Tyman Share Discussion Threads

[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."

[sphere25] 25/3/2020 10:25

It is potentially a matter of survival for many companies now. Clearly depends on how far the government goes on the lockdowns. A few months look manageable for the majority. If we go (we really shouldn't) deeper, then it clearly has the scope to get very ugly. I'm sure TYMN will update shortly, but I've taken a few for a short term bounce. Grossly oversold and hasn't bounced with the market yet. Some nice buying coming in today too so there is potential. Alot of these stocks have also been clobbered to the point where bad news is now resulting in rallies, which would suggest that a great deal of doom and gloom has already been priced in.

[bummel45] 19/3/2020 19:14

I suppose its because the company has operations in the key coronavirus areas and that will undoubtedly affect results downwards. The question is whether it's terminal of if they will come back after the problems have finished. Does anyone have any information on the present operation?

[bummel45] 18/3/2020 09:00

This is always a target for sellers! How low can it go?!

[sphere25] 06/3/2020 08:23

Like to trade this one - looks cheap, but it's nigh on impossible to be long anything at the moment, or long for err...long Analyst comment below: "Tyman (TYMN), supplier of building materials to the window and door industry, has reported ‘solid results’ and Numis says the group is undervalued. Analyst Christen Hjorth reiterated his ‘buy’ recommendation and target price of 330p on the stock after full-year results came in in-line with expectations with no further contract losses. ‘We are encouraged by the group’s progress, including an impressive beat on net debt, and the increased strategic focus on self-help initiatives,’ he said. ‘Despite this, Tyman trades on a 2021 price/earnings ratio of c.8x and dividend yield of c.5%. In our view, this significantly undervalues the group."

[jeffian] 05/3/2020 09:31

Because the results were as expected and the performance was already in the price. The half year results in July were "below expectations" and the Trading Update in November was "in line with (revised) expectations" and you can see the effects in the chart above. In fact, the final Operating Profit reported was very slightly ahead of the anticipated figure reported in November.

[phillkay] 05/3/2020 08:49

In learning mode, can someone explain on the price going up on seemingly poor results, thanks.

[brummy_git] 19/2/2020 06:41

All the latest building product valuation multiples and KPIs can be downloaded from here, including TYMN https://twitter.com/CapitalPmh/status/1230017579479113728/photo/2

[psync] 19/9/2019 09:18

Decent rally over the last couple of weeks albeit from quite a low level. The last set of results were rather downbeat but hopefully this shows there's still institutional investor confidence here as an income play with growth potential.

[jeffian] 29/8/2019 09:09

Although I'm a bit jaundiced about Director purchases (modest ones are usually more about 'sending a message'), it is refreshing to see the recent flurry of purchases at market price by the CEO, CFO and Chairman, rather than them just waiting to scoop up their discounted LTIP shares. hTTps://investegate.co.uk/tyman-plc--tymn-/rns/director-pdmr-shareholding/201908290700074739K/

[bummel45] 30/7/2019 09:31

The market really does not like this share!

[bummel45] 12/6/2019 23:08

Amazing, this share didn't go down today! What happened?!