TZL 0.00% 6.7¢ tz limited

TC,The fact that you would actually start a thread to mock...

  1. 87 Posts.
    TC,

    The fact that you would actually start a thread to mock another forum contributor just demonstrates how juvenile you really are.

    This isn't the first time you've had the temerity to criticise someone for the quality of their posts, so let's consider one of your earlier contributions, how about the Navistar seatbelt deal forecast, which you posted on not one but three Forums; HC, UK.Fool and Aussie Stock Forums (as Pommiegranite):

    "Now this is where things really are staggering. As each Intevia fastener sells for around $150-$250, and the cost is minimal (production in Asia, and each unit requires only a small amount of nickel/titanium). John Falconer (Company Secretary) has confirmed to me that margins will be about 55%. To be honest, I expect higher.

    There are far too many deals to go into detail on. However, let’s take one of the smaller deals in detail: Navistar

    Navistar builds 38,000 school buses in the US each year. Intevia will tell the driver if kids aren’t wearing seatbelts and will unbuckle automatically in the event of a crash.
    It is becoming a legal requirement in more and more US states to have seatbelts installed. Each bus would require 112 seatbelts.

    Revenue = 38,000 x 112 x $200 = $851million.
    Net profits would be about = $330million per year

    On a typical NASDAQ p/e of 40, that deal in itself would be worth $241 to TZ's shareprice (60x current)

    Okay, this is the best case scenario for 1 deal alone. However, this is for 1 country alone, and just highlights what we are dealing with here"

    Hmmm, we could go on all day about that post, but let's just cover the basics:

    At this time only one state in the US requires seatbelts to be fitted in school buses; New Jersey.

    The average number of seats on a school bus in the United States is 77, not 112.

    The average price for a school bus in the US is about $75K.
    At $200 a seat that would increase the price of the bus by over $15K, more than 20%. And that is assuming Navistar don't add anything to the $200 they would supposedly be paying TZ! Most buses in the US are sold after an open or restricted tender process. Do you really think that Navistar would win a tender after adding 20% to the price of their buses for fitting seatbelts? In states that don't even legislate fitment? Get real, they were never going to get $200/unit for Intevia in any sort of volume.

    And if John Falconer is discussing margins with you, and you actually presume to know enough to think he is being conservative on the figure, why don't you two go for a pint and you can give us the inside scoop on the forthcoming announcement.

    Until you have something of that sort of value to contribute to the forum why don't you just keep your asinine vilifications to yourself.
 
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