Member Info for oogleflugal

Adfvn somebody seems to have made contact with the other side. say there is a delay to results due to auditors shortage of staff in common with other companies. Cant say I've heard of one specifically. Usually in such circumstances it would be routine to inform the market. A bit lame to be honest.

113 to sell 119 to buy. Ha bloody ha

Yes its shocking, there are people growing up now who haven't heard of the Beatles, but they still sell loads of merchandise. Of the two I think AUTO is lot more useful and relevant.

Me too. The margins are pretty tight but then so too are they for competitors who are valued higher. Still holds top value slot on Stockopedia, though I dont think their system is infallible to put mildly they still have some great journalists commentating., and it came up again yesterday in an article on 'safe value' with dividends. The other problem is its not a very fashionable stock . However at this value its far better than holding cash I would think.

I missed the 171% profit surge added as an extra note just now. Will be interesting to see the reaction compared to some distinctly ridiculous rises in less stable companies recently

is here! I'd say Avery decent set of results too. No doubt the market will have other ideas, but I'll go further than that and say under the circumstances that on of the best set of results I've seen recently, even if it is only market expectations. I think they are sensibly cautious but double digit increases make very pleasing reading in a pretty diabolical climate.

This is just plain weird. Maybe the market expects them to do a placing to get all these contracts started.

Generally it is quite normal to pay a bit of a premium for a good going concern. I think a lot of people felt the timing was unfortunate, and thinking that business would dry up with the collapse of the transport industry the shares collapsed. Seems they have some great contracts coming through from their acquisition recently and could prove a real bonus as things are going to get tougher. As with just about every other company that is doing well had no problem in strengthening the balance sheet, by reducing debt, rather than having the rug pulled from under your feet at just the wrong time. Seems to be the favourite strategy right now. OCDO raised a billion overnight a couple of days ago. God knows where they keep finding the money. Must be a record for placings this year by a mile

Fxpo have released a notice that as far as they are aware the notice of any arrest is untrue.

apart from Zhveago being a wanted man again yesterday. This just won't go away . Very quick to tell us about the restriction of his shares being lifted. Not so on the case about impending arrest. Any UK company would have to make an immediate disclosure

Rock solid you could say

Its entirely political and thats the problem

bowing to the pressure of paranoid Americans who dont mind being in bed with the Russians when it suits. Huawei have been operating in UK for 20 years. Is the weakest dithering Prime Minister ever in the uk going to change his mind again (if he's actually got one) just on the say so of Trump and a few tory back benchers. Best check your Chinese underpants for wires too. Pathetic

I understand the frustration THJ. It is a truly dreadful company. But the sp has absolutely nothing to do with earning the company money unless they want to do an RI or something. They dont get a penny from us trading shares. It is quite well placed for 5g and I think that is the hope riding on this. GL

Glad thats out of the way! : The information communicated in this announcement is inside information for the purposes of Article 7 of Regulation 596/2014.
Telit Communications PLC
FCA Investigation Complete
London, 9 June 2020 - Telit Communications PLC ("Telit", AIM: TCM), a global enabler of the Internet of Things (IoT), is pleased to announce that the Financial Conduct Authority (the "FCA") has formally notified Telit that it has completed its investigation into Telit and has decided not to take enforcement action.
Simon Duffy, Chairman of Telit, commented: "We are very pleased that this matter has now been resolved. The composition of the Board has changed completely since the events that were the subject of the FCA's investigation and Telit's corporate governance has improved significantly."

Hi S. Didn't realise it had dropped again. They sure have been quiet since the placing. I gave up and came out evens. If they can't be arsed neither can I.

O look Aviva topped up. Thats whats been sucking the life blood out of the sp recently. Should motor on up now. Nice to have mates to assist with a decent price.

60p to buy. Nearly sold out today but think its best to give it a fair chance to achieve 80p now. Could be back over £1 by Christmas which is still a pretty decent return. Dow seems to think corona virus never happened, 27000 now !

Definitely seems to be the trade range £2.35-£2.70. So have accumulated a decent holding again.

Converible loans: These should be gone in about 18 months, mixture of repaying some, others converting into equity - fairly small dilution. Balance sheet will look much better once these are gone, and it might arguably remove a brake on the share price. Depends how the market sees it. The company is in control of the situation, now that it has enough cash to repay them in full - much better situation than 2 years ago.