Australian (ASX) Stock Market Forum

TZL - TZ Limited

Yep I think its a gut thing going on. Different to hope I summise. I've bought down at 399 399 360 320 after picking up initially 3 times at the mid 5"s in nov or there abouts. Brings my average down. I will continue to buy sub 4. This is a window of opportunity in my book. 286 would have been nice today after yesterday but had to go for 320. The dude in for 100k or so shares at 285 overnite was a serious player or is it a corporate gig going on. Lots of small parcels again last few days or so. Lower the better in my book at this stage. I'm a buyer
 
There's been some very encouraging buying going on lately, and against the market direction too.
Let's hope this continues.
Does anyone have any thoughts on the how they feel the next few months will pan out; crystal ball stuff I know, but anyway.
:)
 
I intend to sell my holding if we see 450 again. My average is now 4.43. I think the volatility can be used to improve my position by buying back in later, to increase my holding before going to NASDAQ. If the stock gets up around 450 again I think the chances of it going lower are far greater than it going higher unless they announce a substantial order or similar. From what I see of the market, buyers are supporting blue chip stocks moreso than speculative stocks. If the stock went higher on an announcement or rise in the XAO, I think that any significant fall in the XAO would bring it down moreso than it has previously, as we have seen recently. Higher volumes mar 14-20 compared with a rising SP on lower volume indicate to me, there is a big fear factor out there at the moment which has now lowered the trading range. I don't think we have seen the bottom of this stock yet. 2.50?? so I want to be there when it happens. I'll see how it goes and sell short if I have to around 410. The DKR factor is in my mind as well, so will have to get out and in if I can without egg on my face. Or was it falcon poo:)
 
ntphil

On the 17 Feb you said "Will be a long term hold for me"

What has changed with this company for you to consider selling?
 
To buy back and improve my position . I will be topping up as well. My opinion hasn't changed. A bit risky if I get caught out with a rising SP but as noted there seems to be a lot of fear in the markets so I want to take advantage.:)
 
Because I intend to hold this stock I want to accumulate shares. Taking a 10% loss then buying back later with an increase of shareholding of 40 or so % is a gain in my book.I am trying to accumulate as many shares as I can, for the $$$ I have. If I sell, I will be uncomfortable being off the register, but I suppose you have to back yourself sometimes. :)
 
In February your comment implied you were going to invest in the stock. Now you are going to be a trader in TZL.

A couple of comments if I may?

Trading highly illiquid stocks is dangerous to say the least. You seem to be relying on hope with this one.

ie Hope the prise will rise so you can sell, then hope the price will fall so you can buy again. You are placing the balance of probabilities against you. Also, why crystallise a loss to find you might not be able to get back in cheaper. You have effectively reduced your trading capital to start with.

Capital preservation is the first rule in any successful traders book.

cheers
 
Point taken. It is a risk. Thanks for the reality check. My intention was to better my position not to trade the stock on an ongoing basis. In reality everyone is "hoping" that the SP will increase. Is that not the same as "hoping" the price will fall after selling?
:)
 
Afternoon everyone

I was doing some research on TZL for a relative, after they bought some in their super fund. I came across this forum and found it a most interesting discussion, as most of what is being discussed flies in the face of everything I have been taught about trading from some quite successful traders.

As far as I can see, on a weekly chart (unless you're a day trader, why would you use daily charts), this stock has been in a steady down trend since the week ending 28 September 2007, yet people are still wanting to buy in due to a proposed listing in the US and lord knows what other possible contracts, with the hope that the share price will spike.

The short term MA crossed down through the medium term MA at the end of January and Volume has been in a down trend since the middle of September.

Am I missing something here? I was taught, buy in an up trend and sell in a down trend. I was always taught to trade with the market and be rigid with my stop losses - 2ATR (15 day) and I am out of there. No thought, no emotion. I was taught not to read or listen to announcements in the media, as the market will tell you everything you need to know. When this share reverses its trend, the market will tell you so. You may not get in at the bottom, nor out at the top, but that's fine.

