The characteristics of TLS have changed since its visit to 2.57 recently and the announcement that future fund holding was now down under 5%. It has become stronger and less of a dog. A tinge of bullishness.
It’s taking a long breather after a decent recovery from 2.57 but time is running out and it has to decide soon, up or down. It should go to at least to 2.94 for a start then test 3 again. That way it would have filled the trading gap between 2.94 to 2.81 created in February when it went ex-dividend. But the last few days trade where it added 1c per day from 2.83 to 84 to 85 was more that the All Ords tide was lifting all boats than any TLS strength action. Like a shy girl not quite ready, it did it but reluctantly and not yet convincingly. The desire must be stronger. What we need is a day soon where it closes up by at least 3-4c on volume above 60mil and a close above 2.85-86.
If you do a monthly candlestick plot of TLS you can see that TLS has gained nothing the past 5 months. The gains were only intra-month if any (up, then down). So there hasn’t been a month for a long time where it has closed higher than it has opened the month. I am betting April is going to be a month where this happens. It opened April at 2.82 and by the time April trading days are over, it should close higher than 2.82. And I’m betting there will be months ahead where gains are posted. TLS opened the year at 2.80 and will close the year higher than that to post the first positive year in a while. It must happen. We are not far from the year open now 2.80 vs. 2.85, so according to my theory, TLS has a lot of gaining to do and upside up to December 31st. I’m thinking this stock is on its way to 3.25.
Frank D's insights have been useful, although sometimes wrong way around or out by timing, his posts contained many elements that played out. If you’re out there Frank D and got a few moments.....let’s hear your analysis.
Happy Easter
Recent highs are getting higher and the lows are getting higher as well. TLS appears to be working upward breaking out of the downward channel of the last few years.
IMO tls will need more good news in the too-ing and fro-ing going on between tls, the accc and the federal parliament to maintain the upward momentum.
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A positive vote at the agm for the restructure of tls and sale of access to nbn co might provide the impetous needed. I wouldn't be surprised to see tls test $3.36 in the next 5-6 weeks. If the news is bad, look for another dip below $3.00.
Apparently a few brokers covering TLS changed their rating on TLS to a combination of "sell" or "hold", on valuation grounds.
Yeah, I've also heard a chorus of brokers chanting that the buy hold strategy of ‘yesteryear’ is over and that you really have to be managing and active with your protfollio!!
Really? what about dividends and capital raising baught into. I guess real wealth can be deceptive and hence illusive. Sidewise is third dimention!XAO is now at the same level it was in March 2005
What's the relevance of "underlying value" if it's not actually making you money?That's what longer termers tend to do as well as improving the value by topping up on big dips, capital raisings and reinvesting unfranked dividends,which is also not reflected in blanket charts that in reality do not reflect underlying value!
I see the dividend date for TLS is today 20th Feb - does that mean if i buy today I am entitled to the dividend or is it already ex dividend. i see the price has dropped today.
I think today is the ex-div date.
i.e. if you buy today you are NOT entitled to the dividend.
someone pls correct me if i'm wrong. Not 100% certain.
Structural Separation of Telstra:
Does anyone know what this means for TLS shares. Will they be split?
Price already been factoring in that TLS will get 11B and they free to use the 11B on how they wished..
war chest to kill off rival, paid more dividend, share buy back, debt repayment
up to Thodey and the board to deploy that capital.
I dont think they do a spin off like you see other business like fosters ....TLS just separate the wholesale from retail
so that whole sale can go to NBN...
I think a nice fully franked capital return for the long suffering shareholders would be the right thing to do.
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