TLS 1.31% $3.88 telstra group limited

Bought a bundle of TLS today at 4.74. U/Bidder at 4.73Why is it...

  1. 192 Posts.
    Bought a bundle of TLS today at 4.74. U/Bidder at 4.73

    Why is it cheap? 17th of March you get a 15c dividend and its currently oversold in my opinion so its a good time to get set. Also Australian dollar is 78.5 US cents.

    Companies exporting and dealing in U.S currencies are bleeding, interest rates should go up .25% in early March which may push the Aussie dollar higher and Telstra's earnings are largely in Aussie dollars making it a clear alternative as peopl jump from other stocks that are exposed to the stronger Aussie dollar. (In my humble opinion).
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    Telstra dials up half year flagfall

    Telstra today announced a solid half-year result with 1.8% domestic revenue growth, 5.7% underlying net profit after tax growth and strong cash flows. The company said that the reported net profit increased by $1.1 billion to $2.3 billion, up 93.7% as compared with the same period last year in which the non cash writedown of the group’s investment in Reach occurred. Shares in the Aussie carrier were down 7c at $4.75
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Last
$3.88
Change
0.050(1.31%)
Mkt cap ! $44.83B
Open High Low Value Volume
$3.85 $3.89 $3.85 $87.75M 22.63M

Buyers (Bids)

No. Vol. Price($)
16 288046 $3.87
 

Sellers (Offers)

Price($) Vol. No.
$3.88 626236 4
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Last trade - 16.10pm 17/07/2024 (20 minute delay) ?
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