TLS 0.28% $3.61 telstra group limited

Couldn't agree more. Pity the LNP faithfull can't look past...

  1. 1,697 Posts.
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    Couldn't agree more. Pity the LNP faithfull can't look past politics to realise what a disaster the LNP really are. Be honest a proper NBN would have been finished by Labor years ago at about the same cost due to the delay if Abbott had any pride in his country.

    Not a massive fan of "equality Bill" either by the way.

    I was about to mention the charts are looking quite bullish in TLS. As far as I can see a technical "double bottom" has formed, confirmation is required via volume and a rising SP.

    It's a punt, risk vs reward buying at these levels is good/ moderate imo. The telco sector is in a massive unrelenting downtrend so we are bottom picking by buying TLS.
    PE 12.5. Earnings forecast to decline, so the risks seem to be to the upside as TLS would have announced an earnings downgrade by now. All they have to do is match or beat forecasts for the SP to rise.
    Outlook could be a major factor in how the market reacts.
 
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Last
$3.61
Change
0.010(0.28%)
Mkt cap ! $41.71B
Open High Low Value Volume
$3.60 $3.63 $3.60 $129.9M 36.03M

Buyers (Bids)

No. Vol. Price($)
1 44525 $3.61
 

Sellers (Offers)

Price($) Vol. No.
$3.62 701203 30
View Market Depth
Last trade - 16.10pm 20/06/2024 (20 minute delay) ?
TLS (ASX) Chart
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