Telstra Shares - Recommended

Good to see our media supporting the great Telstra sale. From the Daily
Telegraph (NSW):
http://www.news.com.au/business/stor...-14334,00.html

"big financial planning firms said they would recommend Telstra shares to
clients.

Peter Hilton, head of equities at Bridges Financial Planning, said his firm
was recommending Telstra, despite its low growth prospects, on the strength
of its dividend policies.

"It's going to be a low-growth stock but it's not bad as a yield
investment," he said.

"To get 28c a share a year is an above-average return, and fully franked at
that."

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"James Bell" <[email protected]> wrote in message
news:[email protected]...
> Good to see our media supporting the great Telstra sale. From the Daily
> Telegraph (NSW):
> http://www.news.com.au/business/stor...-14334,00.html
>
> "big financial planning firms said they would recommend Telstra shares to
> clients.
>
> Peter Hilton, head of equities at Bridges Financial Planning, said his
> firm was recommending Telstra, despite its low growth prospects, on the
> strength of its dividend policies.
>
> "It's going to be a low-growth stock but it's not bad as a yield
> investment," he said.
>
> "To get 28c a share a year is an above-average return, and fully franked
> at that."

And Telstra have publically said there is NO guarantee of that level of
return continuing

On Tue, 31 Oct 2006 20:27:48 +1100, James Bell wrote:

> Good to see our media supporting the great Telstra sale.

I hope your boss at Telstra is paying you top-rate commission for all this
Telstra sex talk.

"Michael" <[email protected]> wrote in message
news:[email protected]...
>
> And Telstra have publically said there is NO guarantee of that level of
> return continuing
>

Oh Yes.. unlike every other company on the ASX which i'm sure GUARANTEE
their future dividends?

Idiot.

"Anthony Horan" <[email protected]> wrote in message
news:[email protected]...
> On Tue, 31 Oct 2006 20:27:48 +1100, James Bell wrote:
>
>> Good to see our media supporting the great Telstra sale.
>
> I hope your boss at Telstra is paying you top-rate commission for all this
> Telstra sex talk.

I'm thinking the Telstra sale is the perfect scenario for the Chaser's
surprise spruiker.. assuming the ABC don't send it the way of the Glass
House.

James Bell wrote:
> Good to see our media supporting the great Telstra sale. From the Daily
> Telegraph (NSW):
> http://www.news.com.au/business/stor...-14334,00.html
>
> "big financial planning firms said they would recommend Telstra shares to
> clients.
>
> Peter Hilton, head of equities at Bridges Financial Planning, said his firm
> was recommending Telstra, despite its low growth prospects, on the strength
> of its dividend policies.
>
> "It's going to be a low-growth stock but it's not bad as a yield
> investment," he said.
>
> "To get 28c a share a year is an above-average return, and fully franked at
> that."

Peter Hilton is a moron. He was recommending TLS to Bridges clients
right through from over $5.40/share to the recent lows at around $3.50.
It's cold comfort to many of these people that they have had a grossed
up annual dividend stream equivalent to 9% or thereabouts, if their
capital has dropped by 35% or more.

T-3 may do reasonably well, but it's not for the faint-hearted.
Certainly should not be pushed on to the elderly investors who are being
targeted by silly analysts like this one. Yes, those people need
income-producing assets, but there are many considerably better options
than TLS in that category.