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13 August 2008
Posted by: nowwearetalking editor
Tags: 2008 financial-results results shareholder sol-trujillo telstra
Chris Moretti33 comments 13 August 200810:46am Comment Permalink
So while Optus, Terria and others just talk and try to stop the NBN and go running to the Minister, ACCC, Telstra gets on with the job. looking forward to my 14 cents per share. Action speaks volumes. So Sol, well done Telstra is a $25 BILLION company....Sol you are money well spent.
Sydney Lawrence172 comments 14 August 20089:30am Comment Permalink
Class act Sol.
Con Anton1 comment 14 August 200811:15am Comment Permalink
I thought the results were generally good. One thing I'd like to comment on, was the media briefing and the role of journalists and 'analysts' at the briefing. I'm no expert, but I wasn't overly impressed by the quality of question directed at Sol Trujillo. In the end, its no concern of mine, but I am amazed that its possible for the public perception to be dictated by people who in parts seem uncertain of what they're asking a chief executive of a company.
Jason Briskey58 comments 14 August 200811:49am Comment Permalink
Not all that good if you ask me. "Despite Telstra's big profit, the telco's shares dipped 18c to $4.32 yesterday." http://www.news.com.au/business/story/0,27753,24178530-2,00.html
Sydney Lawrence172 comments 14 August 20081:45pm Comment Permalink
Con I agree with you but I don't think Sol will be much concerned with the disjointed rants of so called journalists. For the aforementioned read John Durie "Telstra's downward transformation" Australian Newspaper August 14 2008. Jason while disappointing to market reaction is not necessarily reflective of the Telstra results.
Vasso Massonic304 comments 14 August 20083:24pm Comment Permalink
If anyone had the slightest notion that Sol was not fair dinkum about Telstra's real and sustainable growth and that making a quick buck instead will do. This shareholder, was delighted that the notion was promptly dispelled during the Analyst's Q&A session. In an article in the AFR on Monday 11 August 2008 Citigroup analysts Tim Smeallie and Phil Campbell were reported to have said, inter Alia, that they "believe they've found an elegant solution and that is for Telstra to relinquish control of the last mile".... and under scenario (3).... "it wins the tender and sells the last mile of the copper into a network company." I was not at all impressed with the so called elegant solution. Tim tried his luck at question time and got a..."dumb idea, we don't even think that way"
Becky Lucas14 comments 19 August 200812:55am Comment Permalink
Sol did a good job. I hope he stays in the company and gets a big fat salary check as his reward. I think he has met his targets. Telstra is still a giant where it should be amongst other player. As Sol said, with all the changes and the good efforts of the staff the others will not be be able to catch up or compete with us in the future. When they do catch up, we will be even further ahead. If executives tell us they are doing well. They deserve to be paid well for meeting their targets.
Becky Lucas14 comments 19 August 20081:36am Comment Permalink
Great work lads! Great work to Sol and the executive team! I'm guessing there will be a big pay rise for everyone's efforts in the company. From management down to the call center staff. From city folk to country folk. Possibly equal pay increases for all this year! With all those big profits, a little birdy told me those pay increases you have been looking forward to might come a bit sooner if you agree to sign a contract that is coming around from your one up manager. I heard it won't be forced on you, but you might want to consider signing this with a lot of enterprise agreements nominally expiring soon. With the union out of the negotiation now, you can ask your one up manager directly for a pay rise now that we have all achieved our targets! Who knows... you might even get a $20,000.00 increase or possibly even more. Your family would be happy knowing there is some comfort in a new contract and pay rise possibly presented to you. This may give you some comfort with your mortgage repayments too. Studies shows that your family may be proud of you if you are able to help reduce mortgage repayments. This could be possible with the potential increase in pay coming your way!!!
Jason Briskey58 comments 19 August 20082:36pm Comment Permalink
Becky, it all sounds like rubbish propaganda to me
Vasso Massonic304 comments 20 August 200810:07am Comment Permalink
Jason, Having backed the wrong horse you must be green with envy but, that's your problem and no one is interested in your problem. Suffice to say that in the current share market turmoil where billions of dollars in company capitalisation have been lost, the benchmark S&P/ASX 200 Index declined 19.3 per cent since January, Telstra have only fallen 3.8 per cent in that period. That does not sound like rubbish propaganda to me. You should expand your horizon and read a bit, like the Australian Financial Review. Enjoy the day.
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