With current global events and trends you might just get $1.20's!
A watch out on using conventional profit based ratios for TFC is the gap between reported and cash earnings caused by the revaluation profit recognised on plantation growth.
A forward valuation of cash earnings post 2020 shows this business is a bargain, even more so at $1.20.
The Stockmarket is an effective tool for the transfer of wealth from the impatient to the patient!
TFC Price at posting:
$1.58 Sentiment: Buy Disclosure: Held
