tough time for ceu in coming days, page-7

"they even said they might surprise the market."

What could that be?

I did just that...I contacted Danny Agnoletto . to ask those questions.

I must say GG you got more news when you found that another firm had reeaffirmed the Hyder forecast.

I am concerned that it is the same Hyder who did the Sydney City Tunnel forecast.

It is interesting that Macquarie did not bid on the Sydney tunnel because of the forecasts, whereas MQG sponsored CEU and its Hyder forecast.

It is being said that Hyder got it wrong (89000 ADT) as against 30000 in reality because they expected cars to use the tunnel from too wide a drawing belt. Only William St uses the tunnel
So 258000ADT is the target.

In their latest News Bulletin in March CEU expressed renewed confidence in the numbers.............

(1) NRMA says Toll Roads are good for.....
cars..........less wear and tear
fuel...........sometimes 40% less fuel for a l journey 39KM
time....30 mins saving for 39km v upto 50 traffic lights
environment ..........less co2
(2)The corridor around CEU is similar to that around M7...rapid housing and commercial development
(3) Public transport is poor
(4)Low unemployment in the corridor
(5) House prices rising in the area....wealth effect
(6) Lowest private tolls in Aust...some trips 32c
(7) Partnerships...Wilson and CEU have a parking smartcard that allows parking in Wilson Carparks 'cashless'
(8) $4.82 cap on tolls....a real good feature on M7