tpg dip is due to association with TLS fall.. market wrongly expecting bad results. The Fool put out a little note saying tls a better bet cos bigger than tpg and has divs. Such nonsense. Other big brokers have already lowered tls rating. The Fool admits he holds TLS shares..
This dip is temporary. I have total faith in tpg management; Teo and Innake mean business. They don't waste tmie on endless spruiking announcements but when the results are out the sp will jump.
Add to that the fact that tpg already paid a nice special div and has lots of growing divs in the pipeline.. Ignore the temporary noise and sit tight or buy the dip. The announcement will be shortly at end of August.
Ann: 1H20 Results Presentation Webcast, page-8
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Last
$4.58 |
Change
0.070(1.55%) |
Mkt cap ! $8.515B | |||
| Open | High | Low | Value | Volume |
| $4.54 | $4.60 | $4.52 | $3.672M | 803.6K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 10754 | $4.56 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $4.58 | 5434 | 3 |
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| Last trade - 16.10pm 28/06/2024 (20 minute delay) ? |
| TPG (ASX) Chart |