TCQ 0.00% $1.03 trinity group

looking much better. SHould not have even fallen so far.A 20%...

  1. 11,407 Posts.
    looking much better. SHould not have even fallen so far.

    A 20% drop from 2 days agos close of 25 (which was already down on the previous 32 cents close) would have been rational.

    But its a damn good buying opportunity at these levels.

    I am expecting a quick rise back to 20 cents..short term....but 30 cents plus seems to be more of a reality in a month or less.

    No debt is coming up to be paid in 2009. The company is cashed up and no need for a captial raising...they like everyone else...put on ice the dividend / distribution payment which is great as leaves the company with more cash.

    The NTA is $1.15 so sitting at 10 cents right now...its just a bargain imo.

    This credict crisis has been great in a lot of ways for investors with money....some serious bargains around.

 
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