TLS 0.76% $3.92 telstra group limited

is telstra a bargain or not

  1. BH!
    2,521 Posts.
    ??

    I don't hold, but at first glance, it seems to have a pretty consistent earnings profile. Even if it doesn't grow (hell, even if it shrinks by 5%, or so) it looks quite compelling:

    - trailing P/E of 11.5
    - dividend yield of 7.8% (fully franked)
    - trading at approx. its all time low.
    - market-leading position

    There seems to be much to recommend TLS as one of the better defensive plays out there.

    [JMO]
 
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