SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Gold/Mining/Energy : Thermal Control Technologies Corp TCT (was Redux Energy)

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Garth Richmond who wrote (499)7/30/1998 3:33:00 PM
From: ASHLEY5  Read Replies (1) of 1208
 
TCT announces cash flow of $0.15 per share for year ended March 31,1998.

The EPS fully diluted of $0.08 is lower than I expected but is partially due to deferred income tax provisions set up. These taxes may never be payable but must be set up as a liability and expensed under Chartered Accounting rules. This provision does not result in a cash flow item.

Let's hope investors are now patient until the new plant starts up.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext