$TBTC is my newest stock idea. Article is live on substack. The company is trading at ~8x TTM P/E and has an under appreciated recurring revenue base with over 70% gross margins. Downside is backed by more than 8m in cash and equivalents at 22m market cap. Bull case requires them to sign new customers, perhaps $BUKS could use their services. If they signed a major casino deal, the sky is the limit. My 12 month PT is: $12 as I expect new management to continue strong sales momentum and operating leverage to kick in.

$APP alt data seems to be pointing towards a return to expected growth. Surprised stock is still pricing in the slowdown from last Q

This article is now free for all to read on substack. $LGL is still trading at a negative EV and management has a history of value creation. Worthy of a further look.

$TMDX what do you guys think? They do more revenue in Q3 than Q2? It’s going to be close!!

You know the American premium boost is a real thing when $MU trades at a higher multiple than $SKHY

Weak ass Michigan team

$TMDX OCS gas recently been credited with transplants both in Canada and South America. Encouraging as the company aims to expand its footprint.

$TRT bottom is in lfg

I am so close to selling my shares to the person who’s going to make money on the stock lol

Alright guys, what’s a stock that can double by close??

$TMDX on pace to close out the month with over 30 flights a day, maybe over 32 flights a day.

$TRT way to close out the week

Starting my shift at McDonald’s rn so will miss the Thursday night football game. Thanks $TRT

Anyways, back to usual coverage of $TMDX $APP $TBTC $SCIA $BUKS $PPIH $RDDT and others. Tough loss on $TRT, I wouldn’t call the quarter thesis breaking (like it was for $BAER) and it probably sees some recovery in the coming days, but it’ll likely be a while to see over $10 again.

$TRT EARNINGS RECAP I’ve now gone over the filings and spoke to the team and other shareholders. The results were below expectations on topline due to timing issues. What does that mean? Their customer was going from one platform to another and did no testing or limited testing at some point in the quarter. (My speculation is that $AMD was ramping from MI 450 to MI 500, but this is purely speculation) Management claims that has stabilized and testing levels are back to Q3 levels. I am assuming they’re tapped out on capacity for testing on the original Malaysia factory. It is confirmed that the new factory will be used mostly for testing for their American semiconductor company. (I think $AMD but not confirmed) there’s no guarantee that customer will be testing that much volume with them, but they must feel comfortable investing in the space that it will drive returns. MARGINS: this is very misunderstood by most people. The AI testing business is very low margin. The customer provides the equipment and $TRT tests the stuff. So there’s no expenses from $TRT new factory doubles their Malaysia exposure. EV testing and burn in board are higher margin, but less volume. Q4 26 saw margins recover sequentially due to LESS testing business, which is now normalized. I would expect margins to once again be in the 16-18% range in the next quarter and going forward overall blended all segments. At the current market cap, they have almost $3 a share of cash. If topline really grows as much as management thinks it can and expenses stay flattish as they expect, p/e could look cheap quick. Though again, this will never be a high margin business, one must understand that. FY27 OUTLOOK: they expect all of their segments to grow, testing, EV BiBs and IE. They have a new product in the IE segment targeted for data centers. We’ll know more abt it once orders come in, this is the description: Alternative to chemical washing, for cooling facilities. Would deliver a better solution for the environment and is more cost effective. Additional ROI through lower energy costs. This new product is not needed for the company to grow in FY27. The company expects to operate at a profit going forward. FY26 had a lot of one time expenses like the expansion, stock split, and other updates. The company may start showing non-GAAP earnings eventually to highlight how the business is actually progressing without the one time costs. They expect to gain analyst coverage soon. Once that happens, they may feel more confident in giving out quarterly guidance and etc. They definitely did not think the market would dislike the results as much as they did, so perhaps some changes to how they report things are made quick. Q1 FY27 ends in a week or so. New factory should start contributing in Q2 FY27 so they’re very close to seeing how that progresses. Next quarterly report likely won’t take as long as this one did, but one must be prepared to go without news for a while. Company is excited for their future and CEO didn’t sell any during the run, we’ll see what happens.

$TRT I’ve now had the time to go over the 10k and am scheduled to speak to management shortly. I’ll post a detailed recap of my thoughts in a few hours. I obviously think this is an overreaction but I have been wrong before and could totally be missing something.

$TRT I am on timeout from giving out my opinion. But it’s cheap here lmfao