TZL - TZ Limited

[Sean K]

I'm not completely over what these guys do but the 2 year weekly chart looks a little interesting at the moment.

Has just broken what I would say is significant resistance at $0.60, and also breaking out of the downward trend established since August last year. (currently trading at $0.61 but was as high as $0.65 earlier).

Massive increase in volume today. Perhaps beginning a new era. RSI just going positive which is a good sign. Needs to hold above 60 for the break up to be confirmed of course. 60 looks to be a real sticking point, which in theory, if broken, and tested, becomes solid support.

A soft finish wouldn't be so hot, and there would be potential for the break to fail, if it doesn't hold this afternoon or tomorrow...

Anyone care to tell us what this beast does??

TZL 2 and 3 year weekly:

 

[Sean K]

Looks like it might finish at 59, or 60....perhaps 60 cents is a brick wall.

My opinion is though, that with that much resistance, once it is truly broken, it should be released.

 

[TheAbyss]

Basically they are IP (intellectual property) and venture capitalists. Comsec descirbes them as pe rbelow.

Main claim to fame appears to be a locking system for passenger seating in airplanes.

Some of their products look pretty neatthpugh and are bleeding edge imo.

Qualitative Analysis

Click Here for Company Strategy
Click Here for Company Wrap

Business Description
TZ Limiteds (TZL, formerly CED Australasia Limited) principle activities involve the development of intelligent fastening technology and innovative assembly enabling technology. The company licenses its intellectual property and provides application design and engineering services to support technology commercialisation in partnership with Textron Fastening Systems.

Company Strategy
As part of TZs growth strategy, the company acquired the PDT group in March 2005. PDT is expected to contribute with $USD 3m a year. In a move to gain competitive advantage; TZ was in September 2005 considering acquiring a Smart Materials supplier and technologist. This would vertically integrate for a new revenue stream through core material supply. With this acquisition the company aims to create a clear market differentiation and protect against future competitor response. TZ reported NPAT down 59.9% to $1.9m for the year ended 30 June 2006. Revenues from ordinary activities were $32.2m, up 76.81% from last year. Diluted EPS was 1.15 cents compared to 2.89 cents last year. Net operating cash flow was $1.1m compared to $6.2m last year. No dividend was declared.

 

[scsl]

Anyone care to tell us what this beast does??

Chicago-based company that develops, licenses and commercialises proprietry technologies and products. It's currently focused on a new software-controlled fastening technology that can be used in manufacturing assembly lines.

TZL does majority of its business in the US and plans to list on the Nasdaq, which it hopes will revive the sp. Today's announcement to acquire Intevia (the brand under which TZ's intelligent fasteners have been brought to market) explains the rise to 65.5 cents.

This info's from latest Smart Investor p.93 - I first heard of this company here.

 

[spitrader1]

Chicago-based company that develops, licenses and commercialises proprietry technologies and products. It's currently focused on a new software-controlled fastening technology that can be used in manufacturing assembly lines.

TZL does majority of its business in the US and plans to list on the Nasdaq, which it hopes will revive the sp. Today's announcement to acquire Intevia (the brand under which TZ's intelligent fasteners have been brought to market) explains the rise to 65.5 cents.

This info's from latest Smart Investor p.93 - I first heard of this company here.

http://www.theage.com.au/news/busin...ng-metal-future/2007/01/24/1169594362879.html

 

[GRTRADER]

I used to know Chris Kelliher. He was once the CEO of Microsoft Australia but I also heard he lost a lot of money investing in terminal adapters for ISDN lines. You would have thought that it would have been pretty obvious that ISDN was a dying tech when he bought into the TA deal.

I guess that doesnt mean that TZL isnt going to do well though.

 

[scsl]

Looks like it might finish at 59, or 60....perhaps 60 cents is a brick wall.

My opinion is though, that with that much resistance, once it is truly broken, it should be released.

TECH STOCK TIPPED TO DOUBLE

...and just like that, volume the past two days has been very strong. The above caption was placed on the front of The Bulletin - you couldn't miss it, it was right on the top! The speculator's David Haselhurst has given a very positive wrap on TZL (it's in the Speculator Portfolio), following its recent developments. I've recently become very interested in his weekly column and what's very encouraging for holders and potential buyers is that David's family holds shares in TZL!

The positive news out from TZL and subsequent media coverage of it has no doubt boosted trading in the stock, but I strongly believe that David's article is the main reason.

I'm sooo tempted at the moment...

(don't hold)

 

[birdmanz]

TZL - take a good look

Nobody seems to follow TZL on this forum....take a good look at it

 

[wayneL]

Re: TZL - take a good look

Why?

 

[TheRage]

Re: TZL - take a good look

This may sound a bit rude but this is your first post and you have not given any reasons for why this is a good share. Smells a bit like a ramp.

 

[greggy]

Re: TZL - take a good look

Nobody seems to follow TZL on this forum....take a good look at it

Seeing that you started this thread, could you please offer some reasoning behind why we should take a look at it. Clearly thus far it seems like a ramp at this stage. No doubt you already hold this one, otherwise you wouldn't have bothered posting a new thread in this manner.
DYOR

 

[UPKA]

this one has been pretty quiet, bt i reckon its product is really innovative. its a automatic screw system which can be controlled by computer to adjust each screw. it has recently caught the interests in the aviation industry, if the technology is implemented into aircrafts, it'll make the company BIG. or even better a military contract!

