Terra Firma Capital Corp. 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

Terra Firma Capital Corp. > Good quarteru

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Comment by ClemFandangoon Nov 15, 2019 1:29pm

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Post# 30357482

RE:RE:RE:Good quarteru

Method wrote:

ClemFandango wrote:

Method wrote:
C$0.24 in EPS and book value to $9.24. ROE is now over 10%.

It's just a matter of time before it goes up or gets bought up.

Tricon Capital is trading at about 10.7 times earnings, so TII should probably trade at a comparable multiple. In 3 quarters so far this year, TII has ~ C$.51 in eps.

So where do you think it should be trading?

Assuming they can do another $.20 C in Q4, I would say at least $7.50 but that is still far below book value. Bottom line is I think it is grossly undervalued currently.

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