• AAA rated US institution the newest addition to invest in TFC plantations.• Continued strength in the non-MIS product as Beyond Carbon gains global recognition.
• On track to achieve goal of 500 hectares of non-MIS for FY10, an increase in sales of 40%.
• Wise-owl.com retains valuation of $2.73 and 12 month target of $1.58.
TFS Corporation Ltd (TFS) is engaged in management and operation of forestry plantations, cultivation and sale of agriculture produce, and the provision of finance. Its principal activities include promotion of sandalwood plantation investment to institutional offshore investors; promotion of sandalwood managed investment schemes; management ad maintenance of sandalwood plantations; manufacture and distribution of Australian sandalwood oil and related products; ownership and leasing of land; ownership of sandalwood plantations, and provision of finance. During the fiscal year ended June 30, 2009 (fiscal 2009), the Company acquired the Mt Romance Holdings Ltd group, which is engaged in the manufacture and distribution of Australian sandalwood oil and related products. TFS also acquired a 50 % interest in Northern Development Corporation Pty Ltd and Natural Gulf Supply Co. during fiscal 2009.
1 comment:
Well spotted.
TFS is in effect a monopoly in the making. In my opinion this is one company you should spend time runing the ruler over. It will make you wealthy and likely keep paying higher and higher dividends. A company capable of earning super normal profits.
When you take the time to run the ruler, you will understand the business has power over suppliers, customers, a lack of competition, lack of product substitution and huge barriers to entry!
And best of all the dumb market rates it at a PE of round 6 and hasn't yet woken up to its obvious potential (it's making money, growing rapidly and about to be debt free June 30!).
Check out the following.
Wise-owl.com retains a Buy on TFS Corporation Limited (TFC).
• AAA rated US institution the newest addition to invest in TFC plantations.
• Continued strength in the non-MIS product as Beyond Carbon gains global recognition.
• On track to achieve goal of 500 hectares of non-MIS for FY10, an increase in sales of 40%.
• Wise-owl.com retains valuation of $2.73 and 12 month target of $1.58.
https://promo-manager.server-secure.com/ch/dmycgx/301355/71fd2c97k.pdf
Post a Comment