TPNL
I brought a miniscule position of TPNL this week at .15, so it is not a big position. Way below 1% and I will keep it at 1% Max. But there is a story to be told here.
TPNL is a turnaround story which is now focusing more on its core business with the plasma centers. They had a lawsuit which admittingly set them back. Originally they would do all this other stuff that made revs lumpy, now the focus is more on the plasma centers which is a major growth area over the next couple of years, I expect sequential growth of 5-10% each quarter on the top line with a lot of that starting to hit the bottom line.
TPNL Revs
q3 15 2,033
q4 15 2,164
q1 16 2,181
q2 16 2,376
I expect this trend to continue and revs for q3 to be in the 2.5-2.7 million range. I also expect earnings to be in the 400-600K range.
Earnings have started to flow back here was .002 in q1, and Now up to .008 in q2, I expect earnings to be in the .015-.02 cents range come q4 (And about .01-.014 in q3). I also expect far less seasonality as well.
I feel there is no rush here I'm not telling you to bid the stock up to the moon, but even at .008 annualized we are looking at a stock trading at like 5 times earnings that is starting to show good growth. I feel you get this stock anywhere near .15-.18 you will be happy in 6-12 months’ time. TPNL has a lot of potential here to be a great turnaround story, this one has a bit of swing and miss and volume isn’t great, so not exactly going to bet the farm, but I see this as an interesting name nonetheless. All is just my opinion, and I could always be wrong though.
