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TNE

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galumay:

FY 2018 - Just finished my analysis of $TNE results from the AR. A very solid result. Once again my range of valuation is way below the price it trades at. I guess a clean balance sheet with no debt, wallowing in cash, increased rev, earnings & divs over many years support the price!

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Why will this business be around in 10 years? - Not sure it will be, the only real conviction is due to how long its already survived! Its been around nearly 35 years so came thru the 2001 tech wreck!

galumay:
Sold TNE 18/11/21 for $13.37

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