Teamtalk

[tinking]

Has anyone received an allocation for Teamtalk? I've been trying to get my hot little hands on some - but difficult as it's only an $8million listing.

A couple of the things I like about the company:

- superb dividend yield;

- dominant national market share.

A risk is that the technology becomes replaced by cellphones as cellphone coverage becomes better and cellphone use becomes cheaper.

Any thoughts?

[devito]

Sent my cheque and application to The registrar in Ashburton. Hasn't been cashed and don't like my chances. Talking to a guy who has worked for them for years. Even the employees were only offered 3000 shares each.

[BRICKS]

TeamTalk seems to have moved right along now $2.35 from a $1.75 start any views.. [8D]

[Lizard]

It was a nice IPO wasn't it? And has paid good divi's too. I sold mine at $2.40, but then I usually sell too soon. Will be interesting to see in the next set of accounts whether the launch of "push-to-talk" has had an effect on business. Also, they had six years of pre-paid expenses to Telecom which will eventually run out. Seem to be a good little business, but the business is a cash cow and they need a few new growth areas to take them any further.

[croesus]

13% Plus Div Yield.. announcement due Feb 14th.... low receding debt ( receding quicker then my hair)... huge free cash flow...niche market.. div could double in 18months when debt allgone... have I missed something ?
Croesus
P/S Put my hand up for those that sold today.