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Titan Logix Corp V.TLA

Alternate Symbol(s):  TPCFF

Titan Logix Corp. is a technology company. The Company specializes in mobile liquid measurement solutions. It has designed and manufactured mobile liquid measurement solutions to enable businesses to reduce risk and maximize efficiencies in bulk liquid transportation. The Company’s solutions are designed for hazardous and non-hazardous applications, and serve customers in a range of applications, including petroleum, environmental solutions, chemicals, and agriculture. It serves the petroleum, chemical, and water markets with the TD100 series products (transmitter, probe and display), offering fleet operators accurate level measurement, reliable overfill protection, and a variety of automation, integration, and control capabilities for their tanker truck operations. It delivers its mobile tanker solutions to the market through partnerships with original equipment manufacturers (OEMs), dealers, and private fleets across Canada, the United States, and Mexico.


TSXV:TLA - Post by User

Bullboard Posts
Post by TheRock07on Oct 19, 2016 6:55pm
240 Views
Post# 25363461

Outstanding Buy

Outstanding BuyWhat's there not to like.
$0.50 per share in cash and no debt .

Titan continues to maintain its market share for level measurement and control devices in a significantly smaller crude oil tanker construction market in the face of the dramatic downturn in the upstream crude oil market. 

Oil prices show every indication that stabilization around $55 to $65 seems likely.

Natural gas prices are at a 3 year high

Titan's proprietary TD80/Finch II/RCM technologies continue to be widely accepted. Due to the large install base and market share of these products Titan is focused on new market opportunities including existing tanker retrofit sales, gauging sales in the upstream storage tank market, as well as gauging sales in mobile and storage tanks in downstream markets.

Titan has taken a number of steps to position itself in this new market reality:

 

  • It has a priority in the short term to preserve its balance sheet and has undertaken cost-reduction measures which include a significant reduction in its work force over the course of the last two fiscal quarters.
  • It is in the process of closing its Saskatchewan warehouse and service facility and transitioning to a new value-added reseller program in that market.
  • It has performed an intensive review of its research-and-development program and has rationalized the program focusing only on high-potential strategic initiatives.
  • It is continuing to develop its core technologies and new products and partnerships that will allow it to expand into new markets.
  • It continues to pursue new business opportunities to leverage Titan's expertise and capital.
The last time oil was in $60 range, Titan traded in the $1.20 range.

Lean and mean with loads of cash, TLA is very undervalued and might be sold soon..
Bullboard Posts