTE access points, small cells and other CBRS infrastructure. As the first top-tier IoT and mobile broadband module vendor to join the CBRS Alliance, Telit is committed to help drive innovation and adoption of private LTE networks and 5G, giving enterprises new options for site, campus and office wireless networking. Paolo Dal Pino, Chief Executive Officer, Telit said: "Telit's award-winning LM960A18 ensures a seamless user experience, allowing customers to integrate a single module and deploy the end product nearly anywhere in the world. The LM960A18 underscores our commitment to enabling IoT device designers, manufacturers and their customers to take advantage of the latest network technologies and beyond." Telit will present its full mobile broadband module and data card range at the Consumer Electronics Show (CES) which takes place in Las Vegas, Nevada from January 7 to 10.
Read Full Thread
Follow
Reply
Telit Communications share price data is direct from the London Stock Exchange
ADVFN Advertorial
Your Recent History
LSE
TCM
Telit Comm..
Register now to watch these stocks streaming on the ADVFN Monitor.

Monitor lets you view up to 110 of your favourite stocks at once and is completely free to use.

By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions

P: V: D:20210126 03:44:01