“Tempo Australia has been actively involved in a tendering phase while markets have been in a state of delay, and we’re optimistic that these recent wins are a sign of what’s to come in 2018,” he said. Mr Bergomi said that a number of the projects confirmed Tempo’s competitive advantage in being able to provide combined telecommunications, data, electrical and mechanical capabilities to fully satisfy customer requirements.
What is happening now with Tempo's expanded capabilities is the pace and variations of tenders is increasing. This will lead to more wins and presumably some large wins. It's clear this is the beginning of and exciting growth phase for Tempo given the commentary. With strategic acquisitions I'm confident they can build Tempo to a $250M turnover company in 3 to 4 years. We are in safe hands.
TPP Price at posting:
23.0¢ Sentiment: Buy Disclosure: Held