Professional Documents
Culture Documents
Appendix B (Telstra's Information)
Appendix B (Telstra's Information)
MENU
Home / 52-Week Highs / Telstra (ASX:TLS) share price hits yet another 52-week high. What’s going on?
Sebastian Bowen
❯
@SebastianTBowen
Published December 24, 2021 1:48pm AEDT
Share Article
TLS
The Telstra Corporation Ltd (ASX: TLS) share price has done it again. Telstra
shares are currently trading at $4.14 each, up 0.36% for the day so far this
Christmas Eve.
That’s not all though, folks. Telstra hit a new high of $4.15 a share in intra-day
trading shortly after lunchtime. Not only is that a new 52-week high for this ASX
200 telco, but it’s also the highest share price Telstra has traded at since mid-2017.
https://www.fool.com.au/2021/12/24/telstra-asxtls-share-price-hits-yet-another-52-week-high-whats-going-on/ 1/9
1/12/22, 11:14 AM Telstra (ASX:TLS) share price hits yet another 52-week high. What's going on?
That puts Telstra’s year-to-date gains so far at a very pleasing 37%. Including
Telstra’s dividends and full franking credits, and we’re looking at a return north of
40% for the year (touch wood). Not bad for an old blue-chip like Telstra, one could
say. Especially since this is just the latest in a string of new 52-week highs we have
seen Telstra clock up over 2021.
It’s hard to picture at the current pricing, but it was only back in October last year
that Telstra was hitting a new all-time low of $2.63 share. Since those dog days, the
company is up more than 55%.
So what could be behind today’s most recent push into record territory?
Well, it’s not entirely clear. There are no pre-Christmas items of news out of the
company today. But there are several factors that could be at play. The first is
Telstra’s ongoing share buyback program.
Telstra is currently in the process of buying back its own shares. Just this morning,
it told investors that it bought and retired just over a million shares yesterday. Share
buybacks decrease the number of shares in circulation. Under the laws of supply
and demand, less supply usually translates into higher pricing, so this is why these
buybacks could be relevant.
We could also be seeing the effects of some ASX broker opinions on Telstra play
out. For example, as we covered earlier his week, Goldman Sachs is currently very
bullish on this telco. Goldman currently rates Telstra as a buy with a 12-month
share price target of $4.40. Goldman particularly likes Telstra’s T22 and T25 cost-
cutting strategies, which it believes will help fund a dividend increase by FY2024.
Even today, Telstra’s dividends are offering a fully franked yield of 3.86%.
https://www.fool.com.au/2021/12/24/telstra-asxtls-share-price-hits-yet-another-52-week-high-whats-going-on/ 2/9
1/12/22, 11:14 AM Telstra (ASX:TLS) share price hits yet another 52-week high. What's going on?
So perhaps it’s this combination that has resulted in the Telstra share price
reaching this new 52-week high today. Whatever the reasons, it’s likely to have
made more than one Telstra shareholder’s Christmas a merrier one.
At the current Telstra share price, this ASX 200 telco has a market capitalisation of
$48.96 billion, with a price-to-earnings (P/E) ratio of 26.5.
Motley Fool Investing expert Scott Phillips just revealed what he believes are the 5
best stocks for investors to buy right now... and Telstra wasn't one of them.
The online investing service he’s run for nearly a decade, Motley Fool Share Advisor,
has provided thousands of paying members with stock picks that have doubled,
tripled or even more.* And right now, Scott thinks there are 5 stocks that are better
buys.
Motley Fool contributor Sebastian Bowen owns Telstra Corporation Limited. The Motley Fool Australia's
parent company Motley Fool Holdings Inc. has no position in any of the stocks mentioned. The Motley Fool
Australia owns and has recommended Telstra Corporation Limited. The Motley Fool has a disclosure policy.
This article contains general investment advice only (under AFSL 400691). Authorised by Bruce Jackson.
