Cobus Loots, CEO of Pan African Resources, on delivering sector-leading returns for shareholders. Watch the video here.
Telit Communications PLC (AIM: TCM, "Telit", the "Group"), announces that Mr. Oozi Cats, the Company's Chief Executive, has yesterday purchased 400,000 ordinary shares of 1 pence each in the Company ("Ordinary Shares"), at a weighted average price of 171.87 pence per Ordinary Share,
"Besides high-speed, the module was designed with specific attention to cybersecurity requirements in order to support reliable and comprehensive use of over-the-air software update technology. This is critically important for the automotive industry since so much of the car is now software defined," Alot of this technology goes straight over my head, but what i can make out the Telit LE94OA9 smart module is capable of download speeds of 450 MBPS and upload speeds of 50 MBPS where updates for engine and other control units can be automatically be updated without the need to visit your dealers garage and also software updates.. and also upload information from the cars sensors logs to feed existing and upcoming OEM preventive maintenance program in other words the technology-can send information back to the dealer that a problem is about to occur and can be recalled before it happens
Telit receives first purchase order from emerging North America car OEM for its new LTE Cat 6 automotive-grade module. London, 16 June 2017 - Telit Communications PLC ("Telit", "the Group", AIM: TCM), a global enabler of the Internet of Things (IoT), has received the first purchase order from an emerging North America car OEM for its LTE Cat 6 automotive-grade module. Telit's LTE Cat 6 module, which obtained certification from AT&T in May 2017, will provide high-speed internet connectivity and is expected to start shipping to the North American market in the fall of 2017 and to other markets in 2018. Oozi Cats, Telit Chief Executive, commented: "For the past two years, we have been developing a new automotive LTE Cat 6 communication module based on an Intel platform for a new set of requirements from an emerging North America car OEM. "Besides high-speed, the module was designed with specific attention to cybersecurity requirements in order to support reliable and comprehensive use of over-the-air software update technology. This is critically important for the automotive industry since so much of the car is now software defined." never ceases to amaze how the MM`s can drop the share price 8/10p in the final 30 mins of trading knowing their is news coming
Telit and Tele2 launch module-software embedded SIM technology London, 14 June 2017 - Telit Communications PLC ("Telit", "the Group", AIM: TCM), and Tele2 (NASDAQ OMX Stockholm: TEL2 A and TEL2 B), global enablers of the Internet of Things (IoT), today announced the launch of simWISE, a cellular module-embedded SIM technology, the first of its kind. The new technology can act as a replacement or complement for manufacturers of cellular-connected devices using traditional SIM card and tray. Manufacturers of connected products that embed Telit IoT modules with simWISE significantly reduce time to market, complexity, and will improve customer experience across all verticals. The module-software embedded SIM technology is essential to the mass-rollout of Cellular IoT technology, in particular LPWA offerings such as LTE-M and NB-IoT. This initial release of simWISE for mass market 2G devices is the first step in Telit's roadmap to deliver a broad set of innovative technologies related to embedded connectivity that will expand across the product portfolio. Telit's ability to offer the industry's broadest portfolio of both integrated products and services, and Tele2 IoT's best-in-class connectivity solution, allows the companies for the first time to provide the market with the enhanced value proposition of simWISE that reduces the total cost of ownership and improves the connection lifecycle management features of IoT deployments across the globe.
http://www.telit.com/press-media/press-releases/press-details/item/telit-unveils-industrys-first-450-mbps-lte-advanced-automotive-grade-module/ surely this news deserved an RNS telit never seems to blow there own trumpet enough ..come on !!
