TPM tpg telecom limited

Well kickst@rter, the knife started falling in about October...

  1. 2,899 Posts.
    lightbulb Created with Sketch. 1771
    Well kickst@rter, the knife started falling in about October 2016. And everytime we think it has hit a bottom, it falls further. I lost a packet on TPG and have had to cut my losses and sell out. Yes TPG is a fantastic company, yes it has the best management, yes it is going to be bigger than all the other telcos (including Telstra), yes it will be successful in Singapore, yes its mobile network will be a gamechanger, yes .... yes... But, the whole telecom sector is out of favour with investors at the moment. The telecoms are in a death fight for customers and Turnbull's NBN is killing them. Just have a look at what has happened to Telstra recently. There are plenty of Telstra holders who thought it couldn't drop past $4:20, or $4:00 or $3:80, or .... After I sold up my TPG, which I had put way too much money into, I bought into small cap miners and they are returning me to profit. (I know they don't give a dividend, but who cares about dividends it you are holding onto the falling knife and losing your capital.) Do your own research but my advice is, for what it's worth, just have a look at the COBALT topics to the left of the screen. When you make your fortune, then come back to TPG.
 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.