Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
Blackrock reduce 0.60% short to 0.36% below reporting threshold. That's a big sign that everything in good order at Telit as we already know. Great MT/LT buy here.
It's SP manipulation by shorters. Telit have effectively just become €18m richer by the removal of that potential liability.
From http://www.proactiveinvestors.co.uk/companies/news/120180/purecircle-to-be-a-winner-from-sugar-concerns-suggests-macquarie-120180.html Purecircle to be a winner from sugar concerns, suggests Macquarie 13:25 08 Dec 2015 Sugar’s growing demonisation should drive the market for Purecircle’s (LON:PURE) stevia sweetener alternative, according to Aussie broker Macquarie. Mexico has been in the vanguard of this health drive with its introduction of sugar taxes in 2013. Since then, volumes at the leading fizzy drinksupplier are down by 5-7% with prices raised by some 15% to maintain the margin. Attempts to reduce the tax met with a wave of protest said Macquarie and academics now suggest a sliding scale for the worst offenders on the sugar front is a more elegant solution. A plant extract, stevia, is already being used as an alternative to sugar by drinks manufacturers and taxes will force food and drinks groups to consider it even more. The broker believes European governments, and the UK in particular, may follow Mexico and impose a sugar tax or at the very least a labelling system that makes it clear how much sugar a particular drink contains. Macquarie says that either way, tax or labelling, these efforts can only speed up research into calorific reductions, ultimately increasing stevia adoption and usage. Purecircle had a tough 2015, acknowledges the broker, due to tight stevia leaf supply which squeezed margins, but with prices now stabilising and the sugar debate underpinning the long term appeal, the shares trade on an unjustified discount to other sugar and sweetener groups. The broker reckons 30% sales growth annually is possible over the mid-term especially with India’s approval of stevia in November and the new US patent for Reb-M (zero-calorie) use in beverages. ‘Outperform’ with a target price of 580p, it concludes.
Im still here too. You arent just speaking to yourself! Great LT stock here. In, adding and holding.
Good to see the Evening Standard is on the ball with regard to Ennismore shenanigans. http://www.standard.co.uk/business/city-spy-who-s-in-the-money-from-be-heard-placing-a3118776.html The this is the thing you see, Ennismore know the formula. Foreign CEO, high growth priced into stock etc but...they are pushing their luck on this one. Just using their reputation, working the press...but...they won't be right on everything. The underlying business is strong and fine. Nothing wrong regards accounting. It's a strong growth tech biz so by definition there won't be loads of cash sloshing about at this stage. The market is HUGE and they lead it with Sierra Wireless and Gemalto. The thing to consider is what does the future look like. Until 2018 we are likely to see steady growth in top and bottom lines. 2018 is when we should see the quantum leap in EBITDA as the margins from the services/cloud business kick in. Cloud side will be 20% of the business but with 60% gross margins vs 40% for rest of business - it will contribute to a higher level. We will see a reduction in expense to around 15% from 17%. Investment has been high in the acquisition phase of both the ATOP and ILS businesses in equipment and headcount. There is big operating leverage in both businesses. Likely to reach £100m by end of 2016. China is a big target area for growth and this is already starting to flow through. On top of that we have the 2 x recent big smart meter wins and automotive contracts. Plenty to get excited about for those who understand the business and the market it operates in.
There is nothing wrong with the company - this is pure manipulation I am afraid. Buying more at this level, incredible value for a quality company in a growing market. Of course there is a long term future in IOT as an investment, that industry has only just started to ramp up. Any Israeli/Canaccord fears are nonsense.
Worldquant fall below the reporting threshold. Ennismore pop up miraculously with a short position the day before Canaccord release a spurious note covering their backsides but also noting that they are positive on LT growth in the M2M market and Telit's market position! Also that they expect to review again based on improvements in FCF and a potential move to the main market. So how did Ennismore time their entrance so perfectly!?! Amazing wouldn't you say. Crystal ball stuff...or... Roll on the buyback approval to get this proper company valued properly.
Saw this tweet today. Guy Millward joins #IMG as CFO. 3 previous tech companies Guy was at have been bought out, including #ASW for £725m. Same routine at $IMG.L?
Worldquant reduced their short position on Monday 9th Nov co-inciding with the share buyback proposition RNS from Telit. This a very positive development and although there may be some moves in and out, it is very important to understand the validilty of the Telit business. The 2017-2020 timeframe will see an increase in EBT through the leverage and growth from the ATOP and ILS acquisitions as well as the recent contract wins. More short term it is likely that the share buyback and potential main market move will challenge the bears. In Oozi Cats, Telit has an exceptional and very competent visionary leader, who is both a proud man and a workaholic. The current pricing levels offer exceptional med-long term value IMO.
Another very sensible post here: http://uk.advfn.com/stock-market/london/telit-communications-TCM/share-chat?page=126 16:08 on 07/11/15 from kkkkss11
....over on iii on Telit from justfactual. http://www.iii.co.uk/investment/detail?code=cotn:TCM.L&display=discussion
I strongly suspect we will see a move off AIM to the Main Market soon. Just keep topping up at every opportunity. Terrific corporate governance at Telit and contracts announced recently will underpin the growth for the next 4-5 years.
Telit finally showing it's teeth and strength to the market and the bears. Watch out for steps to move to the main market. Can't be far away surely...
The Board of Marlowe Holdings notes the recent rise in its share price and confirms that it is contemplating a potential acquisition which would constitute a reverse takeover under the AIM Rules. As a result, trading in the Company's shares will be suspended until such time as an admission document is published in relation to the potential acquisition or the talks otherwise conclude. The Company will update shareholders with further information in due course. There can be no certainty that these discussions will lead to any transaction completing.
Guys. No need to ramp this. Just let it take its own course. There may or may not be investment news tomorrow. But...at some point soon there will be. Sit tight.
Away!
IMO this is opportunistic shorting using the revised guidance and other recent AIM developments to scare people out of shares and hit some stops. Company is very real and growing with all the elements in place to leverage recent acquisitions over the next few years. Corporate governance is very tight and I would expect to see some positive moves from the company shortly.
...is imminent. Increased investment with bigger profile, better liquidity, better regulation. No more AIM shenanigans. Only way is up.
Up 7% on the day. I think JPM saw a chance to be mischieveous with an extra short to push the price down and hit some stops - they increased on Monday. Funny co-inciddnce.... Drop was certainly overdone on that RNS so had to have had 'helping hand'. They may well have bought those extra shares back already. Games, but the stock is solid and so is the management. Up on my top up and holding firm.
Very thinly traded stock so any positive news around acquisitions will see a scramble for shares and the price will motor. Up 12% today.