My post suggestive of a top was July 2015!! Not 2007
With respect to 'getting in,' earlier in this thread, I was calling 'em a buy at around 2.90, from memory. But that's history.
Fundamentally They no longer have their landline monopoly which is all they ever were good for.
Now they've sold the ducts, what's left?
Soon data will be vertically free!!
There is not going to be another miracle. I'd take the run up into the div or hang on till 2.50 if you want. TPM will have far better growth prospects from that point.
I plan to sit it out by continuing to collect dividend, while waiting for TLS to turnaround and provide capital gain, ie rise above my average price later-on,... of course, the assumption here is, TLS can rise above my average price later-on with incremental earnings reported,...any loss of capital or no capital appreciation is bad,
to think you can hold a stock for 5yrs, 10yrs or 20yrs with no appreciation is a poor outcome
Well lets see $4.65 - $4.07 =minus -$0.58 on share priceI'm just wondering - my average price at present is 4.65. At worst case, in the near term, if the dps is cut to 24c, I'd still be earning 5.21% gross, and if franking, it would be 7.45%. Is it that bad ?
Tq Triathelete,... appreciated your calculations,... at least I know someone is watching and helping to count,...Well lets see $4.65 - $4.07 =minus -$0.58 on share price
$0.58/$4.65= -12% capital loss so far
-12%-7.25%= minus -4.75% return so far on your investment
does not look like a good return to me at the moment....and still looks to be going lower..
Yes,... I know this path,... but this only works for an investor who has held long enough, for which he has received sufficient payouts over the years, AND he has invested those payouts into ctrs that earned him more. The 'compunding' effect from the earning more will even out the cap losses,.. I have counted for some ctrs that I held-on long term, and the divvies collected actually cut down the losses when I sold below my Buy price.When one is running a portfolio such a SMSF, it is important to take in to consideration the long term.
Although I hold TLS at a loss I am happy with the divi.
If that goes there will be some cross trading in to other entities pretty quick and active trading.
All evens out.
I've had some wins and some losses.
gg
Everyone has their own reasons for buying stocks and the returns they expect.Whenever I take a position I will always have a price I expect a stock to go too and a price where I know I am wrong based on the analysis I do.Tq Triathelete,... appreciated your calculations,... at least I know someone is watching and helping to count,...
Well,... if TLS does not DROP the dpu to 12c immediately on the next reporting, AND the SP does NOT drop quickly below $4.05 moving fwd,... that -4.75% will be lower from the next payout for a start. But, mathematically, yeah,... I will need time to recoup my losses,... during which I can't sell at all. During this period of holding hopefully the half-yearly dpu does not reach 12c, and the SP does not drop too low.
Like the look of this chart Boggo...
I am also looking for a move lower towards $3.95 to $3.75 for TLS....
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.
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
When one is running a portfolio such a SMSF, it is important to take in to consideration the long term.
Although I hold TLS at a loss I am happy with the divi.
If that goes there will be some cross trading in to other entities pretty quick and active trading.
All evens out.
I've had some wins and some losses.
gg
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