So_Cynical
The Contrarian Averager
- Joined
- 31 August 2007
- Posts
- 7,467
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- 1,469
What are TFS debt levels like? Where did their revenue come from last year? MIS sales are dead so they must have other sources of revenue.
Ok from memory (looked at them about 4 months...again) There debt is insignificant and there funding is totally non MIS sales basedinstead they have a handful of large private funders, supposedly including a sovereign wealth fund.
Now don't get me wrong here...i like Sandalwood, i like the "story" and the business makes sense to me...in general im a supporter but cant see myself as an investor..i don't mind a punt but everyone has to draw the line somewhere.
And that's a bit different to "waiting for this mob to fall over"!
(9th-August-2012) the glass half full side really wants to buy in at around this price level (40c) but hasn't got the guts.
....got to ask the question....What market sentiment is behind this going up (by so much). It doesn't appear to be on any market announcements, or 'hard data'. It just seems to be hopeful sentiment from a fickle market. And the real question - Do we (I) take the profit and run or hold out and ride the wave to when the really big dollars should flow in 2016? I understand risk remains (staying in).
Completely undecided....
Another good day so far up 5% again.
Sure ok, it was a bit of a throw away line, still the glass half empty side of me is waiting for TFC to fall over like all the others did, and the glass half full side really wants to buy in at around this price level (40c) but hasn't got the guts.
....., as this was a strong resistance level in 2008.
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