tech/a
No Ordinary Duck
- Joined
- 14 October 2004
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I really don’t think I’d be lucky enough to find a stock that is going to give such gains (200%). I think my best chance would be for a asx100 company. I’m struggling as it is to find a reliable resource to seek advice from in terms of which shares to buy/sell/hold even for your household namesI fully agree with Tech/A here. Why waste time on something that might gain or lose 20-50% over the next year or so when other aspects of the market are flying with 200-1000% over a couple of weeks or months.
Yes you miss cap gains tax exemptions, big deal, get use to paying lots of tax if you want to be successful.
spot-onYou need to look at companies that will make returns on your investment each and every year....
www.pressreader.com/australia/the-west-australian/20171111/282797831656055spot-on
... and if they stop rising, sell them and replace them with shares in a company that does promise to rise. "promise" not as in "make big promises in glossy advertorial style", but "in the process of being re-rated by the Market, and rising".
PS: If you can, grab hold of a copy of Marcus Padley's commentary in today's weekend papers, e.g. The Weekend West.
Telstra had a much too easy ride for much too long.I find it interesting that the dividend is 7.5c and a special dividend of 3.5c, if this is the first step toward a dividend of 7.5c, the worst is yet to come.
The biggest problem telstra have IMO is, they seem to stuff up every opportunity to branch into new areas, the latest write down being one of a many.
It is a very competitive field and the opposition where given a big leg up when they entered Australia, at Telstra's expense.
I agree with you on knowing the likely probabilities......and whether you are able to get them in your favour or not before you invest or trade..
I also like to trade on... "what I know and see and not what I think"
Here is another chart on TLS this time it is based on a longer term view using a monthly chart.
View attachment 64066
Back on the 27th Aug 2015 the long term view using Elliott wave was showing the start of a wave 2 by my calculations and was at $5.90 with a view that it could go as low as $2.55.
Looks like the $2.55 is getting closer after today close.....How much further is Telstra going to fall??
Any views on the stock after the latest announcement.???
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