TFC 7.42% $1.31 tfs corporation limited

My 2016 Top Pick, page-18

  1. 4,568 Posts.
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    TFC is 1 of 9 to watch from UBS in the AFR

    a snip

    "TFS CORP (TFC) IS A BUY AT $2.80
    Positive first half results for TFS, a sandalwood producer, will be reliant on the timing of new establishment sales. UBS sees the major catalysts for TFS at its first half yearly results to be: reaffirming expectations of a 10-fold Indian Sandalwood production increase in mid-2016 (likely at 1H16 result), and providing an update on the sales of the first pharmaceutical product (Benzac acne treatment).
    Beyond this result, UBS sees potential catalysts from: additional pharmaceutical products using Sandalwood Oil announced (likely over 2016), andrefinancing the company's USD Notes (likely in FY17E).
    UBSe: Cash EBITDA of $9.5m, Reported NPAT $11m, DPS 0cps


    Read more: http://www.copyright link/business/...l-caps-to-watch-20160119-gm9jfh#ixzz3xkC1Hnlw

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Currently unlisted public company.

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