Ti Fluid Systems Share Discussion Threads

[archy147] 03/5/2023 13:29

Well said bensdad, much undervalued share. 200p looks about right based on historic values

[bensdad2] 03/5/2023 10:39

No-one interested in this share. Very positive trading update, with figures up in each sector and in each geographical area. Market cap is about £650m. Last year's TO was about £3bn. It was loss-making last year. But it looks as if that will change this year. Too cheap. I have bought in today, hoping for a slow gentle re-rate up to about 200p by the end of the year.

[mj19] 17/3/2023 15:24

They warned again on 16th March q1 will be impacted by China. When it broke £1 I sold

[archy147] 07/2/2023 09:02

It's not going to be boring any more. I joined the TIFS recovery party yesterday, onwards and upwards from here!

Covid low was 140p. No way should this be trading below that. Target 200p

[tday] 21/12/2022 13:44

Quite bored. Quiet board.

[km18] 17/5/2022 16:36

TI Fluid Systems plc posted a Q1 trading update this morning. Group revenue for Q1 was €755.0 million, a decrease of 4.1% versus Q1 2021. Global light vehicle production (GLVP) volumes decreased 4.5%, reflecting the continued disruptions to the supply chain, further exacerbated by the Ukraine conflict and Covid-19 related shutdowns in China. Management continue to see uncertainty and volatility in the markets due to continued microchip shortages, the ongoing conflict in Ukraine and Covid-19 related customer shutdowns in China. They are making progress with cost recovery from customers but still expect H1 2022 margins to be modestly lower than H2 2021 due to disruptions in production, ongoing inflationary pressures and time lag on recoveries. Management now expect to achieve revenue outperformance and historical cash flow conversion with full year margins slightly below 2021 levels. Net profit and EPS will not return to pre-Covid levels until FY23. Valuation is average and share price lacks momentum. A share to monitor for now....

...from WealthOracleAM

https://wealthoracle.co.uk/detailed-result-full/TIFS/447

[sibeks] 14/5/2022 13:21

Trading Announcement

17-May-2022 TI Fluid Systems TIFS

[frankiethecabbie] 14/5/2022 10:25

Goes ex divi on the 25th May

[lindowcross] 14/5/2022 08:11

hmmm, quiet board this, stock is up 10% on Friday for no apparent reason. I hope this recovery continues.

[tole] 07/4/2022 18:33

https://www.fool.co.uk/2022/04/07/this-ftse-250-stock-just-dropped-10-should-i-buy/This FTSE 250 stock just dropped 10%. Should I buy?This FTSE 250 stock slumped by 10% on Thursday morning after Jefferies downgraded the shares to "hold" from "buy". But is now a good time for a contrarian buy?Dr. James FoxPublished 7 April, 1:32 pm BSTTIFSElectric cars charging in stationImage source: Getty ImagesFTSE 250 stock TI Fluid Systems (LSE:TIFS) fell by 10% in early morning trading. The UK-based manufacturer of highly engineered fluid storage, carrying and delivery systems has seen its share price collapse over the past year from highs of 330p a share. As I write, the stock is trading at 163p a share after the morning's 10% slump.What's behind today's drop?On Thursday, TI Fluid shares slid as brokerage Jefferies downgraded the stock to "hold" from "buy". The US investment bank also slashed its price target to 195p from 350p, representing a substantial change in its assessment of the UK firm.Jefferies contended that the conditions being faced by the automotive parts maker were among the most difficult in its coverage. The bank added that it expects 2022 will be be "another highly challenging year".Jefferies also stated that TI Fluid will struggle to recover rising raw material and inflationary costs from customers versus previous expectations. It is not convinced about expectations that TI Fluid Systems will be able to benefit as much a some believe from the growth in vehicle electrification either. Jefferies said that the expectations on electrification upside "may be too high".On a positive note, it said that the long-term equity story remains attractive.Risks for TI Fluid SystemsTI Fluid Systems designs, manufactures, and sells fluid storage, carrying, delivery, and thermal management systems for predominantly light vehicles, such as cars. All vehicles need these products to work. As such, you'd imagine that demand for the products it designs and sells is fairly inelastic.However, it's not been an easy year for the vehicle sector. The current semiconductor shortage has caused havoc for car manufacturers. Just try getting hold of a new car in the UK right now, it's really not easy.Electric vehicles also require more of the products that the firm designs. As such, the company, in theory, should benefit from the increased production of electric vehicles in the coming years (despite the Jefferies view). But in the short term, EV production has also been hampered by the semiconductor shortage.It is also apparent that inflation and raw material costs appear to be weighing on the company's share price.Prospects for TI Fluid SystemsAs noted by Jefferies, the long-term prospects for this firm look good. In the long run, the trend toward electrification of motor vehicles should stimulate further demand, albeit perhaps not as much as previously anticipated, according to Jefferies.However, revenue is yet to reach pre-pandemic levels and the same goes for profit. The manufacturer posted a pre-tax profit €65.9m for 2021 compared with €50.8 million for the year earlier.The company noted the difficulties of the operating environment but said the number highlighted the business's resilience.The dividend yield certainly isn't particularly attractive, but I'm quite interested by the long-term prospects of this company. It's a stock I'm looking at buying for my Stocks and Shares ISA.

[lindowcross] 07/4/2022 16:01

I have bought in this stock today. It seems good value at current price.

