Tuesday, August 07, 2007

Sources In London Say A Russian Metals Tycoon Is Looking At GM and Other US Assets

As you know, we follow the best metals companies, but Russians buying into GM? We think that more and more foreign tycoons are interested in top quality US assets. With all the insider buying going on in Titanium Metals (TIE- NYSE) we can see someone taking a strong interest in the US's #1 Titanium company as well. Analysts have a target on TIE at $41 and earnings and expansion plans seem to suggest that TIE is on the fast track to continue their 23% ROA and 38% ROE. The Rolls-Royce Trent 1000, launch engine for the Boeing 787 Dreamliner, has received its airworthiness certification on schedule as well. Click - For News

Question: Why all the insider buying here? Unlike anything that we have ever seen. Ever! What does Harold Simmons know that we don't? Is he setting his company up to go private accumulating all the float? Click - For News