• A conversation with one of the owners of the largest residential builders has revealed that the slowdown in construction activity has indeed commenced. read here

Sky Business with Ticky Fullerton featuring Roger Montgomery: 13 June 2018

Sky Business with Ticky Fullerton featuring Roger Montgomery: 13 June 2018

Roger joined Ticky Fullerton on Sky Business to discuss Telstra. With the investor day shortly approaching will the dividend be cut even further?

The Montgomery Funds own shares in Telstra.  This interview aired 13 June 2018 with the information we have today, and our view may change. It does not constitute formal advice or professional investment advice. If you wish to trade Telstra you should seek financial advice.


Roger is the Founder and Chief Investment Officer of Montgomery Investment Management. Roger brings more than two decades of investment and financial market experience, knowledge and relationships to bear in his role as Chief Investment Officer. Prior to establishing Montgomery, Roger held positions at Ord Minnett Jardine Fleming, BT (Australia) Limited and Merrill Lynch.

This post was contributed by a representative of Montgomery Investment Management Pty Limited (AFSL No. 354564). The principal purpose of this post is to provide factual information and not provide financial product advice. Additionally, the information provided is not intended to provide any recommendation or opinion about any financial product. Any commentary and statements of opinion however may contain general advice only that is prepared without taking into account your personal objectives, financial circumstances or needs. Because of this, before acting on any of the information provided, you should always consider its appropriateness in light of your personal objectives, financial circumstances and needs and should consider seeking independent advice from a financial advisor if necessary before making any decisions. This post specifically excludes personal advice.

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  1. Hi Roger

    The NBN rollout when completed will cost in the range of $50 – $60 Billion and the Government is wanting NBN Co to achieve a mandated commercial return – I’m not 100% sure what that return is, but vaguely remember reading somewhere that 6% was the target. Based on how things are going NBN Co has no hope in hell of achieving a commercial return. WHY ? – because like any infrastructure project Governments get involved in, they end up costing a fortune and then it’s impossible to achieve a commercial return. It’s the same old story with NBN Co.

    You mentioned that the Government wants to eventually divest NBN Co – Who would want to buy it for $50 – $60 Billion if it can’t achieve a commercial return???

    Divesting would involve the Government first writing down the value of the NBN network to entice a sale , but that will involve the Government of the day taking a big hit to the budget bottom line. Can you see the Government of the day doing that ???? It may not have a choice if it wants to divest, so expect the national debt to keep rising.

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