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Good call for us on the $28 - $30 range on RTI..............nice profits there..................
Thanks for your input Mailhot. Without more investigation, I will give only a short, and incomplete view at this point....I am high on Titanium, therefore I favor either staying with PCP, or making a play with RTI because of their acquisition of the Virginia Titanium plant. I think the play is aerospace. I'll get a chance to review a little later and will let you know if I hear or see anything of value. Also, I'm a little prejudice, as I am an astronomer. Might be a detriment basing things on too much hope. Neal
I don't think you can go wrong with either company, long term. I always felt there was more upside and potential with TIE, as I felt the would capture more of the potential market in the future.
RTI is solid and has upside of $28 - $30 range from current PPS (up 20% long term) has maintained $20 PPS for last 3 years. Downside is a lot of dumping has occurred over last 6 months.
ATI seems a bit more risky to me at this time. It is like a falling knife right now. Do you really want to try and catch it??
Their revenue dropped a substantial amount resulting in continous drop in PPS. The outlook for 4Q 2012, doesn't look much better. Their current PPS is at a low point that it hasn't been at in almost 4 years. It is now at its lowest PPS in 3 years. Granted this is due to bounce back, the question remains, when?? This was once a $80 - $100 stock. Can it get back there in the long term and bring us some ROI, IMHO, I believe so, but maybe not that high ($40 range), but when will it hit bottom??? This stock is worth 1/2 what it was a year ago. They are at a fragile point now.
Your thoughts????
From what I have seen in the past, companies would normally rollover to stock of the purchasing company, but in this case, you never know.
I am excited that PPS rose 40-45% and have read of a target price of $20 has been established by one financial group. Holding for now, but tempted to take some profit. Unsure of what direction PPS goes from here. I have seen it both ways in the past. Would hold for a while at agreed purchase price of shares (in this case 16.50), and either drop or climb based on news following. Have experienced it both ways.
How about you?
Hey mailhot.......what do you think of RTI or ATI as a titanium play to replace this one......PCP is a little pricey ($180)....the lower pps seems to allow for the larger price swings. (both RTI and ATI are in the mid-twenties) Neal
Still digesting the purchase news. What do you think? What's your understanding of what happens financially at this point with our shares....do we get bought out (cashed out), or rollover to PCP shares? If a rollover, I would tend to stay with the Titanium play and keep that stock and add more. IMHO Neal
How about that news on Friday?????
Glad I accumulated over last couple of months!!!!!!!!!!!
I like the outlook for T...also 3D printing. Nice future potential. IMHO
Hi mailhot...glad to see someone else here......this stock is bouncing up in the short run....could be an interesting play for the presidential elections......Titanium could take A BIG JUMP IF ROMNEY IS ELECTED AND THEN somehow boosts space programs. Just an opinion. Neal
loaded up around 10.60..........having fun watching this go..
The bottom appears to have been put in place... finally!
Up Up and Up! Still below $15......I'm adding. Neal
Hello? anyone out there?
Bottom fishing....this looks good to me. Have been accumulating for past two months. Will continue while pps is low (below $15) Just my 2 cents. T will be in demand in the coming months and years. Neal
~ Monday! $TIE ~ Earnings posted, pending or coming soon! In Charts and Links Below!
~ $TIE ~ Earnings expected on Monday *
Want more like this? Search Keyword: MACMONEY >>> http://tinyurl.com/MACMONEY <<<
One or more of many earnings sites has alerted this security has or will be posting earnings on or around the day of this message.
http://stockcharts.com/h-sc/ui?s=TIE&p=D&b=3&g=0&id=p88783918276&a=237480049
http://stockcharts.com/h-sc/ui?s=TIE&p=W&b=3&g=0&id=p54550695994
~ Google Finance: http://www.google.com/finance?q=TIE
~ Google Fin Options: hhttp://www.google.com/finance/option_chain?q=TIE#
~ Yahoo! Finance ~ Stats: http://finance.yahoo.com/q/ks?s=TIE+Key+Statistics
~ Yahoo! Finance ~ Profile: http://finance.yahoo.com/q/pr?s=TIE
Finviz: http://finviz.com/quote.ashx?t=TIE
~ BusyStock: http://busystock.com/i.php?s=TIE&v=2
<<<<<< http://www.earningswhispers.com/stocks.asp?symbol=TIE >>>>>>
http://investorshub.advfn.com/boards/post_prvt.aspx?user=251916
*If the earnings date is in error please ignore error. I do my best.
