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TLS - Telstra Corporation

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Hi

Can someone please remind me....?

What is the current ruling about how the minimum number of calendar days that shares must be held for before the franking credits can be claimed?

And are those number of calendar days calculated back from the XD date?

As an example: Hypothetically if I was to buy TLS tomorrow and the XD date is around August 20 then my understanding is that I will not qualify for the franking credits...

Correct?

With thanks

Rick
 
Muschu said:
Hi

Can someone please remind me....?

What is the current ruling about how the minimum number of calendar days that shares must be held for before the franking credits can be claimed?

And are those number of calendar days calculated back from the XD date?

As an example: Hypothetically if I was to buy TLS tomorrow and the XD date is around August 20 then my understanding is that I will not qualify for the franking credits...

Correct?

With thanks

Rick
Click to expand...

45 days (plus the day of purchase and day of disposal) in total – doesn’t matter where the ex dividend date falls within the holding period.

There is a small holder exemption to the 45 day requirement if your total franking credits are less than 5K. (Exemption not applicable if holdings are held via a SMSF/trust /company)
 
craft said:
45 days (plus the day of purchase and day of disposal) in total – doesn’t matter where the ex dividend date falls within the holding period.

There is a small holder exemption to the 45 day requirement if your total franking credits are less than 5K. (Exemption not applicable if holdings are held via a SMSF/trust /company)
Click to expand...

Thanks Craft...This would be inside a SMSF in pension phase. So I gather I could, if I choose, buy tomorrow and hold for 45+ days, and still get the FF credits ??

Genuinely appreciate your comments. Many thanks. Anything extra welcome.


Best wishes

Rick ...

always learning.....
 
I remember them going into Asia previously and losing their money.
I also remember them buying Sausage Software and losing their money again.
Is this CEO more capable?
 
Knobby22 said:
I remember them going into Asia previously and losing their money.
I also remember them buying Sausage Software and losing their money again.
Is this CEO more capable?
Click to expand...

I think so, he's a winner and I think they may be about to take a big step up.
 
Knobby22 said:
I remember them going into Asia previously and losing their money.
I also remember them buying Sausage Software and losing their money again.
Is this CEO more capable?
Click to expand...

Yeah I certainly wouldn't be paying a premium based on some hypothesised Asian el Dorado. Comparing TLS to Apple is just plain dumb, I don't see people queuing up to buy the latest T-Box. Cloud computing, mobile internet and connecting devices is TLS's bread and butter, it's hardly revolutionary and it's not as though TLS will march into Asia with a government monopoly. Personally, I think you're mad to consider this a growth stock, yet. Handy dividend though and Thodey is a very competant CEO.
 
I cant see a lot standing in their way, it just needs to right man to take them to the next level and I think Thodey just might be the one to do it.
 
Thodey has been a very good CEO since taking over from Sol.

But credit should also go to Catherine Livingstone, who has been a very good chairperson for Telstra since Ms Livingstone took that role.

Ms Livingstone turned Cochlear into an international powerhouse and the combinatin of Ms Livingstone as chairperson and Thodey as CEO has been excellent for TLS.

I hold, partly because of Ms Livingstone's presence as chairperson.
 
McCoy Pauley said:
Thodey has been a very good CEO since taking over from Sol.
Click to expand...

And this is the thing. When Thodey took over TLS was a mess. It was battling the government (a battle you will never win) and had high customer dissatisfaction. What Thodey has really done is smooth things over with the government and sort out the NBN and improved the customer service experience. It was the low hanging fruit, and it's gone now. TLS at its heart is still an engineering company (and from what I understand, a pretty damn good one), changing that culture to be more customer focused won't happen over night and they won't enter any new markets with the natural advantage of incumbency. TLS basically needs to reinvent itself to pull off its Asian plan, it'll be more like IBM than Apple. Coincidentally, Thodey came from IBM.
 
Good post McLovin.
I didn't realise Thodey came from IBM.

The big strength Telstra has is their engineering. If they destroy this they will lose a big advantage over their competitors. The NBN is going to be big and Telstra can get a good slice of it if they are smart.
 
Knobby22 said:
Good post McLovin.
I didn't realise Thodey came from IBM.

The big strength Telstra has is their engineering. If they destroy this they will lose a big advantage over their competitors. The NBN is going to be big and Telstra can get a good slice of it if they are smart.
Click to expand...

I think they're smart enough and the market is running with it.:xyxthumbs
 
You'd think all this reviewing of the nbn would be putting a bit of a negative hit on TLS.
Is their 10b guaranteed?
They are talking about stringing it up on power lines which would mean they don't need TLS ducts.
 

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