Cobus Loots, CEO of Pan African Resources, on delivering sector-leading returns for shareholders. Watch the video here.
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Group revenue up 7.8%; EBITDA and Profit in Cash slightly ahead of Board expectations; and Market Capitalization still only 75% of annual revenue. Over time the numbers will speak for themselves.
Mathurin. I'm a LTH and follow tcm on LinkedIn. I've noticed over the last couple of weeks a marked increase in the social media posting of product info and marketing. This is a good sign in my book. There is also an interesting tie in with Microsoft azure cloud platform. I think the media and commercial cogs are turning. A push for 2nd half year sales. Maybe the oozy cats effect is wearing off. Let's hope so.
ATB
LB
The Daily "Muck" spouting off again.
Nomura. Same today 10 trades at 1343.00 and another 15 at 1506.52
Wonder how the broker decides which of its customers gets the better price...
rgds
LONDON, Oct. 23, 2019 /PRNewswire/ -- Telit, a global enabler of the Internet of Things (IoT), today announced a successful series of tests of its new industrial-grade 5G data card, the FN980m. Conducted on a live 5G network in Korea, the tests highlight Telit's leadership in providing businesses and other organizations with 5G solutions for industrial routers and gateways, fixed wireless access, video broadcasting, private LTE/5G networks and more.
daily trades with this share. No trades at all until after 10am this morning, then all of a sudden 28 automatic ones go through???
"If you don't read the newspaper, you're uninformed. If you read the newspaper, you're mis-informed."
Interesting that Ben Harrington had been spinning stories on his own website about Sierra Wireless going after Telit, but in the Daily Fail its Sunsea Telecommunications. Share price hasn't broken 173p over past three months - who's telling porkie pies?
Don't believe everything that you read in the Mail. Today's rumours are tomorrow's chip paper........
Reports of a takeover by Sierra Wireless coming from financial hack Ben Harrington...
https://betaville.co.uk/betaville-intelligence/rare-alert-sierra-wireless-said-to/
Harrington peddled the same report back in September last year, so what's new this time around?
Three years ago Telit was a rising star - apart from the fraudulent oozy Kats can
Moniman explain to me why Telit creates such little interest. What happened to all those research centers in India and South Korea ? How good is the CEO -
The total lack of interest is very sad and shows how dishonest people can ruin a company .
Steady progress towards profitability. Market Cap. of circa $300m is way too cheap for a company in this sector with growing annual sales of $360m+ per annum. And the company has no cash worries. Has my vote.
Well a very upbeat trading update. Increase in sales, positive cashflow compared to a loss in the previous period and $44million in the bank, what's not to like. If this was a American tech company the price would probably be double in my opinion. I guess the Oozi factor is still causing a drag on the SP? Adyor!
Nice little tick up today......apparently shorts closing out more of their remaining positions.......
Let's hope that the share options granted today are a good incentive for the management team to grow the business and profits over the next 3 years...
Todays RNS, Oozi cats buying more shares, now at 13.08%...interesting development!
Shorts reducing again. Question is will they be able to get out of their remaining positions? This stock has limited market so next few weeks/months will be interesting. Roll on 300p....
Well this really is gaining some serious momentum. I thought 200p was very achievable this year but looking at the volume of buying and the people who are buying this, I'm now thinking 300p+ I a serious possibility in my humble opinion. Good luck and hold on for the ride....will Telit use some of the automotive sale for a special dividend or reinvest it in the business.
Always gives ma a warm glow when I see a Non Executive making a serious share purchase.
Usually is a precursor to good news.Bought more yesterday.
Got some of these today. Looks like a rerate going on here. Looks like plenty of action yet to come. Thanks Moni for bringing it to my attention
Well well, director buys 250,000 shares at 184p. This is getting very interesting now...GLA holders!!!
Some big buys going on today. 200p + in the coming days possibly?
Next stop 200p to test 12 month highs, remaining 3% of shorts will be getting nervous imho adyor!!!
RNS today, all the cash has been paid to Telit for the automotive sale..Are we going to get a special dividend or will a takeover happen now all the books are balanced?
I suppose after months of silence this board with be busy tomorrow......