OTCPK:TFCCF - Post by User
Comment by
Methodon May 15, 2019 9:56am
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Post# 29749545
RE:Earnings
RE:EarningsCenterice9 wrote: It is actually amazing that no matter what news or business development the company announces, nothing ever manifests itself in improved earnings. The earnings are still basically NIL. The net book value per share is CAD$0.89 while the stock is at $0.48. At some point they have to seek to maximize shareholder value.
Earnings look better if you back out share based compensation and legal fees associated with Urbancorp. Presumably both will not be back next quarter. I think they can earn 2 cents next quarter and if that’s 8 cents annualized. It’s at 6x earnings.