Yanar30 Jul 2009 21:47
really? i was trying to find info about how the other divisions are performing but i couldn't. could you please point me to where you found that info?
from my research, TTG is still reliant on the automotive industry and they are just in a transitional phase to remove reliance. not there yet. their last RNS was slightly better performance for may and june and it gives the impression that they may be trading in profit at the moment BUT based on most current insight i am trying to dig out based on other reports, signals and feelers, doesn't look good still.
malbrun, sure i do not believe TTG will crash and burn so as a long term investment, buy in anytime you want. but as for the outlook, there is still no certainty of a recovery in their sectors, i believe. if there was, we would have seen a host of director buys...which perhaps MAY come when this share dips below 30p? who knows. if the board buys, they must have better market info and are looking towards better revenue/brighter outlook. and if they do, they will wait till it drops to 26p or 29p(looks like previous support levels), if it ever gets there! =)