TNT 0.00% 13.0¢ tesserent limited

Is this company under the Radar, page-42

  1. 1,353 Posts.
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    Yes, under the radar.

    Hopefully won't be in a few weeks after 4C released.

    Tesserent has a long history of executing poorly and letting the market down. Hence, the low share price. People just don't trust TNT to execute anything competently or hit their targets (think Blue Reef acquisition which could have sent TNT broke, dumb "cyberbiz" small business strategy, backing out of Asta acquisition after announcing it to the market, moving to expensive Security Operations Centre when the revenue wasn't there to justify it).

    I'm hoping TNT produce some good numbers with the upcoming 4C, and execute the investor / broker communication well. Not rocket science, although TNT has made a hash of 4Cs in the past (ie releasing them on the last day of the month after 4pm to try and "bury" the bad result). Investors are not that dumb.

    Tesserent needs to win back the market's trust after years of low organic growth, high costs and poor investor communication. I say my prayers every night that Mr Langford came on board when he did, and possibly saved the company from going under. Yes, things were that dire. And in the cybersecurity space, and with a business that was profitable before Listing? FFS, talk about poor management of a reasonable business with potential. Like going broke selling beer in Australia (I think Alan Bond did go broke selling beer??). Geoff Lord has seen the potential in TNT, let's hope we see execution.

    Bottom line is TNT should be making money on 40 million revenue. No excuses.
 
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Currently unlisted public company.

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