http://www.smh.com.au/news/business...1156012731231.html?page=fullpage#contentSwap1The Federal Government will sell almost half of its remaining stake in Telstra later this year, parking the rest of the shares in the Future Fund.
http://www.smh.com.au/news/business...ows-say-brokers/2006/08/25/1156012735812.htmlTelstra shares may fall to new lows and there's unlikely to be a rush to buy more shares in the next sale, brokers say.
Brokers and the nation's peak shareholders' group say the federal government's decision to sell part of its remaining stake in Australia's largest telco is not the best outcome for investors.
banjo_pete said:do you believe it would be a buy if they sold it off???
Sheesh... talk about spam.Prospector said:They had a rather unusual advertising campaign designed, focussing very heavily on SMS texting as a means of promotion
Sell them c/- Kellogs, and on the back you can cut out your own cardboard cornflakes.GreatPig said:Sheesh... talk about spam.
Why don't they just give the shares away in Weetbix packets. At least they'd be priced about right then, and recipients would at least get something of value from the Weetbix...
GP
nizar said:no; they really need insto support if they want to sell it; retail investors they can forget about. how many investors did t2 have? maybe 10,000, well u can rule them out from getting burnt twice
they reckon $2 first instalment with 28c div and then the balance in 2 years. sounds familiar? YES, t2 was also the same structure but that didnt help the price. and plus look at the sharemarket; we have been bearish since may, and they say stocks with yield outperform others; well unfortunately tls hit its all-time low $3.43 this last week
From ABC, September 20, 2006
Doubt cast on Trujillo's track record
Serious questions have been raised about the competency of Telstra boss, Sol Trujillo, during his time as the chief executive officer of US West - one of America's biggest telephone companies.
Mr Trujillo has been heavily criticised on the SBS's Dateline program for failing to deliver basic services while in the US West job, which he held prior to his appointment in Australia.
US West was investigated by a telecommunications commission and ordered to refund $11 million to customers.
Despite failing to deliver basic telephone services, Mr Trujillo was paid out more than $US72 million when he left the company.
He was given a further $US100 million in shares.
Senior Telstra executive Phil Burgess has defended Mr Trujillo, saying that government regulation is to blame for Mr Trujillo's past record and for Telstra's current woes.
"Against the policy of the Government, against the policy of the Labor Party, against the policy of the Liberal Party, we have a rogue regulator here which is going down a path which is different from the Government, which says there should be a national uniform price," he said.
Mr Trujillo declined to be interviewed for the Dateline story.
alankew said:Anyone like to give their opinions on Telstra as a potential shorting opportunity in light of the recent bad publicity.I have been thinking of shorting it but it just seems to keep going up despite the negative media it is getting.Confused
alankew said:Anyone like to give their opinions on Telstra as a potential shorting opportunity in light of the recent bad publicity.I have been thinking of shorting it but it just seems to keep going up despite the negative media it is getting.Confused
GP I appreciate that you know a heap more about this that I, but... another way to look at it....if they put the fan in reverse ... you get hit twiceGreatPig said:... slow fan reversal pattern...GP
A very risky assumption...2020hindsight said:I appreciate that you know a heap more about this that I
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