About TLS

It didn't take the government long, following on from our comments in yesterday's Report, to announce proposed changes to TLS. The government wants to move ahead with splitting TLS into retail and wholesale entities, along with introducing other reforms aimed at improving competition and other measures. In a response statement, TLS has broadly accepted the requirement for change.

TLS has dropped to $3.10 on the news. We believe the news has been overdone in the price and there is no need to panic. Our recommendation is to continue to hold or buy at current levels and wait for a recovery in the share price.

所有跟帖： 

• 政府持股巳不占绝对多数了 -片仔癀- ♂ (73 bytes) () 09/14/2009 postreply 20:33:02

• TLS 股价低迷就是从政府上次对TLS下手开始的 -jcyz888- ♂ (51 bytes) () 09/14/2009 postreply 20:43:05