Cobus Loots, CEO of Pan African Resources, on delivering sector-leading returns for shareholders. Watch the video here.
saw that go through around 2.20pm shares were trading at the time about 226.00p but they continued up to around 230.00p before dropping it did show as a sell so i could only conclude it was a old deal which they dropped in place somebody may be able to shed further light on this
The Company announces that it was notified on 18 November 2015 that on 18 November 2015, Mr. Enrico Testa, the Company's Chairman, purchased 38,000 ordinary shares of 1 pence each ("Ordinary Shares") at an average price of 190 pence per share. Following the transaction, Mr. Testa owns, or is directly interested in, 1,038,000 Ordinary Shares, representing 0.9% of the issued share capital of the Company.
director has just purchased 38,000 shares @an average £1.90
http://shorttracker.co.uk/company/GB00B06GM726/all this morning this was around 2.80%
http://shorttracker.co.uk/company/GB00B06GM726/all this morning this was around 2.80%
n recent months, the Company's share price has experienced increased volatility. The Board is cognisant of the fact that it has not previously requested authority from its Shareholders to enable it to buyback the Company's shares. The Board feels it is appropriate at this time to seek such authority, in order to ensure it has scope to put in place a share buyback in the future, in the event the Board was to consider this to be the best use of the Company's cash resources TO GENERATE SHAREHOLDER VALUE.
got to be a good thing ..... must help to stop shorting
Just to say a big thank you ......you mentioned the shorts in place a few days back I panicked and sold at £2.77 as i was`nt happy holding after the last big drop........and down it went again this morning was able to buy back in at £2.25 and feeling very happy to hold from here long term, but don`t get me wrong i do feel for the investors who are suffering losses iv`e been there many times but here we have a company who are on the verge of standing shoulder to shoulder with the big company's and even bettering them with it`s technology for the future.
London, November 6, 2015 - Telit, a global enabler of the Internet of Things (IoT), today announced that the Telit IoT Platform for mobile network operators - a carrier-ready Application Enablement Platform - has been licensed to Swisscom as the core embedded technology for the new IoT services Swisscom will be offering. The turnkey IoT Platform lets Switzerland's leading communications provider offer end-to-end IoT services and rapid application development.
London, November 2, 2015 - Telit Communications PLC (AIM:TCM), a global enabler of the Internet of Things (IoT), is pleased to announce that it has recently secured supply agreements for its cellular modules with two tier-one automotive suppliers, with expected revenues of up to $33 million. These agreements are the 5th and 6th such supply agreements Telit has secured over the past 12 months representing in aggregate up to $220 million of revenues over the life of the agreements. Supply periods range from four to six years with shipments on one contract already begun and peak volumes being reached in 2018, with deliveries into the U.S., Germany, Japan, China and Korea. Telit looks forward to updating the market with further contract wins from its automotive business unit over the coming 12 months as the company capitalises on its strong momentum in this segment.
very quiet so far but moving in the right direction fingers x`d
I am going to guess at fallout from the Globo debacle. Greek/Israeli software type companies seem to have been smacked by association, with investors very short on confidence that the numbers all stack up. It's not that people think there is a problem with any company in particular, they just don't want to take the chance and thus sell. It might be irrational to assume everyone is falsifying just because one company has admitted to it but there you are, a lesson in the power of confidence on share prices............Look at InternetQ - they also got savaged from 220p by about 60p but have risen 10% today on the back of mgmt reassuring that all on track. I guess until people know the extent of the problems at Globo or how long they have been falsifying data (and how they got away with it) the uncertainty will act as a drag on others.
Buy Volume 2,084,525 Trade Low 226.25 Sell Volume 2,097,312 Trade High 269.50 ? Volume 227,287 VWAP 236 Total Volume 4,409,124
this stock is being shorted by people who want to get in as cheap as possible, there is no other explanation as to drop 60p in a matter of days,but it as allowed me to pick up a few thousand more shares, lets see where we are in 6-12 months not under £3 thats for sure
London, October 19, 2015 - 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.
A MAJOR developer has bought 19 acres of prime land in Worcester which belonged to the Government - raising the prospect of more homes being on the way. St Modwen has come to a deal with DEFRA (the Department for Environment, Food and Rural Affairs) over its offices in Whittington Road near Junction 7 of the M5. The sale, which has been in the offing for some time, means the huge brownfield complex is now expected to undergo a significant regeneration. St Modwen insists its thoughts on the land are open-ended, saying it is "exploring a number of options" for the prime site.
The firm is already a big player in Worcester, and is behind the ongoing housing regeneration of the old Worcester City FC site in St George's Lane. Jonathan Green, a development surveyor at St Modwen, said: "We’re currently exploring our options for the site, which is in an ideal location in terms of its proximity to the city centre, the railway station and the motorway. "This purchase from DEFRA further cements St Modwen’s dedication to Worcester, where we’re working on progressing a number of different schemes." St Modwen has recently completed the construction of 25,000 square foot of new employment space on a speculative basis at Great Western Business Park near Tolladine, and has submitted a planning application to build a further 60,000 square foot. It also owns and manages the Shrub Hill Industrial Estate and Nunnery Way, a 19-acre site which it is developing for employment, showroom and leisure space.
Greencore marked the opening of a new greenfield sandwich facility in Rhode Island to support the rapid international growth of its business. The 107,000 square foot building will become the eighth food manufacturing facility for Greencore in the US. Minister for Agriculture and Food, Simon Coveney TD along with Rhode Island Governor Gina Raimondo attended the official opening today. “This is the first new factory build for Greencore in almost 25 years, and we are committed to developing one of the best sandwich manufacturing plants in the world here in Rhode Island,” said Liam McClennon, CEO of Greencore USA. “This is an important investment as part of our ongoing expansion of the business to avail of opportunities in key markets. We are investing over $40 million to develop a state of the art complex. It will employ upwards of 400 staff and marks a key milestone in our strategy to grow Greencore’s business in the US.” Greencore’s Quonset facility will be the company’s northeast hub, producing approximately six million units per week and supplying more than twenty states. The facility is a 107,000-square-foot space (with potential to expand to 150,000-square-feet) and is scheduled to open in spring 2015. The state-of-the-art facility uses the latest technology and will introduce approximately 400 new jobs to Rhode Islanders, from entry-level food production and delivery to quality control and management.