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Share Name | Share Symbol | Market | Stock Type |
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Tt Electronics Plc | TTG | London | Ordinary Share |
Open Price | Low Price | High Price | Close Price | Previous Close |
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103.50 | 103.50 | 106.50 | 106.50 | 103.50 |
Industry Sector |
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ELECTRONIC & ELECTRICAL EQUIPMENT |
Top Posts |
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Posted at 08/10/2024 10:23 by master rsi Factors that make a share price move:"4 factors that make the stock market move up and down 1 - The fundamental factor – supply and demand 2 - Politics 3 - Economic data 4 - Company performance When investors are feeling more positive about the future outlook, we see the market move up. When they are more pessimistic, we see it move down. Sentiment moves the stock market up and down once too often nowadays, but there is another factor the short cycle of the share's large movement UP will follow as a retracement, as some investors take profits after the rise." |
Posted at 25/9/2024 15:07 by master rsi Let's see if is also at TTG...UK economy to grow faster than first thought this year - OECD Proactive Investors - Economic growth in the UK is set to beat initial expectations this year, placing it joint second among the G7 developed countries, behind only the US. In its latest outlook, the Organisation for Economic Cooperation and Development (OECD) hiked expectations for UK economic growth in 2024 to 1.1% from 0.4% previously. This would place the UK on par with Canada and France and ahead of Japan, Italy and Germany, after previously being forecast in May to lag behind all G7 counterparts. Globally, the world economy was predicted to grow by 3.2% this year, against the OECD’s last projection of 3.1%, with the organisation noting “a corner” had been turned. “Declining consumer price inflation has supported household spending,” the OECD said |
Posted at 25/4/2021 06:55 by aringadingding Hi earwacks, yes i agree it doesn't matter what other people think. We are all just looking for earnings growth in the end. I don't follow that person on stockopedia, and don't use stockopedia in fact, but again there is always a load of noise out there. I guess that is part of where mispricing comes from.I also agree about the press in general and specifically for the virolens product. I reckon i have learnt something by this situation about how to handle the press. The ft in particular as per my rant a few posts ago i think were disgraceful. Three separate journalists just wrote lazy, judgemental articles. Technology business development (i mean physical technology products not software) is a very very tough world, i know from experience. But if something potentially ticks all the boxes it should 100% be given a chance... whether by the press, vc investors, tech incubators or whatever. Not only because that is where innovation and economic growth come from but also because when things win they win big, and it does happen every now and then. Actually here we have exposure to an interesting new product via an established company which is great. |
Posted at 24/4/2021 08:58 by earwacks At the end of the day Ari, it doesn't make any difference what people say. I was really surprised when PS on Stockopeia felt he got stung buying into the spike when Sky broke the story on Virolens in September. Really an experienced investor like him should know better. Buy on rumour sell on news. He spikes shares everyday with his stock reporting. Some of his analysis is excellent and pretty open about not understanding some sectors. They must also be aware that although they are not recommending shares obviously they have a big enough following to effect share price movement to some degree particularly with small companies when they write an enthusiastic report and similarly when they dismiss a company sometimes unjustly.I do occasionally feel I can't let posts go unanswered, when they clearly have the wrong end of the stick or simply too lazy to research themselves just spouting media tosh. Also I find it quite disrespectful to the companies and other genuine investors. I can't remember the inventors name of Iabra, but here is a guy already using AI in other products who had the nowse to come up with this idea, and within three months have the first prototype in partnership wih TTG tested in the field. Genuinely offering a solution in a serious crisis. What do the media do? savage them with their own ignorance stupidity. Dyson was asked by the government if he could help out with the manufacture of ventilators.He agreed to do this on a non profit basis in return that his workers should not have to pay uk tax. Media savage him. AZn no profit making vaccine. The EU want to sue for not fulfilling contract on a vaccine they have clearly stated they won't use. Probably they feel they could have profited from this by selling them on. What is a matter with all these loonies? |
Posted at 23/9/2020 13:58 by overeager I've followed TT for over 10 years and followed the many twists and turns. I'm no longer invested as I got tired of seeing significant reorganisation costs every year.All I would suggest potential investors consider is this: 2016 operating profit was £18.8m. After a string of 'earnings enhancing' acquisitions, 2019 operating profit was... £18.8m. Net debt increased from £55m to £69M. I'm afraid there is a big gap between reality and what investors are being told. As for the director buys, over the last several years they have been a VERY reliable sell signal.. (Glad I got that off my chest). |
Posted at 18/9/2020 06:22 by imastu pidgitaswell Well timed - today's RNS - but is this another example of being economical with the truth, keeping this under wraps and placing with certain shareholders only?They really are playing fast and loose with investors’ money - if there is anything wrong with the previous announcement and now this, the CEO is dead meat, with no pay-off. |
Posted at 04/3/2019 08:40 by jurgenklopp Results due on Wednesday |
