1) The big divvy was one reason, though unfranked.
2) China's growing middle class makes TTC a dividend growth story for years. Rare.
3) Not strictly "healthcare" by Western standards, it is by Chinese standards, and that's its market.
4) Volume makes TTC tough to short; flip-side, tough to buy.
5) Numbers c/o ft.com: ROE 45.97%, outstanding!; P/E 4.36, room to grow; POR 49.90%, cushion!
6) Business Model: Franchisees = stable/predictable income; TTC owned = full profit realization.
7) No analyst coverage, flying under the radar, partly explaining sp and vol.
OV
TTC Price at posting:
54.5¢ Sentiment: Buy Disclosure: Held
