Telstra's Mkt cap is $33B. The future revenue potential and current trajectory simply do not justify a $33B valuation. I see a lot of people here taking comfort in the fact that this is a "large cap" stock. However, I find that the scariest part of Telstra. This organization couldn't even keep its valuation at high levels during periods of NO competition. It could not perform as a monopoly. How do people think that this company will retain a $33B valuation from this point forward?
Are people really waiting for the turnaround of the millenia or something? Why is this the point that Telstra will turn around and perform? In reality this company will continue doing what it has done from birth. Which is lose its long term investors their hard earned money.
TLS Price at posting:
$2.77 Sentiment: Sell Disclosure: Held
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