Tyman Share Discussion Threads

[bummel45] 09/11/2018 01:30

Has everyone died on here? What does the market want out of this company. A good trading update, but the share remains almost a third down from its peak (which was probably too high). All broker recommendations appear to show 'Strong buy'.
The decline appears to have occurred with the change to Numis as sole broker. Is that a reason? Are they incompetent, or planning something?
Any comments from anyone who is still alive?

[bummel45] 01/11/2018 09:13

Why has the market gone off this share so much?! Unless there is a problem lurking somewhere, then this is either a golden opportunity to buy at a bargain price, or this is a strong signal to sell. Nearly all the broker recommendations are a strong buy, and the figures were up with the market. I don't normally worry about these, but now I'm not so sure.

[bummel45] 22/10/2018 09:06

Is this recent fall of more than 15% market driven, or is there something more sinister in the wings for Tyman? Perhaps the stock market didn't like Numis appointment. Any thoughts?

[jeffian] 28/7/2018 13:21

I'm still 'here' but it doesn't seem to attract much interest from bulletins board posters. I think you either have to be a high-risk bio-tech or a speculative miner (sitting on untold wealth from licences in a minor African republic of dubious governance, naturally) to attract many posts.

I did see the interims and thought they were rather uninspiring, actually, but as you say the market seems to like them. I imagine it helps that its US exposure benefits from the strong $ vs. £ and the US economy's fillip from the Trump tax cuts?

[bummel45] 28/7/2018 12:22

Can no-one be bothered to post on here any more? It seems strange that there has been nothing, not even about the interims. They seemed to show steady progress with good prospects for the year ahead. The market seemed to like the figures anyway, so that's always a good sign.

[a0148009] 08/3/2018 20:16

Yes -I remember you jeffian from the Lupus days. They seem to have done this in a rush
possibly they were concerned they would miss their chance of the acquisition and worried about the market and fund raising - seemed like a panic to me. There are no
real up-to-date figures to work on.

[jeffian] 08/3/2018 18:18

I wonder why they didn't feel confident enough in their existing investors to do a RI? I have quite a substantial holding here built up through many RI's from the old 'Lupus' days onwards.

[a0148009] 08/3/2018 18:11

Yes - there must have been a leak,I could not fathom out the reason for the price action and was anticipating bad news - disappointing performance so far, choppy markets probably influenced the deep discount. We could have bought at 284p first thing this morning. The pattern seems to be when they struggle for organic growth they make an acquisition.

[strangeman] 08/3/2018 10:02

No Probs - it took me a while to find it yesterday. Quite a discount to that price of 360p from Jan! Hey ho

[a0148009] 08/3/2018 09:04

Thanks Strangeman.

[a0148009] 08/3/2018 09:03

Thanks Strangeman.

[a0148009] 07/3/2018 08:37

Small shareholders overlooked, fund raising explains
weakness of share price recently. Book building - cannot find any indication of placing price.

[a0148009] 08/1/2018 12:44

Almost touching all time high of 368p probable breakout this time.

[a0148009] 30/11/2017 09:48

Illiquid market share price up 7.5p on circa 20000 shares.traded.

[jeffian] 07/11/2017 08:50

Hmmmm. Underwhelming.

[a0148009] 07/11/2017 08:08

Disappointing and not a word on the effect of hurricanes on the business going forward or mention of house building growth in USA.

[jeffian] 06/11/2017 14:47

Heads up! Trading update tomorrow.

[a0148009] 31/10/2017 18:31

Ah! Could not understand why this kept being knocked back on any sign of a rally the
fundamentals looked good two thirds of sales in dollars,massive hurricane damage to property generating demand and forward p/e of 11x to 12x before the hurricanes, bought between 320 and 330 recently and left scratching my head, seller seems to have lost patience.
Lets see where we go now
Edit: reasonable divided forecast 3.3% to 3.8% yield. .

[a0148009] 11/9/2017 09:40

Tyman should do very well in the aftermath of devastation in USA, market very thin
not much stock around.

[jeffian] 11/5/2017 10:51

Is it a play on strength of $ vs £? 63.5% of their business is now in US and a large element of the rest is in South America, Asia and Australasia.

[bummel45] 11/5/2017 09:15

I continue to believe that this is a really good, sound investment, but does anyone have any idea why it has peformed so strongly over the past week? I don't believe it's because of the Liberum Capital price target of 4975p either!!

[jeffian] 16/3/2017 15:57

Now if that happened I definitely would be happily retired!

[sportbilly1976] 16/3/2017 13:13

Thursday, March 16, 2017 - 11:50

Liberum Capital today reaffirms its buy investment rating on Tyman (LON:TYMN) and raised its price target to 4975p (from 365p).

* NOT a typo (on my part anyway!)

[jeffian] 09/3/2017 09:59

I've got loads from the earliest Lupus days plus the Greg Hutchings Rights Issues.

The Times' 'Tempus' today has written them up as 'avoid' on grounds of high debt and risks to growth but they are on a pretty undemanding PER and pay a good divi, so that suits me. I'll be holding on.