time for a reality check

I like other people on this forum have had some doubts about my level of enthusiasm for TZ over the last 3 or 4 weeks. However, to reassure myself, I read back through the shareholder update that was issued only 7 weeks ago on 1 May:

If we are in this for the long haul (which all of us except for a few traders are)we should remind ourselves of the last real pieces of information provided bu the business only about 35 trading days ago:


- Intevia date centre program launched - this has led to a purchase order only 2 months into its inception and is a concept not originally in play when most of us decided to invest. In the words of TZ, this concept has " a relatively short implementation time to market" and has already delivered results
- Winning the World Superyacht Award which has led to "interest from several new customers"
- An agreement with Visteon which could lead to 16 million units sold in 2009
- A large kiosk manufacturer is on board
- Hafele has become a new customer - this is a huge potential customer - we have all checked their website and the potential is staggering. Texas Instruments technology already features strongly in the Hafele range - the more advanced Intevia technology has so may opportunities with this business
- Coonfirmation that the sales and business development headcount of the business will be doubled to meet future customer contact expectations
- Expansion of commercialisation efforts into Europe with two new offices - we have since received our first European PO
- Finalisation of production planning for first high volume PO to meet Larson demand, with the recruitment of high level Engineering and Manufacturing experts
- Aa focus on short cycle, high volume Intevia revenue - this should be encoruaging in the next months who need short-term results to sustain their faith in the business
- As a sideshow, consolidation of PDT and Futurewall performance





Since that update, oil prices have rocketed and overall stock market declines have been steep. The market is now down 18% in the financial year (25% if you exclude RIO and BHP).There are many shareholders of many companies questioning their holding right now, but we have to hold firm on this, I'm confident that this will be a good news story.

I've read this thread every day I've noticed the increase in derogatgory comments and sniping. This is understandable. However, all I ask is that whenever you lose faith, just read the update from only 7 weeks ago. I hope this thread encourages you to have faith my investment brothers, writing it has certainly helped give my own confidence in TZ a boost.