Blue chip or not?

Roger Montgomery

Telstra has reported its results for the six months ended 31 December 2015. Using a telescope rather than a microscope says this is no blue chip: * Reported total income excluding financial income $14.2 billion * Reported EBITDA $5.4 billion * Net profit after tax $2.1 billion * Earnings per share 17.2 cents * Fully franked interim dividend of 15.5 cents * Capital expenditure $2.1 billion This draws an interesting comparison to results for the same numbers for the same half, a decade ago. CONTINUE READING: (VIEW LINK)


Roger Montgomery

Roger Montgomery founded Montgomery Investment Management, www.montinvest.com in 2010. Roger brings more than two decades of investment, financial market experience and knowledge. Roger also authored the best-selling investment book, Value.able.

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telstra australian equities

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