I am just astounded that so many want to keep buying a stock that is trending downwards and then holding onto it past any reasonable stop loss in the hope of what may come.

What happened to the basics of trading with the sentiment?

I just can't justify to my sister keeping these shares and have advised her to cop the loss and sell. When and if the hoped for announcement does come and the stock reverses its trend, I will possibly advise her to climb aboard, if the company's fundamentals are sound, which I have not as yet examined.

I don't want to cause any angst here in this forum, guys, but everything about what has been discussed re: TZL just defies any trading logic at all. Buying or holding shares because of what might possibly happen in the future is fraught with danger. Trading is about probabilities, not possibilities.

Maybe the stock will spike to $15 and you'll all be crowned legends. It still doesn't make it right, fundamentally.

Cheers
 
Honkin,

It depends as to whether you are a trader or an investor. If you have a 5, 10, 20 year timeframe, then the timeframe is hugely different and you can handle big retracements.

There are plenty of other threads debating trading vs investing so you can discuss further in them if you wish.

Welcome to ASF btw :)
 
http://www.intevia.com/

Maybe you have already seen this, but there's a nice promo movieclip of Intevia (TZ productname).

Also under products you'll find movieclips of some productgroups.

I tought just to bring this up, it looks verry interesting.
 
Afternoon everyone

I was doing some research on TZL for a relative, after they bought some in their super fund. I came across this forum and found it a most interesting discussion, as most of what is being discussed flies in the face of everything I have been taught about trading from some quite successful traders.

As far as I can see, on a weekly chart (unless you're a day trader, why would you use daily charts), this stock has been in a steady down trend since the week ending 28 September 2007, yet people are still wanting to buy in due to a proposed listing in the US and lord knows what other possible contracts, with the hope that the share price will spike.

The short term MA crossed down through the medium term MA at the end of January and Volume has been in a down trend since the middle of September.

Am I missing something here? I was taught, buy in an up trend and sell in a down trend. I was always taught to trade with the market and be rigid with my stop losses - 2ATR (15 day) and I am out of there. No thought, no emotion. I was taught not to read or listen to announcements in the media, as the market will tell you everything you need to know. When this share reverses its trend, the market will tell you so. You may not get in at the bottom, nor out at the top, but that's fine.

I am just astounded that so many want to keep buying a stock that is trending downwards and then holding onto it past any reasonable stop loss in the hope of what may come.

What happened to the basics of trading with the sentiment?

I just can't justify to my sister keeping these shares and have advised her to cop the loss and sell. When and if the hoped for announcement does come and the stock reverses its trend, I will possibly advise her to climb aboard, if the company's fundamentals are sound, which I have not as yet examined.

I don't want to cause any angst here in this forum, guys, but everything about what has been discussed re: TZL just defies any trading logic at all. Buying or holding shares because of what might possibly happen in the future is fraught with danger. Trading is about probabilities, not possibilities.

Maybe the stock will spike to $15 and you'll all be crowned legends. It still doesn't make it right, fundamentally.

Cheers

You were doing some research on TZL? What did you find from your research that has made you post this utter tripe?

Lol...your technicals seem to very questionable at best!

Did you notice that of the 45million share script, on average 40K are traded a day? i.e lesss than 0.1%!!!

Isn't volume one of the main indicators for real technical traders.

I suggest you stick to the fundamentals to give you the answer to why the SP is where it is at.

Attend AGM & EGMs. Speak/Email management. Analyze the accounts, line by line. Understand the potential market. Read every announcement since 2005 etc etc. Do your relative at least this favour.

I guess some people have identity crisises and don't know whether they are technical traders or fundamental investors.

ps...a little further basic advice: When trading, find a stock that is sufficiently liquid. TZL is not.
 
Hi everyone,Thanks for all the info on TZL. I have been holding my shares since early last year and have no intensions to sell. In regards to Honkin's coments, maybe he should look at the reports dated the 3 September, which shows the potential Market for Intevial till 2011, it looks very exciting. Also all the Early adopter customers to possible come on board. I have bought 3 times and will buy more.
 
