TEUFF .007, 8m OS, HUGE READ >> Undervalued by 550X (PLEASE READ) $TEUFF formerly TEU on the NYSE was delisted due to not maintaining the $15,000,000 Market Cap needed to meet NYSE requirements. Fundamentally TEU is strong. Assets exceed Liabilities by 3.6 Times ($356,000,000 vs $128,000,000 or a Shareholders Equity of $228,000,000, Yah that's AUDITED and REAL and YOURS) . TEU comes with 9 Active & Young Vessels which make them a very attractive Shipping company, one that will draw the eyes of stronger, bigger companies for potential Buyout opportunities based on BOOK VALUE or Better, imo. Now what people are missing is the strength TEU has shown over a 5 Year period where most shipping companies have struggled and or went BK. TEU has had 4 of 5 years of STRONG Revenues between $40 to $60 million Annually and Profitable. 2015 we seen an Impairment which could have been avoided and TEU would have been 5 years Profitable. Here"s what people are missing, being on the National Exchange your company better beat the numbers, the EBITDA and bring shareholder's value, they didn't, so time to delist but only because the Market Cap. So where did they go, OTCQX for a short term. A very respectful exchange. What's that mean for us, it means we get to buy shares at discounted prices because facts are facts, TEU has Massive Upside and Huge SHAREHOLDER'S EQUITY of $228,000,000. They only need the PPS to be higher to get back to a National Exchange which they are applying for and it's the NASDAQ. We are currently at $100,000 Market Cap, Nasdaq requires $15,000,000, that's 150 times Undervalue on Cap Alone, other than that they meet the requirements. People don't comprehend Institutions and Investment Bankers CAN"T buy into Penny Stocks, they simply can't. They don't usually buy stock until $5.00 PPS but definitely don't buy OTC stocks, USUALLY. So for us to accumulate these prices are seriously gifts. Especially when the Natural Book Value is $27.00 based on 8.3 million shares. They split, it was their VERY FIRST ONE and ONLY TO UPLIST to the NATIONAL EXCHANGE, the NASDAQ. NO OTHER REASON, NONE. REAL COMPANY, REAL ASSETS, REAL REVENUES and LIMITED LIABILITIES. Those are the REASONS the WORLD BANKS CREDIT SUISSE AG and ABN AMRO N.V. , not Kodiak, have waived payments for 1 year on $131,000,000. They support the BUSINESS PLAN TEU's CEO has offered. This securing NEAR BREAK EVEN COSTS for TEU. That my friends, is HUGE. Still in doubt, well the CEO and the Directors have agreed to Purchase OPEN MARKET SHARES , Approximately 10% by both and an additional 5% by the CEO, that's a huge statement by the company, a huge sign of confidence. Also NOWACKI MICHEALS has INCREASED his holdings to 26% at the time of the Delist. WHY, because he too is confident in the company as well as the fact TEU's SHAREHOLDER EQUITY assures all shareholders of a return whether the GROW as a company or go BK (not happening) lol. WIN WIN. Best of both worlds.
So now it's up to you to decide, is TEUFF a BUY or not....FACTS SHOW TEUFF is GROSSLY UNDERVALUED by a MILE
Quick Math
$228,000,000 Shareholders Equity with 8.3m Shares Outstanding says Book Value is $27.47 PPS
$228,000,000 Shareholders Equity with 10m Shares Outstanding says Book Value is $22.80 PPS
What is 'Shareholders' Equity'
Shareholders' equity is equal to a firm's total assets minus its total liabilities and is one of the most common financial metrics employed by analysts to determine the financial health of a company. Shareholders' equity represents the net value of a company, or the amount that would be returned to shareholders if all the company's assets were liquidated and all its debts repaid.
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