TLS 0.51% $3.88 telstra group limited

if u look at big picture for this company and telco sector, u...

  1. 54 Posts.
    if u look at big picture for this company and telco sector, u can forget this share for at least half year, during this period s/p will fall to a level we don't know yet, maybe $3-$3.5, dividen will be cut next time most likely. How can a company keep pay u good dividen while it's profit or entire business under threaten. Best case is after undertaking big fixing for the company, such as slash cost, job loss, seperate the operations, sucessfully get rid off some government regulation requirement, improve services, full privatising, etc, etc. then it may turn the down trend, but these will not happen in a couple of months time. my view is after T3, at a much lower s/p, that is a good entry point for long term investment.
 
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