The company expects to soon roll out the very first driverless vehicles onto the streets of Singapore.
Pinnacle Auto Appraisers' Blog
Thermoplastic elastomer (TPE) supplier Kraiburg TPE will have a dual presence at K 2019 in Düsseldorf. At both booth C58-4 located in “Rubber Street” in hall 6 and its ideas factory at booth E22, the manufacturer will address major challenges and trends the growing TPE business is facing.
New TPE compounds pass migration tests even when in contact with foods that contain fat.
"K is the most important leading trade fair for innovation in the global plastics and rubber market and sets the course for the industry,” says Franz Hinterecker, CEO at Kraiburg TPE. “Our trade fair appearance will focus, among other things, on new TPE compounds that pass migration tests even when in contact with foods that contain fat. Trade fair visitors may also look forward to exciting new developments in the fields of emission and odor relating to interior applications and in the field of thermoplastic elastomer hybrids. In addition, we will present new materials with adhesion to ASA and PMMA for exterior applications.”
Two custom-engineered compound series feature significantly improved migration control as compared to common TPEs and are particularly suited for closure systems, valves, and seals for packaging with direct contact to foods that contain fat. This material technology develops recipes with minimal migration potential that can be precisely calculated.
TPE compounds with a secure, optimized odor and emission behavior for interior automotive applications will also be on show. In recent years, Kraiburg TPE has been intensively occupied with the factors that influence odor and emissions. Together with an independent testing institute, we have thoroughly examined raw materials and sample histories as well as packaging and test methods in order to develop market-oriented materials and bring an ultra-low-emission material to market.
TPE compounds with enhanced UV resistance and adhesion to plastics for exterior automotive applications including ASA, EPDM, and PMMA are another show highlight. New custom-engineered thermoplastic hybrids (TEHs) that provide superior chemical and thermal resistance and thus fill the gap between classic elastomers and thermoplastic elastomers. Depending on application profile and applications, Kraiburg TPE combines appropriate elastomers with thermoplastics to achieve the right thermoplastically processable material solutions.
The expanded product portfolio, with its improved emission and odor values as well as its migration results, meets strict requirements worldwide and thus minimizes risk and may accelerate the launch of new applications. The expansion of material solutions for the packaging market has been targeted to cover also high-end applications.
Every investor in Talbros Automotive Components Limited (NSE:TALBROAUTO) should be aware of the most powerful shareholder groups. Institutions often own shares in more established companies, while it's not unusual to see insiders own a fair bit of smaller companies. I quite like to see at least a little bit of insider ownership. As Charlie Munger said 'Show me the incentive and I will show you the outcome.'
Talbros Automotive Components is a smaller company with a market capitalization of ₹1.3b, so it may still be flying under the radar of many institutional investors. Our analysis of the ownership of the company, below, shows that institutional investors have not yet purchased much of the company. Let's take a closer look to see what the different types of shareholder can tell us about TALBROAUTO.
NSEI:TALBROAUTO Ownership Summary, August 13th 2019
What Does The Institutional Ownership Tell Us About Talbros Automotive Components?
Institutional investors commonly compare their own returns to the returns of a commonly followed index. So they generally do consider buying larger companies that are included in the relevant benchmark index.
Institutions own less than 5% of Talbros Automotive Components. That indicates that the company is on the radar of some funds, but it isn't particularly popular with professional investors at the moment. If the company is growing earnings, that may indicate that it is just beginning to catch the attention of these deep-pocketed investors. When multiple institutional investors want to buy shares, we often see a rising share price. The past revenue trajectory (shown below) can be an indication of future growth, but there are no guarantees.
NSEI:TALBROAUTO Income Statement, August 13th 2019
Talbros Automotive Components is not owned by hedge funds. There is a little analyst coverage of the stock, but not much. So there is room for it to gain more coverage.
Insider Ownership Of Talbros Automotive Components
The definition of company insiders can be subjective, and does vary between jurisdictions. Our data reflects individual insiders, capturing board members at the very least. The company management answer to the board; and the latter should represent the interests of shareholders. Notably, sometimes top-level managers are on the board, themselves.
Most consider insider ownership a positive because it can indicate the board is well aligned with other shareholders. However, on some occasions too much power is concentrated within this group.
It seems insiders own a significant proportion of Talbros Automotive Components Limited. It has a market capitalization of just ₹1.3b, and insiders have ₹229m worth of shares in their own names. I would say this shows alignment with shareholders, but it is worth noting that the company is still quite small; some insiders may have founded the business. You can click here to see if those insiders have been buying or selling.
General Public Ownership
The general public, with a 34% stake in the company, will not easily be ignored. This size of ownership, while considerable, may not be enough to change company policy if the decision is not in sync with other large shareholders.
Private Company Ownership
We can see that Private Companies own 46%, of the shares on issue. Private companies may be related parties. Sometimes insiders have an interest in a public company through a holding in a private company, rather than in their own capacity as an individual. While it's hard to draw any broad stroke conclusions, it is worth noting as an area for further research.
While it is well worth considering the different groups that own a company, there are other factors that are even more important.
Many find it useful to take an in depth look at how a company has performed in the past. You can access this detailed graph of past earnings, revenue and cash flow .
Ultimately the future is most important. You can access this free report on analyst forecasts for the company.
NB: Figures in this article are calculated using data from the last twelve months, which refer to the 12-month period ending on the last date of the month the financial statement is dated. This may not be consistent with full year annual report figures.
We aim to bring you long-term focused research analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material.
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