When I made my DYS rec I alluded to the fact that with 4p pencilled in for next year TFC might be interesting but that they were not my rec. as I had done insufficient research. I hold, and I topped up yesterday. They are moving today. Net assets at about 17p from memory, 27p share price, loss of around £500K in the first half entirely attributable to Rover bad debt, interim statement was for profitable trading and improving cash flow in the second half. Too low, IMO.
