The 14/07 represents the formula for calculating the div plus franking. The div is fully franked at 30% paying $0.14. Divide $0.14 by .70 (70%) = .02 and multiply by 10 (100%) = $0.20c.
"Speak softly, but carry a big stick". Theodore Roosevelt.
Yes, I've always just taken 30% of the actual div and added it
Just saw the end of the Ch 7 news where they were commenting on individual stocks, their comment on TLS was "and Telstra had a day they would like to forget".
Kochie will probably tell us that it is a bargain at these prices tomorrow![]()
Si Hoc Legere Scis Nimium Eruditionis Habes
I'm sick of looking at his bald patch when he tries to simulate talking to the characters from comsec of a morning. He should stay at the desk and cross to the indicators rather than show them to us in a reduced format with him standing next to them looking like a boof head.
"Speak softly, but carry a big stick". Theodore Roosevelt.
The same silliness applies prior to every time the Reserve Bank is about to meet to pronounce on interest rates.
For days before, we have every insignificant economist in Australia hitting the airwaves with their opinions about what the decision will be and why. At least it's funny when when 95% of them get it wrong.![]()
Telstra set to buy Adam Internet which is an SA mainstay in the IT area with great internet, service and data centres. Telstra planning to operate it as stand-alone but im sure some Adam customers wont be happy.
Deal needs ACCC approval
Well I just bought in, I think the price will waver up and down but keep crawling in an upward direction.
Telstra are almost a monopoly really and seems to be well run.
My way of trading TLS (and similiar stocks) is via instalment warrants, usually after it goes ex and then either hold and collect the next dividend or ride the run up to just before the next dividend, sell and then re-enter after it goes ex.
The advantage with the warrants on TLS is that you get just over 2x div for same dollar cost as one underlying share, same calcs apply to value increase minus decay.
I am currently long on TLSIOI as of 21st Aug. Just another way of extracting some $$ from a slow but steadily moving stock.
http://www.tradingroom.com.au/apps/q...de=TLSIOI#tabs
Si Hoc Legere Scis Nimium Eruditionis Habes
Finally, after the breakout of the resistance 3.6, the stock has recovered zone 4.
If he can keep this area, the next targets are about 4.35 and about 4.86.
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