TFC 7.42% $1.31 tfs corporation limited

Ann: First Buy-back Offers Made to Acquire MIS Assets-TFC.AX, page-2

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  1. 1,091 Posts.
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    Over the next three months, I expect several very positive announcements which should drive the share price back over $2:

    1. Sale of the loan book, to improve the balance sheet and add to cash;
    2. Completion of more plantation buy-backs, which will lead to increased cash flow and profits in FY17;
    3. Successful harvest in June;
    4. Successful refinancing in July; and (highly likely IMO):
    5. A profit upgrade in May/June.

    I feel for the shorters.
 
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