TPP 0.00% 8.8¢ tempo australia ltd

Seems to me mgmt identified from the outset, a need for a...

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  1. 13,066 Posts.
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    Seems to me mgmt identified from the outset, a need for a combination of organic and acquired growth. All that's happened is that they've put the acquired growth on hold for now, whereas they mentioned previously the current economic climate was conducive to bargain acquisitions. So a change in strategy for the time being, probably a conservative and smart move, given the dillution that would have occurred below 10c. The current pickup in business is a positive but not something that we shouldn't have expected, as that was the whole point of the company in the first place. I'd like to a few quarters of strong and increasing npat before entering on this one. Having said that, wouldn't be selling now if i owned as downside could be limited from here. JMO.
 
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Currently unlisted public company.

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