100% upgrade to net profit fy13/14

  1. 5,378 Posts.
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    27 Sept Market update: forecast NPAT $1.5 to $1.7 million.

    Then just over six month later on 6th Feb: Half year to December 2013 NPAT is $1.5-$1.6 million.

    If second half is the same as first half, then NPAT for Full Year will be $3 million instead of the $1.5m announcement in September 2013. That is 100% improvement in just a short time frame.

    Business must be growing fast.

    2014/2015 should be even better.


    Compnay's policy is to start paying regular dividend of approximately 25% of its after tax profit.

    TCN is not only a growth company but also paying dividend.

    Way too cheap under 10c.

    Directors bought heaps on market.
 
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