Proposed Directors of Tirupati Graphite explain why they have requisitioned an GM. Watch the video here.
London South East prides itself on its community spirit, and in order to keep the chat section problem free, we ask all members to follow these simple rules. In these rules, we refer to ourselves as "we", "us", "our". The user of the website is referred to as "you" and "your".
By posting on our share chat boards you are agreeing to the following:
The IP address of all posts is recorded to aid in enforcing these conditions. As a user you agree to any information you have entered being stored in a database. You agree that we have the right to remove, edit, move or close any topic or board at any time should we see fit. You agree that we have the right to remove any post without notice. You agree that we have the right to suspend your account without notice.
Please note some users may not behave properly and may post content that is misleading, untrue or offensive.
It is not possible for us to fully monitor all content all of the time but where we have actually received notice of any content that is potentially misleading, untrue, offensive, unlawful, infringes third party rights or is potentially in breach of these terms and conditions, then we will review such content, decide whether to remove it from this website and act accordingly.
Premium Members are members that have a premium subscription with London South East. You can subscribe here.
London South East does not endorse such members, and posts should not be construed as advice and represent the opinions of the authors, not those of London South East Ltd, or its affiliates.
tant pis for me too sadly (buying in) - I think double bottom (well, recent bottom) bounce?
Been off the boards for a bit, surprised the rise came - people confident enough to buy when they know no news is coming is a very good sign. 53p bid-55p ask is my Christmas guess. That might put it higher than CEY (Centamin!) GL all.
tant pis
low volumes and little interest in selling - Ups1de, Eco, Legs, Noodles, Clogheen, Mulledwine and others...any views?
Like it - 62p
Thanks jdr squared Borrowing from Ups1de's festive idea over on GBO, how about a simple sp guess for end 2013? I'll plump for 57p
there is not evidence sufficiently explict enough to be safely inferred that 100p or 150p is on the cards anytime soon. This is a mild growth story in a challenging environment and whilst currency translations maybe favourable in 2013/14 , i am struggling to see underlying earnings growth (other than currency translation) to propel it to those levels. Would love to be wrong but see 70p as a possibility this time next year.
Nice to see schroders have more than 10%.Also home page of Trifast certainly bullish .More progress ahead? David Cameron,please note: a UK exporting success!
another big delayed sell
We're a sober bunch on this board and have modest target of 60p. Let's not talk about £1+ People might confuse TRI for a junior oil and gas play! Seriously, I think we are all interested in challenging our investment rationale - so if you have (a) niggling doubt(s) pls share; better to get out before a profit warning than be caught out by complacency atb Jolly
Many thanks for the welcome..and very pleased to be a member of the TRI family! I did note that the offer price ticked down after I bought-in, despite the sea of blue we've been seeing over the days. It's difficult to understand why, after all, there just didn't seem to be any selling at all going on! Oh well, I'm going to blame those awful market makers! With a bit of positive manufacturing data coming through, I can see TRI being worth 100/150p next year..the management team have worked wonders in a difficult economic climate. I appreciate your candid posts across many stocks on the LSE, and in many cases it's a comfort to know you're a stock holder! Thanks again.
Welcome & fingers crossed At least we are merry crew (small in number; super high in quality with Noodles on board) Jolly happy
Flipping heck, you're right, buy's galore here on TRI! TRI has passed me by (that rhymes!) but better late than never..and with all the manufacturing data from Asia and UK looking more positive this looks like a great company. I bought in today at just under 46p so fingers crossed for a swift rise to the top..(oh please god give me some luck on my portfolio soon..)
one monster on 19th, though All v calming..
Last sell was nearly 24 hours ago, it seems
Thanks for response.lets hope we pat one another on the back after results.I also agree that given government inertia on deficit reduction & growth GBP could well weaken in 2013.
That is my target for June 2013 as the results come out, the global picture might be better. 50% up on the 40p available a few weeks ago. If the UK scene gets pressurised going into election year, GBP starts wobbling TRI could take off as their foreign profits appreciate on conversion
Encouraging to hear your perspective.If modest momentum on sales & net margin continues and Tri gets re rated more favourably against peers it surely should get 60+ .What do you think?
Good ol' Sussex by the sea! Live 100m from the cricket ground at the moment- no garden though! Glad the board is full of 'contented' investors / people looking in from the touch lines. Good situation for all stakeholders. The difficult decision will be what to do as the cash comes through; New capex in Asia Pay down debt Divs Staff packages All of the above!
I hope you are happy in Hove. (I have fond childhood memories of watching county cricket there when I was a lad - 19th C, it seems now.) Jolly relaxed
Found a house in Hove which I'm keen to grab so decided against more in any equity at the moment. Got a few holdings that pay divi's over the next few weeks so if TRI is sub 45 I'll snap a few more up. On some of the points raised; Competition in markets - it's more a people based than you would expect, Trifast kept most of their key account men during the troubles (at the insistence of JB and MD) and this seems to be paying off now orders are flowing. The big point for me is TRI have always put quality at the top of the list, they moved ops to Asia but kept quality high. My thoughts are that as the Asian market develops (jag land rover which TRI serviced in the UK) higher quality fasteners will be in demand, and TRI are already proven in that sphere. But for sure they will have to stay alert, keep the key people happy and not chase orders via acquisitions all the time. Last years was a one off driven by the old owner being about 129 years old and wanting to hand it to the TRI management
Hope you topped up
Hope you join us here; may not be wild but could be sedate upward progress (DYOR/not investment advice, you know the score)
This on my watchlist too. If this is 50% fib retrace then it's around here. Will wait until see if it goes down to the next one. Have you looked at MRO? Some decent late buys there today.
Yes, Ups1de & I bought around 40p before the decent interims. I have a reasonable holding for me (around 10k shares), and like its multiples (EV/EBIT around the 6 mark, I think analysts are forecasting), markets (over 60% outside UK now) and (not so sure) management. DYOR and not investment advice, of course, but I like TRI so much that I have already begun to see it as one of my good 'uns to tuck away (rather than the fickle stuff I trade). I am hoping that Noodles might have some insight into management and markets (he audited TRI some years back, I gather) Noodles, for a starter, do you have a sense of how competitive some of the major markets segments are for TRI? and, without getting too personal, what is your sense of this turn-around double act brought back to "save" TRI (Diamond/Barker)? atb Jolly