That's a decent analysis MixedBag. Thanks for sharing. I particularly agree with your points re TA, liquidity and lack of disclosure regarding the increase in massage therapist commissions. Unfortunately I cannot attend the upcoming AGM. I trust shareholders will voice these concerns to the board. Particularly given the negative SP reaction and lack of liquidity.
IMO the business is fundamentally undervalued in the 30's - 40's. TTC is debt free, leveraged to largest aging healthcare market in the world, has $33m cash to invest for organic growth purposes, has seen consistent OCF growth YOY, and is recognised as a designated Chinese trademark brand.
Need to reign in on commissions and clarity around future GST rates.
TTC Price at posting:
35.0¢ Sentiment: Buy Disclosure: Held
