TLS has drifted lower over the last fortnight, with some analysts concerned that its postpaid mobile revenue may disappoint, the potential catalyst. The company releases its half-year result late next month (20th Feb), which may lead to ongoing softness in the stock after its strong move over the last 6 months.
- We like TLS’s risk/reward ratio around $3.80, or ~4% lower. MM owns TLS in our Active Income Portfolio.
MM remains long TLS for defensive yield
Add To Hit List