Posted at 19/9/2018 06:59 by u813061 From this is moneyWho is it? With cars stealing investors’ imaginations this week, TT Electronics is one business which offers a more roundabout and less highly valued way into the sector. The specialist electrical engineer is based in Woking, Surrey, and has 21 manufacturing sites and seven sales offices across the world. Though it used to focus almost exclusively on the automotive sector, it has broadened out into electric vehicles, aerospace, robotics and automation. What’s the latest? TT has been pushing ahead with a strategy to take it further up the value chain, making internal improvements and a number of acquisitions. In half-year results last month, investors were impressed as TT’s profit margin exceeded forecasts to hit 7.5 per cent. This was way ahead of the 4.3 per cent in 2015 when boss Richard Tyson joined, and is a sign that the improvement strategy is paying off. Who backs it? Big-name fund manager Fidelity International is TT’s largest shareholder. Other top ten investors include fund firms Aberforth Partners and Schroders, and investment banks UBS and JO Hambro. Why you should invest Russ Mould, investment director at AJ Bell, says: ‘Acquisitions such as the UK’s Stadium Group and Aero Stanrew, as well as America’s Precision, are helping TT expand beyond its traditional markets of sensors and instrumentation into more profitable digital niches.’ The company also has very little debt to pay. And why you shouldn’t There are questions over how much higher the company will be able to climb. Mould adds: ‘There remains the risk that bigger more powerful rivals put the squeeze on TT to confound its margin expansion plans.’ |
Posted at 11/8/2016 15:36 by rathkum TT Electronics turnaround in full swingBy Harriet Mann | Thu, 11th August 2016 - 13:58 TT electronics sensor technology turnaround R&D growth revenue operating profit Returning to profitable growth, TT Electronics (TTG) is 18 months into its turnaround strategy and is already beating expectations. Its flagship transport division is back in the black and its larger Research and Development budget is facilitating growth. The boss also reckons it's well prepared to weather any possible storms ahead. Making components and sensors for transport, aerospace and defence, TT Electronics has been battling against some harsh markets. Still, revenue rose 5% to £277 million in the six months to 30 June, and tighter control on costs and a chunky contribution from new family member Aero Stanrew helped drive profits higher. Its loss-making transportation business is back in profit, which will come as a relief as its turnaround strategy wouldn't work without it. Group operating profit jumped 32% to £13.7 million, which drove pre-tax profit up a quarter to £11.4 million and earnings per share (EPS) up a fifth to 5.1p. graph 1 It's been a difficult couple of years for the group, but its strategy finally has "traction" after 18 months, chief executive Richard Tyson told Interactive Investor. The boss was parachuted into the company in 2014 after a large restructuring plan promising profitable growth failed to deliver. The group's main transportation business was focusing on sensor controls for cars as it was planning its move from Germany to Romania, but troubles in the move resulted in missed opportunities. Changing the dynamics, Tyson has refocused the team and expanded its reach. Returning the group to profitable growth despite fattening up its research and development budget to £22 million is commendable, and has already resulted in securing orders that should drive growth. It's an important part of the business, Tyson explains, and is increased where opportunities arise - its industrial sensors budget increased by £700,000, for example. But a 100-basis point improvement in the operating margin doesn't happen by itself. The electronics group has been improving its cost efficiency, which includes reducing its headcount and relocating. While cash conversion inched slightly lower to 68%, free cash flow was -£4.9 million and net debt grew to £70.1 million. Still, the group's got its eyes open for any further acquisition opportunities as they arise. Fair share of difficulties TT Electronics has its fair share of difficulties: it has exposure to the automobile industry in China, where economic growth is slowing, and relies on North America, which has been hit by turbulence in oil and gas markets. But the group reckons China is still a large market opportunity and is confident it has reacted quickly against US macro headwinds, with demand already picking up. It should also be resilient to any impact from June's Brexit vote. Crashing 57% in the tail half of 2014, TT Electronics' share price recovery has been slow so far due to wider macro influences. Investors should be reassured TT is doing the groundwork for double-digit growth into 2017Now at 144p, the group is using its 200 day moving average and 32.8% Fibonacci retracement as resistance. Numis analyst David Larkam reckons the shares, trading on 13.5 times forward earnings, are worth 180p, which provides 25% upside from these levels. "As management continue to demonstrate the strengths of the group, we see a rating in the mid-teens as achievable and have raised our price target to 180p to reflect this and the currency-driven upgrade to numbers," says Larkam. He has pencilled in 2016 sales of £567.9 million, pre-tax profit of £23.8 million and earnings per share of 10.6p. This should jump to £583.5 million revenue in 2017, with profit of £26.5 million and EPS of 11.7p. These results should reassure investors that the group is doing the groundwork needed to help it achieve the double-digit growth expected into 2017. |
Posted at 17/11/2015 11:47 by bugle4 TT Electronics plc Lifted to “Buy” at Numis Securities Ltd (TTG)November 17th, 2015 - 0 comments - Filed Under - by Doug Madison Share on StockTwits TT Electronics plc logoTT Electronics plc (LON:TTG) was upgraded by investment analysts at Numis Securities Ltd to a “buy” rating in a research report issued to clients and investors on Tuesday, AnalystRatings.Net reports. The firm currently has a GBX 170 ($2.59) target price on the stock. Numis Securities Ltd’s target price suggests a potential upside of 31.27% from the company’s current price. |
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