I'm not disappointed. I'm patient. However, I can understand why investors are disappointed. It's due to the comparative share price returns when you plot Telstra against other cyclical/ industrial stocks.
I am confident of their dividend policy over the next 3 years and it is probably one of the few stocks that you can positively gear (i.e. divs. should not be slashed by 25%+ like the banks)
The way I see it, this is a defensive stock and should outperform when the market is weak. 8.0%+ div yield, does not require much capital growth for you to be ahead when TLS is trading under $3.20.
That said, TLS is not one for thrill seekers.
Happy investing.
I'm not disappointed. I'm patient. However, I can understand why...
-
- There are more pages in this discussion • 25 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add TLS (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$3.96 |
Change
0.000(0.00%) |
Mkt cap ! $45.75B | |||
| Open | High | Low | Value | Volume |
| $3.97 | $3.98 | $3.92 | $116.3M | 29.42M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 20000 | $3.95 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.97 | 830574 | 28 |
View Market Depth
| Last trade - 16.10pm 13/09/2024 (20 minute delay) ? |
| TLS (ASX) Chart |