Where to now for long term investors of Telstra, page-9166

GR,in black and white terms there r 2 ways to invest ,the buffett way ie buy and hold and the trading method/ technical trading.
The way I play the market is to buy and hold stocks.That does not mean I can't add or trim when required,and it is required.
imo investing and holding is the safer way but always be prepared to trim,i could not trade the market for probably obvious reasons as per my posts.

So we come to tls management and y for the first time since holding tls for decades i have sold out.

So I just bring up another issue that has recently become apparrent ie the much hyped sale of non productive assets by penn ie they had 2500 tls exchanges approx 1500 converted to distributed data centres the remaining 1000 exchanges regaed as redundant and would be included in the $2b plus asset sale.?
But then as pointed out penn has put the pitt st exchange/office building up sor sale then plans to lease it back.Thats not selling non productive assets its obviously productive.
And again,where are the proceeds from the asset sales ?

As posted many times i hold 3 stocks,
sxe hmm not happy with a recent announcement ,have trimmed a little but its sitting around my cost.
ptm not a market darling ,i'm in the red a little but when i read their announcements or do a little research i'm generally satisfied with out come but absolutely i need to understand the business model a little better.
bis
tls
I believe the market feels teoh can control costs and take advanatage of synergies.
ps i could easily be wrong about tls,i'm just repeating current fy20 penn guidance and repeating announcements.
ps there r definitely plenty of quality co's i don't hold but i don't have the ability to keep track of to many holdings .
gl