TLS chart, page-963

Given previous response of TLS to the merger news, TLS seems to like it and goes up. So I think a merger between TPG and Voda will make both TPM and TLS go up.

An article I had found recently, forgot where.

Goldmans sacks is expecting first half to come in at $1.33 bil as the article says. Consensus stands at $1.2 bil.

Expects the 8c div to be retained.

What will screw thing and cause a plunge tomorrow would be a dividend cut and a profit that comes in under consensus of $1.2 bil. Example, a profit of $900 mil will be a disaster.

Looking at potential support, $3.55-$3.54, then onto $3.40 ex dividend. Or can do a CBA on upwards.

Given the chart shape of late, I see it up. I can't see TLS going back into a bear market. That would be a disaster for Penn and wont be consistent with a top 10 company (case in point, BHP, WOW) continuing recovery after a major bottom - a recovery failing and going back down 1.5 years into an up trend. Will also mean we were not in Wave 5. Wave 5 had already ended at the $4.01 high back in early August 2019.