TZL 0.00% 2.0¢ tz limited

I think there is an overly negative tone here which is fair...

  1. 1,181 Posts.
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    I think there is an overly negative tone here which is fair enough with the SP where it is.

    The financials however to me look ok for the following reasons:

    They have been cash flow positive on operations the last 2 quarters, this quarter should be cash flow positive as well.

    Looking at the cash flow on operations for 2016, the improvement from 2015 is good (-$3m to -$1.8m)

    Also the receipts from customers ($21m) and payments to suppliers ($19m) in 2016 is quite close in number which bodes well for the future IMO.

    They have $6m in cash and another $6m in receivables compared to about $9m in current debt.

    So talk of them going under is fanciful.

    Kenneth and Mark have solid resumes. I will bank on them to deliver long-term. I wish I had held off buying at 10c but I don't think it will be at this level once the quarterly is released at the end of next month.

    And in case anyone is wondering, I am not affiliated with TZL in anyway.
 
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