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Hi scottybogue $8.5m is greater than $8m but only by 6.25%. $30m...

  1. retiredyoung
    8,751 Posts.
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    28/08/14
    10:36
    Post #: 13885935
    Hi scottybogue

    $8.5m is greater than $8m but only by 6.25%. $30m is a 100% increase on TZL's $15m forecast for FY14-15. If TZL thought they could have $30m in revenue for FY14-15 it would be misleading to forecast $15m.

    Travel, D&A and Other expenses are significant. My estimates are that TZL will need revenue of $20m for PBT to be positive:

    TZL Price at posting: 13.0¢ Sentiment: None Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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