It is this 'cheap' because of sentiment and the belief there might be further downgrades.
Not many companies with the potential to produce multi-million dollar earnings with a MC of $25m. But companies get absolutely hammered with bad news to the negative. This is beyond cheap. This is almost SBB like. Well not really (SBB had no bad news to deliver). I am not THAT confident about TTN ...
EBIT will be lower than there stated 10 - 12m, page-25
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