TNT (ASX) Interview with Geoff Lord and Kurt Hansen

Originally posted by Sdaji: ↑

This was well worth a listen. Very upbeat of course, but it does sound genuinely positive.

The RRR was of course nice. Nothing new, but considering that they're confident of hitting it next month, and considering how much growth in revenue that is, and considering we can expect that growth to continue, at least at a somewhat comparable rate (and perhaps even an accelerating rate), it's very exciting.

Despite all the positives of the current state of the company, and how tempting one may expect it to be to boast about that, there was little to no pride at the current state of the company, displayed quaintly by the metaphor that they purchased a train wreck and have so far turned it into a red rattler, and it needs to become a bullet train; definitely showing his age by using such a reference, and I suppose I'm showing mine by recognising it, though I'd guess most people under 45-50 wouldn't (red rattlers went out of service in the late 80s?). Anyway, the way he was saying it certainly seems to indicate that he's confident, because it was more of a 'just sit and watch and believe us when you see it happening' vibe rather than 'it's screaming ahead at a frightening pace, jump on quickly!' (an attitude which probably won't do much to boost the current share price, which might partially explain where it is now, but reiterate their confidence in the fundamentals without needing to hype up the current situation as one would be more prone to if they didn't have confidence in a bright near-term future).

I'm looking forward to their next RRR target, which they should give us an indication of around the next quarterly, or perhaps some time in August. $200M by the end of CY21? Maybe optimistic, but I'm looking forward to company guidance.

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It's interesting to speculate about future revenues for TNT reaching a figure in the vicinity
of $200m/y. It's only a year since TNT achieved a $40m RRR, and gave a target for the
end of FY21 of $150m RRR. A figure like $200m/y is higher than that currently being
reported by companies like Nuix (~$185m/y) and Megaport, (~$80m/y) and they both have
billion dollar market caps (NXL ~ $1.1b, MP1 ~ $2.1b). Food for thought.

All IMHO, DYOR