TalkTalk
Is this an opportunity to take a position ahead of the results?
TalkTalk publishes Q3 Results on Fri, 1 Feb.
- Last time TalkTalk reported: H1 Update, 21 Nov.
- The shares closed +3% for a daily range of 17.9p or 14.7%.
- Currently 114.8p (at time of writing).
- Will we see another big share price move on Friday?
- Shares -24.9% from 2018 highs; +29.3% from 2018 lows; +0.8% year-to-date.
- Source: Bloomberg, FT, Reuters, DJ Newswires, AlphaTerminal
Trading TalkTalk – An Example
Let’s say you think that TalkTalk results are likely to be good, and the share price is likely to rise. You decide to buy exposure to £10,000 worth of TalkTalk using CFDs, at the current price of 114.8p. To do this, you need £2,000.
For the purpose of this example, let’s assume TalkTalk reports strong results and the shares rise 10%. Your profit would be £1000, from your initial investment of £2,000.
Conversely, let’s assume you open the position, and place a stop-loss 5% below the current price. TalkTalk results miss, it falls 5% and hits your stop-loss. Your loss would be £500.
This is provided for information purposes only. It should not be taken as a recommendation.