poor performance this week, page-11

Benson's quote,

"but i look at the 8 successful years of experience in japan and korea,and how the largest european and US telco's r following,and the plans google and apple have.All the above companies which basically covers the globe r using or have plans to use this technology to grow in the nfc advertising and finance sectors.I prefer to back those "know alls" compared to yr thoughts"

To be backing those companies would mean selling TLS and investing in them surely?

The first things a good manager should do when trying to turn around a business is simplify operations, work hard to impress your customers and improve market share.
I'd say Thodeys first few years have been pretty good so far considering he's operated with a gun to his head from the start.
These first achievments seem to be well on the way and when we have ACCC acceptance of the NBN deal then we will start to see where he wants to take the business.
If he wants to expand into banking that's great, if he wants to hand us money and say we don't have any use for then that's great to.
I'll just take my share of the money and source a growth investment, maybe you should spend some more of you're time picking another investment in a company who's management you trust and have good faith in.


Ps: I've been thinking of investing in a growth oriented telco to balance my position in the telco industry which i think is going to be THE standout sector over the next decade.