Tony Williams quoted in Investors Chronicle: ‘Bargain Shares: Repeating buying opportunities’

31 Oct 2018 / In the media

By Grace Merrall

Investors Chronicle reporter Simon Thompson this week named Hardman & Co client Titon as one of the ten small-cap companies to make his 2018 Bargain Shares Portfolio.

Thomson highlights Titon’s possible move to Aim as a basis for identifying the stock as an “under-the-radar small-cap gem”, a move that is thus far supported by shareholders and directors alike.

The article references Hardman & Co analyst in discussing why Titon may be considered an attractive investment opportunity for Aim specific investment funds:

“Indeed, the latest guidance from the directors points toward their company’s full-year performance to be in line with market expectations, which, according to analyst Tony Williams at Hardman & Co, implies Titon will deliver 17 per cent growth in pre-tax profits to £2.9m in the 12 months to the end of September 2018 and lift earnings per share (EPS) by 10 per cent to 18p.”

Thomson goes on to highlight that:

“the balance sheet is expected by Mr Williams to have risen by a third to 33p in the second half of the financial year just ended, highlighting yet another healthy cash-flow performance.”

For the full article click here.

About Titon

Titon is a leading UK supplier of Ventilation Systems and Window Hardware with a reputation for quality products and high levels of customer service.

For the latest Hardman & Co research on the Titon investment story, click here.