Trifast Share Discussion Threads

[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.

[whites10] 28/8/2018 11:34

I continue to hold (too emotionally attached?) even though I think the sensible thing for me to do is sell and then buy back in if all is well - possibly at an even lower price. The drop over the last few weeks is enough to make me nervous and there are plenty of other opportunities out there. It's a quandary but hope I'm right in holding, although I certainly won't be buying any more for the time being.

[merrimac] 28/8/2018 10:08

Thanks for that, the trades did seem small.

[robow] 28/8/2018 09:52

private investors

[merrimac] 28/8/2018 09:29

pi? would you be kind enough to expand...am I missing something? ahhh piworld

[robow] 28/8/2018 09:03

looks like pi's getting cold feet. Have bought some more

[richtea2517] 28/8/2018 09:02

Tempted to top up. Company seems solid. This feels like a shake

[merrimac] 28/8/2018 08:39

Dat...not a very pretty picture today (of all days)....everything else is screaming upwards! Again, nothing of substance for me to change my view on the company so I will continue to hold....small cap troubles. Primarch1, you were certainly right about hitting the 200...at least I can watch my other shares, I just like this one as it is so solid. Wonder if THRG is selling out?