Recent action has been ugly to say the least.
For the week: -3.98%
-1.74% is the scorecard for the week...
Down 3% last week but that doesn't bother me...
New Boeing 747 contains 15% titanium. Is that good for TIE? I had thought the percentage would be much higher? About 50% is a composite. Does the composite include titanium?
Nice gain! The share price is just about where I sold last year.
Good luck.
Trueheart
My friends, for the week: +4%!!!
Hey, FJ. I sold TIE some time ago for a loss of a couple of bucks a share. Not one of my best investments.
It's off my list of stocks to watch.
Good luck to you.
Trueheart
FWIW... bearish P&F price objective is 12 bucks.
$19.09 close.
Boeing's unraveling of the dreamliner affecting the share price?
May sell and take my licks.
Trueheart
$19.26 close.
Damn thing won't get up yhe one buck to my selling price.
Could be Boeing's delay in the dreamliner may affect the share price.
Trueheart
Hey, FJ, what's interesting is that TIE is not participating in the materials sector increase.
Trueheart
Today's action really hurt.
$18.84 close.
Don't know what to make of this stock other than the need to get out of it.
Trueheart
$19.32 close.
C'mon, baby, get up there so I can sell.
Trueheart
$20.26 close.
This damn thing gets close to my sell price, winks and me and then heads back down.
Trueheart
$19.85 close.
It appears to have hit a wall that it can't get over.
Trueheart
FJ, the daily average price has been increasing, a bump down occasionally.
Trueheart
Still looks to go higher...
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TIMET is the world's largest supplier of high quality titanium metal products. With its unique combination of strength, light weight, corrosion resistance and other metallurgical properties, titanium is used in hundreds of diverse aerospace, industrial and emerging applications where no other metal is as reliable or economical, especially on a lifecycle costing basis.
As a fully-integrated titanium manufacturer and distributor, TIMET's activities span every phase of titanium research, manufacturing and sales. We convert rutile ore into sponge; melt and refine ingot and slab; manufacture mill products; and distribute our products globally. We have the financial strength, capacity and technical solutions to meet the established demands for titanium and, as new uses for titanium accelerate, to lead the industry into the future.
North American Locations | European Locations | |
WORLD HEADQUARTERS NORTH AMERICAN OPERATIONS OFFICE RESEARCH and DEVELOPMENT HENDERSON MILL TORONTO MILL | WITTON MILL WAUNARLWYDD MILL SAVOIE LOTERIOS S.p.A. |
TIMET is the world's leading fully-integrated titanium manufacturer, controlling every step of the process, from refining titanium sponge (the commercially-pure, elemental form of titanium) to melting ingot and slab (from sponge, scrap and alloy elements), to forging mill products.
The first step in the production of sponge (so-called for it's sponge-like appearance) involves the chlorination of titanium-containing rutile ore, derived from Australian beach sand. Chlorine and coke are combined with the rutile to produce titanium tetrachloride (TiCl4), which is then reacted with magnesium in a closed system. The by-products are sponge and magnesium chloride. Using the Vacuum Distillation Process or Kroll-leach process, the magnesium and mag chloride are removed to be recycled.
The sponge is melted with scrap and/or alloying elements such as vanadium, aluminum, molybdenum, tin and zirconium in a Vacuum Arc Reduction furnance (to produce VAR ingots) or in an Electron Beam (EB) Cold Hearth furnace, to produce remelt electrodes which can then be VAR melted (typically to meet aerospace requirements) or direct cast to slabs.