52-Week Highs
Why did the Syrah (ASX:SYR) share price jump 12% to a multi-year
high today?
https://www.fool.com.au/2021/12/24/telstra-asxtls-share-price-hits-yet-another-52-week-high-whats-going-on/ 3/9
1/12/22, 11:14 AM Telstra (ASX:TLS) share price hits yet another 52-week high. What's going on?
January 11, 2022 |
James Mickleboro
Healthcare Shares
52-Week Highs
This small-cap ASX healthcare share just hit a 52-week high
Healthcare Shares
Sonic (ASX:SHL) share price hits 52-week high amid COVID booster
change
Resources Shares
Syrah (ASX:SYR) share price rockets 32% higher on Tesla deal
Healthcare Shares
December 7, 2021 |
Monica O'Shea
52-Week Highs
The CSL (ASX:CSL) share price reached a new 52-week high last
week. What’s next?
View All
https://www.fool.com.au/2021/12/24/telstra-asxtls-share-price-hits-yet-another-52-week-high-whats-going-on/ 4/9
1/12/22, 11:14 AM Telstra (ASX:TLS) share price hits yet another 52-week high. What's going on?
In this FREE STOCK REPORT, Scott Phillips, and his team at Motley Fool’s
Share Advisor have released a special free report, detailing 5 ASX stocks
that they think could be fantastic stocks to own as investors prepare for
their retirement.
By clicking this button, you agree to our Terms of Service and Privacy Policy. We will use your email address only to keep you informed
about updates to our website and about other products and services we think might interest you. You can unsubscribe at anytime.
Please refer to our Financial Services Guide (FSG) for more information.
https://www.fool.com.au/2021/12/24/telstra-asxtls-share-price-hits-yet-another-52-week-high-whats-going-on/ 5/9
1/12/22, 11:14 AM Telstra (ASX:TLS) share price hits yet another 52-week high. What's going on?
How To Invest
Dividend Investing
Resources Shares
Retail Shares
Bank Shares
Tech Shares
Healthcare Shares
Small Caps
ETFs
52 Week Highs
https://www.fool.com.au/2021/12/24/telstra-asxtls-share-price-hits-yet-another-52-week-high-whats-going-on/ 6/9
1/12/22, 11:14 AM Telstra (ASX:TLS) share price hits yet another 52-week high. What's going on?
You can do it. Learn about investing with our Investing Education hub.
Win at Retirement
Our latest articles and strategies for the post-work life you want.
Hear our experts take on shares, the market & how to invest.
Stay connected
Sign up for our free "Take Stock" email.
By clicking this button, you agree to our Terms of Service and Privacy
Policy. We will use your email address only to keep you informed about
updates to our website and about other products and services we think
might interest you. You can unsubscribe at anytime. Please refer to our
Financial Services Guide (FSG) for more information.
Our Purpose
Founded in 1993 by brothers Tom and David Gardner, The Motley Fool helps
millions of people attain financial freedom through our website, podcasts, books,
newspaper column, radio show and premium investing services. The Motley Fool
launched its Australian presence in 2011, and since then has grown to reach over 1
million Australians.
Education Contact Us
Privacy Policy
Terms of Service
Manage Account
This Service provides only general, and not personalised financial advice, and has not taken your
personal circumstances into account. The Motley Fool Australia operates under AFSL 400691.
https://www.fool.com.au/2021/12/24/telstra-asxtls-share-price-hits-yet-another-52-week-high-whats-going-on/ 8/9
1/12/22, 11:14 AM Telstra (ASX:TLS) share price hits yet another 52-week high. What's going on?
For more information please see our Financial Services Guide. Please remember that
investments can go up and down. Past performance is not necessarily indicative of future
returns. The Motley Fool Australia does not guarantee the performance of, or returns on any
investment.
© 2010 - 2021 The Motley Fool Australia Pty Ltd. All rights reserved.
