TLS - Telstra Corporation

Bluebeard · 16 March 2009

Any chance that TLS could slide to such a point where the Federal Government may decide to buy back the company in a takeover or a major mediacomms company comes in with a takeover proposal? Its a very big bite ... but TLS has some brilliant assets like Bigpond etc.

oldblue · 16 March 2009

I don't see that, myself.
The govt has got too many other things to spend its money on and too many other priorities for its attention. Besides which I doubt that there would be many political brownie points in such a move, and a lot of potential downside.
Big international telcos are similarly pre-occupied with keeping their own heads above water.
It would be a real "black swan" if it happened, though!

drsmith · 16 March 2009

I also can't see the government buying it back.

Imagine the political ammunition that would give the opposition.

jancha · 16 March 2009

Thanks for that Oldblue. I almost sold at a big loss but decided against it. I guess i wont be day trading for awhile. When you say it doesn't appeal to you right now for various reasons...can you explain in more detail as to why or is that getting to complex as involves reading charts? Just trying to understand why you don't like it & at what point would you like it. I do know one thing tho that i struggle with the charts... for example with the candle stick charts what do the colours represent eg. a green line or a brown line? Does the green represent a buy & the brown a sell for example? Maybe there is a site that you know of that i could go to to look into it in more depth?

Trembling Hand · 16 March 2009

The reason traders don't like it is for the obvious. It's going DOWN. Making new lows. traders don't like to waste money or time so they buy stocks with momentum in the direction they can make money with. Not momentum that's going against them.

I would sudjest you do some research on what the hell you are trying to do because from the comments you are lost.

basic candle stuff here,
http://www.investopedia.com/terms/c/candlestick.asp

Trembling Hand · 16 March 2009

brianwh said:
Suggestions by posters on another forum that short sellers are at work. Is there somewhere you can access a list of big sellers and or big stock lenders?

Yeah good one that. As usual totally wrong though!!!!!

Shorts are at 5% of issued shares......... nothing for the 4th largest company considering most would be arb plays.

Just as a comparison BHP is a 11% its not the shorts that are doing damage.

nunthewiser · 16 March 2009

for whoever is under the misguided idea that shorts are killing TLS

http://www.asx.com.au/data/shortsell.txt

shows transactions a day in arrears but a handy lil tool nuntheless

joeyr46 · 16 March 2009

nunthewiser said:
for whoever is under the misguided idea that shorts are killing TLS

http://www.asx.com.au/data/shortsell.txt

shows transactions a day in arrears but a handy lil tool nuntheless

Thanks for that didn't know where to get that. Correct me if I'm wrong but usually high percent of shorts usually occurs near bottom not top of trend
And if so TLS has a long way to go down (Potentially) because noone believes it will

nunthewiser · 16 March 2009

joeyr46 said:
Thanks for that didn't know where to get that. Correct me if I'm wrong but usually high percent of shorts usually occurs near bottom not top of trend
And if so TLS has a long way to go down (Potentially) because noone believes it will

Uh? dunno about that ........ TLS will do what it will , just no point fighting the direction ....... dunno about stats etc etc but ME personally will short ANYWHERE within a trend if i feel theres a buck in it for me .ie a dip OR a longer term fall ......dunno prolly one of the more suffistaicated posters here would know the stats of the matter but me personally it dont matter will short anywhere as long as i think its due a drop

CanOz · 16 March 2009

nunthewiser said:
Uh? dunno about that ........ TLS will do what it will , just no point fighting the direction ....... dunno about stats etc etc but ME personally will short ANYWHERE within a trend if i feel theres a buck in it for me .ie a dip OR a longer term fall ......dunno prolly one of the more suffistaicated posters here would know the stats of the matter but me personally it dont matter will short anywhere as long as i think its due a drop

I think he could be alluding to the contrarian value of the data. Sometimes its also used to indicate when a short squeeze could take place, as happened with Seek last year.

Cheers,

CanOz

Uncle Festivus · 16 March 2009

Anyone looking at the div yield, and the maintenance of such 'going forward"? Above 10% now - taking off thongs to test water temp of the big pond?

M34N · 16 March 2009

Uncle Festivus said:
Anyone looking at the div yield, and the maintenance of such 'going forward"? Above 10% now - taking off thongs to test water temp of the big pond?

