In the first place revenues were 16 % over target.Any complaints ? PDT is doing very well,which puts a very solid foundation under our company.-a critical note, how is the synergy with TZI? The bookkeeping in TZI is very conservative , only shipped orders ,(booked orders revenues in this section would have been 50 % higher,and 20 % over target)-all coming from IXP ! PAD ,will most likely start delivering in Q2, as Intanova . Aerospace ,hopefully at the end of the year The way I read this revenues could be app. 7 mil in Q2 and may be 20 mil. in the second half of the book year.
It all looks very positive , and I think the AGM should offer us some nice further surprises
The items negative influencing the cashflow extra accounting and legal financing costs should disappear in due time.
In a previous post I regretfully misread a line forfeited shares was nothing ,any way the fact that it is a line on their report bodes well for the future ! One more remark ,posters on HC are a reciproke of the share price ,when it goes down all the posters appear ,when it goes up no posters !
TZL Price at posting:
46.1¢ Sentiment: ST Buy Disclosure: Held
