Member Info for speakssense

Godfrey Chua, directing analyst for M2M and the Internet of Things at Infonetics, said the market is expected to go on picking up speed from 2015 in particular, reaching $2.9bn (£1.7bn) in four years' time, as a range of industries adopts device-to-device internet connectivity. Telit is perfectly positioned to benefit from this market shift, extremely well run and thinking 5-10 years ahead in terms of R&D. At these levels Telit is extremely good value for a tech growth company which already generates good profits and cash. 400-500p in 2-3 years max.