VAR ingots (cylindrical shapes weighing up to 17,500 pounds) are forged to slabs (rectangular shapes) or billets (bar shapes). Ingots are also used for investment casting stock.
North American Operations | European Operations | |
Our state-of-the-art sponge plant in Henderson, Nevada converts rutile ore to the highest-quality titanium sponge partially through our unique Vacuum Distillation Process (20-million pound annual capacity) and by the Kroll-leach Process (12-million pound annual capacity). Using Vacuum Arc Remelting (VAR) furnaces, the Henderson plant has the capacity to melt up to 30 million pounds of ingot per year. TIMET pioneered triple VAR melting to produce titanium ingot that meets the critical rotating jet engine quality specifications. Research and Development facilities located at the Henderson plant are the most extensive and productive in the industry. Research scale equipment for all melting, forging and rolling is used to improve processes and develop new alloys to meet customer needs. In Toronto, Ohio ingots are forged into slabs, billets and bars. Slabs are subsequently hot rolled to sheet and plate or cold rolled for strip and welded tube applications. Billets and bars are produced to meet the highest quality standards in the world. Our Sendzimir cold rolling mill is the only dedicated titanium strip rolling facility in the world and our continuous vacuum annealing facility is the only one of its type. Our Morgantown Operations are totally integrated facilities for titanium scrap recycling, Electron Beam Cold Hearth Refining (EBCHR), Vacuum Arc Remelting (VAR), and casting of titanium and other specialty metals. For industrial and aerospace applications, we direct cast refined metal into a variety of remelt and starting stock products in various alloys. | At our plant in Witton near Birmingham, England raw materials, including sponge, are purchased to feed VAR melting furnaces with 16 million pounds of annual capacity. The plant then forges ingots into billet for aerospace applications, produces intermediate billet and slab for processing at our Wales facility and fabricates wire. Witton also houses our highly productive European research and development laboratory. At Waunarlwydd, Wales we produce hot rolled bar and fan blade plate for jet engine and medical applications. With an annual bar rolling capacity of 4 million pounds per year, this plant is one of the most significant suppliers of titanium bar in the world. Our fan blade plate is used in the newest technology jet engines and is supplied in both flat and proprietary taper-rolled forms. The Ugine, France facility purchases raw materials to melt approximately 4 million pounds of VAR ingot annually. These ingots are forged into both rotating and structural quality billet for aerospace applications. Our facility in Loterios covers both the marketing and production of titanium goods. Loterios specializes in marketing of Ti mill products and semis, like ingots, coils, sheets, wire, forgings and the like is carried on by an experienced sales team , with the support of a well organized Service Center. |
Service Centers | R&D | |
As part of TIMET's fully-integrated approach, we have international service center and distribution network that stocks the largest off-the-shelf inventory in the world and offers a host of value-added services. Complete Customer Support Inventory control and JIT delivery programs enable us to stock material according to your forecasts and ship as required. Coupled with scrap and surplus inventory buyback programs, this allows you to completely offload your titanium sourcing responsibilities and lower your operating costs. TIMET also boasts the world's most extensive dedicated titanium Research and Development facilities, with an emphasis on customer support, technical and laboratory services, and product and process development. We can quickly provide product and alloy data sheets and fabrication guidelines, via fax or web, and tap into our large private library of published and proprietary titanium research. TIMET Service Centers maintain the world's largest off-the-shelf inventory and dependably stock the industry's broadest range of product forms and alloys, so you can purchase what you need, delivered when you need it. We can provide anything from single pieces to heat lots and our mill ownership gives us the capacity to meet unusual demands. Small quantities are available for