TLS telstra group limited

Where to now for long term investors of Telstra, page-9094

  1. 9,912 Posts.
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    Absolutely agree GR on yr entire post.
    When i sold my last lot of tls shares at approx $3 i made it clear in the same post it was not meant as a sell recommendation.
    I also made clear Fastrades sp predictions of approx $3.20 to $3.40 were absolutely possible pre agm..
    I sold out because i can not hold tls under current management.
    If something changes then I will start the process of buying back in to a level i regard as a medium holding.
    If in fy report its simply a repeat of previous reports and penn makes no clear change to earnings forecast ie we r still not there yet ie the 50% profit reduction then i'll b happy to stay out of tls.
    If i have to pay $3.50 whatever to start building my holdings in tls then so b it,but some thing has to change regarding penn and the chairmans guidance.
    Let me put it another way,if they achieve their guidance of a 50% profit reduction in next presentation,that means that the nbn compensation agreement is still having no effect.
    That means if they achieve their guidance they must build tls's eps 100% just to get back to historic earnings of .30 cents eps
    As posted many times there is something wrong in the figures,if its a lagging issue regarding the compensation package of $3.5 billion penn should make this clear,it would be negligent for him and cfo not to do so.
    He has not so far,,blah blah total cost increasing etc etc.ps currently i could write the fy20 presentation but it would not be good,i hope this time penn has a wabbit to pull out but i see no indication this will happen.?
 
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