first re-entry, page-27

Telecom sector is the worst perform sector so far over a year time from the same time last year till now
mainly dragged down by TLS as it is the largest DOWN OVER 33% from $4.12 to now $2.73 . Yet in the meantime the ASX200 has been up over 10%.
Meanwhile this is the most known dad and mom, supers dividend stock and still so even with the reduced dividend TLS dividend would still be >~9%, that is very luring for most.
And it may be a growth company in the future as 5G will roll out first in AU from TLS as most would believe so.
TLS is a defensive and growth company. And yet still this company has be beaten so much heavily over the past year period.
The market is obviously overdone from my point of view.
Hope this get settle soon and a re-rate would be right in the corner. Soon to come