The Motley Fool Australia, PO Box 104, Isle of Capri, Qld 4217
https://www.fool.com.au/2021/12/24/telstra-asxtls-share-price-hits-yet-another-52-week-high-whats-going-on/ 9/9
1/12/22, 11:14 AM December is shaping up to be pretty good for the Telstra (ASX:TLS) share price . Here's why
MENU
Home / Communication Shares / December is shaping up to be pretty good for the Telstra (ASX:TLS) share price . Here’s why
Tristan Harrison
❯
The Telstra Corporation Ltd (ASX: TLS) share price is having a positive December
2021 – it’s currently up around 2%.
That adds to what has actually be a market-beating year for Telstra shares.
The Telstra share price has gone up 38% this year, which compares to the S&P/ASX
200 Index (ASX: XJO) return of 12% this year.
https://www.fool.com.au/2021/12/29/december-is-shaping-up-to-be-pretty-good-for-the-telstra-asxtls-share-price-heres-why/ 1/9
1/12/22, 11:14 AM December is shaping up to be pretty good for the Telstra (ASX:TLS) share price . Here's why
However, there was one market sensitive announcement that was released this
month.
Telstra said that it had secured the maximum possible low band spectrum to
maintain its “leading” mobile network.
Earlier this month, the telco said that it had invested $616 million in the Australian
Communications and Media Authority’s 850/900 MHz band auction to secure
2x10MHz – this is the maximum Telstra could bid for under the competition limits
set by the government.
Telstra now has more spectrum than any other carrier, which it said was important
given the larger customer base and it will help it provide the best mobile coverage
and service.
This spectrum is particularly important for its 5G rollout and it will help provide
better coverage indoors and other difficult to reach places in metro locations.
Over the seven years to the end of FY22, it will have invested $11 billion in its
mobile network nationally, with $4 billion invested in the mobile network. It’s aiming
to provide 5G coverage to 95% of the population by 2025.
There are quite a few brokers that like Telstra shares at the moment. A recent note
from Ord Minnett re-iterated its buy rating on the telco.
https://www.fool.com.au/2021/12/29/december-is-shaping-up-to-be-pretty-good-for-the-telstra-asxtls-share-price-heres-why/ 2/9
1/12/22, 11:14 AM December is shaping up to be pretty good for the Telstra (ASX:TLS) share price . Here's why
Ord Minnett’s price target on Telstra is $4.60, which is around 10% higher than
where it is today.
The broker notes that the telco is getting stronger in non-metro locations with its
ongoing investment.
Analysts are also positive on the Digicel Pacific acquisition and how it is structured.
It adds to, and diversifies, the telco’s earnings.
Three months ago, Telstra revealed its T25 strategy which involves more network
coverage, profit growth and margin growth, a goal of growing the dividend over time
and a further reduction in costs. It’s looking to reduce net fixed costs by a further
$500 million between FY23 to FY25.
At the current Telstra share price, Ord Minnett thinks that it’s valued at 24x FY23’s
estimated earnings.
Motley Fool Investing expert Scott Phillips just revealed what he believes are the 5
best stocks for investors to buy right now... and Telstra wasn't one of them.
The online investing service he’s run for nearly a decade, Motley Fool Share Advisor,
has provided thousands of paying members with stock picks that have doubled,
tripled or even more.* And right now, Scott thinks there are 5 stocks that are better
buys.
Motley Fool contributor Tristan Harrison has no position in any of the stocks mentioned. The Motley Fool
Australia's parent company Motley Fool Holdings Inc. has no position in any of the stocks mentioned. The
Motley Fool Australia owns and has recommended Telstra Corporation Limited. The Motley Fool has a
https://www.fool.com.au/2021/12/29/december-is-shaping-up-to-be-pretty-good-for-the-telstra-asxtls-share-price-heres-why/ 3/9
1/12/22, 11:14 AM December is shaping up to be pretty good for the Telstra (ASX:TLS) share price . Here's why
disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by
Bruce Jackson.
