Talktalk Telecom Share Discussion Threads

[kmann] 06/3/2016 19:41

Confident interview. Some promising developments too imo.

[1gw] 04/3/2016 16:41

Looks like another great closing auction for the longs.

295k shares traded at 239.7p, comfortably above the pre-close bid-offer range.

[1gw] 04/3/2016 16:37

Odey asset management down to 1.44% short yesterday. Hard to see a trend really since their 26th Jan reduction, so are they just trading it at the moment?

1.81% 6th Jan
1.46% 26th Jan
1.51% 1st Feb
1.48% 3rd Feb
1.50% 17th Feb
1.44% 3rd March

[1gw] 04/3/2016 11:10

An increase in average shares on loan reported by Euroclear for February.

Aug'15 89.6m sol
Sep'15 92.6m
Oct'15 89.9m
Nov'15 90.0m
Dec'15 92.1m
Jan'16 91.8m
Feb'16 95.0m

Weighted average shares in issue for 1HFY16 were 955m according to the interims, so close to 10% of the shares are out on loan. Declared shorts are 4.3%.

[kmann] 01/3/2016 16:21

Once THEY load up, stock should become tighter. Its a classic buy low play. Hold the price down. Any decent update should shoot.

[rathlindri] 01/3/2016 15:47

It's looking hopeful, agree 250p level is critical

[kmann] 01/3/2016 15:42

Income funds all over this imo. Break 250p resistance, squeeze up to 280p

[kmann] 29/2/2016 21:06

Markets going for barcaps 350p. Offcom done talk talk a BIG favour imo.

[1gw] 29/2/2016 17:06

Wow. 1.2m traded at 238p in the closing auction according to the advfn data. Someone keen to close a short?

[1gw] 29/2/2016 16:23

I don't know, but it's nice while it does last...

[xxxxxy] 25/2/2016 19:43

It won't last.

[1gw] 24/2/2016 15:45

Why leaked info? It's just a big tradeable event so some are interested in taking a position ahead of it. Recent newspaper commentary (not necessarily based on inappropriate leaks) has suggested Ofcom will stop short of recommending separation of Openreach, but may propose other remedies which could be beneficial to BT's competitors (such as talktalk).

[kmann] 24/2/2016 15:27

If so, another example of leaked info. The whole industry of data protection needs minmum audited stands.

I don't see how some of these brokers justify their low ball targets when the divi is at already high levels. Just trying it on imo. Some people want their cak, eat it, and seconds!

[1gw] 24/2/2016 15:06

I suspect the last couple of days' movements have been in part down to position-taking (and position-closing) ahead of tomorrow's Ofcom report...

[kmann] 24/2/2016 14:38

Breaking out, chart says "BUY ME" for 270p and more on M&A talk. Where else are going to get a divi like this? Solid imo

[rathlindri] 23/2/2016 22:24

xxxxxy 23 Feb'16 - 21:05 - 1696 of 169 (Filtered)

zzzzzzzzzzzzzzzzzzzzz

[xxxxxy] 23/2/2016 21:05

Complaints, or what?

[quepassa] 23/2/2016 15:13

The FT's outstanding Telecoms Correspondent, Daniel Thomas is covering The Mobile World Congress currently being held in Barcelona.

Daniel Thomas writes on page 20 in today's FT about Vitor Colao, CEO of Vodafone who was talking at the Conference and that he is again calling for BT Openreach to be split up.

The penultimate paragraph of the same FT article carries on to say that Vitor Colao "predicted some big mergers in Europe, although adding that they were unlikely to be hostile".

It is interesting that the CEO of Vodafone is reported in the FT today to have said that he predicts some "big mergers" in Europe.

ALL IMO. DYOR.
QP

[shroder] 22/2/2016 12:38

Odey getting a roasting on HOME - not always right.

[pierre oreilly] 22/2/2016 12:28

Another thing to mention about their contracts - at least if mine is typical - is that rises are built in. I pay about £8 for 6 months, then one discount drops out and I pay £13 for the next 6 months, when another drops out and I pay £23 for the final 6 months of the contract (and if i don't cancel, it goes up again at 18 months). Worth bearing in mind when the revenues are announced again.

[shroder] 22/2/2016 12:13

Thanks 1gw, much appreciated.

I feel they have gone through the worst of the bad press and if anything has sharpened their customer service. After calling Talk talk accounts department last week I ended up renewing one contract and will probably do likewise when the second is due.

Seems like it's overdone tbh, imo

[1gw] 22/2/2016 10:29

Shroder - Haitong

One of the most negative brokers seems to be Haitong with its 160p target. However, they also floated the idea of Iliad acquiring talktalk (but qualifying this by saying it wouldn't be the ideal target). The linked FT article gives some of the Haitong reasoning behind their negativity 'Talktalk...does not own its fixed-line access network and its customers "are materially more expensive than average to retain"'

[1gw] 22/2/2016 10:18

Shroder - just the result of osmosis - the impression I have gained from following talktalk through the press and investor websites for some time.

However, there are a couple of links which touch on some of this. The Telegraph Questor article from January (pre latest talktalk update) hits most of the points.


And Goldman Sachs major on the earnings/competition aspect, as reported by Sharecast in early Feb:
"However not everyone was as optimistic, with Goldman Sachs downgrading the company and removing it from its Pan-Europe Buy List.
It said it believed there is an increased structural uncertainty on TalkTalk's ability to grow long-term earnings, only partly due to the recent cyber-attack.
"We continue to forecast top-line growth compounding efficiency gains, but our less positive view on price rises in UK triple-play and Talk's potentially weaker price position lead to lower long-term revenue growth forecasts (1%-3% from 2%-4% 2016-20E)."
Goldman Sachs said the company's valuation is less compelling on its lower estimates, and it dropped its price target from 312p to 271p.

[quepassa] 21/2/2016 10:20

Thursday 25th. will be an important crunch-date.

The excellent article in The Weekend FT by Daniel Thomas refers.

ALL IMO. DYOR.
QP

[xxxxxy] 19/2/2016 17:56

What's left to say?