Telus Corp T.T

TIXT -Opening day

[rfguysd]

Congrats to  all that purchased the IPO at $25.    Hard  to believe the price as high as $33  trading at over 20x  ebitda.  Congrats

Disappointed  that Telus  sat at slightly  better that $27 ... where  is  the justice?  Long shareholders  left far behind at  the stellar rise of  a newborn...trading a mere 6x ebitda.   

Maybe  the market  will recognized that Telus is owns a boat load of Telus International shares (approx 200M)  that are multiple voting.

Here's   to hope.

RFguy

[MS12345]

Keep the faith RFguy, of what the speculation is the 67% shares that Telus owns will eventually be distributed to us shareholders. Also, there's a couple of other 'units' in the Telus arsenal that will be IPO. All in the same time as this dividend grows....if you love this theme, sit back and take your dividends... Best

[besttobe]

Yes..bought the IPO and believe it will trade about 30 times earnings, If they continue with strong growth.  Stll lots of room for profits in this sector.

[Dibah420]

If you got the TIXT IPO @ $25 USD or $32 CAD  you have a very good relationship with your broker or a large portfolio. I don't have a broker.  I couldn't get in at any reasonable price on the tsx and my USDs are tied up in another similar pending IPO/catalyst event. I see the brokerage houses bought the over-allotment too.  Most of those have probably gone into their