hmm where to start.? As posted 1m times,maquarie and penn blame the nbn 2% margin.
Have you ever heard penn refer to his $2.5b fixed cost cutting target by t2022 as being a result of the transfer of employees from tls to nbn and as a result the cost to tls for reselling nbn is directly $2.5b less.Answer no. So on top of that 2.% margin imo u must add the $2.5b cost reduction for tls to resell nbn. Then imo u must add the $1b nbn lease payments to tls from nbn. Above are the major figures. The purpose of the nbn compensation agreement was to maintain tls's $3b fixed profit,if the $2.5b cost cutting by 2022 was applied to the nbn margin as it should have been as per agreement the margin obviously massively increasings. Clearly penn takes credit for transferring tls's fixed employees to nbn but never ties the cost reduction to the nbn agreement,and then he goes out and employs an 'extra' 1500 tech uni graduates for tls's nas division As posted imo tls could have maintained a minimum of .28 cents eps but for penns pipe dream in telstra purple.
TLS Price at posting:
$3.05 Sentiment: None Disclosure: Not Held
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)