Q: Is there a future for TCLA.A. What is your view on it going forward.
Thank You in advance.
Thank You in advance.
5i Research Answer:
TCL offers decent cash flow and a high dividend yield, but also very minimal growth and a leveraged balance sheet. The stock is cheap at 6.9X earnings, but the share price is lower than it was a decade ago. We would hardly consider it a 'need to own' stock today.