Member Info for gameangler

Two simple choices: 1) back the judgement of the shorters and the share pundits who think Telit are over valued or 2) back the judgement of technology and business process giants SAP and Intel who have recently tied up Telit. Telit have developed and own market leading systems and IP in the embryonic and rapidly emerging IOT sector. What value would you ascribe to all the investment that has made them the go to supplier for major organisations? In an little know sector his share has always been volatile, which attracts traders and shorters. If you are in it for an investment, ignore the random noise of share chatter. I focus on the potential and record of revenue growth, and put my faith in SAP's judgement in choosing their systems for its IOT offerring.

Dibs61 - I didn't attend, too far from Cumbria ! There has long been hype about IoT and big data, but at last this is starting to be implemented as the financial benefits are becoming apparent. Two local examples I know of locally in last 9 months. One where a farmer was using his tractor and received a message from US that he was ignoring a stop alert and they would invalidate his warranty unless he stopped immediately.(Potentially big saving on a warranty claim, as they had received all the data to refute it). Secondly another farmer had missed payments on two tractors, so they disabled them off from US until he paid up. New smart commercial buildings will have sensors on anything that is a functioning item. Light bulbs, toilets facilities, heating, cooling etc, the sensors will feed large amounts of data to manage the economical and environmental maintenance of the buildings. It applies equally in commercial business activities. If it is possible to save money or reduce human involvement in an activity it is a potential client for Telit. There is a huge addressable market and this industry is in its infancy. Enjoy the journey !!

Been an increasing investor for 7 years and agree with Dibs61. The current share price doesn't appear to reflect any of the Directors upbeat forward guidance from the recent Capital Markets Day presentation. CEO Oozi stressed these were not a hype, and he stated they would be returning to high growth, with 2017 looking incredibly strong. Presentation is long, but an impressive must see. Oozi conclusion is from 01:32:15 to 01:42:13 http://www.telit.com/investor-relations/presentation-and-webcasts/ Read a recent article reporting Nick Train of Lindsell Train was 100% invested in Equities and aligned his position with Warren Buffet's view that major corporations in US are investing in process technology investments that will yield significant financial benefits from their existing businesses. Telit provides the bits and pieces to make this happen, and will benefit from very high growth with their market leading position. The big investors are interested in investing in the major corporations that will see biggest financial returns.

Worth rereading following two articles and the readers comments on each SEEKING ALPHA http://seekingalpha.com/article/3495096-globo-better-than-good?page=2Blackberry%27s also VALUE AND OPPORTUITY http://valueandopportunity.com/2015/07/15/globo-plc-value-superstar-or-too-good-to-be-true/ V.strong views on both sides.

Go to Telit website : HOME>>ABOUT US>>INVESTOR INFORMATION>>PRESENTATIONS & WEBCASTS. You can download PDF of Presentation and For Investor Conference Call transcript please write to telit.communications@telit.com. I got a copy yesterday and well worth a read. 8 pages so too large to copy and paste. They are worldwide leaders in the Industrial Sector of the Internet of Things with 31% share. Sector growth prospects in next 15 years appear impressive. Lots of insight into the workings of the company.

Regarding news flow, the products they sell are security related, so their hands may be tied by confidentiality clauses in their contracts limiting what they can say. The company states they expect to perform strongly this year and this should gradually move the share price upwards. The recent lottery security contract was also a new positive, but I think any uptake on their bank note cleaning product could be transformational for future sustainable earnings. The share looks worth holding for that alone imho.