I watched JC on Aus Biz too. It was a short interview, maybe 5-7 minutes, so not much time for JC to discuss much. He talked again about their strong organic growth of sales, particularly with the government sector. I remember too he talked about the costs of acquisitions that had affected the bottom line of the company. I recall when he was talking about the forecast $150m/y RRR, he said they thought they would aim to get to $120m/y-$125m/y as a result of new acquisitions in the near term, and they would have to achieve the additional revenue to bring it to the $150m/y from income growth within the company (or words to that effect). He also described how they were co-locating some of the teams to get better synergies. That's about all I can recall. I don't know whether this interview will be available on archive. Sometimes they are not on Aus Biz TV.
All IMHO, DYOR
TNT Price at posting:
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