Q: When do they report? What do you anticipate the results to be? They claim very low break even costs that would support working capital and dividend. As well as growth. Are you able to validate their p/e? the company looks attractive based on potential and monthly div yield.
5i Research Answer:
TVE reports May 10; estimates are 7c per share and $289M revenue. Yield is 4.2%,P/E 6.0X. The balance sheet is decent and costs are good. We continue to like it, but the sector has rolled over with prices. But we see it as attractive for sector investors.