TTI 5.00% 1.9¢ traffic technologies ltd.

I found this company today via their announcement and was...

  1. 131 Posts.
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    I found this company today via their announcement and was staggered at the incredibly low P/E combined with the growth.
    It reminds me of JIN in around 2011, which was approx 30c and trading at 1.5 P/E, in JIN's case it was also paying a dividend. The biggest no-brainer I ever saw, but didn't buy any!

    Is this so cheap because of the previous debt levels?
    Margins also seem to be picking up and judging by their most recent presentation, EBIT as a proportion of t/o is quite reasonable.

    Really it just needs more people to see and hear about it.
 
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Last update - 13.47pm 16/09/2019 (20 minute delay) ?
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