Find out why Portfolio Manger Michael doesn't like Telstra, and why it's struggling to keep up the pace in this technocentric world.
Michael has over 17 years experience in financial markets and over 15 years experience as a portfolio manager and director of several boutique investment management firms. As one of Australia’s most experienced small cap fund managers, Michael was...
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The product lifecycle that was mentioned in the article is typical any service or product industry and what they do is to price their offering accordingly. Telstra has been leading the technology innovation, in Australia at least for the last few years, and me having opportunity to get a view to their pricing and capex, Telstra did well to go through the lifecycle. I would have invested in Telstra if they re-organised their hierarchy to align as a technology company.