Australian (ASX) Stock Market Forum

TLS - Telstra Corporation

I will only consider selling any of my TLS if the price reaches ~$8.40 which as I said in a previous post is a long way to go.

Bintang, what I am curious about is how your price target almost doubled from $4.95 in late Feb to $8.40 this week, on the basis of investing in less risky assets like you said?
 
... my average buy price was well below what I sold for ...

According to this thread (https://www.aussiestockforums.com/forums/showthread.php?t=26668) your average buy price must have been about 4.8 (120k/25000 shares). There hasn't been a dividend between now and then, so unless you sold earlier than when you posted I don't see how you can have made a profit :dunno:


**Puts mod hat on** Any further name calling or abusive posts (from anyone) will be removed and infracted. Please lets stick to the facts at hand and TLS
 
So what you're saying is that the >$100,000 of TLS you purchased on Apr 24 was simply the last in a collection of parcels purchased in greater size at lower price? Yet the realised profit was only enough to buy a small car? OK then...

Ferraris are small.

If you took as much notice of your own affairs as you do others you might do ok.

Your preoccupation with others posts, noting them from way back looking for inconsistencies equates to stalking.
 
Share market pseudo intellectual looking down your nose at others, a sure sign of your own inadequacy.

Yep. I probably wasn't breast feed enough as a baby. Thats the only possible reason you don't like what I was pointing out to you a week ago.
 
According to this thread (https://www.aussiestockforums.com/forums/showthread.php?t=26668) your average buy price must have been about 4.8 (120k/25000 shares). There hasn't been a dividend between now and then, so unless you sold earlier than when you posted I don't see how you can have made a profit :dunno:


**Puts mod hat on** Any further name calling or abusive posts (from anyone) will be removed and infracted. Please lets stick to the facts at hand and TLS

Look prawn I made a decent profit if you would like me to send over my trading statements PM me your email address.:rolleyes:

I'm not going into exactly how many I bought or when as obviously

1. it's no ones business and
2. there are stalkers in here.
 
Enough with the insults everyone, and back to discussing Telstra please. :banghead:
 
Bintang, what I am curious about is how your price target almost doubled from $4.95 in late Feb to $8.40 this week, on the basis of investing in less risky assets like you said?

Depends what you mean by price target? $4.95 is what I expected TLS might reach but I never said it was my target price for selling. (And I wasn't far off cause it got to $5.14 before starting its recent fall). I mentioned another price (different 'target' if you like) of around $4.50 above which I would not be a buyer. My average cost basis for TLS holdings is $3.16 per share. I started accumulating in 2010 and have not sold any. After the next dividend payout this coming September I will have earned $345,800 in cumulative dividends since March 2011. (This doesn't feel like underperformance to me but maybe I am just too conservative.)

The $8.40 is a recently calculated 'theoretical price' at which I might be prepared to sell based on the net proceeds I would have in hand after paying capital gains tax and what the prevailing best available term deposit rate might be such that after tax I could earn from the net sale proceeds the same amount in interest annually as I currently receive in fully franked dividends. As the RBA continues to lower interest rate this theoretical target price increases.
I am not saying that I believe TLS will get to $8.40 but I was inspired to think and post about it after seeing Ann's 'Cup and Handle' Chart.
 
I had bought earlier................. substantially.

Sorry I didn't post the details:rolleyes:

That's fine, you can see how I got confused. Seems a bit strange that you were still so indecisive to buy more after already holding a parcel but each to their own
 
That's fine, you can see how I got confused. Seems a bit strange that you were still so indecisive to buy more after already holding a parcel but each to their own

I wanted to go in deeper but was unsure, I did and lost a little on those but the earlier gains more than made up for it. Wasn't prepared to hold any longer because of asbestos and general funds leaving Australia......the decision to hold becomes very easy when you've been in there from historic lows.

Neighbours of mine bought WOW when they were $2, they don't care what the market does these days.
 
If anyone cares i reckon this week will be up based on a move back to highs. How far it gets will tell if we are now looking at lower highs rather than higher lows like we have had for some time. :2twocents
 
If anyone cares i reckon this week will be up based on a move back to highs. How far it gets will tell if we are now looking at lower highs rather than higher lows like we have had for some time. :2twocents

Thanks TH

Got out of my shorts today so will look at going long. Should retrace 50% or so of last movement down if nothing else if your right.

Cheers

dutchie
 
This thread is hilarious. I recommend anyone who is even remotely bored to go back and check out Bintang and MrBurns posts in chronological order, to see why the majority of investors underperform.
View attachment 52601
Post #1355 on 25 October 2012 is calling your chart a liar.

If this above statement is true (no proof offered by MrBurns), then either I cannot read English, or MrBurns was lying on Apr24 when he said he purchased over $100,000 in TLS shares, and lying again when he said he sold at 5% below the closing price on April 24. He certainly wasn't being truthful with himself when he said he was only interested in the dividend and holding for the long term.
If you're going to spend 10 minutes bashing someone. At least do it properly?
 
Post #1355 on 25 October 2012 is calling your chart a liar.

If you're going to spend 10 minutes bashing someone. At least do it properly?

Be careful every post you make is being logged and put aside for later abuse.:cautious:
 
This thread is hilarious. I recommend anyone who is even remotely bored to go back and check out Bintang and MrBurns posts in chronological order, to see why the majority of investors underperform

You really are a goose, my entry into TLS was in late October last year, subsequent buys are a different story, so your incorrect assumption ridden voyeuristic graph means nothing as my comments related to the entire holding not the part you knew about........you should watch yourself, calling people liars over the net is a cowardly thing to do and reflects on you more than you think.
 
Burnsie,

Is your intention with Telstra to be a short term trader or a long term investor ?
 
Top