TZL 0.00% 2.5¢ tz limited

weekend postings may inspire some excitement, page-19

  1. 1,373 Posts.
    Yes Donr, and well done Bev. The Visteon deal involves 16 million glovebox units pa from 2009. Obviously these are using the second generation fasteners adapted for the automotive and similar industries requiring large numbers of cheap units. These are not the expensive units shown in the Intevia site videos and so open up a vast new array of applications. With prices likely to be less than $10 for mass market applications the future for TZ increases at an amazing rate. That Visteon is willing to use the Intevia brand name is a sign that they have secured supply for an all new platform that will continue to expand. This also means an ongoing earnings stream as part of an entrenched platform so will support the IPO valuation going forward over many years. It surely cannot be long before the IPO process is announced with deals such as this already being put in place. I would value the shares based on this single deal (once the orders are received as they surely have been) at well over US$50 at even an ASX average pe. How is it possible to assign a lower figure (assuming the order is received). If the order has not been received and they are supplying a platform then how can Visteon possibly have acted in so reckless a fashion as to announce the figure?
 
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