TLS 1.02% $3.89 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!
 
watchlist Created with Sketch. Add TLS (ASX) to my watchlist
(20min delay)
Last
$3.89
Change
-0.040(1.02%)
Mkt cap ! $45.13B
Open High Low Value Volume
$3.91 $3.94 $3.89 $45.55M 11.66M

Buyers (Bids)

No. Vol. Price($)
7 448779 $3.89
 

Sellers (Offers)

Price($) Vol. No.
$3.90 115179 3
View Market Depth
Last trade - 16.10pm 26/05/2022 (20 minute delay) ?
(live)
Last
$3.91
  Change
-0.040 ( 0.48 %)
Open High Low Volume
$3.92 $3.94 $3.90 3921460
Last updated 15.59pm 26/05/2022 (live) ?
TLS (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.