TFC tfs corporation limited
Add to My Watchlist 7.42% ! $1.31

Ann: TFS Delivers Record Half Year Profit and Upgrades Guidance, page-6

  1. takeprofits
    451 Posts.
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    26/02/15
    10:52
    Post #: 14821444
    Take out the $71m of gain in the revaluation of trees and how much is the reported profit? $7m...

    They burnt another $50m of cash this half year. The debt has ballooned, and it's costing them $10m a half. Need to start selling a heap of acne cream or another cap raising might be needed.

    I've liked TFC in the past, and made some good money from it, but the balance sheet scares me a lot.
    TFC Price at posting: $1.83 Sentiment: Sell Disclosure: Not Held
    Likes Created with Sketch. 2  Upvote
    lightbulb Created with Sketch.  Great analysis
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