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.

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政府持股巳不占絕對多數了 -片仔癀- 給 片仔癀 發送悄悄話 (73 bytes) () 09/14/2009 postreply 20:33:02

TLS 股價低迷就是從政府上次對TLS下手開始的 -jcyz888- 給 jcyz888 發送悄悄話 (51 bytes) () 09/14/2009 postreply 20:43:05

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