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3.8¢ techniche limited.

good straightforward post - looking a bit like a coiled spring(...

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stayer

4,717 Posts.

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27/08/14

10:45

Post #: 13878966
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Originally posted by oppietrader ↑

Cash is up by about $1.9m from end of December 2013, and now stand at $3.7m.

TCN should be generating about $4m in cash a year.

Market cap is about $20m which give it an E.V of $16.3m vs cash generation of $4m per annum.

A low profile, cash-cow techie company.

Just too cheap at 9c.

No wonder sub/holder has been accumulating.

Also a 25% dividend.

And management is not afraid to buy business if opportunities arise, that show last year from its acquisition of Statseeker which is earning accretive.

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good straightforward post - looking a bit like a coiled spring( but not talking psy type jumps!!)

TCN Price at posting: 9.5¢ Sentiment: Hold Disclosure: Held
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0 Great analysis

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