You've really got to hand it to TNT. I know the RRR is not...

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dbd25

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2524

29/07/21

14:07

Post #: 54871666
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Originally posted by Sdaji: ↑

That's the next thing I'm on the edge of my seat about! You can let your imagination run wild speculating about it. $40M seemed ambitious last year, then $150M seemed very ambitious for this year, and they blew it out of the water. It couldn't possibly be less than $250M and I'm thinking it'll be at least $300M, maybe more. Given that they're establishing a reputation for hitting their targets, the market is likely to give it some weight this time.

Not all of our costs scale with our increasing revenue, which is why our EBITDA is growing proportionately much faster than our RRR. I was talking about this a lot over the last quarter, and was delighted to see the figures match what I expected. Next year is going to show this even more than this year has. Even next quarter should be very exciting. Synergies are really going to start showing up in the figures too over the next few quarters.

I feel a bit repetitive saying a lot of these things (and fear of repetition makes me avoid saying a lot of other things I've already said over the last 12 months), but it's so good to see some of these things actually unfolding, and for what's to come to be even more certain and clear.

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You've really got to hand it to TNT. I know the RRR is not everyone's
choice of number when characterising the financials, but it's gone from
$40m/y to ~$250m/y in 12 months. That's an increase of 6.25x !!
I've no idea what they might forecast for end of FY22, the sky's the limit.
It really feels like we are in the stratosphere today.

All IMHO, DYOR

TNT Price at posting: 32.5¢ Sentiment: Buy Disclosure: Held
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You've really got to hand it to TNT. I know the RRR is not...

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