TFC 7.42% $1.31 tfs corporation limited

Pitch, page-25

  1. 483 Posts.
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    I completely agree, devsadv. You are also right about plenty of good news to come. Some that come to mind are:

    * 9 month report over next two weeks;
    * completion of sales of the full 1500 ha of new forests (early July);
    * Successful completion of the much bigger 300 hectare harvest (July?);
    * Refinancing of the corporate bonds (July);
    * Announcement of the extent of the buyback, together with their strategy to take advantage of this (e.g. to delay some harvesting to benefit from further tree growth and to help even out harvest quantities over the next four years or so);
    * Progress on the pharma and OTC products, particularly announcement of partnerships for two new OTC products, and update on continued growth of Galderma's OTC acne product (timing not so certain, but I do expect all this to happen this calendar year).
    * Upgraded guidance by early July (this is normally done anyway, but it should be boosted due to the buybacks).

    Then there is always the possibility of other positive surprises (e.g. new customer agreements).
 
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