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Ann: TPG to Acquire iiNet in a Recommended Transaction, page-34

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135 Posts.

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13/03/15

12:13

Post #: 14908743
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Originally posted by Papina ↑

A lot of people have been complaining that TPM and IIN are over priced for years. I got in early 2011 on both, and people just like you were complaining then about how it was overvalued at 1.70 and 2.50 levels. Those people then didn't understand the value of a good ISP, and now with cloud services and VOD still in its infancy in Australia, people like you still don't understand the value that hasn't even been close to fully tapped into yet.

In the short term you may well have have made a good trade based on luck, or perhaps you have been caught with your pants down and don't wish to admit it, but long term, TPG and IIN together are a powerhouse that will make today's gains seem small by comparison.

long term, today's gains are just a blip on my TPM/IIN portfolio holdings, a very nice blip, but a small blip compared to what's to come and what's already been in these two fantastic companies.

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Well said Papina. !

TPM Price at posting: $8.89 Sentiment: None Disclosure: Not Held

IIN Price at posting: $8.64 Sentiment: Buy Disclosure: Held
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