JIT and expedited shipping. You can depend on a single source with consistently competitive prices to meet all your titanium requirements. Products for Every Application Custom Productsare manufactured through our Service Center metal processing services. Machining blocks are cut to tight tolerances from billet and bar and delivered in small quantities with short lead times. Unique 'master plates' are cut to customer specs to meet block requirements that don't lend themselves to forging. Aerospace bar is stocked in rolled, forged or cut shapes and a full line of aero flatroll can be sheared or slit. Extrusions can also be manufactured to specific design shapes to reduce the need for machining. Worldwide Service Orientation To service the growing offshore energy exploration and production markets, TIMET's Loterios, S.p.A., in Milan, Italy serves as one of Italy's largest fabricators and distributors of titanium products and a leading supplier of large scale titanium mill products and supplementals for North Sea platforms. It has furnished a majority of the titanium fire- and service-water piping in the North Sea and offers considerable expertise and experience using titanium offshore. It also concentrates on supplying fluid handling components for corrosive environments to the CPI. At each Service Center, dedicated sales teams are responsive and informed, and empowered to satisfy your exact quantity, quality and delivery requirements. Commitments that are made, are kept, so you receive the metal you order, on time, ready for your immediate processing. Certified, Traceable Quality | TIMET's technical laboratories in Henderson, Nevada and Witton, England comprise the most extensive dedicated titanium research and development facilities in the world. Our internationally-recognized labs have superior, proven capabilities in developing new alloys, applications, products, and melting and processing techniques. In fact, TIMET labs have been responsible for a wide array of 'firsts,' including the continuous leaching process for sponge production, consumable-electrode vacuum melting and continuous sheet rolling. Virtually all the commercially significant, proprietary alloys developed in the past 25 years have been invented by our labs. TIMET labs also support our manufacturing plants. Chemists and research engineers consult with plant metallurgists on manufacturing processes to assure the highest quality, optimize yields and minimize costs, to ultimately benefit TIMET customers. Both existing and potential customers benefit from our wealth of technical experience in aerospace, industrial and emerging applications. We devote significant time resources to answering technical questions, by drawing on a large private library of published and proprietary titanium articles. We welcome collaborative programs aimed at solving specific customer problems and reducing production costs. The Henderson Technical Lab is located adjacent to our primary sponge manufacturing plant and alloy melt shop, in Henderson, Nevada. It functions as our alloy and product development center, provides sales and marketing assistance and offers toll contract services. To manufacture small quantities of titanium alloys for customer evaluation, quickly and with complete confidentiality, our pilot scale melt and forge facility houses the industry's most complete small-scale VAR melt shop. HTL is capable of producing small 'button' melts of 0.5 lbs and ingots ranging from 6" diameter weighing 15 lbs to 18" diameter weighing 1800 lbs, in customer-specified compositions. Pilot scale finishing services include forging (250 ton press), hot and cold rolling (up to 7" wide flat, 1" diameter round), heat treating, machining, pickling, chemical analysis and mechanical testing. Our research scale melting, forging and rolling equipment is also used in process improvement trials and evaluations. For corrosion analysis, we assist in material selection and perform failure analysis and in-situ evaluations. Our corrosion lab offers uniform, crevice, pitting, stress corrosion and hydrogen absorption testing. For electrochemical studies, we perform AC Impedance and DC Polarization testing. ICP, DCP, AA and Gas Analysis testing, as well as routine and 'one of a kind' analytical services, are also available. Additional equipment includes Scanning Electron Microscopes with micro-analytical capability and full metallographic preparation equipment. Any of HTL's services can be quoted as toll contract work and many of these services are free to TIMET customers. News Releaseshttp://finance.yahoo.com/q/h?s=TIE SEC Filingshttp://www.timet.com/fi_cc/secText.asp?secTextLink=6479649+%26+doc=+%26+attach=on Nearly 2 Years of Astounding Insider Accumulation! |
