Wouldn't it be absolutely marvelous and re-assuring if the company could just tell its shareholders essentially what you have just said - we're busy paying off the acquisitions that we've made, so we won't have much cash flow this year. But by year XXXX, the payments will be completed and our forecasts suggest we'll have around $YYm annual cash flow. If TNT said that, I'd would be adding to my holding - big time. The problem is that I can't tell from any of their reports to market that this is what is happening. It looks to me that their operational margins are just wafer thin.
All IMHO, DYOR
TNT Price at posting:
11.5¢ Sentiment: None Disclosure: Held