19 ordspråk av Craig Young

Craig Young

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It's a bad surprise for the market when things like the U.K. pop out of the blue.

Both of our companies, management and investors, have been looking for ways to scale the business and establish more reach in the market.

We had absolute agreement between our investors and management that putting these two companies together would create a powerhouse in the industry of managed IP services.

It just depends on what the big guys want to do, it depends on what Rupert wants to do and what James wants to do.

It just depends on what the big guys want to do.

Any upside is a bonus. Fairfax probably looks like a good takeover.

This is as good as it gets when you pitch, play defense and hit the baseball.

When two hits are needed, it puts a lot of pressure on these guys. We'll go back to work and get ready for Tuesday.

You don't want to be trying to sell half the company when management is out there talking about worse-case scenarios and doom and gloom. The government will have to postpone the sale if it doesn't clear up the uncertainty.

They might consider how much they sell or think about some other method that doesn't actually get the whole thing away.

With this bleak outlook and this share price, it's going to be extremely difficult for the government to sell. Telstra would obviously like less regulation, but that's something which is out of its hands.

If they focus more on food, they might be better at it and might also be treated more as a nondiscretionary retailer,

The share price might benefit from that. In the past, Coles Myer has not got any benefit in having both food and nonfood businesses under one umbrella.

I have challenged my players. They have worked hard - but now we must press on and in addition to playing well we must look to win points and be consistent.

It's going to be a pretty hard task to sell when the future of the most profitable part of Telstra is so uncertain and risky. Its main business is in decline, and the downside is hard to ascertain.

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