Share closing the discount gap - with the cash on the balance sheet we can expect a decent dividend imo.
TRENCOR
Started by
SoleTrader
, Dec 12 2019 11:44 AM
1 reply to this topic
#1
Posted 17 January 2020 - 12:59 PM
#2
Posted 12 December 2019 - 11:44 AM
Good value at current levels post unbundling. My calcs below
Per TRE share
TGH shares 2.36
TAC 8.85
Cash 5.19
Net liabilities -0.07
NAV per TRE share 16.32
less 15% discount 13.87
Edited by SoleTrader, 12 December 2019 - 11:50 AM.