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TLS - Telstra Corporation

Approaching an area of potential resistance now sptrawler, should be interesting

Daily chart
View attachment 72261

The institutions have too much skin in the game, for there to be an absolute crash. Even with a mediocre report, after the initial fall a rebound will be required, for the insto bail outs.IMO
 
TLS drawdown was -35% in the past 2 years.

My forecast has been for around $2.50 SP post NBN construction era.

So I don't see going to the $3.80 region as a big move for TLS.
 
The pics below are from the online sites of two businesses that I deal with here in SA.
The update on the top pic is from Monday, problem has been going since May !
The bottom pic is from two weeks ago but will be there for a while I would guess.

Onya Telstra.

.
 
Interesting today, more buyers than sellers, price climb over past few days incredible.
Now we wait for what tomorrow brings, I'm on the edge of my seat, more tension than a Dockers game.LOL
 
Interesting today, more buyers than sellers, price climb over past few days incredible.
Now we wait for what tomorrow brings, I'm on the edge of my seat, more tension than a Dockers game.LOL

Yes, at a very interesting point now.
Wasn't around to see the action but the after close depth has a few big sellers. I suspect that there would have been a few of them all day but someone is buying what they are selling.

After close depth, individual sellers circled at $4.33.

 
Sic transit gloria Telstra.

A divi and a close within my loss area and I'll be out and happy.

gg
 
Got a feeling that you won't be alone GG
TLS's reporting tomorrow with the key being the capital management decision. Will they or won't they cut

FY18 dividend? Or may be they will securitise NBN cashflows? Will there be share buyback? Or may be it's all undecided and investors will have to wait until closer to the November deadline?

If TLS is trading closer to $4 then it feels like plenty of downside priced in, but the rally in the past week means that there's scope for some downside. My guess is that, the more concrete details on capital management released, the better the share price reaction. Barring a major hiccup in the current year numbers of course.

For the record consensus @ 32c EP and 15.6c final dividend.
 
Slashed profit and divvy

Telstra has slashed its dividend outlook and reported a 34 per cent slump in full-year profit to $3.9 billion.

The result was down from last year's $5.8 billion profit, but still roughly in line with expectations after the sale of Telstra's $1.8 billion stake in the Chinese Autohome venture.

Telstra announced it would pay a full-year dividend of 31 cents per share this year, which was below market expectations.

However, the future looks a lot bleaker for investors' cherished dividends.

Telstra said it would cut next years full-year payout by 30 per cent to just 22 cents per share.

http://www.abc.net.au/news/2017-08-17/telstra-result/8815342
 
Surely the buying was momentum related and/or being duped into believing the report was going to be great.
 
Surely the buying was momentum related and/or being duped into believing the report was going to be great.

I wasn't able to see the price and depth action yesterday but I suspect that it was an induced upswing that would have suckered in quite a few.
There is a good chance that there will also be a bit of "it's a bargain at this price" buying for a while now too.

Then again we may have seen the bottom
 

That seems to have covered all possibilities!
 
thought it might rebound as I feel the dividend cut was built into the share price over the past 6-12months and it would have a down day as its confirmed to the market

i sold out yesterday at 4.30, lost $6000, bought in at $5.10 around 2-3yrs ago collected a few dividends along the way and just have to hold the loss against anything i have capital gain against in the future

from what I can gather TLS is really at the crossroads of how it is going to move forward, some articles talk about selling off the NBN payments, some hope NBN Co reduce access fees,

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