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TLS - Telstra Corporation

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My wife who holds just under 1000 TLS shares yesterday received a letter from National Capital Corporation (NCC) of Loganholme Queensland offering $3.17 each for her TLS shares.

The offer says it pays 10% within 14 days and the balance of 90% within 26 weeks.

With TLS currently selling at between $2.70-$2.80 it seems like a good deal but I'm skeptical about the bona fides of the offer.

Telstra have warned about it on their website.

http://www.telstra.com.au/abouttels...ut-unsolicited-share-offers-asic-notified.xml

I don't know much about this company or how it would expect to make any money with this type of offer.

Has anyone else on ASF been approached by NCC?
 
YELNATS said:
I don't know much about this company or how it would expect to make any money with this type of offer.
Click to expand...

They pay your wife 10% up front for her shares, take those shares over to a margin loan where they can gear it up ~70% LVR. For the cost of $317 upfront they now have over $10,000 to trade with, assuming they get a lot of suckers it could add up to a large amount. I just made all of this up but it's plausible!

I can definitely see how long-suffering TLS holders would be soft targets for something like this.
 
They give you $317.00 for 10,000 shares you sign over the shares then they are sold on market at $2.75 each. Company goes into liquidation you take them to court for the rest off your money. Well thats my guess.:eek:
 
Ok.... but any news on the NBN deal by Christmas now? When can we expect it and how much do you guys think TLS would rise on a 14million deal and also recent news on TLS customers on the rise and gaining market share in the mobile and wireless internet market.
 
YELNATS said:
My wife who holds just under 1000 TLS shares yesterday received a letter from National Capital Corporation (NCC) of Loganholme Queensland offering $3.17 each for her TLS shares.

The offer says it pays 10% within 14 days and the balance of 90% within 26 weeks.

With TLS currently selling at between $2.70-$2.80 it seems like a good deal but I'm skeptical about the bona fides of the offer.

Telstra have warned about it on their website.

http://www.telstra.com.au/abouttels...ut-unsolicited-share-offers-asic-notified.xml

I don't know much about this company or how it would expect to make any money with this type of offer.

Has anyone else on ASF been approached by NCC?
Click to expand...

They are probably targeting people holding less than 1000 shares, looking for mums & dads that bought in T1.
 
I was thinking today would anyone think about jumping into Telstra shortly for a Feb Dividend + NBN hold play?

With a dividend payment likely at 14c coming next month and a NBN deal likely to be signed off by Mid 2011 could this be a good play to get on?

On a side note everytime I walk past my local (Townsville) Telstra shop I see about 30 customers in there (90% would be new business) all the time.. I recently terminated my Vodafail contract via the Ombudsman and signed a 24month plan with Telstra. Also, a work colleague just signed the same plan with a iPhone 4 and another mate is just signing up today. Vodafail is no longer a serious competitor in Australia due to their poor coverage/service and media coverage of late.

I wouldn't be surprised if Telstra had a bit of good news coming with their mobile services and bundles for their next report. I'll track this play from today with $20,000 @ today's price of $1.78. So I have on paper 11,235 shares... let's see how they go to May 2011.

Any thoughts?

PS: Future Fund just sold down a whole 1% today and the SP rose 1c....
 
I tend to agree Telstras numbers will be picking up and the bleed to N.B.N won't be as fast as was first predicted(N.B.N are having trouble getting up to speed with installs, suprise,suprise). However Telstra still need to do something about the number of shares on issue and need to get some money from the government to do it. They made a killing when they sold Telstra so giving a bit back shouldn't hurt.
The other point that is interesting is when Telstra applied for a flat connection fee the ACCC knocked them back as being counter competition now the N.B.N is going to charge a flat connection fee on the grounds it is the only way to make remote area connections viable. So if the N.B.N falls over will Telstra have grounds to re apply?
My gut feeling is there will be a compromise situation where the N.B.N covers the high density populated areas and Telstra retain their remote infrastructure and the government gives back some of the money they stole.
We certainly are at the crossroads, the next 12 months are certainly make or break.
Well that's my 2c worth . I do hold TLS
 
A good start to my $20,000 paper holding today (up 6c :)) and great market depth for the sellers which came off the back of no announcement or news.
 
BrightGreenGlow said:
A good start to my $20,000 paper holding today (up 6c :)) and great market depth for the sellers which came off the back of no announcement or news.
Click to expand...

I wouldn't celebrate any short term market fluctuations in your favour or you will be forced to mourn when the market fluctuates against you.

I prefer to take the stance that market fluctuations neither make me richer or poorer, only increases in the true value of my companies makes me richer or poorer, and this is true regardless of what the companies share price does after I have bought.
 
