Ann: Completion of ALC Group acquisition by Tesserent Academy, page-15

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tamz

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23/03/23

14:13

Post #: 66923108
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Originally posted by neke86: ↑

"pretty common these days" among garbage companies maybe?

Forecasts should be easy, unless management have literally no idea what's happening in their business, there is a number somewhere. It certainly isn't self defeating either, unless you are consistently underperforming and missing your targets.

Give us an honest forecast, if you miss it, give us an honest explanation for the variance, it really isn't that hard. I mean, you shareholders have forgiven these guys an egregious destruction of shareholder wealth that borders on the abusive, would you really get up in arms over a missed quarterly guidance now?

INSTEAD they opted for FiVe hUndRed MilLioN and then immediately caveated that with "not formal guidance. What is it then? It's just a cocaine fever dream. They have no plan to grow organically to that number. Their organic growth has been demonstrably bad for some time, and so even if it improved they would struggle to grow the current conglomeration of businesses beyond $260-300m in that time frame. So they MUST have a plan for acquisitions, but I suspect they don't want to tell you that explicitly because they need patsies to hold the price up for future dilution and capital raising.

If you finished year 10 maths and have the mental fortitude and courage, figure out a middle ground scenario where they grow to $280m turnover but need to purchase another $220m turnover at 4x EBITDA funded using 50% debt and 50% scrip (assuming anyone would be stupid enough to take scrip lmao) then look at what happens to the FY26 enterprise value.

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why don’t we wait for some facts before going rabid. They have promised strategy details before June.

TNT Price at posting: 6.6¢ Sentiment: Buy Disclosure: Held
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Ann: Completion of ALC Group acquisition by Tesserent Academy, page-15

Top Stories

The Big Deal: Free-to-air TV swings the axe, but will it be enough as enormous sports deal bills loom?

Red Hill Minerals Signs $6.5 Million Agreement with Peel Mining to Explore Curnamona Project, NSW

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Leo Lithium announces major divestment of flagship Goulamina project to Ganfeng

Tivan and EARTH AI gear up to commence fresh drilling at Sandover lead-silver project, NT

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