Australian (ASX) Stock Market Forum

TLS - Telstra Corporation

Re: Where will TLS head???

My target is $4.65 ish
The divi must be looking very attractive to some.
 
Re: Where will TLS head???

Anyone know why the governement thinks next year is the best time for them to sell the rest of Telstra? It was on the news that they are thinking that, but why?
 
Re: Where will TLS head???

Howard in a speech indicated that he was given advice that the price might be better next year for a sale. At least somebody somewhere is bullish about next year.

MIT
 
Re: Where will TLS head???

I am sorry to keep going on about WD Gann...
(I normally keep to my own thread.)

He said many years ago that "The fifth year of the decade is the ascension year"

We have never had (so far) a down year in the fifth year of the decade.
2005 1995 1985 etc

Maybe the government advisors know this.
 
Re: Where will TLS head???

Battman64 said:
I am sorry to keep going on about WD Gann...
He said many years ago that "The fifth year of the decade is the ascension year"
We have never had (so far) a down year in the fifth year of the decade.
2005 1995 1985 etc
Maybe the government advisors know this.

Wouldn't they sell this year (1995) then :confused: rather than next year 1996 as they want a high price?
 
Re: Where will TLS head???

No mit the prices should keep going up until next year.
Look at the sixth year of the decade. (usually higher prices)
 
Re: Where will TLS head???

mit said:
Wouldn't they sell this year (1995) then :confused: rather than next year 1996 as they want a high price?

Oops I meant 2005 and 2006.

Battman,

I have the SPI plot in front of me. Only from 1983 but there were only a half dozen down years in this entire period so most years ended higher than they started and there doesn't seem to be anything particularly different around the years ending in '5. It did peak in March 1996, but after a minor correction the year finished stronger. Looked at 1986 and it didn't peak in March but later in the year and again finished the year higher.

MIT
 
Re: Where will TLS head???

Hehe!

Gann talks about well over 100 years of Dow.
He died in 1955 (wasn't a good year for him) :)
77 years of age.

SPI started Feb 16th 1983

The 1995 range peaked on March 4th 1996
Pulled back to July 17th (50% of the range)
 
Re: Where will TLS head???

Bronte said:
My target is $4.65 ish
The divi must be looking very attractive to some.

$4.69 Low for today. :)
Thoughts anyone!!
 
Re: Where will TLS head???

$4.66 as I type
It will be nice to see $4.65
 
Re: Where will TLS head???

Bronto thats all very well...but look at the stock which is shortsold....whoever they are they will have to buy stock on the open market...there are at present 15 million shares sold without stock....and watch what will happen....stock needs to be delivered within 3 days....so by next tuesday they must have bought this stock....and before div.payout...its now a buy ...sp will go up
 
Re: Where will TLS head???

I certainly agree with you chicken legs.
Very well done with the comp. :)
 
Re: Where will TLS head???

Interesting article in the SMH yesterday. The government is looking at changing the media laws.

This would pave the way for Telstra to aquire all of Foxtel, Fairfax and possibly Channel Nine (currently under a cloud at PBL)

With the new laws in place (no probs with a majority in the senate) the government will be paving the way for Telstra to demonstrate a very strong growth strategy that will impress the investment community and as such raise the SP (sky rocket), prior to T3.

Telstra as a 360 degree, fully intergrated media bohemath is probably the only way that T3 will fly, allowing the government a maximum return on their 51%.

FYI

SMH - 31st August 2005

Telecommunications Minister Helen Coonan is considering a revamp of media ownership laws that would allow a single company to own newspapers, radio and television stations in the same market.

Addressing the National Press Club, Senator Coonan said that, subject to keeping some licence and reach limits, she was looking at ways to allow mergers of existing media systems.

"I'm considering an approach where mergers could take place between the regulated platforms of television, radio and newspapers within a licence area," she said.

"This would mean, for example, there could be common ownership of a television licence, two radio stations and an associated newspaper or other combinations in that same market."

Senator Coonan said she was looking at a system where mergers could be allowed, as long as there was enough competition in the market.

"Mergers would be subject to there remaining a minimum number of commercial media groups in the relevant regional and metropolitan markets. Four voices in regional markets and five in mainland state capitals," she said.

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Re: Where will TLS head???

Exert from today's SMH - Note her last referefence to "perhaps in other networks"

Telstra will very soon be on the aqusition trail. Any media with substantial reach will be a potential target.

SMH - 1 September 2005

"Obviously Telstra, along with every other dominant telecommunication provider in the world, is feeling some pressure because of declining revenues that are returned from its fixed line network.

"But it needs to be more competitive in other areas, in mobile delivery, in broadband and perhaps in other networks.
 
Re: Where will TLS head???

"Buy in Gloom"
Can Telstra get any gloomier?
New 52 week Low.
$4.59 today.
 
Re: Where will TLS head???

Telstra Corp Ltd has abandoned plans for a five bln aud share buyback to boost its share price ahead of the 51.8 pct Australian government-owned telecommunications group's full privatization, The Australian Financial Review reported, citing Telstra sources.



Uh Oh !!
 
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