TLS 0.00% $3.43 telstra corporation limited.

Expect the worse.

  1. 1,816 Posts.
    Those of you who thing that TLS is near a bottom had better think again.

    The market wants confirmation that TLS can stabilise revenues, and grow them over the medium term at GDP + 2%.

    The next couple of quarters for TLS are critical for this reason.

    Another couple of quarters of negative revenue growth in the -1.5/2% range would raise significant doubts about the viablilty of 4%+ growth that's being predicted in analysts models.


    NO ONE in the market likes a company with FALLING REVENUES.


    If the trend is confirmed over the next few quarters, TLS will be trading at a significant discount to the market... on a PE in the vacinity of 11/12.

    Based on current EPS of 30/31c, TLS has the potential to trade as low as $3.50 in the medium term.


    Be prepared for more falls in the near future if the trend of falling revenues is confirmed!


    TLS is a high risk/low return proposition in the near term for this reason.


    STAY AWAY!
 
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Mkt cap ! $40.79B
Open High Low Value Volume
$3.42 $3.43 $3.39 $82.24M 24.28M

Buyers (Bids)

No. Vol. Price($)
6 419052 $3.42
 

Sellers (Offers)

Price($) Vol. No.
$3.43 305252 7
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Last trade - 16.10pm 16/04/2021 (20 minute delay) ?
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Last
$3.43
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Open High Low Volume
$3.42 $3.43 $3.39 5182399
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