TLS telstra group limited

Yesterday ANZ forecast a rba cash rate of 2% by the end of...

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    Yesterday ANZ forecast a rba cash rate of 2% by the end of 2013.That should equal term deposit rates of around 3% excluding bonus short term incentive rates.

    Also only 60 days till ex dividend date with the majority predicting a .25 % cut in february just before ex date.

    Telstra at this level pays 6.6%,or 9.4 % fully franked.

    I wont be selling any especially before interim feb report,and i hope the shorters got caught yesterday before ANZ announcement.





 
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