Titon Share Discussion Threads

[overmars] 02/6/2015 20:18

Don't listen to pat, she has been forecasting a crash for 5 years

[sonofbanjosinger] 02/6/2015 19:14

Pat, how can anybody know when the markets are going to crash? I suppose thats why you have been buying Spsy in large amounts, which if you think this is illiquid, then trying unloading that position.

[overmars] 02/6/2015 16:58

Pat, did you go short at Dow 6,000 or 8,000. Please remind me

[wad collector] 02/6/2015 15:27

I am not sure how cyclical the Korean market is ; I suspect this is on an illiquid drift upwards for some time , though the spread is going to hamper much trading ; one for the investors not traders clearly. Happy to hold ; pleased our patience is being further rewarded.

[patviera] 02/6/2015 12:57

Don't forget john that this is a cyclical business and mkts are going to crash cine second half of this year..I will sell at 100p hopefully and will rebuy at under 50p

[sirhedgealot] 02/6/2015 11:52

Someone's forcing the bid with 5k buys.

[eezymunny] 02/6/2015 11:47

Hmm don't forget sailing john that not all of that H1 pbt is attributable to TON equity holders. 194k of pat goes to non-controlling interests (so effectively and presumably a bigger lump of pbt).

pat for TON holders in H1 was £482k

[sailing john] 02/6/2015 11:36

Pat - why so strong?

MC just £9m
Shareholder equity £10m having taken out £0.6m intangibles
1H pbt £0.8m (edit less circa £0.2m nci)

Unloved company in the boring (but recovering) housing sector

I won't be selling at 100 if they match 1H in 2H and provide further positive updates for RoW business

SJ

[patviera] 02/6/2015 11:20

Why are ton string today vs mkt?I'm looking to sell at 100p as I think markets have a long way to fall

[fozzie] 02/6/2015 11:18

Having to sit firmly on my hands here RM! I would normally be doubling up here looking for a 20+% rise in short order.

[21trader] 02/6/2015 11:16

red army

Dcd results out you know

[red army] 02/6/2015 11:15

Done my bit this morning by adding small chunks to help move towards my 120p target

[rainmaker] 02/6/2015 10:59

Here we go, just a couple of thousand shares bought and the bid has moved up 3p, some 4%. This share is so thinly traded that we can be at 100p/120p in no time at all.

regards

[rainmaker] 01/6/2015 20:43

SOBJS-you beat me to it....but it had a dramatic effect on the share price even though it was only circa £25ks worth.

regards

[red army] 01/6/2015 20:31

Not a particularly significant amount - hence my comments.

[sonofbanjosinger] 01/6/2015 19:36

They did a 50k buy back last year

[red army] 01/6/2015 19:14

The board are too conservative for that.

[rainmaker] 01/6/2015 18:51

Guys is anyone going to be writing to the Company suggesting a(badly needed) share buyback?Ok, we shouldn't need to but I feel we have to.


tia

[red army] 30/5/2015 15:49

120p my target as well.
Hoping for a pullback to 75p to buy another chunk.

[rainmaker] 30/5/2015 15:15

You're welcome, SHAL. I can't believe that like previous years,Titon will become moribund and do absolutely nothing for the next six months until the next set of results. If I were coming to this share for the first time, I would have no hesitation in buying plenty at current levels as we're still trading at net working capital but the share price should, with the Company making and expected to continue to make a return over and above its cost of capital, be at a premium to tangible net asset value of 100p.I have no doubt the Company's strong performance will continue(the normally very reserved, non committal and conservative CEO said recently that he is optimistic that profits at South Korean, the Company biggest profit generator, will increase this year)and even though I'm sitting on substantial profits here, as always,I refuse to average up even though I believe we'll reach at least 120p before the year end. Even a modest buyback by the Company would not only make absolute economic sense but send a clear and unequivocal message to the Market and have a dramatic effort on the share price. Last July, the Company bought back 50,000 shares for cancellation.

DYOR, AIMHO

regards

[sirhedgealot] 30/5/2015 08:37

Agreed. We should take the conversation there. Thank you for responding in length. The two buys that went through yesterday, I was unable to match those bids in quantity of shares even though I bid before them. Hopefully some will become available.

[sirhedgealot] 28/5/2015 09:25

Incidentally, nothing available here at this time.

[sirhedgealot] 27/5/2015 14:36

RMKR. So you can pretty much Authenticate that's his actually day of birth as the has been some conjecture regarding the actual day. I know where he's buried , common knowledge but have never been to the area when visiting america. I think it was saddening that his last partnership was formed under unsatisfactory circumstances. It didn't perform.What great futures we could have had if we had attended his classes all those years ago.!!Truly a wonderful man.

[sirhedgealot] 27/5/2015 14:29

RMKR. That is a nice find. I'm glad we've all had so much fun out of this. Regards.