TZL - TZ Limited

[clowboy]

Recomended in the bulletin again, this could be part of the reason for people buying into it, he reckons sources say a 10 bagger

 

[dj_420]

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

i suspect its people getting set on this one before the next ann, there are some expected ann regarding

1 - M&A
2 - De-listing in ASX
3 - Re-listing in NASDAQ
4 - Upgraded future sales figures

only 35 million shares and over 60% is been tightly held by directors and insto's so for any big buyers to get in and get set it will increase price dramatically

 

[dj_420]

TZL released ann this morning, more contracts have been secured with both major automotive and aerospace manufacturers. it seems things are starting to come together for this company.

does anyone else on this forum hold?

 

[j4mesa]

I have been keeping an eye on this from the price of 2.99

dj_420 ,However looking for the long term (see AFR yesterday) , it seems that this company is cyclical in the share price.....
but it has broken its all time high already.........

Will be watching closely.....

 

[Pommiegranite]

TZL released ann this morning, more contracts have been secured with both major automotive and aerospace manufacturers. it seems things are starting to come together for this company.

does anyone else on this forum hold?

I jumped on yesterday. Read the Speculator's article a little later than I would have liked. Oh well:

Come together


Monday, September 17, 2007


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]

TZL up another lazy 40% today on ann that they have secured a number of contracts in the US, slowly but surely the intevia product is catching on and snowballing.

got to a high of 7.20 but a retracement from there was a definite. very few sellers on this one though.

 

[cmdwedge]

Bought in at $4.30 on Monday, dropped immediately to $4.00. Almost sold out at $4.36 but a mate begged me to hold onto them..

He was right. He bought in a few weeks ago at $2.50.

 

[j4mesa]

ouch...................

this is unbelieveable......
I can't believe what I see........
it left me procrastinating............

niw, congratzz....... on all the shareholders !!!!

 

[michael_selway]

I jumped on yesterday. Read the Speculator's article a little later than I would have liked. Oh well:

Come together


Monday, September 17, 2007


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.

Hi have you got a link for this article?

Earnings and Dividends Forecast (cents per share)
2007 -- -- --
EPS -30.2 -- -- --
DPS 0.0 -- -- --


thx

MS

 

[dj_420]

Hi have you got a link for this article?

Earnings and Dividends Forecast (cents per share)
2007 -- -- --
EPS -30.2 -- -- --
DPS 0.0 -- -- --


thx

MS

http://bulletin.ninemsn.com.au/article.aspx?id=296648

there you go, i think sp ran a little ahead of itself but a great company developing here nevertheless

 

[Pommiegranite]

Once TZL is delisted from ASX and relisted on NASDAQ in the first half of next year, what options to current shareholders have?

I know the easy option is to sell before delisting.

However, for the big gains, I would like to hold on NASDAQ. Once on NASDAQ, would Aussie shareholder receive some kind of chess statement so that we can add shares to current trading account?

How about Aussie tax implications?

Would the delisting, relisting be seen by ATO as a sale and repurchase, or would the CGT discount still apply for holding for longer than 1 year?

How about US tax? All I know is that its pretty complex

Thanks

 

[Pommiegranite]

Okay..this may possbily be the most ridiculosly/undervalued stock I have ever come across, bar none, even after it has doubled in a few days

Credit Suisse will be handling the delisting from ASX and relisting on NASDAQ

Current Market Cap @ $5.74 = $229million AUD

As per recent announcement, short term revenue is expected to be $250million US ($304million AUD)

NASDAQ listing with 2008 forecast earnings at a p/e of 15 = Market Cap in the Billions

 

[cmdwedge]

Okay..this may possbily be the most ridiculosly/undervalued stock I have ever come across, bar none, even after it has doubled in a few days

Credit Suisse will be handling the delisting from ASX and relisting on NASDAQ

Current Market Cap @ $5.74 = $229million AUD

As per recent announcement, short term revenue is expected to be $250million US ($304million AUD)

NASDAQ listing with 2008 forecast earnings at a p/e of 15 = Market Cap in the Billions

I bought in at $4.30 and today at $5.80. It has so far left to run that it's not funny.

This is my 'great white hope' stock.

