TNT 0.00% 13.0¢ tesserent limited

I am not very positive on this company even though they are in...

  1. 336 Posts.
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    I am not very positive on this company even though they are in an growth industry.. As a services business -> More work -> Needs more people. Shortage of experts and high salaries means that margins will remain low specially since they seem to be a bit top heavy and seems to grow by acquisition and debt (in large part). Unless they develop proprietary software/methodology or use tech to scale services it is a mediocre company.

    The mistake I think I made was that rising tide would lift all boats which works well in a bull market. Since invested in HACK ETF for exposure to Cybersec. It is less exciting but ASX has so few cybersec companies to choose from.
    Last edited by guestjj: 03/02/23
 
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Currently unlisted public company.

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