Geekzone: technology news, blogs, forums
Guest
Welcome Guest.
You haven't logged in yet. If you don't have an account you can register now.


2260 posts

Uber Geek

Trusted

Topic # 61699 21-May-2010 14:54
Send private message

Hmmm, just wondering, I have a couple of grand, Telecom is at their lowest share price yet

Does anything think they'll rebound?  seriously considering maybe 1-2000 shares at the current rate(1.90 asking) at the moment?





 







I have moved across the ditch.  Now residing in Melbourne as a VOIP/Video Technical Trainer/Engineer. 

Create new topic
27128 posts

Uber Geek
+1 received by user: 6572

Moderator
Trusted
Biddle Corp
Lifetime subscriber

  Reply # 332981 21-May-2010 14:58
Send private message

It will bever rebound significantly - but if the Government buys Chorus or establishes a partnership for the fibre rollout it could be interesting.

3290 posts

Uber Geek
+1 received by user: 209

Trusted

  Reply # 332985 21-May-2010 15:07
Send private message

The question to ask yourself is what else could you be doing with that money? Risk vs reward.

178 posts

Master Geek
+1 received by user: 7


  Reply # 332999 21-May-2010 15:32
Send private message

Buying shares is more risky than ever, IMHO. If you have a bit of spare cash to play with, I would diversify. Put $500 into Telecom, and the rest into other higher risk ventures. There's a good chance you'll lose value, but the gamble is that you could make many times that.

780 posts

Ultimate Geek
Inactive user


  Reply # 333000 21-May-2010 15:42
Send private message

Telecom are toast.

Their executives couldn't organise a p*** up in a brewery (ask yourself, when is the last time that telecom ever succeeded at a new business, where that business was not rooted in monopoly?). See xt / cdma / ferrit / aapt / online shopping .............. Everything they touch turns to mud.

If telecom had a decent CEO (and I mean of Richard branson/steve jobs calibre) , maybe i'd buy.

But, all they have is a guy who knows how to run old fashioned services. Reynolds is a disaster for them. My chickens could run telecom better.







2260 posts

Uber Geek

Trusted

  Reply # 333006 21-May-2010 15:49
Send private message

bazzer: The question to ask yourself is what else could you be doing with that money? Risk vs reward.


Yeah,  icould use it to help fund my eye surgery, or on shares


As Sbiddle says, they could rebound quite a bit.  I'm guessing if they did manage a partnership for FTTH they would go up?  But go down if the Govt bought them out

Hmmm tricky decision, might have to sleep on it and have a look at how the shares close up tonight :)
 




I have moved across the ditch.  Now residing in Melbourne as a VOIP/Video Technical Trainer/Engineer. 

3290 posts

Uber Geek
+1 received by user: 209

Trusted

  Reply # 333016 21-May-2010 16:04
Send private message

Honestly, if you're asking the question here then I think the answer is don't buy them. You seem to be after a get rich quick kinda thing. That's fine, but you have to weigh up the risks.

6434 posts

Uber Geek
+1 received by user: 1571


  Reply # 333123 21-May-2010 19:48
Send private message

If I had spare money I don't mind losing too much, then they might be worth a punt.

However, if I were looking for an investment to grow some money, then I would never buy shares in any one individual company. far far too much risk.

Create new topic

Twitter »

Follow us to receive Twitter updates when new discussions are posted in our forums:



Follow us to receive Twitter updates when news items and blogs are posted in our frontpage:



Follow us to receive Twitter updates when tech item prices are listed in our price comparison site:



Geekzone Live »

Try automatic live updates from Geekzone directly in your browser, without refreshing the page, with Geekzone Live now.



Are you subscribed to our RSS feed? You can download the latest headlines and summaries from our stories directly to your computer or smartphone by using a feed reader.

Alternatively, you can receive a daily email with Geekzone updates.