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SPK - Spark New Zealand (1 Viewer)

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Hi all

Do any of you have any thoughts on the regulatory changes made in NZ that have seen TEL plummet over 12% in two days?

From what I understand, that market should have already factored this into the price before the release of the government report. I personally think this is an over reaction. It may just be a matter of waiting to see what impact it does actually have on the bottom line of TEL.

Does anyone have any thoughts on this?

Regards
Aaron.
 

3 veiws of a secret

3 veiws of a secret
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Re: TEL - Telecom Corporation of New Zealand

Aspect Huntley's have 'ACCUMULATE ' all over this stock - seems only because of 'yield'.......can only agree with {ronny 05} ....so is it over sold? It's on my radar!
 

GreatPig

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Re: TEL - Telecom Corporation of New Zealand

Looks like a head & shoulders bottom formed on this one now. Bounced back off the neck line today, currently at $4.01.

Upside target of around $4.60, if this follows the textbooks... :cool:

GP
 

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GreatPig

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Re: TEL - Telecom Corporation of New Zealand

Dipped back through the neckline, but heading up again, albeit on low volume.

Cheers,
GP
 

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Re: TEL - Telecom Corporation of New Zealand

TEL has been in a big down trend for a long time. Why? Is the same thing going to happen to TLS.ax ?
 
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Re: TEL - Telecom Corporation of New Zealand

GreatPig,
Believe it or not buddy tls is in a downtrend and has been for a very long time, has given big dividends though. Where will it end up 5 yrs from now?
 

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Re: TEL - Telecom Corporation of New Zealand

DAVID YUILE TO DEPART TELECOM

Telecom has today announced that David Yuile, CEO of AAPT, will be leaving AAPT effective 28 February 2014, and will accordingly cease to be an officer of Telecom Corporation of New Zealand Limited on that date. Telecom Chief Executive, Simon Moutter, said that Mr Yuile has been instrumental in driving the transformation of AAPT over the past few years into a highly competitive data and internet provider. This work has culminated in the sale of AAPT to TPG for A$450million, due to be settled on 28 February 2014.


28 February 2014 - Telecom completes sale of AAPT to TPG Telecom Limited

Telecom is pleased to announce it has today completed the sale of AAPT for A$450 million to TPG Telecom Limited. As announced at its investor strategy day in May 2013, Telecom’s strategic ambition is to become a growing New Zealand company and a future-oriented, competitive provider of communication, entertainment and IT services delivered over its networks and the Cloud.

“The sale of AAPT was consistent with this strategy and with our desire to focus principally on our New Zealand operations and on the needs of New Zealand customers” said Telecom Chief Executive, Simon Moutter. Following a period of cost reduction and operational improvement, AAPT has.....


The rest can be read here:- http://stocknessmonster.com/news-item?S=TEL&E=ASX&N=785625

140228 - TELs.gif
 
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Re: TEL - Telecom Corporation of New Zealand

I've noticed that a few of the NZ related Aus-listed stocks I monitor have been strong the last couple of weeks: TEL, FBU, SKT

The NZD has been caning the AUD over the last few months. That might partially explain it.:confused:
 
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Re: TEL - Telecom Corporation of New Zealand

The NZD has been caning the AUD over the last few months. That might partially explain it.:confused:

Perhaps. But although the stronger NZD reflects better business conditions in NZ - and therefore the prospect of better profits for NZ companies - it should also result in the AUD shareprice increasing, given that the NZD is now buying more in AUD terms. That hasn't happened in the case of the three companies mentioned.
 

System

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Re: TEL - Telecom Corporation of New Zealand

On August 8th, 2014, Telecom Corporation of New Zealand Limited (TEL) changed its name and ASX code to Spark New Zealand Limited (SPK).
 
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Well it took 13 days to go down but only 4 to get back to where it came from. However I don't think it is necessarily going to carry on at that rate!!.

141211 - SPKs.jpg
 
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The recent announcement re taking over management of all Spark stores has been well received by the market. It's been a solid performer since splitting off the infrastruture business to Chorus and pays a good divvy - if you're a NZ taxpayer!

https://www.nzx.com/companies/SPK/announcements/302756

What do you mean to imply by the last statement about it paying a good dividend, but only if you are a NZ taxpayer? Isn't it a good buy for Australians from a dividend perspective?
 
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Australian taxpayers don't get the benefit of NZ imputation credits, the equivalent of Aust franking credits, in the same way that NZ taxpayers can't use Aust franking credits. Both arise from taxes paid from profits in the respective countries. I'm assuming that Spark doesn't earn sufficient (any?) Aust profits to allow dividends to Australian shareholders to be franked?
 
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SPK forming a bull flag. Price has just dipped below the 9EMA. Entry here would be 4.08 with an iSL of 3.99. Low side of target range is 4.37, which offers a minimum 3:1 reward to risk. High side of target range is 4.63, offering reward to risk of over 6:1.

SPK.JPG
 

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