Trio-Tech International (TRT) has just announced that their book value has increased to a new all-time high of $7.87 per share as of September 30th up by 5.922% in three months from $7.43 per share on June 30th.
TRT's working capital has also increased to a new all-time high of $24.336 million as of September 30th up by 6.924% in three months from $22.76 million on June 30th.
At TRT's closing price today of $6.77 per share it is trading for only 0.86X book value.
When Singapore stocks last broke out in 2007, TRT's price/book value ratio rose to a high of 3.727.
Today, a price/book ratio of 3.727 would value TRT at $29.33 per share.
TRT is amazing at reducing costs to consistently keep the company reporting positive operating profits. With only 4.25 million shares outstanding, TRT is the only U.S. stock worth owning. Nearly all other U.S. stocks have a chance of declining by 60%-70% and most Bitcoin stocks will decline by 90%.
TRT is highly likely to breakout into the $25-$30 per share range at some point in 2025.
We expect Augusta Gold (TSX: G) to get acquired in the upcoming weeks because we know it takes about 3-4 months for a transaction to close, and they are moving to Ecuador/Peru at the end of April.
The only stock we know of with the potential to gain as much as Augusta Gold (TSX: G) in the short-term is Celtic plc (LSE: CCP).
Past performance is not an indicator of future returns. NIA is not an investment advisor and does not provide investment advice. Always do your own research and make your own investment decisions. NIA's President has purchased 224,200 shares of G in the open market and intends to buy more shares. This message is meant for informational and educational purposes only and does not provide investment advice.
Preparing Americans for Hyperinflation
