Telit Communications - Live Discussion

LuxInvest 28 Oct 2015

strange moves last couple of days and especially today! Anybody has an idea by what this is driven? I can see that Greylock partnerships is cutting its position, as it sold over 1m shares yesterday compared to their 4.8m holdings prior to selling! Maybe the selling today is also driven by Greylock further cutting its stake, however I dont understand why they would push it down so hard then! Also, Kabouter Management actually expanded their stake recently with 1m shares at prices way above the current price. What am I missing here?

zulu principle2 28 Oct 2015

Re: Drop I think / guess it is still fallout from the profit warning. I have taken it as a buying opportunity but as a holder I would say that. There is always the chance of another warning.

bulltraderpt 28 Oct 2015

Re: Drop More sellers than buyers!

rig mover 28 Oct 2015

Drop Surely someone has an idea why this share is dropping!

oldjoe1 20 Oct 2015

TCM,Late Article Yesterday....... TCM Telit Communications....Missed this yesterday......Telit Signs US$220 Million Agreement to Supply Cellular Technology To Great Britain’s Smart Metering Implementation Project (“GB SMIP”19-10-2015 21:23[link] LONDON--(Business Wire)-- Telit (AIM: TCM), a global enabler of the Internet of Things (IoT), announces that the company has secured a supply contract valued at up to US$220 million as one of the technology providers for the GB SMIP, Great Britain`s ambitious, world-leading £11.3bn Smart Metering infrastructure project. Supplies are expected to commence in Q4 2016 and continue through to the end of 2021. Telit IoT cellular modules are to power a portion of the nearly 30 million "comms" hubs bridging ZigBee data communication between the smart meters and either RF or cellular networks. Telit equipped cellular comms hubs will use a specially developed UE910 UMTS/HSPA module delivering the 3G backhaul communication, leveraging the company`s extensive experience in the energy market.Organized and run by the UK`s Department of Energy & Climate Change ("DECC", the GB SMIP proposes to install smart meters in homes and businesses across the UK, targeting the vast majority of gas and electricity utility customers by 2020. The system will monitor consumption and provide information to help consumers and businesses use energy more efficiently. The DECC also expects GB SMIP to deliver a number of direct benefits to consumers, including an end to estimated billing, better support for microgeneration and exported energy billing, savings from better access to energy tariff price information, more reliable next-day switching and opportunity for new smart consumer products and services."As a very active member of the UK`s BEAMA (British Electrotechnical and Allied Manufacturers` Association) and specifically its Comms Hub Working Group, Telit is not only proud to be selected as a supplier to this world benchmark project in smart metering, but also to be a part of the think tank that worked on key standards and technology foundation that made GB SMIP possible," said Oozi Cats, Chief Executive, Telit. "Telit has invested solidly in the special SMIP UE910 project as well as the manufacturing and logistics framework necessary to fulfil integration and rollout requirements from government as well as the various vendors involved in the project."About Telit Telit (AIM: TCM), is the global leader in Internet of Things (IoT) enablement. The company offers the industry`s broadest portfolio of integrated products and services for end-to-end IoT deployments – including cellular communication modules in all technologies, GNSS, short-to-long range wireless modules, IoT connectivity plans and IoT platform services. Through the IoT Portal, Telit makes IoT onboarding easy, reduces risk, time to market, complexity and costs for asset tracking, remote monitoring and control, telematics, industrial automation and others, across many industries and vertical markets worldwide.Copyright © 2015 Telit Communication PLC. All rights reserved. Telit, Telit Wireless Solutions, Telit Communication PLC, telit.com, telit2market, Telit Technical Forum, secureWISE, deviceWISE and all associated logos are trademarks of Telit Communications PLC in the United States and other countries. Other names used herein may be trademarks of their respective owners.View source version on businesswire.com: [link] Leslie Hart, Senior Marketing Director 919-415-1510 [email protected] Business Wire 2015© Thomson Reuters Limited. Click for restrictions

