RE: Issues11 Nov 2015 12:58
If this is indeed third party systems then talktalk will be able to offset a lot of these damages accordingly. I would imagine that talktalk have contracts and SLAs in place around provision of services and systems.
What I meant was it won't drop below 230 from now on which I am sure you will agree with.
My only concerns really are reputational damage and talktalk obviously needs to go some way to restore confidence. It is expected that revenue will fall below expected levels. Therefore talktalk will be forced to offer heavily discounted promotions and show the robustness of the cybersecurity systems going forward.
This will take time.
Nevertheless, the share price is still massively undervalued. Let's see what the broker comes out with.