TPC 0.00% $11.17 tpc consolidated limited

Ann: TPC Investor Presentation, page-8

  1. 995 Posts.
    lightbulb Created with Sketch. 15
    I'm in as well with a small position initially.

    Major growth story flying under the radar. Profitable, management owns 50% and the potential growth opportunities are huge. $2m net cash position.

    At a SP of $1.60 the market cap is $16.9m. If we assume $2m PBT (guidance of $1.5m-$2.5m) and NPAT of $1.4m (30% tax rate) we're trading at a PE of 12.1 times at the moment. A growth stock like this could easily trade at a forward PE of 25+, implying we're over 50% undervalued solely based on valuation. If management kicks a few goals and continues to grow the business at this rate I'd say $5 is possible in the next 12 months.

    The biggest challenge will be getting set before word gets out. There's next to nothing free float..
 
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