Board of Directors | Last Annual Report - 2008 | |
Harold C. Simmons, Chairman
Steven L. Watson, Vice Chairman
Glenn R. Simmons Glenn R. Simmons has been a director of TIMET since 1999. Mr. Simmons is Chairman of the Board of Keystone and CompX. Since 1987, Mr. Simmons has been Vice Chairman of the Board of Valhi and of Contran. Mr. Simmons has been an executive officer and/or director of various companies related to Valhi and Contran since 1969. Mr. Simmons is also a director of NL and Kronos. Mr. Simmons is the brother of Harold C. Simmons. Keystone, Valhi, NL, Kronos and CompX may be deemed to be affiliates of TIMET. Lt. General Thomas P. Stafford Lt. General Thomas P. Stafford (retired) was reappointed to the TIMET Board of Directors in January 2006. Gen. Stafford previously served on TIMET's Board of Directors from 1996 until 2003. Gen. Stafford also has served on the boards of directors of numerous public corporations listed on the NYSE, and currently serves on the board of NL Industries, Inc. and is chairman of NL's audit and management development and compensation committees. Gen. Stafford was selected as an astronaut in 1962, piloted Gemini VI in 1965 and commanded Gemini IX in 1966. In 1969, Gen. Stafford was the Apollo X commander for the first flight of the lunar module to the moon, descending to 10 miles above the moon and selecting the first lunar landing site. He was then named Chief of the Astronaut Office. He commanded the Apollo-Soyuz joint mission with the Soviet cosmonauts in 1975. Gen. Stafford left NASA in 1975 to command the Air Force Flight Test Center. In 1978 he was promoted to Lieutenant General and to U.S. Air Force Deputy Chief of Staff for Research and Development. After his retirement from the U.S. Air Force in 1979 as Lieutenant General, he became chairman of Gibraltar Exploration Limited, an oil and gas exploration and production company, and served in that position until 1984, when he joined General Technical Services, Inc., a consulting firm. Gen. Stafford was also affiliated with Stafford, Burke and Hecker, Inc., a Washington-based consulting firm, from 1982-2005. Gen. Stafford has more recently served as an advisor to a number of governmental agencies including NASA and the Air Force Material Command. He is currently Chairman of the NASA Advisory Council Task Force on the International Space Station Program, and also served as Co-Chairman of the Stafford-Covey NASA Space Shuttle Return to Flight Task Group. Gen. Stafford is chairman of each of the Audit Committee and the Management Development and Compensation Committee. Paul J. Zucconi Paul J. Zucconi has been a director of TIMET since 2002. In 2001, Mr. Zucconi retired after 33 years at KPMG LLP where he was most recently an audit partner. Mr. Zucconi is a member of the American Institute of Certified Public Accountants ("AICPA") and is involved in developing the professional development courses for the AICPA. Mr. Zucconi also serves on the Board of Directors and Audit Committee of Torchmark Corporation, a major life and health insurance company, and the Board of Directors of the National Kidney Foundation of North Texas, Inc. Mr. Zucconi is a member of the Audit Committee and is the Audit Committee "Financial Expert". Keith R. Coogan Keith R. Coogan has been a director of TIMET since 2006. Mr. Coogan is chief executive officer and a director of Pomeroy IT Solutions, Inc., an information technology services and solutions provider. From 2002 to 2006 Mr. Coogan served as chief executive officer of Software Spectrum, Inc., a global business-to-business software services provider that Level 3 Communications, Inc. sold to Insight Enterprises Inc. in 2006 and that from 1991 to 2002 was a publicly held corporation. From 1990 to 2002, he served in various other executive officer positions for Software Spectrum, Inc., including vice president of finance and operations and chief operating officer. He also serves as a director of Kronos and a member of Kronos's audit committee. Mr. Coogan serves on TIMET's Audit Committee, Management Development and Compensation Committee, and the Nominations Committee.
