TLS 0.28% $3.62 telstra group limited

solid footing, page-2

  1. 916 Posts.
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    Good comment reggierabbit. if there`s a bit of a slow slowdown in mining sales to china, TLS may get more data use by customers attempting to chase other new customers and other new business ventures to make up for what they are losing.
    Communications [data] have to be used to chase up new partners, new customers, old debts, etc.
    TLS look very defensive to me, only down 2c or 3c today in contrast to a large fall on the dow.
    I`m looking at $10,000 in dividends and franking for myself being announced in feb, and that's only a few days away, so what`s 2 or 3c a share matter.? its like a small wage coming in, as I`m of pension age..
    TLS have a few billion dollars coming to them from sales of unwanted companies, and they claim they have an iron clad written contract for about $11 billion for the NBN project.
    With the looming dividend I expect tls share price to go up.
    Considering the size of the TLS yield, coupled with the franking, its a lot better than what cash in the bank offers and then pay tax on the interest.
 
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