Share Name Share Symbol Market Type Share ISIN Share Description
Titon Hldgs LSE:TON London Ordinary Share GB0008941402 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% 201.00p 196.00p 206.00p 201.00p 201.00p 201.00p 8,045 08:00:00
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Construction & Materials 28.0 2.5 16.6 12.1 21.94

Titon Hldgs Share Discussion Threads

Showing 951 to 974 of 975 messages
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DateSubjectAuthorDiscuss
29/5/2018
16:41
Just to mention that Titon will be presenting at our MelloSouth event in Hever,Kent on 14th June and all shareholders and potential investors are welcome to attend Http://melloevents.com TON have never presented at our Mello events before and we are very pleased to welcome them so this is an ideal opportunity to meet the management and hear about their strategy. Do come and join us at this quality event and there will be at least 25 other companies to meet plus some fabulous keynote speakers and a large number of fund managers presenting and on panel sessions. Http://melloevents.com
davidosh
15/5/2018
13:42
Interested in what they will do with the cash...prehaps a special divindend at some stage?
sonofbanjosinger
15/5/2018
13:16
"The pragmatist in me questions whether to take some profits on what has just passed a 3 bagger for me..." I've trimmed 25% of my holding today after a doubling of the share price since I bought. Still holding 75% but now at half the original cost. I thought the results were solid but unspectacular and that share price progress may slow a bit now.
impvesta
15/5/2018
12:22
Well if you probably wait until the magazine comes out on Friday with online readers Thursday evening which may have missed the daily email undate
sonofbanjosinger
15/5/2018
11:41
Thanks for those ; presumably the delayed response to the results. Tickling an ATH today already. The pragmatist in me questions whether to take some profits on what has just passed a 3 bagger for me, but I keep bailing out too early so will try to keep to my new policy of sitting on hands for longer. Looking at today's trades , there remains an imbalance between Buys and Sells , I think we will see more short term gains .
wad collector
14/5/2018
15:48
IC update today
sonofbanjosinger
14/5/2018
15:47
Titon offers eastern promiseColchester-based Titon (TON:204p), a small-cap designer and maker of domestic ventilation systems, and door and window hardware, has issued the cracking set of first-half results I had anticipated when I included the shares, at 160p, in my 2018 Bargain Shares Portfolio.Buoyed by a strong performance from its South Korean operations, Titon's pre-tax profits rose by 13 per cent to £1.34m in the six months to the end of March 2018. Moreover, with the benefit of a lower tax charge, EPS were propelled 42 per cent higher to 8.64p. Shareholders are being rewarded with a 17 per cent hike in the dividend to 1.75p a share, highlighting the directors' confidence, and the fact that net cash on the balance sheet is worth 25p a share.Titon's 51 per cent-owned South Korean subsidiary, Titon Korea, manufactures natural window ventilation products and boasts a 75 per cent share of the national market. Revenues here surged by a quarter to £5.7m, accounting for 40 per cent of Titon's first-half turnover of £14.5m, and at a healthy margin, too. Demand for its products in South Korea has been driven by three main factors: the introduction of building regulations for ventilation which specify that new houses and apartments have to be adequately ventilated; preference for the use of natural ventilation products over mechanical ventilation by major South Korean social housing authorities; and the adoption of use of natural ventilation products by the private housebuilding sector in order to reduce construction costs.Titon also owns a 49 per stake in an associate company, Browntech Sales, which distributes ventilation products, and generates additional revenue through residential property development activities in Seoul. Combined, the South Korean operations reported a bumper pre-tax profit of £1m in the first half. The economic and geopolitical back drop in the region is also encouraging.Not only is the South Korean economy forecast by economists to deliver economic growth of 2.9 per cent this year and next, but chairman and 8.9 per cent shareholder Keith Ritchie rightly points out that "the geopolitical climate has taken an extraordinarily positive shift with the recent summit between