analysis greater depth25 Nov 2015 06:56
Talktalk overpriced still current pe in 20s unlikely to change in next couple of years according to forecasts(morningstar).I cant see how current dividend is sustainable given eps for 2017 forecast as around 9.9p eps 2013 was 10.6p.In current circumstances a favourable investment level would be a pe of around 12 for the 2017 eps forecast of about 9.9p so in other words the share price would need to drop to about 120p a pound below current levels.Given current higher dividend levels and maybe I would GUESS about 8 pence maybe I would be prepared to pay between 130 to 140 pence a share.
Bt currently pe around 15 div about 3% ,little growth forecast, pension debt cloud still hanging?(not sure) anyway overpriced at 480p imo much better at 400p.