Bought in very heavily today on the close. Sold it at 4.03 yesterday after collecting the divs and very happy with the trade. As i sold i vowed if t went below .96 i would be in again for a trade and in the last few minutes of close i bought more than i thought i would. Falling some 13% or thereabouts, for the Sept period TLS always seems to do well. Lets see if it trades & behaves like every other year around this time. In time to come a probable 6.7% yield is as good as the banks with out the volatility they will be managing going forward. At todays pricing we have what....15.7 times on guided cash flow *?*....the company has always performed in a recession environment. Happy to hold until such time.... All the best to Long Term Holders RDD
TLS Price at posting:
$3.95 Sentiment: Buy Disclosure: Held
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