Dividend Investing
Is the Telstra (ASX:TLS) dividend going to grow in 2022?
Communication Shares
Communication Shares
2 non-telco sectors that could prove pivotal to Telstra’s (ASX:TLS)
growth
Communication Shares
Is the Telstra (ASX:TLS) share price set to dial in another big year in
2022?
Communication Shares
Telstra (ASX:TLS) just rejoined this exclusive, top-10 club
https://www.fool.com.au/2021/12/29/december-is-shaping-up-to-be-pretty-good-for-the-telstra-asxtls-share-price-heres-why/ 4/9
1/12/22, 11:14 AM December is shaping up to be pretty good for the Telstra (ASX:TLS) share price . Here's why
Seven West Media (ASX:SWM) share price dips despite ACCC green
light on Prime Media deal
December 9, 2021 |
Brooke Cooper
View All
https://www.fool.com.au/2021/12/29/december-is-shaping-up-to-be-pretty-good-for-the-telstra-asxtls-share-price-heres-why/ 5/9
1/12/22, 11:14 AM December is shaping up to be pretty good for the Telstra (ASX:TLS) share price . Here's why
In this FREE STOCK REPORT, Scott Phillips, and his team at Motley Fool’s
Share Advisor have released a special free report, detailing 5 ASX stocks
that they think could be fantastic stocks to own as investors prepare for
their retirement.
By clicking this button, you agree to our Terms of Service and Privacy Policy. We will use your email address only to keep you informed
about updates to our website and about other products and services we think might interest you. You can unsubscribe at anytime.
Please refer to our Financial Services Guide (FSG) for more information.
How To Invest
Dividend Investing
Resources Shares
Retail Shares
Bank Shares
Tech Shares
Healthcare Shares
Small Caps
ETFs
https://www.fool.com.au/2021/12/29/december-is-shaping-up-to-be-pretty-good-for-the-telstra-asxtls-share-price-heres-why/ 6/9
1/12/22, 11:14 AM December is shaping up to be pretty good for the Telstra (ASX:TLS) share price . Here's why
52 Week Highs
You can do it. Learn about investing with our Investing Education hub.
Win at Retirement
Our latest articles and strategies for the post-work life you want.
Hear our experts take on shares, the market & how to invest.
https://www.fool.com.au/2021/12/29/december-is-shaping-up-to-be-pretty-good-for-the-telstra-asxtls-share-price-heres-why/ 7/9
1/12/22, 11:14 AM December is shaping up to be pretty good for the Telstra (ASX:TLS) share price . Here's why
Stay connected
Sign up for our free "Take Stock" email.
By clicking this button, you agree to our Terms of Service and Privacy
Policy. We will use your email address only to keep you informed about
updates to our website and about other products and services we think
might interest you. You can unsubscribe at anytime. Please refer to our
Financial Services Guide (FSG) for more information.
Founded in 1993 by brothers Tom and David Gardner, The Motley Fool helps
millions of people attain financial freedom through our website, podcasts, books,
newspaper column, radio show and premium investing services. The Motley Fool
launched its Australian presence in 2011, and since then has grown to reach over 1
million Australians.
Education Contact Us
https://www.fool.com.au/2021/12/29/december-is-shaping-up-to-be-pretty-good-for-the-telstra-asxtls-share-price-heres-why/ 8/9
1/12/22, 11:14 AM December is shaping up to be pretty good for the Telstra (ASX:TLS) share price . Here's why
Privacy Policy
Terms of Service
Manage Account
This Service provides only general, and not personalised financial advice, and has not taken your
personal circumstances into account. The Motley Fool Australia operates under AFSL 400691.
For more information please see our Financial Services Guide. Please remember that
investments can go up and down. Past performance is not necessarily indicative of future
returns. The Motley Fool Australia does not guarantee the performance of, or returns on any
investment.
© 2010 - 2021 The Motley Fool Australia Pty Ltd. All rights reserved.
