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]
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Nice