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Terra Firma Capital Corp. V.TII


Primary Symbol: TFCCF

Terra Firma Capital Corporation is a publicly traded real estate finance company that provides customized debt and equity solutions to homebuilders, developers and property owners. Terra Firma focuses on quality commercial and residential development land and project financing. They target urban and suburban developments in high growth markets in the United States and Canada.


OTCPK:TFCCF - Post by User

Comment by Methodon Sep 01, 2019 2:31pm
82 Views
Post# 30087363

RE:Give this company 9 months

RE:Give this company 9 months
Thesweetheart wrote:
and you will be bought out at 75-80!


That seems low. Don’t forget book is $0.91 and will probably be closer to $1.00 in a year.

I heard the CEO say at the AGM that they could sell it for $1/share but they are trying to build a much bigger business. Perhaps, if it keeps trading at such a big discount to book, the BOD will get frustrated and sell the business. Meanwhile, I hope they keep growing and buying back stock. 

The key drivers are ROE and book value. We need the former to get firmly over 10% for us to trade at a premium to book. Everything else is just noise and the price being back in the 0.50s is an opportunity.

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