iceflower
2022-08-15

$Titan(TWI)$


A GREAT TITAN in construction machinery[Cool] [Anger] 


Introduction:

A manufacturer of wheels, tires, tires assemblies, undercarriage system and components for off highway vehicles.

The company operates through 3 segment

1) Agricultural - derives most of the revenue

2) Earthmoving/ construction

3) Consumer


Key ratio [Miser] 

-revenue increasing trend

- net income adj increased almost 3x to 98 from 31.9

- roe(adj) increase to 43% from 25%

-diluted EPS (adj) increase to 2.05 from 0.79

-total debt to equity ratio 1.67

-fcf 33.5 with increasing capex



Technical

-been always above ema200 since Dec 2021[smile] 

-cross above ema100 3 days ago[Call] 

Factors to consider

-strong fundamental background

-strong technical trend above ema200

-price pulled back after the company reduce the earning forecast in the next quarter(Nov 2022)[serious] 


Lets earn some money from the TITAN[Wow] 


@Daily_Discussion@CaptainTiger@TigerStars@TigerPM

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

Leave a comment
2