MIDAS SHARE TIPS UPDATE: 株 in parts 製造者 Trifast up by 150% as it gets nuts and bolts of 商売／仕事 権利?

By JOANNE HART FOR THE MAIL ON SUNDAY

Updated:

Innovation:?Trifast is run by Malcolm Diamond

革新:?Trifast is run by Malcolm Diamond

Nuts and bolts specialist Trifast is proof of just how 井戸／弁護士席 a 商売／仕事 can do when the 管理／経営 knows what it is doing, the company has a （疑いを）晴らす 戦略 and there is a real 決意 to 後継する.

In February 2009, as the 財政上の 危機 攻撃する，衝突する home, Trifast 株 sank to below 10p. Former 長，指導者 (n)役員／(a)執行力のある Malcolm Diamond （機の）カム out of 退職 to become (n)役員／(a)執行力のある chairman and, with the help of then 財政／金融 director 示す Belton, 回復するd the 商売／仕事 to health.

Midas last recommended the 在庫／株 almost three years ago, in March 2014, when the 株 had 回復するd to 80p.?

They have risen by 150 per cent to 200p since then and should 配達する その上の growth over the next few years.

To many outside 観察者／傍聴者s, one group of nuts and bolts is very much like another. However, Trifast is different.?

The group derives more than 70 per cent of sales from three 部門s: 自動推進の, electronics and 国内の 器具s.

In each area, Trifast will often work with its 顧客s ? car 製造者s, computer 製造業者s, white goods 会社／堅いs ? to create 製品s that solve 明確な／細部 problems.

One car 製造者 was having 問題／発行するs with a 倍の-支援する seat on a people 運送／保菌者. Trifast designed a widget that enabled the seat to recline 適切に.

And a washing machine needs fasteners inside the 派手に宣伝する to make sure it stays in place en 大勝する from the factory to the home. Trifast created a 選び出す／独身 製品 to 直す／買収する，八百長をする the 派手に宣伝する in place, rather than several fiddly fasteners.

Skill: The firm uses skilled labour and technology to create bespoke products for clients

技術: The 会社／堅い uses 技術d 労働 and 科学（工学）技術 to create bespoke 製品s for （弁護士の）依頼人s

The company is headquartered in Uckfield, East Sussex, but it 作品 in more than 60 countries, 配達するing 150 million 構成要素s every day to 顧客s 範囲ing from individual workshops to large 多国籍のs.

Having disappointed 株主s so 残酷に after the 財政上の 危機, Trifast does not want to repeat the same mistakes, so it is known for taking a 用心深い 姿勢 over the 未来.

Nonetheless, Diamond 認める earlier this month that results for the year to March 31 are likely to be ahead of 期待s and that the company is 井戸／弁護士席 positioned for long-称する，呼ぶ／期間／用語 growth.

In 2014, Trifast 利益（をあげる）s were £9.16million. This year, the company is 推定する／予想するd to produce about £19.5million, so the 人物／姿／数字s will have more than 二塁打d in the past three years.?

英貨の／純銀の 証拠不十分 will have 上げるd the results by about £1million, but even stripping out 通貨 影響s, the 増加する is impressive.

A （株主への）配当 of 3.15p is 予測（する） for 2017, an 増加する of 12.5 per cent over last year. 安定した 増加するs in both 利益（をあげる）s and （株主への）配当s are 推定する／予想するd in 2018 and beyond.

Lessons learnt:?Having disappointed shareholders so brutally after the financial crisis, Trifast does not want to repeat the same mistakes

Lessons learnt:?Having disappointed 株主s so 残酷に after the 財政上の 危機, Trifast does not want to repeat the same mistakes

Diamond, now 68, spent 18 years as 長，指導者 (n)役員／(a)執行力のある of Trifast, retired in 2002 and has now spent a その上の eight years as (n)役員／(a)執行力のある chairman.?

In April, he is stepping 負かす／撃墜する to 非，不，無-(n)役員／(a)執行力のある chairman ? not 放棄するing the reins 完全に, but taking a more part-time 役割.?

There are no 関心s about succession planning, however. Belton, another Trifast lifer, was 促進するd to 長，指導者 (n)役員／(a)執行力のある in 2015 and has 証明するd himself eminently 有能な.

Midas 判決: Trifast has gone from strength to strength over the past three years, growing organically and through 井戸／弁護士席-placed 取得／買収s.?

The next three years should produce more of the same. 経済的な worries are growing in the UK but いっそう少なく than 30 per cent of Trifast sales are 生成するd in this country.

存在するing 株主s should 持つ／拘留する. Long-称する，呼ぶ／期間／用語 投資家s could also derive value from this 在庫／株.

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