BrightGreenGlow said:
A good start to my $20,000 paper holding today (up 6c :)) and great market depth for the sellers which came off the back of no announcement or news.
Click to expand...

There was an article in the Fairfax papers regarding ongoing talks between Telstra and NBN without giving any detail away. There was also the announcement that the Future Fund has reduced their holding by another 1%.

The share price rallied touching $2.86 before being pushed back in the close. I wouldn't be surprised if the Future Fund took advantage of the price runup to unload a few more shares. The volume of turnover was up significantly on what it has been in the past week or so.
 
Tysonboss1 said:
I wouldn't celebrate any short term market fluctuations in your favour or you will be forced to mourn when the market fluctuates against you.

I prefer to take the stance that market fluctuations neither make me richer or poorer, only increases in the true value of my companies makes me richer or poorer, and this is true regardless of what the companies share price does after I have bought.
Click to expand...

Was only having a go at myself. The next few months will be very rocky as any TLS holder knows. Any good news is often hunted down and stabbed by the bad news.
 
A formal agreement with the NBN will, in my view, result in another spike in the share price to be followed by a slower decline.

The directors will need to be successful at more than managing a business in decline for sustained improvement in share price.
 
Agree with you drsmith, with 12.5 billion shares on issue you are not going to get decent earnings per share on selling products the same as everyone else. I was a bit surprised when Telstra didn't have a tilt at "10" before Packer and the rest. They certainly need to come up with a strategy, while cash flows are good and I DON'T think Trading Post was it.
Maybe they need to think outside the box like Wesfarmers and become a conglomerate rather than a single focus company. They at least have exposure to the whole country through their depots and exchanges, just need an avenue to capitalise on it. Who knows maybe tie up with Toll(trucking and logistics with state of the art communications and tracking). Maybe keep their copper infrastructure for dedicated use that doesn't compete with the n.b.n for example a national security network for home and business security alarm monitoring. Telstra could install a dedicated system at each exchange to send alarm messages to the nearest police station, just needs a bit of vision, I came up with this in 2 wines and 30 minutes.:eek:
While I can still edit.
Maybe give radio stations the ability to transmit from the Telstra repeaters so that travellers can pick up radio stations all over Australia not just in built up areas. The government might even pay extra for this facility then they could broadcast emergency messages in hard to reach areas, the government has seemed to have plenty of money to screw Telstra so this should be a pitance.
 
BrightGreenGlow said:
I recently terminated my Vodafail contract via the Ombudsman and signed a 24month plan with Telstra.
Click to expand...

Humm i'm also pissed at voda my area is jumping from full reception to no reception, was it hard terminating and did u get the termination fee which is the cost they incurred?

I'm thinking of joining telstra, since they would probally have the best reception, so sick of crap reception
 
Greedy_Kev said:
Humm i'm also pissed at voda my area is jumping from full reception to no reception, was it hard terminating and did u get the termination fee which is the cost they incurred?

I'm thinking of joining telstra, since they would probally have the best reception, so sick of crap reception
Click to expand...

No fees at all because Vodafail was breaching the contract terms. Ring the TIO or check the ombudsman website. Vodafone will then ring you and then you ask for a termination. You must call voda first before lodging a complaint to the TIO. Within 2 weeks you should be done with them.
 
sptrawler said:
Agree with you drsmith, with 12.5 billion shares on issue you are not going to get decent earnings per share on selling products the same as everyone else. I was a bit surprised when Telstra didn't have a tilt at "10" before Packer and the rest. They certainly need to come up with a strategy, while cash flows are good and I DON'T think Trading Post was it.
Maybe they need to think outside the box like Wesfarmers and become a conglomerate rather than a single focus company. They at least have exposure to the whole country through their depots and exchanges, just need an avenue to capitalise on it. Who knows maybe tie up with Toll(trucking and logistics with state of the art communications and tracking). Maybe keep their copper infrastructure for dedicated use that doesn't compete with the n.b.n for example a national security network for home and business security alarm monitoring. Telstra could install a dedicated system at each exchange to send alarm messages to the nearest police station, just needs a bit of vision, I came up with this in 2 wines and 30 minutes.:eek:
While I can still edit.
Maybe give radio stations the ability to transmit from the Telstra repeaters so that travellers can pick up radio stations all over Australia not just in built up areas. The government might even pay extra for this facility then they could broadcast emergency messages in hard to reach areas, the government has seemed to have plenty of money to screw Telstra so this should be a pitance.
Click to expand...

I don't claim to know much about this industry. All I know is in the past few months Telstra service has beaten off competition and actually won market share. There is big money in mobile device communication and I also know Telstra is the only option.
 

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