Terry N. Worrell, served as a director of TIMET in 2003 before becoming a director of NL Industries, Inc., where he continues to serve as a director and member of NL’s audit committee. Mr. Worrell has been a private investor with Worrell Investments, Inc., a real estate investment company, since 1989. From 1974 to 1989, he was president and chief executive officer of Sound Warehouse of Dallas Inc., a chain of retail music stores. Mr. Worrell is a also director of Regency Centers Corporation, a real estate investment trust. Mr. Worrell serves on TIMET's Audit Committee. | http://www.timet.com/pdfs/08annual.pdf Transfer Agent -American Stock Transfer and Trust Company ("AST") AST acts as transfer agent, registrar and dividend-paying agent for TIMET and maintains all stockholder records for TIMET. All inquiries about accounts and other related matters should be directed to AST via their website, telephone or in writing, as above. When requesting information, stockholders must provide their taxpayer identification number (or Social Security number), the name(s) in which their shares are registered and the record address. Contact Investor Relations -For more information email us: investor.relations@timet.com Markets -Aerospace -Commercial Aerospace Jet Engines Our fan blade plate is used in the newest technology jet engines, where wide chord fan blades increase efficiency while reducing noise. We are the only source of both flat and proprietary taper rolled fan blade plate. Airframes Industrial -TIMET initiated widespread use of titanium for corrosion resistance through the development of our Coderoll® product line. Today, TIMET products are ASME Code certified for use in hundreds of industrial applications, and we are one of the world's largest supplier to the industrial market segment. The uses for titanium in industry are growing faster than ever before as more and more engineers are discovering it can reduce lifecycle costs across a broad range of equipment and processes. Titanium has an exceptionally high strength to weight ratio. Titanium's favorable density (approximately half that of ferrous and nickel based metals) means that when equipment costs are calculated on a per unit area of measure basis, rather than per pound, the differential cost of material required narrows dramatically. In other words, about half as much titanium is required to do the same job, based on strength, or the same weight of titanium will go twice as far. Further closing the gap, when applied properly, titanium requires no corrosion allowance; pressure and structural requirements for the system are the only criteria for specifying wall thickness. Any remaining higher up front costs are almost always recouped in multiple due to increased production time and reduced maintenance. Titanium forms a very tenacious surface oxide layer, which is an outstanding corrosion inhibitor. In many harsh environments it can can outlast competing materials as much as 5%3A1. Lower failure rates translate to less downtime, reduced maintenance and total lower cost. As a result, TIMET titanium has found a home in numerous industries ranging from power generation to chemical processing to desalination plants. In power generating plants, where saline, brackish or polluted waters are used as the cooling medium, titanium thin wall condenser tubing will last for the life of the condenser (with a 40-year warranty against failure under proper conditions) and eliminate the need for a corrosion allowance. Our facility in Loterios was a promoter of titanium usage for pipe and fittings in the North Sea oil platforms: years of supplying pipe, flanges and specialty items has gained LOTERIOS the reputation of being an outstanding leader in the Offshore market. Many chemical processing operations specify titanium to increase equipment life. It offers lifecycle cost advantages over copper, nickel and stainless steel grades, while providing initial cost advantages over materials such as high nickel alloys, tantalum and zirconium. For more information on corrosion resistant alloys for the Chemical Processing Industry, Oil & Gas -In petroleum exploration and production, titanium pipe's light weight and flexibility make it an excellent material for deep sea production risers. In addition, titanium's immunity to attack by sea water makes it the preferred material for topside water management systems. It is used on existing platforms in the North Sea and many more projects are in the planning stages. And since it shows virtually no corrosion in salt water, titanium is also the material of choice in desalination plants worldwide. For more information email us: titaniumoil&gas@TIMET.com TIMET manufactures alloys for dozens of other industrial purposes, such as flue gas desulphurization for pollution control, PTA plants for polyester production, pressure vessels, heat exchangers, and hydrometallurgial autoclaves. Each grade is tailored to specific operating conditions, emphasizing strength for different pressures, alloy content for different corrosive agents and ductility for different fabrication requirements. |
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