One of the main reasons TZL is in the predicament it is is because we have greedy directors. What other business losing lots of money and failing to deliver on any of its promises would pay part timers $800k salaries for 6 years straight? I posted a while ago that I was told Pos Malaysia would not be placing a PO for lockers, sure enough it was true. Just like my post on them missing the revenue target. UPS is not going anywhere either so how do they plan to deliver returns - it's simple, they don't. He preaches on in his columns about Mums & Dads not getting a fair deal from mortgage providers. I would say that is complete rubbish as Mum and Dad investors in TZ are getting their 'investments' smashed by poor company governance. TZ is a house of cards, as soon as they can't raise more capital it's gone.
TZL Price at posting:
9.6¢ Sentiment: None Disclosure: Held
