Category Archives: $TLPR

$TLPR – tullet prebon – trade is on again – volatility good for IDBs FV=360

$TLPR trading in 310 to 380 range for past 6 months.

IDBs do well in market volatility as banks need the brokers to off load risk to other bank especially in times of volatile markets.

trade: Buy here at 320 area, take profit 360-370 area. Stop 295 for 2:1 Risk reward and 5% Dividend yield pick up on the way. FV=360