[tole] 26/1/2022 21:04

https://www.fool.co.uk/2022/01/26/1-cheap-uk-share-that-could-benefit-from-the-ev-wave/

[tole] 25/1/2022 19:08

https://www.fool.co.uk/2022/01/25/why-i-think-this-cheap-ftse-250-stock-looks-set-to-accelerate-higher/Why I think this cheap FTSE 250 stock looks set to accelerate higherKevin Godbold | Tuesday, 25th January, 2022 | More on: TIFSBusiness development to success and FTSE 100 250 350 growth concept. Image source: Getty ImagesWorldwide, the FTSE 250's TI Fluid Systems (LSE: TIFS) is one of the leading players in the automotive industry. And the company has been developing a strategy to ramp up its participation in the accelerating electric vehicle (EV) market.And for me, one of the key components of the case for investing in the stock now is last autumn's appointment of a new chief executive. Hans Dieltjens parked his cardboard box of possessions on his new desk in October 2021.New blood, new growth?I'm a big fan of new blood pumping into the management team of an established business. New leaders often bring with them energy and a determination to make their mark and succeed. And in this case, it seems clear Dieltjens' main task is to drive the business forward into its new phase of growth.The enterprise has been around in various forms for about 100 years. But it has grown - a lot. And now the company concentrates on manufacturing automotive fluid storage, carrying, and delivery systems for light vehicles. For example, things such as brake and fuel lines. And products for thermal applications, fuel tanks and other applications.Since joining the stock market in 2017, the business has performed erratically with weakness in the profit figures and a volatile share price. However, I'm encouraged by the positive tone in today's post-close trading update. It covers trading in 2021, but we'll get even more detail with the full-year results report due on 15 march 2022.The company said the financial performance of the business has been "robust". And that's despite market headwinds such as microchip shortages, supply chain disruptions, and volatile customer demand. The directors expect to report constant currency revenue for the year of around €2.95bn. And revenue growth will likely have exceeded global light vehicle production growth by about 3% - suggesting TIFS has been winning market share.Despite cyclicality, I'd buy the stock for growthMeanwhile, cash flow generation has been "strong" and in line with the directors' previous expectations. And City analysts are upbeat about the company's immediate prospects. They've pencilled in an uplift in earnings per share for 2022 of almost 70%. But I admit such an increase will only take earnings close to where they were in 2019. Indeed, the arrival of the pandemic proved the high element of cyclicality in the business model because revenue and earnings plummeted during 2020. And cyclicality is a risk worth me keeping an eye on going forward.However, with the share price near 244p, the forward-looking earnings multiple is just over 11 when set against analysts' expectations for 2022. And I see that valuation as undemanding. Meanwhile, the share price is close to its level from 2017 when the stock first arrived on the stock market.The stock performance has been underwhelming and there are no guarantees that it won't continue to be so. However, I'm encouraged by the appointment of the new chief executive and other high-level executives. And by the company's prior statements about the firm's determination to accelerate its EV strategy. I'd buy the stock now for growth.

[tole] 01/12/2021 19:05

https://www.fool.co.uk/2021/11/30/a-cheap-uk-share-id-buy-after-the-stock-market-crash/

[mj19] 16/11/2021 21:05

Any ideas why? Or they just need the funds?

[exon] 11/11/2021 09:10

Bain Capital sell 40 million

[mj19] 11/11/2021 08:16

What happened

[mj19] 09/11/2021 08:19

Last year, I snapped up shares in TI Fluid Systems (LSE: TIFS). This business makes lots of components that sit inside electric vehicles (EVs), and so it's well-placed to benefit from exploding demand for green autos. At current prices I'm tempted to increase my holdings too. In fact, I think TI Fluid Systems could be one of the best dirt-cheap stocks out there.The parts producer has slumped in value recently due to the supply chain crisis that's hampering global car production. But as someone who buys shares with a long-term view, I think this weakness represents an attractive dip-buying opportunity.TI Fluid Systems trades on a price-to-earnings growth (PEG) ratio of just 0.2 for 2022. A reading below 1 suggests a stock could be undervalued, according to traditional investing theory.TI Fluid Systems is a major parts supplier to the world's biggest motor manufacturers. Its content is likely to be found in almost 100 key battery-powered vehicles coming to market between 2020 and 2028. And it continues to stack up major contracts with carbuilders to solidify its key role in the EV revolution. This is a UK stock I think is set to thrive in the next decade.

[mj19] 09/11/2021 08:18

Peel Hunt LLP set a target price of 400 GBX for the company, which when compared to the TI Fluid Systems PLC share price of 283 GBX at opening today (08/11/2021) indicates a potential upside of 29.3%. Trading has ranged between 212 (52 week low) and 331 (52 week high) with an average of 529,918 shares exchanging hands daily. The market capitalisation at the time of writing is £1,432,902,900.

[buoycat] 28/9/2021 23:26

A drop for no reason as always attractive in my view. There probably is no reason except current market sentiment and the fundamentals will eventually reassert and the share price will rise. Simples!

[frankiethecabbie] 23/9/2021 14:49

I have traded these over the past 12 months and have done well but have been caught with my pants down with this drop. I am well underwater so will sit it out and wait for it to comeback which I am sure it will in the next few weeks.

[salpara111] 23/9/2021 11:39

Huge sell off today....can't see any reason. I've had these on my watch list for a while and am tempted but always uneasy when I see a big drop for no apparent reason.

[alan@bj] 08/7/2021 10:02

Today's drop due to chip shortage stifling vehicle manufacturing supply chain?