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TGA

Posted: Sun Jul 07, 2013 6:15 pm
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

Re: TGA

Posted: Mon Jul 08, 2013 10:39 am
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).