Member Info for RichinMinerals

Well done the BoD, this RNS confirms without doubt what an excellent company Telit really is. I hope Tommy the "pizza boy" Winnifrith gets his arris sued to high heaven for false accusations and slander! Highlights from the RNS The Board is also aware of additional speculation from third parties relating to Telit's financial condition, trading performance and business relationships and has considered that speculation in detail. The Board confirms that there is no substance to the speculative and accusatory articles that have been published and that it stands behind the Group's audited accounts to 31 December 2016 and the most recently published interim statement. Specifically the Board is satisfied with the status of its distributors which contributed approximately 24% of Group revenues in the year ended 31 December 2016 with the ten largest accounting for approximately 61% of the total distributor turnover. The Board also notes the comments with respect to Bartolini After Market Electronic Services Srl, or BAMES, which relate to matters that commenced in 2007 and ended with the insolvency of BAMES in 2013 (although the Group's involvement with BAMES ended in 2010, as fully disclosed in the Company's financial statements). The investigation mentioned in recent publications is in a preliminary, non-public stage but given the recent speculation the Board confirms that should any charges be levelled against the Group (or its associates in place of the Group), it intends to defend its position vigorously and considers that any action would be without merit. 225p soon Best Richard x

Lets look what dribble you where spouting Friday "Looking forward to the "wasn't him" "no charges" or "replacement CEO" RNS, then of course maybe, just maybe the "approach" RNS." Sorry "hex" but isn't a severing ties with its CEO RNS akin to replacement a CEO replacement , me thunks so. Hope your not one of the ones up Shitsville Street tomorrow, you seem like such a nice wishing chappy lol Sweet dreams Richard x

on the streets of Shortsville LOL. Best Richard x

you can always tell when they know they are fecked, they try justify the opposite is going to happen, sorry to be the barer of bad news guys but anyone short is toast in the morning. I wouldn't be surprised to see between 180-200p tomorrow. Good night, sleep tight and don't let the short nightmares bite. Rich x

believe I had a glance into the future this morning lol. Sorry for all the lols I just cant stop lolling lol Regards lol

still won't be enough unfortunately, board will confirm accountancy practices are in line with standard accountancy practices, board will also introduce up to three big hitters to the board. Basically anyone with an open short is toastville lol. Love it when a plan comes together, poor old Winny bum and his sheeple in for a right old toasting in just over 11 hours lol. Oh how the heart does bleed. 180p open? Richard

hex, lets see what the RNS says tomorrow, good luck in Shortsville )) Sleep well Kind Regards Rich in Paradise

The company is expected to give more detail on its accounting policies to ease concerns about its sustainability. Telit Communications has severed its ties with chief executive, Oozi Cats, The Aim-listed company will reveal as early as Monday that Mr Cats has been ejected as a director following an investigation by law firm Cameron McKenna. It will also begin the process of ending his employment contract. Telit is also poised to confirm that it will overhaul its board with the appointment of at least three new independent directors. This all bodes very very well for the morning chaps, unless of course you're short lol. Kind regards Richard M

your all toast tomorrow lol and even more lol, right up **** street without a paddle anyone idiotic enough to hold their short over the weekend. Best Richard Minerals

"TW himself has published a detailed investigation of Telit" Surely not Tommy the pizza boy, who on earth would take advice from a pizza boy lol. Wont be too long before some dirt is dug up from Tommys past no doubt, will make his stories seem even more Enid Blyton than they already are. The fact we have people on here mentioning that dum feck Winnifrith says it all to me, screaming buy if ever I saw one. Will be adding again after its out the auction in the morning. Best Rich

love the smell of burnt toast after a Monday RNS, sets you up for week it does, lol. Cant say too much more, insider trading an all that. Good luck the shorts. Regards Rich

addicknt, I bet your disappointed theres nowt negative in the Sunday rags on Telit lol QPP received £637m for its professional services division, of which it gave shareholders around a pound for, I remember clearly as like Telit, the vultures were circling and spreading the fear yet I kept buying sub 20p and oh what a killing I made on that un! A bit like the killing I am going to make on here, you keep selling and I will keep buying them off you )) Only a fool would compare QPP to TCM, certainly not a comfortable time for anyone short and that includes Ennismore. Good luck with your short )) Kind regards Rich

didn't QPP go on to be taken out for 120p, I am sure it did, I wonder if Ennis managed to close out their shorts before the bid came out? Rich

does not always get it right, they took out a short in CMC in March and added in April their position is now 20% offside, same with IQE, they took out a short in July and now also 20% offside. Lets hope Telit gets them into trouble too soon, if they are foolish enough to keep their short open I think its inevitable they will be! IMO, Ennismore need investigating as the timing of their short adding position sticks to high heaven, this was IMO a concerted short attack on Telit and their timing is not coincidental, yet most guys on here would rather concentrate on some minor mishap that the CEO may or may not have committed 27 years ago, that also stinks as I believe there are posters on here connected to the said financial institutions that are indeed shorting this company, that to me is a far more serious matter that what Mr Cats has meant to have been involved with. I stick by my original PT of 225p, which RBC Capital seem to agree)) Good luck to those brave enough to be short at these super low levels and that includes you Ennismore! Good luck to the real investors here, I am sure this will quickly reverse and be trading above 200p in no time at all. Regards Rich

looking good for Monday hex. Regards Rich

"I am not in this share. I know far far too little about it. I would need a heck of a lot of research to go into a company that has been shorted so much this year". Hex, I appreciate your honesty with the above statement, can I just ask you this, if your not "in" this share, what the feck are you doing posting on here? I mean if your short you would have reason, if you were long you would have a reason, yet your neither apparently. I can only therefore come to the conclusion that matron gave you next doors meds. Get well soon. Regards Rich

that 225p will be here. Greedy when others are fearful and all that jazz..still cannot believe my luck I have been afforded the opportunity to buy into this great company at a pittance. Looking forward to the "wasn't him" "no charges" or "replacement CEO" RNS, then of course maybe, just maybe the "approach" RNS. Good luck teliterians, I believe those buying in recently will be handsomely rewarded in the not too distant future. Cue helix the "concerned" investor lol, over to you "hex" Best Rich

bless them, here to save our souls, RED FLAG accounting practices MORTGAGE FRAUD whatever next, jay walking when he was a teenager, skinny dipping on Brighton beach? Why on earth instead of hanging around like a bad smell do they just not sell up and move on, maybe because they hold no shares and are just here to save us from ourselves lol. 225p next week. Regards Richi

he inflated the price of properties, should that not mean that anyone that has sold a house and all the estate agents in London need to be indicted or be subpoena to court to face charges lol. Buy the dips Good luck Richi

please do elaborate on the familiarity issue you seem to have with me, maybe I can allay your concerns. May I ask if you are one of the shorters, as your response to a positive broker upgrade I have posted also seems very "familiar". Good luck "hex" Regards Richi