BUT it'll be a slow process as the manufacturers have to implement TZL's system into their design. as to timeframe, I'll give it a rough guess of 2-3 yrs before this really kicks off. btw i no engineer or designer, so thats a very rough guess, may be someone can help me out here.

 

[dj_420]

i like the look of these guys

they are de-listing from ASX very soon and will be re-listing in the US next year. they have already secured contracts with a storm door manufacturer in the US. from here they need to bed down some contracts with major aircraft manufacturers and has been mentioned that boeing, airbus could be early converters.

here is article in bulletin on TZL

Article from David Haselhurst who writes a column in the Bulletin

A US market listing and interest from top engineering companies is set to boost by 10 times the share price of our industrial fastener punt.

Of all the stocks held in our portfolio, the one destined to be the biggest winner in the coming new year will be TZ, developer of smart fasteners with a wide range of applications in 21st-century industry.

Sources close to the company suggest its share price could be as much as 10 times greater than the present price of around $2.50 when the company meets its targeted NASDAQ listing in the US by the second quarter of calendar 2008. Credit Suisse of New York will underwrite a new issue based on a multiple of 15 times estimated 2008-09 earnings.

Although no such estimate has been released as yet, informed sources are confident about the future share price projection. In March of this year, TZ estimated the fasteners market had the potential to generate more than $US250m in revenue over the aviation, automotive, industrial and security sectors in the next few years. In September, this estimate was boosted to $US370m by 2011, with the industrial sector estimate split to add defence and ground transportation applications.

The Speculator first bought into TZ in mid-2004 ( B, 25/5) after it raised $US12m to move from Australia to Chicago. The company then held patents for technology aimed at eliminating manual tools such as screwdrivers, spanners and even robotic welders used to fasten together components on assembly lines or building sites. Instead, fasteners embedded with microprocessors enable remote locking and unlocking of components.

TZ then formed a technology partnership with Textron Fastening Systems, whereby the Australian company would receive a royalty stream from the US partners as it commercialised the technology under the brand name Intevia. But in late 2005, Acument Global Technologies acquired Textron Fastening. After many months of negotiations, TZ was able to buy back the world licensing rights to its Intevia technology for $US20m in shares issued at $1.27, or twice their sale price on the ASX at the end of January 2007.

In March, the shares were consolidated five-to-one in preparation for the future NASDAQ listing. TZ now has 38.7 million issued shares, of which Acument holds nearly 9%.

The reorganisation of the past 18 months affected the company, with revenue in the 12 months to June 30 totalling $15.8m (down from $20.8m) and a year's loss of $10.8m (previously $592,000). Now, however, the company will benefit 100% from future sales to emerge in the current year instead of a mere royalty stream. Of 37 potential customers identified in March, eight have signed up as "early adopter customers" and another four are about to do so. They include BAE Systems, Boeing, Airbus and leading auto component makers

 

[dj_420]

does anyone hold these guys?

i would have thought that someone given the big names that are been thrown around here like boeing and airbus would be interested.

i suppose more will be known when there is a definite time plan for the de-listing, re-listing etc, and definite earnings projections are given.

i dont know why the company just doesnt keep dual listing BUT with all of its market coming from US i suppose there is little incentive.

does anyone know of a broker who can deal with shares on the NASDAQ for people interested in holding this stock between listings. cheers in advance.

with a market cap of just under 100 million and sp still down near the yearly lows, i would suggest that developments of late has presented a company with very little downside risk. ie re-securing patent for fastener technology, securing contract with storm door company, credit suisse underwriting new listing at a PE of 15 based on next financial years earnings.

anyone else care to comment?

 

[dj_420]

TZL now up over 10% gapped up this morning, however very easy to influence price if big boys want on board, only 35 million shares and over 60% are held by directors and institutions.

is anyone on board this one? judging from my messages no

 

[dj_420]

up a mere 20% and there is no comments? bizarre, anyways with de-listing soon there will be an offer to either purchase shares on all ords or option to hold on and wait for NASDAQ listing, i will be choosing the latter.

 

[j4mesa]

hm...
I did not have this share but will certainly have a look at it......


However the market depth spread are pretty big..

 

[dj_420]

TZL ended up closing at 3.15, came back a bit on the close, it was to be expected though has increased 20% in last two days.

good to see the breakout though, i would like to see the $3 mark hold for these guys now. some news on the M&A front or US listing would help though.

any thoughts guys?

 

[dj_420]

TZL up again on the open 5% +

buy side is building with some decent orders there, not very many sellers compared to amount of people that want in on this one. I would say people are trying to get set before ann regarding de-listing and move to the US.

again thinly traded and not very many shares on offer at all. so this fact can help sp swing wildly both ways. after open running out of sellers again.

Disc: I hold

 

[ta2693]

What is going on?
Some ppl are buying this very aggressively. Who are they with 10000 shares bidding?