TLS

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$3.86 telstra group limited

It is unbelievable that this is still way under $7.50. it’s...

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JCoure

35,276 Posts.

915

12/08/24

22:34

Post #: 75176274
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Originally posted by Lord Bell: ↑

Well a price exceeding book value of $1.33 at $4.00 is possible ...but will it hold against a major correction in markets of a 25% to 50% pull back.....All StockMarkets are dancing to the US market's tune....and the US market by consensus is 100% to 150% overvalued...ie almost three Standard Deviations from the long term mean....to get some idea of how much the markets in the USA have moved....

The Nasdaq 100... has moved from in early 2023 approx 11000 to a top of 210000 to now 18500 so in one and a half years has almost doubled!!! That is by any stretch of the imagination crazy.

The S&P 500:which is represents a broader view of the US market was in early 2023 about 3600 to a high of approx 5600...a move of approx 2000 points now at 5344...approx
1744 points still a huge move from 3600.

The Nasdaq in the same time period has moved from approx 10000 to 18700 ie almost doubled and now is approx 16700,again a huge move in such a relatively short time.

These moves are unprecedented ...and 100% overvaluation could be readily accepted...thus a mayor pull back of 35% to 50% is not outside the realms of reality.

It is useful to remember Warren Buffet now has more T bills than the Fed at US$277 billion and by Warren Buffett's measure of over valuation the value of the US economy is half the value of the Stockmarket ie the Stockmarket is now twice the value of the economy...this value has always occurred prior to previous Major market corrections .

As I said the price of TLS is now $3.84 relative to its book value of $1.33..... As the price of shares go it is almost three times book value and has already moved down from a recent price high of $4.28.

At a debt to equity ratio of over 90% and a PEx of 21.33x I believe TLS's present price, facing a negative Macro-Economic outlook,' is some what overstretched.

All the Best to All

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It is unbelievable that this is still way under $7.50. it’s continued shocking performance has got to stop.

Why does Vicki Brady keep her job with the SP so low?

Do sholders not care?

TLS Price at posting: $3.87 Sentiment: Buy Disclosure: Held
3 Upvote

0 Great analysis

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(20min delay)
Last $3.86		Change -0.020(0.52%)		Mkt cap ! $44.60B

Open	High	Low	Value	Volume
$3.86	$3.87	$3.84	$58.46M	15.16M

Buyers (Bids)

No.	Vol.	Price($)
2	68399	$3.86

Sellers (Offers)

Price($)	Vol.	No.
$3.87	76368	8

View Market Depth

No.	Vol.	Price($)
2	68399	3.860
23	243560	3.850
29	416621	3.840
45	250723	3.830
27	197019	3.820

Price($)	Vol.	No.
3.870	76368	8
3.880	654027	25
3.890	50750	9
3.900	185320	34
3.910	298995	23

Last trade - 16.10pm 04/10/2024 (20 minute delay)

TLS (ASX) Chart

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