Discussion in 'Shares & Funds' started by Leigh Alchin, 21st Apr, 2017.
Has anybody bought AT & T shares?
Yes, they were trading. Somebody bought them.
I don't need smart ass comments, I was asking to see if other people in Australia had a holding in this business AT & T, United States second largest telo-communications .
that is a better question.
have a nice day.
Yes, I did. That was back in 2000 when they were recommended by Barrons. What a terrible mistake. These days the numbers look a little better for the company. Nevertheless, I will not take a new position. Although the company generates plenty of free cashflow, its not cheap enough at the current price to be compelling. With the benefit of hindsight, 2010 year was a good year for the company. If you are interested in this company look at ALL its accounting rations, going back as far as 1984 when the company was broken up thanks to anti trust legislation
Separate names with a comma.