South Korean president Moon Jae-in and North Korea's leader Kim Jong-un. This was unthinkable at the turn of the year and has been welcomed in Asia and around the Globe. It remains to be seen whether full denuclearisation in North Korea will follow, but this new openness, and a prospective meeting between Donald Trump and Kim Jong-un, is very good news."The UK business has proved no slouch, either. Operating as a leading supplier of background ventilators in a market where air tightness standards for buildings is supported by changes in UK building regulations, Titon offers low-energy mechanical ventilation systems, and a comprehensive design service to its customers. Divisional first-half pre-tax profits increased by a third on an underlying basis to almost £0.5m, albeit this was a reflection of margin rather than revenue growth.Admittedly, export sales in Europe and the US were subdued, but the strength of Titon's UK and Korean operations means that the company is trading in line with profit forecasts from analyst Tony Williams at Hardman & Co, who predicts pre-tax profits will rise by 13 per cent to £2.8m in the 12 months to the end of September 2018 to deliver EPS of 17.7p and support a 17 per cent hike in the annual dividend to 4.8p a share. On this basis, Titon's shares are priced on a forward PE ratio of 10 net of cash on the balance sheet and offer a 2.3 per cent prospective dividend yield. That's hardly expensive for a company set to post record results for the fifth year in succession, and with a decent chance of delivering over £3m of pre-tax profits next financial year, too.So, having seen the Titon's share price pullback from a 24-year high of 222p on modest profit-taking, I feel that a move above the September 1993 high-water mark of 240p
sonofbanjosinger
14/5/2018
15:26
Bit of activity this pm ; something in the Sunday papers?
wad collector
10/5/2018
11:41
Yes sorry read it wrong
sonofbanjosinger
10/5/2018
09:39
That would be v unusual , to go Xd on results day! An Interim Dividend in respect of the six months ended 31 March 2018 of 1.75 pence per share (2017: 1.50 pence) was approved by the Directors of Titon Holdings Plc on 9 May 2018. The Interim Dividend is payable on 21 June 2018 to shareholders on the Register at 18 May 2018. The ex-dividend date is 17 May 2018 You are a week early!
wad collector
10/5/2018
08:54
It was marked down this morning as it went ex-dividend.
sonofbanjosinger
10/5/2018
08:36
Market doesn't seem impressed so far , though I suspect that news about small companies moves slowly and there will be a rise later. Presumably a bit of discounting too; high expectations the norm here recently.
wad collector
10/5/2018
08:35
We have a bit of a wider audience now being in the IC value portfolio, so we can expect a small write up this week or next.
sonofbanjosinger
10/5/2018
08:01
This is worth 275pps - ish in my estimation. That said, it's been undervalued since I first bought in over nine years ago, and my fair price target moves with the times, like a carrot on a stick.
value hound
10/5/2018
07:54
Very solid, should support recent gains in share price Nice divi increase. Reasonably upbeat speak as well.
fozzie
10/5/2018
07:50
Solid set of figures.
sonofbanjosinger
08/5/2018
15:43
Yes looking good.
sonofbanjosinger
08/5/2018
12:44
A few buys pushing the price up ahead of results seems a good sign.
wad collector
05/5/2018
23:32
Titon half year figures on Thursday....should make good reading...hopefully for the next leg up.
sonofbanjosinger
27/4/2018
14:36
A good increase in profits should come from the uk side, even if the sales are flat due to the impairment, last year of £360k.
sonofbanjosinger
27/4/2018
14:00
I wonder how much is a "peace" dividend in Korea ; six months has created a more stable looking situation.In Sep the prelims pointed out that between Titon Korea and Brownlee , half of the profits came from Korea and that fraction is likely to be higher still in the interims. I await them with interest. May10th.
wad collector
27/4/2018
12:12
Moving up nicely ....should get back to recent highs before half year figures are due.
sonofbanjosinger
19/4/2018
15:18
Agreed, should be a large improvement in the Uk figures plus the Korean side will be very healthy...
sonofbanjosinger
19/4/2018
12:59
Thin but healthy. Interims may set the share price buzzing again. Korean politics look more stable than expected ; meeting of 2 of the world's great leaders?!
wad collector
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