Titon Share Discussion Threads

[andydaf] 23/4/2022 17:04

FWIW i think its best she has not been top dog before.I think it will be easier for her to fit in with the senior management who no doubt will be looking to mould someone to run the business as they have done.Inflation,brexit and south korea have taken their toll here but on the posititve side its a well run business.Interims should be dreadful and may well give some of us the chance to buy a pound for fifty pence.GLA

[pugugly] 22/4/2022 07:48

Interesting appointment - However going from being a relatively small fish in a very large pond to being the big fish in a very small pond.

Only concern is that with JM she will have had access to a large number of internal support staff - legal - sales and operational management etc - at TON she will have to do most of this herself although KR has deep City experience.

"Alexandra joins Titon from Johnson Matthey plc where she has spent more than 20 years working in a variety of commercial, operational, technical, quality, and sales and marketing roles. She has worked across various divisions in leadership positions both in the UK and also in Canada. Prior to joining Johnson Matthey plc, Alexandra graduated from the University of Cambridge with a degree in Natural Sciences. "

[wad collector] 01/4/2022 14:55

Hopefully today's share price recovery is a response to the new appointments not the founder's gradual retirement.

the appointments of Paul Hooper and Jeff Ward as independent Non-executive Directors of Titon with immediate effect. At the same time, John Anderson, the Company's founder and a Non-Executive Director, will step down from the Board but will remain as President in recognition of his outstanding contribution to Titon since its inception in 1972. Tyson Anderson will take on the position of Deputy Chairman.

[wad collector] 28/2/2022 13:17

Sp apparent 5p recovery today is nonsense ; no trades and a 10p theoretical spread.

[value hound] 23/2/2022 13:39

Yes, it would be good to get bought out at a reasonable premium. But to be fair, the directors have big stakes and have often surprised shareholders on the upside in the past. But TON never gets a good rating even then. I suppose it's always regarded as transitory, as yesterday's news possibly demonstrated. But hopefully, the supply chain issues and S Korea delays will also prove transitory. Anyway, I still think it's worth substantially more and topped up at 79p yesterday fwiw.

[baner] 23/2/2022 10:26

This should not stay public for much longer. Time for a buy out one way or another.

[wad collector] 22/2/2022 09:07

Ouch that TU hurts.
Hold and hope for me.

[small cap value investor] 22/2/2022 09:04

A sound company with lots of cash and a modern Freehold Property
The company will adjust to changing market conditions, as it has done previously Very happy to continue to hold or even add on further weakness

[pugugly] 22/2/2022 08:20

AR - Brave man - This minnow could well get squashed - or taken private (imo)

[argylerich] 22/2/2022 08:10

Could of got the kitchen sink into that update too....
Have started to put a toe back in though at this price.

[capercaillie] 18/2/2022 07:19

AGM next Weds

[wad collector] 17/2/2022 10:44

Tottering on the brink of returning to penny share territory again as it touchs a one year low. Could do with some good news here , but I guess there will be nothing from Titon until the Interims in May.

[wad collector] 21/1/2022 14:38

Xd 3p next week.

[capercaillie] 13/1/2022 16:36

Looks like somebody is building a stake here, buying on the drip?

[wad collector] 21/12/2021 15:24

Prelims ok but cautious about supply problems continuing. EPS of 9.4p current yr suggests to me that these may be underpriced.

[km18] 21/12/2021 12:13

Company Overview:
Titon Holdings is a leading global manufacturer and supplier of ventilation systems, windows, and door hardware with reputation for quality products and high levels of customer services. As a result, the firm has consolidated in the UK residential ventilation market, which in turn enabled the firm to enhance its revenue to £23.4m from £20.7m in 2020. Consequently, it implies that Titon returned to its normal trading operations, since profit rallied to £1,119m from (£39m) loss in 2020. Given the surge in profitability, the firm is expected to make dividend payments of 3p per share, higher than its previous dividend payment of 1.5p per share in 2020. Subsequently, the firm maintained a strong balance sheet with net cash of £4.79 million on 30 September 2021 whilst the Group's inventory and trade receivables increased as trading normalised. Despite the plausible financials prospects, Triton Holdings is still undervalued with respect to its peers, since the firm’s P/E ratio is 11.3x, lower than building products industry benchmark of 14.7x, hence investors can purchase the stock cheaply.



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[wad collector] 10/12/2021 07:55

To continue a theme , here is an article in this week's British Medical Journal
hxxps://www.bmj.com/content/375/bmj.n2895

Editorials
Why don’t we just open the windows?

It highlights
" It is time to accept the fact that most people acquire SARS-CoV-2 by breathing in contaminated air. "
and talks about the need for ventilation of buildings.

Can't be bad for Titon to highlight the issue...

[wad collector] 07/12/2021 10:42

I don't think anyone on the outside can really know what happens in the Boardroom ; the company is not likely to say that there was a problem , but produce a diplomatically acceptable statement.
"The CEO has gone because no-one could get on with him and he wanted to change too much" is unlikely to be the response!
Hopefully there was no large severance payment.

[bo90] 06/12/2021 21:03

no i never read this article but lately the quote has jumped up nicely. Maybe the next replacement CEO is of decent quality?

[cfro] 06/12/2021 11:07

Im not a shareholder here myself but i don't know if any of you take the weekend FT, as Lord Lee has written about the abrupt departure of the CEO in his article which you might find interesting.

In the piece he said that he had made an enquiry to the company and was told that the CEO was lured away with a package he couldnt refuse from Private Equity (and the company just could not match).

[wad collector] 24/11/2021 12:40

So share price is now 40% down on the summer peak , that is disappointing . A BOD sell at £1 won't encourage buyers either.

[baner] 15/11/2021 10:18

this is really bad for a public company - clearly some governance issues here.

[pugugly] 12/11/2021 13:27

Sounds like major management clash between KR who is family and the new man now exiting. Big question - did he go of his own accord or was he pushed or just a round peg in a square hole. If the latter senior management rotten eggs in faces over bad judgement in appointing.

Move to watch and wait list -

[its the oxman] 11/11/2021 23:51

Never keen on in line with our expectations rather than a market expectations comment. Usually bad news. Hope this is not the case this time.