TPI 4.29% 73.0¢ transpacific industries group ltd

reports wednesday, page-2

  1. 548 Posts.
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    There are a few similarities, but I think it comes down to
    management. ABS were inflating figures from takeovers in an unconventional way, that is inflating licence values. TPI are making genuine long-term strategic purchases.

    The level of debt does make me nervous, but I think TPI will be OK.
 
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Currently unlisted public company.

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