Must admit skinny tempted to get back in on the spreads target 380.0 leading up to results. Waiting to see how day pans out, suspect bit of profit taking month end accross the board, if Talk drops below 260.0 will be in. You still long?
TalkTalk’s focus on the cheap end of the pay-TV market is a winning formula, the Sunday Times’s Danny Fortson wrote in his Inside the City column. When it reports half-year results on November 12th analysts will be looking out for how its new ultra-budget Essentials package has performed. Barclays expect Essentials to fire up boss Dido Harding’s plan to replace dwindling revenues from voice calls and broadband. Its analysts forecast 1.7m more accounts by the end of 2015. Some of the TalkTalk’s prospects are already in the share price but Barclays expects them to rise to 320p from 248½p. There is plenty more for Harding to aim for.