|Bid||175.00 x 123300|
|Ask||187.00 x 316200|
|Day's range||178.40 - 184.48|
|52-week range||100.25 - 379.00|
|PE ratio (TTM)||25.77|
|Earnings date||7 Aug 2017 - 11 Aug 2017|
|Forward dividend & yield||0.09 (4.73%)|
|1y target est||2.33|
Shares in Premier Oil plc (LON: PMO) have doubled in price over the last six months. Edward Sheldon explains why you need to be careful now.
** Telit's capitalization policy finally catches up with the company after it announces $25 mln of "exceptional" charges ** Writes down $16 mln of capitalized development costs, with $9 mln of ...
The City regulator has launched an inquiry into the London-listed technology company Telit Communications (LSE: TCM.L - news) , weeks after its chief executive departed amid doubts about his true identity. Sky News has learnt that the Financial Conduct Authority (FCA) has begun making inquiries into events at Telit, which makes products enabling access to the Internet of Things (Frankfurt: 7IT.F - news) (IoT). Details of the FCA's investigation remained vague on Thursday, although it is expected to include examining the timing and disclosures relating to a share sale in May by Oozi Cats, the former chief executive.
** A little-known Hong Kong investor has built a 14 percent stake in troubled internet of things company Telit, according to filings, becoming its largest shareholder ** Run Liang Tai Management has overtaken ...
The chief executive and founder of Telit has resigned after the London-listed technology company confirmed on Monday he had been indicted for an alleged mortgage fraud in the United States more than 25 years ago. Telit, whose products and services connect devices to apps and enterprise systems, said in a statement that Oozi Cats's involvement in an alleged "land flip" scheme that bought and sold properties at inflated prices had been "knowingly withheld" from the board. An arrest warrant for Cats was issued under an alternative spelling of his name, Uzi Katz, but he was never detained, according to Boston federal court documents seen by Reuters.
** Telit rises 4.3 pct after disclosing two new institutional shareholders, but who sold the shares remains unknown ** The crisis-hit internet of things company reported a shock loss on August 7, and lost ...
Since it was founded in 1995, the Alternative Investment Market (AIM) has been a home for some of Britain’s fastest-growing and most exciting companies, such as the online fashion retailer Asos (LSE: ASC.L - news) . One of the latter, which has kept market-watchers richly entertained during the last week, is Telit Communications (LSE: TCM.L - news) . Floated on AIM in 2005, Telit is a tech company that describes itself as "global enabler of the Internet of Things (Frankfurt: 7IT.F - news) ", the concept of connecting devices, appliances and buildings over the internet and allowing them to talk to each other.
** Telit breached one of its debt covenants just eight weeks after a £39 mln capital raise ** The troubled internet of things company is currently looking for a new CEO after Oozi Cats stepped down over ...
** Telit CEO Oozi Cats has resigned after the company confirmed an indictment in the US for mortgage fraud was "knowingly withheld" from advisers ** Cats had taken a leave of absence on August ...
** Telit's top institutional shareholder Norges Bank has trimmed its stake in the company just weeks after adding to the position, according to regulatory filings ** Shares in the internet of things company ...
The chief executive of technology firm Telit has taken a leave of absence after the London-listed company said it had discovered he had been indicted in the United States 25 years ago over an alleged mortgage fraud. Telit said in a regulatory statement on Wednesday that it had been made aware of the indictment against CEO Oozi Cats, which was later dismissed, and had appointed a law firm to review the matter, which it said was "unrelated to Telit and significantly pre-date(s) its establishment". Cats, who could not immediately be contacted on Wednesday, was alleged in a Boston federal court in 1992 to have been involved in a "land flip" scheme that bought and sold properties at inflated prices in order to take out fraudulent mortgages, copies of court documents reviewed by Reuters show.
** Telit CEO Oozi Cats has taken a leave of absence after it emerged he was indicted for a mortgage fraud in the US in the 1990s ** Israeli Cats was accused by a Boston court in 1992 of being part of a ...
** Internet of things company Telit rises 2.6 pct as house broker Berenberg gets behind stock despite criticising a recent management share sale ** Shares fell on May 24 after CEO Oozi Cats sold a third ...
** Internet of things company Telit falls 2.2 pct after it raises £39 million through a share sale to fund M&A ** Co issues an additional 11.6 mln shares at 340p, 10 pct of Telit's existing share capital, ...