Does anyone know if TFL is getting any coverage from Brokers? Or are we under the radar down in Tassie with no one paying attention to us?
I recently compared TFL to the Longtable group in an earlier post and I thought it might be worth comparing with another dairy business in Beston Global Foods (BFC), this is the latest broker coverage on them - https://www.asx.com.au/documents/research/phillipcapital-bfc-site-visit-to-provincial-foods.pdf
All the businesses are very different, so difficult to do a direct comparison and say things are exactly the same, but I thought I would have a quick look at the financials, including TFL moving forward, which spits out the following:
TFL LON BFC TFL* 1 Revenue $38,391 $23,159 $47,900 $60,000 2 GP $10,716 $10,015 $15,200 $16,800 3 GP % 28.0% 43.2% 31.8% 28.0% 4 EBITDA -$1,110 -$2,088 -$11,600 $100 5 NPAT -$1,358 -$3,901 -$12,600 -$150 6 MKT Cap $36.15m $49.71m $53.19m ?
The TFL* is a little projection on the business once the acquisition of Betta Milk closes. I hope TFL can improved it's GP over time, hopefully some more scale assists with this.
BFC are rapidly expanding their revenue as you can see from the Broker coverage, but they have large losses to deal with as well and they have the cash in the bank to deal with this as they obviously expect that to continue.
Anyway, just a simple little comparison, but I still feel that TFL has been undervalued and market cap could easily be $50m in the short term.
Barcharts has us as an 80% buy, so hopefully the uptrend can keep moving forward over the next month - https://www.barchart.com/stocks/quotes/TFL.AX/overview
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Does anyone know if TFL is getting any coverage from Brokers? Or...
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Last
0.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $2.185M |
Open | High | Low | Value | Volume |
0.5¢ | 0.5¢ | 0.5¢ | $251 | 50.28K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 2578426 | 0.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.6¢ | 650223 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 2578426 | 0.005 |
7 | 1441382 | 0.004 |
7 | 2070000 | 0.003 |
9 | 3110000 | 0.002 |
6 | 8120999 | 0.001 |
Price($) | Vol. | No. |
---|---|---|
0.006 | 650223 | 3 |
0.007 | 1627580 | 3 |
0.008 | 834899 | 3 |
0.009 | 732005 | 2 |
0.010 | 5327158 | 3 |
Last trade - 10.02am 31/07/2025 (20 minute delay) ? |
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TFL (ASX) Chart |