TZL 12.0% 2.8¢ tz limited

the nature of tz

  1. 660 Posts.
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    Ten years ago, TZ was a company aiming to develop radical new technology to replace mechanical fastening devices in a plethora of applications, with intelligent, software-controlled "Intelligent Fastening Technology" (anyone remember the IFT acronym?)

    The company now has the appearance of being a "me too" supplier of lockers and cabinet systems equipped with electronic locks and associated software based control systems. Locker & cabinet locking systems incorporating software-controlled electrical/electronic locks have been around for decades. Not much chance of IP protection here.

    So one can ask the question - is TZ's future prosperity now dependent on doing what many other companies are and have been doing - but better?

    As a corollary to this, can TZ now expect to attract a valuation EBITDA multiplier of a future-looking technology leader (like Apple), or down to that of a commoditized technology supplier?

    (If the latter, we'd better see some positive EBITDA numbers soon.)

    Can anything be done to resurrect Dickory's original vision?

    To the rose coloured glasses brigade - do your worst, I can take it!

 
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