I will certainly keep TCN on my watch list. After trawling through the annual reports of many micro caps it is interesting to note how few actually make consistent profits and are undervalued (I have narrowed down about 8 or 10 into this category). That was what attracted me to TCN. ERST has been held since 2008 and has generally been profitable and the same with Urgent until this year. It is interesting to note Stat Seeker is starting to produce decent FCF and the ample cash along with significant insider ownership, are also attractive in my opinion. However, it does seem to me that this potential turn around in Urgent may take some time.
I would be grateful if you could flick me an email at [email protected] to discuss further.
TCN Price at posting:
6.5¢ Sentiment: Buy Disclosure: Not Held