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Go Back   Talkgold HYIP, Investment & Money Forum > Other Ways to Make/Save Money > General Investment Forum & News > Stocks Talk
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Old 06-17-2008, 04:51 PM
AlleyCatNews AlleyCatNews is offline
Senior Investor
Join Date: Oct 2003
Posts: 542
Default TATTF way undervalued I FEEL

TATTF a stock I own have bought it recently from 6.75 to $7.30.

I feel is very undervalued.

It owns 8.1 million shares of LIMC (which is currently trading at $4.70 per share)

TATTF itself has 6.6 million outstanding shares x $6.75 current price for marketcap of about 44.5 million.

TATTF 8.1 million shares of LIMC even if LIMC was trading at $4 would be worth $32 million.

So in that sceranio TATTF other assets and business would only be worth about $12 million!

Well they got $20 million from selling off a portion of LIMC last year. (they use to own 100% now only own 62%)
TATTF does about $20 million in revenue on their own from what I figure and is profitable.

And TATTF has just bough a majority stake in another company.

On top of that last Nov they paid out a .40 Divendend which at these prices would be almost a 6% return.

They have cash, and own the majority of 2 companies and run a company themselves.

Well undervalued I think.

I am looking for $10 within 60 days which would be about a 50% move based on today's prices.
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