Share Name Share Symbol Market Type Share ISIN Share Description
Tricorn Group LSE:TCN London Ordinary Share GB0009716340 ORD 10P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  +0.00p +0.00% 12.75p 12.00p 13.50p 12.75p 12.75p 12.75p 0.00 07:59:04
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Industrial Engineering 18.0 -0.8 -1.6 - 4.31

Tricorn Share Discussion Threads

Showing 1951 to 1973 of 1975 messages
Chat Pages: 79  78  77  76  75  74  73  72  71  70  69  68  Older
DateSubjectAuthorDiscuss
20/3/2017
16:28
Back to 30p then.......haha
meijiman
20/3/2017
16:08
Caterpillar sales finally stop falling (more or less) thanks to booming sales in Asia. (Komatsu turned months ago thanks to a bigger presence there.) Http://seekingalpha.com/filing/3467219
aleman
23/2/2017
10:50
Year ends in march Hopefully we might get trading update
hamidahamida
14/12/2016
11:20
More director buying.
the vampire
13/12/2016
08:05
Director buying
hamidahamida
12/12/2016
13:12
Fair enough Aleman & Val.Just not too certain that Caterpillar are customers....if they are would expect some confirmation by TCN but can't find anything.DD
discodave4
12/12/2016
12:30
TCN bought Whitley and renamed it Franklin Tubular Products. The nature of TCN's business is almost like supplying nuts and bolts. They won't just supply directly to industrial equipment makers like Caterpillar, VW, Volvo, Deere, JCB and New Holland (all of which I have seen connected to Tricorn through media reports or annual report photos) but will also supply indirectly through suppliers of engines, hydraulic, braking and cooling systems to the above. I have no idea how significant each of the big names might be. With much going through an indirect supply chain, one probably can't know. I was just reporting monthly news from Caterpillar and Komatsu to give an idea of how the global regions might be doing. I am not aware of monthly updates from other manufacturers. TCN sales have seemed to roughly follow global markets in the past, as one might expect with a company that produces a wide variety of "bits".
aleman
12/12/2016
12:16
DD4 Have a look at clause 6g(4) in this link: htTp://franklintubular.com/FTP_Standard_Purchase%20Order_TandC_%20Dec15.pdf "Seller shall format such MSDSs and labels to identify the Item as a Caterpillar-branded product." It would be strange to have such a condition in the purchase terms if Caterpillar were not a customer. Of course the purchase terms could be out of date and it does not of itself prove that Caterpillar is a current customer but you get the idea.
valhamos
12/12/2016
11:43
".....like Caterpillar and Volkswagen"Sorry but doesn't state that Cat & VW are customers of TCN.Will keep trying to find out.DD
discodave4
12/12/2016
09:42
"The Whitley plant manufactures precision metal products such as tubing for use in equipment and vehicles made by companies like Caterpillar and Volkswagen"
aleman
12/12/2016
09:15
Thanks Aleman.Doesn't say caterpillar are a customer and that article is 3 1/2 years old.DD
discodave4
12/12/2016
09:10
Http://www.smokymountainnews.com/news/item/9930-11th-hour-deal-saves-100-franklin-manufacturing-jobs
aleman
11/12/2016
22:37
Thanks Aleman, any chance can post up a caterpillar link, searched but cannot find anything.DD
discodave4
09/12/2016
20:57
Yes and don't know. Tricorn produce so many bits and bobs of pipe assemblies for various brake, engine and other hydraulic assemblies that they probably do something for just about everybody. Hence, it is useful to follow sales of the bigger players as market indicators.
aleman
09/12/2016
19:18
Are Caterpillar & Komatsu customers of TCN?Not aware they are but wtfdik.DD
discodave4
09/12/2016
16:43
Komtrax data finally turns positive in the USA, taking all 4 regions positive for the first time in this recovery. Http://www.komatsu.com/CompanyInfo/ir/demand_orders/files/201611komtrax_e.pdf
aleman
07/12/2016
22:07
Yep it did, but it (eps) didn't go up 110x, just over 3x.Are caterpillar a customer?DD
discodave4
07/12/2016
16:26
EPS rose by 1.8p between 2010 and 2011 as its markets recoveed. Why do you think a 2.0p rise should be impossible between 2016 and 2017 if the company is now a bit bigger and its markets have started to recover?
aleman
07/12/2016
16:04
So you expect eps to increase 110x for next year in line with the single (house broker?) broker f/cast?. Good luck with that!.DD
discodave4
07/12/2016
14:29
I said next year. Your figures are for this year which have the weak H1 in them. Komatsu only started showing strong sales growth in the last few months and TCN interims end in September. TCN's markets look like they should have picked up a bit for H2 and we have new contracts which suggest better to come. I hope to see next year rather stronger if Caterpillar start to pick up as well - not that these are TCN's only customers; they are just companies that do monthly sales figures which help indicate market activity.
aleman
07/12/2016
14:10
AlemanFair points, but a lot has changed since the last recession. They do seem to be turning the corner.That said don't know how you get a PE of 5.7, this FY on forecast eps (0.2p) its 62x, but doubt they will achieve f/cast eps, H1 was 0.01, so annualised 0.02 that's a PE of 625....unless I'm missing something doesn't look value to me!.DD
discodave4
07/12/2016
11:38
Reinstatement of the dividend as well.
meijiman
07/12/2016
10:49
What is the Stockdale eps forecast for the year ahead? Tricorn would normally be confident of doing a bit better on the under promise/over deliver model.
meijiman
Chat Pages: 79  78  77  76  75  74  73  72  71  70  69  68  Older
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