VTL - Vital Telecommunications (formerly Team Talk)

[Joshuatree]

"own individual cell phone towers" perched on their heads like an umbrella hat hence the "mobile". Custom made weka finder as well as a Crayfisher spotter and Imposter detectors. Maybe it will give Teamtalk exp to do many other Island communities like Raoul Island.

[BIRMANBOY]

Exactly..should boost the island economy ten fold....there will be surges in production of weka wedges, crayfish cream pies and Chateau Mouton bird sparkling wine. They may even make enough to pay the monthly broadband bill. You got me on the imposters though. Chathams could be the new Waiheke. I have a decent chunk in Team Talk so am hoping for the best regardless. Price has been declining for a while but have a good feeling that it will climb back soon. Seem to be smart operators.

"own individual cell phone towers" perched on their heads like an umbrella hat hence the "mobile". Custom made weka finder as well as a Crayfisher spotter and Imposter detectors. Maybe it will give Teamtalk exp to do many other Island communities like Raoul Island.

[BlackPeter]

Population re 640 in 2011

True - and playing to TeamTalks strenghts - being the best little communication provider. I don't think they ever contemplated to take the big boys heads on in the urban areas.

If you look at New Zealand's population distribution (from memory - give or take a couple of percent): roughly 90% of the people live in the 10% of the country with reasonable communication services (i.e. broadband and cellphone connections). The remaining 10% live in the 90% of the land which has still quite pathetic service. The Chathams are part of these 90% in need for improvement. The funny thing is as well that much (might be most, but not sure) of the New Zealand revenue is originating from the 90% of the land which have poor communication connections (farming, tourism, mining). For sure, there must be a business case for a company specialising itself in connecting the "cash cows" of the land to the rest of the world. The Chathams are just the beginning

discl: holding

[couta1]

Not just tech stocks suffering,this stock is equal with Diligent as my worst paper loss company at 40% down from purchase price currently,at least it pays a dividend albeit a reduced one in the future

[BlackPeter]

Not just tech stocks suffering,this stock is equal with Diligent as my worst paper loss company at 40% down from purchase price currently,at least it pays a dividend albeit a reduced one in the future

as always timing is everything ... but I bought in too early as well (though not that early ... just 19% down so far - blame my lack of TA skills - it looked at that stage all upwards from 2.15). Anyway - still feels like a good company with a solid business proposition in a reasonably sized niche of the market. Holding without too many concerns ...

[BIRMANBOY]

If you look at 10 year chart SP has gone as low as 1.80 and as high as 2.80 ...(if you take out present weakness and exclude the 'out of character" surge from late 2012 to late 2013) The point at which the price seems most comfortable is in the 2.10 to 2.20 range. My opinion is obviously subjective but I see this current weakness as good buying opportunity and as much as "averaging down" is seen by some as a cardinal sin and evidential proof of a lack of true knowledge, I have been buying as and when I can. The drop in dividend may be causing some weakness because this stock has always "sold itself" on its consistent dividends, however its still a good return on money as I see it. Run by experienced and capable people and this should ensure some resurrection soon.

as always timing is everything ... but I bought in too early as well (though not that early ... just 19% down so far - blame my lack of TA skills - it looked at that stage all upwards from 2.15). Anyway - still feels like a good company with a solid business proposition in a reasonably sized niche of the market. Holding without too many concerns ...

[BlackPeter]

Looking at charts and depth: Quite consistent downtrend with low volume of bidders. Hitting the bottom of the Bollinger band, but not enough volume for a likely bounce back quite yet. Might shape into another down wave before the share price starts to stabilize.

On the other hand - looking at fundamentals this stock starts to look quite attractive: Expected P/E: 11.2, long term P/E: 8.9 and (though lower than previously) quite healthy dividends.

Haven't yet figured out whether the recent Chorus announcement makes a difference for TTK ... in a way they are competing (though on a smaller scale). However a healthy backbone network provider is probably good for everybody in the industry.

Discl: holding and thinking about topping up, but probably waiting for the downtrend to break (though there is unlikely to be lots of volume around the bottom ...). DYOR;

Thoughts?

[bung5]

$1.50 buy ?

[BlackPeter]

$1.50 buy ?

Not sure I'd expect them to drop that far, unless there is something the market does not know yet ...

[BIRMANBOY]

The sellers don't seem very committed to holding their price...so its definitely a buyers market at the moment. Not a lot of good news (or any news) so SP trickling down. Depth weakness in buyers means its a slippery slope. Dividend % is great however even at the reduced 15 cents.

Not sure I'd expect them to drop that far, unless there is something the market does not know yet ...