OTCPK:TNGZF - Post by User
Comment by
Backwardbladeon Jun 28, 2015 2:00pm
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Post# 23875259
RE:Slow 2 months
RE:Slow 2 monthsA few analysts have accused them of a certain lack of due diligence in the past. Especially considering the loss they incurred last year. We are getting paid a dividend already and it is paid on the investments it has made already. That is good. It is better to stay in cash and invest prudently, and slowly over the long term rather than invest quickly into questionable deals where not only the cash dissappears but also the long term funds flow it is supposed to buy.
It is a leap of faith at these penny prices as it is. Even if you get one good deal a year, and even a 5% increase in dividend payout you are beating inflation, and getting funds flow at less than NAV.
This is a very attractive stock to those who enjoy a little risk and get paid a decent dividend on the backs of the consumer in a low interest rate environment. At these prices a guy can buy a boatload of stock for a few dollars with a one year potential of a 20-30% return.
As interest rates rise, this will become a very attractive alternative to some up and coming entrepreneurs who will have a hard time getting attractive rates from the banks who are will make it hard to borrow as they to are waiting for the jack up, as miniscule as it is predicted to be.
I say the waiting, in this case, is a good thing.
GLTA