the call: Tuesday 13 October

Both analysts see a bond-yield-driven deleveraging cycle pressuring property, retail and services stocks despite near-term AI and defensive-yield opportunities.

• Telstra split: Chair Craig Dunn admitted management "fell short" after a deadly July triple-zero outage; CEO Vicky Brady's bonus cut ~$600K; Mathan says buy for defensive yield, Scott holds — too expensive given Starlink direct-to-cell threat to rural dominance.
• Property and retail caution: Stockland (down ~30% YTD, 6.1% yield) gets double hold amid a deleveraging cycle Mathan says hasn't let property trusts regain pre-GFC highs; Kogan splits buy (Scott, e-commerce growth thesis) vs sell (Mathan, weak retail macro).

Themes, sentiment and reasons are AI-written paraphrases, checked so they never quote an episode. They may contain errors. Not investment advice. Episodes remain the property of their creators.