Tt Electronics Share Discussion Threads

[a0148009] 25/10/2012 14:06

Tough one this, great little company - depends how much business has slipped
since the interim statement.

Geraint Anderson, Group Chief Executive, said today:

"Overall we are pleased with the resilience of the business in the current economic conditions. We have continued to make progress reducing our cost base with key projects delivered ahead of plan, and additional programmes now underway. These activities, together with an improving product mix, will deliver further margin growth in a more challenging market environment in the second half. Our global strength has positioned us well with both emerging key accounts and traditional customers, and we have won several major new contracts."

Wondering if this has been overdone?

AO

[kiwihope] 25/10/2012 13:47

Yes, I bought some down at that level but sold much too early. Back then it was a different company with about £100M debt (I recall) and things were a bit wobbly for a while.

[typo56] 25/10/2012 13:37

Indeed it can. 3 years ago it was 20p!

[kiwihope] 25/10/2012 10:44

This is a solid company but in a very cyclical industry, which is currently in a downturn. I'm looking to buy in at a good point. It's at a support level now but in tough times it can fall a lot further. Difficult one to call...

[rathkum] 25/10/2012 10:12

Recent volume suggest there is a big seller in the market. Tough call to predict if we are anywhere near the bottom.

[harry hedge funds] 25/10/2012 09:30

Further share price weakness, nervousness ahead of next months update.

Ford closing euro plants is typical of the current malaise sweeping the new van/car industry, hitting sentiment perhaps.

[harry hedge funds] 24/10/2012 10:39

Chart is stuck in a down channel, 120p 12 month low could be key test soon. TU due next month I believe. I hasten to add I'm not a chartist.

[sleveen] 19/10/2012 20:33

lower, lower

[rathlindri] 19/10/2012 19:47

blimey, how low can we go???????!

[sleveen] 19/10/2012 17:58

apparently not.

[trademap] 18/10/2012 19:54

Isn't all the bad news in the price yet?

Or is that just wishful thinking!

[fangorn2] 18/10/2012 18:24

I think it went ex divi yesterday or the day before unfortunately...

[lenzcrafter] 18/10/2012 18:12

Isn't it dividend day today? Isn't that why share price has dropped?

[zeuseq] 18/10/2012 16:32

Dare I say a profit warning in Nov could be on the cards. AIMHO.

[snatander] 13/10/2012 09:53

MGCR profit warning

and taxi cab maker MGB suspension on friday probably didnt help sentiment

[sleveen] 13/10/2012 09:52

Industrials taking a bashing, XPP, Cookson, Morgan Crucible have issued profits warnings this week. Previously RNO, VLX and ECM have issued profits warnings. So who's next?

[rathkum] 12/10/2012 09:21

Quite a bit of selling this morning. Seems like someone is cashing out. Not sure if this has hit the bottom yet, perhaps limited downside if any.

[zeuseq] 12/10/2012 09:15

Next update around 15 Nov, is market starting to price in a profit warning???

[a0148009] 11/10/2012 16:53

A thoroughly well managed international business and a tasty bite for one of the larger OEM's if it languishes down at this level for an extended period even though the current year forecast is not very exciting eps 14.01 p/e 9.85 yield 3.7%.

AO

[rathlindri] 11/10/2012 16:15

gawd this isn't good...

[kimball808] 03/10/2012 06:29

140 seems to have held now 3x....but still in a downward trend since Mar12.....

[sleveen] 01/10/2012 17:22

131p, if support fails at that level then 122p.

[jason82] 01/10/2012 17:18

Dare anyone call where the floor may be with TTG?

[sleveen] 18/9/2012 11:28

LRD also fallen so possibly impact on elctrical/electronic sector