TZL - TZ Limited

[Pommiegranite]

There has been some discussion that Acument are selling.

Do you have any views on this?

I did notice a slight reduction in their holding. However, I generally do not base my investment decions on what other shareholders are doing. A new top 20 would help.

I would also like to add that I found it surprising that in Jan 07 Acument allowed TZ to reaquire the Intevia license, so who knows what's going on with Acument's owners.

 

[Eddyl]

Pommie, any thoughts on when this nasdaq listing is going to happen? I've heard alot about it, but there doesn't seem to be any word from the company on how this is progressing. I know they allude to it in alot of company reports, but fixed dates/times frames are never given. It's starting to get a bit disappointing.

 

[Sean K]

Technically, broken though a few support lines.

Hope the fundamentals hold up and it finds a reversal point soon.

 

[Pommiegranite]

Guys, I have no idea when the NASDAQ listing will be announced. However they will have to have filed within the next few weeks if TZ are to meet their 'by Q4' deadline. I cannot see anything yet:

http://www.sec.gov/edgar/searchedgar/companysearch.html


As for the SP action. I have gone on record previously, saying that there are all kinds of things happening which are affecting the SP i.e not just straight forward buying/selling. For example, the 4 sell orders at $10.40, $12.40, $14.80 & $17.50 appear each morning around 8am and disappear at 18:50 pm.

As for the fundamentals, my views haven't changed, and infact have strengthened even further after last week's announcement. Lets not forget that in 3 working days we will be in July, which is the month in which TZ have announced that they will be supplying Larson with their first high volume order.

I've JUST noticed that TZ have closed down 5.64% when a minute ago they were in the green!! Can anyone explain how/why a stock can be dragged down over 5%, by a trade value of $380, over the course of 1 minute?

A highly illiquid one, that for sure

 

[2sense]

A couple of days ago i bid for it at 3.74 when it was going around for 3.90 and then it got executed at 3.61 after the market closed. I think this was a friday afternoon. Can anyone explain this. Is it something to do with options?

 

[bryan_palmer]

A couple of days ago i bid for it at 3.74 when it was going around for 3.90 and then it got executed at 3.61 after the market closed. I think this was a friday afternoon. Can anyone explain this. Is it something to do with options?

I dunno what happened there. But did toneman buy some today? There was a small order in the market depth that looked like his.

 

[MangaNOID]

Guys, I have no idea when the NASDAQ listing will be announced. However they will have to have filed within the next few weeks if TZ are to meet their 'by Q4' deadline. I cannot see anything yet:

http://www.sec.gov/edgar/searchedgar/companysearch.html

maybe they have already applied for the listing? remember a few weeks ago or so when the sp jumped up from low $3 to $5 in a day or two... $5 is the rerquired minimum sp for nasdaq listing which was stated in the link that Pommiegranite provided a few pages ago...http://www.nasdaq.com/about/nasdaq_listing_req_fees.pdf
the price jumped "for no reason" (no announcements)

 

[DionM]

A couple of days ago i bid for it at 3.74 when it was going around for 3.90 and then it got executed at 3.61 after the market closed. I think this was a friday afternoon. Can anyone explain this. Is it something to do with options?

I think it's more along what Pommie mentioned - it's a very illiquid stock. Few sellers, and I suspect you caught a price manipulator out on his dummy bid - congratulations

 

[shaunm]

The price movement is so predictable. Open Ok to firm, then down it goes, back up and then a week finish. And all these p*ss-ant little trades.
Someone is trying to shake the tree real hard. They ain't getting mine, even tho I am in the red.

 

[shaunm]

For example, the 4 sell orders at $10.40, $12.40, $14.80 & $17.50 appear each morning around 8am and disappear at 18:50 pm.

[/B]

Mr. Granite,
What insight can we draw from these obviously fake high priced sell attempts. Geez I would like them to be filled.

 

[shaunm]

maybe they have already applied for the listing? remember a few weeks ago or so when the sp jumped up from low $3 to $5 in a day or two... $5 is the rerquired minimum sp for nasdaq listing which was stated in the link that Pommiegranite provided a few pages ago...http://www.nasdaq.com/about/nasdaq_listing_req_fees.pdf
the price jumped "for no reason" (no announcements)

I really like your train of thought on that one. Mind you I am, like others, extremely keen to get this NASDAQ thing going. So keen I'll latch onto any reasoning.

