Trifast Share Discussion Threads

[lozler] 14/10/2014 23:58

Guys, the market has been screwed for a month, that's why things are moving down... Things will turn around once the market returns to normal.

[steeplejack] 14/10/2014 15:59

The market is being very forward looking.GKN has fallen significantly in the last month or,so assisted by some changes in broker recommendations on the premise that Germany is slowing rapidly,with worries over China persisting and of course,impact of Russian sanctions.Nuts and bolts just aren't that fashionable just now.I think it's more to do with a downgrade of the sector than anything specific to Trifast,not that it feels any different!

[manrobert] 14/10/2014 10:37

surprising numbers of sellers in front of next results

[paleje] 18/9/2014 10:50

Improving margins exceeding currency impact, excellent as some overseas earners are reporting between 5-10% profit hits as a result of strong pound.

[manrobert] 18/9/2014 07:19

yes all looks very encouraging and new acquisition intergrating well,

[mg1982] 18/9/2014 07:04

Just read the trading update - Brilliant!

Well done management!

[mg1982] 18/9/2014 06:48

Im not feeling worried about this company at all. Management have already said in July that they have continued the strong momentum since prelims so would be very surprised if things have deteriorated that quickly.

Currently on a low PE of 14.2 which will reduce down to 13.1 in 2016. Plenty of upside. The share price has gone back to nearly what it was before the significant acquisition announcement.

Im expecting broker forecast upgrades as the year progresses.

All will be revealed shortly!

[lozler] 17/9/2014 19:59

I've actually bought in a couple of days ago at 105.75p, great company that's drifted down for no reason. The broker targets are 140-180p if I'm not mistaken. Good luck all with the trading statement / AGM.

[manrobert] 17/9/2014 12:39

we may be clearer tomorrow after rns.

[p49b] 17/9/2014 11:25

I have TRI on my watchlist and have been a previous holder. Been watching this one drift down for a few weeks and cant find any source for the drop other than the Italian economy is bad which may impact there recent purchase. Any views from current holders?

[manrobert] 17/9/2014 09:53

not much pptomism in front of tomorrows trading update?

[bigdazzler] 18/8/2014 13:00

Fully expect these to now retest recent highs of 130pence plus. Would expect this to be reached in the next couple of weeks in the anticipation of news being released around time of agm.

If I'm correct this will be a nice double digit percentage increase from now till then.

[meijiman] 18/8/2014 12:42

Also re change of corporate broker RNS this morning -ref to AGM date....company is 'looking forward' and talking of 'ongoing progress'-sounds like things are pretty much on track. Should be a positive AGM on Sept 18th is what I'm driving at.

[protean] 18/8/2014 12:23

ST buy tip just out. 140p target.

[bigdazzler] 13/8/2014 11:49

Share seems to have stopped retrace and hopefully to return back to recent highs.

[robinnicolson] 01/8/2014 12:04

Westhouse Securities reiterate their buy rating, with a 185p PT.

[robinnicolson] 31/7/2014 17:50

Slightly unusual time of day for a trading update...fortunately no bad news.

[boadicea] 29/7/2014 18:29

Nice bounce - after someone had squared their short book with captured stop-losses perhaps!

[pcourt] 28/7/2014 11:37

Unipart has gone pop in recent days - this might be scaring a few weaker holders into accepting lower prices to run for the exits. As suggested above, forex also a possible motive....p

[steeplejack] 28/7/2014 09:27

Sterling strength taking potential gloss off recent Italian acquisition is perhaps most obvious explanation.

[paleje] 28/7/2014 09:23

Are they worried about the ongoing strength of sterling perhaps, been building for a while and quite a lot of media coverage lately, lots of great performers but converting foreign earnings back to pounds wipes away the smiles, according to weekend press many of the ftse majors are preparing to report lower than forecast profits because the pound's about 12% stronger against a basket of currencies since start of year.

[steeplejack] 28/7/2014 09:16

Profit taking inspired,I'd suggest.I've sold the majority of my holding.The rating is clearly a tad high to inspire fresh buying albeit funds like Slater are happy to hang in by all accounts.

[iamkhan] 25/7/2014 17:36

Is anybody worried about this downward trend recently? There seem to have been 3 or 4 massive sells.

[m.t.glass] 21/7/2014 08:38

Sideways since results last month, within a channel whose floor is 4% below that results day closing level. (A day on which it touched 134p). Watching to see if it breaks upward past 131p (and 134p) or down through that floor. Intraday low of 124p three days after Results (5.3% down, on high volume) was same as two days before them. Any close below that level would put me off for now.

This morning's uncrossing at 129p is the level it peaked at intraday on Friday. Too quiet to draw any conclusions at present.