TBR
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3.26% $4.75 tribune resources limited

Growing 80c EPS, $6.50 Stock Price, Gold $7 PShr

  1. worzel1
    1,107 Posts.
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    12/04/17
    15:54
    Post #: 24034290
    Insanity continues!!

    Finally got round to calculating profit for last half year.

    Real EPS was 30% above that shown in the P&L. Significant gold was stuffed into the balance sheet and not recognised in the P&L

    Real EPS was 40c per share for the half year - or 80c on an annualised basis!

    Gold held 210kozs worth $7 per share to TBR.

    Share price only $6.50.
    TBR Price at posting: $6.50 Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 3  Upvote
    lightbulb Created with Sketch.  Great analysis
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