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TZL - TZ Limited

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Glad I do not listen to Patersons research team. Hovering on 36 cents again.
 

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The price was likely to drop to ~35c after the newly issued shares. Personally i wouldnt try and catch this one out on a bargain but wait till the ball is already rolling.
 
lemontree said:
The price was likely to drop to ~35c after the newly issued shares. Personally i wouldnt try and catch this one out on a bargain but wait till the ball is already rolling.
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I made a similar comment some months ago and I'm still waiting - but not with much enthusiasm now.

It's been a good example of leaving things alone until elementary TA indicates some sign of interest/recovery. Saved me a packet!

 
oldblue said:
I made a similar comment some months ago and I'm still waiting - but not with much enthusiasm now.

It's been a good example of leaving things alone until elementary TA indicates some sign of interest/recovery. Saved me a packet!

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Elementary FA would also tell you to leave it alone until it's proven itself.

A company that has sold nothing before hopes to sell a lot of something new they just released... What warrants the benefit of doubt that they can hit the sales they want to achieve?
 
Intersting development today.

Licencing and developing products for British American Tobacco delivery vans in Malaysia.

630 Vehichles is expected to deliver USD430k over 3 yrs including up front costs and trailing %.

This equates to about $650 per vehicle over 3 yrs. Onviously this contract itself is not a company maker, but if you think of the amount of delivery vans worldwide, if you got $200 pa for every delivery van in the world (or even half)...
 
While I know market depth means little, it is looking very sick for TZL atm with especially if you wanted to get out.

It does look like a few people willing to buy in at 30c though but looks to be plenty of supply there atm as well.
 

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LOL.. I've decided to help the sellers.



But for an even uglier depth...

TYO also wins my award for most obscure product on the ASX - automatic mahjong tables!

 
Yes indeed nomore. Although this is due to the underwritten placement and lack of newsflow. This needs to change. When/if it does, things should change. Crunch time coming up!
 
More than likely going to be resistance around the placement price, unless we get a surprise announcement .....

Think i grab a few this week........
 
The rights TZLR still show up in my CHESS holdings in Comsec. I didn't exercise or trade those rights. How do I get rid of them?
 
Hmm......

Looks like an email to ComSec might be needed. They'll probably claim "end of year pressures" and holiday absences for their tardiness!
 
A little quiet around here recently. Accounts due out today. I wonder if us faithful shareholders will have something to smile about.
 
UBIQUITOUS said:
I wonder if us faithful shareholders will have something to smile about.
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Seems unlikely int he short term. I have written off my parcel but who knows, one day they might pull off a large contract and things could turn around...
 
Still pretty much wind and tumbleweeds when it comes to TZ. Nothing really happening, or if it is they aren't informing the market.

Slowly slowly
 
prawn_86 said:
Still pretty much wind and tumbleweeds when it comes to TZ. Nothing really happening, or if it is they aren't informing the market.

Slowly slowly
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Price looks to have bottomed. I guess for the patient investor its a case of collecting as much tumbleweed as possible at these prices. I wonder why the company is so quiet...
 
I came here from the, what are you holding thread.. rather excited to be honest. Read the website etc. But from the look of it, and especially after the posts above, I am struggling to get myself to invest even a small parcel here..

Any thoughts would be greatly appreciated.
 


Looks like TZL is one of the real bargains of recent times on the ASX. All it requires is that first deal to show to the world. Some will argue that can be said about many specs, and they wouldn't be wrong.
 
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