oldjoe1 20 Oct 2015

TCM, Broker Update........ Telit Communications Plc Stock Rating Reaffirmed by Northland Capital Partners (TCM)October 19th, 2015 • 0 comments • Filed Under • by ABMN StaffTelit Communications Plc (LON:TCM)‘s stock had its “corporate” rating restated by equities researchers at Northland Capital Partners in a research report issued to clients and investors on Monday, AnalystRatings.Net reports.In other Telit Communications Plc news, insider Testa,Enrico (Chicco) sold 500,000 shares of the company’s stock in a transaction that occurred on Tuesday, September 8th. The stock was sold at an average price of GBX 345 ($5.33), for a total transaction of £1,725,000 ($2,662,858.91).Telit Communications Plc (LON:TCM) opened at 298.0000 on Monday. Telit Communications Plc has a 12 month low of GBX 190.00 and a 12 month high of GBX 357.50. The stock’s 50 day moving average is GBX 331.06 and its 200-day moving average is GBX 292.27. The stock’s market capitalization is GBX 342.77 million. Several other equities analysts have also commented on the company. Canaccord Genuity cut their target price on Telit Communications Plc from GBX 393 ($6.07) to GBX 350 ($5.40) and set a “buy” rating on the stock in a research report on Monday, October 12th. Berenberg Bank reissued a “buy” rating and set a GBX 410 ($6.33) price target on shares of Telit Communications Plc in a research report on Tuesday, September 15th. Finally, Morgan Stanley upped their price objective on Telit Communications Plc from GBX 290 ($4.48) to GBX 380 ($5.87) and gave the stock an “overweight” rating in a research note on Friday, August 7th.Telit Communications PLC (LON:TCM), based in the uk, is a worldwide enabler -to-machine (M2M) communications supplying short range and positioning modules mobile, Telit Wireless Solutions. Through its business unit m2mAIR, Telit supplies stage as a service (PaaS) including M2M managed and value added services, program enablement and connectivity including mobile network side and cloud backend services. Telit is M2M’s top ONE STOP. ONE SHOP offering synergistic hardware and services that are value added bundles along with low -entry cost PaaS for rapid program development. With over 12 years alone in M2M, the business always improves technology through seven R&D centers around the earth; marketing products and services in over 80 countries. The products and services of Telit connect organizations to the Internet (IoT) permitting them to wirelessly gather, process and react to real world data from devices that are connected.

oldjoe1 19 Oct 2015

TCM, DERD CHEAP. TCM Telit Communications, interesting to see how the P/E falls to just 15.2 to 2016, whilst the historic actual P/E was 38 in 2014. This is derd cheap and we should see the SP appreciating substantially from here. Telit Communications PLCFORECASTS2015 2016Date Rec Pre-tax (£ EPS (p) DPS (p) Pre-tax (£ EPS (p) DPS (p)Canaccord Genuity Ltd 12-10-15 BUY 17.92 13.68 25.54 18.24 2015 2016Pre-tax (£ EPS (p) DPS (p) Pre-tax (£ EPS (p) DPS (p)Consensus 17.92 13.68 0.00 25.54 18.24 1 Month Change -1.58 -0.93 -5.07 -3.35 3 Month Change -1.58 -0.93 -5.07 -3.35 GROWTH2014 (A) 2015 (E) 2016 (E)Norm. EPS 15.22% 86.49% 33.33%DPS % % %INVESTMENT RATIOS2014 (A) 2015 (E) 2016 (E)EBITDA £19.63m £27.76m £37.01mEBIT £10.32m £14.99m £24.11mDividend Yield 0.00% % %Dividend Cover x x xPER 37.99x 20.37x 15.28xPEG 2.50f 0.24f 0.46fNet Asset Value PS 13.58p p p

