TLS - Telstra Corporation

[YELNATS]

TLS up to $4 surely the second installment is not going to be over $2....

Like many of us, I threw my T3 prospectus straight into the bin about a week ago. But on reflection I have just sold my T2 shares at a capital loss, with the attendant CGT advantages, and will take up the T3 offer as soon as the funds are available before Nov 9th.

There seems to be a bit of a turnaround emerging on TLS. Regards YN.

 

[TraderPro]

Yeah... TLS has moved about 45 cents +ve since its lows in August...

Is this strong uptrend going to continue?
What is the next resistance/support point?

I've heard that the stock price movement was due to the strong uptake of T3 shares... is this true?

 

[scsl]

Yeah... TLS has moved about 45 cents +ve since its lows in August...

Is this strong uptrend going to continue?
What is the next resistance/support point?

I've heard that the stock price movement was due to the strong uptake of T3 shares... is this true?

Yes, that's correct. More than half the $8 billion that is being offered has already been accounted for. Nearly half a billion went to Japanese investors and $4 billion was pre-sold to clients of brokers and financial planners. Not only is the high yield attractive, but clients of brokers are using the opportunity to utilise instalment structures. Macquarie has gone a step further and created its own series of instalment products.

I think people are starting to realise that T3 might be worth investing money in (hence the run up in sp recently) and so retail demand in the offer is likely to be pretty strong - at least $5-6 billion easily. This doesn't leave much for institutional investors, who will demand a lot of stock and thus have a big say in the final pricing. Organisers could leave the offer as it is so that T3 will turn out to be a huge success, but it is likely that demand will be very strong that it will be justifiable to sell more stock.

Also, the lack of news about regulation being an impediment and negative comments/media from and surrounding the Telstra executives has helped.

 

[rosie]

TLS needs to break thru the dble top it has ran into for mine.

 

[Warren Buffet II]

The reason TLS has been experiencing a huge increase in the last week is because institutions need to show to the goverment that they have been "loyal" to Telstra and that they hold Telstra shares. There are some requirements from the goverment to institutions to show this characteristics in order to get some installment allocations.

Last Monday when the price shot up to almost $5 was because one of the institutions was short in Telstra and bought close to $100m in shares, I think it was $110 and so the rest of institutions did the same to secure T3 installments from the goverment.

Now, what I read is that once these institutions stop buying, the price will go down to the lowest price possible because in that way T3 will be the cheapest possible as well.

Well, this is what I read and saw so let see what happens in the next few weeks.

WBII

 

[Ken]

is it possible to go short on telstra....

 

[scsl]

is it possible to go short on telstra....

Yes, you can short sell Telstra with shares and CFDs.

 

[TraderPro]

The reason TLS has been experiencing a huge increase in the last week is because institutions need to show to the goverment that they have been "loyal" to Telstra and that they hold Telstra shares. There are some requirements from the goverment to institutions to show this characteristics in order to get some installment allocations.

Last Monday when the price shot up to almost $5 was because one of the institutions was short in Telstra and bought close to $100m in shares, I think it was $110 and so the rest of institutions did the same to secure T3 installments from the goverment.

WBII

The price didn't shoot to $5?!?! You had me excited there for a minute hehehe...

I think you meant $4...

As for the requirements from the government - are these documented somewhere? I don't remember reading about this...

 

[GreatPig]

Yes, you can short sell Telstra with shares and CFDs.

And warrants.

With T3 coming up, I think the government will want to see a high price set for the second installment. After that's set, they'll let it go to the dogs

GP

 

[pacer]

Still trying to find the "care factor'........I'll leave to those that do....just here for a look anyway......onya.

 

[Fab]

Any idea when shares are due to be credited to the account for T allocation ?

 

[Dutchy3]

Buying the Jan 07 CALL options on this one.

Looking for a quick and dirty reaction to these levels.

 

[Ken]

does call option mean you think it will go down.

T3 seems to be firing.

has anyone offloaded there TLSCA things.... @ 2.30 or above the $2 issue price or havent the public been allocated shares.

 

[Fab]

I think the idea with tls is to strip the dividend so the sell off might start after the first div payment or for sure after the second if there is no guarantee of the same level of div or if the share price has not appreciated much

 

[Ken]

tlsca hit 2.34. i'd be tempted take profits. but holding long.

i got 5750 out if 6000 shares i apllied for.

 

[Dutchy3]

I need this one to rally to secure a profit. Closed on its low today and Market Depth is not supportive of a rally, on the close.

I will need to close out my position by end DEC 06 so need the price up around 4.00 by then

 

[3 veiws of a secret]

I need this one to rally to secure a profit. Closed on its low today and Market Depth is not supportive of a rally, on the close.

I will need to close out my position by end DEC 06 so need the price up around 4.00 by then

Dutchy3 ,sorry about my witty comment bought TLS @ 3.59 the other day.........but tell me if it does not reach 4 bucks does that mean your evicted from the caravan park again! Lets hope MBP is your beacon! G'nite ( I sleep onthe park-bench these days!!!!)

 

[Dutchy3]

Hi 3

Happy to report that the last time I spent too much time on a park bench was in Carins in the 1990's during my mis spent youth. Right at the time of the pilots strike so a good many young backpackers had too much time and nowhere to go ....

Ive already my sell order in the market ... this looks to me as though it could react higher although the sell down on the close today has me on full alert ...

 

[Ken]

T3 shares are booming....

WHY???

and how much further can they go they are up 48 cents in a month

tempted to take the profits. I only bought for the dividend though.... so i am sticking with that, i guess.


Sol Trujino has made a killing. he bought a **** load of them super mario is killing it.....

 

[Ken]

now 2.52....


WTF.....