First of all, thank you for highlighting this stock. I have a few questions... 1. I have a hard time valuing Tnt in the setting that ups can't buy it. Fedex is waiting for firesale price which may become the case if tnt keeps losing money 2. Earnings were down 50% besides tnt event. Certainly 5 day work week and raising prices is good but if revenues keep falling, then I dont know what to predict as profits.
Seems too hard but agree that if tnt has real value and is sellable, this is dirt cheap.
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1. I have a hard time valuing Tnt in the setting that ups can't buy it. Fedex is waiting for firesale price which may become the case if tnt keeps losing money
2. Earnings were down 50% besides tnt event. Certainly 5 day work week and raising prices is good but if revenues keep falling, then I dont know what to predict as profits.
Seems too hard but agree that if tnt has real value and is sellable, this is dirt cheap.
Please help me understand.
Rahul