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Can someone review this stock for me? Can someone review this stock for me?

04-30-2008 , 10:15 AM
So just browsing some stocks, came across

TVC.L
http://www.iii.co.uk/investment/deta...amentals&it=le

It is a micro stock, with a market cap of only £250,000.

However, it's turnover is £2,200,000 and profit pre tax is £150,000.

So for a company whos pretax profit is so incredibly large compared to it's market value, is this not a cheap stock? What am I missing?

I'm a stock newbie but any comments appreciated, I'm sure I've missed something important!
Can someone review this stock for me? Quote
04-30-2008 , 11:11 AM
I'd investigate why a year ago it plummted from £3+ to under £1 and stayed there.
Can someone review this stock for me? Quote
04-30-2008 , 11:19 AM
Thats pence btw not £
Can someone review this stock for me? Quote
04-30-2008 , 02:12 PM
I don't know enough about this stock to get into specifics, but it appears to be trading well below net current assets. (Incidentally, why is the data so old?) Unless it has a high cash burn rate (doesn't look like it) or has some questionable things on the balance sheet (also unlikely) this is definitely a cheap stock.

This of course is not a recommendation to buy or sell. I wouldn't be comfortable taking a position in this stock at all until I get some more recent/better/firmer data, which may not even be available for such a tiny company.
Can someone review this stock for me? Quote
04-30-2008 , 02:16 PM
Completely understand that what people post are opinions and not advice don't worry.

Anyway it looks like an interesting one, it ceased trading a while back for some reason will find out why, and it just reopened for trading. I might put £1k into it soon if I don't dig up too much.
Can someone review this stock for me? Quote
04-30-2008 , 02:55 PM
Management has an untrustworthy reputation as far as I can tell from consenus on the message boards. That's put me off a bit.
Can someone review this stock for me? Quote

      
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