Honkin,

Re your most significant comment as follows:

"....if the company's fundamentals are sound, which I have not as yet examined.",

as you seem to know very little about this company, I fail to see how your comments can be taken seriously.
 
Honkin,

Great advice. I'm not sure how TZ qualifies to being in a downtrend given over the past few weeks its bounced off 2.90 easily and is now back to 4.05 last time I checked. What charts are you using?

I'm sure your advisee was grateful. Perhaps next time in your research a look at not just the fundamentals but the way the stock trades would be helpful
 
Interesting announcement out today - TZL were involved in the prestigious aircraft interiors expo in Hamburg and had Intevia enabled access panels all locked up in a secured area so the "client" could only let in who they wanted. This is all very secretive stuff, so I guess the protection of clients' identity continues. I expect one might be able to guess who though.....

A large Aerospace company, who requested not to be named at this time featured Intevia ®-enabled access panels for aircraft in a secured area of their exhibit booth which demonstrated IFT guarding against unauthorized access

This is all very positive, after all, if you were not going to put it in, why hide it from the public?
 
Another feather in their cap at the prestigious world superyacht awards, winning the best new technology section.

INTEVIA WINS PRESTIGOUS WORLD SUPERYACHT
AWARD IN TECHNOLOGY


CHICAGO, ILLINOIS, USA – 21 April 2008 – Intevia ® Intelligent Fastening Technology (IFT) has been awarded the coveted Boat International World Superyacht Award in the Technology category at a gala event held 18 April in Venice, Italy. This prestigious award,

The Neptune, was presented by Boat International Media, the world leader in superyacht publishing for over 20 years.

Overall, the World Superyacht Awards celebrate the excellence in innovation and technology that goes into designing, engineering and constructing the world’s most exceptional superyachts. A panel of superyacht owners and respected industry professionals including project managers, captains, naval architects, shipyard owners and engineers chose Intevia ® Intelligent Fastening Technology as the best entry in the Technology category.
 
This is great news.
It would be also good to hear about the progress on th planned NASDAQ listing as the time must be coming soon; I believe I read that is takes 5 or 6 months to do the listing.
:)
 
some take more notice of what a name broker or analyst says than what unidentified posters so here is what comsec says:
Business Description
TZ Limited (TZL) invents and develops a range of intelligent fastening devices with the potential to replace traditional screws, nuts, bolts and latches etc. in a broad range of applications. The Intevia branded devices use miniature electronics, sensors, wireless networking and shape memory alloys to allow remote and secure operation making them suitable in areas where security and convenience is beneficial.

Company Strategy
TZ receives design and engineering fees for developing custom Intevia applications for its customers. The commercialisation process requires Early Adopter Customers to make an initial commitment once an application opportunity is identified. Once the custom application is developed and approved by the customer, a purchase order for production volume levels is issued. By 2008, the company had secured commitments from twelve Early Adopter Customers with one converted to the production volume PO stage. In early 2008, TZ raised A$24 million to scale up engineering and sales resources to service and grow its Early Adopter Customers base who have so far identified more than 90 application opportunities. In 2007, the company released indicative figures for Intevias potential market based on 37 application opportunities identified by its twelve initial Early Adopter Customers. Revenues from Intevia are potentially greater than US$100 million by 2010. A NASDAQ listing is planned for2008. TZ reported positive cash flow of $5.82m for quarter ended 31 December 2007. Operating cash flow for the period was $(4.89m). Investing cash flow was $(375,000). Financing cash flow was $11.09m. Cash in hand at the end of the quarter was $10.72m
 
some take more notice of what a name broker or analyst says than what unidentified posters so here is what comsec says:

Commsec have no more information than you can do from your own research. Dutton's however are privvy to more information as they are paid by TZ.

The announcement of the release of Intevia Enterprise (a couple of weeks ago) makes all of the other target markets pale into relevent insignicance.

Please review the latest Duttons report, and you will see how gargantuan the target market is for Enterprise.
 
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