Buy Telstra?

[- PC -]

As the price goes down down down I am considering buying 1000 shares in Telstra under the belief that the Government wont allow it to continue to slide much further before the ''mums and dads'' start causing him some grief.

I also believe( rightly or wrongly) that Sol is on his way out. If a decision is made on Sols future the market will feel more confident in Telstra and share price will rise.


Should I buy and when?

 

[Gets!]

Sol is staying.

 

[Deej]

I'm thinking of buying telstra too, AMP i kicked myself i didn't get into that when it was $5 not so long ago. Now it's $9 or something.

 

[Todman]

Where is the growth ?

 

[Bobby Beecroft]

Where is the growth ?

& with the 3rd selloff the market will be flooded with Telstra shares.
What will be their realistic subscription price?

 

[Financialpanther]

I would wait a couple of months after the 3rd issue as the price probably will go down. The share price for telstra will of course go up once their management have consolidated their governance.

 

[rooboy_88]

I would wait a couple of months after the 3rd issue as the price probably will go down. The share price for telstra will of course go up once their management have consolidated their governance.

I would think that it will go down further and that the government wont let it go down as they have there target to sell them at.

Once they sought out there mismanagement and implemented effective cost cutting measures, they should be on the right track.

Once they do privatise, there might be a dull period but when it has been properly implemented, the share price will just skyrocket like all the other GBE's that have been privatised (CBA). The best way in my opinion perthcrow is to let it privatise first than once further governance issues have been soughted out, it will just thrive.

The key is patience.

 

[Big Cox]

Avoid Telstra at all costs. Even if it does by some miracle go up you will only make a very small profit.

If ya want a tip I like Oilsearch, have for a while but they should have a good year.

 

[Qsaint]

Avoid Telstra at all costs. Even if it does by some miracle go up you will only make a very small profit.

.

Thats about it. The Govt's strangulation of this company by mountains of regulation means they will not grow or make much of a profit, ever.

 

[rooboy_88]

Thats about it. The Govt's strangulation of this company by mountains of regulation means they will not grow or make much of a profit, ever.

What about after its privatisation and further deregulation of the telecommunications industry.

 

[Qsaint]

What about after its privatisation and further deregulation of the telecommunications industry.

Telstra will still be the major infastructure company. All deregulation means is the ACCC will decide more access prices to Telstra. No one is building anything they are sucking the blood out of the major Australian player. If a company is going to invest 4 to 5 billion putting in a fibre to node network, you would think they would want to control the access price, telstra does and will not in any future be able to do that.

 

[Korn]

I wouldn't recommend a company to invest in which every aussie hates.

 

[rooboy_88]

they have upgraded there internet infrastructure

 

[bigdadymac]

Not sure if it will affect the share price, but got some info today that Telstra is releasing some kind of 4G mobile and will be streaming live foxtell on the phones, for a fee of course, this will be released within next week or 2..

 

[Lethal]

Not sure if it will affect the share price, but got some info today that Telstra is releasing some kind of 4G mobile and will be streaming live foxtell on the phones, for a fee of course, this will be released within next week or 2..

Was released today.

 

[Bojangles17]

What about after its privatisation and further deregulation of the telecommunications industry.

that puts even more pressure on monliths like telstra, favouring the interlopers that come along for the ride being able to capitalise on the massive capital investment Telstra puts into infrastructure at a fraction of the cost...No bloody wonder they are struggling to generate any earnmings growth

 

[Underdog]

I also believe( rightly or wrongly) that Sol is on his way out. If a decision is made on Sols future the market will feel more confident in Telstra and share price will rise.

Definitely staying. He is doing a good job. The reason profits were down last financial year was because more money then ever before was being invested into infrastructre which is highlighted by the mass Next G and ADSL2 rollouts.

 

[Jabso]

Telstra is just a crap stock. Another float doesn't make things better. No growth.
Buffet in all his time as an investor has only been involved in two public floats.