MOV - Move Logistics (formerly TLL)

[ThaiJohn]

Just had a look at their website and noticed there has been a company wide re-brand to "Move Logistics"
Haven't seen any NZX announcements about this?
Are they changing their ticker on the NZX?

Yep. August 4th

http://business.scoop.co.nz/2021/07/...with-new-name/

[flyinglizard]

https://www.nzx.com/announcements/376289

Name change, MOVE, nice name.

Market Cap is only $114m today. New board, new management team, new name, Let us move from here

[Ggcc]

https://www.nzx.com/announcements/376289

Name change, MOVE, nice name.

Market Cap is only $114m today. New board, new management team, new name, Let us move from here

Well from the other TIL thread, the guy I knew who owns over 900,000 shares in HGH has mentioned to me I told you it was a good company. He had been backing up the truck at under a $1 and has accumulated lots. He told me the enterprise value was already at roughly $2.

[flyinglizard]

https://www.nzx.com/announcements/376353


Trading Code will change to MOV on 4th of Aug. Even a new trading code........

[nztx]

Nice bit of publicity .. bouncy up again today too ..

to be honest - not too much with any sort of forward prospects under the buck & half
on NZX boards, that isn't in the northern end of fully or overpriced ..

[flyinglizard]

Nice bit of publicity .. bouncy up again today too ..

to be honest - not too much with any sort of forward prospects under the buck & half
on NZX boards, that isn't in the northern end of fully or overpriced ..

Look at today MFT announcement, and today's gainers top 1 & 2 at NZX are both from the same industry, logistics. FRE up 2.7% today. The upward trend should keep going. MFT will reach $100, FRE to $15, TLL to $2 soon hopefully.

[Leftfield]

Look at today MFT announcement, and today's gainers top 1 & 2 at NZX are both from the same industry, logistics. FRE up 2.7% today. The upward trend should keep going. MFT will reach $100, FRE to $15, TLL to $2 soon hopefully.

Crikey, I should have bought more!. Up 15% already on my DCA. Top of the leader board again. Naaaice.

[flyinglizard]

Crikey, I should have bought more!. Up 15% already on my DCA. Top of the leader board again. Naaaice.

Both the market cap and share liquidity are improving, NZX smallcap or medium cap fund managers may worth looking at TLL now. It is the only logistic company apart from NZX50 companies (QEX is dead). They have to diversify their portfolio hopefully.

[kiwi_crusader]

https://www.stuff.co.nz/business/125...QosUDSVEGEestU

Wow, What a few weeks! MOVe sure has been all the talk on social media freight transport pages this week. Lets hope they do increase the margins and we see some good dividends coming our way.

[flyinglizard]

https://www.stuff.co.nz/business/125...QosUDSVEGEestU

Wow, What a few weeks! MOVe sure has been all the talk on social media freight transport pages this week. Lets hope they do increase the margins and we see some good dividends coming our way.

That is a smart strategy when rebranding. Get continuous top 1 gainer at NZX, media talk, company announcements, making noise as much as you can to attract attention. Let people know the company's new name, shareholders and lenders are happy too.

I am surprised that Dunphy was a truck driver and Newman was Mainfreight cleaner and truck painter, and both of them had degree later on. They started from the bottom and must know the problems and how to fix it. I believe current market cap of $127m is just starting point, not the end.