TLS - Telstra Corporation

[ROE]

hahahaha glad you make your money on TLS
at current price it's around PE of 18 ..... no longer a bargain stock
It may starts free fall soon
keep your feet close to the exit

 

[dhukka]

Good analysis ROE, paying dividends that exceed profits by using borrowed funds to meet the shortfall was a blatant ploy to prop up the share price before the float of T3. Anyone with an ounce of common sense can see that paying dividends that exceed profits by increasing debt is unsustainable and detrimental to the health of a business.

Without the ability to reinvest profits at high rates of return, the encumbrance of government regulation and as competition heats up in several areas of its business its hard to entertain holding such a poorly managed business at these prices. Actually I think ROE is being generous

 

[ROE]

are we buying T4

http://www.tellthetruthtelstra.com.au/

 

[Gurgler]

Don't you just want to hug him?

He's out there confronting the government on our behalf:
Sol says:
"I would like to see the environment for investment change - it means a policy change, it means that it's a change the government will have to lead.

"Otherwise my shareholders, the Telstra shareholders don't want to invest in money-losing projects."

He said Telstra shareholders "should not be put into a position where they are asked to subsidise foreign competitors".

from an Age article just out: "Sol resumes broadband hostilities"

http://www.theage.com.au/news/busin...and-hostilities/2007/05/14/1178995053432.html

 

[AndyMc]

Hey Guys

Yarr I'm very new to trading and have been having a good look at Telstra charts.

Recently I'm becoming more and more keen on the idea of Telstra getting to and going below 4.60 by the last week of May. :homer:

Any thoughts?

 

[ROE]

Any truth to this story?
http://www.news.com.au/business/story/0,23636,21773473-462,00.html

it will be a sad day for TLS if they resource to this sort of tactics.

1 thing I hate is management disregard for their staffs well being, and the pain and suffering they may cause to their family.

Maybe TLS CEO should read common stock, uncommon profit by Philip Fisher.

 

[ROE]

Hey Guys

Yarr I'm very new to trading and have been having a good look at Telstra charts.

Recently I'm becoming more and more keen on the idea of Telstra getting to and going below 4.60 by the last week of May. :homer:

Any thoughts?

No idea. I'm not a chart reader . I don't understand it.. I stay the hell away from it .. ...

 

[It's Snake Pliskin]

Hey Guys

Yarr I'm very new to trading and have been having a good look at Telstra charts.

Recently I'm becoming more and more keen on the idea of Telstra getting to and going below 4.60 by the last week of May. :homer:

Any thoughts?

Andy,
Both on a weekly chart I see an opportunity to buy but some weakness may creep in. If you feel it is going to sub 4.60 ish then be quiet because you may scare everybody out of it again.........

 

[rocka1]

MY OPNION IS LOOK ELSE WERE better value in other stocks due to managemen.stock price due for a breather in my opnion cheers rocka

 

[AndyMc]

Andy,
Both on a weekly chart I see an opportunity to buy but some weakness may creep in. If you feel it is going to sub 4.60 ish then be quiet because you may scare everybody out of it again.........

It's moving slower then I thought, so who knows.
Just my speculation even i don't trade from them at the moment. :

 

[Sean K]

Unusual volume on TLS yesterday. Any ideas?

Broke through $4.50 again and touched $4.60 an area not seen for some time. Aug 05 actually. For those following we picked the break of the down trend some time ago and it seems to have been recovering OK. Chart forming a big cup, heading back to $5.00 by the look. Lots of resistance between $4.50 and $4.75 though, so there might be some sideways action. Still medium term going up.

(holding - too many. Bought all the way to the bottom after T2 - making up for it now )

On last review I thought 4.50-75 was going to be difficult, but on review, perhaps it's 4.75-5.00 which is going to be where most of the static will be. Plenty of churning there between Jul 03 to Jun 05. Probably plenty of mums and dads buying around there who will be happy to cash in soon to buy a caravan.

The cup has formed now IMO, and if we get some consolidation sideways ish for a little bit you can count that as a handle, perhaps. Quite a cup and handle that one! Price target from break through 5.00 ish will be $6.50. Pretty early to call, but I like making rash TA predictions. I'll wait for the eggs to be thrown later.

 

[Sean K]

Been chatter around of TLS as a takeover target, along with just about everything else on the ASX. Can't really see it myself. Where's the potential turn around, or release of value in the stock. Sell Sensis and Yellow Pages?

I think Sol was right, it wouldn't be a target while it's half way through an efficiency program - or whatever he's calling it.