The Motley Fool Australia, PO Box 104, Isle of Capri, Qld 4217
https://www.fool.com.au/2021/12/29/december-is-shaping-up-to-be-pretty-good-for-the-telstra-asxtls-share-price-heres-why/ 9/9
1/14/22, 11:44 PM The Telstra (ASX:TLS) share price has already hit multiple 52-week highs this year. What's happening?
MENU
Home / 52-Week Highs / The Telstra (ASX:TLS) share price has already hit multiple 52-week highs this year. What’s happeni…
Brooke Cooper
❯
TLS
Key points
The Telstra share price has hit 3 52-week highs so far this year
The stock is currently trading for 1.4% more than it was at the end of 2021
https://www.fool.com.au/2022/01/14/the-telstra-asxtls-share-price-has-already-hit-multiple-52-week-highs-this-year-whats-happening/ 1/9
1/14/22, 11:44 PM The Telstra (ASX:TLS) share price has already hit multiple 52-week highs this year. What's happening?
The Telstra Corporation Ltd (ASX: TLS) share price has had a strong start time to
2022.
Since the year began, it’s hit its 52-week high 3 times, pushing it higher on 2
occasions.
Excitingly, the Telstra share price reached a new 52-week high of $4.28 today.
Though, at the time of writing, it has slipped slightly lower to trade at $4.24, still
representing a 0.47% gain.
For context, the S&P/ASX 200 Index (ASX: XJO) is down 0.92% right now.
The Telstra share price is in the green for this year so far. Not to mention, its stock
has been flying off the shelves.
Of the 8 trading sessions of the year so far – not including today’s –Telstra has
featured in The Motley Fool Australia’s daily breakdown of the most traded ASX 200
shares 5 times.
Since the final close of 2021, the S&P/ASX 200 Communication Index (ASX: XTJ)
has slipped 2%. Its biggest weights include Domain Holdings Australia Ltd (ASX:
DHG) and SEEK Limited (ASX: SEK).
Meanwhile, Telstra’s fellow ASX 200 telecommunication provider TPG Telecom Ltd
(ASX: TPG) has seen its stock gain 9%. Though, that of its smaller peer Aussie
Broadband Ltd (ASX: ABB) has tumbled 4%.
https://www.fool.com.au/2022/01/14/the-telstra-asxtls-share-price-has-already-hit-multiple-52-week-highs-this-year-whats-happening/ 2/9
1/14/22, 11:44 PM The Telstra (ASX:TLS) share price has already hit multiple 52-week highs this year. What's happening?
While there’s been no price-sensitive news from Telstra in January, brokers remain
bullish on its share price.
As The Motley Fool Australia has previously reported, Ord Minnett and Morgans
both believe the company is worth investing in. They’ve slapped it with price targets
of $4.85 and $4.55 respectively.
Motley Fool Investing expert Scott Phillips just revealed what he believes are the 5
best stocks for investors to buy right now... and Telstra wasn't one of them.
The online investing service he’s run for over a decade, Motley Fool Share Advisor,
has provided thousands of paying members with stock picks that have doubled,
tripled or even more.* And right now, Scott thinks there are 5 stocks that are better
buys.
Motley Fool contributor Brooke Cooper has no position in any of the stocks mentioned. The Motley Fool
Australia's parent company Motley Fool Holdings Inc. owns and has recommended Aussie Broadband
Limited. The Motley Fool Australia owns and has recommended Telstra Corporation Limited. The Motley Fool
Australia has recommended Aussie Broadband Limited, SEEK Limited, and TPG Telecom Limited. The Motley
Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691).
Authorised by Bruce Jackson.
52-Week Highs
Why did the Syrah (ASX:SYR) share price jump 12% to a multi-year
high today?
Healthcare Shares
Medibank (ASX:MPL) share price shrugs off further questions over
profit paybacks
52-Week Highs
52-Week Highs
Telstra (ASX:TLS) share price hits yet another 52-week high. What’s
going on?
