お知らせ • Aug 17
Liquid Telecommunications South Africa (Pty) Lty completed the acquisition of Telrad Networks Ltd (TASE:TLRD). Liquid Telecommunications South Africa (Pty) Lty entered into a definitive agreement to acquire Telrad Networks Ltd (TASE:TLRD) on May 9, 2022. The transaction is subject to customary closing conditions, including Telrad shareholder approval.
Liquid Telecommunications South Africa (Pty) Lty completed the acquisition of Telrad Networks Ltd (TASE:TLRD) on August 16, 2022. Telrad will continue to be led by Mr. Moti Elmaliach as Chief Executive Officer, who will also be appointed to the group's executive team and will be part of the international growth of the Liquid business globally. お知らせ • May 10
Liquid Telecommunications South Africa (Pty) Lty entered into a definitive agreement to acquire Telrad Networks Ltd (TASE:TLRD). Liquid Telecommunications South Africa (Pty) Lty entered into a definitive agreement to acquire Telrad Networks Ltd (TASE:TLRD) on May 9, 2022. The transaction is subject to customary closing conditions, including Telrad shareholder approval. Valuation Update With 7 Day Price Move • May 10
Investor sentiment improved over the past week After last week's 17% share price gain to ₪3.49, the stock trades at a trailing P/E ratio of 9.7x. Average trailing P/E is 25x in the Communications industry in Asia. Total returns to shareholders of 89% over the past three years. Board Change • Apr 27
Less than half of directors are independent No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 4 experienced directors. 3 highly experienced directors. 3 independent directors (4 non-independent directors). Independent Director Orly Etzion was the last independent director to join the board, commencing their role in 2017. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Reported Earnings • Mar 31
Full year 2021 earnings released: EPS: US$0.10 (vs US$0.17 in FY 2020) Full year 2021 results: EPS: US$0.10 (down from US$0.17 in FY 2020). Revenue: US$179.0m (down 1.2% from FY 2020). Net income: US$5.40m (down 37% from FY 2020). Profit margin: 3.0% (down from 4.7% in FY 2020). Over the last 3 years on average, earnings per share has increased by 73% per year but the company’s share price has only increased by 18% per year, which means it is significantly lagging earnings growth. Reported Earnings • Nov 24
Third quarter 2021 earnings: Revenues in line with analyst expectations Third quarter 2021 results: Revenue: US$43.3m (down 9.4% from 3Q 2020). Net income: US$1.02m (down 59% from 3Q 2020). Profit margin: 2.3% (down from 5.2% in 3Q 2020). Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has increased by 39% per year but the company’s share price has only increased by 3% per year, which means it is significantly lagging earnings growth. Reported Earnings • May 26
First quarter 2021 earnings released: EPS US$0.05 (vs US$0.029 in 1Q 2020) The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2021 results: Revenue: US$45.3m (up 11% from 1Q 2020). Net income: US$2.72m (up 78% from 1Q 2020). Profit margin: 6.0% (up from 3.7% in 1Q 2020). Over the last 3 years on average, earnings per share has fallen by 15% per year but the company’s share price has increased by 5% per year, which means it is well ahead of earnings. お知らせ • May 06
Telrad Networks Ltd (TASE:TLRD) acquired Business Operations and WipAir Portfolio of WaveIP Inc. Telrad Networks Ltd (TASE:TLRD) acquired Business Operations and WipAir Portfolio of WaveIP Inc. on May 4, 2021.
Telrad Networks Ltd (TASE:TLRD) completed the acquisition of Business Operations and WipAir Portfolio of WaveIP Inc. on May 4, 2021. Reported Earnings • Mar 20
Full year 2020 earnings released The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2020 results: Revenue: US$181.1m (up 19% from FY 2019). Net income: US$8.55m (up US$43.0m from FY 2019). Profit margin: 4.7% (up from net loss in FY 2019). Over the last 3 years on average, earnings per share has fallen by 82% per year but the company’s share price has only fallen by 10% per year, which means it has not declined as severely as earnings. お知らせ • Mar 16
Telrad Networks Ltd to Report Q4, 2020 Results on Mar 16, 2021 Telrad Networks Ltd announced that they will report Q4, 2020 results on Mar 16, 2021 Valuation Update With 7 Day Price Move • Feb 02
Investor sentiment improved over the past week After last week's 18% share price gain to US$4.00, the stock is trading at a trailing P/E ratio of 18.2x, up from the previous P/E ratio of 15.4x. This compares to an average P/E of 32x in the Communications industry in Asia. Total return to shareholders over the past three years is a loss of 20%. Is New 90 Day High Low • Feb 01
New 90-day high: ₪3.80 The company is up 39% from its price of ₪2.74 on 03 November 2020. The Israeli market is up 21% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Communications industry, which is down 2.0% over the same period. Is New 90 Day High Low • Jan 11
New 90-day high: ₪3.36 The company is up 21% from its price of ₪2.77 on 13 October 2020. The Israeli market is also up 21% over the last 90 days, indicating the company’s price trend is similar to the market over that time. However, it outperformed the Communications industry, which is down 6.0% over the same period. Is New 90 Day High Low • Nov 16
New 90-day high: ₪2.85 The company is up 50% from its price of ₪1.90 on 18 August 2020. The Israeli market is up 5.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Communications industry, which is down 10.0% over the same period.