TalkTalk Shares

Spurs_2015

Firstly apologies if I have posted this in the wrong part of the forum if it is can you please move it to the correct place.

As a novice investor I have been looking into the possible advantages of TalkTalk shares due to the reduction in price since the hack happened, while there are mixed feelings online about this what do you guys think of buying them?

Archi_Bald

Individual shares in any company, let alone a rocky one, is a very bad, because very risky, idea for a novice investor. You'd be better advised to learn the ropes by investing in funds. That's after you have read a lot of material about investing. You could start with http://monevator.com/category/investing/passive-investing-investing/

WannaBLoaded

It seems to me the talk talk share were diving before the hack revelations?

I know what you mean though, op.

I had the same feeling about the tesco share back in late last year. They rebounded from about 160 to 250 over a quarter.

But for much this year they have remained stagnant and for long term investors a dead cow.

I would say that punting £1000 on shares as a bit of a gamble might be worth it, just sell when you either make what you would like to make, or sell if they drop by an amount you don't feel comfortable losting.

I might have a dabble in talk talk myself and hope they go up close to 300 a share. Bit of interest for me.

redux

There should be two questions to ask yourself.

Did you want to own shares in this company before this happened?

Why do you want to own shares in it now?

For me, neither of these questions arises. I was already sceptical about their data control issues after I had to ask them three times to remove me from mailing and phone lists, after unwanted sales calls, the last egregious.

masonic

Do you think the company is worth more than the current market consensus? If so, what do you know that others don't?

Thrugelmir

Spurs_2015 wrote: »

As a novice investor I have been looking into the possible advantages of TalkTalk shares due to the reduction in price since the hack happened,

Do you think that the "hack" was a positive event for the Company?

WannaBLoaded

I see what you guys are saying, but time and time again there is a tremor, a wobble, in a relatively stable and profitable company but people lose faith because they hate the risk and drop their shares like free doughnuts and i think (i am a novice) that this therefore lessens the attractiveness of the company and the share price dips. Then, once the bad news is revealed as having not been as bad as first thought, people jump back onto the band wagon again.

I view shares as a gamble, unless you tie up your money into a fund that is spread over companies that are considered the safest, which was oil companies (is it still?).

I have read a lot about what traders think on buying shares in companies etc and a lot of it seems to be based around educated guesses.

I never know what to invest in, maybe this is why my hl account has £50 in it because i put in money and withdrew it all when i got too busy wit work but had to leave £50 in.

One question if i may hijack a little, say you put a grand into talk talk and sold after it rose by 10%, making you £100 less trading fees, do you automatically have tax to pay on that profit?

Even if you made another investment in another company that was to say wipe out your talk talk profit? Hypothetically speaking.

WannaBLoaded

Thrugelmir wrote: »

Do you think that the "hack" was a positive event for the Company?

If the hack isn't as bad as first thought and causes the company to act and build a more robust defense going forward, surely it is?

colsten

If it was that simple, institutional and professional investors would already have piled in and driven the price up.

Thrugelmir

WannaBLoaded wrote: »

If the hack isn't as bad as first thought and causes the company to act and build a more robust defense going forward, surely it is?

What about the impact on it's existing customer base? Confidence is a key factor. Securing data wouldn't be an overnight fix either. Competitors will also be ruthless in exploiting the current discomfort.

WannaBLoaded

colsten wrote: »

If it was that simple, institutional and professional investors would already have piled in and driven the price up.

We may not know until monday morning?