Titan Logix Corp V.TLA

STRONG DEMAND FOR NEW TANKER BUILDS !!!

[mlmack]

That is the key phrase in the MD&A. If we assume a 50% increase in revenue next quarter, leave the profit margin at 58% and take out the one time 253K executive termination fee I get the following, revenue 1.63M, gross profit 945K, expenses 650K, operating profit 295K interest income 142K, profit 437K or $0.015/share. Revenues and profits should grow each quarter from there. The only fly in the ointment I see is the supply chain issues.

[nozzpack]

Nice to see that volume is returning as new investors begin to recognize the value of this company

[mlmack]

It looks like TLA is in the same position as 2013, on the verge of a super tanker build cycle. In 2014 and 2015 TLA produced quarter after quarter of $4 - $5 million in revenues and profits of $0.02 - $0.04. That is were a large part of the current cash hoard was generated. The only two issues holding back a repeat are supply chain hitting revenues and management taking the company private at

[mrmoribund]

Management will not take the company private. For starters I think they are basically honourable, decent people who are trying to do their best for all shareholders. On the off-chance that they did aspire to take the company private . . . well . . . for starters they'd have to get a professional valuation. Mindblowing expensive. Then potential shareholder pushback. Ain't gonna happen

[mlmack]

As a Redline Communications shareholder I wish all takeouts required a professional valuation but not so. The board gets an offer, they get major shareholders on board, vote and done. Zucker Trust controls the company with over 30% of the shares. If private equity comes along with an offer they like and a few other larger shareholders, we're sold .

[mrmoribund]

Always requires a valuation if it's bought by INSIDERS. If it's bought by an outside party then it's only necessary to show that the sale process was handled properly--so that bidding was fair and competitive. But hey, this is usually what selling shareholders want--get bought out at a big premium. If you got bought out by an outside party at what seemed like a low price then there

[Daudau11]

I don't mind takeover but I do mind it at $0.75 ....

[mrmoribund]

I wouldn't count your chickens just yet. Though no doubt the cycle is right now turning in the right direction, it is also more widely understood than in 2013-15 that anything oil & related is going to be ultimately in long-term decline. Doesn't mean there can't be a few good years but, at the same time, I doubt anyone will ever do a buyout of TLA because they'll know that in