TFC 7.42% $1.31 tfs corporation limited

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

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  1. 448 Posts.
    lightbulb Created with Sketch. 9
    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.
 
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