Skol,the reason i have been selling is because i have lost confidence in managements explanation of tls's financial position. Plus i'm also concerned penn is spending the nbn agreement compensation on increasing expenses within the nas/enterprise and maybe 5g hand held ph subsidies.(total operating costs) If tls hit their target of a 50% profit reduction by 2021 how can they maintain div and do we just believe penn can develop the nas division to replace this profit especially considering tls's track record in making profits in the IT sector. Thats y i'm selling ,if i'm correct the sp will follow,if i'm wrong i'll add. I still find it strange a co the size of tls can forecast a profit reduction of 50% by 2021 with no financial explanation or market pressure on how they intend to replace such a massive profit reduction especially as posted it appears the compensation package has disappeared and no sign of a turn around as per guidance to 2021. ps i obviously could b wrong. ps if these fund managers have sp targets of 4.30 whatever y isn't sp rising.imo its because the market is confused like me re forecasts.
TLS Price at posting:
$3.83 Sentiment: Hold Disclosure: Held
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