OTCPK:TFCCF - Post by User
Comment by
Methodon May 15, 2019 3:40pm
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Post# 29749844
RE:RE:RE:Earnings
RE:RE:RE:EarningsCenterice9 wrote: You are right. But even at 8 cents per share of annual earnings, it is hard to imagine having a trading price near the book value per share. Of course as they achieve these earnings the net book value will continue to grow as well given that there is no dividend. I have held onto these shares despite the longer term downward pressure simply because I believe that at some point, the company needs to be privitized. Cutting off the public company expenses would be quite material. In short, they have all of the costs of being public but really are reaping no benefits of such.
Last year they talked about a dividend or an acquisition at the AGM but have done nothing. Now with Urbancorp in the rear view, maybe things can change.