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

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