Tyman Share Discussion Threads

[jeffian] 06/5/2021 10:19

Now that's the sort of TU one likes to see! Many years ago, I bought some shares in Lupus Capital purely on the basis of meeting one of the then Directors on a ski-ing holiday and being 'sold' by his enthusiasm. They got kicked out, the company went through a period of asset-liquidation and the shell was picked up by Greg Hutchings as a vehicle for his stockmarket revival only for him to be booted out and the company focus on its largest holding in building materials. Due to my strategy* of Masterly Inactivity (never get round to selling anything) it's become my 3rd largest holding! *indolence

[bummel45] 18/3/2021 22:05

I know the results were really good, and together with the dividend announcement, there is good reason for the price rise. However, the last few days, and today in particular, seem rather exceptional. Does anyone have any idea on reasons for this?

[jeffian] 24/12/2020 10:42

I'm normally a bit sceptical about Directors' share purchases - so often relatively modest amounts designed to express support or linked to some incentive scheme - but today's announcement of the purchase of 100,000 shares at 356.5 by a non-Exec catches the eye.

[standish11] 17/12/2020 17:45

Oops! I meant Peel Hunt.

[standish11] 17/12/2020 17:44

Speed Hunt upping their target to 375p from 230p with a Buy rating presumably triggered today's jump in the share price

[glavey] 17/12/2020 17:17

Well, it seems there's a modest uptick today.

[jeffian] 09/12/2020 10:23

No, they're different things. I could live with sensible/prudent. "Modest" is just signalling that it is going to be small!

[glavey] 09/12/2020 08:24

What's wrong with "modest"? Would you prefer "sensible" or "prudent"?

[jeffian] 08/12/2020 11:04

I'm not sure I liked the use of the word "modest" in relation to the reinstatement of a dividend. Companies always seem to get very mealy-mouthed about this subject - the most common tends to be the word "re-base" - when they could simply just say "cut"!

[sphere25] 08/12/2020 09:31

Moved really well this. Well done to all those continued to hold longer than I did. It's another forecast beating statement, but the price is well through the pre-Covid highs now, and it isn't like the revenue is significantly ahead of last year. The market is clearly looking forward, but it's easy to forget that these monstrous share price moves are now pricing in significantly more than they were pre-Covid crash, which ultimately means a much greater emphasis on the delivery having to be bang on the money. Will they all deliver? All imo

[paraguay] 07/10/2020 08:42

Nice RNS today. Not doing as bad as expected thru covid,upgraded their FY downgrade, saying will finish just shy of PY. Possibly a small divi at year end. Time these shares moved upwards a bit. Steady business, being managed well. DYO research.

[lord mandelbaum] 06/8/2020 10:10

New to this company but have been flirting with the building sector (houses and bricks) and have just read the Edison report out today which is favourable and shows a well managed company IMO with, all things considered, very decent fundamentals and a track record of healthy growth. Chart is lovely and the share price has just bipped above the 20 MA and looks a strong buy to me. I'm in.. good luck all.

[lastoneout] 28/7/2020 07:45

Looks like they are recovering well

[sphere25] 10/6/2020 13:18

Stock is over £2 now and clearly a different proposition to that when highlighting the larger interest in the stock down at £1.45. Haven't maximised the gains here by trying to nip in and out (with half an eye on the wider market) but who would have thought the US would V from the bottom in light of all the uncertainties and economic carnage out there. I certainly didn't! Well done to the folk who have held through the gyrations because this is one of those which has lumpy moves akin to a rugby ball bouncing on a trampoline. Added a broker note below which shows a price target of 230p. The risk reward looks much more balanced now so happy to revisit this one if there is an overbought plunge with the wider market. "Tyman looks robust, says Peel Hunt Tyman (TYMN), which provides building products to the door and window industry, has managed to avoid raising capital but Peel Hunt is cutting its forecasts to be more conservative. Analyst Harry Philips retained his ‘add’ recommendation and target price of 230p on the shares, which fell a penny to 207p yesterday. He said the group was in ‘robust shape to weather the storm’. ‘We started the crisis wondering if it might have to raise equity for defensive reasons but are now confident this will not be necessary,’ he said. ‘In addition, recent customer and peer group read across has been more positive than we expected, which is encouraging. We are cutting our numbers to factor in a tougher environment… [to] a more conservative base with, hopefully, risk on the upside.’"

[sphere25] 27/5/2020 14:33

Price 180p. Breaking out. Hard work this stock (for a proper company).

[sphere25] 19/5/2020 15:03

Stuck at around that 170p mark. Stock has pushed on for some half decent gains but very disappointing moves overall. Liberum out with a sector wide top picks note (though still doing very little for TYMN): "Top picks · Howden: very well placed for renewed growth, strong finances · Travis Perkins: market under-estimates finances, value creation in demerger and core momentum We see good upside in small caps: · Volution*: strong international, UK regulations and self-help · Tyman: undervalued US exposure · Speedy Hire*: UK infrastructure, strong finances, self-help levers · SigmaRoc*: profit improvement potential, infrastructure exposure · Safestyle*: significant upside on recovery, strengthened finances"

[sphere25] 29/4/2020 16:25

165p to 166.8 to 170p in a flash Breaking out. And.... BANG! Stock has closed up 9% at 172 Ha

[sphere25] 28/4/2020 15:01

Aw, you lovely lovely people you! Stock has popped 5% and is seriously flirting with that key 160 level now. You only have to look at the chart to see how this one moves when it starts to break higher and rally. Suspect the recent update covers the bulk of the situation for now. Perhaps another update on the AGM day.

[bummel45] 28/4/2020 14:03

You are not alone! I am on here sometimes but there never seem to be any comments. Anyway, this is a significant rise, very suddenly. I hope it isn't just someone's finger error. There must be a reason for this following the recent news that the company were not going to pay their dividend this time. Announcement pending perhaps?

[minsim] 28/4/2020 13:54

Can't be having you talking to yourself :p Great looking chart and a break over 160p surely this time round. Certainly has required a lot of patience!

[sphere25] 28/4/2020 13:04

Looks like it's just me on this board :-D Stock flirting with a significant breakout. Is today the day?

[sphere25] 07/4/2020 14:45

Some whopping big exchanges here today. Starting to be more of a theme now with larger buyers coming into the markets and mopping up sellers at what appears to be very depressed levels. Let's see if this one can start pushing on now.

[sphere25] 03/4/2020 08:13

Statement follows the theme of the wider market as expected. Could still get clobbered despite the below. Extended lockdowns clearly mean even higher risk than present. "The earliest maturing debt is a $55m tranche of our US Private Placement that is due for repayment in November 2021" "We have assessed the impact on both profitability and cash flow of various potential scenarios of different durations and severity. We will continue to monitor the evolution of the crisis and remain flexible to adjust plans as necessary. With the actions being taken, we are confident that we are well-placed to withstand a prolonged period of reduced trading."