TLSCA - T3 Telstra float ups and downs

[Kauri]

Re: TLS - T3 Telstra float ups and downs

Hadn't you seen a Minchin upturn before

Time to fess up. it was actually a Minchinbury upturn :alcohol:

 

[RichKid]

Re: TLS - T3 Telstra float ups and downs

Hadn't you seen a "Minchin Upturn" before?

lol, that's a classic, nice chart too there kauri!!

Here's a view on the recent price behaviour of TLS from the SMH, basically a hindsight view of how the sale was structured and its effects: http://www.smh.com.au/news/business...bear-trap-in-t3/2006/11/10/1162661896756.html

 

[trading_rookie]

Re: TLSCA- T3 Telstra float ups and downs

In re: to a hypothetical question posed earlier, is it possible for the T3 instalment receipt to actually get to $4.25 while TLS slumps around $3.60? I don't mean overnight but say in the 18 month period bf the 2nd instalment is due.

If it is possible, how would it affect TLS absorbing T3? Would the price of TLS go up or are unlucky T3 holders sorry for not selling up bf the 18 month deadline.

 

[Warren Buffet II]

Well TLSCA,

Do not read if you threw your prospect to the bin

TLSCA, you are a winner 25% in 3/4 weeks and keep going strong.

I knew this float was going to work pretty good as the goverment pretty much gave away its shares for the sake of getting out of there. Telstra share book is currently $2.10 and we got TLSCA for $2 (I know $1.6 is still to be paid) but the point is that Telstra is a monopoly and I am sure profit upgrades will come soon.

WBII

 

[TheRage]

Well TLSCA,

Do not read if you threw your prospect to the bin

TLSCA, you are a winner 25% in 3/4 weeks and keep going strong.

I knew this float was going to work pretty good as the goverment pretty much gave away its shares for the sake of getting out of there. Telstra share book is currently $2.10 and we got TLSCA for $2 (I know $1.6 is still to be paid) but the point is that Telstra is a monopoly and I am sure profit upgrades will come soon.

WBII

I wonder how long this will last. Increase in Sp is due to oversubscription of T3 it has nothing to do with inherrant undervaluation in Telstra. Every man and his dog jumped into this just to get a 14% dividend yield. I don't disagree that Telstra is a monopoly but as to profit upgrades I am not holding my breathe. There are many hurdles to overcome before this will hapen. Good luck with T3.

 

[Ken]

How far can T3 go before the instutions pull the pin. or is it that fund manager are still underweight in them with the view resources are peaking in a couple of years.

I have them on my margin loan, but i am not borrowing against it with the view of it popping.

I would still be satisified if they drop to $2.20 as I bought them for the dividend and the free shares in 18 months.

100,000 australians subscribed to T3 i have read.

I am glad to be one.

Need to decide whether I stick with them.

Couldnt see them going much past $2.30 now they are over $2.50. Not counting the chickens just yet though. cant see it lasting.

 

[YELNATS]

Well TLSCA,

Do not read if you threw your prospect to the bin

TLSCA, you are a winner 25% in 3/4 weeks and keep going strong.

I knew this float was going to work pretty good as the goverment pretty much gave away its shares for the sake of getting out of there. Telstra share book is currently $2.10 and we got TLSCA for $2 (I know $1.6 is still to be paid) but the point is that Telstra is a monopoly and I am sure profit upgrades will come soon.

WBII

I said previously on this thread that I threw my T3 prospectus in the bin, like many others did. But on seceond thoughts I retrieved it and subscribed, and I am jolly glad I did. Go T3 go. regards YN.

 

[Ken]

If you buy TLSCA do you still get the free shares after the 18months?

Or do you have to have held them from the start?

 

[Warren Buffet II]

If you buy TLSCA do you still get the free shares after the 18months?

Or do you have to have held them from the start?

Hi Ken,

The only way of getting the free shares is to buy them in the float and keep them for 18 months. That means that anyone buying now is not going to get them and the most important one is that anyone selling now will give away that money which at current prices is for a 5000 lot = 200 free shares, 200 X $4 = $800.

The goverment was very smart with this float and people were only thinking about the didvs = 14% but the free shares are around another 4% return @ $2. Plus I said before anyone selling now is giving back to the goverment those free shares.

WBII

 

[Noskcid]

I also threw mine in the bin but luckily I had a second thought and pick it back out

 

[bigdog]

SP has realy dropped today down 17 cents

TLSCA $2.94 -$0.17 -5.47% 29,412,013 shares $79,057,593
26-Feb 10:43:40

TLS $4.37 -0.170 -3.74%

 

[nomore4s]

I think it went ex d/e today

 

[Warren Buffet II]

SP has realy dropped today down 17 cents

TLSCA $2.94 -$0.17 -5.47% 29,412,013 shares $79,057,593
26-Feb 10:43:40

TLS $4.37 -0.170 -3.74%

Yes, Ex-Didvs today. It should drop around .182 cents. So it closed @3.11 Friday, it should be @ around 2.92-2.93 today.

WBII

 

[Gurgler]

Excuse my ignorance, but with the purchase price of this stock set at $3.60 ($2 paid + $1.60 still due), will people see this as a 'glass ceiling'; i.e should we expect significant resistance at that level?

 

[Bazmate]

TLS at $4.87, TLSCA at $3.41 with $1.60 left to pay (total $5.01).

The difference is the time value of the $1.60. ie. as a shareholder you can still use that $1.60 to earn income until the pay day. There is also the extra shares to be paid for those holding TLSCA from the float, this would have the effect of limiting sellers probably pushing the price of TLSCA up a touch.

Therefore, if TLS share price rises then TLSCA will move up by the same dollars and cents amount and if TLS drops so will TLSCA..... no glass ceiling.

cheers
Baz

 

[Noskcid]

TLS at $4.87, TLSCA at $3.41 with $1.60 left to pay (total $5.01).

The difference is the time value of the $1.60. ie. as a shareholder you can still use that $1.60 to earn income until the pay day. There is also the extra shares to be paid for those holding TLSCA from the float, this would have the effect of limiting sellers probably pushing the price of TLSCA up a touch.

Therefore, if TLS share price rises then TLSCA will move up by the same dollars and cents amount and if TLS drops so will TLSCA..... no glass ceiling.

cheers
Baz

Im actually free holding TLSCA now so either way im good, but just out of curiosity

So the $1.60 is on top of what the price is now?? I thought it was included hence for example, $2.00 + $1.60 = $3.60 which is still a loss of .29c for the current sp at $3.41 or did I miss something, and the price will be $5.01 then???

But yes there's from memory 1 share per 25 holdings and still a div payment to come.

 

[Bazmate]

As I understand it, we'll get a bill for $1.60 for each TLSCA option in about a years time to convert them into TLS shares.

Baz

Disclaimer: Not a financial adviser... blah blah... DYOR... blah blah... all care but no responsibility...

 

[Noskcid]

As I understand it, we'll get a bill for $1.60 for each TLSCA option in about a years time to convert them into TLS shares.

Baz

Disclaimer: Not a financial adviser... blah blah... DYOR... blah blah... all care but no responsibility...

Yeah thats my understandign too, but u where mentioning it equates to $5.01 due the the $1.60 payment, my understanding there is that, the payment doesn't add to the sp, it it will cause movements but not a $1.60 increase.

Im not sure if I miss understood you there, but would be good if you could explain a bit further.

 

[X888]

What are you opinions next year ?

Would you say the share price would go up or down when we have to pay the rest next year?

 

[Ken]

I dont think it matters i bought for the dividend.


Yield will be an important factor in years to comes.