i never pretend to be smarter than the market but i do think ttn...

i never pretend to be smarter than the market but i do think ttn could offer compelling value at these prices. in recent years management have proven to be competent & delivered good results & dividends. the company is not debt ridden. i like the medium to long term outlook for csg in australia & i saw the other day that the nsw chief scientist is now supporting development in that state. even if yesterdays ebit forecast is further halved ttn would now be trading on a p/e of 5!

i saw another services company, tse, fall out of the sky & subsequently recover very well. i think ttn could be a real gem when the dust settles....