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Thread: TLS - Telstra

  1. #41
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    Quote Originally Posted by theace View Post
    Any pros or cons of buying TLS on the NZX vs ASX?
    No in terms of being able to use the franking credits.

  2. #42
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    Quote Originally Posted by theace View Post
    Any pros or cons of buying TLS on the NZX vs ASX?
    Exchange rate risk

  3. #43
    Member Onion's Avatar
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    Quote Originally Posted by Investor View Post
    Exchange rate risk
    Exchange rate risk exists irrespective of the exchange you trade through.

  4. #44
    always learning ... BlackPeter's Avatar
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    The only differences I can see are liquidity (much more volume going through on the ASX) and trading times ...

    All other things are equal - hey, it is the same share after all ;
    ----
    "Prediction is very difficult, especially about the future" (Niels Bohr)

  5. #45
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    Quote Originally Posted by BlackPeter View Post
    I guess as long as the current SP trend prevails - it can only get better (the dividend yield, this is ...) ;
    Thanks for that BP...and that is exactly why I don't own them !

  6. #46
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    I've been burned by Telstra. Only a small holding bought for yield quite a while back, and so yeh I've lost capital on this. Hard to understand the original decision now but at this point I've decided to bottom drawer it and get the yield I was happy with back then. I have however held back from doubling down as realistically it is hard to see how this monster will re-invigorate itself.
    For clarity, nothing I say is advice....

  7. #47
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    Quote Originally Posted by Onion View Post
    Exchange rate risk exists irrespective of the exchange you trade through.
    ....
    If you buy the shares in AUD, you are exposed to further exchange rate risk as you own shares in AUD. This should not of required an explanation. It is different to own them on the ASX & NZX because of this.

  8. #48
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    Quote Originally Posted by Investor View Post
    ....
    If you buy the shares in AUD, you are exposed to further exchange rate risk as you own shares in AUD. This should not of required an explanation. It is different to own them on the ASX & NZX because of this.
    The value on the nzx will fluctuate with exchange rate though. You experience the same exchange rate risk in a slightly different way. I.e. if you buy on the nzx and the nzd strengthens, all things being equal your shares lose value as the company is valued in aud.

  9. #49
    Legend peat's Avatar
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    For clarity, nothing I say is advice....

  10. #50
    Legend peat's Avatar
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    Its very difficult to have the faith that Penn is asking for when the numbers seem to just get worse and worse
    Attachment 10724
    For clarity, nothing I say is advice....

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