ADVFN Logo

We could not find any results for:
Make sure your spelling is correct or try broadening your search.

Trending Now

Toplists

It looks like you aren't logged in.
Click the button below to log in and view your recent history.

Hot Features

Registration Strip Icon for default Register for Free to get streaming real-time quotes, interactive charts, live options flow, and more.

TSW Titan Eur.

112.375
0.00 (0.00%)
Last Updated: 00:00:00
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Titan Eur. LSE:TSW London Ordinary Share GB0034380518 ORD 40P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 112.375 - 0.00 00:00:00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
0 0 N/A 0

Titan Europe Share Discussion Threads

Showing 2376 to 2396 of 2425 messages
Chat Pages: 97  96  95  94  93  92  91  90  89  88  87  86  Older
DateSubjectAuthorDiscuss
05/10/2012
16:13
Unconditional! Now we know what Mefro have done, interesting!
tiswas
05/10/2012
15:59
Yes sorry about that.

They don't seem in any great hurry to give us the good news.

kimboy2
05/10/2012
07:51
Kimboy2, so elegantly said. :-)
alphahunter
04/10/2012
20:22
Interesting volume going through today
tiswas
04/10/2012
19:58
I am sure as far as we are all concerned they can coitus off with their offer. However it isn't our view that really counts.

It all depends on Mefro I think. The good thing is that they hadn't been signed up when the offer came out. Will they have been convinced since then ?

I expect we will find out tomorrow.

kimboy2
04/10/2012
19:40
Anyone else got a view on tomorrows vote or are we all about to get shafted
lupins2
03/10/2012
15:19
First closing date Friday 1.00 pm.

I would imagine acceptances to be virtually nil when it is announced but what will happen to the sp?

tiswas
01/10/2012
10:03
Looking at Mefro's website it has a tree diagram of group companies including its holding in Titan.. i think it is regarded by Mefro more than an investment and therefore would expect to see them act when the bid fails. (Or is it wishful thinking on my part.)
stevenlondon3
01/10/2012
07:28
The worrying thing is that if the bid fails we are in a stalemate position and how will value be outed?

Would the BOD have the balls to rec a dividend at the appropriate time, I guess only if Int needs the cash and gives their ok.

The Int and Mefro stakes are as likely to be poison pills to any bidders rather than used as a springboard to a bid.

Difficult to see where we go from here IMO as the UK board have no credibility whatsoever.

tiswas
29/9/2012
08:15
I think Mefro decided, when they came into the market a few weeks ago and bought enough to bring them up to 26%, a blocking vote.
insails
28/9/2012
19:03
We can humph and ha but it will still be Mefro that decides the outcome.
stevenlondon3
27/9/2012
20:37
and1, that's my opinion. They overpaid for GT's biz.
alphahunter
27/9/2012
17:29
this share is very volatile so it could go to as low as 80 or flip upto 140. seeing all this going on I just don't understand why TWI and TSW directors aren't focussed on their business instead of wasting time with this frivolous bid.
I wont be selling and its going to be a roller coaster ride but a company that is selling well below net asset value and with good prospects cant be a bad bet.

and1
27/9/2012
06:29
Alpha, which of our esteemed BOD are savvy enough to make a decision like that without the ok from the states? They have proved to be puppets IMO.
tiswas
26/9/2012
17:01
Sell the tchuchuk business in India and cut the debt.
alphahunter
26/9/2012
16:18
As I have stated before this is a terrible offer from Titan International and the more people who do not accept the better. There may be more share price volatility if the bid fails but that should die away and we should see a return to the company valued on the fundamentals of the business, which certainly aren't as bad as the board of self intersted cowards are making out.

If the bid fails I still believe that changes at board level will be needed and Arden should certainly be dropped as a broker. I know most broker advice is nonsense and nobody takes these people seriously but Arden's suggestion that the bid was good value has made them a laughing stock in my opinion.

Turbulent times ahead but if the bid fails and we have some board changes that put in place directors with a bit of spine then we should be back on the path to full recovery.

My milestones:
Bid fails
Production and profitability increases
Steady reduction of debt
Reinstatement of the dividend.

2andyman
26/9/2012
15:53
Insails, all the details are on their website includind the level of acceptance.
The one thing I can't get my mind around is the purpose/nature of NewCo in the debt agreement.

I've learned the hard way how important good governance is / independant boards are. I'm not a footie but I hope that Bolton's fans are also learning.

Lastly, it seems that Killik, Ora and Axa are selling and Oddo and Calson LLP are buying. As dealing in TIW is included in the 8.3 provision, it does not seem that the buyers are engaged in arbitrage activities. Barclays is probably the conduit for short sellers. I'll be damned if TWI were lending their stake, but I'm no longer surprised of anything now.

alphahunter
26/9/2012
14:02
Change of mind, Not voting yes.

As I see it TI valued us at 128.1p in the 10th Aug offer
but now propose to in effect pay 95p.

My letter from Hargreaves Lansdown seems to suggest they need 75%
and Mefro hold 26%

insails
25/9/2012
22:45
TWI down another 5% today.

Quite an interesting analysis of TWI inventory;



It might be a good way of analysing a cyclical stock in a normal cycle. I don't think we are in a normal cycle though.

There was also some disruption to production due to the heatwave and capacity expansion. I have no idea how these factors would impact the analysis.

The profit downgrade from Caterpillar seems to have had an effect on TWI;



A few days ago, Zacks Investment Research downgraded shares of Titan International to a strong sell rating, and the stock has been trending lower. In the last major sell-off of this stock, the shares dropped to $12.97 on October 4, 2011. With industry conditions looking weaker, and the stock in a downtrend, it could make sense for
investors to avoid the shares, for now. The stock might find support around $13 once again, and if it does, it could be the time to start buying.

In June Zacks had a strong buy rating on TWI so make of that what you will.


As I understand it CAT were downgrading their 2015 forecast from $15-20 to $12-18/share. the 2012 estimate is $9.61/share.

One thing they do say is that they expect China to be recovering by the end of the year.

kimboy2
24/9/2012
23:46
That was the meaning of the question.
alphahunter
24/9/2012
23:46
That what the meaning of the question.
alphahunter
Chat Pages: 97  96  95  94  93  92  91  90  89  88  87  86  Older

Your Recent History

Delayed Upgrade Clock