TLS 0.00% $3.82 telstra group limited

tls where to now

  1. 143 Posts.
    Interested in opinions where competing factors will take the stock over near furure;

    * stock price at all time low but most brokers are saying ACCC decisions will take stock to $3.20- $3.40 range in short term & stay there without some off-setting turn around in revenue growth prospects;

    * still the stock currently has a yield of 7.5%+ fully franked...no other top 100 is anywhere near that (dont think so??) & even if div drops to $0.20cps, still 5.6%;

    * dividend, goes ex 21/8 then share price will drop of course but by how much???;

    * T3 & Minchin meeting with Board today/tomorrow. Make no mistake GOV busting to get rid of TLS asap & TLS seem to want that too, up to a point.

    Unless GOV does some deal to get T3 done, expect ACCC to continue reducing TLS wholesale price/ share price, so near term price seems to depend on how desperate GOV & TLS are to get T3 up.

    ....so what do you reckon???
 
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9 337439 $3.82
 

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Price($) Vol. No.
$3.83 404931 5
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Last trade - 16.10pm 12/07/2024 (20 minute delay) ?
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