Member Info for jollyspeculator

tend to agree

finally reality dawning

tp £12--

draft ain't my pal

absurd spread

wd buy more c 250

hold c 3.5k

rns hardly helps

Wed 10 Nov 2021 12:21
RNS Number : 9733R
Titon Holdings PLC
10 November 2021

10 November 2021



Titon Holdings Plc



Chief Executive Officer resignation



Titon Holdings Plc ("Titon" or the "Group"), a leading international manufacturer and supplier of ventilation systems and window and door hardware, announces that Mat Norris, Group CEO, has informed the Board of his intention to step down from his position to take up another role. Mat will remain as CEO and carry out his responsibilities until he leaves the Board on 9 February 2022, to ensure a smooth transition for the Group.



Keith Ritchie, Executive Chairman of Titon, said: "The Board of Titon is disappointed with Mat's decision to resign after such a short period at Titon. The search for a new CEO will commence immediately and Mat's successor will be announced in due course. We are due to publish our results for the year ended 30 September 2021 on 16 December 2021 and anticipate that those results will be in line with our expectations."

the forecast EV/EBIT is close to 13-15...over £400m to £27m-£32m...dyo calcs, all

7-10 might be ok imv (tho concerns about management and debt burden make this dubious)

dyor, all

rude not to follow the money

hold 16k

you really don't see your error, do you?

op profit has to service interest on debt, so op profit (or EBIT) has to be compared with EV not MCAP

btw you are seriously muddling metrics by dividing mcap by op profit

#schoolkiderror

look at TNW & p/e forecasts suffer from (1) being forecasts (where's management trackrecord of delivery) and (2) ignoring debt mountain

(always) better to work with EV...if you know what EV stands for

#sellsellsell

as the first time poster implies lol

heard

tp 40p++

keeps flowing...

there be gold

tp 30p++++

at least you have the grace to accept that yr original post/"witty" riposte was truly "nonsense" lol

more and more bottom sniffing

#beware #metrics

tp <£3

sure but NT to sell, so sub £1 beckons

this game

ridiculous discount to ords
strong experience aligned management of globally diversified gem of a business (basically the works)
modest metrics

dyor, all

#pridebefore

*if* there is a placement ofc

below the placement price?

perhaps -10-15%

I'm spooked by placement risk and on-going panto of Government "dysfunction" wrt this sector (as emphasised by GLP)