Trifast Share Discussion Threads

[discodave4] 14/11/2018 09:23

thanks merrimac.Breaking 200 would be a positive sign.

[merrimac] 14/11/2018 07:56

I have a 2.40 low value, a 2.70 mid, and a 3.00 value (where it should be). Strong company, becoming more efficient each year, have proven that they can weather a downturn and turnaround....boring and steady.....they have been through big dips before (e.g. last year) but this one has been extended due to sentiment around Brexit and trade wars (in my opinion).I expect them to recover to the 2.40 range in time and will only go above when the air clears over brexit and trade.Of course, all just opinion and I could just as easily be wrong.

[discodave4] 13/11/2018 21:06

Had a look at these about five years ago, but didn't buy.Just revisiting following H1 results. Quick calcs and 14.6p underlying eps with a 5 year average PE of 16 gives a forecast share price of 234, so 20% potential upside.Any holders who know more about TRI have any concerns? and was wondering when does project Atlas start to actually impact on their systems / processes? (worse case I guess it could adversely impact on efficiencies if any transition / implementation issues?).Thanksps boring is good!

[merrimac] 13/11/2018 07:21

Yawn yawn ...another good report. ROCE down a tad bit I assume this is due to future investment...ROCE is good anyway. Hopefully, I haven't misinterpreted.

[merrimac] 10/11/2018 15:49

Interesting to see the drop just prior to the update. Sells seem to be small but some of the buys seem to be large lots. I still remain convinced about the story and the last update was positive....70% (i think) of revenue is international....USA growing well....adaptive and streamlined.

[bladerunna62] 01/10/2018 14:45

Im feeling a take over bid is on

[robow] 01/10/2018 11:46

from the latest Money Observer, Richard Beddard for his Share Sleuth portfolio devotes a page to TRI. Portfolio primed with solid nuts and bolts. Tighter management at Trifast makes the company a buy.

[broadwood] 26/9/2018 09:50

Industrial fastenings supplier Trifast said it had posted 'solid' revenue growth in the first five months of the year, though margins remained under pressure due to investment spending. Domestic and international demand remained reassuring across both Asia and Europe, the company said. The US region, meanwhile, although relatively small for the company, was growing exceptionally well from a mix of increasing electronics and automotive sales. 'In the UK we have seen a solid performance across our major markets, with the only exception being UK automotive, where volumes are being temporarily hampered as we mentioned in July, by diesel-led transitory reductions and changes to product cycles and model builds,' Trifast said. 'As previously guided, the current solid revenue growth is not yet being reflected in our underlying operating margins as we continue to invest for the future.'

[merrimac] 26/9/2018 06:11

A good update....let us see if this share can return to more normal levels.

[merrimac] 17/9/2018 11:37

Maybe the selling has stopped again....rise again? Hmmmmm

[merrimac] 14/9/2018 11:34

Decent level of sells again, like someone/thing is slowly liquidating their holdings...carefully.

[merrimac] 13/9/2018 06:22

Not really a dividend stock but 222.75 looks better than 220!

[gleach23] 12/9/2018 15:09

Not much of a scramble for tomorrow's dividend then! Although @ 2.75p I suppose it's not that much to write home about :)

[merrimac] 08/9/2018 12:59

I remain happy .... but now makes up a huge portion of my folio....was supposed to be a slow creep back up to normality....not a rush while I can't be on-line. Will be selling a third when it hits my very conservative, fair, non-forward-looking value. The remaining will stay and I will be back in balance. So please, Mr Tri.L continue doing your thing.

[gleach23] 07/9/2018 16:54

Nice close today with a number of UTs @ 232p

[merrimac] 04/9/2018 16:08

Absolutely...but who knows what the next couple of weeks hold...has someone let it go up again just to sell down again...I will be on my trigger finger tomorrow.

[whites10] 04/9/2018 13:53

Even happier now Merrimac!

[merrimac] 04/9/2018 10:57

It is doing what I asked it to do....I happy, I happy, I hope?!

[merrimac] 03/9/2018 10:53

Let's hope so. I may be a simple soul and look at things simply, but I think these are a simple share with a sophisticated business. Not many shares can be easily looked at using standard metrics, these can be.

[robow] 03/9/2018 10:44

buyers seeing value now.

[merrimac] 03/9/2018 06:55

There seemed to be no sellers on Friday, only buyers which gave the share a degree of support at 2.07 - 2.10....can you push it up more please, I have far too many of these in my portfolio to hold for too long so I would like to sell my new purchases sooner rather than later.

[hatfullofsky] 01/9/2018 10:10

Back on my radar. Seems to be on a 3 month down trend since the results but some support around 200.Solid company, with steady organic growth and good long serving management.Will read the results again for red flags but at these levels, little down side (190) perhaps and significant upside. I will be buying on Monday.

[merrimac] 30/8/2018 12:17

I read the note in the Sharewatch (I don't normally follow opinions) as I find it distracts me from doing my own fundamental research. Anyways...so I..ditched my VOD shares which a danged laggards and took a punt on more TRI for a recovery....I based my decision on "public opinion from the boards" for my sell of VOD (shock-horror) and then the buy based on my conviction on TRI and the assumption that I can recover my modest loss of 11% on VOD with the recovery of TRI back to a more normal and fair value (even if not its top). So I hope it follows my plan and analysis.

[robow] 29/8/2018 09:27

TRI features in this month's Money Observer Sharewatch. I will try to add it later on

[merrimac] 28/8/2018 12:56

I went through their last report, I went through their history and their recovery, and feel that I will hold for the long-term. I can not see why their report will be poor. But, as I also hold BlackRock Throgmorton, when this stock recovers, I shall sell and put into Throgmorton as Trifast is held in that trust also - at my point of investing (and level of concentration), I really don't want to hold stocks that can plunge this much and this quickly.