Titon Share Discussion Threads

[kiltrock] 09/1/2017 19:50

This has been smoke your pipe and relaxe share for me, now up 235 per cent. Still undervalued.

[wad collector] 09/1/2017 13:32

Mentioned in FT last week but there must be something else as up 9% today.

[wad collector] 09/1/2017 11:11

Some promising looking share price movement today , no news I can find.

[wad collector] 20/12/2016 10:40

Thanks for that link ; might help keep the share price up. Mind you, looks like someone was a bit inebriated when it was written!

[gunner_ni] 19/12/2016 16:34

New research note from Hardman which might attract some attention:
hxxp://hardmanandco.com/docs/default-source/company-docs/titon-holdings-plc-documents/titon-annual-results-19-dec-2016.pdf

[fozzie] 16/12/2016 17:32

Great move up the last few days, i just hope we can hold onto the gains this time around.

[wad collector] 16/12/2016 17:20

The share price has rained this week ; all time closing high?

No , a 6 yr high , but I see was 240p 20 yrs ago (not sure if there have been splits in meantime?)

[spob] 16/12/2016 10:07

waiting for rain i guess

[patviera] 16/12/2016 09:58

Where's rainmaker?

[hugepants] 14/12/2016 11:48

On a quick glance these are very impressive results. They've obviously had a stonking 2nd half of the year because at the interim stage the results were about the same as the interims for 2015. And the outlook statement suggests this is continuing so far for the first months of the new financial year.

Given the cash and freehold property on the balance sheet, and eps of 15.2, forward outlook etc. these look well undervalued.

[red army] 14/12/2016 11:43

Waiting for a small pullback before adding. Will await post US rate announcement tonight.

[someuwin] 14/12/2016 11:23

Do the maths.

Only 10.8 million shares in issue.

Very cheap!

[someuwin] 14/12/2016 10:54

Should be at least 150p imo.

Especially as they have £2.44m cash which equates to 22.5p per share.

[wad collector] 14/12/2016 10:18

Looking again , EPS of 15p on a share priced at 95p (or whatever) is a bargain, this surely will move up again , all it needs is a bit of publicity.

[kiltrock] 14/12/2016 10:15

Hi noted the mark up with no trade, holding this one since Adam was boy. I mean from 30 pence or so.

[someuwin] 14/12/2016 10:14

Very positive.

[wad collector] 14/12/2016 10:07

Finals look good , MMs have marked up 5% though no volume at all yet.


Titon Holdings PLC

Final results for the year to 30 September 2016

TITON DELIVERS A FOURTH CONSECUTIVE YEAR OF IMPROVED RESULTS

Financial Results


2016 2015 % Change
Net revenue GBP23.7m GBP22.3m +6
EBITDA GBP2.33m GBP2.13m +9
Operating
profit GBP1.77m GBP1.56m +13
Profit before
tax GBP2.14m GBP1.87m +14
EPS 15.2p 12.6p +21
DPS 3.50p 3.00p +17

Financial Highlights

-- Group net revenue rose 6.3% to a record GBP23.7 million (2015: GBP22.3 million) or an increase of 4.4% on a constant currency basis

-- Profit before tax of GBP2.14 million, up 14% year-on-year (2015: GBP1.87m)
-- Earnings per share increased by 21% to 15.2 pence (2015: 12.6 pence)
-- Proposed final dividend of 2.25 pence per share, up 29% (2015: 1.75 pence) making 3.50 pence for the full year, up 17% (2015: 3.00 pence)

-- Net cash of GBP2.44 million (2015: GBP2.87 million)
-- Return on capital employed (ROCE)* was 15.1% (2015: 18.2%)

[hugepants] 06/12/2016 20:12

results a week tomorrow (14th) according to the website

[sonofbanjosinger] 16/11/2016 10:10

Just reminded me 10th Dec ...just had a few

[hugepants] 15/11/2016 21:15

Results due shortly.

[wad collector] 06/9/2016 21:39

Look at the trades ; it shows one aftermarket uncrossing trade at £1. They are usually best ignored as they are a bit of a technical trade remnant.
Sadly the quoted spread remains so wide as to discourage trading of all but the desperate .
But the Asset Value does look strong , it does tick some positive investment boxes. Perhaps some larger engineering company will decide it should be added to their assets?

[hugepants] 06/9/2016 21:02

Price showing a spike up of 14% at £1. Is that a mistake?

Even At £1 its still valued below NTAV. And PER is only 6 if you strip out the 25p of cash.

[value hound] 16/8/2016 23:36

And that was at a quid.

[hugepants] 16/8/2016 22:30

value hound31 May'16 - 11:00 - 698 of 710 2 0
I love the value metrics of this share; P/E around 7, yield around 3.5%, PTBV 0.9 - and the best part is it's still growing with a technology that seems to be misunderstood.

Put on a normal P/E of, let's say 12, add on current assets less all liabilities and you arrive at 237p per share - and it would STILL be valued far more reasonably than most other co.s I look at; crazily good value IMHO.

Yup. A definite bargain at current price of 86p.

[rhomboid] 08/8/2016 12:38

Sorry about that, I was in a hurry and what I was buying was moving up at a similar clip so it made no sense to let my broker try and work a sale in such a thinly traded stock.