TLS 0.13% $3.86 telstra group limited

performance after announcement, page-9

  1. 3,808 Posts.
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    Let's be honest, $2.50 may be a possibility, all it would take was for Labour to change thier mind on the deal and let's face it they didn't hesitate to depose the most popular prime minister for decades because of a few bad opinion poles.
    Having said that any pullback is purely a buying opportunity, a 14c fully franked dividend is the worst case scenario going forward, they are a cash factory.
    Fixed line revenue has been dropping for years although all other parts of there business have been booming.

    Not sure how to play this one over the next few weeks althoughi will continue to hold in my super fund.
    If there is a pullback i'll load to the hilt via cfd.

    Long term current prices are a magnificent entry point imho, the yield is just to good to be true, even the directors have started buying this one so obviously the road ahead is looking good, remember Sol said he wouldn't recommend TLS to his mother so sentiment internally has definitely improved!
 
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