TLS was a dividend stock which was an easy buy and wait as the company announced the sale of their towers portfolio which if executed would have seen a return of Billions to shareholders. This deal was placed on back burner until further notice.
So shareholders now have a 4 percent dividend and TLS has to prove they can keep the mobile phones business growing.
The risk here is TLS last year got a leg up from Optus with a large migration of dissatisfied customers.
with no potential sale of Assets looming and a miserable 4 percent dividend against 4 percent 90 days fixed deposit.
i don’t have any compunction to hold TLS at .$3.80 it doesn’t represent value.
Where to now for long term investors of Telstra, page-12473
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Last
$3.73 |
Change
0.080(2.19%) |
Mkt cap ! $43.09B | |||
| Open | High | Low | Value | Volume |
| $3.73 | $3.78 | $3.71 | $115.9M | 30.99M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 64775 | $3.73 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.74 | 590435 | 6 |
View Market Depth
| Last trade - 16.10pm 09/07/2024 (20 minute delay) ? |
| TLS (ASX) Chart |