TFL 6.67% 1.6¢ tasfoods limited

what is onc worth?, page-9

  1. 16 Posts.
    This is how I would value ONC:
    Cash $24mil
    Smartpass $30mil - pe of 10
    Buffet Club $10mil - pe of 10
    Total of $64mil

    I believe the licence issue will be solved. The Buffet Club business in China is growing rapidly - PBIT $15k (2010), $186k (2011) and $976k (2012).
 
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