Showing posts with label Teamtalk Ltd. Show all posts
Showing posts with label Teamtalk Ltd. Show all posts

Friday, August 27, 2010

Hidden Gems: Teamtalk Ltd

I own a 17 shares in the Share Investor Portfolio and they are mostly larger companies which are well known to investors and to the public in general.

While doing a Long Term View series post yesterday I had come down to doing some of the smaller companies listed on the NZX . Largely most of these are penny dreadful losers or companies that have very patchy results and pasts but when I came down to calculating the long-term returns for Teamtalk Ltd [TTK.NZX] I found to my surprise that this tiny little Telecom sector company with less than a $50 million market capitalisation is one of the better investments listed on the NZX.

With an annual net return of 17.61% (including dividends and tax credits)for the last 6 or so years since listing and a nearly 7% annual gross return, Teamtalk outperforms most other listed NZX companies by a large margin.

The company
began in 1994 as Managing Director David Ware, annoyed by the poor service and lack of professionalism from telecommunications companies, set out to start his own.

They struggled through the deregulation of the Telecoms sector in the 1990s and the bankruptcy of their owner in 1999 and ended up buying the company themselves and listed it in 2004.

The company has performed well since then and by management's reckoning see a positive future for thew company ahead.

The company is not for me because I don't fully understand what they do but it might be well worth looking at if you are well versed in this sector.

You could well do alot worse.


Teamtalk Ltd @ Share Investor

Long Term View: Teamtalk Ltd

Discuss TTK @ Share Investor Forum
Download TTK Company Reports
TTK Prospectus

From Fishpond.co.nz

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c Share Investor 2010

Thursday, August 26, 2010

Long Term View: Teamtalk Ltd



In this series of posts I am going to be looking at stocks listed on the NZX in relation to their returns to shareholders over the life of their listing -what shareholders would now see in their back pockets if they had invested in the company IPO. The calculation of returns includes dividends and tax credits.

Teamtalk Ltd [TTK.NZX] has been a great investment for shareholders since its May 2004 listing at $1.75c per share (see TTK prospectus for more detail) . With $1.25c in net dividends and another 30% of that figure gained for those eligible for associated tax credits gives TTK (see NZX chart above) a 111% return (see chart below for the share price percentage gain against the average of all NZX indexes - does not include dividends, tax credits and the share split in its calculation) and over the nearly 6.3 year listing of TTK an annual net return of 17.61%.

This compares to an annual return from the average of all NZX indexes of 2.38%.




Long Term View Series

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Telstra Corp Ltd
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Teamtalk Ltd @ Share Investor


Discuss TTK @ Share Investor Forum
Download TTK Company Reports
TTK Prospectus


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c Share Investor 2010