Australian (ASX) Stock Market Forum

TZL - TZ Limited

Guys, it is plain to see how the SP is being toyed with by one party.

This stock is highly illiquid and is getting more so day by day.
Very illiquid! To mop up some excess cash I had in one trading account, I placed a small top-up buy order for only 279 units and it got filled over 3 tranches over nearly an hour!:)
 
I'm new to this forum, but have been looking at TZL. The Intevia technology looks interesting, but I think some of the stuff pommie is saying is very extreme. Its great some big contracts are coming on, but I very much down that TZL will be the biggest company in the world, merely from smart fastening devices.
Why would the US reaction be so much different from Aussies?
 
Few things eddy.

10 year patent on the Unique designs and own manufacturing base.
US Market (Auto, aerospace) is HUGE and way ahead of technology uptake compared to Oz.
NASDAQ is THE tech stock market; have a look at the companies and prices on the NASDAQ

Mr. Granite isn't the only believer. Our friends over on the HC forum are as equally excited.
OK maybe not THE biggest company in the world, but a huge potential.
:)
 
Word to the wise ShuanM.

HC is an extremely "excitable" forum. Every share on their is going to go to $100. Don't believe everything you read ;)
 
Word to the wise ShuanM.

HC is an extremely "excitable" forum. Every share on their is going to go to $100. Don't believe everything you read ;)

Yes point taken. They seem to be given quite a free reign to make all sorts of predictions on HC. Some of it is backed up but it is definitely not monitored like here on ASF; which I do appreciate.:)
 
Yes point taken. They seem to be given quite a free reign to make all sorts of predictions on HC. Some of it is backed up but it is definitely not monitored like here on ASF; which I do appreciate.:)

Touche! (as in too-shay not touchy) :)

Although I do not hold TZL, I will be interested to see this Nasdaq listing. Does TZL have big clients booked in for big orders?
 
Can anyone actually explain to me how the price goes up and down when there is no volume traded. It has always been a mystery to me. Does the price drop to 1c if I sell my self a share for 1c or go up to $10 if I sell one for $10?

It is utterly bizarre, I have never understood how it works.

S
 
Does the price drop to 1c if I sell my self a share for 1c or go up to $10 if I sell one for $10?

S

The short answer is "yes", if you can afford the brokerage. Can be "window-dressing" by someone trying to influence the market for their later transactions.
 
Maybe have a look at TZL's past announcements. There a good read and should tell you all you need to know. Its a very good way to research a company!

And to add to this, it's best to go back as far as 2005 and read every announcement in order, and not just the quarerlies and annuals.

So many people get disheartened by the apparent lack of progress. By doing the above, one can make their own decision as to how much progress has been made.
 
Boy it's a real arm wrestle today. Very low volume and buyers need to go 4.80's to get a piece. I picked up a few at 4.84 and had no luck with my offers in the 4.70s.
There's a chunk of buyers around the 4.50 mark....I don't like their chances.
:)
 
Big volume today (121699) I'd say the anticipation is building regarding DKR converting their holding in TZL and the impending NASDAQ listing.
Could it be that buyers may be of the opinion that the opportunity to accumulate at sub $5 may be be fast running out; this is based on a survey of 1:)
 
Big volume today (121699) I'd say the anticipation is building regarding DKR converting their holding in TZL and the impending NASDAQ listing.
Could it be that buyers may be of the opinion that the opportunity to accumulate at sub $5 may be be fast running out; this is based on a survey of 1:)

TZL has been down two days in a row. It doesn't seem like there is much excitement about the Nasdaq listing. Somehow I think some people on this thread might be slightly disappointed by its listing. Bad news for pommie, from what he says he has everything he owns in the company.
 
Eddyl,

Firstly, TZ has been down (just) for the last few days after a big run from the late 3's in the past few weeks.

Secondly, there remains no announcement regarding NASDAQ. When that does come, and there seems every indication it will be this year, stock under $5 will be hard to get.

Thirdly, DKR have to convert sometime in the next few weeks, a considerable number of shares (unless sold off-market), and buyers are unlikely to chase prices much higher than current prices in the interim.

And finally, as we get closer to NASDAQ listing (following the announcement), expect TZL to follow with greater disclosure on purchase orders, updated revenue models, etc to boost interest. Right now, they have been completely silent, and interest in TZ continues to remain strong.

(Need I add directors purchases and market manipulation to this list?)

I think TZ will surprise to the upside in 12-18 months.
 
TZL has been down two days in a row. It doesn't seem like there is much excitement about the Nasdaq listing. Somehow I think some people on this thread might be slightly disappointed by its listing. Bad news for pommie, from what he says he has everything he owns in the company.

Eddy,
I don't follow your line of thought. The price has been in a fairly constant holding pattern but volume has increased significantly. I am of the opinion that interest is definitely building. On similar forums TZL is one of the more frequently discussed stocks.
:)

Pommiegranite, are you feeling disappointed by the "listsing"??
 
Eddy,
I don't follow your line of thought.
I guess, what I was trying to say was that, wouldn't this be the perfect time to accumulate before the nasdaq listing, when it is expected the company will revalued at a much higher price

OK. In that case I thoroughly agree with you. I have been busy picking up small parcels lately myself, and have an expectation/hope that once we hit mid June that some announcements start flowing as the SP will find it's level unhindered by, what looks suspiciously like, manipulation.:)
 
Closed up a small amount- I think we have been seeing some accumulation around these levels, big change in volume over the last 1-2 weeks.

Cheers.
 
From my understanding, there will be an offer to us shareholders (at a small premium I expect) to take stock of our hands.

You can accept and be paid, or hold out for the transfer to NASDAQ, where upon you will receive equivilent stock in the new company.

Should you decide the latter, you would need to find a broker who allows you to trade NASDAQ shares (I believe Comsec provides this service).

This part I'm not sure about, but I'm assuming that in the US there is the equivilent of CHESS. They would provide a number for your holdings (equivilent of HIN). It is this number which you would provide to your new broker to have your shares available to trade in your new account.

Remember, that directors are also major shareholders, so they will do what is in their and our interests.

Hi Pommie,

I think that comsec uses a 3rd party company to trade shares internationally? Am I right in saying though, that there is a holding fee of 50-100USD a year? thats a hell of a lot in brokerage.
 
Hi Pommie,

I think that comsec uses a 3rd party company to trade shares internationally? Am I right in saying though, that there is a holding fee of 50-100USD a year? thats a hell of a lot in brokerage.

I posted many pages ago my discussion with Comsec. When you tick the box to have shares listed on nasdaq, you only have to join comsec international trading to sell them. I was advised by comsec to only join 6 wks before you were looking at selling, and no yearly fee incurred. If you want to trade them, that will be a completely different story. The cost was something like $65 per year to keep the account open (charged if no trades in 12 months).
Cheers Grace
 
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