Q: Any good news on this stock - I think it reported. I have been under water for some time. Is it worth holding? TCL
5i Research Answer:
The recent results looked fine relative to expectations and TCL.A shares are having a bit of a run here. Top-line growth continues to be uninspiring at flat to negative though and the industry they operate in is slower growth to begin with. It remains cheap and the dividend helps a bit but we would be ok with taking advantage of the recent run here and maybe moving into something with a bit more of a reliable growth profile.