TGA

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wilmawatts
Posts: 685
Joined: Fri Apr 01, 2011 10:12 am

TGA

Post by wilmawatts »

If these folks had assets in any other country then where they do the stock price would be four times what it is.

Unfortunately they have been dealt a very bad hand
ghrcap
Posts: 338
Joined: Tue Oct 05, 2010 8:11 am

Re: TGA

Post by ghrcap »

Downside value is $4 and change according to a pretty good analysis on Seeking Alpha which posits little to no A/R recovery as the worst case or 3-4X if they do manage full recovery. The old CFO took the smart course: retire and sell out (presumed).
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