Terra Firma Capital Corp. TFCCF

RE:RE:Earnings

[Centerice9]

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.