It's actually funny because as I was reading last Sunday's Herald Sun recommendations for stocks, one broker had a sell on TLS because they suggested basically that if the markets go up, TLS will go up only a little, but if they go down, it will go down hard, so why bother? Had me chuckle!

But technically speaking, this one looks scary and has hit lifetime lows from what my charts tell me, but $3.00 looks pretty technically important on the charts and wouldn't touch this until there is a sharp turnaround similar to what happened to MQG a couple weeks ago, I'm looking for an inverted hammer on the charts. Good luck to those bottom pickers, again one bad night on Wall St is all it takes...

jet328 · 16 March 2009

Uncle Festivus said:
Anyone looking at the div yield, and the maintenance of such 'going forward"?

Exactly, their cash flow doesn't cover the dividend. From memory they had to borrow $1bn for the last dividend payment

vincent191 · 17 March 2009

What is going on with TLS? The SP seems to have gone into free fall. There does not seem to have too many short sellers to have such an impact, so you cannot blame it solely on short selling. The volumne is high too, looks like someone is dumping a large amount of scrip onto the market.

Is their failure to put in a complying bid for the new broadband network really have such a big impact? This new network is still only an election promise and there is no guarantees that it will go ahead, with or without TLS.

Further, TLS is still off the opinion that the project cannot go ahead as planned without TLS. Me like millions of others who hold shares in TLS are puzzled. When is ASX going to issue TLS with a speeding ticket?

oldblue · 17 March 2009

I doubt that the ASX will issue a speeding ticket. It's not that the SP has taken a sudden dive but rather that its gradually lost altitude.
TLS has a few issues around it at present but is, arguably, one of the most openly discussed stocks on the ASX as befits its size and wide shareholder distribution.
Just not the sentimental favourite at the moment.

YELNATS · 17 March 2009

vincent191 said:
What is going on with TLS? When is ASX going to issue TLS with a speeding ticket?

A ticket for speeding? More like when are they going to be issued with a ticket for reversing down a one-way street.

nunthewiser · 17 March 2009

For what its worth .......... i have entered a TLS long today at 2.99 as a trade ONLY

yes ... fighting the trend! silly ! reckless! only in for a bounce .TIGHT STOPLOSS ......

the bishop wishes ya well

CanOz · 17 March 2009

nunthewiser said:
For what its worth .......... i have entered a TLS long today at 2.99 as a trade ONLY

yes ... fighting the trend! silly ! reckless! only in for a bounce .TIGHT STOPLOSS ......

the bishop wishes ya well

Trying to catch that wedge nun? Good luck. Quite a few down days, you might catch a bounce after all.

CanOz

jancha · 17 March 2009

Thanks for your help on the Candle Stick matter Trembling Hand. As i said in the previous post I don't know much about charts & trading but am trying to understand it as a whole. What I was trying to do was bottom pick TLS as i thought it was good value, low risk ect. I kept buying it on the way down to the point where now i have to sit on them till they come back. Not too smart i guess but It's called a learning process. By the way, spelling is also a learning process. "SUDGEST" is spelt "SUGGEST". Thanks once again for your help.

Sean K · 18 March 2009

nunthewiser said:
For what its worth .......... i have entered a TLS long today at 2.99 as a trade ONLY

yes ... fighting the trend! silly ! reckless! only in for a bounce .TIGHT STOPLOSS ......

the bishop wishes ya well

Capitulation low maybe, but yes, a stop might be handy. I may join you.....maybe.

Good luck to us ....

TLS - Telstra Corporation

Bluebeard

oldblue

drsmith

jancha

Trembling Hand

Can be found on the bid

Trembling Hand

Can be found on the bid

nunthewiser

joeyr46

nunthewiser

CanOz

Home runs feel good, but base hits pay bills!

Uncle Festivus

M34N

jet328

vincent191

oldblue

YELNATS

Non illegitimus carborundum

nunthewiser

CanOz

Home runs feel good, but base hits pay bills!

jancha

Sean K

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TLS - Telstra Corporation

Can be found on the bid

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Home runs feel good, but base hits pay bills!

Non illegitimus carborundum

Home runs feel good, but base hits pay bills!

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