TLS - Telstra Corporation

[Boggo]

Still tending to think that it will end up closing the gap at around 4.50 to 4.56 in the box, where to then though is the question.

Another option in addition to Porper's above.

 

[Boggo]

Still tending to think that it will end up closing the gap at around 4.50 to 4.56 in the box, where to then though is the question.

Gap was closed at 4.50 as expected. In neutral now until it either breaks above 4.50 or below 4.32.
Just my

 

[sptrawler]

Your chart is still looking the goods.IMO
I still have them, still hold them for the dividend, but long term is shaky.
Unless they can come up with a plan.

 

[Boggo]

Your chart is still looking the goods.IMO
I still have them, still hold them for the dividend, but long term is shaky.
Unless they can come up with a plan.

The price activity is in a critical decision area at the moment.

sptrawler, just wondering if the VOC activity may be having an impact ?

 

[skc]

The price activity is in a critical decision area at the moment.

sptrawler, just wondering if the VOC activity may be having an impact ?

TLS is a tax loss selling candidate so I'd look for weakness in the next 2 weeks and tentative bounce in last week of June to early July.

 

[sptrawler]

The price activity is in a critical decision area at the moment.

sptrawler, just wondering if the VOC activity may be having an impact ?

View attachment 71482

From what I can find on the internet, VOC major shareholders, are major shareholders of TLS. Maybe they are propping up the price, who knows, I like your underlying research better at this point in time.
http://www.afr.com/research-tools/VOC/shareholders

http://www.afr.com/research-tools/TLS/shareholders
Scroll down to the bottom of that last post.

I really don't know how this all works, I just rely on my training through the "school of hard knocks"
The thing is, I'm going to have to get more nimble, with the new "super" rules.

 

[Boggo]

...
http://www.afr.com/research-tools/TLS/shareholders
Scroll down to the bottom of that last post.

I really don't know how this all works, I just rely on my training through the "school of hard knocks"
The thing is, I'm going to have to get more nimble, with the new "super" rules.

Just got to the bottom of the page in that link when it told me I need to subscribe.
Will chase similiar info tomorrow via another route, Cheers.

 

[Boggo]

...
Will chase similiar info tomorrow via another route, Cheers.

Found another source with this list of EOFY sell off candidates

CYBG PLC (CYB), Brambles (BXB), Star Entertainment (SGR), Navitas (NVT), Domino’s Pizza (DMP), Janus Henderson (HGG), Santos (STO), Healthscope (HSO), Medibank Private (MPL), Westfield Corp (WFD), Vicinity Centre (VCX), Harvey Norman (HVN), Carsales (CAR), Vocus (VOC), TPG Telecom (TPM), Myer (MYR) and Telstra (TLS)

 

[Triathlete]

Gap was closed at 4.50 as expected. In neutral now until it either breaks above 4.50 or below 4.32.
Just my

View attachment 71325

Like the look of this chart Boggo...

I am also looking for a move lower towards $3.95 to $3.75 for TLS....

 

[Boggo]

Like the look of this chart Boggo...

I am also looking for a move lower towards $3.95 to $3.75 for TLS....

Plays by the rules doesn't it. EW has worked well on this stock for quite a while now including when it was on the way up.

 

[Triathlete]

Plays by the rules doesn't it. EW has worked well on this stock for quite a while now including when it was on the way up.

Sure does....The move up was at the levels we would have expected for this turn for the fifth wave.

The other thing for me is that it is also starting to line up with my weekly cycles which shows we are moving towards a low between 7th July and 4th August which has got me a little excited to see how this is going to play out. Time will tell I guess.

 

[Toyota Lexcen]

looks like you getting this one right Triathlete, not much hope for long term TLS investors moving forward

 

[sptrawler]

Gap was closed at 4.50 as expected. In neutral now until it either breaks above 4.50 or below 4.32.
Just my

View attachment 71325

Still liking your post, IMO you are still on the money.
Telstra need some Earth shattering statement, to soften the downward trajectory.IMO
Still own a few in the SMSF, but as said earlier not adding yet, untill I see a vision.

