Spark (TEL)

**craic** · 10-04-2014, 02:20 PM

Look at the markets - it's not just TEL everything else is jumping - everything worhtwhile, that is. Go to the threads on NZX and you will find there are loads of wishful thinkers on a variety os slow moving stocks that might move next year or the year after - there are even otherwise intelligent people around who believe that Labour will win the next election.

**freddagg** · 10-04-2014, 04:52 PM

If your nerves are that twitchy for action suggest you take a trip to the Casino and burn some money to settle you down.[/QUOTE]

Couta has been getting plenty of excitement at the XRO casino

**couta1** · 10-04-2014, 04:58 PM

Originally Posted by BIRMANBOY

Been there, done that...didn't help!! (sorry couta, couldn't resist

.

Yeah BB that was the Casino Chorus,or was that the Casino Diligent or Xro or Snakk, actually ive visited so many of them ive forgotton which was which,MVT ive read the news alright,more aspiations and hope than news,actually i got the latest divvy on this stock then sold to buy Genesis and will buy in again when its back down under $2.50,sometime over the next couple of months

**Major von Tempsky** · 11-04-2014, 01:13 PM

At the mo you're wrong Craic - TEL continues to go up while the others go down.... :-)

**couta1** · 11-04-2014, 01:36 PM

Originally Posted by Major von Tempsky

At the mo you're wrong Craic - TEL continues to go up while the others go down.... :-)

Probably being seen as a hedge fund but at these prices and a yield of 6% there's nothing special here at the moment that can't be bettered by certain bonds and property companies like Argosy etc

**Bobdn** · 11-04-2014, 02:03 PM

Are you guys in the DRP? I am and have been for years. All the reinvestments were at a lower price than today's $2.63. I find that so satisfying.

**craic** · 11-04-2014, 04:44 PM

Originally Posted by Major von Tempsky

At the mo you're wrong Craic - TEL continues to go up while the others go down.... :-)

Don't speak too soon look again on monday week if not earlier. I confess that I have jumped the wrong way a couple of times in the past month to my cost. But never mind, I will recover one grand after the elections and if I do as well on the horses tomorrow as I did last saturday I will be happy.

**Bobdn** · 15-04-2014, 03:46 PM

I never owned a company with a P/E greater than 20. Until today.

**craic** · 15-04-2014, 05:09 PM

I will be happy if the price doubles and the P/E goes over 40. My motive is profit. I have an equation that I devised to assess new investments and 20 or greater was a bottom score.
P

**Bobdn** · 15-04-2014, 05:34 PM

[QUOTE=craic;474707]I will be happy if the price doubles and the P/E goes over 40. My motive is profit. I have an equation that I devised to assess new investments and 20 or greater was a bottom score.
P[/QUOTE

Here's hoping. We're approaching a 52 week high. Hope it stays up on Thursday - will give me an excuse to treat myself over the long weekend.

**BIRMANBOY** · 15-04-2014, 05:48 PM

Holding shares generally is more productive if you allow yourself a slightly longer timeline

..... however if you need an excuse to treat yourself ..feel free. Personally I would have a bob each way...stays up ..celebrate...goes down...console yourself with a treat anyway. Always useful to look at long term charts to get an overview..very few stocks behave as we want ...bugger eh?

Quoted by Bobdn.
Here's hoping. We're approaching a 52 week high. Hope it stays up on Thursday - will give me an excuse to treat myself over the long weekend.[/QUOTE]

**Bobdn** · 15-04-2014, 08:31 PM

Originally Posted by BIRMANBOY

Holding shares generally is more productive if you allow yourself a slightly longer timeline

..... however if you need an excuse to treat yourself ..feel free. Personally I would have a bob each way...stays up ..celebrate...goes down...console yourself with a treat anyway. Always useful to look at long term charts to get an overview..very few stocks behave as we want ...bugger eh?

Quoted by Bobdn.
Here's hoping. We're approaching a 52 week high. Hope it stays up on Thursday - will give me an excuse to treat myself over the long weekend.

[/QUOTE]

Agree with you 100% Birdman. I'm too addicted to the DRP to seriously consider selling.

**Major von Tempsky** · 16-04-2014, 09:54 AM

No regrets yet Couta? ;-)

**couta1** · 16-04-2014, 10:17 AM

Originally Posted by Major von Tempsky

No regrets yet Couta? ;-)

Some but I had to sell something to buy Genesis and all my techs were in the red otherwise I would have sold some of them,however I won't be buying back in at these levels as its dividend yield is now below some bonds currently available by a reasonable amount.