Well said, as always @tamzI’m currently enjoying the thought of...

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RobP111

175 Posts.

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21/09/23

20:51

Post #: 69966579
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Originally posted by tamz: ↑

sdaji never made any secret of the fact that he was a trader. His tech analysis was good and he went in and out a few times and made himself money. However those of us that were in for the long haul weren’t necessarily wrong either. Big companies like Thales don’t pay fair prices - they tend to look for bargains. So if they are happy to pay 13c you can pretty much bet they think it’s worth twice that now and another multiple in the future.

Was the current team capable of achieving it? Don’t know and we never will now. I don’t believe they were incompetent at all - in fact I think they did a great job of integrating what they bought. Most of the anger is because people are losing money and I sympathise with it - never a nice feeling. Having a 6c entry helps me with being more measured about how they have gone.

I am annoyed that they took the offer but a lot of the financing seemed to come from GL and it sounds like he had had enough and just wanted to take his profit and move on. He’s pushing towards 80 and has other irons in the fire.

Good luck to those going into St1 - I don’t feel like starting with another services company, so I will stick to the product/software ones I am currently invested in, but I hope it turns out very well for you.

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Well said, as always @tamz

I’m currently enjoying the thought of the FIRB approval being delayed into October. And the TNT Board then having to issue a 4C for the 1st quarter!

Cripes! I’m thinking revenues delayed from the last quarter, being counted in this quarter, providing a cracking result. Record revenues and fantastic EBIT.

And then what happens?! Does the ASX then have to step in and force another vote??

Isn’t that a simply delicious thought?!

I’ve moved on from TNT, but the thought of the TNT BOD sweating about all that does bring a smile … I hope they all squirm from here to eternity about what they have done to people who bought into the bullet train story.

TNT Price at posting: 12.5¢ Sentiment: None Disclosure: Held
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