Posted: Thursday Jun 14 6:00:09AM 2007
I own and follow titan and like it a lot. strong growth propects with new poducts coming on board. no debt; in fact they have cash per share of 8 cents. Gross margin of above 40% is good. I think 2008 fiscal year which starts September 1, 2007 will be their breakout year. I think the company can make as much as 8 cents a share just from organic growth. Their last q report indicated they are in advanced talks to grow through non-organic means. Worth buying for a one year hold to see how things pan out. I have a one year target of $1.50 a share, up 1.08 from current prices. Might be a lot higher if they can pull of ajoint-venture or aquisition. Certainly worth buying on any weakness.
Posted: Wednesday Jun 13 5:58:21PM 2007
P/E of 10.6, 5 year earnings growth rate - 83% PEG = .13 with heavy insider buying, seems undervalued, anyone follow this stock?