View From Reader's Windows & Desks: Isolation Edition. No 12 Stuart in Pendle Hill, North East Lancashire
Each working day I typically have fifteen minutes to obtain the key insights from the 7am regulatory news statements (RNS) before I need to talk my eldest daughter to catch her school bus. After too many years of looking at RNS output I can generally get the gist of what a company is trying to say and am wise to the (sadly often seen) combination of a 'pleased to announce' style first paragraph with a profit warning contained at the bottom of the statement in 'outlook', among other pull-the-wool-over-the-eyes distortions.
TalkTalk Telecom Group (TALK) has been having a torrid time recently and has pretty much seen its share price halved since the start of November. It has posted some disappointing results, and given that the slide in share price started just prior to the release of the interims around three months ago, it would seem that such figures weren’t entirely unexpected.
Hello Share Twirlers. The broadband and phone company TalkTalk (TALK) is not a share I would buy at the moment. And that’s a pity because I think someone needs to break the dominance BT (BT.A) seems to have on the market. Strong competition has always kept fees for broadband from being extortionate, and we can’t afford a shrinking market.
Sometimes drops that seem vastly overdone can present a good opportunity to buy once the share price settles, and I think that applies to TalkTalk Group (TALK).
Here is a telephone number to be very concerned about: 0203 290 3834. If you get a call from this number, just tell them to Foxtrot Oscar - and report it. But who to? Here is what happened with a customer of Talk Talk yesterday. We will call her Jane Doe.
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