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29/05/18
09:23
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Originally posted by fazam786
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Too much negativity happening here regarding the capital raising.
Firstly, can someone name me ONE SPECIFIC COMPETITOR to Cyberbiz? I wat to compare that particular product to Cyberbiz.
Secondly, TNT has an established $6m revenue which is almost offsetting all the expenses of the business. Not ideal because there is no cash flow positive or profit, but it’s better than burning millions each quarter.
Thirdly, the FUNDAMENTAL RULE of running a business is:
“In order to make money, you need to spend money. In order to spend money, you need to have money”.
TNT is raising money to spend money to make money.
Finally, if you think TNT management is bad and Cyberbiz is going to be a failure, please sell your shares. Sell, get out and stay out otherwise back the management, hold on to your shares and hope for the best. Let’s not be keyboard warriors here.
I hope TNT will successfully raise $1.2m and go hard out on Cyberbiz to at least obtain 1% market share.
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You can find out about competitors here:
http://lmgtfy.com/?q=Australia managed security service
As an investor, I regard my role as a (hopefully) efficient allocator of capital. Earnings are a key performance metric. If earnings are falling short, then management should be held to account. This is not negativity. It is performance management of employees.