TRF has quickly become my new speccie fav....huge upside potential with this one. Im a holder of ROL, and believe it has the potential to double and more and in turn, drives the value for trf up as well. Not only the ROL investment interests me with trf but just briefly:
TRF MC=40m cash=2m E.V=38m
12.27% interest in ROL ROL trading currently at a MC of 99m TRF holding worth 12m
50% interest in IFE IFE trading currently at a MC of 44m TRF holding worth 22m
So TRF have 34m of highly liquid value in which can be very easily and quickly turned into cash
34m+cash=36m, although there is substantial risk, that these investments, unlike cash, can fluctuate in value very rapidly, with the prospects of each company, and baring any further substantial declines in the global markets, trf is as low as it should go
so from here, the upside is big, just based on the investments in ironclad and robust, the market is valuing trf's other assets as nothing
providing the markets have finished the recent correction, trf is set to turn up again IMO, great buying opportunity
TRF Price at posting:
51.9¢ Sentiment: Buy Disclosure: Not Held
