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It's ex a 14c dividend today.
Its within a couple of cents of where it should be MrBurns.
14 cent dividend fully franked = 14 + (14x30%= 4.2) = 18.2 cents.
Each TLS share is worth 18.2 cents less than what they were worth on Friday
I think it's 14 / 0.7 = 20 cents. Which is exactly what it fell today. Cheers.Its within a couple of cents of where it should be MrBurns.
14 cent dividend fully franked = 14 + (14x30%= 4.2) = 18.2 cents.
Each TLS share is worth 18.2 cents less than what they were worth on Friday
I think it's 14 / 0.7 = 20 cents. Which is exactly what it fell today. Cheers.
Companies pay 30% of tax as you know. So 1 - 0.3 = 0.7. To get back to the gross figure you divide by 0.7.Why 0.7, as a famous politician once said "please explain"
Is that the accounting method ?
Companies pay 30% of tax as you know. So 1 - 0.3 = 0.7. To get back to the gross figure you divide by 0.7.
Hope this helps?
Yes, I've always just taken 30% of the actual div and added it
Just saw the end of the Ch 7 news where they were commenting on individual stocks, their comment on TLS was "and Telstra had a day they would like to forget".
Kochie will probably tell us that it is a bargain at these prices tomorrow
Couldn't be any worse than listening to guys like John Noonan from Thomson Reuters every morning on SKY Business.I'm sick of looking at his bald patch when he tries to simulate talking to the characters from comsec of a morning. He should stay at the desk and cross to the indicators rather than show them to us in a reduced format with him standing next to them looking like a boof head.
Couldn't be any worse than listening to guys like John Noonan from Thomson Reuters every morning on SKY Business.
Fantastic way of gauging sentiment though for traders... the "expert" guests love saying one thing then saying the opposite three weeks later (as if no one would remember). Maybe it's just me that notices.There was a bloke on Sky Business a few months ago who kept confusing return on equity. This went of for a few days. He was basically using dividend yield to explain why the banks weren't as profitable because "their return on equity is only about 7%".
Fantastic way of gauging sentiment though for traders... the "expert" guests love saying one thing then saying the opposite three weeks later (as if no one would remember). Maybe it's just me that notices.
I've noticed it. The short-termism on Sky Business is without equal. It will go from the "end of days" on Monday to raging bull market by Friday. It is entertainment though, afterall.
From their perspective though they have to talk about somehting. Same as the mainstream newspapers. You cant just say "it's quiet today and no data so lets come back tomorrow"
Well I just bought in, I think the price will waver up and down but keep crawling in an upward direction.
Telstra are almost a monopoly really and seems to be well run.
Finally, after the breakout of the resistance 3.6, the stock has recovered zone 4.
If he can keep this area, the next targets are about 4.35 and about 4.86.
View attachment 49490
Suspect you might be right, pessimism seems to have died away but we'll soon see.
Also interest rates might fall again so that would keep it moving up.
Well that was short lived, pessimisim is back.
But will TLS hold as it's a defensive stock or will it fall like the others ?
We'll see.
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