Q: When does TVK report their results and what is expected? The stock has run up quite a lot already this year and while most of the business growth comes from M&A (minimal organic growth) is there still room to strengthen a position or should is it better to wait for a pull back?
5i Research Answer:
TVK is expected to report Dec 13 (estimated, not announced). EPS of 58c and revenue of $241.5M is consensus. It has pulled back from near $126 two weeks ago. We would be OK buying up to a position size that reflects its small cap risks.