Homepage
PR Newswire
29-09-2016, 10:35 PM
Based on TTJ's proven continuous profitability track record over 7 years as a listed company, my take on the fair intrinsic value of the group business and of its shares is minimum the latest NAV plus a reasonable premium to account for (1) any hidden value in the group's assets, especially property assets; and (2) the expected/projected near-term earning streams (say up to 3 years) based on the business volume already secured and those that are under negotiation.
As TTJ's latest (as at 31Jul16) NAV/share is already $0.3599, it is conceivable that the fair intrinsic value could be close to the $0.50 mark if we include the additional value from (1) and (2) above.
As TTJ's latest (as at 31Jul16) NAV/share is already $0.3599, it is conceivable that the fair intrinsic value could be close to the $0.50 mark if we include the additional value from (1) and (2) above.