Monday saw more action for Titan holders- Mefro Wheels GMBH, a german private company increased it's holding to 29.9% by acquiring stock at 40p - against the prevailing market price of 20p. Mefro wheels acquired their original 24% stake at 40p in December.
A subsidiary of Titan International Inc, Tital Luxembourg Sarl, acquired 2,079,600 @ 35p and 339,000 @ 31.5p over the last two days taking their stake to over 20%. A director of Titan Lux Sarl is the non exec chairman of Titan Europe.

Roosters are hungry at this time of year and need to eat on chicken feed. This looks like a grain fest given Titan International broke off talks to buy Titan Europe in 2008 over 200p per share. Yeah - markets have changed but a battle for control of a niche business looks set to keep me well fed for the H1 09....

Breaking out on Volume with finals out now:-

Record revenue at Titan Europe

22/05/2009
London City news: Record revenue at Titan Europe

Titan Europe, a producer of wheels for the construction and agricultural markets, posted record sales in 2008 and has renegotiated its primary banking facilities.

Revenue rose 17.2% to 452.3m in the 12 months of 2008 thanks to exchange rate moves, although pre-tax profit fell on weaker margins and one-off items to 9.6m from 21.5m in 2007. Trading profit fell 2.2% to 31.2m.

In February, the firm reduced its forecast sales volumes for the year to 30% below 2008. As such, Titan is continuing to scale back material inputs, manufacturing, people and investment plans.

"In the current situation, your board believes that the business will be well placed to take advantage of opportunities in our industry as markets recover," it said.

http://www.cityam.com/index.php?news=34991

As well as the confirmation after close on Friday about the director buying 42,000 shares, there were lots of 50K buys = 14,000 throughout the day on Friday. 3 in succession towards close too at 28p which suggests someone else has also been increasing their stake. All of them were put through as ordinary trades (O). Await confirmation!

08:53 (22/05) 27.50 50000 purchase
08:53 (22/05) 27.50 50000 purchase
12:39 (22/05) 27.20 50000 purchase
16:08 (22/05) 28.00 50000 purchase
16:08 (22/05) 28.00 50000 purchase
16:09 (22/05) 28.00 50000 purchase

http://www.hemscott.com/companies/share-trades.do?companyId=4586

Another big trade, 100,000 buy showing at 27.72 pence at 17:42 on Friday.

Back in this morning again and possible consolidation over now and on the way back upto the 30s.

Titan Europe TSW

Nice move up this morning going first to take out the spike at 84p. After that pretty much blue sky.

Great results from Caterpillar (NYSE: CAT) good read across for Titan Europe (LON:TSW)?
On the blog at www.investorschampion.com

nice breakout this week

MIDAS UPDATE: Shares of tip Titan Europe rise 171% but don’t sell yetBy Joanne Hart
PUBLISHED: 21:26, 18 August 2012 | UPDATED: 10:50, 19 August 2012


..
Titan Europe’s shares have risen 171 per cent from 45p to 121¾p since Midas recommended them in July 2010, not least because last month the board recommended a bid from Titan Inc of America.


http://www.dailymail.co.uk/money/markets/article-2190303/MIDAS-UPDATE-Shares-tipTitan-Europe-rise-171-don-t-sell-yet.html#ixzz23zRweqHl

Good performance today.