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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