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....

View of Zak Mir this morning:-

'The technicals here look positive in that while above the initial December resistance of 22p, the upside may be as high as the 200 day moving average of 57p'.

http://www.sharecrazy.com/ubbthreads/showflat.php?Cat=&Number=431962&page=0&view=collapsed&sb=5&o=&fpart=1#Post437475

Zak Mir is a very highly respected chartist so his involvement and comments do bode well for this stock.

More very large buys...bet its Titan again and more to come:-

1.26 million buy + 572K buy at 35p

Titan may need a stake higher than Mefro's 29.9% to launch a takeover.

This must be a first where someone has picked up 5 million shares at 40p only 2 days ago and yet the price is so below that level. Let alone the other significant stakes purchases.

Another large buy today, 250,000 at 35p.

More....753,597 and 600,000 buys at 35p.

Should get another Holdings in Company RNS at some point tomorrow for these buys today:-

600,000 buy at 35p
753,597 buy at 35p
250,000 buy at 35p
572,715 buy at 35p
1,265,000 buy at 35p

'The technicals here look positive...' view of Zak Mir.
What have technicals to do with this at the moment!

When you have 2 industry players (Titan Inc and Mefro) buying up stock, this has nothing to do with 'technicals'; the industrialists won't know anything about technicals. They are only interested in fundamentals!

Investor's Champion (www.investorschampion.com) has kept up with this one; focusing on the fundamentals!

blimey!
i havnt read or posted in a while. where did you 2 come from?
this sounds too good to be true. thanks.
im off to look at the chart and decide for myself.
oooh i cant wait to get my hands on some of these.
thanks once again.
regards
jkd

Titan Europe Director/PDMR Shareholding

TIDMTSW

RNS Number : 6828L
Titan Europe PLC
15 January 2009

?
Titan Europe plc ("Titan Europe" or "the Company")


Director's Holding




The Company was informed on 14 January 2009 that on 14 January 2009 Titan
Luxembourg Sarl, a subsidiary of Titan International, Inc., bought 2,268,597
Ordinary Shares at 35p per share in the Company. Maurice Taylor is a director
of Titan Luxembourg Sarl and is the non-executive chairman of Titan Europe.


Following these purchases, Titan Luxembourg Sarl has an interest in a total of
18,993,821 ordinary shares representing approximately 22.89 per cent. of the
issued share capital of the Company.

This information is provided by RNS
The company news service from the London Stock Exchange
END

Titan Luxembourg Sarl have bought another 2,268,597 shares. 22.89% for them now...looks they're heading towards 30% too and then bid from Mefro or Titan or both.

Out of these buys yesterday:-

600,000 buy at 35p
753,597 buy at 35p
250,000 buy at 35p
572,715 buy at 35p
1,265,000 buy at 35p

The 1,265,000 + 250,000 + 753,597 belong to Titan and equal 2,268,597 shares.

Another RNS should be coming on who bought 600,000 + 572,715 = 1,172,715 shares.

Hemscott have updated the major shareholders percentage figure after this morning's RNS, does not include directors holdings or others holding less than 3%:-

Titan Europe PLC has a total of 6 major shareholders.

Together they account for 69.38% of the total shares in issue.

http://www.hemscott.com/companies/shareholders.do?companyId=4586

Free float must only be around 10 million shares now imo and Titan need around 6 million more shares to get to 30%. Picked up a few more. There's not been any press mention at all thus far on Mefro's and Titan's buying. Maybe this weekend or once Titan have bought a few more!

Tomorrow's Times....incorrect information about a profit warning and stake of Titan International is 22.89% now but stakebuilding & Bid news by Titan International who offered 230p last year is most welcomed.

'Titan Europe shares have risen since a profit warning last week, sparking talk of a bid that the maker of tractor wheels denied. It emerged that the founding chairman of Titan International, the US parent, raised his stake in Titan Europe to 20 per cent over two days shortly after the warning. The shares fell 3p to 30p'.

http://business.timesonline.co.uk/tol/business/markets/article5526995.ece

Hemscott have updated the percentage figure for major shareholders again today...changed from 69.38% yesterday:-

Titan Europe PLC has a total of 6 major shareholders.

Together they account for 72.11% of the total shares in issue.

http://www.hemscott.com/companies/shareholders.do?companyId=4586

Any sell orders on the order book now appearing at 39-45p which is an indication of where this is going. The large 58,000 buy at 34p from yesterday's close clearly showing.

T28
do you think you may have been somewhat over optimistic with your previous posts?
or is it too soon to say? price was at 31p level when i last posted so now just 10 days later at 24p is it now even more too gooder? its a bit too risky for me but thanks once again for drawing it to my attention. only time will tell.
regards
jkd

Treacle sold out just after his last post above for 29p...

off to his next pump & dump.....no patience that boy...only time for the T10 to make any money.

What ever happened to old Treacle I do miss him.

I do enjoy a treacle -free thread..lol.