Titon Share Discussion Threads

[pugugly] 10/12/2015 10:23

Profit taking - now happening - Possibly growth not up to market expectations or holders worried about some areas of weakness ?

[rainmaker] 10/12/2015 10:12

Agreed. Offer some decent volume and the bid rises from 88p to nearly 92p.

regards

[wad collector] 10/12/2015 09:05

As you point out , impressive figures with a bit of caution about the Korean growth. Not exactly pushing out the boat on the dividend front - only giving away a quarter of the earnings for the year , but it will put up the capital growth instead. The market is clearly impressed ; up 14% this am. Will the spread narrow?

[patviera] 10/12/2015 07:29

Good figsV cheap

[muffinhead] 09/11/2015 00:32

South Korea’s state-run Korean Land Corporation




It’s time to build foundations for a smarter UK housing market
(mentions S. Korean model to get UK house construction numbers up)

[muffinhead] 02/9/2015 18:50

Personally I think no buyback is better. Business performance is chugging along nicely and getting long term new investors on board improves share liquidity.

Increasing the final dividend to 2p or possibly more will reward all of us

Revenue and profits are at levels which in the past supported 7p a year annual dividend

Looking for earnings per share minimum 10p in December results (year end 30th September)



UK construction recovery continues

[yasx] 17/8/2015 22:43

All,

I have been invested for a while - a few weeks ago I had a long chat with the Chief Exec and suggested that, mindful of consolidation in the sector, one way to enhance metrics to dissuade bidders and improve TNAV might be to induce a campaign to buyback shares since they have the authority so to do - they ought not to let this one go cheap.

The Board are well aware of corporate activity in this space, and have skin in the game with lare holdings so interests are aligned. They have, I understand, considered and continue to consider actions such as buying back the shares to deliver returns to holders of equity.

I suspect there will be continued diversification to overseas markets which deliver better returns, but, on current numbers this looks rather cheap, recent upward movement notwithstanding.

[eezymunny] 17/8/2015 17:00

Yes, well, Rainmaker's post 604 is pretty daft and bordering on misleading IMO. He's comparing TON valuation with other suppliers of mechanical ventilation products.

From TON AR

Revenue

Trickle ventilation and window and door hardware products £15,763
Mechanical ventilation products £3,493

i.e. most of TON's revenue was for pretty basic window and door accessories and the mech ventilation bit very small.

It maybe that the mech ventilation products will take off but for now RM's comparisons in post 604 are entirely invalid IMO.

[patviera] 17/8/2015 16:43

OrinocorRainmaker track record speaks for itselfYou are an odd bodI value rm a lot in fact hes one of the best

[orinocor] 17/8/2015 14:22

Rainmaker is ramping this on at least 2 threads so watch out. Take a look at some of his posts on mallet for instance. He posted things repeatedly that defied belief. Stuff like claiming Mallet's masterpiece subsidiary should be valued on a PER of a 100. He's still not apologised even after Mallet was sold for a fraction of the value he claimed it was worth. Even a schoolboy with no knowledge of investing would not have valued a once a year antiques fair on a PER of 1 a 100. Just watch out is all I'm saying.

[rainmaker] 17/8/2015 13:33

No probs,WD, quite frankly imo the current undervaluation is so ridiculous and outrageous as to be surreal. Anway some 13 trades today so interest is gradually building which bodes well for the share price outlook :-)

regards

[wad collector] 17/8/2015 13:19

It is raining thanks.

[rainmaker] 17/8/2015 12:42

Given the numbers SHAL, its not too late to add more.

regards

[sirhedgealot] 17/8/2015 12:35

And so the usual refrain is uttered. I wish i had bought more.

[rainmaker] 17/8/2015 11:36

Someuwin, the market shouldn't be giving 100p a second thought since Titon already makes a return in excess of its cost of capital on tangible net assets of 101p.

regards

[someuwin] 17/8/2015 10:53

£1+ soon at this rate.

[someuwin] 17/8/2015 09:05

5% so far.

[someuwin] 17/8/2015 08:39

Moving up again

[rainmaker] 14/8/2015 23:24

EU legislation to reduce carbon emissions will lead to greater energy efficiency measures such as Titon's MVHR which ventilates a modern air tight building, removing air but transferring the heat, via a heat exchanger, into the incoming air, with a reduction in energy costs as much as 59%.

regards

[rainmaker] 14/8/2015 22:54

IMHO definitely WC,with 120p as a short term target shouldn't be a problem and possibly as high as 150p, before the year end, as only 14 times current historic but that doesn't allow for further profits increase in the second half with the final results in December. As I stated in my last post, for a considerable period of time Titon's operating performance has continuously vastly outstripped a very low rating and the share price is now playing catch up. Furthermore this Company has strong green credentials and could really catch on with Investors both institutional and private alike, going from one ratings extreme to the other. IMHO you just need to give it time and you could be amazed at the returns you make.

AIMHO, DYOR

regards

[wad collector] 14/8/2015 16:32

Nice end to the week ; poised for further share price growth?

[rainmaker] 14/8/2015 13:57

88p/90p and just waiting for us to go 90p bid. I believe we have a situation where for many, many months the share price has lagged the actual performance of the business then suddenly we begin to play catch up at a furious pace over a few days

DYOR, AIMHO

regards

[rainmaker] 14/8/2015 13:47

There's no question in my mind that the UK has to start earning good returns on its capital and assets otherwise the manufacturing should go overseas which will instantaneously transform the profitability of the business through huge cost savings.

regards

[mickharkins1] 14/8/2015 13:43

Seemed to have timed my top-up pretty well and the chart break-out has sure enough happened...if only all my trades were as successful!

[rainmaker] 14/8/2015 12:37

If you work out tangible net asset value from the interim results in May you get 101p and since Titon make a return in excess of their cost of capital, without any hesitation we should be trading at a premium to that level but of course, there's a considerable weight of recent evidence that they're worth considerably more :-).

DYOR

regards