Titon Share Discussion Threads

[its the oxman] 18/2/2020 11:41

Think this will drift lower unfortunately, was looking to buy at some point but will now just wait for the next newsflow, which given the difficulties, I think could still be poor. Hopefully with time the ship can be turned with time , one for the brave for now.

[wad collector] 18/2/2020 11:13

As you say , the width of the problems is concerning, if not the depth.
Also the spread is so wide that it does not make it an attractive gamble to pick up some more. Last buy was 93.5 and sell 85 so that is 10%.
Shame , I was self-congratulating on my 3 bagger last yr.

[kenny] 18/2/2020 09:32

Is Titon going to be able to turn things around in the near future? The year to 30 September 2020 could be a loss or, at best, a very small profit. They may need to chop the dividend partially or wholly.

The real question is whether this is a permanent change or whether the company can bounce back.

I find it concerning that they are suffering across all of their geographies albeit they have a different story to explain the fall off in sales in most of their geographies.

Perhaps all will turn out well but I think it could take 2 years before the position is clearer and whether the “story” is as they present it, or represents something else.e.g. a fall off in demand for their particular products.

I think the current share price reflects hope value but it may be far too early to know whether that hope is well placed.

[wad collector] 18/2/2020 08:33

Oh dear , not pleased to have correctly worried last week. Nothing good in that statement except that it is "only" about reduced profits .

[fpladdict] 18/2/2020 08:15

Wow almost bought this yesterday. Looked quite a good company with a lot of cash on hand. Perhaps still is, going to read some more.

[pugugly] 18/2/2020 08:10

Spread still far to wide - MM's seem very unsure (imo) of where share price may go and protecting themselves.

[mw8156] 18/2/2020 07:55

if it opens at 70 then market cap is about 8-9m cash is 4.03m

[pugugly] 18/2/2020 07:46

Was not expecting this:

far worse than I suspect most investors and management had projected. Only relief is the cash holding but given that "we anticipate that underlying profit before tax for the year ending 30 September 2019 will be materially below management's expectations"
Cash burn some £500K (e&oe)since finals.
With Korea in trouble as well eps could be well down -
Thoughts as to whether dividend at risk but was very well covered last year.

[wad collector] 12/2/2020 17:15

Illiquidity is a plausible explanation for transient changes in share price , but less so when there is a sustained fall to a new 3 yr low. Hope I am wrong.

[bo90] 12/2/2020 14:23

as i said this share is tightly held with small free float. would be nice for the company mop up and do a buy back.with lloyd's yield higher than titon i am tempted to jump ship

[wad collector] 12/2/2020 13:36

Forex not helping but this is tumbling. No news I can see.

[bo90] 11/2/2020 17:53

no i think that just a few sellers are fed up and moving on. this is tightly held so any small trades reverberate. it is annoying to see 30p wiped off in a matter of weeks

[pugugly] 11/2/2020 14:42

Stop losses kicking in? Sells now at 104 = Could this go sub 100p? Should be a good business with Boris pushing house building or could it be a Corona impact in Korea?

[pugugly] 20/1/2020 08:24

Has there been a SELL tip in the weekend press - First 4 (and only trades so far today) all appear to be sells? or is it because ex div on 16th?

[pugugly] 20/12/2019 13:29

Seems to be forming a base but spread still far to wide (imo) 15p spread -

[wad collector] 12/12/2019 11:51

Results bit worse than expected I think.
If Brexit wins today then the expected Sterling further strength won't help Titon's predominantly foreign earnings.

[wad collector] 12/12/2019 08:29

Results bit worse than expected I think.
If Brexit wins today then the expected Sterling further strength won't help Titon's predominantly foreign earnings.

[pugugly] 12/12/2019 07:57

Not looking good - eps OK at 14.5p but down 20% on last year


"Our business model is robust but we continue to face political and economic uncertainties which have contributed to a challenging first two months of the fiscal year".

Iliquid so will ahve to wait until market opens.

[its the oxman] 12/12/2019 07:54

Bit of a cautious update. Not sure price will move much.

[bo90] 09/12/2019 18:41

the only reason i would hold on is a possible bid for the company

[sonofbanjosinger] 06/12/2019 16:33

Your right they do stay static for long periods ....but the dividend is covered 4 times and minus out the cash and they are sitting at a PE of less than 4 ...got to be good value?

[bo90] 06/12/2019 16:26

once they bounce up I'm getting rid. divi of 3.7 perc isn't the best and titon stays static for months, many other better buys out there

[sonofbanjosinger] 06/12/2019 16:07

Had a few of these today look good value.

[wad collector] 04/12/2019 16:54

Results out soon , time we had some news here to get some share price recovery. 12th Dec

[wad collector] 15/8/2019 15:16

I thought this share price had been holding up too well recently - on the slide today. Sterling weakness should help the Balance Sheet but this is not a healthy looking market (for holders!)