Member Info for jollyspeculator

but like the idea of a jolly

Lolly (unrealised) ...let's start at the very beginning... it's a very good place to start & all that... ..recovery time for mti

@68p... ...expect(ing) bumpy ride

Titon also announces that it has agreed a settlement of its litigation against Nuaire Limited. Nuaire has agreed to cease the sale and marketing of one of its ventilation products and to pay Titon a cash sum in February 2013 to settle the proceedings.

Prospects The overriding objective of the Directors this year is to return the business to profitability. The overhead reduction programme that commenced during the year is now well underway and will lead to approximately £600,000 of savings in a full Financial Year. I do want to emphasise that Titon retains a strong balance sheet with £1.81m of cash at the year end and has net assets of £9.2 million. This strength will provide us with the opportunity to invest in new products and markets in 2013. The 2013 forecast for UK house building is that there will be a small increase in private sector housing starts but the decline in public sector housing will continue. Against this backdrop we envisage that prospects for expanding our ventilation system sales will be limited. However, as noted above, we do have some new products in the pipeline and anticipate that these will strengthen our overall market position. In our window hardware market we will also be launching some new product ranges which we expect will gain us sales in markets where we have traditionally not competed. We anticipate that our overseas sales will grow during the coming year with improvements expected from our South Korean and the USA businesses in particular. We are optimistic that our Korean activities will return to profit in comparison to the loss recorded this year. In conclusion, we believe that the strength of Titon and the actions we have taken will result in a return to profitability in the year ahead.

worth a punt at these levels imv (I have - 5k @ 26.5p!!) opinion only

sales in the rest of the world up by 43% in last Q 2012 according to latest ims

support in past (non expert view) opinion only

as per latest rns below... opinion only / DYOR "01 February 2013  Titon Holdings Plc Interim Management Statement Titon Holdings Plc ("Titon" or the "Group"), the UK ventilation systems and window and door hardware manufacturer, today publishes its Interim Management Statement for the period 1 October 2012 to date as required by the UK Listing Authority's Disclosure and Transparency Rules. Total Group revenues for the quarter to 31 December 2012 were 1% higher than for the corresponding period last year, with sales in the UK down by 11% and sales in the rest of the world up by 43%. The level of UK sales in the quarter has been disappointing and conditions within our key markets of house building and window manufacturing remain difficult and margins remain under pressure through greater levels of competition. We are not anticipating a rapid improvement in our UK market in 2013. Outside of the UK sales have risen significantly at our South Korean subsidiary where the housing market has been strong and we have focused more on the private housing sector. Titon also announces that it has agreed a settlement of its litigation against Nuaire Limited. Nuaire has agreed to cease the sale and marketing of one of its ventilation products and to pay Titon a cash sum in February 2013 to settle the proceedings. Net Cash balances at 31 December 2012 were £1.78 million compared to £1.84 million at the 30 September 2012 year end.

for recovery opinion only..bought 5k this morning at 26.5p

to load up.. ..history suggests plenty of shares get down below cash.. ..until this is profitable, it is vulnerable opinion only

check it out

Jolly pleased with meself.. ...big punt (for me) on this last month...& feelin' gud that we are at start of recovery not yet another spike what's not to like? all Jolly excitable opinion only

sweeter.. ...much much more to come imv...

get with this groovy recovery play "Cash generated from operation $0.4m, compared with use of cash for operation of $0.2m in 2011 · Net cash, cash equivalents and marketable securities at the year-end of $7.15m, equivalent to 8.7 pence per share · Net value of offices of $3.2m, equivalent to 3.9 pence per share · Final dividend of 0.58 cents per share declared" extract from finals today yep, that's right sp less than cash it's profitable it owns property as well and it pays a divi what's not to like??? opinion only

11 March 2013 MTI Wireless Edge Ltd ("MTI" or the "Company") US$2M CONTRACT WINS FOR MTI WIRELESS EDGE MTI Wireless Edge (AIM: MWE), the developer and manufacturer of sophisticated antennas and antenna systems, is pleased to announce that it has secured a major new military contract worth US$1.45m and a number of commercial orders which together total US$2m. This brings its total order book to US$7.5m - US$6.6m of which is credited to 2013. MTI CEO, Dov Feiner, commented: 'We are delighted with these orders especially the one from the military sector, which gives us confidence in the long term prospects of this segment, which we are well positioned to fulfil.'

sorry to be the gloomy eeyore to yr poohbear, ... ...but tnw here is only c10p (most of reported assets are intangible).. ...so loss making, struggling to transition from substantial "legacy" products that underpinned the co...i'd need more visibility on success to motivate investment atb not so Jolly opinion (only, of course)

frankly..none.. ...I'm in to have some exposure to biotech (albeit an odd one!) and because I think it's a fair enough gamble skp has a good shot at working out imv... because it always seemed to me to be a decent niche business (with an inappropriate capital structure..now improved)... ..but i am no expert... ...and (though i've been lucky enough to have enjoyed a largely positive financial experience) i've had enough close shaves - mixed/erratic experience - with biotech, to have become not a huge fan of the sector.. all (pretty flimsy) opinion only atb Jolly

..just like r investing ..rootling around...and pulling up dirt

on the 7th (when we posted) there was a buying rns (miton - who they?) & the next day (when u helpfully lol posted) there was the rns to which yr post refers yrs humbly Jolly employable lol