 

[Pommiegranite]

This stock is so difficult to value as revenue forecasts a a little thin on the ground. This is understandable as TZL are in discussions with various leaders in their industries eg Boeing, Airbus, BAE, Tier 1 Auto supplier (wishing to stay anonymous) etc etc.. The list is endless for the Intevia technology.

Recent announcements including that POs have been received from Aerospace and Ground Transport sectors suggest that TZL's revenue is about to increase significantly. With the upcoming NASDAQ float, and M&A of another company to enable this float, revenue is nigh on impossible to forecast with any accuracy.

I've decided to demonstrate that whatever the revenue stream, that this company should not just be valued on current P/E as its a historical calculation, but instead by using PEG. When combined, (and using the companies revenue expectations as per this article:http://www.tz.net/newsroom/press/070623-OzEquities.php ), it demonstrates that the elevator has just left the basement and is slowly nearing lower ground floor (delisting from ASX). Once delisted, the SP will bypass ground and 1st floors and reappear on the NASDAQ at the 2nd floor. Basically what I am saying is that from the PEG ratio, the major gains will be made by those who purchase prior to delisting.

I feel fortunate, that this stock is still listed on the ASX, as we are resource heavy in Oz. Its not every day that once can buy into a technology company prior to listing in the US!

Please feel free to correct my numbers/logic.

 

[Pommiegranite]

Ok..heres an example of a stock which has consolidated superbly.
Currently buy orders are moving up and sell orders are being pulled in anticipation of some major news relating to new purchase orders or the new NASDAQ listing schedule.

Chartists, could this mean that there is a breakout on the cards?

 

[Sean K]

Ok..heres an example of a stock which has consolidated superbly.
Currently buy orders are moving up and sell orders are being pulled in anticipation of some major news relating to new purchase orders or the new NASDAQ listing schedule.

Chartists, could this mean that there is a breakout on the cards?

I agree looks set for a breakout, but which way? If it was in an upward trend, spiked, and then started the consolidation, then I'd expect a break up. I'm not sure if this was in an upward trend though? Thoughts?

 

[Pommiegranite]

I agree looks set for a breakout, but which way? If it was in an upward trend, spiked, and then started the consolidation, then I'd expect a break up. I'm not sure if this was in an upward trend though? Thoughts?

Ok...a little history on what has been happening here.

DKR Oasis had a $20million bond of which they are converting $1million at a time and then dumping in 5k lots on the market.

Everytime they convert, for which we get an annoucement, it is followed by the 5k sells appearing. This has been going on for weeks. (I believe this is the reason why the recent placement was done elsewhere this time).

Anyways...you will note since my last post some 5k lots have reappeared. Either deliberate or undeliberate, this serves to cap the share price (of which I have taken advantage )

So my conclusion is that this will break upwards as the buying is 'real' and the selling is 'false'.

 

[Pommiegranite]

TZL closed today at its 7th consecutive closing high. I'm not sure how common this occurence is, but in my eyes its yet another very a good sign.

The trading today was the clearest indication of capping in progress. I know the term 'capping' is banded about very often, but in this case the reasons are also very clear.

I will see if I can get around to typing up a full brief on his company and reasons why they make up the majority of my portfolio.

 

[moxy]

pommie

I'm aware this stock is heading for a Nasdaq listing by the middle of 2008. Could you explain their delist/relist agenda. Posters on "hotcopper" are saying next week is the final opportunity to get "in". Is this just optimism regarding the price or delisting? I Would appreciate your posting on the merits of the company...the patent sounds amazing!

 

[YELNATS]

TZL closed today at its 7th consecutive closing high. I'm not sure how common this occurence is, but in my eyes its yet another very a good sign.

The trading today was the clearest indication of capping in progress. I know the term 'capping' is banded about very often, but in this case the reasons are also very clear.

I will see if I can get around to typing up a full brief on his company and reasons why they make up the majority of my portfolio.

G'day Pommiegranite, do you have any comments on TZL's fall from grace over the past week. ie from a closing of $5.95 on 2/11 to $4.71 on 9/11, a 21% drop?

Is it just reflective of a bad week for the overall market, or more price manipulation, and perhaps it's an opportunity to top-up again?

I would be very interested in your assessment on this plus your full brief on his company, seeing as you have obviously done a substantial bit of work backgrounding TZL.