Proposed Directors of Tirupati Graphite explain why they have requisitioned an GM. Watch the video here.
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Im post this on the radar! for hel ask requested pleasssee
Range Rover there were talks of the new range rover using Torotrack products and gearboxes. I have just seen that Range Rover has released news of thier new product which will do over 50mpg. could this be the news that this share has been waiting for. Im working today so can not access web. help please becuase this could be big Ranger Rover turn over £6b per year.
Good statement http://www.torotrak.com/Resources/Torotrak/Documents/Prelim_results_2010_FINAL.pdf
Good read http://www.torotrak.com/Resources/Torotrak/Documents/Annual%20Report_2009_final.pdf
I was looking at this company as all the signs are right would like others comments please. ta very much
Something made me just recall this company in which I once held shares but then got out because it seemed to be going nowhere fast. I had not heard of them for some time, and thought that they had either folded or been swallowed up. It was 7 years ago (I think) that first Toyota, then Ford, and then General Motors pulled out of their options to produce the toroidal automatic gearboxes. TRK were then left with just the manufacturers of very heavy plant being interested. I am pleased to see that they have persevered and are finally getting into profit. Do they still show that video of that (Range Rover?) travelling the motorway at 70mph and the rev counter at just 1000rpm?
LONDON (Dow Jones)--Torotrak PLC (TRK.LN) said Tuesday that for the year ended March 31, it made a pretax profit of GBP0.4 million on revenue of GBP7.6 million. MAIN FACTS: -Revenue GBP7.6 million (2009: GBP4.6 million) -Operating profit GBP57,000 (2009: loss GBP2.4 million) -Pretax profit GBP0.2 million (2009: loss GBP2.0 million) -Earnings per share 0.23 pence (2009: loss 1.22 pence) -Year end net cash GBP13.1 million 2009: GBP15.0 million) -Final outcome for the financial year to March 2011 will be determined materially by the Allison licensing decision -If Allison chooses to exercise its perpetual exclusivity option, then there would be a material financial impact and step improvement in cash flow and profitability. -Shares at 0725 GMT down 0.25 pence, or 1.09%, at 22.75 pence. -By Iain Packham, Dow Jones Newswires; 44-20-7842-9269; iain.packham@dowjones.com (END) Dow Jones Newswires May 25, 2010 03:27 ET (07:27 GMT)
cheers for that! bottom draw share for me this 1, thought no1 else was invested here for a while n id been deserted! if any1 is actually out there hows the kers technology comming along? any info would be greatly appreciated!
LONDON (Dow Jones)--Torotrak Plc (TRK.LN), a full-toroidal traction drive transmission technology company, announced Thursday that it has received a GBP3.75 million license and option payment in relation to the License and Exclusivity Agreement signed on March 16, 2009 with Allison Transmissions, Inc. MAIN FACTS: -This brings the total license payments now paid under the Agreement to GBP8.44 million. -These initial payments have provided Allison with non-exclusive license rights over Torotrak's full-toroidal traction drive technology in the medium-sized commercial vehicle market, together with options to secure global manufacturing and sales exclusivity in this sector. -Following this payment, the company remains on course to achieve its target to break even on a profit after tax basis for the financial year to Mar. 31, 2010. -Under the Agreement, Allison has further options to purchase, at a future date, a non-exclusive license for Torotrak's technology in relation to applications in large commercial vehicles and further options to secure worldwide exclusivity (except for Torotrak's existing licensees in this field) across the commercial vehicle market. -Total additional fees payable to Torotrak could amount to a further GBP6.75 million to GBP17.37 million, payable over the next three years, depending upon when, or if at all (in which case no additional fees are payable), these rights are taken up by Allison. -Shares closed Wednesday at 26.50 pence. -By Zechariah Hemans, Dow Jones Newswires; 44-20-7842-9411; zechariah.hemans@dowjones.com (END) Dow Jones Newswires March 18, 2010 03:37 ET (07:37 GMT)
that possible take over target on interactive investor board disscusion talk of over 62p a share , buy out by alison transmissions usa who already own 10%
Been watching this one, is this an over reaction to the latest news? Should I hold out till it drops to 20?
close 38.5
this share is going places. It's been a long time coming for all of us who have been patient. Now wouldn't it be nice to have this in your portfolio back at £5.00 !
This is a solid company with good growth. Shares are up 50% in three weeks, but most punters seem to have ignored this one.
My Iphone says increase of 16% I said it was good. Hope all had a good eastr
What with TRK gearbox for hybrid cars and Gordon commitment for greener vehicles. How could these fail but to head up t north? IMHOP. See previous links and DYOR but I’m well in!!!!
http://rumors.automobilemag.com/6490037/green/jaguar-looking-at-using-a-mechanical-hybrid-system/index.html Perhaps the new eco friendly Range Rover in the planning, capable of 65 mpg will become the first to use Torotrak's gearbox? Fingers Crossed!
understand why share price dropping off again. Fantastic news earlier on this week no big sells so why the drop?
Thanks
Could anyone tell me where you find this information from, thanks