Talktalk Telecom Share Discussion Threads

[septimus quaid] 29/12/2017 21:42

Yes, Tosca's holdings up from 5.09% to 10.46%

Looks like they've been quietly hoovering up shares on a pre-Christmas shopping spree.

They obviously think there is value at these levels.

Toscafund have history when it comes to shareholder activism, so they might shake things up a bit (or, depending on your perspective, just be a flipping nuisance and a distraction to the management):

[site manager] 29/12/2017 12:37

Interesting - Tosca have a large holding in Daisy group.

[rajaster] 29/12/2017 12:13

quepasa on the premium thread(i'm not a premium subscriber).. well noted regarding tosca fund.. and i could see the buys last week as i commented on the shareprice retesting 150s.. very positive in my view.. and i expect this to recover. i took the oppurtunity to buy heavily in the 130s.. so if this hits £2 again i will be happy.

[quepassa] 29/12/2017 11:09

MASSIVE increase in TALKTALK holding by ToscaFund Asset Management released by RNS today.

ToscaFund go from 5.09% holding to 10.46% holding.

The 10.46% carries full voting rights which makes them potentially an influential shareholder.

ToscaFund Asset Management have notified that the combined 10.46% holding is spread amongst several of their funds namely: Tosca SPC, Tosca MidCap,
Tosca Pegasus, Tosca Opportunity.

One notes with particular interest that ToscaFund AM describe certain of these funds as EVENT-DRIVEN and ACTIVIST EQUITY.

In particular:



Tosca Opportunity; event-driven concentrated equity fund

Pegasus; activist equity return orientated and focused on UK mid caps

Tosca Mid Cap; activist equity fund focused in UK mid caps



Perhaps interesting times ahead when activist shareholders start taking such a significant stake in TalkTalk.


ALL IMO. DYOR.
QP

[rajaster] 22/12/2017 13:31

Looks like an ii is building a sizeble steak..some bigs orders..and 152 looking on.. Back to the upward range atleast to retest the gap.

[rajaster] 22/12/2017 10:53

Ps note the gap down.. Gap downs or ups are normally filled.. I. Expexting the gap at 175 to 180 to be filled soonish..thats a nice swing trade.

[rajaster] 22/12/2017 09:55

Watching current level to 152 as resistance, if taken out then i expect 165s. If not then a drop back to mid 130s however looking at the lower time frames there is a new more bullish uptrend showing, so im kind of hoping for a reversal.

[septimus quaid] 16/12/2017 12:38

Sometimes, with a company, it can be useful to look at other (soft) metrics.

e.g., I subscribe to glassdoor for the TALK staff comments (as well as other companies I am invested in).

Generally, TALK staff seem a fairly contented bunch, although the company can be quite demanding (which, to me as a shareholder, is good news).

[septimus quaid] 15/12/2017 08:22

Interim dividend payment due Monday (18/12/17) = 2.5p.

To reinvest same seems like lunacy, but at these levels, hmmm?

I can absorb a future dividend reduction, if it secures the company's future (and my capital).

IMHO, TALK's policy of "growth, cash and EBITDA" is a good, clear, one, especially after the damage done by the Baroness (i.e. paying dividends out of thin air).

Unfortunately, this policy probably puts us out to a 12/18 month time-scale for realisation (far too long for the bed-wetters at the LSE).

[septimus quaid] 11/12/2017 20:26

Possible (further) dividend cut:

www.proactiveinvestors.co.uk/companies/news/188584/city-broker-reckons-talktalk-will-breach-its-bond-covenants-next-year-if-it-doesnt-chop-divi-by-40-188584.html

[davr0s] 11/12/2017 19:07

Well I'm glad I sold north of £2

[septimus quaid] 11/12/2017 15:52

Lord knows where the Baroness was getting the money from to pay the dividends, the cover ratio was abysmal

[bookbroker] 11/12/2017 14:50

This will be the next victim of dodgy accounting!

[joemillion] 11/12/2017 14:34

Cheap as chips. Time to buy. Added 18k at £1.39.

[septimus quaid] 11/12/2017 13:19

I see the doom-mongers are out again today:

Jefferies International 11/12
Reiterates
Underperform
Underperform
95.00p

I was up in the North East last week (Newcastle area) and there seemed plenty of street based sales staff selling TALK packages.

[septimus quaid] 07/12/2017 10:17

Linked to DFX?

[septimus quaid] 05/12/2017 17:45

I think this will struggle along for a while until there is more positive news.

Q3 results should be out early Feb 18

[septimus quaid] 30/11/2017 16:39

To justify 120pps, you would definitely be looking at further dividend cuts.

The present yield of 5.40% is covered 1.02 times

[quepassa] 30/11/2017 15:41

Two negative broker notes today yet TalkTalk is surging.

Perhaps some news about to break......


ALL IMO. DYOR.
QP

[cantrememberthis2] 30/11/2017 15:34

banked small profit.
now will await any further falls, i can see shorts tweaked higher 27th nov and combined with these ratings explains the fall earlier this morning. Historically 130p possible.

[1gw] 30/11/2017 15:26

Numis and JP Morgan both cutting their targets to 120p by the look of it. So after an initial wobble, the shareprice spikes higher...

[septimus quaid] 30/11/2017 11:02

Bought a few @ 141.4p, this is just taking the p1ss

[rajaster] 30/11/2017 10:20

fenner my investment motives in talktalk are a little different as i've worked for talktalk before their demerger and was there during it. i've seen the company grow from nothing to where it is now.. i havent worked there now for a long time, hence the lack of research on the competitors side.. my first shares in ttg were from share options which i sold a while back at £3.to me its a sound investment paying a yield with an additional chance of being sold or selling parts of the business e.g. the mobile side.
right now the price is madness... and from what i recall its almost as low as the listing price.

[cantrememberthis2] 30/11/2017 09:58

Going in for some more...
Unloved and looking to sell up their Mobile arm...
Interesting time!