oldjoe1 19 Oct 2015

Tellit Comm Bullish Article..... Telit awarded US$220mln UK smart meter contractShare 11:34 19 Oct 2015Supplies are expected to start in the final quarter of 2016 and continue through to the end of 2021.Telit awarded US$220mln UK smart meter contractGB SMIP aims to install smart meters in homes of the majority of the UK’s gas and electricity utility customers by 2020.-- adds broker, comment, detail and share price--Machine-to-machine specialist Telit (LON:TCM) has been awarded a contract worth up to US$220mln as part of the UK’s £11bn smart metering infrastructure project GB SMIP.Supplies are expected to start in the final quarter of 2016 and continue through to the end of 2021. Telit will provide cellular modules to power a portion of the nearly 30mln "comms" hubs bridging ZigBee (wireless network) data communication between the smart meters and either radio frequency (RF) or cellular networks.Telit-equipped hubs will contain a specially developed module that will use its previous experience in the energy market.Run by the Department of Energy & Climate Change (DECC), the GB SMIP project aims to install 53mln smart gas and electricity meters into UK homes small businesses by 2020.It is a huge undertaking and will require all of the data collected by the meters to be processed and managed by a central hub.Building this part of the network is expected to cost up to £5bn and will be controlled by a company set up by DECC.Telit is likely to be one of a number of suppliers for a wide area network to transmit data automatically to the hub via the ‘Internet of Things’.DECC has cited benefits of an end to estimated billing, better energy tariff price information and more reliable next-day switching, but critics have also cited a poor record for the UK government delivering on large IT projects, security issues and how much benefit consumers will get as potential banana skins.Oozi Cats, Telit’s chief executive, said: "The system will monitor consumption and provide information to help consumers and businesses use energy more efficiently. "Telit has invested solidly in the special SMIP UE910 project as well as the manufacturing and logistics framework necessary to fulfil integration and roll-out requirements from government as well as the various vendors involved in the project." The company was part of the think tank that worked on key standards and technology foundation behind GB SMIP.Broker Northland added that projects as ambitious as GB SMIP tend to stretch as issues are encountered and first revenues are not expected until next year.“Being part of such programmes is important, however, and helps to balance last week’s reduced guidance.”Telit trimmed slightly its expectations for the current year to revenues of between US$330- 340mln and underlying earnings [EBITDA] of US$40-45mln.Shares today climbed 6% to 296p.Share

oldjoe1 19 Oct 2015

TCM, BULLISH Broker Brief..... BROKER BRIEF ON TCM Telit Communications.....Telit Communications (LON:TCM): Substantial contractMarket Cap: £321m; Current Price: 278pSupply contract for GB SMIP projectSupply contract valued at up to $220m as one of the technology providers for the UK’s £11.3bn Smart Metering infrastructure project that plans to installs smart meters in homes and businesses across the UK. Supplies are expected to commence Q4 2016 and continue through to the end of 2021.Telit will provide cellular modules for a portion of the c. 30 million comms hubs bridging ZigBee data communication between smart meters and either RF or cellular networks. Telit equipped hubs will use a specially developed UE910 UMTS/HSPA module delivering the 3G backhaul communication.NORTHLAND CAPITAL PARTNERS VIEW: GB SMIP is an ambitious project running over a number of years as the UK government looks to deploy smart meters nationwide. Such projects tend to stretch, however, as issues are encountered and first revenues are not expected until next year. Being part of such programmes is important, however, and helps to balance last week’s reduced guidance.

oldjoe1 19 Oct 2015

TCM, A Positive Reminder......... Just a reminder what the TM FOOL said about TCM:Shares in Internet of Things company Telit Communications (LSE: TCM) have sunk by over 10% after the company reduced its full-year guidance. Instead of the previously anticipated revenue of £225m, Telit now expects its total sales to be between £215m and £222m. This has clearly disappointed the market, with the company’s shares being among the biggest fallers so far today.The updated guidance figures are somewhat surprising, since in today’s trading update Telit has reported a strong first three quarters of the year. For example, revenue in the first three-quarters of the year increased by 15% and the company has seen robust performance from its automotive product line as well as its Internet of Things services.Looking ahead, it appears to have huge potential and is well-placed to benefit from a gradual shift towards the increased use of machine-to-machine communications, in which Telit specialises. So, while its top and bottom lines may not rise by quite as much as expected in the current year, it continues to trade on a relatively low price to earnings growth (PEG) ratio of just 0.5, which indicates that its shares offer growth at a very reasonable price. Certainly, today’s share price fall is disappointing, but it appears to be a buying opportunity for long term investors.[link]

oldjoe1 19 Oct 2015

Re: TCM, Lands MIGHTY CONTRACT...... Telit awarded US$220mln UK smart meter contractShare 07:34 19 Oct 2015Supplies are expected to start in the final quarter of 2016 and continue through to the end of 2021.Telit awarded US$220mln UK smart meter contractGB SMIP aims to install smart meters in homes of the majority of the UK’s gas and electricity utility customers by 2020.Machine-to-machine specialist Telit (LON:TCM) has been awarded a contract worth up to US$220mln as part of the UK’s £11bn smart metering infrastructure project GB SMIP.Supplies are expected to start in the final quarter of 2016 and continue through to the end of 2021. Telit will provide cellular modules to power a portion of the nearly 30mln "comms" hubs bridging ZigBee data communication between the smart meters and either radio frequency (RF) or cellular networks.Telit-equipped hubs will contain a specially developed module based around its previous experience in the energy market.Run by the Department of Energy & Climate Change (DECC), GB SMIP aims to install smart meters in homes of the majority of the UK’s gas and electricity utility customers by 2020.DECC expects the benefits will be an end to estimated billing, better energy tariff price information and more reliable next-day switching.Oozi Cats, Telit’s chief executive, said: "The system will monitor consumption and provide information to help consumers and businesses use energy more efficiently. "Telit has invested solidly in the special SMIP UE910 project as well as the manufacturing and logistics framework necessary to fulfil integration and rollout requirements from government as well as the various vendors involved in the project." The company was part of the think tank that worked on key standards and technology foundation behind GB SMIP.Share Philip Whiterow

