Two years ago TZL was still suspended from official quotation. Christmas 2010 they'd barely been nine months relisted. Since then global markets have continued to decline. What do you expect?
The quality of TZL's market offering is higher than it's ever been, as is the quality of management.
Even in the worst of times many companies prosper. Those that do are often at the vanguard of innovation. Think Ford Motor Co. during the Great Depression.
As for shareholder value not having increased one bit? TZL is many times more valuable as a company than it was two years ago even if the market doesn't get it yet. The company of two years ago was on life-support. TZL today is not. That's why TZL today does business with the Anixters and Pitney Bowes of the world. They see value too.
Sooner or later the market will appreciate this for what it is. And don't tell me the markets are always right. They're not. Too much herd mentaility for that.
TZL represents good value investing.
IMO.
TZL Price at posting:
38.8¢ Sentiment: Buy Disclosure: Held
