Funds Focus Newsletter January 2013

Telstra 2016 Buy Back (ASX:TLS)

The 2016 Telstra Buy Back – Is it worthwhile?
We have recently built an interactive spreadsheet to help with understanding the Telstra Buy Back and whether this is likely to be profitable versus selling on market.

Our view is lower income tax payers and super funds are generally likely to benefit from the buy back offer.

Investors looking to retain their allocation to Telstra, may even find it more attractive to sell into offer and buy back stock on market.

Further details

analysis, shares, Telstra, buy back, tls, 2016

Melbourne Cup 2015

An analysts view
Fun for the Melbourne Cup. Each year, Macquarie, Morgans and PWC analysts crawl out of the shadows to try and shed some light on the Melbourne cup.

Poring over stats, charts and tip sheets, the researcher’s best beancounting Gollums have been put to work, finally distracted them from their Precious.

This year sees another new entrant from the BT Fixed Income team. It’s well known that the smart guys work in bonds, so we have high hopes for them.

Looking over last year’

Melbourne Cup, analysis, commentary

Melbourne Cup 2014

An analysts view
Fun for the Melbourne Cup. Each year, Macquarie and RBS Morgans release their analysts from their bear pits.

Eager to please their masters sweetened with a few hours of sunshine if they get it right, the analysts work relentlessly through the year.

The beancounters at PWC have also joined in the fun for the last 3 years, producing their own tip sheet but have yet to pick a winner (arguably reflecting that theres more to horse racing than just numbers).

Perhaps

Melbourne Cup, analysis, 2014