TLS 0.25% $3.92 telstra group limited

prudent investment while waiting for nbn ann., page-14

  1. 285 Posts.
    polpak
    what is the message in your post, re TLS?
    good? bad?

    article in Australian on Friday that Gillard will cancel NBS before end of Feb. (Australian was forecasting Rudd dismissal 3 weeks before the event.)

    re FF dumping TLS stock, it seems to me that it does not matter; the div yield is so high that for the price to fall below the sp levels of last year would produce a grossed-up div yield of 14.5-15. SMSF's for older persons are tax free and that's a high reasonably assured return to hold and buy into; even non SMSF funds would find 10% net a reasonable return. I can't see it falling lower than its 2010 levels, whatever the FF does.
 
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