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....

Good 10% rise today despite double the number of sells vs buys. Chart pointing to mid-30's possibly prior to finals announcement.

For what its worth...after close today.

BUY
CONFIRMED

26.000
+2.5000 +10.64%

http://www.britishbulls.com/StockPage.asp?CompanyTicker=TSW&MarketTicker=Industrials&TYP=S

FWIW indeed - LOL

British Bulls an automated pile of rubbish, much like your garbage TA Smiler.

As far as I'm concerned this can go up or go down, I don't really care which, but we're in a Bull rally and most stocks, even the bad ones are being picked up. But it's worth posting on the threads you contribute to just to let people know (the silent majority) what a ramping twat you are and the dangers in following your comments. You'll be out and they will possibly be left holding a declining stock - caveat emptor.

How did your complaint go with MAM? Did you tell them you were a banned poster under another alias?

Titan International's 1st Qtr results on 29 Apr 09:-

Titan Announces All-time Record First Quarter Agricultural Sales

Statement of Chief Executive Officer:

"Large farm tires and wheels were selling well in the first quarter of 2009, along with Titan's new super giant mining tires," said Titan Chairman and CEO Maurice M. Taylor Jr. "It is difficult to predict what will happen moving forward. The price of corn is holding and soybeans are up, so the agricultural market looks good, but are farmers going to keep buying with all the uncertainty in the economy? I don't know. The orders for second quarter are good, but lead times are much shorter today than six months ago. All of Titan's material costs are dropping except nylon," said Taylor.

"There is no shortage of giant mining tires today and pricing has dropped by at least 25 percent because of the drop in material costs. Natural rubber is projected to drop from approximately eighty cents today to fifty cents by the end of the year. In September 2008, it was one dollar and fifty-two cents.

"The great news in all of this is that it's time everyone really gets down to working hard and smart. Since Titan has been running at an SG&A level of five to seven percent, we are set to grow our market share. Titan will be making improvements in every product we make, and I will be visiting every customer I am able to this year. Titan can use this environment in order to grow our market share, but if this economy turns up, then Katie bar the door,' for the good times will be back," said Taylor.

http://www.titan-intl.com/content/42909

This is good for Titan Europe with the synergies between the two companies:-

'pricing has dropped by at least 25 percent because of the drop in material costs. Natural rubber is projected to drop from approximately eighty cents today to fifty cents by the end of the year. In September 2008, it was one dollar and fifty-two cents'.

Sales Down

Sales for first quarter 2009 were $232.6 million, compared to $253.5 million in the first quarter of 2008

Gross Profit Down

Gross profit for first quarter 2009 was $30.1 million, compared to $32.3 million in 2008.

Income Down

First quarter income from operations was $14.1 million, compared to $16.1 million last year.
Net income for the first quarter was $7.0 million, compared to $8.1 million in the first quarter of last year.

Nothing like telling the whole story Smiler/SH/Lala/Treacle and all your other logons. Typical ramper with only his own interests at heart. Do some very, very intensive research before investing in any stock this ramper posts on.

Mefro

http://www.mefro.de/english/home.html

its interesting to see just how big they really are esp the post Michelin acquisition.

Titan Inc. have sinced increased their stake by around 5% in the 30's prices in Jan 09 and ofcourse Mefro holding their 29.9% at 40p. Hemscott have got tomorrow pencilled for results but hopefully by end of next week at the latest. Currently trading at a p/e of just around 1.50p. Even 1.00 would be a p/e of 6 possibly.

Last April:-

LONDON, April 14 (Reuters) - British wheelmaker Titan Europe (TSW.L) received a more-than-100-percent premium all-share takeover offer, at 230 pence ($4.54) per share, on Monday from U.S.-based former parent Titan International.

"It's not an over-generous offer but it's reasonable," said fund manager Oliver Brown at 3-percent shareholder RC Brown Investment Management, by phone on Monday.

Illinois-based Titan International is interested in buying back Titan Europe because it is once again focusing on larger off-road wheels, having decided to focus on smaller wheels in 2004.

Titan Inc is now developing ultra-large wheels for mining vehicles which would be a good fit with Titan Europe's undercarriage and wheel work on construction vehicles, analyst Jon Lienard at broker Brewin Dolphin said Monday.

http://www.reuters.com/article/companyNews/idUKL1467678920080414?symbol=TSW.L

Applies imo to our stock Titan Europe, 200p this time last year and now 26p. Once the finals are out we could easily more than just double imo with the dramatic falls from 200p.

By James Bartholomew
Last Updated: 10:48AM BST 06 May 2009

'Right now it seems the turn of the shares which were heavily sold down to return to more sensible valuations. The fallen have become mighty. The rise of a share from a miserably unkind valuation to a fair one can mean a doubling and more'.

http://www.telegraph.co.uk/finance/personalfinance/investing/5277843/Diary-of-a-private-investor-Dash-for-so-called-trash-shares-has-given-me-a-16pc-return-this-year.html

Delay with the results doesnt exactly instill confidence!
On the blog at www.investorschampion.com/blog

'To get a better sense of conditions in the off highway market its worth having a look at GKN, which has a division supplying into this market, or indeed NYSE listed Titan International, the manufacturer of tyres for the off highway market which announced its results at the end of April in which the Chief Exec commented that Large farm tires and wheels were selling well in the first quarter of 2009, along with Titans new super giant mining tires, a positive read across to Titan Europe?'

http://www.investorschampion.com/blog/entry/titan-europe-tsw-delay-with-the-results-doesnt-exactly-instill-confidendenc

Titan International Stock has been rising strongly as of late...whilst we continue to trade on a p/e of less than 2. The finals delay has not been healthy but hopefully will be worth the wait!

Titan Inc. continues to rise and up another 5.75% today. Risen from low of $2.50 in March to $7.54 now.

Trading on a p/e of 7.15 compared to Titan Europe's of less than 2. Should see same big correction if not even more once the finals are out imo.

http://quotes.nasdaq.com/asp/SummaryQuote.asp?symbol=TWI&selected=TWI

Stunning 26.23% rise in Titan International shares this evening on strong volume. Now risen to $9 and having been as high as $9.38 today from the lows of $2.50 over the last eight weeks.

Titan Europe need to get their results out and hopefully mirror the same kind of rises.

Friday's Volume in Titan Inc and recent very strong rises.

Finals must be tomorrow or Friday now...imo.

Spoke to the company today and was told that they are still putting everything together and would be released very soon.

22-25p on no buys. MMs finally moving it up and some orders on the buy side on the order book.

Some good buying returning on Friday. Hopefully final results finally this week.

Will break out upon release of finals imo. Price been consolidating in the twenties for six months now.