 

[Mitchy]

Hi Guys,

TZL certainly is a frustrating stock but hang in there guys.

Duttons (US broker) have just announced they have reassigned coverage of the stock and they will issue the updated report within 2 weeks.

http://www.duttonassociates.com/research/tz/notes/tzl_note_062608.pdf

I don't speculate what this means (closer to NASDAQ listing, etc etc etc) but to me any published news is positive and better than speculation.

Cheers,

Mitch

 

[Pommiegranite]

Well...here's the text. I have bolded the parts for which I am reading between the lines. Expect a rerated price target:

TZ Limited Reassignment of Coverage; Rating Maintained at Strong Speculative Buy​

We have reassigned coverage of TZ Limited and are preparing an Update report on the Company, scheduled for publication within the
next two weeks. We believe results for the first half of fiscal 2008 (six months ended December 31, 2007), reported on February 29,
2008, were consistent with the Company meeting or exceeding our full 2008 fiscal year estimates. In addition, there has been a flow of
announcements that confirm the Company's progress in commercializing its technologies. Most recently, on June 19, 2008 TZ
announced that its first purchase order for its TZ's Intevia Enterprise™ data center equipment cabinet security solution was signed with
Interxion, a provider of carrier-neutral data centers. We reiterate our rating for these shares of Strong Speculative Buy rating.​

 

[shaunm]

That certainly looks very encouraging. If they are on target or looking to exceed targets for 2008, that would bode well for the planned NASDAQ listing wouldn't it?

 

[prawn_86]

Another promising ann oput by TZL.

A subcontract awarded to them for defence and military applications.

A purchase order placed by an un-named teir one automotive supplier for intelligent seatbelt buckles.

An update on the Visteon deal, which has now teamed up with 3M also, for use on Intevia in gloveboxs (in current cars) and other applications within a concept car. I had to laugh though twhen they said that it helps fuel efficeincy with the glove box thingo, i mean really, how much does a glovebox lock weigh?

Seriously though good to see things moving forward

 

[grace]

I had to laugh though twhen they said that it helps fuel efficeincy with the glove box thingo, i mean really, how much does a glovebox lock weigh?

The glove box technology is very important in my opinion when also applied in similar applications such as overhead storage lockers on planes. With the price of jet fuel these days, any reduction in weight is of paramount importance! Did you know that when planes are filling up, the hostee will be able to unlock rows 20 - 40 for example and lock up the rest of the lockers, so there won't be any stealing of other peoples lockers. Just one application, but a sensible, weight saving, intelligent one.

All planes will be using their technology one day in my opinion. It saves them heaps of money on fuel even considering the cost to buy.

Go TZL!

 

[prawn_86]

I agree Grace, i just found that part of the ann amusing thats all.

2 big questions remain however:

1. When is the NASDAQ listing
2. Can/will they actually turn a profit from this? We need some hard figures before i am 100% comfortable

 

[MangaNOID]

We need some hard figures before i am 100% comfortable

yes would be nice.
I do think we might have to wait 6 months for some good figures though. end of year report in a few weeks? time probably wont reflect much?

 

[shaunm]

Well guys one of the haunchos (DF) hinted that securing 4 major purchase orders would see them primed for NASDAQ. With the 2 announced today BAE & "major tier 1 auto" it looks very good.
Waiting with anticipation.

 

[birdmanz]

Possibly something else in the pipeline

From Faurecia's website...another early adoptor

http://www.faurecia.com/data/en/download/press_release/2008/faurecia_pr130308en.pdf


The actuator that makes this system possible involves a breakthrough technology that Faurecia developed with a specialist-partner, the Fraunhofer Institute. Once the pre-crash sensors give the signal, a wire switch made of Shape Memory Alloy (SMA) releases a spring-loaded bolt that effectively extends the metal tube from the seat to the door on each side of the vehicle. Another actuator closes the gap between the door's exterior shell and interior trim. The result is the creation of a continuous metal tube within 60 milliseconds of the initial signal that redirects the forces of the
collision away from the b-pillar."

certanly look like an intevia initiative...still a few more years in the making tho