TZL - TZ Limited

[UBIQUITOUS]

Only just had a chance to read it then. And yes it does sound promising. Good to see current management do what previous failed to; provide clear and detailed shareholder updates.

I would still like to see some actual figures, margins and timeframes, but am aware that with the state the co has been left in this could take some time. This is a step in the right direction, but the next step will be getting cashflow neutral and sorting out all the court cases etc...

I still think it will be a while before they re-list (doubt it will be this year), and im wondering what size the proposed cap raising will be, and if they will ever get back any of the embezzeled money.

Very constructive Prawn! I have to agree with ALL of what you wrote. Of course the ultimate test is market acceptance. Yes, unfortunately we will require a cap raising. However, it is clear to see what TZ are doing. They are going to boost earnings and sentiment, so that the equity dilution will be at a higher price. Makes sense.

 

[bryan_palmer]

According to the new TV show The Apprentice Mark Bouris is a very good business man. He might fix this company up.

 

[UBIQUITOUS]

According to the new TV show The Apprentice Mark Bouris is a very good business man. He might fix this company up.

As chairman, unless he is like his predecessor which is highly unlikely, he will work in the best interests of TZ and its shareholders. So yes he will fix the company but not 'fix this company up'

 

[UBIQUITOUS]

QVT willing to convert their $24million+ debt into stock. What ever do they see in the company

Anyways, back to the kitchen. The oven is preheating. Humble Pie ready to go in.

Prawn - 2 dates for your diary:

1) AGM in November
2 ASIC's vs the former board (2 weeks at the Supreme court of NSW) in March. You still sure about that 'slap on the wrist'?

 

[prawn_86]

You still sure about that 'slap on the wrist'?

Positive.

First offence, plea bargaining etc etc will make it a non event punishment wise. Not TZ or ASICs fault, its just the way the law system works. Plus i bet he has got enough stashed away in wifeys name or offshore trusts that he will be set.

 

[UBIQUITOUS]

Positive.

First offence, plea bargaining etc etc will make it a non event punishment wise. Not TZ or ASICs fault, its just the way the law system works. Plus i bet he has got enough stashed away in wifeys name or offshore trusts that he will be set.

No offence, but seeing that you've been wrong about pretty much everything so far relating to this affair, I would hold of on any more predictions and just watch.

Still reckon TZ are going to be definitely liquidated? Your thoughts on QVT taking stock in TZ?

Is there something that you know that the $5billion hedge fund, with access to the company operations, doesn't?

Do you really think QVT have been spending the legal fees just so the former board gets a slap on the wrist?

An example is going to be made of this lot.

 

[prawn_86]

Is there something that you know that the $5billion hedge fund, with access to the company operations, doesn't?

We should all have access to the same info. If QVT know something we dont then it is insider trading...

 

[surfingman]

This is a very interesting case, Mark Bouris has a vast amount of experience with Wizard Home Loans then GE finance, he is now creating another solid Financial Services company.

He's very down to earth and very business savvy I look forward to sit on the sidelines and watch the outcome of this one.

 

[UBIQUITOUS]

We should all have access to the same info. If QVT know something we dont then it is insider trading...

Oh dear... what tosh! You really are showing an extremely naive view on this matter Prawn. I suggest you do some research on how capital investments take place, and while you're at it, look up the term 'Due Diligence'.

No probs with being incorrect. We all have opinions and are sometimes incorrect. However, spouting stuff off with an air or knowledge, but instead have little knowledge about, is just plain silly.

 

[UBIQUITOUS]

This is a very interesting case, Mark Bouris has a vast amount of experience with Wizard Home Loans then GE finance, he is now creating another solid Financial Services company.

He's very down to earth and very business savvy I look forward to sit on the sidelines and watch the outcome of this one.

Yes, it will be interesting. The amount of media attention that Bouris draws to TZ will also be very interesting.

