TB Good to invest or hold for short term?
This stock is very interesting because it creates technology that focuses on cognitive vision and safety systems for the railway industry. In fact, I find it very intriguing. However, how long should we hold it?
Here are my takes:
1. As long as they are holding sufficient cash to run the business, it is good because they need more projects to prove their validity. In the coming quarter, I believe the projects given to them by the US should provide a green signal to the price action.
2. Their gearing ratio has slightly improved, which is positive. If possible, the debt should be eliminated entirely. Then, they would need to expect good revenue to create a healthy net profit and positive free cash flow.
3. Generally, their revenue isn't impressive yet, but they are still within estimates. I believe in the coming quarter, the gains will be seen drastically."
I would cover more on the upcoming project and how it would project to their upcoming earning by DCF.
Hopefully, you find this article useful. Please like and comment for more insights.
Hopefully, you find this article useful. Please like and comment for more insights.
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