TLS 2.19% $3.13 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.

watchlist Created with Sketch. Add TLS (ASX) to my watchlist
(20min delay)
Mkt cap ! $37.22B
Open High Low Value Volume
$3.25 $3.25 $3.10 $132.9M 42.16M

Buyers (Bids)

No. Vol. Price($)
1 59053 $3.13

Sellers (Offers)

Price($) Vol. No.
$3.14 124872 6
View Market Depth
Last trade - 16.10pm 07/04/2020 (20 minute delay) ?
-0.070 ( 1.87 %)
Open High Low Volume
$3.25 $3.25 $3.11 17642993
Last updated 15.59pm 07/04/2020 (live) ?
TLS (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.