Agreed, MC is quite low so even if they produce 1 billion dollars of revenue in next 10 years what will the margin be?
Thats 100 million a year so if they can book $50 million as profits on that one would think MC could be near $500 million as a base.
Margins should be quite good one would think? All they need to is cut the trees, package and ship and sounds like they have got it down to a fine art already.
TFC Price at posting:
93.0¢ Sentiment: LT Buy Disclosure: Held