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Ann: FY18 Results Presentation, page-9

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Padova

137 Posts.

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14/09/18

14:20

Post #: 35605817
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Originally posted by Padova ↑

Hi Daz,

I'm no expert on TTI, but then again this is Hot Copper.

Around 6 months ago there was a debt restructuring, the restructure knocked off 12 million in debt and was facilitated by a 6Mill cap raise.
This restructure should mean a rerate as debt reduction would feed into an increased MC.
I do think this stock is cheap, all variables and inputs to be considered. If I had $20million I could have a company debt free producing a few mill profit a year, not to mention equity is higher than MC from my understanding.

IMHO it's cheap because;

1. The after effect of the cash raise is still being processed, but enough volume has gone through that it should be normalising soon.
2. There is still a few years debt left, but we can hope that EBITDA increases with enhanced tech that has been implemented in the last year's. This could mean no dividends for a while.
3. Profit margins on revenues is low, ~58mill revenue and ~4Mill profit, could be better, but manufacturing doesn't get as much as services st the end of the day.
4. Lastly, this stock is lightly traded and under the radar, it's just not popular and smartmarket theory doesn't really apply here.

At the end of the day it's unloved, in my perception undervalued otherwise I wouldn't be holding.

Looking at the charts a slight uptrend is there so I'm not worrying about the recent move down from 4c.

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Sorry, most of this was in response to Nickel

TTI Price at posting: 3.3¢ Sentiment: Buy Disclosure: Held
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0 Great analysis

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(20min delay)
Last 0.4¢		Change 0.000(0.00%)		Mkt cap ! $3.891M

Open	High	Low	Value	Volume
0.0¢	0.0¢	0.0¢	$0	0

Buyers (Bids)

No.	Vol.	Price($)
13	6598787	0.3¢

Sellers (Offers)

Price($)	Vol.	No.
0.4¢	4393	1

View Market Depth

No.	Vol.	Price($)
13	6598787	0.003
8	3083666	0.002
3	3800999	0.001
0	0	0.000
0	0	0.000

Price($)	Vol.	No.
0.004	4393	1
0.005	1118120	5
0.006	1300000	2
0.007	100000	1
0.008	327000	3

Last trade - 16.12pm 11/10/2024 (20 minute delay)

TTI (ASX) Chart

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Ann: FY18 Results Presentation, page-9

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Ann: FY18 Results Presentation, page-9

Top Stories

NRW Holdings inks $109M deal with BHP for works at Jimblebar

Defence MOU for propulsion systems pushes Aurora Lab shares higher

The ASX can overlook its Telecomm small-caps. Here’s one diversified brand with an international footprint

Tigers Realm's US$49M sale of Russian assets – to a Kremlin-adjacent billionaire – set to go ahead

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Cauldron Energy reports "excellent" uranium assays in latest drill run

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Week 41 Wrap: HotCopper asks “Back to Mongolia?” for Elixir; US CPI comes in at 2.4%; eyes still on China

ASX Market Open: ASX200 to open flattish after Wall Street weakens on hot US inflation data | October 11, 2024

Featured News

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Sellers (Offers)

Featured News