Vicki Brady has taken over the reins at TLS just as the business finally enjoys an optimistic earnings outlook, it’s certainly taken a few years! Obviously there are a number of moving parts within a business of TLS’s size but we feel it could be one beneficiary if Scott Morrison fails to retain power in May with a potentially improved NBN position on the table – we like TLS under $4 and it certainly fits our desired defensive stance towards equities through 2022.
MM is bullish TLS under $4
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