We have just seen a data centre at Clayton leased to a REIT (#2379).
Expect an Infrastructure entity to emerge; high yield, low growth, geared? .... especially in this 'low interest' era.
@sptrawler agree. It's having a bit of an issue getting past the constant sellers around the $3.90 area and this will probably repeat around the $4 area.
I did scan it.
Again they are paying out more than they are earning, so as was worked out a while back in this thread a $2.80 price is a possibility.Extract above was from a post around the end of January. It did hit $3.94 and then headed South from there.
MTPredictor gave a nice heads up back then and a few weeks ago signalled another short to $2.82.
Second signals are usually not as reliable as the first one in these situations (imo) but lets see how it pans out
Again they are paying out more than they are earning, so as was worked out a while back in this thread a $2.80 price is a possibility.
A lot of punters would have expected Telstra to be immune from the virus, as everyone was either on the internet or on the phone, the drop in earnings probably came as a shock to many IMO.
If they hit $2.80 I will be getting in.
By the way great chart Boggo, cheers.
Again they are paying out more than they are earning, so as was worked out a while back in this thread a $2.80 price is a possibility....
Yes their payments from the NBN, for transferring subscribers will be drying up, now the project is nearing completion.I haven't read the report or the recent coverage. It's been a while since I owned Telstra. You only get the confluence of the bravado of a David Murray, Malcolm Turnbull and Tony Abbott once in your life-time.
With Telstra I think the free cash flow is more important for the maintenance of the dividend than the reported earnings figure. They have maintained strong free cash flow for some time but everything else is compressing, return on assets, return on equity profit margin all falling for years and with profit growth being on average negative for years now.
I don't know if this company transforms itself or just sits out to pasture as a cash cow. I assume the future is more in wholesale infrastructure and services rather than retail. I assume they don't want retail anymore as they keep jacking up their prices. I've moved three devices off Telstra to Woolworths Mobile (still Telstra network) recently and will be taking the NBN account elsewhere once my contract is up.
I’ve been in and out of internet coverage in Arnhem Land and Areas of Kakadu so haven’t been keeping up with what’s happening to the share price.
Now in Katherine and getting updated and it seems like it could be on its way there @sptrawler.
Cheers.
Wonderful part of Australia. Out of interest Boggo, are you still trading your systems while on the move?
Yes their payments from the NBN, for transferring subscribers will be drying up, now the project is nearing completion.
The ongoing rental of the exchanges could end up being spun off? Also I think I read they are trying to get out of the rural service obligation, they really are reducing down to just another service provider. So as you say a possible cash cow with minimal growth.
That is something no one can tell you, we aren't advisers, just people who chat about our own thoughts on shares.What does everyone think about averaging down TLS? I stupidly bought 9000 TLS at 3.42 and a couple weeks ago averaged down by adding another 2800 shares to create an average of 3.35. now they are sitting at 2.84 (a 52 week low) and i now have a $6220 loss on a $40000 investment. By my calculation if i average down again, i can buy another $10000 worth. That equates to around another 3500 shares, creating 15300 shares at an average of $3.25 and turning a $6220 loss into $3967. (i think) is this a good idea?
I tend to agree with you Ferret, IMO at current prices they should provide a reasonable dividend going froward, I will be buying in just have to work out what to sell to get the money together.TLS is one I've lost money on in the past, but I am also interested again at current prices.
I last added some at 2.62 in 2018. I might add some more now.
I tend to agree with you Ferret, IMO at current prices they should provide a reasonable dividend going froward, I will be buying in just have to work out what to sell to get the money together.
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