On BNNM.Takascy just talked about TVA on BNN TV.It's one of his top 3 pick
The show will be on replay tonight at 18:30.You will have to listen to the end
since he talked about TVA in the last 4 minutes of the program.
He ans i have the same views on TVA.
He said the company is a cash machine, it generates 80 million in EBITDA.
80 cents in earnings.Trades at 2 time EBITDA and 4 time P/E.
He also said "were can you find a cheaper,higher quality than that?
He said that he honestly believe that one day the company will be privatized.
Applying a reasonable 6 time EBITDA, we will get north of $10.
On day, the deap chasm that exist between the assets value, the profitability and the pristine
balance sheet of TVA will be reflected in the selling price of this company.
It's always funny how investors mind works.When the stock is dirt cheap, investors stay
away, thinking that there must be something wrong with the company.
When it starts to appreciate (What is starting to happen right now), then investors
confidence pick up.
While the volume is as usual, very low, technically, it is very strong.There is no head resistance.
We will see this stock in the $5 to $6 before year end.