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rymndchn
25-10-2006, 12:24 AM
I've had a look at the Telstra T3 offer and it looks interesting. However, it seems New Zealand investors will be charged an extra 10c per share as well as not having any rights to the bonus share scheme (compared to Australian investors)

So... would anybody recommend getting some shares in the share offering or is it better to wait until they list and buy the shares on market?
kura
25-10-2006, 12:14 PM
Nope, got my copy of T3 in mail yesterday, and deceided to leave the chequebook untouched.
BRICKS
25-10-2006, 12:44 PM
rymndchn junior member forget TLS and concentrate on NZ SHARES.. [8D]
troyvdh
25-10-2006, 06:58 PM
bricks....thats a bit harsh.rymndchn could have perhaps have used an existing threads perhaps but given the exposure that this is having in nz its a fair query me thinks.
Ive been overseas for a bit and am trying to decide what to do.me thinks that it s probably a good deal or rather the boffins behind it will have ensured to a point it aint going to be a dog like t2.or perhaps that is wishful thinking on my part.

go smm.
BRICKS
26-10-2006, 09:56 AM
troyvdh member forget TLS and concentrate on NZ SHARES.. [8D]
waikare
26-10-2006, 08:29 PM
Interesting............ So far Rymndehn has asked the question, to buy or not to buy, Kura is saving on his bank fees, Bricks is backing "Buy NZ Campaign" and Troyvhd thinks its probably a goer.

Not a great deal of advise to work with is there.
moe
26-10-2006, 10:10 PM
theres are thread someone on the ASX forum with a bit more insight about the T3 offer.
Lawso
27-10-2006, 09:24 AM
quote:posted by rymndchn
. . . it seems New Zealand investors will be charged an extra 10c per share as well as not having any rights to the bonus share scheme (compared to Australian investors)
No one seems to have explained why NZers are charged this extra 10c. And you have to pay in Oz dollars, which means paying for a bank cheque if you don't have a bank a/c over there.
In all, I figure each T3 share will cost around NZD2.50. It might make more sense to wait for the float and buy on market, ifor those who really want to buy [more?] TLS.
kura
27-10-2006, 09:51 AM
quote:Originally posted by Lawso


quote:posted by rymndchn
. . . it seems New Zealand investors will be charged an extra 10c per share as well as not having any rights to the bonus share scheme (compared to Australian investors)
No one seems to have explained why NZers are charged this extra 10c. And you have to pay in Oz dollars, which means paying for a bank cheque if you don't have a bank a/c over there.
In all, I figure each T3 share will cost around NZD2.50. It might make more sense to wait for the float and buy on market, ifor those who really want to buy [more?] TLS.

As vendor is the OZ govt, I suppose they are entitled to favour their residents over NZ (NB: All institutions also have to pay the extra 10 cents, and also miss out on bonus shares) These two features were only made available to retail investors who reside in OZ. (Govt politicians wanting to earn some points/votes for giving the average Joe public a better deal than anyone else gets.

After reading prospectus, not only have I decided not to participate in T3, but I have also decided to dispose of my existing TLS holding. Too much regulatory uncertainty for me, yes dividend seems attractive, untill you realise dividend isn't even fully covered by earnings. The cynic in me also wonders if TLS price has been supported somehow to manage the T3 sale process.
Paper Tiger
27-10-2006, 05:12 PM
SO we have 2 T3 threads with this the first and established one.
Just about any broker I have ever had the misfortune to give my email address to has contacted me already. OK so they have to shift a serious amount of scrip with this one so perhaps that explains the state of my inbox but you wonder whether supply is going to exceed demand.
rymndchn
27-10-2006, 09:12 PM
After reading more of the prospectus, I agree with some of the above posters in that Telstra seems to be facing a lot of regulatory concerns. However, the final price is based on the one set in the institutional offer so maybe the final price will end up quite low due to the risks?
Lawso
18-01-2007, 08:14 AM
Telstra and T3 keep powering ahead:) TLS hit 500 on the NZX yesterday and TLSCC 335,

Spooked by all the negativity on ST, I applied for only 3000 of the TLSCC - about half of what I first intended to buy. With the exchange and bank charges, they cost me 244cps. Now I'm looking at a 91c paper profit in two months.

I'd be interested to hear what the naysayers, such as respected guru Paper Tiger , have to say about T3 since its listing.
Lawso
18-01-2007, 08:15 AM
Telstra and T3 keep powering ahead:) TLS hit 500 on the NZX yesterday and TLSCC 335,

Spooked by all the negativity on ST, I applied for only 3000 of the TLSCC - about half of what I first intended to buy. With the exchange and bank charges, they cost me 244cps. Now I'm looking at a 91c paper profit in two months.

I'd be interested to hear what the naysayers, such as respected guru Paper Tiger , have to say about T3 since its listing.
troyvdh
01-02-2007, 02:06 PM
T3 appear to be a doing well.
I would be interested if Phaedrus,Bambi consider TLS as a buy.As someone who usually focuses on the fundamentals I am somewhat confused at the moment.
waikare
15-05-2008, 04:55 PM
Payment for TLSCC (Telstra Receipts) is due by the end of the month, what are best / cheapest our options in regard to making payment in Aust. dollars.
dragonz
13-03-2009, 11:00 AM
When is the record date for divie?
ananda77
21-08-2009, 04:39 PM
Future Fund flogs Telstra
http://www.theaustralian.news.com.au/business/story/0,,25959541-643,00.html?from=marketwatch_rss

'Overnight $2.37B worth of Telstra shares were bought from the Future Fund weighing on the ASX200 Index as funds look to raise cash to cover. Telstra (TLS) is down 2.5% to $3.56'

...think this is an excellent opportunity to buy the shares in a defensive stock at a depressed price especially with the company going ex dividend Monday 24th

Kind Regards
buns
01-10-2010, 09:06 AM
That Aus roll out will be Fibre, which will be NBN owned and not Telstra - so when that is all done and in the home, Telstra's current (and perfectly good for another 5-10+ years) copper network will slowly erode away..

Still trackers - this is now an all time low, 15% div with the exec stating this WONT change in FY11.
Skol
09-12-2011, 07:34 AM
Including DY up 26% in the last year. Probably more in it yet, got a good assessment in the AFR the other day.
Snoopy
13-12-2011, 04:43 PM
Including DY up 26% in the last year. Probably more in it yet, got a good assessment in the AFR the other day.


..but maybe a better or at least more timely assessment by me here, way back on September 2nd, when the share price was $A3-

http://www.sharetrader.co.nz/showthread.php?1783-TEL-v-TLS&p=356007&viewfull=1#post356007

I always find it more satisfactory to dig out the value of an investment before the price runs up, don't you?

SNOOPY

discl: hold TLS