I agree 100% , TNT just need to deliver. The separate companies they've acquired had a combined annual EBITDA of $20m-$25m (pre-takeover). It would be good if we could start to see this figure as the integrated company's earnings as the acquisition costs are absorbed. Actually, should be a bit higher than this if there's been any organic growth.
All IMHO, DYOR
TNT Price at posting:
10.5¢ Sentiment: None Disclosure: Held