TUA 0.24% $4.21 tuas limited

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  1. 611 Posts.
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    $520m in equity ($174m cash) with no debt + Theo is running the company and the company is selling for > 50% discount to book value.

    Even a numb nut would be able to make a decent investment with that balance sheet. Invest that into commercial properties that generate 7% return and the company would be cashflowing $36m YOY.

    But I think Theo would be able to generate returns higher than 7%. More like 15% with him.
 
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