 

[Boggo]

Still liking your post, IMO you are still on the money.
Telstra need some Earth shattering statement, to soften the downward trajectory.IMO
Still own a few in the SMSF, but as said earlier not adding yet, untill I see a vision.

Yes, still playing the game isn't it. At some point though it will head off in its own direction, upwardly I hope for those holding.
If it continues to follow this pattern then there is another month of downward before it hits the next decision (yellow - end of Aug) zone.
It seems to be heading down a bit too fast at the moment so there may be a long period where it hold up above the round number support at around $4.00 or may run up for a while.

An interesting exercise if nothing else

Daily chart...

 

[sptrawler]

Yes, still playing the game isn't it. At some point though it will head off in its own direction, upwardly I hope for those holding.
If it continues to follow this pattern then there is another month of downward before it hits the next decision (yellow - end of Aug) zone.
It seems to be heading down a bit too fast at the moment so there may be a long period where it hold up above the round number support at around $4.00 or may run up for a while.

An interesting exercise if nothing else

Daily chart...
View attachment 71985

Spot on Boggo, I'm expecting a major drop, when they announce a dividend drop.
Then I expect it will gradually rise to a benign level, reflective of the dividend, until it comes up with a plan.
If it doesn't come up with a plan, it will slide with the dividend. IMO

Then it would be eventually be bought out, by a Chinese company, IMO

 

[notting]

They did their big mobile investment thing which was good but the earth shattering miracle that got em out of the dog house to begin with was Rudds nbn gift. They even sold that stupid Hong Kong 2b investment great!! But -
That's over now and trust me there is no way a dog like this is going to make some earth shattering announcement.
you should all have gotten out here https://www.aussiestockforums.com/threads/tls-telstra-corporation.4270/page-91#post-8750
If I was in I'd be looking for a last ditch bounce into the next div if they don't cut it too much, 25c ball park expectations.

 

[Miner]

Spot on Boggo, I'm expecting a major drop, when they announce a dividend drop.
Then I expect it will gradually rise to a benign level, reflective of the dividend, until it comes up with a plan.
If it doesn't come up with a plan, it will slide with the dividend. IMO

Then it would be eventually be bought out, by a Chinese company, IMO

Good thoughts indeed.
My two cents, market has already discounted heavily for TLS to drop its dividend. I believe the market will bounce back because TLS will drop dividend by an amount which is lower than the market was expecting. The first day of reaction will be some drop down giving an opportunity to buy immediately for me. Unfortunately, in the past, I bought at $4.8 in this year only to be sold at $4.0. Now I am waiting for my turn to return the debt with a bang.
I do not believe China will ever try to venture into TLS. They do not have the capability nor Australian Government FIRB will allow this.
One forgotten telco is SPK or Singtel - can show wonder.
Just a few weeks to wait. DNH at the moment.

 

[sptrawler]

They did their big mobile investment thing which was good but the earth shattering miracle that got em out of the dog house to begin with was Rudds nbn gift. They even sold that stupid Hong Kong 2b investment great!! But -
That's over now and trust me there is no way a dog like this is going to make some earth shattering announcement.
you should all have gotten out here https://www.aussiestockforums.com/threads/tls-telstra-corporation.4270/page-91#post-8750
If I was in I'd be looking for a last ditch bounce into the next div if they don't cut it.

The problem with that thought, from my perspective is, they have paid about $3.15 dividend since that 2007 post.
If you add on 30% franking in the SMSF, that is about $4.15 return, just back of the napkin but it is still compelling at $3.40.
But having said that I'm thinking of bailing, just not yet

 

[notting]

The problem with that thought, from my perspective is, they have paid about $3.15 dividend since that 2007 post.

My post suggestive of a top was July 2015!! Not 2007

 

[Boggo]

Area of interest if it turns up.