Ann: Notice of General Meeting/Proxy Form, page-49

Mate. Unfortunately, we have some dumb cracked up hot copper posters praising TNT so hard when the company is simply delivering peanuts. 

TNT should be doing its shareholders a favour. As a top 20 shareholder from day 1 IPO float, I’ve been asking for more announcements, implement targets, provide more transparency  around clients and performances but the management is a disgrace to say it nicely.  

Lets give them 6 months. Let’s see what this new CEO can do. I don’t think he’ll do very much except take a $250,000 salary. He probably doesn’t own any shares in TNT either unless he’s issued them for free which is virtually worthless. Let’s wait and see how much more money they can burn and how much deficit they can accumulate. Good luck to TNT if they can be cash flow positive in 6 months.