Fri, Aug 1, 2014, 1:42 PM EDT - U.S. Markets close in 2 hrs 18 mins

Recent

% | $
Click the to save as a favorite.

Titanium Metals Corporation Message Board

you are viewing a single comment's thread.

view the rest of the posts
  • raybans2 raybans2 Jan 13, 2006 5:10 PM Flag

    Soaring aircraft sales article on MSNBC

    I don�t think you will get them to disclose the details of their LTAs simply because in order to tell us, they will be telling their competitors as well. I�m sure that in the contract wording, that BA has promised to not disclose and pricing information to any of TIEs competitors. There are numerous reasons why they don�t what their competitors to know these details. In a highly competitive market you don�t want them to know how cheap you are so they can�t underbid you the next time. In a non competitive situation where you can sell all you can make, like it is now, you don�t want them to know how much money your making so they will maybe agree to sell their metal for less, make less profit, and as a result not be as well capitalized as you are. Competition between companies is like war and all this info. is top secret need to know. I believe that they negotiate LTAs at prices lower than the spot market so that they can lock in a guaranteed long term order at known price. This allows then to plan their finances based on know numbers. At times like this, I�m sure they want their competition to sell their metal at a lower price giving TIE more profits for plant expansions, process improvements, allowing them to incur less debt, etc., etc. As a result they will be more competitive in the future and capable of getting larger market share.

 

Trending Tickers

i
Trending Tickers features significant U.S. stocks showing the most dramatic increase in user interest in Yahoo Finance in the previous hour over historic norms. The list is limited to those equities which trade at least 100,000 shares on an average day and have a market cap of more than $300 million.