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TSW Titan Eur.

112.375
0.00 (0.00%)
02 May 2024 - Closed
Delayed by 15 minutes
Titan Europe Investors - TSW

Titan Europe Investors - TSW

Share Name Share Symbol Market Stock Type
Titan Eur. TSW London Ordinary Share
  Price Change Price Change % Share Price Last Trade
0.00 0.00% 112.375 01:00:00
Open Price Low Price High Price Close Price Previous Close
112.375
more quote information »

Top Investor Posts

Top Posts
Posted at 13/10/2012 14:30 by kimboy2
Jolly good.

Obviously the TWI investor website which has some useful information.

Also perhaps;
Posted at 25/9/2012 23:45 by kimboy2
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.
Posted at 24/9/2012 22:46 by alphahunter
A couple of remarks:

1/ The US tyre market (sorry "tire" as the Yanks would write) has been protected over the last three years (if my memory etc,..) with import duties slapped on Chinese lower-end imports. These are coming to an end, which is most visible with Cooper Tires. That may explain the blip. I have also noticed that GT has been under pressure, but let's not forget that those guys have a huge pension drag.
I have also noticed that Michelin (all fellow countrymen rise) have just revised their 2015 PBT up and have shown some teeth about gaining back market shares on the speciality segment (i.e. farmers, construction, mining, airplanes). By the way, Mefro France (Rouen) is Michelin's former wheel biz.

2/ If you are short TWI, hey, no worry, you'll be able to cover your position with the flow back from UK retail investors and UK-only fund managers that can't/don;t want to hold US shares. So well done TWI, you kill two birds with one stone.

The BoD aka the Board of Donkeys has been well outsmarted !!!


Now I know, it's not a smart question, I haven't gone through the whole prospectus, but can TWI vote their shares? I've asked before to no avail.
Posted at 03/9/2012 10:59 by alphahunter
Look at Glencore / Xtrata.

The active institutional investors that will vote against the take-over announced publicly that they would seek to change the latter's BOD should the financial mecano fall through.
Posted at 13/8/2012 17:32 by and1
TWI shares are not reacting in joy to this steal because US investors dont expect the deal to go through. TSW shares are not going up here because investors here dont expect Mefro to bid.
ie both markets currently think the whole thing will fizzle out!
Ok outcome, TSW should eventually pick up quite strongly.
Posted at 17/7/2012 16:45 by eddie catflap
From Titan Europe website.

Investors – Shareholdings
The number of shares not in public hands amounts to 59.2%.
Interests in 3% or more in the ordinary share capital of the company as at 25 June 2012.

Fund Manager No. of Shares %


Mefro Wheels Gmbh 22,788,853 26.0
Titan Luxembourg SARL. 18,993,821 21.7
AXA Framlington Invest 8,584,440 9.8
Griffiths R Esq 6,602,139 7.5
Henderson Global Inve 3,862,667 4.4
60,831,920 69.4%

I'm not sure how the "59.2% not in public hands" equates to the "69.4% of major shareholdings" in the list but i presume Mefro will want decent price?

Anybody know what Titan Internationals current holding is? (if any)

PS Darcon, that's grim. I've been there myself.
Posted at 15/7/2012 14:45 by mr. t
A 7th July article of TSW's big brother, Titan International:



Nice Wheels, Lovely Ride
By CHRISTOPHER C. WILLIAMS | MORE ARTICLES BY AUTHOR
Titan International may be small, but its tires and wheels are mighty-and mighty popular with farmers, miners and construction firms. That's good news for investors.
Posted at 23/4/2012 09:37 by davidosh
There is a write up over on TMF that was posted last week...



I can also confirm that an institutional investor attended and it was interesting to compare notes with their view on the presentation. Incidentally there was a superb results presentation document entitled 'We Move the World' which I asked if the slides could be put on the website for those who could not make the meeting. I was particularly impressed by the FD who seems a very safe pair of hands and had a very good understanding of the business and the whole sector for comparisons that were requested.
Posted at 29/3/2012 14:37 by davidosh
Titan has been tipped in the Investors Chronicle out tomorrow ! Online today
Posted at 28/3/2012 15:45 by darcon
The story is changing from recovery to continued growth. Once the market believes in continued and future growth then this stock should rise. Judging by the market's muted reaction to this latest set of numbers I think we are short of new investors and we have some large investors who may have made their money on the recovery phase and are now looking to exit to pursue other recovery opportunities elsewhere, which is keeping the stock in a sideways pattern.

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