Short Term Trading - Weekend Lounge:13 -15 Apr, page-40

Hi all,

First time poster, long time lurker.

Just wondering if any of you have looked into TTC (Traditional Therapy Clinics)

The business is a Chinese massage franchise that has all of it's operations in China. Revenues have growing over the last three years and the company is generating consistent profits.

Market Cap - 16m

Cash on balance sheet - 38m

P/E ratio - 0.95

At what price do you think the market will realise this is so undervalued? Obviously from a technical/charting perspective and geographical perspective (being based in China) the company may not receive much attention and look relatively unattractive but from a fundamental perspective this thing seems severely undervalued.

Would be interested to hear anyone's opinions.

Cheers,

Junkie