2kg of glossy paper? We got two and I had to carry them several hundred metres up a very steep drive. I wonder what it really says?
Printable View
2kg of glossy paper? We got two and I had to carry them several hundred metres up a very steep drive. I wonder what it really says?
J Gold That is what the documentation says (as MVT suggested )
J Gold record date for split is 7pm on 25/11/2011 Last Date to purchase shares entitled to the Chorus Shares is 22/11/2011. I hope these are the dates you want
Having read through the latest TLS half year result, I can't help but think Telecom here in NZ has made all the right decisions of late.
1/The Sensis directory division in Australia is hemorrhaging customers and revenue. TEL have jettisoned their yellow pages at a good price.
2/ Fixed network revenues are under huge pressure at Telstra. Telecom has neatly demerged their legacy network away into Chorus, and derisked themselves at one stroke.
3/ Mobile revenues at Telstra are booming with Vodaphone regarded as a small weak player. Can't say that that Vodaphone are weak here in NZ. But it does show they are vulnerable when the competition gets their act together. And Telecom can now focus all of their management resources on mobile.
I picked TEL in this years share competition more for momentum reasons (it was a top performer last year) rather than a really good fundamental story I could pin down. It does look like momentum will continue to work in this case.
SNOOPY
I would have expected a report, interim or whatever, to have been marked on the calendar by now. A dividend would be nice in March for this poor poverty stricken pensioner. Help to pay for the Australian holiday later this month.
Good summary Snoopy. I think history will look favourably back on Paul Reynolds' reign at Telecom and recognise that he made many good decisions in a very difficult business environment. Maybe history might even say he was worth all the money he was paid for his relatively brief stay !!
Discl; A relatively satisfied shareholder