No indication of recurring revenues??? Looking at the average of the acquired businesses over more than the last year, their own organic growth was considerable, exceeding that of the industry average, and after being acquired and coming under the TNT banner their organic growths have increased by a further quite considerable amount. Looking at what was in TNT before the rapid acquisitional growth phase commenced, there has also been considerable growth.
It's already there in the figures. I'm literally not sure how much more clear they could possibly make it without literally strapping you to a chair, holding your eyelids open with toothpicks and forcing you to watch a detailed presentation including everything already put out in announcements and interviews which are freely available for you to peruse at your leisure.
TNT Price at posting:
26.5¢ Sentiment: Buy Disclosure: Held