I'd be interested to know how you came up with that figure. My...

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    I'd be interested to know how you came up with that figure. My back of the envelope calculation is closer to 50c than 30c, and you can add whatever bonus you like for acquisitions and sector growth, both of which I think will be substantial.

    I think it is difficult to put a specific figure of valuation on TNT right now even if you ignore future developments, because the specifically quantifiable metrics which you can plug into any formula can't include how the current company will perform in its current structure as opposed to the sum of its recently added parts. I strongly believe that the new combination of the parts will be stronger and better than those parts were individually, and that is probably a sentiment shared by most people, and a reasonable assumption to make. Even if you ignore that, there's also the fact that those parts were themselves already progressing.

    I think the market is going to give at least some value to those projections, and we won't have to wait too long. Another acquisition will give the next catalyst for another leg up, or we may just sit with this current trend a bit longer than my default expectation (all things considered, I wouldn't be entirely suprised to simply follow this trendline all the way into the 40s).

    But anyway, I'm guessing your calculation of high 20s is based on current metrics without future developments taken into account? Please feel free to correct me if it's something else.

    By the by, haha, it's funny and quite lovely to be having this conversation right now when I was looking at the same picture while buying under 10c last month, and sort of wondering why it was so cheap!
 
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