0847 [Dow Jones] Trade in Telstra (TLS.AU) likely to be active after AFR's Street Talk column says Macquarie Bank (MBL.AU) recently approached the Future Fund about taking a cornerstone TLS stake. Unsourced item says Macquarie working with consortium of unnamed institutions to bid for at least 3% of the company - Future Fund owns 17%. Report says it looks like MBL, which recently failed in its takeover bid for Qantas (QAN.AU), approached the Fund directly, but was referred to Fund's advisers at Deutsche Bank. Had been some talk at time of T3 sale that Macquarie wanted a chunk of shares then. Macquarie spokesman declines comment on today's report, same at Deutsche Bank, but report likely to reignite speculation that TLS could be a takeover target. TLS last at A$4.84. (LMF)

 

[Sean K]

Here's a close up of the handle forming on TLS. Pretty dodgy but it's shaping up on the 3 years chart. Break though 4.90 ish is taking on greater significance. That will just mean that the break will be more significant too. I think. I hope.

 

[Sean K]

On last review I thought 4.50-75 was going to be difficult, but on review, perhaps it's 4.75-5.00 which is going to be where most of the static will be. Plenty of churning there between Jul 03 to Jun 05. Probably plenty of mums and dads buying around there who will be happy to cash in soon to buy a caravan.

The cup has formed now IMO, and if we get some consolidation sideways ish for a little bit you can count that as a handle, perhaps. Quite a cup and handle that one! Price target from break through 5.00 ish will be $6.50. Pretty early to call, but I like making rash TA predictions. I'll wait for the eggs to be thrown later.

Still happening. Looks like it's going a bit bearish short term, and could find 4.50 to the down side even while the long term bull is running. I'm still guestimating a break though $5.00 could see a C&H significant breakout. I don't think I've seen a cup this size before. Just a probability of course. I think the future fund can sell off stakes in this shortly, which it should, to balance the portfolio, so should see some significant holders eventuate in the comming weeks/months. Takeover spec should probably blossom at that time also, although a very long shot.

(holding - too many - since T2 and 'averaged down' to 3.50 and added on break through $4.00 up to now - and now breaking even, not counting dividends which have been noice )

 

[reece55]

Still happening. Looks like it's going a bit bearish short term, and could find 4.50 to the down side even while the long term bull is running. I'm still guestimating a break though $5.00 could see a C&H significant breakout. I don't think I've seen a cup this size before. Just a probability of course. I think the future fund can sell off stakes in this shortly, which it should, to balance the portfolio, so should see some significant holders eventuate in the comming weeks/months. Takeover spec should probably blossom at that time also, although a very long shot.

(holding - too many - since T2 and 'averaged down' to 3.50 and added on break through $4.00 up to now - and now breaking even, not counting dividends which have been noice )

Hey Kennas
Top post mate - the cup and handle on the monthly is very obvious here, almost text book in fact. Short term, looks like it's going to take a breather (MACD divergence), but perhaps it will find support at that 4.50~ level as you said, which incidentally looks like where the 200 MA on a weekly time sits at the moment. Then I guess we are just waiting for confirmation of another bullish move back up and see if it can crack the 5.00 level.

On my watch list now........

Cheers

 

[Sean K]

Hey Kennas
Top post mate - the cup and handle on the monthly is very obvious here, almost text book in fact. Short term, looks like it's going to take a breather (MACD divergence), but perhaps it will find support at that 4.50~ level as you said, which incidentally looks like where the 200 MA on a weekly time sits at the moment. Then I guess we are just waiting for confirmation of another bullish move back up and see if it can crack the 5.00 level.

On my watch list now........

Cheers

Shorter term the horizontal support looks like it should be between 4.50 and 4.60, which will also be at an upward trend line. Not sure about the 200 d ma. Mine is a daily, but a little bit off the level you describe, but it could move closer as the sp comes off over the comming days to reach the support (if it does).

 

[julius]

Think your on it Kennas.

Look for TLS to climb back to resistance at $5.

We might see a run if it breaks - but I'm out at 5 without new signals.

 

[julius]

Now up 12c since Wednesday.

Note support is more difficult to quality than resistance. Market has tested that level four times since April - I think we'll need major buying pressure to move through $5.

Till then I'v got my eye on the exit.

 

[Sean K]

Shorter term the horizontal support looks like it should be between 4.50 and 4.60, which will also be at an upward trend line. Not sure about the 200 d ma. Mine is a daily, but a little bit off the level you describe, but it could move closer as the sp comes off over the comming days to reach the support (if it does).

Unfortunately, this FTTN v Cable debarcle and win by the Singaporeans over Australia is going to cost Telstra short term I feel. There's a lot of uncertainty of what this all means at the moment, and I think the SP will suffer. Not sure if those support levels will hold actually. Helen Gooner is such a pain in the @rse.

 

[Kauri]

Unfortunately, this FTTN v Cable debarcle and win by the Singaporeans over Australia is going to cost Telstra short term I feel. There's a lot of uncertainty of what this all means at the moment, and I think the SP will suffer. Not sure if those support levels will hold actually. Helen Gooner is such a pain in the @rse.

Hi Kennas,
Tls...one of my few loooong-term pattern trades... trading a potential cup on the weekly... unfortunately can still fall a long ways and remain valid ..
Cheers
Kauri