 

[sharer]

Does anyone know what happened to TZL. I am a shareholder. Have I lost my money? I have been trying to follow news but it doesn't really say anything regarding shareholders money

 

[prawn_86]

Does anyone know what happened to TZL. I am a shareholder. Have I lost my money? I have been trying to follow news but it doesn't really say anything regarding shareholders money

If/when they relist you will be able to sell them again, but what the price will be when they come out of suspension is anybody's guess and depends on the condition of the company at the time.

 

[newatthis]

Does anyone know what happened to TZL. I am a shareholder. Have I lost my money? I have been trying to follow news but it doesn't really say anything regarding shareholders money

If/when they relist you will be able to sell them again, but what the price will be when they come out of suspension is anybody's guess and depends on the condition of the company at the time.

All this is new to me- I have inheritedstock in this company. Can you tell me what has happened? Please

 

[prawn_86]

All this is new to me- I have inheritedstock in this company. Can you tell me what has happened? Please

I suggest you spend an hour or so reading over this thread and the announcements TZ has made to the ASX over the last few years.

Hope that helps

 

[UBIQUITOUS]

On 22 October, Dell will launch the Adamo XPS. Shareholders should pay particular attention to heat sensitive opening mechanism, as this will be a focal point of this notebook and possibly an application which TZ developed.

http://www.engadget.com/2009/10/17/dells-2000-adamo-xps-launching-october-22-with-heat-sensing-op/

 

[UBIQUITOUS]

On 22 October, Dell will launch the Adamo XPS. Shareholders should pay particular attention to heat sensitive opening mechanism, as this will be a focal point of this notebook and possibly an application which TZ developed.

http://www.engadget.com/2009/10/17/dells-2000-adamo-xps-launching-october-22-with-heat-sensing-op/

Confirmed!

TZ Locking Technology Featured on the Dell Adamo XPS

http://www.send2press.com/newswire/2009-11-1116-001.shtml

 

[prawn_86]

Confirmed!

TZ Locking Technology Featured on the Dell Adamo XPS

http://www.send2press.com/newswire/2009-11-1116-001.shtml

Nice. Now an estimate of units and margins are all we need to see whatit will do for the co. Margins in particular would be nice, cause there are a lot of uses for their products

 

[UBIQUITOUS]

Nice. Now an estimate of units and margins are all we need to see whatit will do for the co. Margins in particular would be nice, cause there are a lot of uses for their products

That is going to be tricky. Generally laptop manufacturers don't give specific model sales numbers, so TZ will be restricted to release info on that front. It is something that we have to estimate ourselves from other figures. I have read that the luxury laptop market is about 3mill. I have also read that Apple has 90% of the luxury notebook market. I would say that Dell are targeting/expecting at least 500k units. As for margins. Its anybody's guess - $5 to $20 net per unit would be a reasonable range. So I estimate TZ will net $2.5m to $10m pa through this deal. This equates to a share price of 75c to $3 per share (based on a conservative tech p/e of 30)

 

[grace]

That is going to be tricky. Generally laptop manufacturers don't give specific model sales numbers, so TZ will be restricted to release info on that front. It is something that we have to estimate ourselves from other figures. I have read that the luxury laptop market is about 3mill. I have also read that Apple has 90% of the luxury notebook market. I would say that Dell are targeting/expecting at least 500k units. As for margins. Its anybody's guess - $5 to $20 net per unit would be a reasonable range. So I estimate TZ will net $2.5m to $10m pa through this deal. This equates to a share price of 75c to $3 per share (based on a conservative tech p/e of 30)

As long as TZ get some money in soon, I'm happy. The piggy bank needs a top up in the short-term.

 

[Eddyl]

Long time since I posted. Does anyone have any idea what so ever about TZL, I understand they are going through some legal issues, but what has happened to my holding? Is it simply a write off, or will they ever relist on the Aus stock exchange?

These questions may sound silly, but there is little to no information floating around about this company anymore.