Ash,probably agree re banking,reason being it would take a very special ceo to develop a very profitable bank like maybe amp with maybe a partner like amazon bank,ie the profits have to absolutely out way the profits they get from providing various services to the big 4 .Wont happen. But imo energy is completely different and tls should be making an acquisition in the energy sector.imo.for previous reasons listed. I have no doubt tls will bid what is required to get there 26ghz.The other point 'now' being, it is of national importance that tls get what tls requires to establish a mmWave network competitive with global networks.ie tls's competition is basically now foreign owned.ie singtel and tpg/vodafone hucthinson.tpg being the minority holder.(the issue for me is it will still be a utility business and the other 2 competitors will still be aplying margin pressure in the economic regions. I have no confidence in ceo or chairman to take advantage of profit opportunities. I believe they have committed to a very agile and competitive sector something imo tls can't compete in so i don't expect anything 'exciting' from tls but maybe worse.
TLS Price at posting:
$3.53 Sentiment: Hold Disclosure: Held
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