The best part about this mate, as you are well aware like most of the TNT holders who have continually contributed on these threads- The disconnect from the Fundamentals to the SP are significantly apart, when this decides to run it will run fast.
I can name many companies on the ASX who’s revenue/Sales to MC are 3-4 x higher than TNT and are unprofitable.
With almost $4M EBIT generated for the quarter and an ambition (which I foresee coming very soon) of 15% EBIT, we are in a privileged position to accumulate with an advantage.
I am amazed that this only has a MC of $300M with the sales and EBIT now being generated. I topped up today at .27c with little to no hesitation, I also topped up multiple times last week under .30c.
The ASX Investor Channel interview further enhanced my sentiment, even though the 4c did it anyway.
2 years down the track well shake our head in disbelief thinking I can’t believe this was under .30c, even now the business is solid and so is the direction.
My second biggest holding comfortably.
