TNT 2.17% 22.5¢ tesserent limited

15 per cent increase ...., page-40

  1. 845 Posts.
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    If Tesserent want to complain to Hot Copper about my posts and have them removed - so be it.  I am a solicitor by trade and am used to criticism.

    But you can't produce the kind of results Tesserent have put up, in the hot industry of cyber security, and not expect criticism.  14% or 4% revenue growth (see previous hot copper posts), a 3.5 million dollar loss on a business that was profitable before listing, a short lived acquisition of Blue Reef and a heap of turnover in the sales team does not exactly fill shareholders with confidence that the Tesserent ship is on the right course, or in safe hands.  

    It's not just me raising concerns about Tesserent and its performance.

    Stuart McClure, chief executive officer of Vested Equities, in the article below, suggested Tesserent should never have listed on the ASX.

    https://unauthorised investment adv...ers-are-impacting-the-ipo-market-says-expert/

    Tesserent should expect criticism with the performance it has put up and the general lack of shareholder engagement and engagement with the investment community.  

    Until I see revenue growth I will remain skeptical with regards to Tesserent's growth strategy.

    Stop complaining Tesserent and start producing results like you promised shareholders in the IPO.
 
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