Tag: TLS

You are a major Australian company, the leader in your sector, in most investors’ portfolios, and a favourite of international investors because of your high credit rating, solid revenues and cash flows and big dividend yield (around a fat 5.5% compared with Commonwealth bond yields around 1.85% or bank deposits around 2% to 3% at best).

A steady final and full year dividend as well as the mooted capital management program costing $1.5 billion can’t hide the fact that Telstra (TLS) struggled in 2015-16, especially in the final six months as a series of system outages cost it dearly in terms of customer engagement and support.

Telstra reports its 2015-16 full year results on August 11 and top of the list will be the anticipated capital management program the company has promised using some of the surplus generated by the sale of most of its stake in Chinese online group, Autohome for $A2.1 billion.

Telstra has confirmed that it will use most of the profit from the sale of a 47.5% stake in Chinese car website Autohome on a capital management program later this year.

Telstra shares were pushed higher in yesterday’s weaker market after it did what many shareholders wanted it to do and revealed plans to return around $1.5 billion of the $2.1 billion return from the sale of the majority of its stake in Chinese online car retailer Autohome.

Telstra (TLS) shares rose more than 2% yesterday after the company told the market before trading started that it was abandoning its mobile phone proposed joint venture in the Philippines.

A few years ago with its rock steady, reliable 28 cents a share annual dividend, Telstra (TLS) was the key market indicator especially at interim and full year reporting time.

Telstra (TLS) shareholders received welcome news this morning with the telco giant revealing a boost to annual dividend after it revealed a solid profit for the year to June.

Investors will be disappointed with the failure of the Telstra (TLS) board to boost interim dividend to an expected 16 cents as the telco revealed a 20% plus surge in interim net profit to $2.08 billion.

Telstra (TLS) shares hit new ten year highs yesterday after its solid 2013-14 result.

More goodies from a major company reporting its June 30 results with Telstra (TLS) this morning boosting final dividend and announcing a $1 billion sharebuyback.

Telstra (TLS) has lifted its 2013-14 interim dividend to 14.5c a share, up a whole half a cent, on the figure for the past few years.

Good timing?

Telstra (TLS) shares joined the general rise yesterday as investors tried to anticipate a settling of the US budget and debt ceiling impasse.

In this low interest, yield hungry environment, only one thing matters for most investors in Telstra (TLS), and that’s the dividend. It’s again 28c for the financial year to June, but more importantly it could increase next year, with the interim announcement next February.

Suddenly the same analysts and ‘experts’ who have been negative on Telstra, are fans after the company reported a smaller than expected fall in earnings for the year to June 30; a result that included rising revenues and profits from mobile phones and telecoms.

Telstra, Australia’s largest Telco, has reported a 36% fall in first-half profit, maintained its high 14c a share and done a deal to get the NBN underway and the cash rolling in from Canberra.

Telstra says its board is concerned about the company’s ‘undervalued’ share price and intends to maintain its 28 Australian cent dividend for this year and next year, according to statements at Friday’s AGM in Melbourne.

It was O for Optimism day at Telstra’s investor day yesterday.

Telstra shares took the pounding we warned about last week yesterday in the wake of the indecisive election result and fears that the $11 billion NBN deal might be in danger.

Cash rich, profit poor might describe the plight of Telstra after yesterday’s 2010 earnings report and outlook.

Telstra has signed an $11 billion deal with the Federal Government’s National Broadband Network Co (NBN Co) that will set in train an Australia wide high speed broadband internet link.

So will the latest Telstra announcement make any difference?

Telstra shares touched a new low yesterday after the company released a letter to shareholders in which it raised more questions about its talks with the government over the National Broadband Network.

Telstra shares were sold off yesterday by more than 5% on a disappointing interim earnings release.

Telstra (TLS) has suffered a blow with the Federal Court ruling that the company has misled consumers about the coverage available on its Next G mobile network.

Telstra yesterday again surprised with an upgrade in earnings and performance, but will that be enough to save the company and its mostly American management from being criticised at the forthcoming annual meeting?

TELSTRA (TLS) rose today after upgrading its earnings guidance for the year as its transformation strategy continues to deliver strong results. The earnings upgrade was announced in conjunction with the company's six-hour investor update, held in Sydney today.

No matter how hard it is spun, a bad ball is a bad ball in cricket and it is usually punished.

Five bucks here we come? Any advance on five bucks?

Is Telstra about to pull one of those amazing rabbits from the earnings upgrade hat?