Your opinion on TLS, TPG, PPT, APA for dividends

Hi Paul,

Its not often that I hear people wanting to buy a stock that’s unlikely to be taken over!

• Telstra (TLS) / TPG Telecom (TPG) -We own TLS in our Active Income Portfolio and believe it fits the parameters well, TPG is not too far behind but it comes with more risk in our opinion.
• Perpetual (PPT) – we discussed PPT in Fridays What Mattes Today Report we are neutral at present but it is worth watching. We think PPT is worth ~$30 given the sum of the parts but higher costs on lower revenue reported this week was not a good combo.
• APA Group (APA) – we like APA after this week’s dip under $9 following its capital raise to purchase Alinta’s remote power assets in Western Australia’s Pilbara – we hold APA in our Active Income Portfolio already and are considering increasing our 4% exposure given the yield is now above 6%.
• Metcash (MTS) is another stock we like that pays a solid yield and is not expensive, while we recently bought National Storage (NSR) in our Growth Portfolio which is a company we think is too cheap for their quality.

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Telstra Group Ltd (TLS)

LAST UPDATED 25/08/2023 12:32

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Telstra Group Ltd (TLS)

LAST UPDATED 25/08/2023 12:32