it bothers me how politics come into play so much in this TLS...

it bothers me how politics come into play so much in this TLS forum. I know it has a lot to do with TLS SP, but people's posts are so long and boring!!!

I got in at 2.65 for the following reasons;

1. 14% divi that was guarenteed for 2 years
2. NBN will be a winner for TLS whether it goes ahead or not. Leasing conduits out is ongoing money for nothing. Screwing the government if it pulls out is also money for nothing.
3. The Future Fund is no longer a major share holder. The government no longer controls (except through regulation) the fate of TLS.
4. TLS offers good quality service that businesses love. They may be too expensive for individuals who can put up with poor quality services.
5. Foxtel is a winner. It may become less valuable when online TV increases, but that's a few years away.
6. Selling Sensis may be on the table soon. This will allow TLS to focus on what it's good at. Also give us a cash injection. Maybe a special divi? I wouldn't mind 20% in divi in a year.
7. TLS is undervalued. Do the number crunching. It is selling for less than it is worth. I think its true value lies somewhere in the 3.60-3.70 range.

Good luck everyone. DYOR.