TLS - Telstra Corporation

[nulla nulla]

I have attached the MACD chart:



and the RSI chart.



The volumes are slightly below average (however we have no way of adjusting the average daily trade for the Future fund so I consider the average to be slightly overstated).

Personally I think we are due for another break out upwards., but as always dyor.

 

[Garpal Gumnut]

I have attached the MACD chart:

View attachment 43471

and the RSI chart.

View attachment 43472

The volumes are slightly below average (however we have no way of adjusting the average daily trade for the Future fund so I consider the average to be slightly overstated).

Personally I think we are due for another break out upwards., but as always dyor.

You could be correct nn.

Although the volume recently does not indicate buyer support , at least not compared to the volume in March when it had rising volume on the drop at 2.60, and this volume doesn't push the closes up.

I'll wait I think, for a long.

gg

 

[Boggo]

I am expecting it to at least close the gap to 2.96.
There is a brick wall at 2.99, if it can get over that and get support in that area there could be a bit in it between now and the dividend.
I am long as of today on TLSIOU instalment warrants.

Link to my post on 24th June TLS chart low

(click to expand)

 

[Boggo]

I am expecting it to at least close the gap to 2.96.
There is a brick wall at 2.99, if it can get over that and get support in that area there could be a bit in it between now and the dividend.
I am long as of today on TLSIOU instalment warrants.

It looks like it is trying to find support at 2.99, if this holds then we may have another run up.
Its been playing the game since its dip at the end of June.

(click to expand x 2)

 

[McCoy Pauley]

TLS report out this morning. My key takeaway is that the dividends paid in the last financial year exceeded TLS' NPAT. I wonder how sustainable 28cps dividends will be going forward.

The market doesn't seem to care, though. It's up almost 4% this morning.

 

[Tysonboss1]

TLS report out this morning. My key takeaway is that the dividends paid in the last financial year exceeded TLS' NPAT. I wonder how sustainable 28cps dividends will be going forward.

The market doesn't seem to care, though. It's up almost 4% this morning.

because the dividends are paid from cashflows, not from reported net profit.

 

[pixel]

because the dividends are paid from cashflows, not from reported net profit.

That's one explanation; I would add the onservation that the 2nd half of the FY showed a strong turnaround compared to the July-December 2010 period.
I'm hapy to hold, inspite of the 1c gap below yesterday's candle. It makes Tuesday more of a bottom reversal, and above that kind of candle, gaps can often remain open for years.

 

[Boggo]

That turning point had a convincing reversal written all over it.
I went long on TLSIOU warrants, couldn't resist that action on Tuesday, didn't expect the news to have that much effect today though

(click to expand)

 

[ROE]

That turning point had a convincing reversal written all over it.
I went long on TLSIOU warrants, couldn't resist that action on Tuesday, didn't expect the news to have that much effect today though

(click to expand)

Sold 80 TLSPN7 MAR 12 $3.1000 CALL @ $0.0800

when the going is good plus pocket 2 dividend

TLS can hovering around 2.80-$3.00 and I make 20-25% out of this dog each year.

TLS is my darling

 

[Muschu]

TLS report out this morning. My key takeaway is that the dividends paid in the last financial year exceeded TLS' NPAT. I wonder how sustainable 28cps dividends will be going forward.

The market doesn't seem to care, though. It's up almost 4% this morning.

Unless I missed it, TLS has not yet given an XD record date. Would someone mind confirming that please?

Thanks

Rick

 

[Boggo]

Unless I missed it, TLS has not yet given an XD record date. Would someone mind confirming that please?

Thanks

Rick

14 cents fully franked Rick, ex on Mon 22nd Aug, paid on 23rd Sept.

 

[Boggo]

TLS can hovering around 2.80-$3.00 and I make 20-25% out of this dog each year.

TLS is my darling

Mine too twice a year, so predictable

 

[Muschu]

14 cents fully franked Rick, ex on Mon 22nd Aug, paid on 23rd Sept.

Many thanks Boggo -- Don't know how I missed that...But I do miss a great deal these days...

 

[Frank D]

TLS Primary cycles

If long on TLS i'd keep an eye on 3.14...but it might not breakout
until September...

but if it begins trading above 3.14, it will be the first time since 2007 (#A)
that TLS is above the Yearly 50% level and Quarterly high. (#B)

This could see the trend continue to move upwards for the next 6-months.

Support $2.95

 

[Boggo]

If long on TLS i'd keep an eye on 3.14...but it might not breakout
until September...

I am long on this (warrants) for the bi-annual run with the upcoming dividend.

Circled below is my target area so I am hoping that Sept gets brought forward to this coming week Frank
Some resistance to overcome first though.

(click to expand)

 

[iced earth]

TLS(TELSTRA):15 AUGUST 2011
================================
In Telstra we are in a very important situation, we see at this price , TLS has two resistance line:

1- is a shorter term channel, which has target around3.60 (if the upper line of the channels passed up successfully)



2- there is another longer term channel which has the target around $4.00



and at this price at long term view, TLS would reaches the top of the long term bearish channel

 

[nulla nulla]

A paragraph in todays Sydney Morning Herald "Business Day" section, Telstra on Hold. The future fund has aparently reach its target of 100 million shares and will stop selling down the level of stock held.

This should take some sell pressure of tls. It will be interesting to see how much further (if any) it can run up this week before it goes ex-div on Monday.

 

[ROE]

Media release

15 August 2011
Future Fund completes portfolio rebalancing and achieves
market weight in Telstra

The Future Fund Board of Guardians (“Board”) today announced it had completed the
rebalancing of its portfolio through its on-market selling of Telstra shares and reduced its
holding in the company to 0.8% or approximately 100 million shares.
Completion of the rebalancing meets the Board’s long-stated objective of reducing its Telstra
holding in an orderly manner over the medium term.
The Government transferred $9.21 billion worth of Telstra shares to the Board, primarily
through the transfer of 2.1 billion Telstra shares in February 2007. As a result of share sales
and dividends received, $9.37 billion has been integrated into the broader Future Fund
portfolio over the Board’s holding period.
The Board will no longer report the performance of its Telstra holding separately from the
rest of the portfolio and will transfer management of the holding to external investment
managers in line with its usual arrangements.

ENDS

 

[notting]

Orderly.

I hate to see the future fund make an unorderly exit.

 

[Boggo]

That turning point had a convincing reversal written all over it.
I went long on TLSIOU warrants, couldn't resist that action on Tuesday, didn't expect the news to have that much effect today though

Just offloaded all my TLSIOU warrants, TLS going ex on Monday.
With the fact it is going ex and the negative sentiment at the moment I am tending to think that if TLS does a retrace of 38% to 50% it will be sub $3 again.

Taking the dividend and wearing the potential retracement was not an option, rather take just the profit and sit it out.