Healthcare Shares
Sonic (ASX:SHL) share price hits 52-week high amid COVID booster
change
Resources Shares
Syrah (ASX:SYR) share price rockets 32% higher on Tesla deal
Healthcare Shares
December 7, 2021 |
Monica O'Shea
View All
https://www.fool.com.au/2022/01/14/the-telstra-asxtls-share-price-has-already-hit-multiple-52-week-highs-this-year-whats-happening/ 4/9
1/14/22, 11:44 PM The Telstra (ASX:TLS) share price has already hit multiple 52-week highs this year. What's happening?
In this FREE STOCK REPORT, Scott Phillips, and his team at Motley Fool’s
Share Advisor have released a special free report, detailing 5 ASX stocks
that they think could be fantastic stocks to own as investors prepare for
their retirement.
By clicking this button, you agree to our Terms of Service and Privacy Policy. We will use your email address only to keep you informed
about updates to our website and about other products and services we think might interest you. You can unsubscribe at anytime.
Please refer to our Financial Services Guide (FSG) for more information.
https://www.fool.com.au/2022/01/14/the-telstra-asxtls-share-price-has-already-hit-multiple-52-week-highs-this-year-whats-happening/ 5/9
1/14/22, 11:44 PM The Telstra (ASX:TLS) share price has already hit multiple 52-week highs this year. What's happening?
How To Invest
Dividend Investing
Resources Shares
Retail Shares
Bank Shares
Tech Shares
Healthcare Shares
Small Caps
ETFs
52 Week Highs
https://www.fool.com.au/2022/01/14/the-telstra-asxtls-share-price-has-already-hit-multiple-52-week-highs-this-year-whats-happening/ 6/9
1/14/22, 11:44 PM The Telstra (ASX:TLS) share price has already hit multiple 52-week highs this year. What's happening?
You can do it. Learn about investing with our Investing Education hub.
Win at Retirement
Our latest articles and strategies for the post-work life you want.
Hear our experts take on shares, the market & how to invest.
Stay connected
Sign up for our free "Take Stock" email.
By clicking this button, you agree to our Terms of Service and Privacy
Policy. We will use your email address only to keep you informed about
updates to our website and about other products and services we think
might interest you. You can unsubscribe at anytime. Please refer to our
Financial Services Guide (FSG) for more information.
https://www.fool.com.au/2022/01/14/the-telstra-asxtls-share-price-has-already-hit-multiple-52-week-highs-this-year-whats-happening/ 7/9
1/14/22, 11:44 PM The Telstra (ASX:TLS) share price has already hit multiple 52-week highs this year. What's happening?
Founded in 1993 by brothers Tom and David Gardner, The Motley Fool helps
millions of people attain financial freedom through our website, podcasts, books,
newspaper column, radio show and premium investing services. The Motley Fool
launched its Australian presence in 2011, and since then has grown to reach over 1
million Australians.
Education Contact Us
Privacy Policy
Terms of Service
Manage Account
https://www.fool.com.au/2022/01/14/the-telstra-asxtls-share-price-has-already-hit-multiple-52-week-highs-this-year-whats-happening/ 8/9
1/14/22, 11:44 PM The Telstra (ASX:TLS) share price has already hit multiple 52-week highs this year. What's happening?
This Service provides only general, and not personalised financial advice, and has not taken your
personal circumstances into account. The Motley Fool Australia operates under AFSL 400691.
For more information please see our Financial Services Guide. Please remember that
investments can go up and down. Past performance is not necessarily indicative of future
returns. The Motley Fool Australia does not guarantee the performance of, or returns on any
investment.
© 2010 - 2021 The Motley Fool Australia Pty Ltd. All rights reserved.
The Motley Fool Australia, PO Box 104, Isle of Capri, Qld 4217
https://www.fool.com.au/2022/01/14/the-telstra-asxtls-share-price-has-already-hit-multiple-52-week-highs-this-year-whats-happening/ 9/9