TLA.V / TPCFF.pk which I think has good odds to double or triple. They make equipment used in oil transportation. Here are reasons I like them:
1. They made $0.025 in the most recent quarter (fiscal Q1'12) and pre-tax earnings of $0.026 in the prior quarter (after tax of $0.050 due to a benefit). They are very cheap relative to those earnings. Also, their cashflow exceeds earnings.
2. They have a rock solid balance sheet with BV of $0.34/share, TBV of $0.30/share, and cash of $0.10/share. Furthermore, they have no debt.
3. They stated the following in the most recent report: “The mobile tanker original equipment manufacturers (OEMs) to whom we sell TD80s (our GWR mobile tank level measurement and overfill prevention system) are backlogged in their new tanker fabrication for six to twelve months. This is a trend that has continued over the last year and has resulted in record TD80 sales in fiscal 2011. We have increased our manufacturing capabilities to support this growth.”
4. Their objectives for the year include a number of items. Three of them are to "Increase gross profit and return on sales," "Grow U.S. crude oil market share," and "Increase our manufacturing capacity." They have had a lot of growth in the US over the past year which is part of the reason for their improving situation.
