TLS 0.28% $3.61 telstra group limited

Given previous response of TLS to the merger news, TLS seems to...

  1. 1,050 Posts.
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    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.

    TLS Expecting.png

    TLS Path.jpg

    CBA 4.jpg
 
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Last
$3.61
Change
-0.010(0.28%)
Mkt cap ! $41.71B
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$3.59 $3.61 $3.57 $88.57M 24.62M

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No. Vol. Price($)
1 38155 $3.60
 

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Price($) Vol. No.
$3.61 771370 13
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Last trade - 16.10pm 27/06/2024 (20 minute delay) ?
TLS (ASX) Chart
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