TYTN - Revenues and Assets Growing, Liabilities and Costs Declining

TYTN's quarterly report was released last month with very little fanfare.  If you take a brief glance at it you can see this is a company that is growing, while at the same time reducing costs and debt, making this stock undervalued at its current price per share.

For those of you unfamiliar with TYTN, it was a shell stock until late last year (do a search for TYTN on this blog and you will find a few posts I did last year). Tytan International, Inc. was brought into the shell.  This company has been around for many years and is at the stage were it is starting to grow at an ever increasing pace.

This is a quick snippet from the company overview:

Tytan Holdings, Inc. entered into a Letter of Intent in regards to acquisition of Tytan International, Inc.
which is a tractor company with exclusive manufacturing agreements in China. With the recent explosion of the Chinese Automobile
Industry, there has been a huge boom in Quality. Tytan will be there with a new Era of Products in 2010 that will meet or beat any
competitor's products, and at prices the Consumers can afford.
Tytan International, Inc. has been part of a plan that started in 2004. Mark Leonard the founder was the first pioneer of tractors from
China to the USA. He was responsible for developing such things as power steering, two stage clutches, live engine run hydraulic pumps,
hydraulic remotes and much more. Mark's trademarked name at the time was Rhino International Inc.
Rhino grew to the 150 dealers in a 4 year period, after it had completed its product improvements. Rhino was primarily known as
"function at a very good price". No other tractor factories were able to compete with Rhino's improvements under Mr. Leonard’s
leadership.



Consider the global economic recovery you have been hearing about on the financial networks and newspapers and it is safe to assume this will affect Tytan in a very positive way.  Tytan is in a cyclical industry, one that benefits greatly in times of economic growth, and falters in times of contraction and recession.  It seems we are on the cusp of growth both here and abroad.  China, one of Tytan's areas of business, just posted amazing growth numbers for the last quarter.

Global Times China has dubbed TYTN's CEO the "Father of the Chinese Tractors" in a recent article.  http://www.tytanholdings.com/news/gtc.pdf   That should give you a good idea of TYTN's foothold in China.


It gets better.  The company is expecting a 43% growth in revenue for 2010.  That is on top of already growing numbers in 2009.  This bodes well for future earnings reports.


The market is always looking ahead.  By the time TYTN's earnings have soared this stock will be fully valued.   The way to make money in these markets is to find the undervalued stock before the market does.


It's time to put TYTN on your watchlist, if it is not already there.