TKG sorry i do not agree with the trade direction you indicate
Telkom annual shares declares tomorrow and the HEPS are down 70%
a pull back is definitely a possibility
Yes, fundamentals look terrible. Generally speaking price discovery is broken, if not dead in some markets.
Have a look at the candles between end of March to May. Those candles show me a lot of buying has been happening at lower prices over multiple trading days. Any thoughts here?
surecanweight
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@serioussam81, Yes i agree i have also been a favorite of buying on the dips as telkom still has potential
sean1goss
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@surecanweight, IFRS 16 leases which was brought in for the first time had a huge impact on the HEPS so it actually not as bad as next year it will show a large growth.
surecanweight
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@sean1goss, from an investor point of view the bear market and the covid 19
issues will not last the point is only how far TKG will fall before it is over
sean1goss
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@surecanweight, Do you expect telkom to retract back? i was thinking it should at least go to about 30.50
cgd
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@sean1goss, Telkom's property holdings alone should be spun out as a separate entity - in my opinion
@surecanweight @sean1goss