oldjoe1 19 Oct 2015

Re: TCM, Lands MIGHTY CONTRACT...... REG – Telit Communications – Contract Win19-10-2015 070RNS Number : 6053CTelit Communications PLC19 October 2015 Telit Communications PLC ("Telit" or the "Company" Contract Win Telit signs US$220 million agreement to supply cellular technology to GreatBritain's Smart Metering Implementation Project ("GB SMIP" London, October 19, 2015 - Telit (AIM: TCM), a global enabler of the Internetof Things (IoT), announces that the company has secured a supply contractvalued at up to US$220 million as one of the technology providers for the GBSMIP, Great Britain's ambitious, world-leading £11.3bn Smart Meteringinfrastructure project. Supplies are expected to commence in Q4 2016 andcontinue through to the end of 2021. Telit IoT cellular modules are to power aportion of the nearly 30 million "comms" hubs bridging ZigBee datacommunication between the smart meters and either RF or cellular networks.Telit equipped cellular comms hubs will use a specially developed UE910UMTS/HSPA module delivering the 3G backhaul communication, leveraging thecompany's extensive experience in the energy market. Organized and run by the UK's Department of Energy & Climate Change ("DECC",the GB SMIP proposes to install smart meters in homes and businesses acrossthe UK, targeting the vast majority of gas and electricity utility customersby 2020. The system will monitor consumption and provide information to helpconsumers and businesses use energy more efficiently. The DECC also expectsGB SMIP to deliver a number of direct benefits to consumers, including an endto estimated billing, better support for microgeneration and exported energybilling, savings from better access to energy tariff price information, morereliable next-day switching and opportunity for new smart consumer productsand services. "As a very active member of the UK's BEAMA (British Electrotechnical andAllied Manufacturers' Association) and specifically its Comms Hub WorkingGroup, Telit is not only proud to be selected as a supplier to this worldbenchmark project in smart metering, but also to be a part of the think tankthat worked on key standards and technology foundation that made GB SMIPpossible," said Oozi Cats, Chief Executive, Telit. "Telit has invested solidlyin the special SMIP UE910 project as well as the manufacturing and logisticsframework necessary to fulfil integration and rollout requirements fromgovernment as well as the various vendors involved in the project." For further information: Telit Communications PLC Tel: +39 06 4204601 Oozi Cats, CEO Yosi Fait, Finance Director & President Canaccord Genuity Limited (Nominated Adviser)Simon BridgesCameron Duncan Tel: +44 20 7523 8000

Wimbledonsprinter 12 Oct 2015

Re: reason for crash There are a number of strange things in the trading update that I think explain why the stock has fallen strongly today - apart from the obvious revenue and adjusted EBITDA downgrades, where we have to take at face value management's comments that these are due to clients "postponing" purchases and that therefore long-term growth expectations are unchanged:1) The previous full-year revenue guidance was for sales of $347m to $$354m (i.e. a range of $7 m). With updated, guidance now being issued in mid-October, you would normally expect more certainty but now the range is even wider (i.e. $10m with the new range of $330m to $340m.) So there is a lot of uncertainty about sales in the last 2 and a half months.2). The lower number implies that Q4 sales will be $94 to $104 m and at the bottom of the range this is only a mid-single digit % increase on Q4 2014. 3). Adjusted EBITDA margin is also coming down and the new EBITDA forecast, implies an H2 EBITDA margin of 10.5% to 12.5%, by my calculations.4) Chairman sold a 500,000 shares in September. Question is how much should this cause the price to fall. So having said the above, I bought some shares today.

zulu principle2 12 Oct 2015

Re: reason for crash I bought more but did not time the buys well. Bought at £3, £2.87 & £2.72.Took a hit on this but trak8m more than covered it.

southernstar 12 Oct 2015

reason for crash Must be the delay in some revenues coming through in time for this years earnings. So what !! would buy more if I could !

Telit Communications Live Discussion

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