TZL 0.00% 2.0¢ tz limited

Luck, having done a bit of business with Malaysian companies it...

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    Luck, having done a bit of business with Malaysian companies it is a mine field. I would hope that Pos Malaysia uses some of their capex set aside but who knows. My feeling is that in the latest broker report (which would have had many of the gaps filled in by a TZ interview) that the $10m from PAD postal for 2016 is $4m from remaining Sing Post lockers and $6m from Pos Malaysia. I'm not sure UPS will ever eventuate and Poste Italiane has a myriad of problems higher on the list than a locker roll out.

    As Billcan states though, that alone is still not enough based on what management are paying themselves. 2016 is another loss year so with a challenging market and high cash burn I see 15c in 12 months as very optimistic. I would expect another cash raise in 6 months and a share price at current levels for the medium turn.

    Remember TZ management think 30% sales growth is tremendous - so a tremendous uptick in share price in their eyes is 11.5c!
 
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