27 Sept Market update: forecast NPAT $1.5 to $1.7 million.
Then just over six month later on 6th Feb: Half year to December 2013 NPAT is $1.5-$1.6 million.
If second half is the same as first half, then NPAT for Full Year will be $3 million instead of the $1.5m announcement in September 2013. That is 100% improvement in just a short time frame.
Business must be growing fast.
2014/2015 should be even better.
Compnay's policy is to start paying regular dividend of approximately 25% of its after tax profit.
TCN is not only a growth company but also paying dividend.
Way too cheap under 10c.
Directors bought heaps on market.
TCN Price at posting:
7.3¢ Sentiment: Buy Disclosure: Held