NZ based fixed line infrastructure business may have crossed some investors’ minds as they scanned the main board for defensive orientated positions, especially as the shares are forecast to yield in excess of 4% over the next 12-months. The stock keeps promising and then failing to deliver, MM believes this is a time to keep it simple, we prefer Telstra (TLS) and TPG Telecom (TPL) in the Telco space.
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Performance update for March, stocks that drove returns & our current positioning
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Friday 26th April – ASX200 -101pts, Newmont (NEM), Resmed (RMD) & Super Retail (SUL)
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Market Matters Research Lead Shawn Hickman with David Koch
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MM is neutral CNU
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Performance update for March, stocks that drove returns & our current positioning
Recorded Tuesday 9th April
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Friday 26th April – ASX200 -101pts, Newmont (NEM), Resmed (RMD) & Super Retail (SUL)
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Market Matters Research Lead Shawn Hickman with David Koch
Recorded Monday 25th March
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