@Driven123
The stock market is filled with individuals who know the price of everything, but the value of nothing." — Phillip Fisher
Random sayings/quotes about the share market get thrown around HC like confetti. The one above describes the TPD situation for me. I don’t think Walyering is priced in much at all.
There are now at least two broker reports with significant upside; 37-47c price targets (if I recall correctly). Bridge Street was 47c.
We are talking $25-30m free cash flow from Walyering for a $110m MC company. Any price to cashflow ratio below 10 is considered good. At $25m FCF, TPD’s is 4.4. Very good. That’s a simple metric. Posters here like
@Justadabble have provided deeper insights into price potential here.
My view is that real money is waiting to see Walyering come to fruition, a significant de-risking event. Then the fireworks will start.
I do agree with you on Gurvantes; it’s a wild card, potentially a huge one. It is also seriously undervalued in the broker reports. Why? My personal view is analysts won’t put a price tag on it because it might just look like way too much - if successful, and there’s still risk it won’t work out. But the upside is huge and here’s another quote;
”Know what you own, and know why you own it” - Peter Lynch
cheers
kk