WE ARE AN AIM LISTED COMPANY FOCUSED ON BUILDING A GROUP OF SIGNIFICANT SCALE PROVIDING DIGITAL RESILIENCE SOLUTIONS TO UK BASED PRIVATE AND PUBLIC SECTOR ORGANISATIONS They have a good team..... it`s seems a long wait but i`m sure it will be worth it
opens monday @ 260 and then is sold down to 246 taking out stops and nervous investors and the only reason being yet another leaked RNS and people in the know picking up cheaper shares It was only a Trading Update but looking good for the long term, but this share can be frustrating needs to break out of this trading range, and preferably up Canaccord Genuity upgrades from 310.00 to 325.00
It`s been trading in a 255/265 trend for some time now but it is starting to look to a upward breakout possibly in the next few days ...we shall see
Following the transaction, Mr. Fait holds 1,500,000 options over the Company's shares and owns or is directly interested in 315,000 Ordinary Shares, representing 0.27% of the issued share capital of the Company. still holding 1,500,000 in his share option scheme......thought it strange on the day in question of the sale their were 350,000 and 300,000 shares Bought in a very short time but there was very little upward movement in the share price, so obviously arrangements had been made for buyers to pick them up, A sell and buy deal done and dusted and unless you were watching the trades you would never had known
Telit Communications PLC ("Telit", "the Company", AIM: TCM), announces that Mr. Yosi Fait, the Company's President and Finance Director, exercised options over ordinary shares of the Company and sold the resulting 632,998 shares, at a weighted average price of 267.55 pence per share, . This is just a sale from the Management`s Share Option Scheme ...shares he had the option to buy @ 80p A share option scheme taken out some years earlier ....... management do it all the time, nothing i would worry about ..this is only being sold down now on profit taking ..the share has had a good run of late.
Ennismore Fund Management increased their short on the 8th august now 2.06%
you may be interested in this interview https://www.youtube.com/watch?v=1pHbazi5Cn8
OLD MUTUAL GLOBAL INVESTMENTS have decreased their short by 0.06%
London, 15 July 2016 - Telit Communications PLC (AIM: TCM, "Telit," the "Group"), a global enabler of the Internet of Things (IoT), has received certification from Verizon for another of its LTE modules for use on Verizon's 4G LTE network. Verizon was the first wireless service provider to enable CAT-1 operation, having launched the technology across its LTE network in 2015. Oozi Cats, Telit's Chief Executive, commented: "This is another important development for us in North America, as it now gives our customers two Cat-1 modules to choose from for their M2M/IoT applications on Verizon's 4G LTE network." Telit's single-mode LTE CAT-1 IoT module (LE910-SV1) supports LTE bands 2, 4 and 13. It is a member of Telit's best-selling xE910 family and can be applied as a drop-in replacement in existing devices based on the family's 2G and 3G models. Supporting peak data rates of 5Mbps upload and 10Mbps download, the certified module is ideal for developers and integrators looking to migrate existing North American 2G or 3G IoT devices to LTE, or build new IoT solutions requiring lower LTE speeds, while leveraging cost savings associated with CAT-1. The LE910-SV1 is a member of the xE910 form factor family, which features a common uniform 28.2 x 28.2 x 2.2mm LGA package, providing long-life with cost-optimised operation for the integrated solution.
A big drop yesterday with the stock price being pushed down with people wanting to get in at a lower price (possibly) perhaps knowing there was good news on the way I will post the latest RNS above whether the share price moves up on this news we will have to see
Tokyo, July 13, 2016 – Telit, a global enabler of the Internet of Things (IoT), today announced that it has been chosen by IDY Corporation, a provider of services for wireless device design including hardware and software, to provide its HE910-EUD and SE873 modules along with the Telit AppZone framework and tools, to develop its new, compact GPS Tracker, called iG340B. IDY, based in Tokyo, Japan, is a specialist in 3G and LTE wireless devices, such as gateways, routers, as well as GPS (GNSS) devices with three-axis accelerometers and Bluetooth Low Energy devices. It has recently become the first Telit Competence Center in Japan and plans to target overseas markets with Telit products.
The Train is at long last........ leaving the station..... results due early August, if no surprises we should get a decent lift uncertainty with Brexit held me back from topping up never mind onwards and upwards
Telit Communications PLC (AIM: TCM, "Telit", "the Group"), announces that the Company purchased 107,722 of its own ordinary shares of 1 penny each ("Shares") on 27 June 2016 at an average price of 208.85 pence per Share (the "Share Buyback"). The purchased Shares are to be held in treasury. Following the Share Buyback, the Company's issued ordinary share capital consists of 115,309,624 Shares, of which 517,122 Shares are held in treasury.