It’s amazing to think that investors would ever stop caring if a company was profitable, but it seems to happen towards the end of every investment cycle. Now, as Daniel Moore reflects, investors seem to be focusing on fundamentals once more. Also published in the Australian Financial Review.
TPG Telecom has been listed on the ASX for many years, however the company today presents as a very different investment proposition to the company that existed prior to the merger with Vodafone in 2020. Lucas Goode & Simon Conn outline why IML has been adding TPG to our small-mid cap portfolios over the last 6 months.