TFC 7.42% $1.31 tfs corporation limited

thanks I also remember the one showing future harvest forecast...

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    thanks I also remember the one showing future harvest forecast but somehow couldn't find it. I noticed that TFC is working hard to increase their direct ownership of plantation but without strong harvest, can TFC generate increased, large amount of free cash flow to support the acquisitions and R&D for sandalwood products? I worked out the figures based on their cash EBITDA, they only earned $14m cash profit after tax. Without considering the revaluation of bio assets, I think 2018-2020 will be very hard for the company and shareholders.
    Last edited by alfred137: 30/09/16
 
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